Gurugram: RERA imposes Rs 25L penalty on promoter for misleading DDJAY ad

Gurugram: The Haryana Real Estate Regulatory Authority (RERA), Gurugram, has imposed a penalty of Rs 25 lakh on the promoter of Yashvi Homes Private Limited for publishing a “misleading advertisement” about a Deen Dayal Awas Yojana (DDJAY) project in a mainstream daily.

The promoter is developing the DDJAY residential project — Golden gate Residency — at Sector 3, Farukhnagar, Gurugram. The policy is known as Deen Dayal Awas Yojana 2016 while the advertisement published in a newspaper has incorrectly captioned it as DDJAY 2024, a RERA official said on Wednesday.

The Authority took a suo motu action in the matter, terming the advertisement completely misleading.

The RERA also warned real estate promoters to avoid misleading advertisements in future.

The promoter has also not mentioned the details of the registration number of the project and the website address of the Authority, as required under the regulations.

According to the Authority, the advertisement or prospectus issued or published by the promoter shall mention prominently the website address of the Authority, wherein all details of the registered project have been entered and include the registration number obtained from the Authority and such other matters incidental thereto.

“While there is no provision for amenities like school, clubhouse, swimming pool, badminton court, half basketball court etc in the approved layout plan submitted by the promoter at the time of registration, the same has been mentioned in the advertisement,” said the official, adding that the amenities promised in the advertisement are not as per the sanctioned layout plan of the project.

IANS

NITI Aayog sets $500 bn target for electronics manufacturing to create 6 million jobs by 2030

New Delhi: India's goal of becoming the third-largest global economy necessitates a more ambitious vision for its technology-driven sectors to achieve a USD 500 billion target in electronics manufacturing by...

Indian economy shows signs of speeding up as rural demand surges: RBI

Mumbai: The second quarter (July-September) of 2024-25 has begun with signs of quickening momentum in the Indian economy as an improvement in the outlook for agriculture and the revival of...

Vehicles with non-affixed FASTag have to pay double fee at toll plazas: NHAI

New Delhi: The Centre said on Thursday that owners of vehicles with non-affixed FASTag on the front windshield will have to shell out double fee at the toll plazas on...

Infosys’ headcount drops 1,908 in Q1 FY25, plans to hire 20,000 freshers as per growth

Bengaluru: IT giant Infosys on Thursday reported a drop in headcount by 1,908 in the April-June quarter of the current fiscal (FY25). The company’s Chief Financial Officer (CFO) Jayesh Sanghrajka...

ADB forecasts robust growth in India’s industrial sector, rebound in agriculture

Manila: The Asian Development Bank (ADB) has kept India’s growth forecast unchanged at 7 per cent in 2024-25 as it sees the country as the fastest growing economy with robust...

PM Modi wants India to become a ‘developed society’ by 2047, says Niti Aayog Vice Chairman

United Nations: Suman Bery, the Vice Chairman of NITI Aayog which is tasked with guiding policies for achieving Prime Minister Narendra Modi’s visions for India, has spoken exclusively with the...

Working closely with component partners in India to boost infra, supply chain: Samsung’s TM Roh

New Delhi: As India doubles down on local electronics manufacturing and the entire ecosystem around it, Samsung, which has been operating its manufacturing facility in the country since 1996, is...

IMF raises India’s GDP growth forecast to 7 pc for 2024-25

New Delhi: The International Monetary Fund (IMF) on Tuesday raised India's GDP growth forecast for 2024-25 to 7 per cent from 6.8 per cent projected earlier on the back of...

Centre tells retailers to cut prices of pulses as wholesale prices have fallen

New Delhi: Department of Consumer Affairs Secretary Nidhi Khare told the representatives of the Retailers Association of India on Tuesday that while the wholesale prices of Chana, Tur and Urad...

Gautam Adani amazed at US envoy Eric Garcetti’s love for kadak chai, chole bhature

Ahmedabad: Gautam Adani, Chairman of the Adani Group, on Tuesday said he is amazed to see the adoption of Indian culture by Eric Garcetti, the United States Ambassador to India...

US-based A.O. Smith to acquire Hindustan Unilever-owned Pureit

Mumbai: Global water technology company A.O. Smith Corporation on Monday announced the acquisition of Pureit from Hindustan Unilever for an undisclosed sum. The acquisition is projected to close by the...

Govt cuts GST on aircraft parts to 5 pc

New Delhi: Union Civil Aviation Minister Kinjrapu Rammohan Naidu has announced the implementation of a uniform IGST rate of 5 per cent on all aircraft and aircraft engine parts, effective...

Read Previous

Owaisi urges PM, EAM to bring back Indians ‘stranded’ in Russia

Read Next

15 killed as mine collapses in Venezuela

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com