LAHORE: Pakistan Electronic Media Regulatory Authority (PEMRA) has banned the advertisement of unapproved and illegal housing projects in Lahore, as per the request of the Lahore Development Authority (LDA).
All the print and broadcast media was directed by PEMRA not to board any advertisements from illegal housing schemes. The notification revealed that the order follows a concern shown by LDA about illegal housing societies’ ads who have not yet obtained “NOC of advertisement” from them.
LDA further emphasised that many sponsors, property agents, ads agencies, and developers are lacking in revealing pertinent details such as mortgaged plots, total commercial or residential plots, blocks, NOC diary numbers, etc. Such deceptive advertisements wrongfully guide the public to purchase property or invest in illegal housing projects.
To protect the public interest, PEMRA will keep a vigilant check on all illegal advertisements as per the orders of Lahore High Court, sources report.
PEMRA has also directed all print and broadcast media to comply with para(3) of Rule-45 in the LDA Private Housing Schemes Rules of 2014 in all of its advertisements and publicity material.
For news and blogs, visit Graana.com.
As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…
Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…
The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…
The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…
The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
