HomeLatestASCI highlights growing violations in real estate and betting sectors amid regulatory...

ASCI highlights growing violations in real estate and betting sectors amid regulatory push

Real estate and offshore betting advertisements have emerged as the most non-compliant sectors in India, according to the Advertising Standards Council of India’s (ASCI) half-yearly report for 2024-25. Highlighting significant gaps in advertising transparency, the findings reveal that real estate accounted for 34% of all violations, followed by offshore betting ads at 29%. Other prominent sectors included healthcare (8%), personal care (7%), and food & beverages (6%). These insights underscore the growing challenges in maintaining ethical advertising practices across industries.

Between April and September 2024, ASCI reviewed over 4,000 complaints, investigating 3,031 advertisements, of which 98% required modifications. Most notably, 2,830 cases were flagged through digital platform monitoring, comprising 93% of all ads reviewed. Violations included 1,027 real estate advertisements reported to the Maharashtra Real Estate Regulatory Authority (MahaRERA) under an MoU with ASCI. Similarly, 890 offshore betting ads were escalated to the Ministry of Information & Broadcasting (MIB), alongside other concerns, including 156 healthcare ads violating the Drugs and Magic Remedies Act and 10 liquor-related promotions.

Sustainability and Greenwashing Concerns
In an era where sustainable practices dominate consumer expectations, ASCI’s greenwashing guidelines released earlier in 2024 represent a proactive step. Misleading eco-claims in advertisements have been flagged as a critical issue, and ASCI is committed to ensuring accountability. By addressing deceptive green claims, the council is fostering transparency, encouraging brands to align with sustainability goals and ethical practices.

Collaboration Driving Accountability
Manisha Kapoor, CEO of ASCI, emphasised the impact of partnerships with regulators such as MahaRERA and MIB, ensuring stricter oversight and consumer protection. She highlighted the council’s technological advancements in reducing complaint turnaround times, signalling progress in curbing advertising violations. These collaborative efforts highlight the urgency for advertisers to prioritise compliance, as ethical and sustainable advertising becomes integral to consumer trust.

For advertisers, the report serves as a crucial reminder of the importance of transparency and adherence to guidelines, as consumer expectations for honest and sustainable advertising practices continue to rise.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

ASI Heritage Conservation Plan Invites Private Architects

ASI Heritage Conservation Plan Invites Private Architects

0
India’s approach to safeguarding its historic landmarks is entering a new phase, with the Union government preparing to widen participation in heritage conservation by...
India Cements Merger Boosts Efficiency Outlook

India Cements Merger Boosts Efficiency Outlook

0
India Cements has completed the integration of four wholly owned subsidiaries into its core business, with regulatory clearance from the Chennai bench of the...
Bangalore Home Construction Firms Gain Market Credibility

Bangalore Home Construction Firms Gain Market Credibility

0
Bangalore’s residential construction market is witnessing a shift in how smaller, independent builders are evaluated, with firms demonstrating consistent delivery and long-term accountability gaining...
NCR Real Estate Advisory Shifts Toward Data Led Models

NCR Real Estate Advisory Shifts Toward Data Led Models

0
A growing shift is underway in the NCR real estate advisory space, where boutique consultancies are increasingly positioning themselves as strategic partners rather than...
Bhubaneswar Housing Expo Signals Buyer Confidence Rise

Bhubaneswar Housing Expo Signals Buyer Confidence Rise

0
A major Bhubaneswar trade fair combining real estate, home décor and consumer goods has opened in the Odisha capital, signalling renewed buyer interest and...