How RERA Protects Real Estate Buyers in Maharashtra

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.

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