The Economic Times

Builder advertised 5069 sq ft villa but delivered 3900 sq ft: Telangana RERA orders it to refund Rs 20 lakh and pay Rs 98 lakh penalty

As per the sale agreement, the villa measured 5069 square feet, but the builder delivered a 3900 square feet villa and said 30% of the area is open space; Telangana RERA slaps a Rs 98 lakh penalty on the builder and orders a Rs 20 lakh refund for the villa buyer. Laxmi Narayana Jannu and K. Srinivasa Rao, esteemed members of the Telangana RERA gave this judgement.