614 Views
The implementation as well as enforcement of RERA laws are the responsibility of individual RERA authorities in each state of India. In its capacity as a regulatory body, the RERA authority upholds legal compliance, settles disagreements, and imposes sanctions for non-compliance.
467 Views
The real estate sector is a critical component of the economy, acting aa catalyst in meeting the country's housing and infrastructure needs. Even though this sector has grown significantly in recent years, it remains largely unregulated, with no standardization and inadequate buyer protection. Though the Consumer Protection Act of 2019 provides a forum for real estate buyers to express their concerns. It needs to address all of the issues of confronting buyers and promoters in the sector. Lack of uniformity has hampered the industry's healthy and orderly growth. As a result, the need to regulate the sector has been highlighted in a variety of forums.
Chamber Number F-402, Karkardooma Court, Delhi
