Latest news with #TelanganaRealEstateRegulatoryAuthority
Time of India
5 days ago
- Business
- Time of India
RERA slaps penalties on 5 developers over delays, violations
Hyderabad: In a series of rulings delivered between July 24 and 25, the Telangana Real Estate Regulatory Authority (RERA) imposed penalties on multiple real estate developers for violations related to villa, flat, and plot sales. The action followed complaints filed by aggrieved consumers against five developers—Suvarnabhoomi Infra Developers Pvt Ltd (Banjara Hills), Maha Infra Developers (Kondapur), Edifice Projects Private Ltd (Jubilee Hills), 2getherments Infra Pvt Ltd, and Bhuvanteza Infraprojects Private Ltd. B Suresh Goud and five others filed a complaint against Suvarnabhoomi Infra and Maha Infra for failing to complete the Suvarna Sampada 2 project. Though the project was to be completed within three years of obtaining HMDA approval, it remained incomplete even after six years. Basic infrastructure such as streetlights was missing, and those erected were demolished by TSSPDCL for being unauthorised. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad RERA imposed a joint penalty of ₹5.9 lakh on both developers and directed them to complete the development and promised infrastructure within 60 days. Doppalapudi Anitha of Bengaluru and others filed a complaint against Edifice Projects for failing to register their housing project. RERA imposed a fine of ₹15.2 lakh and directed the developer to immediately register the project. Misleading claims KSR Togetherments Flat Owners Mutually Aided Co-operative Society filed a complaint against 2getherments Infra Pvt Ltd, accusing the developer of misleading buyers by falsely advertising amenities and uploading an incorrect agreement for sale on the RERA portal. RERA slapped an ₹18 lakh fine on the developer and directed it to convene a general body meeting to refund or adjust maintenance charges. The developer must also transfer shops located on the ground and first floors—originally designated as common amenities—to the association, as per statutory requirements. A complaint from Archana Dhanasetty of Bansilalpet led to a ₹6.4 lakh penalty against Bhuvanteza Infra for not registering the 'Happy Homes phase I' project. Despite receiving ₹47 lakh in full payment, the developer failed to begin construction or deliver possession. RERA directed the company to refund the entire amount with 10.8% annual interest within 30 days of receiving the order.
Time of India
19-07-2025
- Business
- Time of India
RERA slaps Rs 38L penalty on realty firm for layout violations in Telangana's Mokila
HYDERABAD: The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a penalty of Rs 38.5 lakh on a realty firm for statutory violations and deviation from approved plans at a villa project in Westend Greens, Mokila, Ranga Reddy district. Tired of too many ads? go ad free now The promoter was found to have violated Sections 11, 14, and 61 of the Real Estate (Regulation and Development) Act, 2016. TGRERA directed an immediate halt to marketing or sale of villas until the project is formally registered with the authority. The complaint was jointly filed by five residents of Westend Greens - Tumpi Shome, Sailaja Nukala, Monika Singh R, Tarun Dhar, and Sandeep Josyula - who alleged the builder failed to deliver possession-ready units despite collecting full payments towards construction, taxes, clubhouse and amenity charges, and maintenance. "Approved by HMDA in 2011 for 117 villas, the project has seen sluggish progress. In over a decade, only 20 villas were declared fit for occupation, and by Feb 2024, just 30% of the construction was complete," the complainants stated pointing out that the developer applied for layout revalidation in 2017 and 2019, but failed to update buyers on its status. Despite this, the project website continued to carry the original HMDA approval, which TGRERA deemed misleading under Section 12. Residents, many of whom have been living there for two to three years, also flagged poor infrastructure. Sewage waste is being dumped in an open pit, violating National Green Tribunal norms, as no tank or treatment facility exists. The compound wall remains incomplete, high-tension cables are exposed, and water supply is erratic due to non-functional pumps. Though payments for the amenities were made, buyers were recently asked to clear dues to a liquidation services firm, raising concerns over the builder's financial health. Tired of too many ads? go ad free now TGRERA has asked the promoter to pay the penalty within 30 days and seek HMDA approvals afresh. If not obtained, the developer will be held liable under Section 18 to refund all money with compensation. Upon securing approvals, the builder must register the project under RERA within 10 days, failing which further legal action may follow.
Hans India
11-07-2025
- Business
- Hans India
TG-RERA cautions public against investing in ‘Shrivari's Brundavanam' project
Hyderabad: The Telangana Real Estate Regulatory Authority (TG-RERA) has issued a public caution against engaging in any transactions or agreements related to the real estate project 'Shrivari's Brundavanam', reportedly promoted and developed by M/s Shrivari Constructions in Bandlaguda Jagir Municipality. RERA specifically advised the public against undertaking transactions concerning the Shrivari construction, represented by its proprietor P Uma Devi, wife of Late Narayana Raju, located at Padmashri Hills, Bandlaguda Jagir Municipality, Gandipet Mandal, Ranga Reddy District. RERA stated that multiple complaints had been filed with the Authority against the Promoter and Developer M/s Shrivari Constructions regarding its real estate project, 'Shrivari'sBrundavanam', bearing TG RERA Registration No.P02400006566. The complaints allege that the project, comprising 80 flats, was being developed in joint collaboration with landowners on an equal share basis. According to the agreements of sale executed with individual allottees, possession was due by February 2023 and May 2024. However, despite substantial payments made by the allottees, the promoter failed to complete the construction and hand over possession within the agreed timelines. In light of the concerns raised and to safeguard the interests of the allottees, the Authority, following preliminary adjudication, has passed interim orders in CC No. 1/2025 Dated 23.06.2025 and its batch cases. Invoking provisions under Section 7(3) of the Real Estate (Regulation and Development) Act, 2016, the 'Shrivari'sBrundavanam' project has been placed in abeyance. Furthermore, the respondents have been restrained from marketing, advertising, booking, offering for sale, selling, or entering into any agreement or inviting any person to purchase units or flats in the said project, until further orders. Additionally, this Authority has directed the Sub-Registrar, Gandipet, Ranga Reddy District, not to entertain any registration of sale transactions related to the said project until further instructions. In view of the above, the public is strictly cautioned not to enter into any transaction or agreement related to the real estate project.
Time of India
10-07-2025
- Business
- Time of India
RERA fines agent Rs 6L for promoting unregistered flats, fraud transactions
Representative image 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 complainant's name after release of mortgage, warning of further penalties in case of delay. The case pertains to a complaint filed by Venkata Naga Sai Gupta Chegu, a bank manager from Khammam, against Aaditri Housing Pvt. Ltd, and two agents, Jakkepalli Sri Lakshmi and her husband, Jakkepalli Appa Rao. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad Sai Gupta alleged that he and his wife had transferred over Rs 1.2 crore between 2019 and 2023 for two flats in 'Aaditri's Empire'. A formal sale agreement was executed in Sept 2023 for Flat A-104. But on returning from the US in 2023, he discovered that only Rs 44.9 lakh was credited to Aaditri Housing's account. The rest, paid to the agents through various transactions, did not reach the developer. It was further alleged that receipts and documents shared via WhatsApp were fabricated in the builder's name. RERA found that Sri Lakshmi, though claiming to have merely introduced the buyer, was issued identification credentials by the developer and actively facilitated transaction.
Time of India
12-06-2025
- Business
- Time of India
Builder liable to register villa owners' association: Telangana RERA
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 continued harassment and illegal fund collection in the absence of a registered society. In his complaint, Budi Venkata Ramana, who resides in LB Nagar, said that he had purchased a villa in the project in Dec 2021 and despite paying Rs 3,41,000 for corpus and maintenance charges in Feb 2022, the promised registered villa owners' association was never formed. The villa remained unoccupied until April 2024 and was let out from May 1, 2024. In June and July 2023, he paid maintenance to one of the respondents based on an oral assurance that the society would soon be registered. However, he refused to continue payments to the unregistered group and notified the respondents in March 2024 through a legal notice that he would only pay a legally recognised society. Despite this, he claimed he was coerced into paying Rs 76,725 and that both he and his tenant faced threats, including possible utility disconnection. The authority ruled that the promoter failed to discharge the statutory duty under Section 11(4)(e) of the Real Estate (Regulation and Development) Act, 2016, which mandates enabling the formation of an association or society of allottees. This failure, it observed, directly impairs the rights of buyers and falls well within its regulatory scope. The claim by the promoter that a group of residents voluntarily managing the premises absolves it of responsibility was rejected. The duty to initiate and facilitate a registered association was termed a binding legal obligation, not a discretionary act. Respondents managing the unregistered group argued that they were collecting maintenance to ensure the upkeep of common areas, citing collective decision-making by residents. However, the authority clarified that disputes between residents or unregistered groups do not fall under its jurisdiction. It noted that Ramana had already approached the Telangana Co-operative Department in Oct 2024, which is the competent forum to address such internal matters. TG-RERA reiterated that the obligation to form a registered association and to hand over common areas was not optional. Any continued failure in this regard would invite regulatory consequences under Section 63 of the RE(R&D) Act. Simultaneously, it also held that the complainant was legally required to pay maintenance charges under Section 19(6), regardless of whether the villa was occupied, since the obligation was based on possession and not on actual use.
