Understanding RERA: A Quick Guide on Applicability, Registration Process, and Consequences of Non-Registration
The Real Estate Regulatory Authority (RERA), established under the Real Estate (Regulation and Development) Act of 2016, aims to safeguard home buyers and boost investments in India’s real estate sector. Passed by the Rajya Sabha on March 10, 2016, and effective from May 1, 2016, RERA seeks to bring transparency, accountability, and consumer protection to …