INSIGHTS

Introduction : The RERA Framework The Real Estate (Regulation and Development) Act, 2016 (RERA) makes a significant shift in the regulation of India's real estate sector. Before the act, homebuyers often have to face delayed possession, diversion of project funds, and misleading commitments by developers. To address these concerns, the Act introduced several safeguards which aimed to make the market more transparent and accountable. It standardised the measurement and disclos