Why RERA is important
RERA was initiated to increase the level of trust of consumers when dealing with the real-estate sector and indeed has added some form of accountability and transparency to the industry as it helped to weed out fraud builders and practices and assisted in promoting professionalism within the sector as well.
To sum up redeploying RERA in India has rendered the real estate industry as more organized, efficient, reliable and less pushed around as it has shifted the real estate sector more with buyers than sellers. With its provisions being adopted and practiced by more states, there are expectations of better experiences for home buyers in the property market.