Telangana RERA ordered a builder to refund Rs 79 lakh with 10.7 percent annual interest after a villa in Pasumamula remained unfinished. The authority also imposed a Rs 1.03 crore penalty for marketing and selling units without project registration; the case proceeded without the builder and agent after they failed to appear.
We have not written our own note on this one yet. The source report and, where we found it, the primary document are linked below.