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Telangana RERA to penalize builders with Rs 50,000 failing to register with RERA

Dated on: Saturday 1st December 2018

In a circular dated 29.11.2018 RERA Telangana has decided to levy a penalty of Rs 50,000 for registration of ongoing project.TSRERA has decided to keep the process of registration of ongoing projects open till 07 December 2018 for which permission has been taken between 01-01-2017 to 31-08-2018 from the competent authorities.It also stated that it would not be appropriate to reject applications after the last date of November 30, TS RERA said after the application is filed by a promoter from December 1 to 7, RERA would communicate the same through a notice or email asking them to pay the online penalty for registration.

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