Buying a home? Know your rights and responsibilities under RERA
The Real Estate Regulation and Development Act empowers homebuyers by clearly outlining their rights. It grants them access to important project details and remedies for delays, including rights to possession, refunds, and compensation when promoters fall short. However, buyers must adhere to their financial and legal commitments outlined in official agreements. This legislation fosters transparency and clearly delineates the responsibilities involved in property transactions.