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The Real Estate (Regulation and Development) Act

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RERA FAQs: 25 questions every homebuyer should know the answers to

Enacted by Parliament in 2016, the Real Estate (Regulation and Development) Act, or RERA, was introduced to bring greater transparency, accountability and efficiency to India's real estate sector while protecting the interests of homebuyers. Under the law, residential and commercial projects exceeding 500 square metres of land area or comprising more than eight apartments must be registered with the Real Estate Regulatory Authority (RERA) of the respective state before they can be marketed...

Times of India 5d ago

UP RERA says carpet area is what counts, not super built-up area; here's why it matters

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) on Wednesday cautioned homebuyers against relying on super built-up area figures while purchasing flats, saying carpet area which makes the actual usable space inside a residential unit, should be the basis for any buying decision. UP RERA said the Real Estate (Regulation and Development) Act, 2016, mandates carpet area as the “standard basis” for disclosure and sale of apartments. Developers are required to list the number, type...

Times of India 7h ago

How to verify if a housing project is RERA-registered — Why it's important

Planning to buy your dream home or looking to invest in a residential project? Before signing any papers or transferring your hard-earned money, there's one crucial check you shouldn't skip: checking if it is registered with RERA. Builders must register their projects under the Real Estate (Regulation and Development) Act (RERA) unless the project is built on less than 500 square metres of land or has fewer than eight apartments.

Times of India 9d ago

OC, CC, RERA and sale deed: Property documents every homebuyer should know

Purchasing a property is one of the biggest financial decisions most people will ever make, and it comes with a long list of documents that require careful scrutiny. Missing a key detail or signing without fully understanding the paperwork could lead to delayed possession, financial losses or even legal disputes later. Among the many documents involved in a property transaction, four stand out as particularly important: the Occupancy Certificate (OC), Completion Certificate (CC), RERA...

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