Understanding RERA: What It Actually Means for Home Buyers
If you’re buying a home or investing in real estate in 2025, you must understand RERA (Real Estate Regulation and Development Act)- your legal shield against fraud, delays, and misinformation. Here’s everything you need to know about RERA: What is RERA? Introduced in 2016 by the Government of India Applies to residential & commercial projects above a certain size Aims to protect homebuyers and ensure builder accountability Enforced by state-specific RERA authorities Curious how top luxury projects align with these RERA mandates? Explore these 5 Gurgaon projects that are setting benchmarks in compliance and transparency. Why Was RERA Introduced? Before RERA: Builders delayed possession by years Layouts and tower plans often changed after booking Prices and taxes were unclear Buyers had no legal support What Projects Need RERA Registration? Projects with area > 500 sq. m. or more than 8 units Ongoing projects without Occupancy Certific...