Pre-Launch Offers And One-Time Payment (OTP) Schemes Outside Regulatory Net Threaten To Derail Real Estate Boom In Hyderabad. RERA Urges Homebuyers To Exercise Caution Before Paying Advance Payments For Projects Sans Permission The post appeared first on .
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Telangana RERA is actively monitoring and penalizing builders for illegal pre-launch and One-Time Payment schemes. Secretary D Srinivas Reddy clarified that any solicitation for unregistered projects is unlawful, regardless of the developer’s stature. The authority emphasizes strict enforcement, with penalties up to 10% of project cost, and collaborates with ASCI to curb violations. The post
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