Introduction
Telangana RERA has imposed fines on DLF Gayatri and Krithika Developers for violating regulations related to real estate projects. The fines were levied due to non-compliance with transparency and accountability measures set forth by the Real Estate (Regulation and Development) Act. DLF Gayatri and Krithika Developers were found to have failed to provide accurate information to homebuyers, leading to dissatisfaction and complaints.
Table of Contents
- TGRERA Acts on Buyer Complaint Against DLF-Gayatri Project
- TGRERA Fines DLF Garden City Developers ₹2.5 Lakh
- TGRERA Fines Krithika Infra Developers ₹9.96 Lakhs
- Katchala Nanaji Files Complaint Against Krithika Developers
- The Details Behind Telangana RERA’s Fine
- Why Is Telangana RERA’s Action Significant?
- Frequently Asked Questions
Telangana RERA has imposed a fine of ₹2.5 lakh on DLF Gayatri Developers for violating regulations related to real estate projects. The fine was issued after an investigation found that the developer had failed to comply with certain provisions of the Real Estate (Regulation and Development) Act. The violations included delayed possession of properties and failure to provide necessary documents to homebuyers. Telangana RERA aims to ensure transparency and accountability in the real estate sector by enforcing regulations strictly.
TGRERA Acts on Buyer Complaint Against DLF-Gayatri Project
The Telangana Real Estate Regulatory Authority (TGRERA) took action based on a complaint filed by Savitha Malhotra, Babitha Gupta, and others, who accused the developers of non-compliance and misrepresentation. The project, initially launched in 2012 as a premium residential township, was a joint venture between DLF India Ltd. and Gayatri Infra Pvt. Ltd.
The complainants claimed that although the developers obtained layout approvals from the HMDA in 2012, they failed to register the project under RERA after the Act was enforced in 2017. The buyers also alleged that the developers misrepresented key facts. Did not secure completion or occupancy certificates, and violated HMDA conditions, such as failing to complete development work and release the promised land.
TGRERA Fines DLF Garden City Developers ₹2.5 Lakh
The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a fine of ₹2.5 lakh on the developers of DLF Garden City in Nandigama. Rangareddy district, for failing to register the project under the Real Estate (Regulation and Development) Act, 2016 (RERA). This action was taken in response to a complaint filed by Savitha Malhotra, Babitha Gupta, and others, who accused the developers of non-compliance and misrepresentation.
According to the complainants, they were drawn to the project by the developers’ promises and entered into agreements, making payments. However, they later discovered that the project land, covering 4,38,558 square metres, was jointly owned by three other entities.
- Livana Builders and Developers Pvt. Ltd
- Latona Builders and Constructions Pvt. Ltd
- Chamundeswari Builders Pvt. Ltd
TGRERA Fines Krithika Infra Developers ₹9.96 Lakhs
The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a penalty of ₹9.96 lakh on Krithika Infra Developers Private Limited for violating several regulations. The company was found guilty of failing to apply for RERA registration. Executing sale agreements before registration and delaying the completion of flat construction beyond the promised deadline.
This penalty follows a complaint filed by Katchala Nanaji against the developer, leading to TGRERA’s decision on December 31, 2024. The authority’s ruling serves as a reminder of the importance of compliance with real estate regulations to protect buyers’ rights and ensure timely project delivery.
Katchala Nanaji Files Complaint Against Krithika Developers
In October 2021, Katchala Nanaji agreed with Krithika Infrastructure Developers Private Limited to purchase a flat at Sheshadri’s Silver Oak in Beeramguda. The flat, located on the fifth floor of Block A, spans 1,594 square feet and includes an undivided share of 35.4 square yards along with one car parking space. To secure the property, Nanaji made an advance payment of ₹2,500 per square foot, amounting to ₹33,84,200.
However, the developer failed to deliver the flat by the promised deadline of March 2024. Nanaji then approached TGRERA, stating that the company had not begun the construction work and had failed to obtain necessary approvals, including RERA registration and loan clearances. Despite numerous follow-ups and meetings with company representatives, there was no clear response regarding the completion of the flat within the agreed timeline.
The Details Behind Telangana RERA’s Fine
The fine was levied due to alleged violations of RERA guidelines, which could include project delays, lack of proper registration, or misleading buyers. While the exact reasons for this penalty are yet to be clarified, this action serves as a warning to other developers to strictly adhere to the provisions of the RERA Act, 2016.
Telangana RERA has been proactive in taking strict measures against developers who fail to comply with the regulations. Its primary aim is to foster trust between developers and buyers by promoting transparency and accountability. The fine on DLF Gayatri Developers highlights the authority’s no-nonsense approach toward developers who flout the law.
Why Is Telangana RERA’s Action Significant?
The penalty not only acts as a deterrent but also protects the interests of buyers. Many homebuyers often fall victim to false promises and delayed deliveries. TGRERA’s consistent actions ensure that developers remain accountable for their projects, enhancing confidence in the real estate market.
For developers, this incident is a clear signal to maintain compliance with RERA guidelines, including proper project registration, timely updates to buyers, and fulfilment of commitments made during the sales process.
Conclusion
This demonstrates the commitment of Telangana RERA to enforcing regulations and holding developers accountable for their actions. It also serves as a warning to other developers to comply with regulations to avoid similar fines in the future. Developers should take this as a reminder to prioritize transparency and compliance with regulations in their projects to avoid facing penalties. This moves by Telangana RERA sets a precedent for the real estate industry in the state to prioritize ethical practices and accountability.
| Also read RERA in Telangana: Benefits of the RERA Act for Property Buyers The Telangana government introduced the Real Estate Regulatory Authority (RERA) in 2016. It is providing the project change in the real estate sector. They were located in the project that has trusted the RERA authority under the registration projects. The main goal of RERA is to bring transparency and accountability to the real estate sector. Telangana RERA: Agent Registration, Fees & Rules and Regulations The real estate sector in India has long been associated with corruption. This led to widespread mistrust among potential investors. To combat these issues and establish a more transparent system, the Government of India introduced the RERA Act (TS RERA) in 2016. All the state governments, including Telangana, have gradually passed this Act. |
Frequently Asked Questions
Q. What is Telangana RERA?
A. Telangana RERA is the state-level regulatory authority established under the Real Estate (Regulation and Development) Act, 2016, to oversee and regulate the real estate sector in Telangana.
Q. What is the Telangana RERA full form?
A. TS RERA stands for Telangana Real Estate Regulatory Authority. It’s an authority that regulates and promotes the real estate sector in Telangana.
Q. Why was DLF Gayatri Developers fined ₹2.5 lakh?
A. The fine was imposed for non-compliance with RERA guidelines, though specific details of the violation are yet to be disclosed.
Q. How does RERA protect homebuyers?
A. RERA ensures transparency, timely project delivery, and fair practices in the real estate sector. It holds developers accountable for any violations or delays.
Q. What steps should developers take to comply with RERA?
A. Developers should register projects under RERA, provide accurate updates to buyers, and ensure timely completion of projects to avoid penalties.