RERA stands for Real Estate Regulatory Authority, which was introduced in 2016 to protect the interests of home buyers and to enhance transparency in transactions in the real estate sector. RERA approval means that the project is legal and authentic, and the builder has followed the guidelines set by RERA to register their project. The main purpose of implementing RERA is to create a more equitable and fair transaction between the seller and the buyer of properties, especially in the primary market.

RERA approval is important because it provides several benefits to home buyers, such as standardized carpet area, timely delivery of projects, and protection against fraud and malpractice by builders. RERA certificates are legal documents that prove that a property, project, or agent has been registered with a state-level RERA authority. Developers and builders must adhere to the regulations set by RERA, and buyers have the right to protect their rights and file a complaint to the RERA Authority in case of any wrongdoing by the builder/developer.

To check the details of the approvals, buyers can visit the RERA website and find all the required documents there. It is advisable to opt for only RERA-approved projects to avoid any chaos and conflicts in the future.