PUNE – India’s Real Estate Regulation and Development Act (RERA) has resolved about 1.5 lakh consumer complaints since its launch in 2017, while registering nearly 1.5 lakh housing projects and 1 lakh agents, according to a Knight Frank India–NAREDCO report released on late August 2025. The regulatory framework has the transformed homebuyer protection, market transparency, and investment sentiment.
The report, titled "RERA's Reign – Charting Real Estate Growth Post-2016," confirms that by mid-2025, RERA authorities had registered roughly 1.5 lakh projects and 1 lakh real estate agents nationwide. This widespread registration, coupled with structured grievance redressal, has curbed speculative practices and aligned price growth with market fundamentals, as previously noted by the regulator. The report also found that private equity inflows into Indian residential real estate reached about $26 billion during 2017–2020, a significant increase from the $17.5 billion recorded in the preceding five-year period.
Shishir Baijal, Chairman and Managing Director of Knight Frank India, stated, "RERA has been one of the most impactful reforms for India's housing market in recent times, making the sector more transparent and instilling accountability." The institutional framework for complaint resolution has been a key factor in this transformation, providing homebuyers with a time-bound and effective legal path to address issues like project delays and non-disclosures.
The report emphasizes that while RERA has made significant strides, ongoing implementation remains uneven across states. The authors recommend a "One Nation, One RERA" approach to harmonize enforcement and leveraging technolagy to streamline processes for further enhancing consumer the confidence and market efficiency.
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