An Act to establish the Real Estate Regulatory Authority for regulation and promotion of the real estate sector and to ensure sale of plot, apartment of building, as the case may be, or sale of real estate project, in an efficient and transparent manner and to protect the interest of consumers in the real estate sector and to establish an adjudicating mechanism for speedy dispute redressal and also to establish the Appellate Tribunal to hear appeals from the decisions, directions or orders of the Real Estate Regulatory Authority and the adjudicating officer and for matters connected therewith or incidental thereto. Source: Wikipedia Top Benefits of RERA in India On time projects delivery RERA registration number Builder Verifaction Transparency in advertisement and marketing Clarity on carpet area Booking amount cannot exceed 10% Brokers must be registered under RERA Reliable redressal mechanism Structural defects must be addressed Availability of land title ...