TGRERA Orders Builder to Refund Rs 11.25 Lakh with Interest for Delayed Project
The Telangana Real Estate Regulatory Authority (TGRERA) has ordered Jayathri Infrastructure India to refund Rs. 11.25 lakh, along with 10.80% interest, to a buyer for failing to deliver a commercial property as per the Memorandum of Understanding (MoU).
TgreraJayathri Infrastructure IndiaReal EstateRefundDelayed ProjectReal Estate NewsJul 30, 2025
The complainant, Kalvala Suman, a resident of Chowdaryguda, had entered into a Memorandum of Understanding (MoU) with Jayathri Infrastructure India in 2022. He paid Rs. 10.25 lakh for the purchase of 250 square yards of commercial space in the project Western Galaxy, located at Gopanpally village. The builder had assured that the fully constructed property would be handed over by December 2024.
However, the project faced significant delays, and the complainant approached TGRERA for relief. In October 2023, TGRERA directed the Engineering Staff College of India (ESCI) to inspect the site and submit a report. The ESCI report stated that the project site remained vacant with no progress.
The complainant sought a full refund of the total amount as the builder had failed to fulfill its contractual obligations as per the terms of the MoU. TGRERA, after reviewing the ESCI report and the complainant's grievances, ordered Jayathri Infrastructure India to refund Rs. 11.25 lakh, including 10.80% interest, to the complainant.
This decision by TGRERA highlights the authority's commitment to protecting the interests of real estate buyers and ensuring that developers adhere to their contractual obligations. It also serves as a warning to other builders to comply with the terms of their agreements and avoid delays that can lead to financial losses for buyers.
The real estate sector in Telangana has seen significant growth in recent years, but it has also faced challenges such as delayed projects and non-compliance with regulatory norms. TGRERA plays a crucial role in maintaining transparency and accountability in the sector, ensuring that both buyers and developers are treated fairly.
For more information on TGRERA and its functions, you can visit the official website or contact the authority directly. The TGRERA is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to promote the healthy growth of the real estate sector in Telangana and protect the interests of homebuyers and investors.
Frequently Asked Questions
What is TGRERA?
TGRERA stands for Telangana Real Estate Regulatory Authority. It is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016, to promote the healthy growth of the real estate sector in Telangana and protect the interests of homebuyers and investors.
What was the issue with Jayathri Infrastructure India?
Jayathri Infrastructure India failed to deliver a commercial property as per the Memorandum of Understanding (MoU) signed with the complainant. The project faced significant delays, and the site remained vacant with no progress.
How much was the refund ordered by TGRERA?
TGRERA ordered Jayathri Infrastructure India to refund Rs. 11.25 lakh, along with 10.80% interest, to the complainant.
What is the role of the Engineering Staff College of India (ESCI) in this case?
The ESCI was directed by TGRERA to inspect the site and submit a report. The ESCI report confirmed that the project site remained vacant with no progress, which supported the complainant's grievances.
What can homebuyers do if they face similar issues with builders?
Homebuyers can approach TGRERA or other relevant regulatory authorities if they face issues such as delayed projects or non-compliance with contractual obligations. They should document all communications and agreements with the builder to support their case.
Related News Articles
Synq.Work Boosts Expansion Plans with Rs 60 Crore Investment in Bengaluru, Pune, and Hyderabad
Synq.Work, a managed office space provider, is set to invest Rs 60 crore to expand its seating capacity and foray into new cities, including Bengaluru, Pune, and Hyderabad.
ICC Hosts 'North Bengal Realty Reimagined 2024'
The Indian Construction Committee (ICC) recently hosted 'North Bengal Realty Reimagined 2024,' a significant event in the real estate and allied sectors. Touted as one of the largest real estate conclaves in the Northeast, the event featured over 15 promi
Hyderabad Real Estate Market Experiences Boom in Ultra-Luxury Home Sales
The real estate sector in Hyderabad has seen a significant increase in the sales of ultra-luxury homes priced over Rs 40 crore in 2024.
Shapoorji Pallonji Real Estate Launches Legendary and Luxurious New Tower in Pune
Pune (Maharashtra) [India], January 24: Following the tremendous success of Phase 1, Shapoorji Pallonji Real Estate (SPRE), a leading real estate developer in India, is set to transform the skyline of Pune with the launch of its most iconic and luxurious
BramhaCorp Revolutionizes Pune's Real Estate Market with Innovative Rental Solutions
Pune's real estate market is experiencing a surge, driven by a thriving IT sector, rapid urbanization, and a growing investor base. BramhaCorp is at the forefront of this transformation, introducing innovative rental solutions that are reshaping the lands
Mumbai Sees Robust Property Market with 11,541 Registrations in February
Mumbai's real estate market demonstrated resilience in February 2025, with a significant 11,541 property registrations and a notable ₹896 crore contribution in stamp duty, according to a recent Knight Frank report.