Will RERA empower the Real Estate builders?

RERA (Real Estate Regulation Act) is going to be a revolutionary transformation for buyers, developers and the industry on the whole. With its implementation, the act will bring transparency for buyers and consolidation of the industry.

What is RERA?

The Real Estate (Regulation and Development) Act, 2016 (RERA) is an Act passed by the Indian Parliament which seeks to protect the interests of home buyers and boost investments in the real estate sector.

Impact of RERA on the Real Estate Industry and its Builders

RERA  will be a paradigm shift for buyers and builders alike. Let us take a look at how the Real Estate World will change with its implementation and what does it have in store for the “builders” of our dreams

-Transparency   -Consolidation of Industry  -Boost in Investor Confidence

 -Increase in Efficiency  -Fewer project launches  -Lower Equity Cost

Following are the Impacts of RERA