Architect’s Role under the Real Estate Regulation and Development Act, 2016

Purpose: In 2016 the Indian society was introduced with the regulation and development act for real eastate (RERA) to bring transparency in the dealing of real estate in terms of deals between developers and consumers taking into consideration the wellfare of the consumers. This research aims to ide...

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Bibliographic Details
Published inInternational Journal of Students' Research in Technology & Management Vol. 9; no. 4; pp. 16 - 26
Main Authors Saini, Anurag, Daddera, Suraj Suresh, Mondal, Devjanee, Sikka, Rohin, Nagdeve, Shruti S
Format Journal Article
LanguageEnglish
Published 30.12.2021
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Summary:Purpose: In 2016 the Indian society was introduced with the regulation and development act for real eastate (RERA) to bring transparency in the dealing of real estate in terms of deals between developers and consumers taking into consideration the wellfare of the consumers. This research aims to identify and understand the extent of Arhitects role in the act focussing on punishments and arbitration for various offenses. Methodology: An online survey was conducted with practicing architects to understand their perspective and viewpoints to identify what they feel are the biggest positives and negatives of the act. Main Findings: The results show that 17% of the architects have faced disputes related to RERA and 60% of respondents were not satisfied with RERA's duration to resolve any of the cases, which were not resolved until the date. From the data gathered through the online survey, most of the respondents were unaware of their role they are required to perform as mentioned in the act. Implications: To perform Architects' tasks correctly, awareness of the RERA, 2016 Act is necessary. The survey shows that many respondents thought that the act had nothing to do with architects and was solely for builders.
ISSN:2321-2543
2321-2543
DOI:10.18510/ijsrtm.2021.942