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GENERAL

RERA

Real Estate Regulatory Authority

Real estate regulator under the RERA Act 2016.

What is RERA?

RERA mandates project registration for residential / commercial projects above 500 sqm or 8 units. Agents must register too. State-level portals issue registration. Failure attracts up to 10% project cost penalty.

Who needs RERA?

Real estate developers + agents.