Legal

RERA

What is RERA and What are the benefits?

RERA stands for Real Estate Regulatory Authority established as per Real Estate (Regulation and Development) Act, in 2016 to protect home buyers and to boost real estate investments. The RERA act was effective on and from May 1st 2016 where the bill was passed by Rajya Sabha on March 10th and then by Lok Sabha on March 15th in the same year. On October 31st the govt through HUPA (Housing & Urban...

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