Builders disregard advisories to register repeatedly despite the threat of hefty penalties by TS RERA Reflecting the obvious reluctance to be regulated, real estate developers and other players in the real estate sector, has shown a lukewarm response to the call by the Telangana Real Estate Regulatory Authority (RERA), to get registered with the Authority. To date applications from only 3100 of the estimated 5000 plus projects in the Telangana state have been received. As a result, the TS RERA has been forced to yet again extend the deadline …
Though late in setting up the much talked about Telangana Real Estate Regulatory Authority (T-RERA), and the corresponding website, the Telangana government, from all indications appears intent on making up for lost time including addressing some serious concerns of potential homebuyers. Inaugurating the T-RERA premises in Hyderabad on August 31, K T Rama Rao, Minister for Industry & Commerce, Municipal Administration & Urban Development, ITE&C, Government of Telangana said the Authority will bring transparency to the construction …
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