H
yderabad: The Telangana Real Estate Regulatory Authority (TG RERA) has penalized DLF Gayatri Developers and three other real estate entities for selling plots without registering their project under TG RERA. Eight individuals filed a complaint alleging that the developers marketed plots in Nandigama village, Kothur mandal of Rangareddy district, as part of the 'DLF Garden City' high-end residential layout without obtaining required registration.
The 108-acre project received draft layout approval from HMDA in 2012 with conditions, including completion of development works and release of mortgaged land. However, the developers allegedly failed to disclose these restrictions adequately to buyers. Following the RERA Act in 2016 and Telangana RERA Rules in 2017, ongoing projects without a completion or occupancy certificate were required to register with TG RERA.
The complainants argued that the developers did not register the project despite being aware of the requirement, claiming an exemption as the project was initiated before the rules came into effect. However, no completion or occupancy certificate was obtained before January 1, 2017, disqualifying the project from exemptions under the law. TG RERA ruled on January 21 that the project qualified as ongoing and imposed a penalty of Rs 2.5 lakh under section 59 of the Act, emphasizing it as a deterrent against similar violations.
