NEW DELHI: Real estate and offshore betting have emerged as the most violative sectors in India with respect to advertising rules, according to a half-yearly analysis by the Advertising Standards Council of India (ASCI).
Real EstateOffshore BettingAsciAdvertising StandardsConsumer ProtectionReal Estate NewsNov 26, 2024
According to the report, real estate and offshore betting were the most violative sectors in terms of advertising rules, followed by healthcare, personal care, and food & beverage.
ASCI reviewed 4,016 complaints and investigated 3,031 ads during this period.
98% of the investigated ads required modifications.
890 ads promoting illegal betting were reported to the MIB.
ASCI has released guidelines on greenwashing earlier in 2024, and it will remain an area of focus for them, aiming to ensure transparency and accuracy in environmental claims made by advertisers.
India's retail sector is poised for a major expansion, with a massive 45 million square feet of new retail space expected to be added over the next 5 years.
Despite being the largest economy among Indian states, Maharashtra grapples with significant rural poverty and urban inequality, raising concerns about the sustainability of its growth.
Property Share Investment Trust launches India's first small and medium real estate investment trust scheme, PropShare Platina, to raise Rs 353 crore.
Private equity (PE) investments in the Indian real estate sector witnessed a 4% decline in the first half of fiscal year 2025, marking a slight slowdown in the market. Despite this dip, industry experts remain optimistic about the sector's long-term growt
The Directorate of Enforcement (ED) has seized assets worth INR 56.86 crore from Krrish Realtech and its associates, highlighting significant issues in the real estate market. The investigation into financial misconduct and money laundering underscores th
In 2024, a total of 79 million sq ft of office space was leased across nine major Indian cities, marking a 16% year-on-year growth. Bengaluru, Hyderabad, and Pune accounted for a significant portion of the new office spaces added.