Gurugram RERA Tightens Transparency Norms to Protect Homebuyers

Key Highlights

• Mandatory Public Notices for New Projects: Gurugram RERA mandates public newspaper notices for new project registrations to enhance transparency and inform potential buyers.
• Protection Against Misleading Pre-Launch Sales: The move aims to curb illegal pre-launch sales and empower buyers with accurate project registration and encumbrance details.
• RERA Reinforces Accountability: HRERA’s action highlights its commitment to legal fairness, with support from developers like Trinity, amid rising false complaint trends in the region.

The chairman of Gurugram RERA has asked the planning division to ensure that registration of new projects is announced in the papers by placing public notices.

“This will help prospective buyers in many ways, including making the registration process more transparent and robust. The RERA Chairman said the move validated the assertions of promoters, highlighted the accountability of RERA, prevented undue delays, informed buyers about the registration status and indirectly affected advertisements. In a city like Gurugram, a booming real estate zone, promoters and real estate agents ran syndicates, selling projects at pre-launch stages — an offence under the RERA Act (2016),” he stated.

Many premium projects had been fully sold by promoters before RERA registration, he noted, stating that, now, public notices issued by promoters in this regard would help potential buyers not be misled by real estate agents. Buyers would be empowered through the notices to get exact registration details, he said.

“The notices must include encumbrances such as high-tension lines, cremation grounds and lack of basic infrastructure,” Kumar said, noting that, in the past, many allottees had to struggle after being misled in this regard.

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According to Trinity, the company behind the project, the complaint targeting the legal aspect of the high-rise in Sector 88B, Gurugram, reflected a growing pattern of industry insiders finding these types of complaints common in the region, with competitors often driving them via false or motivated reports

After the ruling, a company spokesperson said Trinity was proud to work in a system where HRERA makes sure fairness and legality are upheld