Who is a promoter under RERA?
RERA uses a broad statutory definition of promoter that can cover builders, developers, certain development authorities and other persons responsible for developing or selling qualifying real-estate projects.
Why this matters
- Helps users understand whose statutory responsibilities may apply to a project.
- Supports more accurate reading of project registration and disclosure records.
Why this matters for buyers
RERA places important duties on promoters, including project registration and disclosures where applicable. A buyer should identify the promoter shown in the official project record rather than relying only on marketing material.
Use the official project record
Because structures and responsibilities can differ between projects, users should verify the promoter and project details on the relevant RERA authority portal.
Investor Setu perspective
The useful question is not only who marketed the property, but who appears in the official regulatory record and what information has been disclosed there.
Sources
The Real Estate (Regulation and Development) Act, 2016