Hyderabad: TGRERA restrains Pranith Koncepts from selling flats in Puppalguda project
This follows a series of complaints from homebuyers alleging delay, non-registration, and mortgage-related irregularities
By Sistla Dakshina Murthy
Representational Image
Hyderabad: Telangana Real Estate Regulatory Authority (TG RERA) has issued an interim order restraining Pranith Koncepts Private Limited from creating any third-party rights over three flats in the `Pranith Koncepts Ambiance’ project at Puppalguda.
This follows a series of complaints from homebuyers alleging delay, non-registration, and mortgage-related irregularities.
Complaints clubbed over similar allegations
The Authority clubbed three separate complaints (Nos. 130, 131, and 132 of 2026) filed by Gedela Ravikumar, Muttha Mohana Lakshmi, Kuteddula Vijaya, and G.V. Venkata Vara Prasad, citing a common cause of action and identical relief sought against the same respondents.
The complaints were filed under Section 31 of the Real Estate (Regulation and Development) Act, 2016, alleging failure by the developer to complete construction, execute registrations, and hand over possession despite receiving substantial payments.
Buyers allege mortgage and registration issues
According to the complainants, flats bearing Nos. C203, D201, and D203 in the project located at Puppalguda, Gandipet Mandal in Ranga Reddy district, were allotted through agreements executed between July 2022 and April 2023.
The buyers claimed they had paid amounts ranging from ₹32.38 lakh to ₹37 lakh, while one complainant paid over ₹33 lakh as part consideration. However, they later discovered that some of the flats were mortgaged and that the Occupancy Certificate had not been obtained.
In one instance, a supplementary agreement allegedly executed with third parties created further confusion over ownership rights.
Authority notes Prima Facie case
During the hearing on April 7, the complainants expressed apprehension that the developer might create third-party interests in the disputed flats.
After examining the submissions, the Authority observed that the developer’s obligations remained unfulfilled, leaving the complainants’ rights unsecured. It held that the concerns raised were valid and warranted interim protection.
Interim relief granted
Invoking its powers under Section 36 of the Act, TG RERA directed the developer to refrain from selling, transferring, registering, or creating any third-party interest in the concerned flats.
The interim order will remain in force until further directions.
Next hearing scheduled
The Authority has posted the matter for further hearing on April 28, 2026.
