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advertisement

RERA Realty: How the new law impacts your life

New Delhi,UPDATED: May 6, 2017 17:49 IST

The consumer-friendly Real Estate Regulatory Act (RERA) 2016, which was announced by the government last year, became effective on May 1.

 

The Real Estate (Regulation and Development) Act is expected to bring transparency and accountability in the realty sector and ensure consumers aren't cheated or taken for a ride by the developers.

 

The act will also ensure that consumers won't have to endure late deliveries.

 

Many states are yet to set up their own real estate regulatory authorities and appellate tribunals to address buyers' grievances, as mandated. Only 13 out of the 32 states and Union territories have established their own real estate regulators so far.

 

In this special programme, India Today helps you understand how RERA impacts your life.

Read more!
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