On October 30, 2025, the Karnataka Real Estate Regulatory Authority (RERA) determined that landowner s also fall under the definition of promoter as defined in Section 2(zk) of the RERA Act, 2016. Consequently, the K-RERA said, the landowner is liable to pay Rs 6.5 lakh as interest compensation to a homebuyer for the delay in possession, as it constitutes a violation of the RERA Act.

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This ruling arose from a case filed by two families of homebuyer, who had purchased apartments in the said housing project. On October 3, 2019, the builder, landowner and others entered into a development agreement that led to the construction of this housing project.

Even though the apartment was deve

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