- It is autonomous self-regulatory body under Ministry of Housing and Urban Affairs.
- It was established in 1998 and is headquartered in New Delhi.
- It serves as apex national body for real estate industry and provides single platform for Government, industry and public to discuss various problems and opportunities face to face for speedy resolution of issues.
- Its mandate also includes to induce transparency and ethics in real estate business and transform unorganized Indian real estate sector into matured and globally competitive business sector.