Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 13 NOVEMBER 2017

Real Estate Regulatory And Development Act: Crying Out Sellers Beware!

PSA
Explore more from PSA

The Real Estate (Regulation and Development) Act ("RERA") came into effect on May 1, 2016 with the aim of curbing unethical practices of developers and intermediaries in the real estate market.

IndiaReal Estate and Construction
Bhavani Navaneedhan
Bhavani Navaneedhan
Author LinkedIn connections

Introduction

The Real Estate (Regulation and Development) Act ("RERA") came into effect on May 1, 2016 with the aim of curbing unethical practices of developers and intermediaries in the real estate market. Real–estate sector has been unorganized and clogged with the unscrupulous practices adopted by promoters and intermediaries against buyers. Until now, there was no codified law regulating the practices of promoters and real estate agents. Buyers had to approach the consumer and civil courts for grievance redressal and as a result, were trapped in lengthy legal battles to get possession of their homes. RERA seeks to screen through the activities of the promoters and middlemen, impose strict accountability standards and provide speedy justice to buyers.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Litigation Update | Supreme Court Upholds Occupants' Rights In Redevelopment Projects, Reinstates Mhada Orders For Permanent Alternate Accommodation

The Supreme Court of India has delivered a landmark ruling in a redevelopment dispute, firmly establishing that Permanent Alternate Accommodation Agreements executed under the Maharashtra Housing and Area Development Act are statutory instruments, not mere private contracts. This decision addresses critical questions about developer obligations, occupant rights, and regulatory authority when redevelopment projects fail to honor commitments made to original tenants.
IndiaReal Estate and Construction
Mansukhlal Hiralal & Company
Mansukhlal Hiralal & Company
Article

Resetting The Clock – Insolvency And Bankruptcy Code (Amendment) Act, 2026

The Insolvency and Bankruptcy Code (Amendment) Act, 2026 (“Amendment Act”) received Presidential assent on April 6, 2026, marking the most significant reform to India’s insolvency framework since the original enactment of Insolvency and Bankruptcy Code’s (“IBC”) in 2016 (and has yet to become law). Over the last decade, the IBC has transformed India’s insolvency landscape by improving creditor recoveries, shifting control from defaulting promoters to creditors and creating a modern regulatory framework where none existed before.
IndiaInsolvency/Bankruptcy/Re-Structuring
PSA
PSA
Article

Retention Clauses Under Scrutiny: Enforcing Service Bonds In India

Indian courts are increasingly treating service bonds as legitimate commercial tools rather than automatic restraints on employment. When an employee leaves prematurely after receiving training or specialized benefits, can employers enforce bonds requiring compensation? This analysis examines the evolving judicial framework that determines when service bonds are valid, what evidence employers must provide, and how courts calculate recoverable damages when bonds are breached.
IndiaEmployment and HR
PSA
PSA
Article

Confidentiality: Enforceability Of Post-Employment Obligations

Indian courts have consistently upheld confidentiality obligations while striking down post-employment non-compete clauses, but the enforceability of these protections depends on precise contractual drafting and demonstrable evidence of misuse. This analysis examines landmark cases that define the boundaries between protectable trade secrets and an employee's general skills, revealing what businesses must establish to secure legal protection when confidential information is compromised.
IndiaEmployment and HR
PSA
PSA
Article

Intermediaries: A New Playbook Beyond Passive Compliance

Intermediary liability in India is governed by section 79 of the Information Technology Act (“IT Act”).This section provides safe harbour protection to intermediaries for third-party information, subject to compliance with due diligence obligations under the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (“IT Intermediary Rules”), particularly Part II, which governs intermediary conduct. On March 30, 2026, the Ministry of Electronics and Information Technology (“MeitY”) released draft amendments for public consultation.
IndiaMedia, Telecoms, IT, Entertainment
PSA
PSA