Rera Rules For Property Agents What Buyers Must Know
AP7AM
The Real Estate (Regulation and Development) Act, 2016 (RERA), introduced by the Central Government to bring greater transparency, accountability, and consumer protection to India's real estate sector, does not apply only to developers. The law also regulates
real estate agents, brokers, property dealers, and intermediaries involved in transactions linked to RERA-registered projects.Many property buyers and sellers remain unaware that any individual or entity facilitating the sale or purchase of a plot, apartment, or building in a RERA-registered project is required to comply with the provisions of the Act. Under Section 9 of RERA, a real estate agent cannot facilitate transactions in a registered project without obtaining registration from the concerned state RERA authority.Under the Act, a “real estate agent” includes