The Real Estate (Regulation and Development) Act, commonly known as RERA, introduced a regulatory framework for real estate projects and aimed to improve transparency and accountability in the sector.
What RERA introduced
- Registration of covered projects with the state regulator
- Disclosure of project details, plans, and timelines
- Mechanisms intended to protect buyer funds
- A forum for buyers to raise certain complaints
Why it matters to buyers
For buyers, RERA was designed to provide clearer information about a project before purchase and a defined route for certain grievances. The framework is administered at the state level, so the specific authority and rules depend on where the project is located.
Where to verify project details
Many states maintain a RERA portal where registered project details can be checked. Reviewing these details is a useful step when considering a purchase in a covered project.
This guide is general information and not legal advice. RERA rules and authorities vary by state.
This guide provides general information about the law in India and is not legal advice. For advice on your specific situation, please consult a qualified advocate.