Arpit Palod is analyst at Idein Ventures, a global Venture Capital and Private Equity Firm, which has invested in number of real estate companies including BuildTraders, REstate and Infurnia. He has a keen sense of consumer psychology and loves to play with numbers. An avid reader and writer of tech and finance, he can beat you at Table Tennis anyday!
The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry. On implementation of RERA, only builders with sound reputations will remain in the fray - this probably its most important function in protecting consumer rights and interests.