A complete guide to understanding RERA
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For long, the real estate sector remained largely unregulated with uneven information <br>distribution, no financial discipline, terms favouring developers, and little or no grievance <br>redressal forums for home buyers. 2016 was a game changer when the Real Estate <br>Regulatory Authority (RERA) Act was introduced with a purpose of protecting the interests <br>of homebuyers, boosting real estate investments, and ensuring transparency in general. <br>The said Act mandates that each state establish its own regulatory body and create rules to <br>oversee its functioning.
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A complete guide to understanding RERA
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