Browsing: Exploitative Real Estate Ads

Headlines Misleading Real Estate Ads, Misleading Property Ads, ASCI, Advertising Standards Council of India, Property Frauds, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property News, Best Property Portal, Best Real Estate News Website, Real Estate Journalist, Property Journalist, Exploitative Property Ads

Why ASCI red flags misleading ads with real estate?

Real estate advertisements are most exploitative, says  ASCI. In its “Half-Yearly Complaints Report 2024-25”, the self-regulatory body ASCI (Advertising Standards Council of India) said that of all the 3031 ads investigated, around 34% were from the real estate sector alone.  It was followed by 29% ads from illegal betting and 8% from the healthcare sector. Track2Realty is conscious of the fact that the builders would challenge this allegation tooth & nail. The developers that we have spoken to have either denied existence of such practices or have even questioned the legitimacy of ASCI.