Understanding RERA Guidelines for Plot Purchase
3/9/2025What is RERA?
The Real Estate (Regulation and Development) Act, 2016 (RERA) is a landmark legislation that aims to protect the interests of home buyers and boost investments in the real estate sector.
Key RERA Guidelines for Plots
1. All projects with plots need RERA registration
2. Transparent pricing and timeline disclosure
3. Regular project updates
4. Grievance redressal mechanism
Benefits for Buyers
RERA ensures transparency, accountability, and timely delivery of projects, making plot purchases safer for buyers.