The Real Estate (Regulation and Development) Act, 2016 (RERA) has transformed the real estate sector by ensuring transparency, financial discipline, and timely project delivery.

Key Takeaways:
a. Mandatory project registration for better buyer protection
b. 70% of funds secured in escrow accounts to prevent misuse
c. Compensation for delays and fast-track dispute resolution
d. Judicial backing ensuring compliance and consumer rights

RERA is not just a law; it’s a game-changer for homebuyers and developers alike!