Only 25% projects are RERA compliant in Telangana
Dated on: Monday 13th January 2020As per the latest record, only 25% projects in Telangana are RERA compliant. The most common violations: advertising and selling without registration number, denying compensation to customers as mentioned in the act and employing marketing agents who are not Rera-certified.Rera officials, however, maintain that they are dealing with violations strictly. “We take action each time a matter is brought to our notice. So far, we have issued 60-70 showcause notices to various projects and imposed fine on 160 of them – of between Rs 50,000 and Rs 3 lakh. In one case, we imposed a fine of Rs 14 lakh while two others were penalized for Rs 25 lakh,” said an official.
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