Haryana RERA fines Gurgaon developers Rs 3 crore for advertising without registration

“A malicious trend of advertising real estate project without prior registration has been noted amongst real estate promoters. It is found that promoters are getting advertised their unregistered projects either directly or through their channel partner/real estate agents. The Real Estate (Regulation and Development) Act, 2016 makes it mandatory to register all commercial or residential projects before its launch, to promote transparency in real estate sector,” the authority said in a statement.

via Economictimes