#rera services

R.E.R.A: Real Estate Regulatory Authority is the full form of R.E.R.A. Implemented in the year 2017 on 1st May, for managing the real estate sector of Indian with a strict hand. It implemented across the country to save the investing environment for interested investors. The real estate industry of India is that the victim of malpractices, which hurt the investor’s health.

To Know Salient features & Key provisions of RERA, Click on Link Below.

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

Promoters are compulsorily required to update their project quarterly. They should ensure Real Estate (Regulation and Development) Act 2016.

The Maharashtra Real Estate Authority (MahaRERA) vide its Order No. 18/2021 dated 28th July 2021 has made QUARTERLY UPDATES for each project COMPULSORY.

The RERA in India comes through Real Estate (Regulation and Development) Act, 2016. Which is passed by the Indian Parliament. One of the important reason to bringing RERA are to protect the interests of home buyers and also boost investments in the real estate sector.