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The Telangana Real Estate Regulatory Authority (TGRERA) has directed a builder to register 'RDB Coconut Grove Apartment' under RERA and imposed a penalty of INR 6 lakh for non-compliance. The order follows a complaint from the residents' society, which accused the builder of failing to provide promised amenities and leaving parts of the project incomplete. While the builder defended the delays by citing pre-RERA approvals and a legal dispute, TGRERA ruled that ongoing construction necessitated compliance. The authority has given the builder 90 days to complete pending work and 45 days to register the project, warning of further penalties for non-compliance.
The Telangana Real Estate Regulatory Authority (TGRERA) has ordered a builder to register its residential project, 'RDB Coconut Grove Apartment,' under the Real Estate (Regulation and Development) Act (RERA) and imposed a penalty of INR 6 lakh for non-compliance. Advertisement
This directive came after a complaint from the Coconut Grove Flat Owners' Maintenance Mutually Aided Cooperative Society Limited. The society, representing over 500 flat owners, claimed that the builder failed to deliver promised amenities and left key parts of the project unfinished. Despite multiple requests, the builder allegedly did not address concerns, prompting the residents to seek recourse under RERA.
The complainants highlighted that while they purchased flats based on the developer's assurances, several essential facilities, including a clubhouse, outdoor gym, water connections, fire safety systems, and elevators, remained incomplete. Frustrated by the lack of response from the builder, they escalated the matter to the regulatory authority.
In defense, the developer argued that the project's building permissions were obtained in 2013, before the implementation of RERA in 2017. The builder claimed that six out of eight towers were completed according to the agreed specifications and that possession had been handed over to buyers. Additionally, the developer pointed to an ongoing legal dispute over the land designated for the clubhouse as the reason for construction delays.
After reviewing the case, TGRERA concluded that the project remained incomplete and was not registered under RERA, despite ongoing construction and continued marketing of apartments. The authority declared this to be against the Act and fined the builder INR 6 lakh.
As part of the order, the builder must complete all pending work within 90 days and register the project within 45 days. The developer is not allowed to sell or market any units until the registration process is finished. Failure to comply may result in further penalties under RERA regulations.
The TGRERA ruling underscores the importance of regulatory compliance in Hyderabad's real estate sector, ensuring that developers fulfill their commitments to homebuyers. By enforcing RERA registration and imposing penalties for non-compliance, the authority aims to hold builders accountable for project delays and unfulfilled promises. This decision also reinforces the rights of homebuyers, providing them with a legal framework to seek redress for incomplete or misrepresented projects. As regulatory oversight strengthens, buyers are likely to benefit from improved transparency and adherence to construction timelines.
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