The Telangana Real Estate Regulatory Authority (TGRERA) has taken strong action against multiple developers for violating the provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA). The recent rulings highlight the regulator’s commitment to protecting homebuyers from fraudulent practices, illegal sales, and project delays.
Krithika Infra Developers Ordered to Refund Buyer with Interest
TGRERA directed Krithika Infra Developers, based in LB Nagar, to refund ₹54,26,190 to a homebuyer along with 10.75% annual interest. The refund will be calculated from November 5, 2022, the date of the sale agreement.
The ruling came after the developer collected the full amount in instalments but failed to begin construction of its project, Sheshadri’s Silver Oak, located in Survey No. 215, Boduppal village, Medipally mandal, Medchal–Malkajgiri district.
TGRERA observed that the pre-launch sales conducted by the company were illegal, and the failure to commence construction was a clear violation of the RERA Act.
Jayathri Infrastructures Penalised for Unregistered Sales
In another case, Jayathri Infrastructures, located in Kukatpally Housing Board Colony Phase 6, was penalised ₹18,35,000. The developer was found guilty of selling a flat in its Sky Exotic project at Gopanpally without registering the project with TGRERA.
The authority stressed that no developer can advertise, market, or sell flats without prior RERA registration, as mandated under the law.
Sunrise Constructions Fined for Delaying Sale Deed
Sunrise Constructions, operating in Ramchandrapuram, faced a ₹5 lakh penalty for delaying the execution of the sale deed in its Sunrise Abode project.
TGRERA directed the developer to not only pay the penalty but also register the flat in the complainant’s name within 30 days, ensuring that the buyer’s rights were protected.
Significance of the Orders
These rulings highlight the firm stance of TGRERA against developers who mislead buyers through illegal pre-launch sales, unregistered projects, or by delaying legal formalities. With increasing complaints from homebuyers across Hyderabad and other parts of Telangana, the regulator is strengthening accountability in the real estate sector.
The orders also serve as a warning to developers that non-compliance with RERA norms will result in strict financial and legal consequences, while homebuyers are assured of timely redressal of grievances.
Conclusion
The recent decisions by TGRERA reinforce the regulator’s role as a watchdog of the real estate sector in Telangana. By ordering refunds with interest, imposing heavy penalties, and ensuring timely registration of properties, TGRERA is working to restore trust, transparency, and fairness in housing transactions.