One of the key provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA), is that real estate projects cannot be advertised unless they are registered with the competent authority.
The luxury real estate market in India has excelled in recent years, driven by the twin forces of the Real Estate (Regulation and Development) Act, 2016 (RERA) and the increasing inflow of Foreign ...
The authority has also directed banks to restrict issuance of cheque books and debit cards for the RERA collection bank account, where the entire payment by the buyers will be deposited.
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