RERA Act: How Effective Has it Been to Offer Consumer Protection to Home Buyers?

Land of a Billion

It’s been nearly 6 years since the launch of RERA (Real Estate Regulation & Development Act) scheme which seeks to offer consumer protection to home-buyers as well as help boost investments in the real estate industry. Has the act been effective to solve problems of fraudulent housing and promise safe buy of property without worry?
Join us as we speak with Neetu Vasanta and Shilpa Kumar to discuss the scheme’s implementation in different states across the country and also talk about the implementational challenges. We also discuss the challenges that the industry faces along with consumers while buying property under the act.
Host: Bhargavi Zaveri, a researcher interested in land and access to finance, Land of a Billion is a fortnightly podcast series produced in association with the Property Rights Research Consortium.
Guests:
Neetu Vasanta is the Managing Director and Partner in BCG's New Delhi office, and leads the topic of the real estate sector for BCG in India. She is a core member of BCG's Industrial Goods Practice Area.
Shilpa Kumar is a Partner at Omidyar Network India, a social impact investment fund Shilpa provides overall leadership, including strategy and investments, across the areas of Digital Society, Urban Governance, Access to Justice and Property Rights initiatives. She also leads policy work in Financial Inclusion and in development of the Non Profit sector strategy.
Music: Big Bang Fuzz
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