Hyderabad : In a significant move aimed at protecting flat buyers, the Telangana Real Estate Regulatory Authority (TG RERA) has transferred the construction responsibilities of a stalled apartment project in Bowrampet, under Dundigal Municipality of Medchal-Malkajgiri district, to the association of homebuyers.

The project, Jaya Platinum, was being developed by Jayathri Infrastructures. The company had collected money from around 60 buyers, promising to complete the construction and hand over the flats by December 2022.

However, with no progress on the project even after the promised deadline, the buyers approached RERA seeking relief.

RERA’s intermin orders in april

After examining the case, RERA initially issued interim orders in April this year, followed by full orders authorisin

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