Tag: Telangana

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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,…

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Telangana RERA penalizes BhuvanTeza for unregistered sales

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of ₹6.45 lakh on BhuvanTeza Infra Projects, located in Banjara Hills, for not registering their residential project ‘Happy Homes-1’ in Shamirpet. The project was marketed and sold without the required registration under Section 3 of the Real Estate (Regulation and Development) Act, between 2020 and 2023. The complaint was lodged by Appam Kiran Kumar and three others, who were buyers in the proposed apartment scheme. The buyers argued that the project was aggressively promoted during its pre-launch phase, with promotional materials, site plans, and verbal assurances of…

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Telangana Secures ₹1,500 Cr for Indiramma Housing Scheme

HYDERABAD: The ongoing Indiramma housing scheme in urban Telangana received a significant boost as the Central government approved 1.13 lakh housing units under the Pradhan Mantri Awas Yojana (PMAY-Urban 2.0). This approval translates to nearly Rs 1,500 crore in Central funding for the state. A senior official in the housing department informed TOI that Telangana ranks first among Indian states in receiving a Rs 1,500 crore allocation for housing under PMAY-Urban 2.0. Notably, even Bihar, which is heading into elections, has not received such a substantial sanction, nor have BJP-ruled states like Uttar Pradesh or Gujarat. Chief Minister A. Revanth…