Tuesday, November 5, 2024
HomeNewsReal EstatePromoters must publish project QR codes in every brochure & advertisement

Promoters must publish project QR codes in every brochure & advertisement

 Uttar Pradesh real estate regulatory authority (UP-RERA) has now assigned a unique QR code to every new projects being registered with it and to every project with live or valid registration.

Buyers can scan this code to get all the details of the project from the portal of UP-RERA and verify the information about the projects provided by the promoter in the advertisements.

Sanjay Bhoosreddy, chairman, UP-RERA said, “To make sure that the consumer readily gets complete and correct information about the project and the promoter, we have assign a unique QR code to the projects and made it mandatory for the promoters to give this on all the documents shared with the allottees and all the promotions and advertisements.”

In order to ensure that the benefits of this facility actually reaches the consumers, the authority has made it mandatory for the promoters to publish this project QR code in all sort of documents shared with the allottees such as the booking forms, allotment letters, BBAs and all the advertisements for promotion and marketing of the project.

All details related to the project, such as land documents, approved layouts and maps, project specifications and amenities, start and completion dates, bank accounts, promoters, co-promoters, registered agents, quarterly progress report (Q.P.R) , O.C. or C.C., other requisite and NOCs will be available.

RERA had observed that the home buyers have no easily accessible medium of verifying the features, amenities and other details mentioned in such advertisements and have to rely solely on the information disseminated by the promoters or the real estate agents. But hence forward, the same advertisement will become the source of verification of the information relating to the project.

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