Prime Minister Narendra Modi on Monday said that there was a trust deficit between builders and home buyers, and the Real Estate Regulatory Authority (RERA) Act was introduced to remove this problem. While inaugurating the construction of the Agra Metro project via video conferencing, Modi said, "People with wrong intentions brought disrepute to the entire real estate sector, upsetting our middle class." The prime minister said that there was a trust deficit between the builders and the home buyers, and the RERA law was introduced to remove this problem. He added that some recent reports showed that middle class homes were getting completed quickly after the introduction of this law.
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