India’s RERA Act has revolutionized real estate by mandating project registration, transparent disclosures, and escrow accounts to prevent fund diversion. Developers now face strict penalties for delays and violations, while buyers gain rights to refunds and interest. This landmark legislation ensures accountability, protecting millions of homebuyers from past uncertainties and malpractices. India’s RERA Act has revolutionized real estate by mandating project registration, transparent disclosures, and escrow accounts to prevent fund diversion. Developers now face strict penalties for delays and violations, while buyers gain rights to refunds and interest. This landmark legislation ensures accountability, protecting millions of homebuyers from past uncertainties and malpractices.
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RERA FAQs: 25 questions every homebuyer should know the answers to
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