🏛️ TG RERA slaps big fines on four real estate projects
The Telangana RERA has imposed penalties totaling ₹67.62 lakh across four real estate projects for breaking the Real Estate (Regulation and Development) Act, 2016. These orders, issued on August 6, affected projects by AV Infracon Private Limited, SVM Aditya Homes, and Adhuri Infra Private Limited. SVM Aditya Homes faced the biggest fine of ₹43.16 lakh for its ‘Tech Homes’ project, among others. The violations included selling units and collecting money without mandatory RERA or HMDA approval. Promoters have 30 days from receiving the orders to pay the penalties to the TG RERA Fund.