Real Estate (Regulation and Development) Act, 2016
The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. The Act establishes a Real Estate Regulatory Authority (RERA) in each state for regulation of the real estate sector and also acts as an adjudicating body for speedy dispute resolution.
Source: Wikipedia — Real Estate (Regulation and Development) Act, 2016 (CC BY-SA 4.0)