Tag: TGRERA

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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 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 Launches Enforcement Wing for Swift Compliance

HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) is set to bolster the regulatory framework in the real estate sector by establishing its own enforcement mechanism for ensuring adherence to its orders. In response to ongoing delays by non-compliant builders and developers, TGRERA now enables district collectors to enforce the Revenue Recovery Act (RRA) and utilize specific civil court powers. This represents a significant transition from a passive regulatory approach to active enforcement. An executive director, likely from the revenue department, will lead the new enforcement unit, supported by a specialized team dedicated to executing TGRERA’s directives. “TGRERA is aligning…