In a strict warning to the builders in Guwahati, the Real Estate Regulatory Authority Assam (RERA) has directed the builders to display RERA registration numbers, project names and website addresses on the hoardings, banners and advertisements of the projects.
“It has come to the notice of the authority that many builders have been putting up hoardings, banners, advertisement of the real estate projects without displaying the RERA registration number, project name and website address,” the RERA order stated.
The order further mentioned that this is in violation of section 11 (2) of the Real Estate (Regulation and Development) Act 2016 and the Rules and regulations framed there under.
“All builders are therefore directed to display their RERA registration number, project name, website address in their advertisements, banner, and hoardings in their project site immediately,” the order further stated. The order said that non-compliance with these instructions will attract the provisions of Section 61 of the Real Estate (Regulation and Development) Act 2016.
It needs to be mentioned that there are many real estate projects across Guwahati where the RERA registration details of the projects are not mentioned in the hoardings or any other advertisements.
A manager of the under-construction apartment site at Jyotikuchi where the RERA registration details were not displayed talking to G Plus on condition of anonymity said, “Our project is registered with RERA but we did not know that it is mandatory to display the registration details,” adding that they will soon display all the details.
Assam Real Estate and Infrastructure Developers’ Association (AREIDA) president PK Sharma talking to G Plus said, “It may have been omitted due to oversight since all projects displayed are already registered.”
The Real Estate Regulation & Development Act was brought to India in May 2016 after a decade of real estate being tormented at the hands of powerful builders.
Now, the RERA Act mandates all ongoing and new RERA projects to register with respective RERA Authorities under the ambit of the Act.
In the case of the non-registration, they will attract penalties under the Act. It is mandatory to have RERA registration for builders of real estate projects with RERA Authorities. In case they fail to comply with the quarterly compliance as mandated under the Act and Rules, they may have to face a complaint filing against them.