Introduction: Introduce RERA and its objectives.
1. Mandatory Registration: All projects must be registered, ensuring legitimacy.
2. Transparency: Builders must disclose project details, timelines, and approvals.
3. Buyer Protection: Provisions for refunds and compensation in case of delays or discrepancies.
4. Grievance Redressal: Establishment of authorities to address buyer complaints.
5. Accountability: Penalties for builders violating norms.
Conclusion: RERA empowers buyers, making real estate transactions more secure.