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First Regional Workshop on RERA
September 12 , 2018
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- Housing and Urban Affairs Minister (Independent Charge) inaugurated the first regional workshop on RERA (Real Estate (Regulation and Development) Act) in Pune.
- Real Estate Regulatory Authority (RERA) was launched in 2016 is aimed at consumer protection, by creating an online system for information sharing in the real estate sector.
- It allows states to set up the Regulatory Authority and the Appellate.
- Maharashtra is one of the first states to implement the provision of RERA.
- It has also established the Real Estate Regulatory Authority of Maharashtra, which is popularly known as MahaRERA.
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