About RERA and Real Estate Due Diligence

The Real Estate (Regulation and Development) Act, 2016 (‘RERA) stands as a pivotal advancement in regulating and fostering the real estate sector. It introduces accountability, transparency, and organization, replacing outdated approaches and biased legislations. Notably, the requirement to deposit customer collections into a separate RERA account, limitations on fund usage for a specific project, and holding promoters accountable have inspired confidence in homebuyers.

However, this progress comes with added compliance responsibilities for developers, leading to industry challenges in implementing the Act. Despite being a central legislation, each Indian state has its own set of rules for RER Act implementation.

Why Choose GSLO?

GSLO provides guidance to all stakeholders in real estate projects, including promoters, investors, retail lenders, and homebuyers. Our presence in multiple locations positions us advantageously to comprehend the diverse rules and regulations applicable to specific states.

  • RERA Compliance Mastery

    We guide developers, investors, lenders, and homebuyers, ensuring adherence to statutory requirements.

  • In-Depth Due Diligence

    Undertake Real Estate Due Diligence with confidence. Our comprehensive approach examines legal, financial, and regulatory aspects, providing a clear picture of potential risks and opportunities.

  • State-Specific Insight

    Benefit from our multiple office locations, offering a unique advantage in understanding state-specific rules and regulations.

  • Stakeholder Guidance

    Whether you are a promoter, investor, lender, or homebuyer, GSLO provides informed guidance at every stage of a real estate project.

About Us

Connect with Us

Services Included in RERA and Real Estate Due Diligence

View All Services

Frequently Asked Questions

As always, we’re here to help you get a head start. Below, you’ll find a list of 10 must-have FAQs to get you started on building your perfect self-service portal for your law firm

  • What is RERA?

    RERA stands for Real Estate Regulatory Authority. It is a regulatory body established by the government to regulate and promote the real estate sector in India. RERA aims to protect the interests of homebuyers and promote transparency, accountability, and efficiency in the real estate market.

  • What is the purpose of RERA?

    The primary purpose of RERA is to regulate the real estate sector and ensure transparency, fairness, and efficiency in transactions between buyers and developers. It seeks to address issues such as delays in project delivery, unfair practices, and fraudulent activities in the real estate market.

  • What is real estate due diligence?

    Real estate due diligence is the process of thoroughly investigating and evaluating a property or real estate transaction to assess its legal, financial, and commercial aspects. It involves verifying the property's ownership, title, zoning regulations, encumbrances, environmental issues, and other relevant factors to identify any risks or issues that may affect the transaction.

Do you want to ask our
experts a question?

Schedule a Call Now