Real Estate

RERA's 10 Years: Homebuyers Say Registration Alone Isn't Success

By GeoSquare News Desk · Published 2026-11-03

As the Real Estate (Regulation and Development) Act (RERA) completes a decade, a homebuyers' forum has urged Prime Minister Narendra Modi to look beyond registration numbers. The forum argues that merely registering projects under RERA does not guarantee timely delivery or quality construction, which remain pressing concerns for buyers in Maharashtra.

The Core Concern

According to the forum, the root cause of many real estate woes is that RERA's implementation has focused on procedural compliance rather than actual outcomes. While thousands of projects across Maharashtra have been registered, homebuyers still face delays, poor construction quality, and slow dispute resolution. The forum emphasised that registration alone cannot be a measure of success; the real test lies in whether buyers get their homes on time and as promised.

What This Means for Maharashtra

For Maharashtra's property market, where cities like Mumbai, Pune, and Nagpur see significant housing demand, the forum's message is critical. Buyers are increasingly seeking accountability from developers, and RERA's role in ensuring that must go beyond paperwork. The forum called for stronger enforcement mechanisms, faster adjudication of complaints, and greater transparency in project status updates. For investors and end-users alike, the focus should be on project completion and handover, not just registration certificates.

The forum's appeal to the PM highlights a growing sentiment among homebuyers that regulatory success should be measured by the number of satisfied homeowners, not just the number of registered projects. As Maharashtra continues to urbanise, the need for robust implementation of RERA's provisions becomes even more vital to protect buyer interests and restore confidence in the real estate sector.