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10 Years of RERA: Big Win For Buyers, But Small Gaps Remain
The article marks ten years since the Real Estate Regulation and Development Act (RERA) came into force, noting improvements in transparency, escrow-based funding, and accountability. It also highlights uneven implementation across states and higher compliance costs, which have challenged affordability and uniformity.
Why It Matters
RERA has changed market behavior and due diligence, boosting credibility and investor confidence, while underscoring the need for uniform rollout to preserve safeguards and support affordable housing.
Timeline
4 Events
Ten-year milestone of RERA and ongoing challenges
May 6, 2026
The article marks ten years since RERA came into force, noting ongoing challenges such as uneven implementation across states, higher compliance costs, and continued supply constraints in affordable housing. It emphasizes the shift toward a more structured, compliance-driven market and the need to balance uniform rollout with safeguarding principles.
Q1 2026 NCR launches 9,677 units; Gurugram leads
March 2026
In the first quarter of 2026, around 9,677 residential units were launched in NCR, up 26 per cent year-on-year. Gurugram accounted for 73 per cent of launches, driven largely by the Dwarka Expressway, with Greater Noida and Noida following. Infrastructure projects like NH-24 upgrades and the RRTS supported this momentum.
RERA improves transparency and market discipline; 2025 NCR price growth
2025
Government and industry sources credit RERA with improved transparency and reduced project delays. In the National Capital Region, residential prices grew about 24 per cent year-on-year in 2025, the highest among top cities, aided by clearer processes and accountability.
RERA Act comes into force and introduces key safeguards
2016
The Real Estate (Regulation and Development) Act, 2016 came into force, introducing escrow rules that require 70 per cent of buyer collections to be held in escrow for the project, along with mandatory registration, fixed carpet area norms, and the creation of dedicated authorities to handle complaints.