Goa RERA Mandates Strict Guidelines for Real Estate Advertisements

Digital Goa, August 17 – The Goa Real Estate Regulatory Authority (Goa RERA) has implemented stringent guidelines for real estate advertisements across all media platforms. These guidelines aim to ensure transparency, accuracy, and the quality of information for potential homebuyers and allottees.

The new regulations mandate that all real estate advertisements, whether in print, electronic, social media, brochures, or hoardings, must prominently display the project’s RERA registration number and the Authority’s website address. Additionally, the ads must clearly state the promoter’s name, office address, contact details, project location, and the amenities promised.

Disclaimers such as “terms and conditions apply” are strictly prohibited, as stated in the circular issued by Goa RERA. This move is designed to protect homebuyers from misleading information and to maintain the integrity of the real estate market in Goa.

Non-compliance with these guidelines will result in action under the Real Estate (Regulation and Development) Act, 2016. The Act was enacted to regulate the real estate sector and protect the interests of homebuyers by ensuring transparency, accountability, and fairness in real estate transactions.

The guidelines also emphasize the importance of providing accurate and complete information to potential buyers. This includes details about the project’s status, timelines, and any other relevant information that could influence a buyer’s decision. The move is expected to enhance consumer confidence and foster a more trustworthy real estate market in Goa.

For more information on the guidelines, you can visit the official Goa RERA website at [Goa RERA Guidelines](https://rera.goa.gov.in/reraApp/Commonimage?IMG_PATH=6OqQmK7irN9yWl7AB8A19Q==).

The Goa RERA is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to oversee and regulate the real estate sector in the state of Goa. Its primary functions include the registration of real estate projects, the maintenance of a database of registered projects, and the enforcement of regulations to ensure fair practices in the real estate market.

By implementing these guidelines, Goa RERA aims to create a more transparent and reliable environment for real estate transactions, ultimately benefiting both developers and homebuyers.