What is RERA? RERA stands for the Real Estate Regulatory Authority. This was created to bring about transparency in the real estate sector. The RERA Act was brought in to eradicate problems within the sector. It aims to reduce project delays and mis-selling. At present, it is compulsory for all builders or real estate developers to carry out RERA registration before they start a project. A synopsis of what RERA implementation in Gujarat After the application of Real Estate (Regulation and Development) Act of 2016, major changes can be seen and felt in the sector of Real Estate. The property Buyers who had spent their hard-earned savings in buying the property were being harassed by the err atic developers , however after Real Estate (Regulation and Development) Act, 2016 came into action , the errant actions of the builders are put under strict vigilance. Under the Real Estate (Regulation and Development) Act, 2016,...