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Personal Finance News

The Economic Times

Personal Finance / The Economic Times

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RERA should be abolished if it helps only builders, says Supreme Court

The Supreme Court strongly criticized the Real Estate Regulatory Authority, RERA. Judges suggested abolishing the institution, stating it only helps defaulting builders. The court allowed Himachal Pradesh to shift its RERA office to Dharamshala. This decision is subject to a pending High Court case. The court noted people are disappointed with RERA's performance.

12 Feb 2026 6:50 pm