For too long, the real estate sector has been plagued by a lack of transparency. Unscrupulous brokers and real estate developers have seized this opportunity to make a profit at the expense of home buyers.
The Real Estate Regulatory Law or RERA, as it is popularly known, was introduced to address this problem and make the real estate market more transparent. The introduction of RERA has affected the market throughout the country. But what was its impact on real estate projects in Mumbai? Read on to find out.
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