About RERA

The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

The Purpose of this Act is :

• To establish the Real Estate Regulatory Authority for regulation and promotion of the Real Estate sector.
• To protect the interest of consumers in the Real Estate Sector and to establish an adjudicating mechanism for speedy dispute redressal.
• To ensure transparency in projects.