Assistant Banking Manager
Assistant Banking Manager Interview Questions and Answers
Updated 8 Mar 2021
Q1. (ii) RERA is now applicable in Realty Sector , are you aware.
Ans.
Yes, I am aware of RERA being applicable in the Realty Sector.
RERA stands for Real Estate (Regulation and Development) Act.
It was introduced in 2016 to regulate the real estate sector in India.
RERA aims to protect the interests of homebuyers and promote transparency in the real estate industry.
It mandates the registration of real estate projects and real estate agents.
Developers are required to disclose project details, adhere to timelines, and maintain a separate escrow acco...read more
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