• PATIL SAMARTH SURESH
• Dr. TUSHAR BAGUL

The Real Estate Sector had become huge in terms of large number of transactions and its contribution to the overall GDP of the country. Lately, due to non-standardised and unregulated practices, the fragmented sector has been in the limelight for all the wrong reasons, further impacting its image. There was a dire need of a supervisory body to oversee the operations of the sector. The RERA Act has the impact of changing the entire landscape of the real estate sector and redefining the process of how real estate sales happen in the country. This has not only impacted the developers’ community, but all the stakeholders in the sector. Every stakeholder - right from the government, banker, and consumers - is unlearning the old ways of operating and getting aligned to the new systems which are RERAfied. Therefore a need arise to examine this regulatory framework. In this paper a thorough literary survey has been made by citing different sources which will be useful for understanding the developments in the topic.

RERA, GDP, STAKEHOLDER, LANDSCAPE

"ANALYTICAL STUDY OF RERA ACT 2016 AND ITS IMPACT ON HOME BUYER & PROMOTER ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.929-933, June-2019, Available :http://www.jetir.org/papers/JETIR1906915.pdf

"ANALYTICAL STUDY OF RERA ACT 2016 AND ITS IMPACT ON HOME BUYER & PROMOTER ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp929-933, June-2019, Available at : http://www.jetir.org/papers/JETIR1906915.pdf