India, Aug. 4 -- The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a penalty of Rs.2.85 lakh on the promoters of Showri Pearl, a residential project in Medchal-Malkajgiri district, for carrying out construction in violation of RERA norms.
"For violation of Sections 3 and 4, ie, for non-registration of the project Showri Pearl apartment, the developer is liable for a penalty under Sections 59 and 60 respectively; therefore, they are directed to pay a penalty of Rs. 2,85,992," the order said.
"The developer is further directed to restrict the number of demarcated car parking slots to fifteen (15), in alignment with the number of sanctioned residential units, and the Apartment Owners Association is advised to ensure equit...
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