TelanganaRERA
Telangana RERA orders Rs 79 lakh villa refund and Rs 1.03 crore penalty
· Reported by The Times of India
Telangana RERA ordered a builder to refund Rs 79 lakh with 10.7 percent annual interest after a villa in Pasumamula remained unfinished. The authority also imposed a Rs 1.03 crore penalty for marketing and selling units without project registration; the case proceeded without the builder and agent after they failed to appear.
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