Does advertisement include solicitation by emails and sms? Is issuance of prospectus considered to be a case of ‘advertisement’?


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Answered on November 08, 2017
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  • ( Source : maharera.mahaonline.gov.in) As per section 2(b), which defines ‘advertisement’, any medium adopted in soliciting for sale would be covered under the said definition, including sms and emails. Prospectus, which is intended for sale of apartment in real estate project, will also be covered.