Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Legal / in which year rera was launched
Q.

in which year rera was launched

view 678Views

3 Year

Comment

1 Answers

Send
-1 2021-04-29T23:44:37+00:00

RERA came into existence on May 1, 2016. The RERA bill was passed in Rajya Sabha on March 10, 2016 and it was cleared in Lok Sabha on March 15, 2016.

RERA or Real Estate Regulation and Development Act was brought into existence to regulate the real estate market and bring transparency and accountability into it. Nowadays, any RERA approved project holds high value and is considered to be legally constructed. RERA approved projects usually see good price appreciation and are believed to be good quality projects.

Know what is RERA here

Most Viewed Questions

Recently Published Questions

Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners