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The Hindu·2 min read·medium

TG RERA warns buyers against transactions in Pradeep Constructions’ ‘Bliss’ project in Hyderabad

T
The Hindu Bureau
TG RERA warns buyers against transactions in Pradeep Constructions’ ‘Bliss’ project in Hyderabad
AI Summary

The Telangana Real Estate Regulatory Authority (TG RERA) has issued a warning against the 'Bliss' residential project by Pradeep Constructions in Hyderabad. The project's registration has lapsed, and it is reportedly located in a restricted buffer zone, prohibiting the developer from further sales or marketing.

Why it matters

This protects homebuyers from investing in legally invalid or environmentally non-compliant real estate projects.

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The Telangana Real Estate Regulatory Authority (TG RERA) has issued a public advisory cautioning homebuyers, investors, financial institutions and the general public against entering into transactions related to the ‘Bliss’ residential project by Pradeep Constructions in Somajiguda area of Hyderabad, stating that its RERA registration has lapsed and is no longer valid.

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The article reports on a regulatory advisory without editorializing or taking a stance.

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