Informative

Telangana RERA Orders Refund To Homebuyers And Imposes ₹1.16 Crore Penalty On Jayathri Infrastructures For Selling Unregistered Project

Update / Judgement Date

12 Aug 2024

Source

Live Law

Author

Team — WCP Legal Desk

Reading Time

1 min read

Consumer Protection ActCorporate Law & GovernanceRERA & Property Act

Telangana Real Estate Regulatory Authority (RERA) has directed Jayathri Infrastructures to refund homebuyers and pay a penalty for selling an unregistered project. The ruling highlights the importance of compliance with RERA regulations, ensuring that developers adhere to the legal requirements before marketing projects. This decision protects homebuyers' rights and promotes accountability in the real estate sector, reinforcing the role of RERA in regulating property transactions.

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Telangana RERA Orders Refund To Homebuyers And Imposes ₹1.16 Crore Penalty On Jayathri Infrastructures For Selling Unregistered Project

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