Kamal Ghorui
RERA establishes regulatory authorities and appellate tribunals to resolve disputes between buyers, developers and agents within defined timelines. This system enables quicker resolution compared to traditional court processes and strengthens consumer protection. Efficient complaint handling not only safeguards buyer rights but also promotes transparency by holding developers accountable for violations, delays or quality issues.
Although RERA provides a nationwide regulatory framework, its execution varies across different states because each state has its own regulatory authority, rules, and administrative efficiency. As a result, the speed of dispute resolution, level of compliance, and transparency in project disclosures may differ from one region to another. Understanding these regional variations helps buyers make more informed decisions and set realistic expectations regarding timelines and legal remedies.
RERA has brought a huge change in the real estate market of India by implementing the concepts of registration, financial discipline, transparency, fair pricing, delivery of property and dispute resolution. RERA has been working on increasing accountability and providing access to accurate information, thus helping to create a transparent environment in property transactions making real estate investment a safer and more organised process for buyers.
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