Functioning of RERA ‘disappointing’, observes Supreme Court.
The Supreme Court on Tuesday (March 4, 2025) remarked that the functioning of Real Estate Regulatory Authority (RERA) established under a Central law to protect the investments of homebuyers as well as promote the real estate sector have been “disappointing”.
The oral observation from a Bench headed by Justice Surya Kant was triggered by a submission from senior advocate K. Parameshwar about the “domino effect” seen in the real estate sector.
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adminrera
March 19, 2025good news
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