Comments
No future or ongoing real estate projects can be advertised without registration with the Real Estate Regulatory Authority, according to a statement from the Ministry of Urban Housing and Poverty Alleviation. In a letter dated June 12 to the National Real Estate Development Council, the Ministry said, “Section 3 (1) of the Real Estate (Regulation and Development) Act 2016 prohibits advertisement for all projects (ongoing/future) without registration with the real estate authority. This provision has come into effect from May 1, 2017,” it further added.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.