So, I came across a good, informative article on the RERA (Real Estate Regulatory Authority) Act and decided to share it. This act is targeted at the Indian real estate sector and supposed to govern the workings of the same. Here is the link of the article –
The RERA Act is hoping to solve the problem of delayed property possession by the developers. It is a real boon to the working-class people who have invested their entire savings in buying their dream home. HomeCapital, on the other hand, is trying to solve the problem of huge down payment burden on the prospective buyers by providing zero-cost EMI loans to the said buyers to aid them in coming up the requisite home down payment amount to buy their dream homes. Between these two, they should be able to make home-buying easier and more reliable for the working class segment.