Please assign a menu to the primary menu location under MENU

Wednesday, July 22, 2026
Cash Insight
  • Currencies
    • Investing in Currencies
  • Stock Market
  • UK Property
  • USA Property
  • Upcoming Investments
HomeUpcoming InvestmentsRERA at 10: What a decade of reform means for homebuyers and property investors
Upcoming Investments

RERA at 10: What a decade of reform means for homebuyers and property investors

3 months ago


Ten years after the Real Estate (Regulation and Development) Act, 2016 (RERA) was passed, India’s real estate market has undergone a shift, with stronger financial safeguards, greater transparency, and improved accountability reshaping how homebuyers approach property purchases.

The law, which came into force in 2017 after being passed by the Rajya Sabha in 2016, addresses persistent concerns around project delays, fund diversion, and limited disclosure. A decade later, experts say it has materially improved buyer confidence and brought discipline to both developers and transactions.

Escrow discipline and accountability

A cornerstone of RERA is the requirement for developers to deposit 70% of funds collected from buyers into a designated escrow account, to be used only for that specific project. This provision has significantly reduced the risk of capital diversion and aligned fund usage with construction progress.

Shekhar G Patel, President of CREDAI, said the law has “altered the balance of power between the developer and the purchaser,” adding that escrow-based systems ensure financial discipline while making processes more accountable.

D Kishore Reddy, Chairman and Managing Director, Mana Projects, said RERA has made the sector “more transparent, accountable, and financially secure,” noting that ring-fencing of funds reduces the risk of project delays and enhances trust in under-construction properties.

Supporting this view, Sahil Agarwal, CEO of Nimbus Group, said routing funds through escrow accounts has “significantly curtailed” diversion, contributing to more predictable delivery cycles and improved financial discipline.

Improved safeguards for under-construction buyers

RERA has introduced multiple protections for buyers, particularly in under-construction projects—historically seen as high risk. These include caps on advance payments before signing agreements, standardised sale contracts, and provisions for refunds, interest, or compensation in case of delays.

The law also mandates a five-year defect liability period, strengthening post-possession accountability.

According to Robin Mangla, President of M3M India, these measures have “minimised the risk of fund diversion and project delays,” while enhancing overall credibility and dependability for homebuyers.

Deepak Sangwan, Chairman of Origen Realty, said the Act has “established higher standards of accountability, financial discipline, and transparency,” and played a key role in strengthening consumer confidence.

Transparency and data-led decision-making

Mandatory project registration and disclosure norms have transformed how buyers evaluate property investments. Developers are required to upload approvals, project timelines, layouts, and progress updates on state RERA portals, creating a verifiable data ecosystem.

D Kishore Reddy highlighted that buyers can now verify project registration, approvals, land titles, and developer track records before committing funds, enabling more informed decision-making.

Sahil Agarwal added that these disclosures have improved “information symmetry for buyers,” with many increasingly relying on publicly available filings to assess execution risks and developer credibility.

From opacity to a more credible asset class

Industry experts say the changes are most visible when compared with conditions a decade ago, when delays, unclear timelines, and weak grievance redressal mechanisms were widespread.

Ram Raheja, Managing Director of S Raheja, said RERA has brought “structure, financial discipline, and transparency,” leading to stronger buyer confidence and a shift towards more organised, credible players.

Nikhil Madan, Managing Director of Mahima Group, noted that improved visibility around approvals and construction progress has helped buyers make better decisions, while the escrow framework has safeguarded funds and supported more realistic project timelines.

More regulated, but still evolving

While experts agree that RERA has structurally reduced risks and improved transparency, they also point to the need for further refinement, particularly in simplifying approval processes and improving execution efficiency.

Still, the broader shift is clear. Real estate, once perceived as opaque and unpredictable, is seen as a more regulated, trackable, and professionally managed asset class.

As Shekhar G Patel noted, while due diligence remains important, the ecosystem today is “far more structured, predictable, and aligned with a more mature, compliance-driven future.”



Source link

Tags :buyer confidence real estateescrow account rulesIndian real estate marketReal Estate Regulation Actreal estate transparency IndiaRERA impact on homebuyersRERA in Indiaunder-construction property safeguards
add a comment

Leave a Response Cancel reply

D.PatrickMay 2, 2026May 2, 2026
Dow Jones: US 30 Rallies as Apple Lifts Stock Market and Indices Outlook
Why Option Care Health (OPCH) Stock Is Falling Today

You Might Also Like

Upcoming Investments

Trump’s push for American-made AI chips hits TSMC’s margins

5 hours ago
Pressure from President Donald Trump to manufacture advanced semiconductors in the U.S. is increasing costs and squeezing margins at TSMC,...
Upcoming Investments

Integra Investments Buys West Palm Marina For $72M – Commercial Observer

6 hours ago
The Huizenga family has sold a marina in West Palm Beach, Fla., to Integra Investments for $72.4 million, property records...
Upcoming Investments

Purpose Investments Becomes First Digital Asset ETF Manager in Canada to Operate a Three-Sub-Custodian Model, Adding Anchorage Digital Bank

9 hours ago
TORONTO, July 21, 2026 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose”), manager of various digital asset ETFs (the "Digital Asset...
Upcoming Investments

Rep. Bollin: New school budget delivers record classroom funding and major investments in student success

9 hours ago
Rep. Bollin: New school budget delivers record classroom funding and major investments in student success State Rep. Ann Bollin today...

latest updates

Stock Market

Different perspectives on global stock market concentration

43 minutes ago
UK Property

Student Luxe: Redefining high-end student living in London

1 hour ago
Currencies

Euro: Asset flows decouple from currency – BNY

3 hours ago
Stock Market

Stock market today: Nasdaq jumps 1.29 percent, Hang Seng falls and DAX gains as chip rebound meets oil risks

3 hours ago

find us on socials

  • Popular Updates
  • Recent

What Are Stablecoins and How Can I Invest in Them?

5 years ago

Nepal lifts decade-long ban on Indian currency after RBI reform

7 months ago

Shvo Partner Deutsche Finance America Appoints New Manager

11 months ago

Nigeria stock market jumps 61% in 2026 as banking shares rally

2 months ago

Different perspectives on global stock market concentration

43 minutes ago

Student Luxe: Redefining high-end student living in London

1 hour ago

Euro: Asset flows decouple from currency – BNY

3 hours ago

Stock market today: Nasdaq jumps 1.29 percent, Hang Seng falls and DAX gains as chip rebound meets oil risks

3 hours ago

popular updates

Rocket Companies: RKT Stock To $40?

11 months ago

India,UAE to start settling trade in local currencies soon – Economy News

10 months ago

The stunning UK seaside town known as ‘Devon’s Dubai’ | UK | News

10 months ago

latest updates

Different perspectives on global stock market concentration

43 minutes ago

Student Luxe: Redefining high-end student living in London

1 hour ago

Euro: Asset flows decouple from currency – BNY

3 hours ago

random updates

SARB fights to reclaim R16m in crypto over outdated forex laws

1 year ago

Dow, S&P 500, Nasdaq futures rise after Trump announces 25% tariffs on car imports

1 year ago

Wall Street slumps under the weight of jumping Treasury yields and US debt worries

1 year ago
  • Contact us
  • Terms and Conditions
  • Privacy Policy

Copyright © 2023 Cash Insight. All Rights Reserved.