Tag: S Suresh Kumar

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RERA Warns Against Unregistered Real Estate Agents in AP

AMARAVATI: The Andhra Pradesh Real Estate Regulatory Authority (APRERA) issued a warning on Thursday against engaging with unregistered real estate agents, instructing them to register within 30 days. APRERA emphasized that operating without registration constitutes a significant violation of the Real Estate (Regulation and Development) Act, 2016. “We have alerted the public regarding dealings with unregistered agents and mandated these agents to secure their registration within the stipulated 30 days,” stated APRERA Chairperson S. Suresh Kumar in an official announcement. Kumar noted that trust is vital in the real estate sector, where agents play an essential role in influencing homebuyers’…

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Andhra Pradesh RERA Advises Against Unregistered Flats, Plots

VIJAYAWADA: S Suresh Kumar, the in-charge chairman of the Andhra Pradesh Real Estate Regulatory Authority (APRERA) and principal secretary of municipal administration, has issued a warning to the public regarding the purchase of flats in unregistered apartments or plots. He emphasized that such transactions could lead to significant issues for buyers. “We’ve observed that certain developers and builders are soliciting advance payments from potential buyers under the false pretense of ‘pre-launch’ activities for projects that lack APRERA registration. Additionally, some real estate agents are promoting these unregistered pre-launch projects. According to Section 3 of the Real Estate (Regulation and Development)…