Emerging Of Real Estate Sector with the Introduction of RERA, 2016



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Before the RERA Act of 2016, India's real estate sector struggled with a lack of transparency, financial discipline, and consumer protection. The introduction of RERA has since significantly improved these areas, fostering greater trust among buyers and developers. While challenges remain, RERA has enhanced consumer awareness, increased transparency through online portals, improved builder accountability, and provided a platform for grievance redressal.

Before introducing the Real Estate (Regulation and Development) Act (RERA), the real estate sector faced several challenges, such as lack of transparency, financial discipline, skewed transactions favouring the developers, and limited grievance redressal forums for consumers. The above challenges ha
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About the Author

Taxblock is One stop solution to ITR, GST, U.S Tax, NRI, EXPAT, TDS, Tax Planning and many more for Individual & Business

Taxblock India Private Limited, founded in 2019, is a fintech startup located in Pune, Maharashtra. We are enrolled as an E-Return Intermediary with Income Tax Department have established an In-House team of Technology Tax Experts to build a Financial Compliance Ecosystem for Individual Corporates. Our clients cho ... Read more

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