Tag: HMDA

Latest StoriesRegulatory

ED Investigates High-Rise Scam, Seizes Cash Linked to Official

HYDERABAD: The Enforcement Directorate (ED) has uncovered a series of questionable real estate transactions and seized Rs 72 lakh in unaccounted cash during investigations linked to the suspended HMDA director, Siva Balakrishna. The inquiry was triggered by an earlier FIR alleging illegal payments for the approval of a high-rise project by Udaya SSV Projects in Narsingi. This prompted the ED to carry out targeted searches, uncovering incriminating documents tied to several real estate deals and firms. The investigation is rooted in a disproportionate assets case initiated by the Anti Corruption Bureau. The latest searches took place on July 24 at…

Latest StoriesRera

Telangana RERA Fines Realty Firm for Mokila Layout Violations

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has levied a fine of ₹38.5 lakh against a real estate firm for regulatory breaches and deviations from authorized plans at its villa project located in Westend Greens, Mokila, in Ranga Reddy district. The promoter was found guilty of violating Sections 11, 14, and 61 of the Real Estate (Regulation and Development) Act, 2016. TGRERA has ordered an immediate suspension of marketing or sale of villas until the project is officially registered with the authority. The complaint was jointly submitted by five Westend Greens residents: Tumpi Shome, Sailaja Nukala, Monika Singh R,…