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The RERA in India comes through Real Estate (Regulation and Development) Act, 2016. Which is passed by the Indian Parliament. One of the important reason to bringing RERA are to protect the interests of home buyers and also boost investments in the real estate sector.
Under this act, the Government of Maharashtra established the Maharashtra Real Estate Regulatory Authority, which is also known as Maha RERA, for the promotion and regulation of real estate sector in the state
RERA registration in Maharashtra the promoter or agent has to follow below steps: Read to know steps
The RERA in India comes through Real Estate (Regulation and Development) Act, 2016. Which is passed by the Indian Parliament. One of the important reason to bringing RERA are to protect the interests of home buyers and also boost investments in the real estate sector.
The real-estate (Regulation & Development) Act,2016 intends to set that the real-estate Regulatory Authority which would govern and advertise the real estate industry. The chief goal of this Act is to promote transparency, accountability and efficiency in the real estate sector. So that the customers get timely delivery of Property.