July 14, 2025 - 03:04
In a significant move to safeguard homebuyers, regulatory authorities have implemented new rules targeting misleading real estate advertisements. Developers are now mandated to provide essential information in their advertisements, ensuring transparency and clarity for potential buyers.
Under the new regulations, developers must prominently display their name, office address, and contact information in all promotional materials. Additionally, they are required to specify the exact location of the project as outlined in the approved sanctioned layout. This initiative aims to eliminate confusion and misinformation that often plague the real estate market, ultimately empowering consumers to make informed decisions.
The crackdown on misleading advertisements is expected to enhance consumer confidence in the real estate sector, fostering a more trustworthy environment for homebuyers. By holding developers accountable for the accuracy of their marketing claims, the authorities hope to create a safer and more transparent marketplace for all stakeholders involved.
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