Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
← back
Informative
TGRERA slaps Rs. 35 cr penalty on 1K projects
Update / Judgement Date
26 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
RERA & Property Act
The Telangana Real Estate Regulatory Authority (TGRERA) imposed a penalty of Rs. 35 crores on over 1,000 real estate projects for non-compliance with regulatory norms. The penalties are part of TGRERA’s efforts to enforce transparency and accountability in the real estate sector. The affected projects failed to register or adhere to regulatory requirements, leading to the hefty fines. This move is seen as a significant step toward bringing order to the real estate industry in Telangana and ensuring that developers comply with statutory obligations.
