Tri-Cities India > Blog > Nation Blogs > ‘Any form of solicitation for unregistered project is illegal’, says D Srinivas Reddy secretary of Telangana RERA
‘Any form of solicitation for unregistered project is illegal’, says D Srinivas Reddy secretary of Telangana RERA
Telangana RERA is actively monitoring and penalizing builders for illegal pre-launch and One-Time Payment schemes. Secretary D Srinivas Reddy clarified that any solicitation for unregistered projects is unlawful, regardless of the developer’s stature. The authority emphasizes strict enforcement, with penalties up to 10% of project cost, and collaborates with ASCI to curb violations.
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