TNRERA Chairperson Shiv Das Meena announced website updates. Project details from every promoter will be available. This benefits customers greatly. Meena spoke at The Hindu Tamil Nadu Real Estate Summit 2025. He highlighted Section 11 of the Act. Promoters must create project pages on the RERA site. All details need regular updates.
Transparency is key. It builds trust and credibility. Meena urged promoters to share project information. Land titles, approvals, and timelines are crucial. Financials must also be disclosed. Section 4 of the Act requires this. This information is needed for RERA registration.
All buyer communications need transparency. This includes marketing and agreements. Delivery promises must be met. Avoid future disputes with clear contracts. This reduces homebuyer and developer conflicts. It fosters mutual trust and growth.
Meena also addressed ad guidelines. Advertisements must be truthful. Flex boards with prices need project specifics. Location details are vital. RERA registration status is important. Ads should inform, not mislead buyers. Meena asked promoters to study these rules. RERA supports innovation and consumer safety.
The event included Nirmala Lakshman. She chairs The Hindu Group. L.V. Navaneeth also attended. He is the CEO of The Hindu Group. Casagrand presented the event. GSquare co-presented the summit. Swelect was the green energy partner. SDAT and Tamil Nadu Champions Foundation supported sports. CREDAI Tamil Nadu and Lancor also supported. Namma Family Group was a supporter. The Madras Management Association was the strategic partner. Puthiya Thalaimurai served as the TV partner. The Federal was the digital partner.