Telangana: RERA Acts Tough Against SLN Infra, Fortune Infra
The developer claimed that the project consisted of nine villas meant for family use, and did not require registration: Reports
HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has taken strict action against SLN Infra Projects and Fortune Infra Developers Pvt. Ltd, imposing steep penalties for the violation of the Real Estate (Regulation and Development) Act, 2016.
In the first case, RERA imposed a penalty of ₹10.77 lakhs on SLN Infra Projects for advertising and marketing its SLN Sundaram Palm Villas project at Bongloor without registering. The proceedings began after a complaint alleged that the project was being promoted despite lacking mandatory registration.
The developer claimed that the project consisted of nine villas meant for family use, and did not require registration. However, TG RERA found brochures and online advertisements showing that the project comprised around 40 villas with common amenities and was being marketed to the public.
The authority directed the developer to register the project within 10 days, while stopping all sales and marketing activities until then.
In the second case, RERA imposed a fine of ₹7.59 lakh on Fortune Infra Developers after a newspaper advertisement for its registered Fortune Butterfly City project failed to display the mandatory TG RERA registration number and statutory details. The advertisement had been published by a plot purchaser who claimed he was unaware of the legal requirement.
The authority ruled that the promoter remained responsible for ensuring that all advertisements related to its project complied with the law, regardless of who issued them.
It also imposed a separate penalty of ₹94,980 on the purchaser for acting as a real estate agent without obtaining registration under the Act.
RERA directed Fortune Infra to issue written instructions to all buyers, warning them not to publish advertisements without including the mandatory registration details. The Authority also cautioned that any future violations would invite stricter penalties under the law.