
From Blueprint to Belief: The Power of RERA
The dream of owning a home is one of the most cherished aspirations in every individual’s life. However, for many years, the real estate sector in India was clouded with challenges—delayed projects, lack of transparency, unfair practices, and a loss of trust between homebuyers and developers. It was in this backdrop that the Real Estate (Regulation and Development) Act, 2016 (RERA) emerged as a historic reform, transforming the way real estate operates in the country. The Need for RERA Before RERA, the sector was largely unregulated. Buyers often found themselves at the receiving end of false promises, hidden charges, and long delays in project delivery. Developers, too, faced credibility issues due to the absence of uniform standards and accountability. RERA was introduced to bridge this trust deficit by ensuring transparency,…