In a groundbreaking move to enhance transparency in the real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has mandated the use of QR codes for all registered projects. This directive, released on May 29, 2023, requires property developers to prominently display QR codes alongside their RERA registration numbers in all advertisements, including social media campaigns, from August 1, 2023.
The directive is applicable to all the real estate developers including those dealing with the development of luxury villas in Khandala or any other construction projects.
QR codes have become an integral part of our digital lives, and now they are set to revolutionize the real estate industry in Maharashtra. These codes serve as an interactive gateway to essential project information, providing potential buyers with a seamless experience when seeking details about a property. With a simple scan using a smartphone or tablet, homebuyers can access a treasure trove of data about the project.
By incorporating QR codes on all promotional materials, including electronic and digital media, newspapers, Facebook, Instagram, WhatsApp, and Twitter every developer can streamline the process of sharing crucial project details.When QR codes are used, technology is used to make things easier, clearer and easier to understand when you want to find out more about a real estate project.
With QR codes, homebuyers gain immediate access to a wealth of information that can influence their purchase decisions. They can ascertain if the project has received necessary approvals, its commencement and completion dates, project renewal status, any modifications made to approved plans, and even check for any complaints filed against the builder or the project. This newfound transparency empowers buyers of villas for sale in Lonavala to make well-informed choices.
MahaRERA’s decision to mandate QR codes for all registered projects marks a significant step towards a more transparent and customer-centric real estate industry. From now onwards, as per the ruling, Goodbrick Realty will incorporate a QR Code and RERA Registration Number for all of our projects.
The Notification is as follows:
Order No. 46A/2023
No. MahaRERA/Secy/ File No. 27/1040/2023
Subject: In the matter of non-display of Quick Response (QR) Code in promotions / advertisement of real estate projects registered with MahaRERA.
Whereas, Government of India has enacted the Real Estate (Regulation and Development) Act, 2016 (the Act) and all sections of the Act have come into force with effect from 01.05.2017.
And whereas, the Government of Maharashtra vide Notification No. 23 dated 08.03.2017 has established the Maharashtra Real Estate Regulatory Authority, hereinafter referred to as “MahaRERA” or as “the Authority”.
And whereas, the Government of Maharashtra has notified the Maharashtra Real Estate (Regulation and Development) (Registration of Real Estate Projects, Registration. of Real Estate Agents, Rates of Interest and Disclosures on Website) Rules, 2017 (the Rules) for carrying out the provisions of the Act.
And whereas, the Authority has notified the Maharashtra Real Estate Regulatory Authority (General) Regulations, 2017 (Regulations) to carry out the purposes of the Act.
And whereas, the Authority under Section 37 of the Act, and Regulation 38 of the Regulations is vested with the powers to issue directions to promoters, real estate agents and allottees from time to time as it may consider necessary.
And whereas. the Chairperson MahaRERA is vested with the powers of general superintendence and directions in the conduct of the affairs of MahaRERA under Section 25 of the Act.
And whereas, Section 3 (1) of the Act, mandates that no promoter shall advertise, market, book, sell or offer for sate, or invite person to purchase in any manner any plot, apartment or building, as the case may be, in any real estate project or part of it in any planning area without registering the real estate project with MahaRERA.
And whereas, Section 11 (2) of the Act, mandates that the advertisement or prospectus issued or published by the promoter shall mention prominently the website address of the Authority and include the registration number obtained from the Authority and such other matters incidental thereto.
And whereas, by MahaRERA Order No. 46/2023 dated 29.05.2023 bearing No. MahaRERA/Secv/894/2023, all concerned were informed about introduction by MahaRERA of Quick Response (QR) Code for each registered real estate project so as to assist home buyers / allottees to get real estate project related information easily.
And whereas, by the above-referred MahaRERA Order, directions were issued that after 01.08.2023 on each and every real estate project promotion / advertisement published, promoters shall prominently display the QR Code in a manner and at a place as more specifically mentioned in the said MahaRERA Order.
And whereas, the above-referred MahaRERA Order had specifically enumerated the mediums where the promotions / advertisement are displayed by promoters shall have the QR Code.
And whereas, one of the functions of the Authority under Section 34(g) is to ensure compliance of the Regulations or Orders or Directions made in exercise of the powers of the Authority tinder the Act.
And whereas, Section 63 of the Act, empowers the Authority to impose penalty on any promoter, who fails to comply with, or contravenes any of the orders or directions of the Authority on a day-to-day basis during which the default continues.
In view of the above, the following further directions are issued:
a) With effect from 01.08.2023, promoter shall prominently display the QR Code on each and every real estate project promotion / advertisement published in the mediums, in the manner and at the place as more specifically mentioned in MahaRERA Order No. 46/2023 dated 29.05.2023.
b) Failure to comply with (a) above shall be construed as violation of the directions issued in the above-referred MahaRERA Order and penalty which may extend upto 50,000/- subject however to a minimum penalty which shall not be less than Rs. 10,000/- under Section 63 of the Act shall be imposed upon promoters for each such violation.
c) Upon imposition of the penalty if the promoter fails/ neglects to rectify and remedy the violation / contravention within 10 days shall be construed as a continuous violation of the directions issued in the above-referred MahaRERA Order and appropriate action as deemed fit shall be taken against such promoters under the relevant provisions of the Act.. This Order shall come into force with effect from 01.08.2023.
Here is the link to original MahaRERA Order
Goodbrick Realty, as a reputed developer in Mumbai, embraces this initiative wholeheartedly, understanding the immense benefits it brings to both the company and its valued customers. Through QR codes, buyers can explore the world of real estate with ease, confidence, and the assurance of a bright and informed investment.
With the QR codes prominently displayed, buyers can access information about the villa’s features, construction progress, and any updates made since the initial approval. Our transparency instills confidence in potential buyers, fostering a positive relationship between Goodbrick Realty and our valued customers.
By adhering to MahaRERA’s QR code mandate, we demonstrate our commitment to transparency.
Our customers can now scan the QR Code for our new villa in khandala to check the project details for our luxurious villas.
Through QR codes, interested homebuyers can effortlessly learn about the project’s current status, ensuring they stay updated with any changes or advancements made throughout the development process.