• Vishesh Patel
• Jigar patel
• Kishan sojitra
• Sachin pawar

: RERA (Real estate regulation act) this is an act of parliament of INDIA which was passed at march 2016 , it came into force from May 2016, remaining rules and law came into force from 1 May 2017. The objective of this act is to ensure sale of plot, apartment of building or sale of real estate project in an efficient manner and bring transpiration in transaction done between consumer and developer , prior to RERA there was no clarity on carpet area and there was a sort of monopoly of builders regarding loading, modes of payment, rates etc. There were many frauds taking place because of unclear picture of project, possession, sanction etc. Also, establishing adjudicating mechanism for fast dispute redressal and establishing appellate tribunal to hear appeals from the decisions, directions or orders of the Real Estate Regulatory Authority. RERA and the government main aim is to create more easy and fair transaction between the buyer and seller, especially to those who are not aware of provisions and laws of the Real Estate. RERA is the first regulator of real estate industry in INDIA. . RERA gives unified legal regime for the purchase in Real Estate. Government with the help of this act trying to standardise the same real estate practice across the country. This research paper will highlight the importance and the impact of RERA on builders and buyers through the standard common questionnaires.

RERA (Registration of Real Estate Project and Registration of Real Estate Agents), Promoters, Developers, Allottee, Builders, Real estate project, Buyers, Investors, Registration.

"IMPACT OF RERA ON BUILDER’S AND BUYER’S", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.134-138, April-2019, Available :http://www.jetir.org/papers/JETIR1904920.pdf

"IMPACT OF RERA ON BUILDER’S AND BUYER’S", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp134-138, April-2019, Available at : http://www.jetir.org/papers/JETIR1904920.pdf