Hyderabad: TGRERA restrains plot alienation at Dhriti Nirvana over fraud charges
The complainant paid ₹40 lakh between July and November 2021, and an additional ₹5 lakh in May 2022 after the developer sought time, citing financial constraints and the Covid-19 pandemic
By - Sistla Dakshina Murthy |
Representational Image
Hyderabad: Telangana Real Estate Regulatory Authority (TG RERA) has restrained a landowner and a developer from alienating a villa plot in the ‘Dhriti Nirvana’ project at Zaheerabad.
This follows a complaint by a homebuyer alleging fraud and the unlawful cancellation of earlier development agreements.
The order was issued in Complaint No. 800/2025 by a bench comprising Chairperson Dr. N. Satyanarayana and Members K. Srinivasa Rao and Laxmi Narayana Jannu.
₹45 lakh paid for villa, project left incomplete
According to the complaint, the buyer entered into an Agreement to Sell on July 9, 2021, with Dhriti LiveSpaces Pvt. Ltd. for the purchase of a fully constructed villa on Plot No. 63 in the `Dhriti Nirvana’ project for ₹50 lakh.
The developer allegedly promised to complete construction and hand over possession by December 23, 2021. In case of delay, compensation at 3% per month would be payable.
The complainant paid ₹40 lakh between July and November 2021, and an additional ₹5 lakh in May 2022 after the developer sought time, citing financial constraints and the Covid-19 pandemic. However, despite payment of ₹45 lakh, the villa reportedly remained incomplete, and possession was not offered.
Fresh agreements executed without the buyer’s knowledge
The complainant later discovered that the original development agreements dated March 8, 2021, were unilaterally cancelled in late 2022 without notice.
Subsequently, fresh development agreements dated May 18, 2024, and an irrevocable General Power of Attorney dated August 31, 2024, were executed in favour of another company, Skandaya Infrastructures Pvt. Ltd., covering the same land, including Plot No. 63.
It was alleged that the new documents mischaracterised the property as a bare plot despite an existing partially constructed villa, indicating fraudulent intent and collusion to resell the property.
Apprehension of imminent sale
The complainant informed the Authority that similar villas in the project were being marketed under a different name and that Plot No. 63 was at risk of being alienated to third parties.
After examining the material on record, TG RERA observed that the complainant had established a prima facie substantial interest in the property, having paid 90% of the agreed consideration.
The Authority noted that there was a reasonable apprehension of imminent alienation, which could render the proceedings infructuous.
Interim restraint order
Pending final disposal of the complaint, TG RERA restrained the landowner and the new developer, along with their agents and representatives, from creating any third-party rights, title, interest, mortgage, lease, or encumbrance over Plot No. 63 in the Dhriti Nirvana project.
The property measures 763.53 square yards and forms part of a larger layout spread over approximately 26 acres in Hothi-B village, Zaheerabad mandal.
The interim order will remain in force until further orders. The matter has been posted for hearing on March 17, 2026.