Hyderabad: Six Real Estate Firms Served Notice for Flouting Norms
6 months, 3 weeks ago

Hyderabad: Six Real Estate Firms Served Notice for Flouting Norms

Deccan Chronicle  

Hyderabad: The Telangana Real Estate Regulatory Authority has served notices to six real estate companies for flouting norms which include pre-launch sales. One of the companies, Bharti Lake View Towers, had reportedly cheated 350 people of Rs.60 crore. The others who were issued notices were Pragya Ecospring, Sri Siddi Vinayaka Property Developers in Chintalkunta, North East Habitation, VR Promoters and Developers, Invest Infra Project and Bharti Lake View Towers. “We have served notices based on complaints from people, online “Only after these real estate companies reply to us that we will get to know whether they at least have a sale deed or a physical site in place,” said Srinivasa Rao.

History of this topic

TGRERA cautions people against property ads on social media
3 months, 1 week ago

Discover Related