Hyderabad Real Estate Firms Hit with Penalties for Non-Compliance
January 23, 2025 - 22:08
Hyderabad: The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of ₹2 crore on several real estate firms for failing to comply with regulatory norms. This action underscores the authority's commitment to enforcing transparency and accountability within the real estate sector. The firms in question were found to have violated various provisions of the Real Estate (Regulation and Development) Act, which aims to protect the interests of homebuyers and ensure fair practices in the industry.
The TG RERA has been actively monitoring the activities of real estate developers to ensure they adhere to the established guidelines. Non-compliance not only affects buyers but also tarnishes the reputation of the real estate market in Hyderabad. Authorities have urged all developers to familiarize themselves with the regulations and maintain compliance to avoid penalties. The TG RERA's stringent actions serve as a reminder to the industry about the importance of ethical practices and consumer protection in the ever-evolving real estate landscape.
MORE NEWS
June 22, 2026 - 01:57
Arbitrator Awards $1.34 Billion in Real Estate Fraud Case Tied to Laguna Beach PortfolioA private arbitrator has awarded a massive $1.34 billion judgment to real estate investor Mohammad Honarkar, ruling that a joint venture partner defrauded him and caused the collapse of his...
June 21, 2026 - 18:08
Connecticut realtor says new law will help buyers and sellersNEW HAVEN, Conn. -- A new piece of legislation in Connecticut is set to change how homes are bought and sold, with a focus on cutting down on secret deals and making the process clearer for...
June 21, 2026 - 08:41
REAL ESTATE | 54+ Acres of Industrial-Zoned Land with flexible future use in Hartford, Wi | By Emmer Real Estate GroupA substantial 54-plus acre parcel of industrial-zoned land is now available in Hartford, Wisconsin, offering significant flexibility for future development. The property, marketed by Emmer Real...
June 20, 2026 - 22:33
JWB Real Estate leads parade of early-June Donna Deegan donorsA familiar financial backer of Mayor Donna Deegan`s administration has once again stepped forward with a significant contribution. JWB Real Estate, a firm that has consistently supported the...