The Real Estate (Regulation and Development) Act established a framework requiring developers to register eligible projects with a state regulatory authority, disclosing details such as project layout, approvals, and the promised possession timeline.
For buyers, a project's RERA registration number allows verification of these disclosed details through the relevant state RERA authority's official records, offering a layer of transparency beyond marketing materials.
RERA registration requirements and specific provisions can vary by state, and not all transactions or property types fall within its scope, so buyers should verify the specific applicability to their transaction rather than assuming uniform coverage.
