In the first half of FY25, the Advertising Standards Council of India (ASCI) reviewed 4016 complaints and investigated 3031 advertisements, finding that real estate and illegal betting ads were the biggest offenders in terms of code violations.
AsciReal EstateIllegal BettingCode ViolationsConsumer ProtectionReal Estate MaharashtraNov 27, 2024
ASCI, the Advertising Standards Council of India, is a voluntary self-regulatory organization that ensures advertisements are legal, decent, honest, and truthful. It reviews and investigates complaints across various media to protect consumers from misleading or harmful content.
Realty (34%), illegal betting (29%), healthcare (8%), personal care (7%), and food & beverage (6%) were the top five categories with the highest number of code violations during this period.
ASCI reported 1,027 advertisements to the Maharashtra Real Estate Regulatory Authority (MahaRERA) under a Memorandum of Understanding (MoU) between the two organizations.
The partnership between ASCI and government regulators like MahaRERA and MIB is crucial for creating an impetus for better oversight and ensuring that advertisements adhere to ethical standards, thereby protecting consumers from harmful or misleading content.
Besides real estate and illegal betting, ASCI is also focusing on areas such as greenwashing, where they released guidelines earlier in 2024. The organization aims to provide better protection to consumers by addressing various ethical concerns in advertising.
B-Right RealEstate, a prominent player in Mumbai's real estate market, has announced the appointment of key management personnel to drive its growth and expansion plans. The new hires bring a wealth of experience and expertise, particularly from their sti
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The Bombay High Court is set to hear the 'Lodha' trademark dispute between two brothers on January 31. The case involves the real estate firm, House of Abhinandan Lodha (HoABL), and the use of the 'Lodha' name.
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