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RERA: Revolutionizing India's Real Estate Sector
The Economic Survey 2023-24 reveals that real estate regulators in Indian states and Union Territories have resolved nearly 1.25 lakh consumer complaints. Enacted in 2016, RERA aims to enhance transparency, accountability, and financial discipline in the real estate sector. As of July 2024, over 1.30 lakh projects and 88,461 agents have been registered under RERA.
The Economic Survey 2023-24 reveals that real estate regulators in Indian states and Union Territories have resolved nearly 1.25 lakh consumer complaints. Enacted in 2016, RERA aims to enhance transparency, accountability, and financial discipline in the real estate sector. As of July 2024, over 1.30 lakh projects and 88,461 agents have been registered under RERA.
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