RERA Clauses Explained
Understand important RERA clauses, builder obligations and buyer protections before purchasing property in India.
Table of Contents
What is RERA?
The Real Estate Regulatory Authority (RERA) was introduced to improve transparency and accountability in Indian real estate.
RERA helps protect buyers from project delays, misleading advertisements and unfair builder practices.
Important RERA Clauses
- Mandatory project registration
- Possession timeline disclosure
- Carpet area transparency
- Defect liability period
- Escrow account requirements
Buyer Rights Under RERA
Buyers have rights related to possession, refunds, project transparency and defect correction.
RERA also enables buyers to file complaints against builders in certain situations.
Builder Obligations
Builders must provide accurate project details, maintain escrow compliance and deliver projects according to promised timelines.
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Open Agreement AnalyzerFrequently Asked Questions
Is RERA applicable in all states?
RERA is implemented across India, though rules and authorities may vary by state.
Can buyers file complaints under RERA?
Yes. Buyers may file complaints for certain project delays and agreement violations.