Latest news with #TNRERA
Hindustan Times
4 days ago
- Business
- Hindustan Times
TNRERA cracks down on misleading ads: Bans ‘terms and conditions apply' and travel time claims from landmarks
Tamil Nadu RERA has banned vague disclaimers like 'terms and conditions apply' in real estate advertisements. Builders must clearly mention their name, office address, contact details, and the exact project location. The order strictly bars references to travel time to the project site from a landmark, noting that it can vary significantly due to changing traffic conditions. Tamil Nadu RERA has banned vague disclaimers like 'terms and conditions apply' in real estate advertisements. Builders must clearly mention their name, office address, contact details, and the exact project location (Representational Photo)(Pexels) "All developers' project advertisements in the newspapers and magazines or website advertisements must contain the TNRERA registration number with QR code as given in Form-C and website address of the Authority. The TNRERA registration number with QR code and website address shall be displayed at the top right corner of the advertisement. The font size of the letters and numbers used shall not be less than twelve," the order dated July 1 said. Also Read: RERA update: Can investors approach real estate regulator for stalled commercial projects? Regulations on brochures, leaflets and outdoor publicity TNRERA has said that all printed materials, such as brochures, leaflets, and flyers, must clearly show the project's RERA registration number, a QR code (as given in Form-C), and one-fourth of the Authority's website address. Similarly, all outdoor ads, including big hoardings, small boards on road dividers, streetlight poles, buses, vehicles, and bus shelters, must also display the RERA registration number, QR code (Form C), and the website address of the Authority. Also Read: Receipt of OC alone does not mark project completion: Bengaluru homebuyers urge KRERA to adopt project closure policy TNRERA guidelines prohibit vague disclaimers like 'terms and conditions apply' The guidelines also prohibit vague disclaimers like 'terms and conditions apply,' TNRERA said. Every advertisement must clearly state the builder's name, office address, and contact information, as well as the accurate project location, leaving no room for ambiguity. "The location of the project, as given in the approved plan, should be mentioned in the advertisement. If the promoter wishes to mention the nearby landmark, the distance of the project site from such a landmark by the most commonly used route shall be mentioned. Travel time to the project site from such landmarks shall not be mentioned as it varies depending on the traffic conditions," the order stated. Also Read: Bengaluru techies on home buying: Purchase a flat to live, not show; think Android, not Rolex The order said that all promotions shared on social media, such as Facebook, Twitter, Instagram, or LinkedIn, must include the project's RERA registration number along with a link to the TNRERA website. Legal experts say, if a developer makes a representation to a home buyer, whether through a brochure, advertisement, or sale agreement, and that representation turns out to be false or inaccurate, it constitutes a breach of trust. This is legally actionable and, in such cases, homebuyers have the right to seek compensation or other remedies under RERA or before a consumer court. Advocate Chandrachud Bhattacharyya explained that such legal safeguards are necessary because homebuyers are often misled by glossy marketing or vague promises. He emphasized that the larger principle at play is that a developer cannot misrepresent project features or intentions. Authorities like RERA are now laying down clear guidelines to ensure buyers can make informed decisions and receive fair redressal when misrepresentation of projects is being done, he pointed out. 'These regulations are critical to protect homebuyers,' he said. 'They help ensure that when someone invests in what is often their dream home, they do so with clarity, transparency, and legal protection.'
Time of India
5 days ago
- Business
- Time of India
RERA cracks down on flashy real estate ads with new rules
Chennai: Plots and houses only three kilometres from Kilambakkam and two kilometres from GST Road, with hundreds of amenities — ads with such claims have become all too common, flooding social media feeds and highway hoardings. But under a recent order by TNRERA (Tamil Nadu Real Estate Regulatory Authority), builders showcasing ads with vague, exaggerated, and misleading claims are set to get pulled up. With this crackdown, TNRERA has sent a strong message to the real estate industry: promotional gimmicks and half-truths will no longer be tolerated. The era of unchecked advertising is over. And buyers, finally, have the right to clarity. TNRERA has made it mandatory for all real estate advertisements whether in print, on television, outdoor hoardings, digital platforms, or social media to prominently display the project's RERA registration number, a scannable QR code (as per form-C), the official website of the authority, the approved location of the project, and complete promoter contact details. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai The guidelines, which came into effect on July 1, also prohibit the use of vague disclaimers such as "terms and conditions apply", and prevent promoters from using inflated phrases such as "100+ amenities" that are not backed by actual, verifiable offerings. The order by chairperson Shiv Das Meena, states that the directive is aimed at curbing misleading practices and ensuring that buyers can easily verify the authenticity and legal status of real estate projects before making decisions. The rules specify that RERA details must appear at the top right corner of all advertisements, including hoardings and print material, with a minimum font size to ensure visibility. "The mandate also extends to the finer details. Every ad must mention the promoter's name, office address, and contact information. If a landmark is cited, only the actual distance via the most commonly used route is allowed no reference to travel time, which can vary with traffic, is permitted. The location must match the officially approved plan submitted for registration," said S Ramprabhu, chairman of the DTCP committee at the Builders Association of India. For projects exempt from RERA registration such as those completed before May 1, 2017 the advertisement must clearly state the exemption and the reason. In addition, online property portals are no longer allowed to feature or promote any project that does not carry valid TNRERA registration details, QR code, and the official website address. Media outlets, too, are being held accountable. TNRERA has warned that any media platform publishing non-compliant advertisements could face escalation to the Ministry of Information and Broadcasting and other regulatory bodies. Violations will attract penalties under sections 61 and 63 of the Real Estate (Regulation and Development) Act, 2016. To support these changes, Regulation 8(3) of Tamil Nadu Real Estate Regulatory Authority (General) Regulations, 2018, has been amended to make it clear that all real estate publicity whether through press, banners, pamphlets, or social media must carry RERA registration details as prescribed under the revised Regulation 6.
Time of India
25-06-2025
- Business
- Time of India
Info boards a must at all real estate projects: TNRERA
Chennai: To enhance transparency and consumer awareness, Tamil Nadu Real Estate Regulatory Authority (TNRERA) has issued a circular mandating the installation of prominent display boards at all registered real estate project sites. The order, dated May 7, applies to both building and layout projects across the state. "The circular outlines the essential information that must be displayed on these boards: name of the promoter, project name, TNRERA registration details, date of completion as per TNRERA registration, and the website address of TNRERA," TNRERA member, M Krishnamoorthy. The regulatory body has reiterated the rule mandated under the Real Estate (Regulation and Development) Act, 2016 (RERA). This initiative by TNRERA is expected to provide prospective homebuyers and investors with easy access to crucial project details. You Can Also Check: Chennai AQI | Weather in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai Promoters are now required to install a display board, measuring at least 2ft by 4ft, prominently abutting the public road at each project site. This board must be separate from any other existing display boards and feature essential project information in a readable font size. It's crucial that these display boards are put up immediately after a project gets TNRERA registration. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like ¡Revoluciona tu mundo digital con recomendaciones tech! Mandarina - Tráfico Más información Undo Promoters will need to submit evidence of the installation, which must be certified by the project's engineer or architect and include site photographs," said a TNRERA official. TNRERA has also said that a condition regarding the display board installation will be incorporated in form-C, which is part of the registration process. Compliance will be rigorously checked and ensured before the issuance of the completion report. S Ramprabhu, chairman of the DTCP committee at the Builders Association of India, said that this is a step in the right direction to improve transparency and buyer confidence.
