RERA Explained: 7 Checks Every Homebuyer Must Do Before Booking

The Real Estate (Regulation and Development) Act, 2016 gave Indian homebuyers a powerful safeguard — but only if you use it. Before paying a token amount, complete these seven checks.

1. Verify the registration number on your state RERA website and confirm it is valid and not lapsed.
2. Check the promoter's track record — past projects, delivery timelines and any complaints.
3. Read the approved layout and building plan; the unit you are buying must match it.
4. Confirm the carpet area, not the loading-inflated super built-up area. RERA prices are quoted on carpet area.
5. Understand the payment schedule. No more than 10% may be taken before a registered agreement for sale.
6. Check the escrow account. 70% of buyer money must be held in a separate project account for construction and land cost.
7. Note the possession date and penalty clause, including the interest payable on delay.

Every Skyline Developers project publishes its RERA number, approvals and quarterly progress reports on its project page, so you can verify before you decide.