21 December 2012
Whether a company purchasing material from outside and issuing same to the contractor and getting done their project complete under contract with third party and collecting consideration directly from construction can be registered as "Real Estate Agent"? or it have to registered under "Construction of Residential Complex"
23 December 2012
In my view the same sud be covered under "Construction of Residential Complex" since this is not falling in the definition of "Real Estate Agent" given in section 65(88) of the Act as follows :- "real estate agent" means a person who is engaged in rendering any service in relation to sale, purchase, leasing or renting, of real estate and includes a real estate consultant.