Indian Journal for Research in Law and Management

The Indian Journal for Research in Law and Management

Advancing Law and Management

ISSN No. : 2583-9896

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The Indian Journal for Research in Law and Management

ISSN No. : 2583-9896

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The Real Estate (Regulation and Development) Act, 2016: Transforming Transparency and Accountability in Indian Real Estate

Authors
Muskan Kapoor
Vikramjit Singh Sanatan Dharma College of Law, Kanpur University
Published August 18, 2025
Volume Volume II
Issue Issue 8
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Muskan Kapoor (2025). The Real Estate (Regulation and Development) Act, 2016: Transforming Transparency and Accountability in Indian Real Estate. The Indian Journal for Research in Law and Management, Volume II(Issue 8). Retrieved from https://ijrlm.com/journal/the-real-estate-regulation-and-development-act-2016-transforming-transparency-and-accountability-in-indian-real-estate-2/

Abstract

The Real Estate (Regulation and Development) Act, 2016[ Real Estate (Regulation and Development) Act, 2016] (RERA) represents a major legislative intervention in India’s real estate sector to enhance transparency, accountability and consumer protection. At present the real estate sector has long followed a tradition of delays in project completion, consumer recourse, disclosures, regulatory capture, and uneven bargaining power between the buyer and seller. Thus the enactment of legislation such as RERA has been imperative in transforming the real estate sector to create a fairer marketplace. In this article, we make sense of the development, objectives, key provisions, and recent impacts of RERA in engendering a fair and efficient real estate marketplace. We also consider the implementation challenges RERA has dealt with and the way forward for future iterations of ongoing regulatory reform.

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The Indian Journal for Research in Law and Management
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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJRLM or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJRLM.

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