A revolutionary decision of implementing RERA (Real Estate Regulatory Act) was taken by the Central Government in 2016. It was implemented after hearing a lot of woes from home buyers and investors, who invested in properties and Residential complexes. But the reason behind the anxiety of these buyers was of project delays. Even after paying almost 90-95 percent of the payment for their properties and residential houses, they had to wait for many years to get into their abode due to these delays in project completion. So, the government paid heed to the problems and outcry of investors and buyers and hence, RERA (Real Estate Regulatory Act) came into being. With the strict norms set by the Central Government, now builders and developers have to get their projects registered under RERA. This was done in order to increase transparency in the Real Estate Market. It will also lead to the increased trust and confidence among buyers and developers. Rajasthan was the first state to implement RERA (Real Estate Regulatory Act) in June and increased growth in towns like Neemrana and Bhiwadi is reported since then. Ankur Dhawan, who is the Chief Investment Officer at a real estate consultancy was quoted as saying, “A cargo airport has been approved in Bhiwadi, a new highway is being constructed to connect Jaipur with Delhi. So, there were some brownie points there already.” This is indeed a very positive development in such a short time span. So, with RERA, the areas where home buyers and investors did not invest in properties and residential complexes earlier are showing signs of development in these areas too. It will lead to the overall development of the country.