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.
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.
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