RERA, or the Real Estate (Regulation and Development) Act, was implemented by India's government in 2016 to regulate the real estate market and protect buyers' rights. Additionally RERA, or the Real Estate (Regulation and Development) Act, was implemented by India's government in 2016 to regulate the real estate market and protect buyers' rights. Additionally, it aims to increase transparency and accountability within this sector.RERA provides purchasers with a measure of protection against fraudulent practices that were prevalent at the time. Buyers have clearly defined rights and remedies should there be issues in their purchase. Buyers also access reliable information on ongoing or planned projects via online portals established under RERA.
Enter comment