Hyderabad, July 14 -- The Telangana Real Estate Regulatory Authority (TGRERA) has directed Hyderabad-based Oakland Infra to refund Rs 5.5 lakh to a homebuyer after the firm failed to hand over a flat in its "Amogha Western Heights" project at Adibatla in Rangareddy district.

The complainant, Rama Naresh, had paid Rs 8 lakh as an advance and entered into an agreement of sale on May 24, 2023, for Flat no 311 in the project, valued at Rs 52 lakh in all. When construction failed to progress and possession was not handed over, he decided to withdraw from the project and sought a refund.

Only partial refund paid

Naresh told the authority that the firm had refunded only Rs 2.5 lakh of the advance, and that cheques issued towards the remaining...