UP-RERA Advertisement Guidelines: Rules for Real Estate Ads

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has taken a strong stance on ensuring transparency in real estate advertisements. Chairman Sanjay Bhoosreddy has stressed that developers and agents must include essential details in their promotional materials to comply with regulations and avoid penalties.

Key Requirements for Real Estate Advertisements

UP-RERA has outlined specific guidelines that developers and agents must follow in their advertisements across all media, including print, TV, social media, digital platforms, and outdoor hoardings. The essential requirements include:

  • RERA Registration Numbers
  • Website Links
  • Unique QR Codes
  • Declaration Accounts

Non-compliance with these requirements may lead to substantial fines. Repeat offenders may face penalties of up to 5% of the project’s total cost. By adhering to these UP-RERA advertisement guidelines, developers can avoid legal issues and build credibility among potential homebuyers.

Financial Penalties for Non-Compliance

UP-RERA has already imposed penalties totaling ₹266 crore on 91 developers and agents for violating these rules. Misleading advertisements or those lacking mandatory disclosures will be subject to strict legal and financial actions as per UP-RERA’s guidelines. These measures aim to curb deceptive practices and ensure accountability within the real estate sector.

Advice for Homebuyers

Homebuyers are urged to remain cautious and verify project details online before making investment decisions. Checking for compliance with UP-RERA advertisement guidelines can protect buyers from financial risks tied to unregulated or misleading ads. It’s essential to look for details like RERA registration numbers and QR codes to ensure the legitimacy of a project.

Why These Guidelines Matter

According to Sanjay Bhoosreddy, these measures are designed to foster transparency and protect homebuyers from being misled. Developers who intentionally omit crucial details from advertisements for financial gain will face severe consequences, ensuring fair practices in the industry.

Conclusion

UP-RERA’s strict enforcement of advertisement guidelines underscores its commitment to creating a transparent and accountable real estate market. Developers must prioritize compliance to avoid penalties, while homebuyers should remain vigilant and informed. By following UP-RERA advertisement guidelines, all stakeholders can contribute to a fair and secure property market in Uttar Pradesh.

Read more: UltraTech Cement Q3 FY25: 16.98% Profit Drop, 10% Sales Rise

for more updates follow us on instagram

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top