Hyderabad: All the Real Estate projects builders and promoters of Telangana state have been informed that the projects of layout developments approvals and the building projects taken up in the plot area of more than 500 sq mts i. e., apartments (having more than 8 units ) and commercial buildings approvals obtained in between 01-01-2017 and 31-08-2018 from the respective local bodies are to be invariable registered their projects under TS-RERA before March 31 duly paying Rs. 2 lakh as penalty.
Without Rera Registration ,No Ads Prompted
This facility has to be availed by all the real estate builders and promoters to avoid further huge penalties and action to be initiated by the TS -RERA for non registering their projects. The official teams of TS-RERA are inspecting all the metro regions of the Hyderabad city and identifying the real estate projects ( layouts and buildings) , which are taken up without registration under REM and initiating action as per provisions of TS-RERA act by issuing notices and imposing heavy penalties on the defaulters.