RERA FAQs: 25 questions every homebuyer should know the answers to
The Real Estate (Regulation and Development) Act (RERA) was enacted in India to increase transparency and protect homebuyers from project delays and fund mismanagement. The act mandates project registration and requires developers to keep 70% of funds in a separate account for construction costs.
Why it matters
RERA is a foundational law for the Indian real estate market, significantly impacting how developers operate and how consumer rights are protected.
RERA FAQs: 25 questions every homebuyer should know the answers to | - The Times of India
The article provides a factual overview of government legislation and its intended purpose.
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