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 […]
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 […]
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 […]
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 […]
The real estate sector in India is among one of the top contributors towards the GDP(Gross Domestic Product) along with employment generation. Surprisingly, however, despite being a huge contributor towards the GDP, real state sector had gone unregulated for a long period […]
