Haryana lays down details mandatory for realty ads Dipak Kumar Dash | TNN
New Delhi: The Haryana government has made it mandatory for all private realtors to specify their project licence number, layout plans and the total number of apartments to be built in their advertisements.
Any failure to do so could invite a three-year prison term, said a town and country planning department (DTCP) notification on Friday. The rule will come into effect immediately.
Haryana is the first state to introduce such a regulation. Mushrooming projects have prompted realtors to put
catchy advertisements often overselling their projects and sometimes giving sketchy details. Analysts say this move will help bring transparency and provide home buyers clarity to help make a choice.
“Private developers have been putting out all kinds of advertisements, and in many cases buyers are clueless about whether these projects are approved by the government or not,” DTCP director general T C Gupta told TOI.
There have been complaints galore to DTCP from buyers since they are worried about the projects’ authenticity. “People spend their lifetime savings to buy a house. We can’t allow developers to loot people like this,” Gupta said while interacting with realtors in Delhi. As complaints of fraud grow, Haryana reins
in builders
New Delhi: The Haryana government has made it mandatory for all private realtors to specify their project licence number, layout plans and the total number of apartments to be built in their advertisements. Haryana industry secretary Y S Malik agreed with Gupta. He said he has been flooded with calls from harried buyers. “I have been receiving calls from several people, seeking projects’ details. I would often take DTCP’s help to gather the information,” Malik said. Officials are concerned about growing complaints of fraud. “Several FIRs have been filed with Economic Offence Wing of police in Haryana and other states,” DTCP’s Gupta said. He cited several examples, where builders had sold apartments well above the licencing authority’s sanctioned limit.
Gupta said he has asked district town planners (DTPs) across the state to file FIRs against violators. “I’ve asked each DTP to get an FIR lodged every week. There will be no compromise,” he said. Realtors welcomed the move. “It’s a historic move by any state. It will help clear the dirt. People will have greater faith in the industry,” Navin Raheja, chairman of ASSOCHAM national council on real estate, said and urged other states to follow Haryana’s example.
DTCP has cleared maximum files related to change of land use (CLU) – mainly for residential purpose – in the past year. “We’re compiling a list of such CLUs in the past two years. These will be posted on our website so that people get a fair idea of the projects,” Gupta added.
Source-
http://timesofindia.indiatimes.com/indi ... 630869.cms