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The Economic Times

Economy / The Economic Times

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Supreme Court rap puts spotlight on RERA's weak links

Experts highlight RERA's ineffectiveness due to a lack of intent from chiefs, poor state coordination, and underutilization of powers. Reforms are needed to protect homebuyers, as the cost of violating laws often outweighs the benefits for developers, leading to a credibility gap.

12 Mar 2026 11:49 pm