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Buying a home? Does it really help to wait till May 1 for Rera?

First-time buyers stand to gain more, but investors have to be cautious

Tinesh Bhasin  |  Mumbai 

For some time, most experts have been saying that home buyers should wait for the Real Estate (Regulation and Development) or (Rera) Act to be implemented. For one, it is supposed to be bring more transparency and expected to impact prices as well.    But, if one goes by reports, states have actually diluted Rera and are unlikely to meet the deadline of May 1. No wonder, experts are beginning to push buyers to make purchases rather than wait for the implementation of this Act. “Most of the provisions of Rera deals with under-construction property. Those who have been ...

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First Published: Thu, April 20 2017. 09:24 IST
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