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Telangana RERA has penalised Ashritha Group with a fine of INR 3 lakh after two homebuyers complained about irregularities in its "Jewels County" project in Jubilee Hills, Hyderabad. The buyers alleged the builder failed to register their flats or issue receipts and threatened to cancel agreements without valid reasons. RERA found that despite executing sale agreements, the builder didn't register the units, violating RERA norms. The authority has now ordered Ashritha to complete registrations, subject to payment milestones. This is among several recent actions by RERA, including penalties against developers of "Happy Homes-1", "Aura Velimala Phase-1" and "Shrivari's Brundavanam" for non-compliance and unregistered sales.
Following complaints from two homebuyers who booked flats in the "Jewels County" residential project located in Jubilee Hills, Hyderabad, the Telangana Real Estate Regulatory Authority (RERA) has taken action against the developer, Ashritha Group. The buyers alleged that the builder failed to register their respective flats and refused to provide receipts after taking payments. They also accused the developer of threatening to cancel their agreements without justification. Advertisement
RERA's investigation revealed that the agreements for sale were executed, but the builder did not fulfil its obligation to register the units under the buyers' names-violating provisions under Section 11(5) of the Real Estate (Regulation and Development) Act. In its ruling, the authority directed Ashritha Group to execute and register the flats in the names of the complainants, subject to the completion of milestone-based payment schedules as per the agreement terms.
The builder argued that the agreements had been cancelled due to alleged default in payments and that refund options were communicated, though the complainants did not respond. However, RERA rejected this justification, ruling that the developer failed to carry out its statutory responsibilities and acted in a manner inconsistent with the RERA framework. As a result, the regulatory body imposed a monetary penalty of INR 3 lakh on Ashritha Group, instructing that the amount be deposited in the regulatory fund within 30 days of the order.
This case is not isolated. In recent months, Telangana RERA has acted firmly against multiple developers. Notably, in the "Happy Homes-1" project, the developer was fined INR 6.45 lakh and ordered to refund a buyer after failing to meet project registration norms. Similarly, in the "Aura Velimala Phase-1" project, a penalty of INR 14.9 lakh was imposed and the developer was directed to refund 62 buyers with 11% interest due to delays and unregistered sales. In another instance, the authority issued a restraining order on the "Shrivari's Brundavanam" project, halting further sales following a series of buyer complaints.
RERA's recent focus has been on improving accountability among real estate developers in the state. With its newly empowered enforcement wing now able to act without district administration intervention, the authority has begun initiating swift penalties and corrective orders to protect homebuyers from irregularities and non-compliance.
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