India, Nov. 2 -- Rahul Sharma (name changed), a 30-year-old prospective homebuyer, recently visited a completed apartment project. During his visit, he noticed that the project did not display a Real Estate Regulatory Authority (RERA) registration number. When he inquired, the developer explained that no RERA registration was obtained because the project was neither marketed nor sold before receiving the Occupation Certificate (OC).

Under Section 3 of the Real Estate (Regulation and Development) Act, 2016 (RERA), no developer is permitted to advertise, market, book, or sell any property in a real estate project without first registering it with the respective State Real Estate Regulatory Authority.

Additionally, all ongoing projects tha...