The law that reshaped India’s property market by demanding transparency, accountability, and on-time delivery from every builder.
Definition of RERA (Real Estate Regulatory Authority)
RERA, or the Real Estate (Regulation and Development) Act, was introduced in 2016 to bring structure and trust to India’s real estate sector.
It mandates that all residential and commercial projects above a certain size must be registered with the respective state RERA authority.
Builders must disclose project details such as land ownership, approvals, timelines, and financial status. Buyers can now access this information publicly before investing.
Why It Matters
RERA gives buyers a transparent window into the builder’s world:
- Protects buyers from fraud, false promises, and indefinite delays
- Ensures accountability by penalising non-compliant builders
- Builds trust through verified project data and progress tracking
- Enables grievance redressal through RERA tribunals in every state
Every RERA-registered project must keep buyer funds separate in an escrow account, ensuring money is used only for that project’s construction.
How It Works
Under RERA, developers must:
- Register their projects before advertising or selling units
- Upload documents such as approvals, plans, and NOCs on the RERA website
- Update progress and financial usage periodically
- Deliver within committed timelines or face penalties
Buyers can verify a project’s registration number online and file complaints directly if commitments are breached.
How BrickFi Uses This
Compliance as the foundation of trust. BrickFi lists only projects that are RERA-registered or verified for eligibility.
- The Brick360 Report includes RERA details, project number, and compliance history
- The Quality Audit cross-verifies registration validity and ongoing status
This ensures every property you explore meets the legal and ethical standards set by Indian real estate law.
Buyer Action
Essential checks before buying:
- Confirm the project’s RERA number and registration date
- Review the uploaded documents and timeline updates on the state RERA site
- Avoid investing in projects still “under application” or without registration
- Use RERA data to compare transparency and progress across multiple projects
Related Terms
Brick360 Report | Quality Audit | Occupancy Certificate (OC) | Verification
Key Takeaway
RERA made real estate transparent and accountable. Checking for RERA registration is no longer optional—it’s your first step toward a safe investment.
Where BrickFi Comes In
BrickFi integrates RERA verification into every listing. By combining compliance data with independent research, it ensures your investment starts on solid legal ground.
