Understanding RERA: A Game-Changer for Homebuyers

The Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, was introduced to bring transparency, accountability, and efficiency to India’s real estate sector. Before RERA, homebuyers had little legal protection and often suffered due to project delays, hidden charges, or incomplete handovers. With RERA, every real estate project must be registered, and developers must disclose details like timelines, approvals, and financials. This empowers homebuyers to make informed decisions and file complaints against unethical practices. RERA ensures builders are held accountable and penalized for delays or false commitments. It’s not just a law—it’s a protective framework that puts consumers first and reshapes trust in Indian real estate.