Projects not under RERA should also be indicated in advertisements: TNRERA
The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has said advertisements on real estate projects which do not come under the real estate act must be indicated in the advertisements.
“If the project does not fall within the ambit of RERA that should also be indicated in the advertisement,” an official statement from TNRERA said on Saturday.
The statement further said that a number of advertisements are being published in dailies without mentioning the website address of the real estate authority and registration number obtained from TNRERA.
Real estate projects proposed in an area of less than 500 square metre and the number of apartments under eight units need not have to be registered with the realty regulator.