Credibility: A developer’s registration with RERA enhances his credibility and lures in more buyers.
Market Efficiency: RERA brings about timely performance in the developers undertakings with a view to successful more ventures.
Legal Clarity: The developers are now provided with legal protection that is clear in what exactly needs to be done which brings risks of litigation.
For Real Estate Agents:
The real estate agents have to undergo RERA registration to be able to practice ethically, which elevates the profession, so that agents do not find themselves arguing with buyers or developers.