In a significant victory for MCOR apartment members, the Telangana State Real Estate Regulatory Authority (TG RERA) has ordered a real estate firm to hand over the physical possession of common areas and adhere to the sanctioned plans.
Real EstateTg ReraMcor ApartmentCommon AreasRera Act 2016Real Estate NewsMay 31, 2025
The main issue addressed by the TG RERA order is the handover of common areas and adherence to the sanctioned plans by the real estate firm MCOR LLP Projects.
If the real estate firm does not adhere to the sanctioned plans, it will face penal consequences as per the RERA Act 2016.
The MCOR apartment members faced issues such as reduced parking space, the creation and sale of additional parking slots, and the threat of the children's play area being occupied for personal use by the real estate firm.
The apartment members received the occupancy certificate in June 2023.
The TG RERA order states that the stilt floor car parking consists of 25 parking lots, and the real estate firm should strictly adhere to this plan.
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