Has RERA, 2016 Effectively Protected Homebuyers Against Builder Malpractices, Or Has Weak Enforcement Diluted Its Impact?

Shruti Mungikar, Government Law College, Mumbai I. Introduction The urgent need to reform India's real estate industry, a major economic engine that had long required regulation, gave rise to the Real Estate (Regulation and Development) Act, 2016 (RERA). For far too long, the industry lacked a single set of rules that it could adhere to, which allowed for enduring problems like ongoing project delays, dishonest marketing, and general lack of accountability. After investing their entire life...