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Haryana RERA imposes fine on builder in Gurugram for misleading advertisement

Haryana RERA fined Countrywide Promoters Rs 50 lakh for misleading advertisement. Countrywide Promoters Private Limited is developing an affordable plotted colony Green Oaks at Sector 70A in Gurugram, under Deen Dayal Jan Awas Yojna Affordable Plotted Housing Policy 2016.

Countrywide Promoters: Haryana RERA imposes Rs 50 lakh penalty on Countrywide Promoters for misleading advertisement

Haryana s real estate regulatory authority (HRERA) in Gurugram has fined Countrywide Promoters Private Limited Rs 50 lakh for a misleading advertisement about its Green Oaks project. The ad showed amenities not part of the project, like a club and other facilities, leading to confusion among potential buyers. Despite mandatory provisions under the Real Estate (Regulation and Development) Act 2016, the promoter did not describe the details properly, violating Section 61 of the Act. The project is an affordable plotted colony at Sector 70-A, Gurugram, under Deen Dayal Jan Awas Yojna Affordable Plotted Housing Policy 2016.

Haryana RERA imposes penalty on Countrywide Promoters for misleading advertisement, ET RealEstate

Countrywide Promoters: According to an official statement, the authority observed that despite mandatory provisions under Section 11(2) and 13(1) of the Real Estate (Regulation and Development) Act 2016, the promoter did not describe the details in a proper manner in the advertisement, which is a punishable offence under the Section 61 of the Act.

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