Hyderabad, July 8 -- The Telangana Real Estate Regulatory Authority (TG RERA) has dismissed a homebuyer's complaint seeking a refund of Rs 25 lakh from Balaji Homes.

At the same time, the Authority directed that penalty proceedings be initiated against the builder for selling apartments before obtaining mandatory RERA registration.

Complaint over flat purchase

The case was filed by Bonala Nagarjuna against Balaji Homes in connection with Flat No. 101 in the Konathams IV Residency project located in Kodad, Suryapet district.

The complainant told TG RERA that he had paid Rs 25 lakh towards the purchase of the flat between January 2021 and October 2023.

He alleged that the builder failed to hand over possession, execute the sale deed an...