Will RERA Be The Answer To Home Buyers' Woes In India?

The much awaited Real Estate (Regulation and Development) Act 2016 has become a reality as it came into force on 1st May’2017. After Demonetisation in November ’16, RERA is the next big milestone for Real estate sector in India. For years India’s real estate sector worked without much regulations and legal framework which exposed home buyers to considerable risk, particularly those who invested in under construction properties. Read on to find out if RERA is the panacea for all their problems

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