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supreme court on functioning of RERA

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.

📅 Published on: March 18, 2025

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