01
Agent Registration
Prop Metaverse shall undertake activities requiring real-estate-agent registration only under a valid applicable registration.
Properties & Transactions
Official regulatory disclosures, listing governance, advertising standards, and transaction due diligence framework for www.propmetaverse.com under RERA Act 2016.
Effective: Oct 2024
Select Policy
Prop Metaverse intends to undertake real-estate-agent and advertising activities in accordance with the Real Estate (Regulation and Development) Act, 2016 and applicable State RERA requirements.
02
Project Advertising
Where a project is required to be registered under RERA, advertisements should display prescribed project registration and other regulatory information wherever legally required.
03
Maharashtra Projects
For Maharashtra projects, applicable advertisements, webpages, landing pages, social posts and digital creatives should carry the correct MahaRERA project registration number, Prop Metaverse's valid agent registration number, prescribed QR code and other required disclosures.
04
Pre-Publication Verification
- 1Project name & developer/promoter name
- 2RERA registration status & validated number
- 3Prop Metaverse agent registration number
- 4Required scannable QR code asset
- 5Advertised price & configuration breakdown
- 6Possession timeline statement & phase dates
- 7Location & statutory project identity
- 8Offer conditions & time validity limits
- 9Images, artistic renders & architect disclaimers
- 10Source & documentary substantiation of claims
05
Prohibited/High-Risk Claims
Absolute expressions such as '100% verified', 'legally guaranteed', 'risk-free', 'guaranteed appreciation' or 'guaranteed return' should not be used unless specifically lawful and objectively substantiated.
06
Zero Brokerage
Where 'Zero Brokerage' is advertised, it should mean that Prop Metaverse does not charge the purchaser a separate brokerage fee for that eligible transaction. Developer charges, taxes, statutory charges and other transaction costs may still apply.
07
Scarcity and Urgency
Claims such as 'last units', 'limited inventory', 'offer ends today' or similar urgency statements must be supported by current evidence and must not be fabricated.
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