HYDERABAD: Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of 19.8 lakh on developers T Madhusudhan Reddy and Sree Ram Reddy for failing to provide promised amenities in TMR Marvel villa project at Macha Bolarum near Alwal. The ruling was issued on Feb 28 in response to a complaint filed by N Sravanthi, a resident, against the developers.
According to the complaint, Sravanthi entered into an agreement with the developers on Feb 5, 2018, to purchase a semi-finished villa. They assured completion within two years along with various amenities. The property was registered on May 29, 2019, and she took possession on Jan 29, 2020. However, she alleged that key infrastructure, including water supply, street lights, compound walls with solar fencing, parks, and a clubhouse, remained incomplete.
Sravanthi said the compound wall was inadequately constructed, allowing stray animals and unauthorised individuals to enter the premises, leading her to incur additional expenses of 2 lakh for safety installations.
TG RERA directed immediate completion of remaining work and mandated rectification of water supply and drainage issues without delay.
Hyderabad: Telangana Real Estate Regulatory Authority (TG RERA) has imposed a penalty of 19.8 lakh on developers T Madhusudhan Reddy and Sree Ram Reddy for failing to provide promised amenities in TMR Marvel villa project at Macha Bolarum near Alwal. The ruling was issued on Feb 28 in response to a complaint filed by N Sravanthi, a resident, against the developers.
According to the complaint, Sravanthi entered into an agreement with the developers on Feb 5, 2018, to purchase a semi-finished villa. They assured completion within two years along with various amenities. The property was registered on May 29, 2019, and she took possession on Jan 29, 2020. However, she alleged that key infrastructure, including water supply, street lights, compound walls with solar fencing, parks, and a clubhouse, remained incomplete.
Sravanthi said the compound wall was inadequately constructed, allowing stray animals and unauthorised individuals to enter the premises, leading her to incur additional expenses of 2 lakh for safety installations.
TG RERA directed immediate completion of remaining work and mandated rectification of water supply and drainage issues without delay.
Source Homevior.in
