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Telangana HC, Real Estate News, ET RealEstate

Telangana HC, Real Estate News, ET RealEstate
HYDERABAD: Coming down heavily on the state housing board for not allowing registration of flats of those who paid the required amounts a decade ago, the Telangana high court on Friday gave two weeks to the housing board to register the flats in Indu Aranya venture in Rangareddy district to two flat buyers.

A bench of Chief Justice Hima Kohli and Justice A Abhishek Reddy was hearing petitions from R Venugopal Reddy and A few others.

Refuting the contentions raised by the housing board for citing losses it suffered on account of the fraud played by the developer, Indu Projects, and the pending arbitration proceedings, a single judge earlier directed the board to register the flats to those buyers who paid the full amount.

The board preferred an appeal against this order. The bench made it clear that there was nothing for it to interfere in the order of the single judge. It also called for a list of similarly placed persons who were suffering on account of the fraud played by the developer and the dodging attitude of the housing board.

The bench also asked the board not to drag buyers into the endless arbitration issues that have been going on between the board and the developer. “The flat buyers have got nothing to do with your bilateral disputes. You did not take enough precautions while dealing with the developer. That is your headache,” the bench warned the board.

It also said that flat buyers were free to proceed against the board if it still delayed the registrations.


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