Telangana RERA imposes penalty of Rs 1.08 lakh against city-based real estate projects
The RERA order directed the respondents to refund the entire amount received from the complainant, Mercy Thankachan, from Drew Drops Colony, Secunderabad, with interest of 11 percent per annum.
Hyderabad: The Telangana Real Estate Regulatory Authority (TG RERA) on Monday released orders related four different complaints.
In the first instance, chairman, TG RERA, N Satyanarayana imposed a penalty of Rs 1,08,800 on respondents, Devas Infra Ventures (Ameerpet) and Bhuvanteza Infra projects (Banjara Hills), for carrying out real estate transactions in violation of Real Estate (Regulation & Development ) Act, 2016.
The RERA order directed the respondents to refund the entire amount received from the complainant, Mercy Thankachan, from Drew Drops Colony, Secunderabad, with interest of 11 percent per annum.
In the second order, RERA directed respondents Chilkamari Sateesh, Badralolu Madhusudhan Reddy, Rudraram Kiran Goud, HMDA and District Registrar and Joint Sub Registrar to upload details of pending litigation (O.S. No. 114 of 2024) on its web-page. TG RERA, which was responding to a complaint by Anuj Raj, Shiv Bagh, Ameerpet, directed them to immediately notify all allottees, through individual written communication, of the pendency of this litigation.
In the third instance, T G RERA directed respondents that interim order shall apply to all the complaints of Shrivari’s Brundavan Owners Association, Langer Houze, Golconda, who approached RERA against the respondents for failure to complete the project on time.
In the fourth order, RERA, which was approached by 28 individual complainants, owners of Waterfront villas, Patelguda road, Patancheru, directed respondents GT Infra Projects Pvt Ltd, Devansh Infra Pvt Ltd of Banjara Hills to complete all pending works on schedule.
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