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Compare Act / Section NEW Section - 1 Short title, extent and commencement Section - 2 Definitions Section - 3 Prior registration of real estate project with Real Estate Regulatory Authority Section - 4 Application for registration of real estate projects Section - 5 Grant of registration Section - 6 Extension of registration Section - 7 Summary: The Real Estate (Regulation and Development) Act , 2016 ( RERA ) was enacted to regulate and promote transparency in India’s real estate sector. It mandates the registration of real estate projects and agents at the state level, ensuring accountability and safeguarding consumer interests ... Full text containing the act , Real Estate (Regulation and Development) Act , 2016, with all the sections, schedules, short title, enactment date, and footnotes. The landmark legislation Real Estate (Regulation and Development) Act , 2016 (RERA), marking the beginning of a new era in the Indian real estate sector and a step towards reforming the real estate sector in India, encouraging greater transparency, citizen centricity, accountability and financial discipline.