Real Estate Regulatory Authority

RERA is an abbreviation for the Regulatory Authority for Real Estate. The intention of designing the RERA Act was solely to bring transparency to the real estate sector. The RERA Act was introduced to abolish problems within the real estate sector.The Act creates the Real Estate Regulatory Authority (RERA) in each State for the regulation of the real estate sector and also serves as an adjudicator for the speedy settlement of disputes.

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