Lease-Based Commercial Project Outside Purview of RERA if Developer Has No Right to Sell Units: Allahabad High Court

The High Court of Judicature at Allahabad, Lucknow Bench, has held that a real estate project where the developer only possesses leasehold rights and lacks the authority to sell units does not fall within the ambit of the Real Estate (Regulation and Development) Act, 2016. The Court clarified that the element of “sale” is a

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