Hyderabad's real estate market has seen a significant push for quality and safety measures, with the latest directive issued to the builders of Noveo Homes to address water seepage issues and provide comprehensive solutions.
Hyderabad Real Estate MarketTgreraNoveo HomesWater SeepageReal Estate RegulationReal Estate NewsApr 28, 2025
The main issue with Noveo Homes in Hyderabad is water seepage, which has been reported by residents in several units, leading to dampness, potential structural issues, and health concerns.
The Telangana Real Estate Regulatory Authority (TGRERA) has ordered the builders of Noveo Homes to investigate and address the water seepage problems.
TGRERA is the Telangana Real Estate Regulatory Authority, established under the Real Estate (Regulation and Development) Act, 2016. Its role is to ensure transparency, fairness, and accountability in the real estate sector and protect the interests of homebuyers.
The builders of Noveo Homes have acknowledged the issues and pledged to take immediate action. They have committed to conducting thorough inspections and providing a detailed report on the extent of the water seepage and the necessary corrective measures.
This case highlights the growing emphasis on quality and safety in the real estate market. It underscores the importance of regulatory oversight and the responsibility of builders to uphold high standards in construction and maintenance, which is crucial for building trust in the real estate sector.
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