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Telangana RERA Orders Bhrigu Infra to Refund Rs. 20 Lakh

Dated on: Thursday 14th November 2024

The Telangana Real Estate Regulatory Authority (RERA) has directed Bhrigu Infra, a real estate developer, to refund Rs. 20 lakh to a buyer who had paid for a plot that was not registered as promised. The buyer had entered into an agreement with the developer for the purchase of the plot, but the plot was not registered under RERA, which is mandatory for real estate transactions in the state. RERA found the developer in violation of the rules and ordered the refund of the amount paid along with interest.This decision underscores the importance of RERA registration for developers and offers protection to buyers against such defaults.

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