Islamabad Real Estate (Regulation and Development) Act 2020.

The Act provides rules for registration of the real estate project before the Real East Regulatory Authority with the purpose of protecting the interest of buyers in the real estate sector; to regulate mega projects in the real estate sector by any developer and providing a mechanism for speedy dispute settlement. The Act requires as well registration of the real estate agents that shall facilitate the sale or purchase of or act on behalf of any person. The Act further lays out for functions and duties of developer, and rights and duties of allottees. Chapter V of the text provides for the real estate regulatory authority establishment, composition, and functions that include measures to encourage construction of environmentally sustainable and affordable housing; measures to facilitate digitalization of land records; creation of a single window system for ensuring time bound project approvals; and measures to encourage investment in the real estate sector. The Act further provides for offences, the real estate appellate tribunal, finance and reports. The text consists of 88 Articles divided into 9 Chapters.