RERA Explained: A Buyer's Complete 2026 Guide

<p>The Real Estate (Regulation and Development) Act, 2016, popularly called <strong>RERA</strong>, was a turning point for the Indian real estate market. It mandates project registration, capped advances, escrow accounts and timelines that are legally enforceable.</p><h3>How to verify a RERA number</h3><ol><li>Visit the state RERA portal (e.g. maharera.maharashtra.gov.in).</li><li>Enter the registration number printed on the brochure.</li><li>Confirm builder name, project area, completion date and any complaints filed.</li></ol><h3>Buyer rights under RERA</h3><ul><li>Right to delay-interest if possession is delayed.</li><li>Right to refund with interest if project is abandoned.</li><li>Right to information on project plans, approvals and timelines.</li></ul><p>At Solace Ventures every listing displays a verifiable RERA number wherever applicable.</p>