Ecolex Logo
El portal del
derecho ambiental
Resultados de la búsqueda » Legislación

Islamabad Real Estate (Regulation and Development) Act 2020.

País/Territorio
Pakistán
Subdivisión territorial
Islamabad Capital Territory
Tipo de documento
Legislación
Fecha
2021
Fuente
FAO, FAOLEX
Título completo
An Act to establish the Real Estate Regulatory Authority for regulation and promotion of the real estate sector and for matters connected herewith.
Materia
Tierra y suelos
Palabra clave
Procedimientos judiciales/procedimientos administrativos Catastro/registración de tierras Solución de controversias Financiamiento Tenencia de tierras Infracciones/sanciones Propiedad
Área geográphica
Asia, Asia y Pacifico, Océano Índico, Mares del Asia Sudoriental, Asia Meridional
Resumen

The Act provides rules for registration of the real estate project before the Real East Regulatory Authority with the purpose of protecting the interest of buyers in the real estate sector; to regulate mega projects in the real estate sector by any developer and providing a mechanism for speedy dispute settlement. The Act requires as well registration of the real estate agents that shall facilitate the sale or purchase of or act on behalf of any person. The Act further lays out for functions and duties of developer, and rights and duties of allottees. Chapter V of the text provides for the real estate regulatory authority establishment, composition, and functions that include measures to encourage construction of environmentally sustainable and affordable housing; measures to facilitate digitalization of land records; creation of a single window system for ensuring time bound project approvals; and measures to encourage investment in the real estate sector. The Act further provides for offences, the real estate appellate tribunal, finance and reports. The text consists of 88 Articles divided into 9 Chapters.

Texto completo
Inglés