Why RERA Shouldn't Have Missed Rental Law
The Real Estate (Regulation & Development) Act, 2016, ignored one of the most important aspects – the rental market. In a market like that of India, where buying and renting are equally important, the real estate law should have taken rental market into account, too. Many tenants in India suffer owing to discrimination, rent hike, unlawful evictions and unwarranted rents. However, there is a silver-lining to this.