No. 0-17034/101/2016-H/EFS-3018177
Government of India
Ministry of Housing & Urban Poverty Alleviation
Housing Section

Nirman Bhawan, New Delhi-110011 Dated the 12th June, 2017

To,

Sh. NAREDCO <naredco@naredco.in>

Sub: RERA: Clarification regarding Advertisement and Sale in Ongoing Projects.

Sir,

I am directed to inform that the Ministry of Housing & Urban Poverty Alleviation has received your representation (Email) letter dated 14.05.2017 on the subject mentioned above.

2. As you are aware, in order to safeguard the interest of buyers towards ensuring timely completion of projects and also towards ensuring fast track adjudication of disputes, Ministry of Housing & Urban Poverty Alleviation has piloted the Real Estate (Regulation & Development) Act, 2016. Section 3(1) of the Act prohibits advertisement for all projects (ongoing/future) without registration with the Real Estate Regulatory. This provision has come into effect from 01st May, 2017.

Yours faithfully,

(Mahesh Kumar Singh)
Section Officer (Housing)
Tele.: 2306 1039

More Under Income Tax

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Category : Income Tax (25018)
Type : Circulars (7470) Notifications/Circulars (30037)
Tags : RERA (21)

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