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The Hindu
The Hindu
National
The Hindu Bureau

RERA issues warning against pre-launch offers by realtors

RERA

The Telangana State Real Estate Regulatory Authority (TS-RERA) has issued a serious warning against pre-launch offers announced by realtors ahead of the project’s official launch.

Pre-launch offers go against the RERA rules and stringent action can be taken under the Act, the regulator cautioned.

All construction projects should have approvals from agencies such as Greater Hyderabad Municipal Corporation, Hyderabad Metropolitan Development Authority, Directorate of Town and Country Planning or other such local bodies authorised to give building permissions, and get registration under RERA before they can proceed with advertisements and marketing their products.

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