The Real Estate (Regulation and Development) Act, 2016. (RERA) — Bare Act, All Sections & Free PDF
रियल एस्टेट (विनियमन और विकास) अधिनियम, 2016
Take CourtBook Everywhere
Access your account on the go with our mobile app.
Overview
Enacted on March 25, 2016, the Real Estate Act legally regulates India's real estate sector. Its primary purpose is ensuring absolute transparency, protecting homebuyer interests, and promoting fair practices. Applicable nationwide, this crucial legislation established the Real Estate Regulatory Authority to strictly monitor builders, mandate project registrations, and efficiently resolve disputes, ensuring timely property deliveries to buyers across the nation.
2016 में लागू यह अधिनियम भारत के रियल एस्टेट क्षेत्र को विनियमित करता है। इसका उद्देश्य पारदर्शिता सुनिश्चित करना, घर खरीदारों के हितों की रक्षा करना और निष्पक्ष प्रथाओं को बढ़ावा देना है। यह रियल एस्टेट नियामक प्राधिकरण की स्थापना करता है। यह परियोजना पंजीकरण अनिवार्य करता है, विवादों का समाधान करता है और समय पर वितरण सुनिश्चित करता है।
What is RERA
The Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, is a landmark central legislation that regulates India's real estate sector. Officially enforced on May 1, 2016, with its core provisions becoming fully operational in 2017, this Act legally replaced the highly fragmented and largely ineffective state level real estate regulations that previously governed the industry.
Prior to RERA, homebuyers faced immense delays, arbitrary project changes, and severe financial risks due to the absence of a unified regulatory watchdog. The primary objectives of the 2016 Act are to establish the Real Estate Regulatory Authority for swift dispute resolution, mandate strict project registrations, and ensure absolute transparency in property transactions.
It legally compels developers to deposit seventy percent of project funds into an escrow account, preventing fund diversion. Ultimately, it effectively protects homebuyer interests, imposes strict penalties on defaulting builders, and promotes a highly professionalized, accountable real estate sector.
Sections (Showing 1 to 10 of 92)
Section 1 to Section 10 (10 Sections)
Short title, extent and commencement.
(1) This Act may be called the Real Estate (Regulation and Development) Act, 2016. (2) It extends to the whole of India except the State of Jammu and Kashmir * . (3) It shall come ...
Definitions.
In this Act, unless the context otherwise requires,--- (a) "adjudicating officer" means the adjudicating officer appointed under sub-section (1) of section 71; (b) "advertisement" ...
Prior registration of real estate project with Real Estate Regulatory Authority.
(1) No promoter shall advertise, market, book, sell or offer for sale, or invite persons to purchase in any manner any plot, apartment or building, as the case may be, in any real ...
Application for registration of real estate projects.
(1) Every promoter shall make an application to the Authority for registration of the real estate project in such form, manner, within such time and accompanied by such fee as may ...
Grant of registration.
(1) On receipt of the application under sub-section (1) of section 4, the Authority shall within a period of thirty days. (a) grant registration subject to the provisions of this A...
Extension of registration.
The registration granted under section 5 may be extended by the Authority on an application made by the promoter, due to force majeure, in such form and on payment of such fee as m...
Revocation of registration.
(1) The Authority may, on receipt of a complaint or suomotu in this behalf or on the recommendation of the competent authority, revoke the registration granted under section 5, aft...
Obligation of Authority consequent upon lapse of or on revocation of registration.
Upon lapse of the registration or on revocation of the registration under this Act, the Authority, may consult the appropriate Government to take such action as it may deem fit inc...
Registration of real estate agents.
(1) No real estate agent shall facilitate the sale or purchase of or act on behalf of any person to facilitate the sale or purchase of any plot, apartment or building, as the case ...
Functions of real estate agents.
Every real estate agent registered under section 9 shall— (a) not facilitate the sale or purchase of any plot, apartment or building, as the case may be, in a real estate project o...
Unlock Remaining 82 Sections
You are currently previewing 10 of 92 sections of RERA. Subscribe to Court Book to read every section, search by keywords, and download official Bare Act PDFs.
Disclaimer: This bare act is reproduced for general informational and reference purposes only and does not constitute legal advice. Always verify provisions against the latest official gazette and consult a qualified advocate before relying on any section.