Real Estate: RERA Orders Builder to Refund Buyers for Project Delay in Telangana
Real Estate

Real Estate: RERA Orders Builder to Refund Buyers for Project Delay in Telangana

Telangana RERA has directed R Homes Realtors Global LLP to refund six buyers due to delays in the Jai Vasavi ORR Heights project at Beeramguda. The builder promised possession within 30 months but only completed initial digging after over two years and altered plans without buyer consent. RERA ...

Telangana RERA has directed R Homes Realtors Global LLP to refund six buyers due to delays in the Jai Vasavi ORR Heights project at Beeramguda. The builder promised possession within 30 months but only completed initial digging after over two years and altered plans without buyer consent. RERA found violations including collecting money before project registration and approvals. Buyers can cancel bookings and get refunds, but no interest, as the project completion deadline is September 2025. The builder must also pay a Rs 60.6 lakh penalty within 30 days.Contact: RERATel: 040-29394973Email: rera-maud@telangana.gov.inWebsite: https://rera.telangana.gov.in/(Image source: Freepik)

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