UP-RERA issues show cause notice to two promoters in violation of advertisement rules, ET RealEstate

October 16, 2023

NEW DELHI: Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued show cause notice to two promoters- ORO Infra Developers LLP and AIS Developers LLP in violation of section-11(2) of the RERA Act.

Lucknow-based both promoters did not mention RERA registration number and RERA portal prominently in their advertisements of the projects.

ORO Infra Developers LLP had released advertisement of ORO Constella and AIS Developers LLP had released advertisement of The Galleria in print publications. In those advertisements, RERA Registration number and RERA portal were mentioned in very small font instead rest of the information were in big fonts.

According to Pramod Kumar Upadhyay, secretary, UP-RERA, “for RERA Registered projects, it is expected from the promoters to mention Registration number and RERA portal in bold and big fonts just like they mention amenities and specifications of the projects in the advertisements. Our objective is to ensure implementation of rules of the RERA Act which is important for growth of the sector.”

Both promoters have been directed to submit their versions within seven days from the date of notice to the secretary.

  • Published On Oct 16, 2023 at 04:58 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App

Source link

Abhay Singh

Web Developer

Leave a Comment