RERA Closes Pleas Against Abacus Real Estate
Headline by Prism · from 1 report
The Telangana Real Estate Regulatory Authority closed two applications against Abacus Real Estate, directing parties to follow formal execution procedures.
Deccan ChronicleThe brief
Written by software from the 1 report below.
- The Telangana Real Estate Regulatory Authority dismissed two applications filed against Abacus Real Estate Private Limited regarding the implementation of a previous order.
- The authority stated that the complainants failed to follow the legally required procedure for enforcement.
- Applicants alleged that the company unilaterally cancelled flat allotments and refunded booking amounts instead of following original directives.
- The regulator did not address the merits of the compliance dispute, instructing parties to file a formal Execution Application under the 2025 regulations.
Who said what
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K. Srinivasa Rao
member of TG RERA
1 quote · 1 outlet
“the Telangana Real Estate Regulatory Authority (Execution Proceedings) Regulations, 2025, prescribe a specific procedure for such cases, and parties seeking enforcement must file an Execution Application in Form‑I.”
In the article
…the booking amounts, and argued that no further directions were required. RERA said the applications were, in substance, seeking enforcement of its earlier order. K. Srinivasa Rao, member of TG RERA, noted that the Telangana Real Estate Regulatory Authority (Execution Proceedings) Regulations, 2025, prescribe a specific procedure for such cases, and parties seeking enforcement must file an Execution Application in Form‑I. The authority said the prescribed procedure could not be replaced by an interlocutory or miscellaneous application, did not examine whether the company’s cancellation of allotments and refund amounted to compliance…
Coverage
1 outlet
All filed from India
NamedIndia · Abacus Real Estate Private Limited · Erranki Santhoshi Priya · Erranki Srinivas · K. Srinivasa Rao · Telangana Real Estate Regulatory Authority
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