I am in the real estate business, so let me explain in simple terms. RERA is a law made to protect homebuyers and bring more transparency to the real estate sector. It makes sure builders follow the rules, deliver on time, and use the buyer's money properly. This law came into effect in 2016. Now, many people ask: Is RERA applicable to housing society? Yes, it is. I will share more details on this so you can understand it better.
Is RERA Applicable to Redevelopment Projects by Housing Societies?
Let me explain how RERA is also applicable to housing societies.
If your housing society is going for redevelopment, then RERA rules will apply to that project.
Many think that state co-operative society laws are enough, but that is not true. RERA is a central law, and it applies even if local rules say something else.
As per the RERA Act, even housing societies are considered "promoters" if they start redevelopment work.
So, societies must register their redevelopment projects under RERA and follow all the guidelines.
Some societies tried to argue in court, saying RERA doesn't apply to them, or it causes legal issues, but courts clearly said that RERA takes priority.
This is done to protect the interests of homebuyers and to bring fairness and transparency in redevelopment, too.
I hope you now have a clear idea.
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Is RERA Applicable to Housing Society?
Sakthidas45
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5 months
2025-06-29T19:59:33+00:00 2025-06-29T19:59:34+00:00Comment
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