Search result for RERA Impact

Recently RERA (Real Estate Regulation and Development) Act, 2016 completed a year on May 1. Although certain sections of the Act were introduced on May 1, 2016, it came into force in its entirety on May 1, 2017. Before RERA, there was no real estate regulator in the country due to this many builders took homebuyers for a ride. Del...

Why RERA is still not a nation-wide market force. Many state governments have been lax in implementing RERA. There are various forces at play – the primary one being change aversion. RERA was conceived to change the entire status quo of how real estate is designed, developed and sold in India. It intends to put p...