HRERA slams Real estate Promoter for spreading hoax through advertisement

The Haryana Real Estate Regulatory Authority (HRERA) has lately imposed a penalty of a hefty amount of Rs.50 lakh on a real estate promoter for publishing a misleading advertisement in an English daily about its real estate project Green Oaks. 

One of the HRERA spokesperson said that the authority has taken a stringent measure on the hoaxes the advertisements are spreading to mislead the common people. After imposing penalty the authority has sent Countrywide Promoters Private Limited a show cause notice for explanation. 

He also added that, the authority has noticed that despite mandatory provisions under Sections 11(2) and 13(1) of the Real Estate (Regulation and Development) Act 2016 the promoter did not properly describe the details in the advertisement, which is a punishable offence under the Section 61 of the act.

The HRERA said in the order, “It is established that the promoter has indulged in publishing a misleading advertisement to confuse the prospective allottees in making an informed choice. Therefore, the authority hereby imposes a penalty amounting to Rs.50 lakh under Section 61 of the act 2016.”

The spokesperson of HRERA also added that, the Countrywide Promoters Private Limited is developing an affordable plotted colony Green Oaks at Sector 70-A, Gurugram, under Deen Dayal Jan Awas Yojana (DDJAY) Affordable Plotted Housing Policy-2016 after obtaining RERA registration in 2021.

The HRERA order further added, “It is abundantly clear that the promoter has issued a misleading advertisement for a DDJAY plotted colony to show alluring images to make the prospective investor believe that the project comprises a clubhouse and such facilities, which do not exist in the project. This amounts to a violation of Section 7(1)(A)(i). No details, information, or visuals of the actual layout or site plan of the project have been provided to enable the prospective allottee to decide upon investing in the project.”