Finally, after 10 years of long wait, RERA has finally swung into action. The government implemented RERA Act from May 1st onwards, whose main objective is to look into the grievances of the consumers. When it comes to the real estate sector it is a known fact that customers have faced a number of issues when it comes to delivery of the under-construction properties, execution of the said plans and the legitimacy of the property.
What RERA does is that it promotes accountability, transparency, and efficiency in the sector. There are various issues which have been faced by the customers, RERA will ensure that customers are treated fairly.