The short answer
RERA regulates real-estate projects and agents, requiring registration and disclosures for projects above the threshold set by each state.
The Real Estate (Regulation and Development) Act requires developers to register qualifying projects with the state authority and to disclose layout, approvals, timelines and escrow arrangements. Agents must also register.
For buyers, a RERA registration number is a checkable signal; for developers, it shapes how the project must be planned, funded and marketed. State rules set the thresholds and the specifics.
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RERAcompliance