Homebuyers body seeks targeted guidelines against misleading ads by real estate players

A pan-India home buyers organization has called on the consumer affairs department to establish guidelines for real estate advertising. It flagged that 34% of real estate ads examined by ASCI were misleading, with Maharashtra RERA's average penalty of Rs 14,000-15,000 insufficient to deter violators.

Dec 31, 2024 - 00:30
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Homebuyers body seeks targeted guidelines against misleading ads by real estate players
A pan-India home buyers organization has called on the consumer affairs department to establish guidelines for real estate advertising. It flagged that 34% of real estate ads examined by ASCI were misleading, with Maharashtra RERA's average penalty of Rs 14,000-15,000 insufficient to deter violators.

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