TG RERA Orders Real Estate Firm to Hand Over Common Areas to MCOR Apartment Members
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 TG RERA order, issued on May 17, clearly states that the respondent should strictly adhere to the sanctioned plans as approved by the competent authority. Any deviation from these plans will result in penal consequences as per the RERA Act 2016.
“The real estate firm is restrained from interfering in any manner with the administration, control, or use of the common areas, as such rights exclusively vest with the MCOR apartment association upon issuance of the occupancy certificate,” according to orders issued by TG RERA chairman N Satyanarayana and RERA members K Srinivasa Rao and Laxminarayana Jannu.
The complainant, MCOR apartment members who are also allottees and residents of the project known as ‘Darbar’ developed by the respondent, had complained to TG RERA about several issues. According to the sanctioned layout plan, each flat was to be allotted a parking space of 125 sft. However, the respondent provided only 100 sft of parking per flat, reducing the allotted space and carving out five additional parking slots. These additional slots were then sold to other residents, causing inconvenience to the original allottees.
In June 2023, the apartment members received the occupancy certificate, but the respondent deviated from the approved plan and continued to exercise control over the common parking areas. The respondent also threatened to occupy the children’s play area for personal use. The complainants urged TG RERA to surrender the five additional parking slots to them as per the sanctioned plan.
The TG RERA stated in the orders that as per the sanctioned plan, the stilt floor car parking consists of 25 parking lots, and the same should be followed by the respondent. The authority also ordered the respondent to hand over the physical possession of the common areas.
This decision by TG RERA is a significant step towards ensuring that real estate developers adhere to the approved plans and respect the rights of the apartment members. It sets a precedent for similar cases and highlights the importance of regulatory bodies in maintaining transparency and accountability in the real estate sector.
Frequently Asked Questions
What is the main issue addressed by the TG RERA order?
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.
What are the consequences if the real estate firm does not adhere to the sanctioned plans?
If the real estate firm does not adhere to the sanctioned plans, it will face penal consequences as per the RERA Act 2016.
What specific issues did the MCOR apartment members face?
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.
When did the apartment members receive the occupancy certificate?
The apartment members received the occupancy certificate in June 2023.
What does the TG RERA order state about the stilt floor car parking?
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.
Related News Articles
Indian Metros on the Rise: Mumbai and Delhi Witness Double-Digit Growth in Prime Property Prices
Mumbai and Delhi have seen a significant surge in global housing price rankings, with prime residential property prices rising by 11.5% and 10.5% respectively, according to a report by Knight Frank.
RBI's Balanced Act: Steady Interest Rates to Tame Inflation and Boost Growth
The Reserve Bank of India's decision to maintain the status quo on interest rates is a strategic move to control inflation and promote economic growth.
NAREDCO Maharashtra Panel Discussion Highlights the Necessity of Property Redevelopment
Key dignitaries and experts at NAREDCO Maharashtra’s panel discussion on 'Society Redevelopment under Various Sections' shed light on the critical aspects and challenges of property redevelopment in Mumbai.
Real Estate Sector Awaits RBI Rate Cut for Boost
The real estate sector is poised for a significant boost as investors and developers alike anticipate a potential 25bps cut in the repo rate by the Reserve Bank of India (RBI). This move is expected to alleviate the financial burden on homebuyers and developers, thereby stimulating demand in the market.