INSIGHTS

Introduction : The Real Estate Regulatory Authority is a statutory board which came into existence through the Real Estate (Regulation and Development) Act, 2016. The sole purpose for the formation of RERA was to regulate the Real Estate sector, maintain transparency in Real Estate transactions and investor protection by mandating accountability. It acts as a safeguard for the investors. RERA was formed mainly to protect homebuyers. While RERA is often associated with homebuy