ABOUT THE REAL ESTATE ( REGULATION & DEVELOPMENT) ACT 2016

• Introduced in Rajya Sabha                                14th  Aug 2013

• Passed by Rajya Sabha                                  10th  March 2016

• Passed by Lok Sabha                                      15th  March 2016

• Assent of President                                          25th March 2016

• Publishing in Gazette                                      26th March 2016

• Certain sections notified                                        1^st May 2016

• All India Act    -   92 Sections

• Rules  by Central Govt or State Govt

• Each State will have a RERA authority  Regulations made by such Authority

• Appellate Tribunal to be established