MahaRERA takes action against 628 housing projects across Maharashtra for not displaying RERA registration numbers and QR codes in their advertisements.
MahareraReal EstateAdvertising GuidelinesViolationsPenaltiesReal Estate PuneJul 08, 2024
MahaRERA is the Maharashtra Real Estate Regulatory Authority, a statutory body established to regulate and promote the real estate sector in Maharashtra.
The penalty for violating advertising guidelines is Rs 88.90 lakh, of which Rs 72.35 lakh has been recovered so far.
312 projects have been penalized in the Mumbai region, with penalties totaling Rs 54.25 lakh, and Rs 41.50 lakh recovered.
The QR code provides access to detailed project information, including the project's name, developer's name, renewal of project registration, expected completion date, registration status, pending complaints, and litigations, among others.
ASCI assists MahaRERA in monitoring violators by identifying advertisements that violate guidelines across various mediums, including traditional and new-age formats.
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