What is the RERA Act?

The RERA Act was passed in 2016 to empower real estate investment & give the buyers power to get their rights as promised by the developers. The act was needed as there are countless cases where developers have cheated the buyers.

RERA Act, 2016 implies necessary accountability on the developers and empowers the trust of common people in the real estate sector. The law also opens a door for the common public to get more transparent deals as well as helps the government to keep a sharp eye on each transaction in different zones. 

Why is RERA Important?

1. Project Registration 2. Promoter Registration 3. Real Estate Agent Registration

Types of RERA Registration

RERA Act, 2016 has been a boon to the real estate industry. This has effectively lowered the misuse of buyers’ money and has made all construction deals transparent to the public and government.