MeraRERA Portal for the Real Estate Industry RERA, also known as the Real Estate Regulatory Authority is a government boy which was established in 2016. The transparent government agency was setup under the Real Estate (Regulation and Development) Act. It aims to deal with the problems and issues of the people in the Real Estate Industry. We all know India is a very large country. It is one of the finest and the fastest growing economy in the world. Since, the development of any country is greatly dependent on the land dealings in the Real Estate Sector, there was a need of transparent government real estate agency.
This agency was RERA who was first of its kind and aimed to ensure that the buyers, land developers, agents are all connected by the fair practices of the real estate sector .It has been setup in many different
Cities like RERA Punjab, RERA Delhi etc. to help the people in these major cities by solving their problems. In the past few years, it has been seen that the fraudulent and illegal activities in the Real Estate Sector rose to a significant number. Problems like changes in contract, delay in possession, difference in facilities promised and provided was becoming more common. The large part of the population affected from these problems consisted of the middle class people. It was also observed that a large number of sellers were getting indulged in unethical practices to sell their land. Therefore, RERA for buyers was formed that helped them getting their rights back and also prevented them from getting cheated. Not only buyers, RERA also helped land developers from the issues of project approval corruption, differences in prices etc. RERA consultants didn’t only ensure the fair practices in the Real Estate Sector but it also guided the buyers, real estate agents and land developers in building a better tomorrow and a better nation. It laid the path to success and development by adhering the rules and regulations of the industry. Since, it was observed that not many people knew about RERA and its laws, an online portal meraRERA was launched in the interest of the general public for creating awareness of RERA. On this platform, people are allowed to access any kind of information, the rules and regulations etc. related to the industry. Latest news and updates can be found on the same portal. It is the all in one solution for buyer, builder and agents combined. The available information includes all the rules that are meant to be followed by the promoters, buyers and Real Estate Agents along with their duties that are mentioned in the bill. People can even use the portal to find out about the activities of RERA and its transparency. Moreover, one can even participate in public forums and discussions to gain more information on the fair use of practices. RERA, also known as the Real Estate Regulatory Authority is a government organization which seeks to solve problem in the Real Estate Sector and ensure the fair use of practices. meraRERA is an online information portal that was launched to create awareness of RERA to the buyers, land developers and real estate agents in order to minimize the unethical practices.