Hyderabad: Why TGRERA restrained Zresta Villas, Kokapet, from selling units, plots
The interim order was passed while hearing a batch of four complaints filed by villa buyers in the project, all located in Survey No. 84 of Kokapet village in Gandipet mandal of Ranga Reddy district.
By Sistla Dakshina Murthy
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Hyderabad: Telangana Real Estate Regulatory Authority (TG RERA) has restrained the promoters of the Zresta Villas project in Kokapet from selling, transferring, or creating any third-party rights over the project land and unsold units, citing violations of the RERA Act.
Batch of complaints clubbed
The interim order was passed while hearing a batch of four complaints filed by villa buyers in the project, all located in Survey No. 84 of Kokapet village in Gandipet mandal of Ranga Reddy district.
The Authority noted that the complaints involved common parties, issues, and allegations, and were therefore taken up together.
The complainants are allottees of different villas in the gated community project, developed jointly by landowners and a private developer firm.
Project not registered under RERA
TG RERA observed that the project, spread over 6 acres and 14 guntas and comprising 42 villas, had obtained layout permission from HMDA in 2015 but was never registered under the Real Estate (Regulation and Development) Act, 2016.
The Authority held that marketing and selling units without registration amounts to a prima facie violation of Section 3 of the Act.
Buyers paid crores, allege delays
According to the complaints, buyers entered into agreements of sale between 2016 and 2020 and paid amounts ranging from ₹3.44 crore to ₹5 crore for individual villas.
Though registered sale deeds were executed between 2020 and 2021 after full payment, the complainants alleged that the promoters failed to complete construction within the promised timelines.
They stated that only basic structural works were completed by 2022, forcing them to take possession of partially finished villas.
Amenities incomplete, no occupancy certificate
The buyers further alleged that several promised amenities, including a clubhouse, internal roads, street lighting, landscaping, and children's play area, remain incomplete.
They also pointed out that the promoters have not obtained an Occupancy Certificate (OC) or a Completion Certificate (CC) to date, despite assurances at the time of registration of sale deeds.
Allegations of fund diversion
The complainants alleged that the promoters abandoned the project midway and diverted funds collected towards the corpus and maintenance.
With no progress on pending works, residents formed a welfare association in 2023 to take up common issues and have also approached the Authority separately seeking a refund of the funds collected.
Earlier penalty by TG RERA
The Authority noted that in a related case, it had already imposed a penalty of ₹21.79 lakh on the developer for failure to register the project under the Act and for other violations.
It also reiterated that earlier directions prohibiting advertisement, marketing, or sale of units in unregistered projects continue to remain in force.
Interim restraint order issued
Taking note of the violations, TG RERA held that a prima facie case was made out and passed an interim order restraining the promoters from:
Selling or transferring any part of the project land
Creating third-party rights or encumbrances
Mortgaging or otherwise dealing with project assets
The Authority said the order was necessary to prevent further prejudice to homebuyers and to ensure compliance with the law.
Next hearing on April 8
The matter has been posted for further hearing on April 8, 2026. TG RERA clarified that the interim order will remain in force until further directions are issued in the case.
