Planning to buy a home ? One must know about RERA Act

Introduction of RERA Act, 2016

Real Estate Regulatory Authority  Act, 2016  is an act by the parliament of India. Also, the act was introduced to safeguard home-buyers and moreover, it assist in amplifying the investments in the real estate industry. The act was introduced by the Rajya Sabha and Lok Sabha. The act was commenced on 1st […]

By |2021-06-30T05:43:51+00:00April 3rd, 2019|RERA|

How RERA benefits the home-buyers? RERA seeks to protect the interests of home buyers and enhance transparency in the real estate sector. Here we examine how the journey has been so far, along with the provisions and penalties prescribed under the act

Since long, the real estate transactions were lopsided and, invariably, in favor of the developers. The Indian Government intended to bring a more equitable and fair transaction between the seller and the buyer, in the property market. The Real Estate Regulation and Development (RERA) Act, 2016 has been implemented by the Indian Parliament to safeguard the interests […]

By |2019-03-29T13:30:01+00:00March 18th, 2019|RERA|

How MahaRERA works to make the real estate sector more transparent and accountable? With its last revisions, MahaRERA has tried to ensure least hassle to the home-buyer as well as informers. By making the system of filing complaints on-line & convenient. So what are the revisions?

RERA ( Real Estate Regulation Act) 2016, was introduced, to make a very beneficial and laudable Impact on home buyers. Maharashtra was one of the few states which introduced RERA immediately after the Act was implemented, by May 1, 2017. MahaRERA has its headquarters in Mumbai. It is also the responsible authority for the […]

By |2020-03-16T10:38:08+00:00March 15th, 2019|RERA|

RERA impact on Real Estate in India

Overview

RERA means Real Estates regulations act, 2016 which is passed by the Indian government. Although it was passed on 10th March 2016 by Rajya Sabha followed by the Lok Sabha on 15 March 2016. But it came into existence on 1 may 2016. There were some sections that have delayed and come into force from 1 […]

By |2021-07-02T12:51:02+00:00August 25th, 2018|RERA|

Analysis of RERA Real Estate(Regulation and Development) Act, 2016

Introduction to RERA

The Real Estate (Regulation and Development) Act or RERA is a comprehensive act enabled by the government in a pursuit to regulate the real estate sector which had been unregulated for a long time. The act came into implementation on May 1, 2016, with notification of 69 out of 90 […]

By |2018-10-24T12:40:39+00:00August 21st, 2018|RERA|

RERA- Impact on home buyers

INTRODUCTION

RERA (Real Estate Regulation and Development Act) 2016 brings a legitimatization in the real estate sector by introducing some amazing reforms and transparency and timely accountability. The Act enhances the mechanism and takes care of the grievances. It promotes the effectiveness of the Real Estate Transactions and protects the consumers. The […]

By |2021-07-02T12:47:54+00:00August 20th, 2018|RERA|
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