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This web page provides the full text of the Indian law that regulates the real estate sector and protects the consumers' rights. It covers the registration, functions, duties, rights, penalties and adjudication of real estate projects, agents and allottees. What is RERA Act 2016 - Real Estate Regulation & Development, Goals and Impact The Real Estate Regulatory Authority (RERA) monitors the real estate sector in India. In 2016, the RERA Act was established to promote home buyers' interests and give a boost to this sector. Find out what is RERA Act 2016, its benefits, how to register and more. The landmark legislation Real Estate (Regulation and Development) Act , 2016 (RERA), marking the beginning of a new era in the Indian real estate sector and a step towards reforming the real estate sector in India, encouraging greater transparency, citizen centricity, accountability and financial discipline. About Real Estate (Regulation and Development) Act , 2016 [ RERA ] Real Estate (Regulation and Development) Act , 2016 [ RERA ] was enacted to ensure regulation and promotion of Real Estate Sector in an efficient, transparent, and accountable manner and to protect the interest of homebuyers. This transformative legislation seeks to address vital issues of fair transactions, timely delivery, and quality construction through speedy adjudication of disputes, thus empowering the homebuyers. Enactment ...
