MUMBAI : From August 1, prominently display the QR code of the real estate project in advertisements on various mediums or face a penalty ranging from Rs 10,000 to Rs 50,000, the Maharashtra Real Estate Regulatory Authority (MAHARERA) has told developers across the state.
Even after imposition of the penalty, if the promoter fails to rectify and remedy the violation within 10 days, appropriate action will be taken against him, said a MahaRERA official.
“The idea behind making the QR code available in all advertisements is to ensure that information about the project is available at the fingertips of prospective homebuyers. They need not go to the MahaRERA website and enter the registration number to get details of a project,” explained the MahaRERA official.
“All that the prospective homebuyer needs to do is scan the QR code using his or her phone and get all information about the project such as commencement and completion date, approvals granted, number of flats, number of units booked, modifications in the approved plan, project extensions, and if any complaints have been made or warrants issued against the project.” Read more....