Builders across cities are rushing to complete the projects they promised as courts and customers hold them to their words ahead of tighter real estate regulation. The result: A large number of projects that were stuck are now set to be completed and delivered during the current financial year. In March, the centre passed the Real Estate (Regulation and Development) Act, 2016, (RERA) which ensures transparency from builders, with stringent provisions for compensation in case of delays. It is a model law, which means it is up to the states to draft and pass their own laws according to the guidelines, as land is a state subject. Average delivery of projects as a percentage of under-construction stock across the top nine cities increased from just 2% in 2013-14 to 9% in the first four months of 2016-17, according to a research report dated 26 July by real estate portal PropTiger.