The Real Estate (Regulation and Development) Act, 2016 — commonly known as RERA — was a landmark legislation that transformed how real estate transactions work in India. Before RERA, homebuyers had very limited legal recourse against delays, misrepresentation, or quality issues. Today, RERA provides a robust framework that protects your investment at every stage.
Why Was RERA Introduced?
For decades, Indian real estate suffered from a lack of transparency. Builders could advertise projects without approvals, delay possession indefinitely, and divert funds to other projects. RERA was introduced to bring accountability, transparency, and efficiency to the real estate sector.
- Mandatory registration of all commercial and residential projects with plot sizes above 500 sq.m. or more than 8 apartments
- Developers must deposit 70% of project funds in a separate escrow account
- No changes to project plans without two-thirds consent of allottees
- Standardized carpet area definition across all states
- Strict penalties for non-compliance — up to 10% of project cost
How to Verify a Project's RERA Registration
Every RERA-registered project receives a unique registration number. You can verify this on your state's RERA website. For example, UP RERA projects can be verified on up-rera.in, Maharashtra projects on maharera.mahaonline.gov.in, and so on.
At Royal Buildcon, every project prominently displays its RERA registration number on the project detail page. You can view and zoom into the official RERA certificate directly from our website.
Key Rights RERA Gives You as a Homebuyer
- Right to information — access project plans, layout, and government approvals
- Right to timely possession — builders are penalized for delays
- Right to structural quality — 5-year defect liability from the date of possession
- Right to fair carpet area calculation — no more ambiguous super built-up area pricing
- Right to file complaints — through the RERA authority or appellate tribunal
Frequently Asked Questions
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