Business Today

IMPROVE RERA IMPLEMENTATION

The real estate sector got its most efficient cleansing agent in the form of the Real Estate (Regulation and Development) Act (RERA), 2016, on May 1, 2017. This was expected to be a major step towards decoding the unregulated sector, ensuring transparency and quality and redressing buyer grievances.

RERA was introduced to ensure that consumers’ interests are protected and that builders are

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