With the prevailing discrepancies and issues in India’s real estate sector, a concrete step was taken by the government in 2016. The parliament passed the RERA (Real Estate) Regulation & Development Act. Under the act, each state got a Real Estate Regulatory Authority (RERA) to regulate the sector and provide effective solutions. India is sure to have a rationalized real estate sector with a smooth workflow if RERA is implemented accurately.
How RERA Is Changing The Landscape Of Residential Real Estate?
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