RERA

Penalty for Violating Real Estate Regulations The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a penalty of Rs 4.2 lakh on a real estate builder for breaching Sections 3 and 4 of the Real Estate (Regulation and Development) Act (RERA). The penalty was levied after it was discovered that the developer promoted and advertised the "Sanali Pinnacle" project without registering it with...

Telangana RERA Fines Builder Rs 13.74 Lakh for Agreement of Sale Violations The Telangana State Real Estate Regulatory Authority (TGRERA) recently imposed a fine of Rs 13,74,436 on a builder for failing to adhere to the stipulated format of the Agreement of Sale while selling an apartment. The builder was also penalized for not registering the Agreement of Sale, both of which are violations under the Real...

In a recent ruling, the Telangana Real Estate Regulatory Authority (RERA) imposed a penalty of ₹4,50,645 on SK Constructions & Developers for failing to deliver promised amenities to flat owners. The case arose when a homeowner filed a complaint against the builder, B.R. Mohan Reddy, Managing Director of SK Constructions & Developers, alleging that essential facilities such as a play area, gym,...

In a significant move to uphold regulatory standards in the real estate sector, the Telangana State Real Estate Regulatory Authority (TSRERA) has imposed a penalty of ₹19.80 lakh on TMR Infra Tech. This action stems from the company's collection of advance payments from customers for its TMR Marvel Villas project prior to obtaining the necessary TSRERA registration. Background of the Violation TMR...