What RERA means for real estate agents, under-construction projects2 min read 26 Apr 2017, 05:00 PM IST
Under the RERA Act, in order to render their services, all agents have to be registered with the authority and the developer
The deadline for establishing a real estate regulator is almost over. According to the Real Estate (Regulation and Development) Act, 2016, which was enacted on 1 May 2016, a regulator under the Act should come in to existence by 1 May 2017. The Ministry of Housing and Urban Poverty Alleviation (MUHPA) had notified 69 sections of the Act on 30 April last year and the remaining 32 sections of the Act were notified on 19 April this year.
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