+
Haryana RERA calls out Adani for ad
Real Estate

Haryana RERA calls out Adani for ad

The Haryana Real Estate Regulatory Authority's (H-RERA) Gurgaon bench has issued notices to Adani M2K Projects, a joint venture of Adani Realty and the M2K group, and property agent Naveen Associates for advertising an unregistered project.

The H-RERA has also initiated penal proceedings against the companies where the penalty of violations may go up to Rs 12 crore against the promoter and Rs 2.7 crore against the real estate agent.

The authority served a show-cause notice to the project's promoter and directed it to produce records pertaining to the property that has been sold before the authority.


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Make in Steel 2021

24 February 

Click for event info


H-RERA said a trend has been observed where promoters advertised, marketed or sold units in their real estate projects, offline as well as online, without registering the projects with the regulatory body.

Per the RERA Act, it is mandatory for all residential and commercial real estate projects where the land is over 500 sq m, or which have at least eight apartments, to register with the regulatory body to launch those to provide greater transparency in project-marketing and execution.

The RERA Act mandates that no real estate agent can participate in advertisement, market or sale of any project without getting themselves or their association registered with the RERA.

Also read: Haryana RERA bans sale of 50,000 unregistered units

The Haryana Real Estate Regulatory Authority's (H-RERA) Gurgaon bench has issued notices to Adani M2K Projects, a joint venture of Adani Realty and the M2K group, and property agent Naveen Associates for advertising an unregistered project. The H-RERA has also initiated penal proceedings against the companies where the penalty of violations may go up to Rs 12 crore against the promoter and Rs 2.7 crore against the real estate agent. The authority served a show-cause notice to the project's promoter and directed it to produce records pertaining to the property that has been sold before the authority.4th Indian Cement Review Conference 202117-18 March Click for event infoMake in Steel 202124 February Click for event info H-RERA said a trend has been observed where promoters advertised, marketed or sold units in their real estate projects, offline as well as online, without registering the projects with the regulatory body. Per the RERA Act, it is mandatory for all residential and commercial real estate projects where the land is over 500 sq m, or which have at least eight apartments, to register with the regulatory body to launch those to provide greater transparency in project-marketing and execution. The RERA Act mandates that no real estate agent can participate in advertisement, market or sale of any project without getting themselves or their association registered with the RERA. Also read: Haryana RERA bans sale of 50,000 unregistered units

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?