HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has prohibited a property developer from advertising, marketing, booking, or selling units or accepting further payments for the ‘Jai Vasavis ORR Heights’ project until further notice. The authority has also mandated that the developer refund ₹14.9 lakh to the complainant, Chilakalapudi Venkateshwara Rao, with an annual interest of 10.7% calculated from the payment dates, within 60 days of receiving the order.
Rao, a Ghatkesar resident, lodged a complaint against the developer on June 22.
The buyer alleged misleading claims regarding project approvals. Rao stated that he invested in a residential unit for his family, influenced by advertisements, pre-launch offers, brochures, celebrity endorsements, and representations made by marketing agents. He claimed that the developer asserted the project had the necessary approvals and shared a PDF in a WhatsApp group that purportedly showed RERA approval.
According to his complaint, although the developer conducted a ‘bhumi puja’ at the site on April 21, 2022, they only executed an agreement with the landowners on May 17, 2022. Rao alleged that promotional materials created the impression that the company had legal rights to the land for development.
Further, he contended that the RERA approval document shared in the WhatsApp group was subsequently removed. Rao noted that the genuine RERA registration was only obtained on September 23, 2023, after the developer had already advertised the project, accepted bookings, executed agreements, and collected payments.
Initially, Rao had invested in Jai Vasavis Bliss Heights but was later shifted to ‘Jai Vasavis ORR Heights’ due to delays in construction. He provided an investment agreement signed on February 18, 2022, which stipulated completion within 30 months, with a six-month grace period and rental compensation of ₹6,000 per month in case of delay.
TGRERA, exercising its authority under Sections 37 and 38 of the Real Estate Act, has halted further transactions related to the project.
The authority directed its secretary to initiate penalty proceedings under Sections 59 and 60 for alleged violations of Sections 3 and 13 within 15 days, subject to its approval. Additionally, a show-cause notice must be issued within seven days regarding why the project registration should not be revoked under Section 7.
The authority cited issues such as pre-registration marketing and payment collection, lack of substantial construction, absence of occupancy or completion certificates, and failure to submit quarterly progress reports and mandatory financial disclosures. A previous interim order issued on September 18, 2025, has kept the registration in abeyance.
