Know All About RERA Act - Haryana RERA
Sandeep22 Apr, 2022Real Estate
Property Buy Karne Se Pahle Har Kisi Ke Mind Me Ek Baat Aati hai Ki RERA Kya Hai ? (What is RERA Act?) RERA stands for Real Estate Regulatory Authority came into force as per the Real Estate (Regulation and Development) Act, 2016 which aims to protect home buyers and also boosts the real estate investments. By Indian Parliament Rera Act 2016 bill was passed by Upper House (Rajya Sabha) on 10 March 2016. On May 1, 2016, the RERA Act went into effect. Only 52 of the 92 sections had been notified at the time. All of the remaining provisions were effective on May 1, 2017.
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