RERA at 10: Key takeaways
The Real Estate (Regulation and Development) Act, 2016 was introduced to fix trust issues in Indian real estate delayed possession, fund diversion, incomplete projects, and litigation.
A decade on, it's regarded as one of the most significant structural reforms in the sector: mandatory project registration, 70% escrow requirements for buyer funds, standardized disclosures, and grievance redressal have reshaped how developers operate.
Organised developers have gained ground, institutional capital has grown, and homebuyers now have much better visibility into approvals, timelines, and execution.
Despite the gains, the law is still seen as unfinished business uneven implementation across states, slow adjudication, and a perceived pro-developer tilt remain persistent criticisms.
The article features industry voices, including your MD Anand Agarwal, who frames the shift toward organised, compliance-driven developers as one of the most visible outcomes of RERA governance and compliance have become key differentiators for winning buyer trust.
