Real Estate Fraud: BVR Infra Accused of Selling Disputed Plots, Delaying Registration
Suresh Kumar paid a token amount of Rs 6.50 lakhs to purchase 200 sqyards of land in SV Electronics City-III in Maheshwaram, but the builder has not registered the plot, citing litigation issues.
Real Estate FraudBvr Infra DevelopersHyderabadSv Electronics City IiiMaheshwaramReal Estate NewsJun 23, 2024
Suresh Kumar contacted the builder, B Venkateswarulu, and visited the BVR Infra developer's office in LB Nagar to inquire about the registration status of his plot. However, the builder blamed the delay on litigation issues and the Hyderabad Metropolitan Development Authority (HMDA) delayed the final approval for over 200 plots in his venture.
Victims have taken to social media to express their anger and frustration with the builder. Rathna Kumar said, 'This company has cheated my friend, and many cases have been filed against it at the LB Nagar Police Station. Additionally, all the 5-star reviews are fake as per my knowledge.' Neeraja Koneti said, 'They are cheaters and try to cheat people by looting their hard-earned money. Never trust the owner and his assistant - Venkatesh and Madhu. These kinds of people should be kept behind bars for cheating people.'
Information BVR Infra Developers is a real estate company based in Hyderabad, known for its residential projects. However, this incident has raised serious questions about the company's credibility and practices.
Hyderabad Metropolitan Development Authority (HMDA) is the urban planning agency responsible for the development of Hyderabad.
Frequently Asked Questions
What is the issue with BVR Infra Developers?
BVR Infra Developers has been accused of selling disputed plots and delaying registration.
How much did Suresh Kumar pay for the plot?
Suresh Kumar paid a token amount of Rs 6.50 lakhs for the plot.
Why did the builder delay the registration?
The builder blamed the delay on litigation issues and the Hyderabad Metropolitan Development Authority (HMDA) delayed the final approval for over 200 plots in his venture.
Have victims taken any action against the builder?
Yes, victims have taken to social media to express their anger and frustration with the builder, and some have even approached the LB Nagar police for justice.
What is the response of the Hyderabad Metropolitan Development Authority (HMDA) to the issue?
The Hyderabad Metropolitan Development Authority (HMDA) has not commented on the issue yet.
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