Telangana RERA to penalize Pacifica over allotting flat before project registration
The Telangana Real Estate Regulatory Authority (TG RERA) initiated penalty proceedings against Pacifica Constructions for allotting a flat in its Aavas Hyderabad project before obtaining RERA registration. The authority found that the company booked and allotted the flat in 2017, violating the Real Estate (Regulation and Development) Act, which prohibits such actions for unregistered projects. Residents have complained about delays, quality defects, and undisclosed charges, prompting TG RERA's intervention.