The Telangana Real Estate Regulatory Authority (TGRERA) has imposed penalties totalling nearly Rs 29 lakh on two Hyderabad-based builders for violating RERA provisions. The action follows complaints of construction defects, non-registration of projects, and failure to refund buyers
The Telangana Real Estate Regulatory Authority (TGRERA) has ordered Hyderabad-based Jayathri Infrastructure India to refund Rs. 11.25 lakh, with 10.80% interest, to a buyer for failing to deliver on a commercial property deal.
TG RERA chairman N Satyanarayana and two other members issued orders on July 19 and directed the respondent to pay a penalty and refund the entire amount as per the sale agreement, with interest at the rate of 11%, within 30 days.
TGRERA has ordered Prathima Infrastructure to register its Gopanpally-based villa project, Pristine Estates, and obtain occupancy certificates within 30 days. The move comes after villa owners alleged non-provision of amenities and misuse of corpus funds collected for community maintenance.
TG RERA has directed builder Prime Infratech and its partners to register an association of allottees within 45 days. Villa owner Budi Venkata Ramana accused them of collecting unauthorized funds and failing to register the promised society.
TGRERA fined Rs 12 lakh and ordered to complete and hand over villa to complainant. The Complainant was also ordered to pay the balance amount to the builder
TGRERA has restrained Ayyanna Infra from selling a flat in its Hyderabad project, Ayyanna Prima, after finding the builder cancelled the sale agreement unilaterally. The Authority rejected the builder’s justification and directed that status quo be maintained until final adjudication
Builders of Noveo Homes was ordered to complete works of a flat and check water seepage issue and also provide a working electricity connection in Hyderabad
TGRERA imposed a penalty of Rs.9.96 lakh on Krithika Infrastructure Private Limited for engaging in marketing and advertising in violation of different rules.
TGRERA has directed Saketh Engineers to display maintenance finances and fix critical construction defects at Saket Pranamam, a senior citizen living complex in Hyderabad, following complaints from residents about safety hazards and service lapses.
A flat owner in a high-rise construction can not undertake alterations or structural modifications which could affect the structural stability of the structure, ruled the Real Estate Regulatory Authority
A builder who used an agreement of sale which was different from the one he submitted to the TGRERA, while registering the building, was ordered to pay penalty
The Authority directed the developer to refund payments to buyers and prohibited it from entering into any further development agreements. It also instructed that the developer's details, along with photographs of the promoters, be posted on the TGRERA website under the list of defaulters.
