Telangana RERA Dismisses Complaint Over Land Dispute

Hyderabad:The Telangana Real Estate Regulatory Authority (RERA) has dismissed a complaint over a land dispute over 11 acres in Mankhal but has ordered investigation to check if the builder hid ongoing court cases while getting approval for a housing project. The complaint was filed by Asset Recovery Management Yard Pvt. Ltd which said Geethika Developers registered a residential project called Geethika’s Ensconsia on land that was under a legal dispute.

Asset Recovery Ltd claimed it acquired the land through agreements made with the landowners between 2003 and 2006. The owners later tried to cancel these agreements and filed civil and criminal cases which are ongoing. Despite this, the developer went ahead and registered the project with RERA and started construction without disclosing these legal disputes.

Geethika Developers argued that Asset Recovery Ltd had no right to file the complaint since it was neither a buyer nor a promoter under RERA. The developer claimed that the agreements were cancelled in 2006 and that Asset Recovery Ltd never challenged this cancellation. It said it had no knowledge of pending disputes when it registered the project.

RERA said Asset Recovery Ltd did not have the legal standing to pursue the case before the authority. It took note of the serious allegations related to non-disclosure of legal disputes and ordered an investigation into whether developers followed the rules properly during project registration.

Complainant, builder resolve row

A dispute between a homebuyer and real estate developer Aspire Spaces Private Limited concluded with both parties informing RERA that they had settled the matter among themselves. Gande Venkata Satyanarayana, a resident of KPHB Colony, had filed two complaints which RERA had heard. After the hearings, the buyer and the builder submitted a joint memo on attaching a copy of the memorandum of understanding (MoU) they signed between themselves stating that all issues had been settled amicably.

Home buter complains against agent

Venkata Naga Sai Gupta Chegu filed a complaint with RERA about the purchase of two flats in the residential project Aaditri’s Empire by Aaditri Housing Pvt. ltd. He claimed he paid over `1.23 crore based on trust in agents he had known for more than a decade. He later discovered that the developer had received only a portion of the money, with the rest allegedly misused by the agents, who also provided fake receipts and documents.

Aaditri Housing clarified that the agents were not authorised to collect funds on its behalf and pointed out that complainant had signed an affidavit acknowledging this. The company said it had issued valid receipts for the money paid to them and entered into a formal agreement for one of the two flats.

After examining the case, RERA found that some of the payments were made before the project had received official registration. Given the existence of a valid agreement for one flat, the authority directed the developer to complete construction and transfer the property to the complainant.

The authority also imposed a penalty on the agent for failing to register and for facilitating the sale before the project’s registration under RERA.