HYDERABAD: In a first-of-its-kind move in Telangana, authorities have allowed homebuyers to complete stalled residential projects after the builder defaulted, invoking provisions of the Real Estate (Regulation and Development) Act, 2016.Acting on directions from the Telangana Real Estate Regulatory...
HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) issued a warning to promoters/developers, real estate agents, and advertisement channels against misleading homebuyers through pre-launch advertisements without valid TG-RERA registration.The authority emphasised that any attempt to...
HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of Rs 25.8 lakh on Sunrise Infra Properties for advertising and selling plots in its Siri Vanam project without the mandatory approvals.Acting on a third-party complaint, TG RERA found that the company was...
HYDERABAD: A real estate agent was fined Rs 6.17 lakh by the Telangana Real Estate Regulatory Authority (TG RERA) for promoting an unregistered real estate project and issuing receipts to buyers by impersonating the builder. In addition, RERA directed builders Aaditri Housing to complete the flat and register it in the...
HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has directed Prime Infratech, promoter of Prime Alpenia villa project in Mokila, to facilitate registration of a formal association of allottees within 45 days. The directive, issued on June 4, followed a complaint by a villa owner alleging...
HYDERABAD: Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of 19.8 lakh on developers T Madhusudhan Reddy and Sree Ram Reddy for failing to provide promised amenities in TMR Marvel villa project at Macha Bolarum near Alwal. The ruling was issued on Feb 28 in response to a complaint filed...
Representative image HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of 2.5 lakh on DLF Gayatri Developers, a joint venture between Gurgaon-based DLF India Limited and Hyderabad-based Gayatri Infra Private Limited (GIPL), and three other real estate entities for marketing...
Representative image HYDERABAD: Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of 9.9 lakh on a developer for multiple violations of the Real Estate (Regulation and Development) Act. The authority also directed the company to refund 33.8 lakh along with interest to the complainant,...
Representative image HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of 8.3 lakh on a city-based builder for collecting booking amount prior to obtaining RERA registration. The authority also directed the builder to reimburse two complainants 2 lakh within 30 days....
Representative image HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of Rs 11.5 lakh on Paradise Peak Private Limited for failing to register its 12-acre layout project with the authority, as required under the Real Estate (Regulation and Development) Act. The penalty...