RERA Act Not Applicable to Projects Already completed or Granted Completion Certificate, Rules Supreme Court

On Friday, the Supreme Court upheld the Real Estate (Regulation and Development) Act, 2016’s retrospective applicability to ongoing real estate projects. The bench, which included Justices Uday Umesh Lalit, Ajay Rastogi, and Aniruddha Bose, however, ruled that the RERA Act does not apply to projects that have already been finished or for which a completion

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