Hyderabad, Feb. 21 -- The Telangana Real Estate Regulatory Authority (TG-RERA) has initiated a series of stringent actions against multiple real estate developers for violations of the Real Estate (Regulation and Development) Act, 2016, penalising errant promoters and reinforcing homebuyer protections across projects in the city.

Rs 43.71 L penalty on Pranith Koncepts over Puppalguda project

In a significant interim order, TG-RERA imposed a penalty of Rs 43,71,211 on Pranith Koncepts Private Limited for unauthorised marketing and sale of units in its "Pranith Koncepts Ambience" project at Puppalguda.

The Authority found that only Blocks A, C and D of the project were registered under the Act. However, the promoter had advertised and of...