Answer ( 1 )

  1. RERA is Real Estate Regulation and Development Act which was passed in 2016. The act was brought into action to bring transparency and accountability into the real estate market. As per RERA, all the transactions between buyers and sellers of the property will be regulated to encourage fair transactions. 

    Objectives of RERA


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    RERA was established with a few key objectives to focus on. These objectives are:

    • To increased compliance and reduce frauds by the builders
    • To establish dispute resolution mechanisms for grievances
    • To reduce delays in handover.
    • To bring transparency and accountability towards consumers to protect their interests
    • To ensure smooth operations
    • To set up the the Appellate Tribunal to listen to appeals from the orders, decisions or directions of RERA

    Each state has a separate website for RERA registrations. Check out RERA registration websites below: 

    City  Online Rera Website
    Delhi https://www.rerafiling.com/rera-delhi.php
    Maharashtra https://maharerait.mahaonline.gov.in/
    Karnataka https://rera.karnataka.gov.in/
    Haryana https://haryanarera.gov.in/
    Uttar Pradesh https://www.up-rera.in/index
    Tamil Nadu  https://www.rera.tn.gov.in/  
    Telangana http://rera.telangana.gov.in/ 

    You can know more about RERA registration by visiting the following link.

    What is RERA Registration?

    I hope you now know what is RERA, and what are its objectives.

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