The Real Estate (Regulation and Development) Act, commonly known as RERA, was enacted in 2016 to bring about significant reforms in the Indian real estate sector. This landmark legislation aims to protect homebuyers, promote transparency, and ensure fair practices in the real estate industry. Understanding the importance of the RERA Act is crucial for anyone involved in buying, selling, or developing real estate in India.

The Real Estate (Regulation and Development) Act, commonly known as RERA, was enacted in 2016 to bring about significant reforms in the Indian real estate sector. This landmark legislation aims to protect homebuyers, promote transparency, and ensure fair practices in the real estate industry. Understanding the importance of the RERA Act is crucial for anyone involved in buying, selling, or developing real estate in India.