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RERA :
The Real Estate Regulation & Development Act (RERA) which came into effect on May 1,
2017, provides India’s real estate sector its very first regulator. It will bring clarity & establish
fair practices that would protect the interests of home buyers.
* To protect the interest of consumers and establish an adjudicating mechanism for speedy
dispute redressal in Real Estate sector
* To publish and maintain a website with records of registered real estate projects and
agents for public viewing.
* To establish Appellate Tribunal to hear appeals from the decisions, directions or orders of
the Real Estate Regulatory Authority
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