HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) has recently imposed penalties on several real estate developers for infractions regarding the sale of villas, flats, and plots. The rulings were made between July 24 and 25, in response to complaints by dissatisfied consumers against five developers: Suvarnabhoomi Infra Developers Pvt Ltd (Banjara Hills), Maha Infra Developers (Kondapur), Edifice Projects Private Ltd (Jubilee Hills), 2getherments Infra Pvt Ltd, and Bhuvanteza Infraprojects Private Ltd.
A complaint by B Suresh Goud and others against Suvarnabhoomi Infra and Maha Infra highlighted the failure to complete the Suvarna Sampada 2 project. Initial commitments required completion within three years of obtaining HMDA approval; however, the project remains stalled even after six years, lacking essential infrastructure like streetlights, many of which were removed by TSSPDCL due to unauthorized constructions. As a result, RERA imposed a joint fine of ₹5.9 lakh on both developers and mandated the completion of the project with necessary infrastructure within 60 days.
Another complaint from Doppalapudi Anitha and others against Edifice Projects led RERA to impose a ₹15.2 lakh fine, ordering the developer to immediately register their housing project, which had not been done.
False Promises
KSR Togetherments Flat Owners Mutually Aided Co-operative Society accused 2getherments Infra Pvt Ltd of misleading buyers with incorrect advertisements about project amenities. RERA responded with an ₹18 lakh penalty on the developer, instructing it to hold a general body meeting regarding the refund or adjustment of maintenance fees. Additionally, the developer was required to transfer shops, initially designated as common amenities, to the respective association as per legal requirements.
A complaint from Archana Dhanasetty of Bansilalpet resulted in a ₹6.4 lakh penalty against Bhuvanteza Infra for failing to register the ‘Happy Homes Phase I’ project. Despite having received a full payment of ₹47 lakh, there was no progress in construction or delivery of possession. RERA ordered the developer to refund the entire amount with an annual interest rate of 10.8% within 30 days of the order.
