About Us
About Us
About RERA Plus – Your Trusted RERA Compliance Partner
At RERA Plus, we specialize in providing end-to-end RERA compliance solutions for real estate developers. Moreover, our team of experts, including Chartered Accountants, Architects, Advocates, and Engineers, works collaboratively to ensure smooth project registration, legal documentation, and regulatory compliance. Since the implementation of RERA in Maharashtra in 2017, we have successfully assisted over 620 developers in meeting their compliance requirements. As a result, our expertise has made the RERA process more accessible and manageable for our clients.
Furthermore, our mission is to simplify the RERA process, helping developers and buyers navigate regulations effortlessly. In addition, we strive to provide a structured approach that minimizes compliance challenges. Consequently, developers can focus on project execution while remaining fully compliant with RERA regulations.
Understanding RERA and Its Implementation
RERA, the Real Estate (Regulation & Development) Act, 2016, regulates the real estate industry to ensure transparency and accountability while protecting home buyers’ interests.
The government passed the Act in March 2016 and enforced it on May 1, 2016, with some sections notified immediately. It fully implemented the Act on May 1, 2017. The government aimed to restore trust in the real estate sector, which contributes 7% to India’s GDP. By 2025, this share may reach 13%, and the market could grow to $1 trillion by 2030.
Understanding RERA and Its Implementation
RERA, the Real Estate (Regulation & Development) Act, 2016, regulates the real estate industry to ensure transparency and accountability while protecting home buyers’ interests.
The government passed the Act in March 2016 and enforced it on May 1, 2016, with some sections notified immediately. It fully implemented the Act on May 1, 2017. The government aimed to restore trust in the real estate sector, which contributes 7% to India’s GDP. By 2025, this share may reach 13%, and the market could grow to $1 trillion by 2030.
RERA Status Across India:
Currently, all states and union territories, except Nagaland, have notified RERA rules. Among them, 30 states and UTs have set up Real Estate Regulatory Authorities—25 as permanent and 5 as interim. However, Jammu & Kashmir, Ladakh, Meghalaya, Sikkim, and West Bengal have yet to establish their regulatory bodies.
A Structured Approach to Compliance:
We simplify RERA compliance through a structured and timely approach. Since compliance demands constant monitoring, our experts actively assist developers in completing the registration and regulatory process. We also help buyers understand complex RERA regulations, ensuring complete transparency in real estate transactions
Ensuring Project Completion and Buyer Protection:
RERA enforces strict timelines to ensure timely project completion and protect buyers’ interests. Developers must adhere to these deadlines to deliver projects as promised. Moreover, RERA empowers buyers by guaranteeing property possession within the agreed timeframe.
Strengthening Industry Relationships:
Strong industry relationships drive sustainable growth. At RERA Plus, we promote accountability among all stakeholders to build long-term trust. Since buyers invest their life savings in real estate, we prioritize their protection. To achieve this, we conduct thorough legal verification of projects, enabling buyers to invest with complete confidence.