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[email protected]The Real Estate Act's objectives are to support and oversee the real estate sector. Transactions between the buyer and the promoter are governed. This act covers initiatives for both commercial and industrial purposes. RERA stands for Real Estate Regulatory Authority. It has the power to resolve conflicts involving real estate. In India, each state has its own RERA check and real estate project regulations. This act seeks to safeguard the rights of purchasers. It supports real estate investors by guaranteeing developers' accountability and transparency. Fast-track dispute settlement was established as a result of the Act. Using adjudicating officers and the Appellate Tribunal to settle disputes is beneficial. It is required for all real estate developments to register with RERA. A real estate property cannot be sold if it is not registered with RERA. Projects that don't adhere to RERA regulations may be turned down. If valid complaints are received, RERA registration may be cancelled.
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