Real Estate (Regulation and Development) Act, 2016

This authoritative edition of the Real Estate (Regulation & Development) Act, 2016 (RERA) consolidates the statutory text, Rules, and practitioner-facing annotations designed to simplify compliance and dispute resolution under RERA. The book covers mandatory project registration (who must register, exemptions and documentation), promoter obligations for public disclosure and progress reporting, the escrow/segregated-fund requirement (depositing a prescribed portion of amounts received — widely implemented as the 70% rule — into a separate project account and strict withdrawal safeguards), the role and powers of State/UT Real Estate Regulatory Authorities, adjudicating officers, appellate tribunals and civil remedies. It explains penalties (including percentage-of-project-cost penalties and criminal sanctions for repeat/default breaches), gives step-by-step filing checklists, specimen registration forms, model public disclosures and a quick reference of state RERA portals and local practices. Editor notes highlight recent policy updates and important state circulars (e.g., escrow operational orders), while cross-references to allied statutes and case law help apply RERA to real disputes. Practical, indexed and updated with official citations, this volume is a time-saving compliance companion for promoters, legal counsel, regulators and homebuyers seeking clarity in the complex RERA regime.