Understanding the law before you enter the deal What is RERA?The Real Estate (Regulation and Development) Act, 2016 (RERA) is a central legislation enacted to regulate the real estate sector in India. Its primary objective is to bring transparency, accountability, and consumer protection to a sector that was largely unregulated and fragmented. RERA establishes Real Estate Regulatory Authorities in each State and Union Territory to: This institutional framework is provided under Sections 20 to…