India, March 12 -- The Karnataka Real Estate Appellate Tribunal (KREAT) dismissed an appeal filed by the Bangalore Development Authority (BDA) and upheld an order from the Karnataka Real Estate Regulatory Authority (KRERA) that classified BDA as a 'promoter'. KREAT ruled that the authority qualifies as a promoter because it develops and sells plots or buildings to the public and must therefore comply with the provisions of the Real Estate (Regulation and Development) Act, 2016.

Upholding the KRERA order, KREAT also directed the authority to register the Nadaprabhu Kempegowda Layout (NPKL) project under the RERA Act.

"The appeal filed by BDA under Section 44 of the RERA Act is hereby dismissed at the stage of admission, holding that the ...