Multiple choice general knowledge

Which State will become first state in India to have a real estate regulatory authority.

  1. Tamil Nadu

  2. Maharastra

  3. Karnataka

  4. Madhya Pradesh

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Maharashtra became the first Indian state to establish the Real Estate Regulatory Authority (RERA) in May 2016, following the central RERA Act. Other states followed later, but Maharashtra was the pioneer in implementing this regulatory framework for real estate.