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The Telangana Real Estate Regulatory Authority (TG RERA) fined developers T Madhusudhan Reddy and Sree Ram Reddy INR 19.8 lakh for failing to deliver promised amenities in the TMR Marvel villa project at Macha Bolarum. Resident N Sravanthi filed a complaint after essential infrastructure, including water supply, street lights, and a compound wall, remained incomplete despite assurances. She also incurred INR 2 lakh for additional safety measures. TG RERA ordered the developers to complete the pending work and rectify water and drainage issues immediately. This ruling reinforces TG RERA's role in protecting homebuyers and ensuring developer accountability in real estate projects.
The Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of INR 19.8 lakh on developers T Madhusudhan Reddy and Sree Ram Reddy for their failure to deliver the promised amenities in the TMR Marvel villa project, located at Macha Bolarum near Alwal. This decision was issued on 28 February in response to a complaint lodged by N Sravanthi, a resident who purchased a property in the development.
According to the details of the complaint, Sravanthi had entered into an agreement with the developers on 5 February 2018 to purchase a semi-finished villa. The developers had assured her that the property would be completed within two years and would include various amenities. The villa was officially registered in her name on 29 May 2019, and she took possession of the property on 29 January 2020. However, she later claimed that several key infrastructural elements remained incomplete, despite the developers' commitments.
Among the promised amenities that were not delivered were a proper water supply system, functional street lights, a well-constructed compound wall with solar fencing, parks, and a clubhouse. Sravanthi highlighted that the compound wall was particularly problematic, as it was poorly built, allowing stray animals and unauthorised individuals to enter the premises freely. As a result, she was compelled to spend an additional INR 2 lakh on safety installations to secure her property.
Following an assessment of the case, TG RERA ruled in favour of Sravanthi, recognising the developers' failure to fulfil their contractual obligations. The regulatory authority ordered them to pay a penalty of INR 19.8 lakh and issued strict directives for the immediate completion of all pending work. Additionally, the developers were instructed to rectify the issues related to water supply and drainage without any further delay.
The ruling emphasised the accountability of developers in ensuring that homebuyers receive the promised infrastructure and amenities within the agreed timelines. It also reinforced the role of TG RERA in safeguarding the rights of property buyers and ensuring compliance with real estate regulations. The case serves as a significant precedent, highlighting the importance of regulatory oversight in addressing grievances related to incomplete or substandard real estate projects.