Buying a Home? Know Your Rights and Responsibilities Under RERA The Real Estate (Regulation and Development) Act of 2016 was touted as a game changer when it came into effect five years ago.
Its promise to protect homebuyers from exploitation by unscrupulous developers was music to the ears of millions who had fallen prey to dubious schemes in India's booming real estate market.
RERA empowers homebuyers with clear rights and duties, as outlined in Section 19 of the Act.