Tag: Telangana RERA

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Telangana RERA Fines Bhuvanteza Infra, Orders Customer Refunds

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has fined Bhuvanteza Infra ₹6.4 lakh and ordered a full refund to buyers affected by unregistered and delayed housing projects. In its ruling on September 30, the Authority found the company guilty of multiple infractions, including failure to register projects, misappropriation of customer funds, and not delivering possession. In one case, Raja Rao Bongu from Shamirpet claimed he was approached by representatives of Devas Infra Ventures Pvt. Ltd., later renamed Bhuvanteza Infra Projects Pvt. Ltd., to book a flat in the ‘Happy Homes Phase-2’ project during March-April 2021. Relying on their promises,…

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Telangana RERA Fines Three Developers for Project Delays

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has imposed fines on three developers for delays in project delivery and other violations of the Real Estate (Regulation and Development) Act. The orders were issued on September 29. In the first case, Sumit Kumar Soni and Ranjana Bansal from Gachibowli filed a complaint against Jayathri Infrastructures Pvt Ltd regarding the ‘Sky Exotica’ project in Gopanpally. They claimed they paid Rs 30 lakh but received neither a refund nor an allotment, and construction never began. The authority ordered the developer to refund the total amount with a 10.8% annual interest from the…

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Telangana RERA Fines Sunrise Infra for Illegal Plot Sales

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a fine of ₹25.8 lakh on Sunrise Infra Properties for promoting and selling plots in its Siri Vanam project without obtaining the required approvals. Following a complaint from a third party, TG RERA determined that the company was marketing agricultural land as farm plots, dividing them into layouts, and selling them without layout approval, land conversion, or project registration as mandated by the Real Estate (Regulation and Development) Act. Documentation such as registered sale deeds, marketing materials, and encumbrance certificates corroborated these violations. A show cause notice was issued…

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Telangana RERA Slaps Fine on Housing Society for Violations

HYDERABAD: The Telangana Real Estate Regulatory Authority (RERA) has imposed a penalty of ₹18.5 lakh on the Jubilee Hills Co-operative House Building Society Ltd for initiating a real estate project without the required registration under the Act. The authority determined that the society breached the Real Estate (Regulation and Development) Act by advertising and collecting funds for its ‘Jubilee Hills Phase IV’ project located in Manchirevula village, Gandipet mandal, Ranga Reddy district, without RERA approval. The directive requires the society to pay the penalty within 30 days into the TGRERA fund. Moreover, it has been barred from advertising, marketing, booking,…

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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…

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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,…

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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…

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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…

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Telangana RERA Fines Haris Pranava Builders & Kapstone Properties

HYDERABAD: The Telangana Real Estate Development Authority (TGRERA) has imposed penalties on a builder and a realty developer due to various violations. In the first case, TGRERA fined Haris Pranava Builders of Madhapur ₹7.6 lakh following a complaint from the Pranava Elite Association, Miyapur. The association, composed of flat owners in the Pranava Elite Residential Building, claimed that the builder breached several conditions outlined in the approved plan and neglected to deliver essential amenities. The project, which received approval for one stilt and five upper floors in 2019, was reported to have multiple discrepancies in construction and a deficiency of…

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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…