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RERA to roll out from today: No new housing project without registration

The Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016

IANS  |  New Delhi 

The long-awaited Real Estate (Regulation and Development) Act (RERA) will be implemented from May 1, with the government calling it the beginning of a "new era". The act specifies that all existing projects must be registered with the state's regulatory authority by July 2017, and that no new project can be launched without this registration. "With all the 92 sections of the act coming into effect from Monday, developers shall get all the ongoing projects that have not received a Completion Certificate and the new projects registered with Regulatory Authorities ...

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First Published: Mon, May 01 2017. 09:42 IST
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