Tag: Telangana Real Estate Regulatory Authority

Latest StoriesRera

Telangana RERA Fines Bharathi Builders ₹4.7 Crore for Pre-Sales

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has taken significant action against unlawful pre-launch sales of residential projects, imposing a landmark penalty of ₹4.7 crore on a local builder—marking the highest fine of its kind in the state. This decision was prompted by numerous complaints from distressed homebuyers who claimed they lost investments in the project. According to TG-RERA’s order, Bharathi Builders Pvt Ltd raised “substantial amounts” from buyers through pre-launch promotions for its project, ‘Bharathi Lake View Apartments’ in Kompally, in 2021, without securing the necessary registration under the Real Estate (Regulation and Development) Act. At the time…

Latest StoriesRera

Telangana RERA Fines Bagiratha Builder ₹3,000 Daily for Green Space

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a daily penalty of Rs 3,000 on a real estate developer for failing to comply with a previous order. This action stems from a complaint lodged by Ch Venkateswara Rao from Khajaguda, Hyderabad. The complaint pertains to the Green Space Bagiratha project in Aurangabad village, Medak district, covering a layout of 4 acres. The complainant demanded that the project be completed according to the brochure specifications, obtain the necessary NOC, and display the DTCP draft layout plan with the TLP number. TGRERA indicated that the developer did not pay the…

Latest StoriesRera

Telangana RERA Orders Aliens Developers to Refund ₹2 Lakh

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has mandated Aliens Developers Pvt Ltd to refund ₹2,00,000 to a homebuyer, Bakki Sneha of Karwan, within 30 days. This amount reflects the remaining balance of a booking advance for a flat in the ‘Aliens Space Station’ project located in Tellapur, Sangareddy district. As per the order issued on Wednesday, Sneha had initially booked a flat in the project, paying ₹2.5 lakh on May 31, 2020. However, after cancelling her booking, she only received ₹50,000 as a partial refund in October 2022. Despite her repeated requests, the remaining amount of ₹2 lakh…

Latest StoriesRera

Tribunal Rules Landowners in JDAs Aren’t RERA ‘Aggrieved Persons’

HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) Appellate Tribunal has issued a crucial ruling stating that landowners who engage in joint development agreements (JDAs) with developers do not qualify as “allottees” or “aggrieved persons” under the RERA Act. Consequently, they cannot seek legal recourse against developers through the RERA authority. This decision was made by a tribunal led by chairman Justice A Santhosh Reddy, with judicial member P Pradeep Kumar Reddy and administrative member Chitra Ramachandran. They emphasized that the mere presence of basic project information on a company’s website, under the ‘ongoing projects’ section, does not constitute advertising…

Latest StoriesRera

Telangana RERA Orders The Building Co. to Refund Buyer with Interest

Sure! Here’s a rewritten version of the content: HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has mandated infrastructure company The Building Co to refund ₹30 lakh with an annual interest rate of 11% to a buyer of a flat in its ‘TBC Rasagna North’ project located in Pet Basheerabad, Kompally. In a ruling dated September 4 under the Real Estate (Regulation and Development) Act, the authority found the developer guilty of collecting funds via a ‘pre-launch offer’ without proper registration or a valid sale agreement. Additionally, TG RERA imposed a ₹5 lakh penalty on the developer for breaching…

Latest StoriesRera

Telangana RERA Fines Vasavi Realtors for Delay in Flat Delivery

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has mandated Vasavi Realtors LLP to pay 10.8% annual interest to buyers of the Vasavi Lake City project at Hafeezpet due to delays in possession delivery. A group of 23 buyers, including Venkata Satya Naga Sudheer Kurapati from Miyapur, lodged a complaint citing significant delays and poor communication from the developer regarding the west wing of the project. The original handover was set for August 2023 but saw extensions to February 2024 and then February 2025, none of which were fulfilled. The buyers reported having paid a total of 1 crore,…

Latest StoriesRera

Telangana RERA Halts R Homes Project for Norm Violations

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has mandated that R Homes Infra suspend its project, Jai Vasavis Bliss Heights, located in Yamnampet, Ghatkesar. The promoter is instructed to halt all marketing and sales activities immediately due to 11 complaints, including one from Narasimhula Upendra of Hanumakonda, which allege misrepresentation and violations of the Real Estate (Regulation and Development) Act. The complaints assert that R Homes collected significant funds from prospective buyers during the pre-launch phase by making misleading claims regarding project registrations. Allegedly, the promoter executed 10 agreements prior to receiving RERA registration, in violation of Section…

Latest StoriesRera

Telangana RERA Fines Googee Properties for Unregistered Sales

HYDERABAD: The Telangana Real Estate Regulatory Authority has fined Googee Properties Pvt. Ltd. ₹27 lakh for promoting and selling plots in their ‘satellite township’ at Nomula village in Ibrahimpatnam mandal, Rangareddy district, without the necessary project registrations or layout approvals. Following complaints from Sumalatha Kamireddy and others, TG RERA determined that the developer accepted significant advances from 12 buyers under a “pre-launch offer,” despite not having the proper statutory clearances. The Authority mandated that all sales and marketing efforts cease until the project obtains the required registration. Each complainant had reserved a residential plot of approximately 200 square yards through…

Latest StoriesRera

Telangana RERA Orders Developer to Refund Delayed Project Buyers

HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) has mandated that a real estate developer refund amounts collected from property buyers, along with interest, due to failure to deliver the project on time. The directive was prompted by complaints from two buyers reporting a breach of agreement and non-compliance with the agreed terms. In one case, Musunuru Siva Sankara Rao, a resident of Peerzadiguda, approached RERA after Jayathri Infrastructure failed to deliver a commercial space in the Western Galaxy project by the set deadline of December 2024. The Memorandum of Understanding (MOU) was signed in February 2021, and the buyer…

Latest StoriesRera

Telangana RERA Penalizes Five Developers for Delays, Violations

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…