Reason: Bhuvanateja Infra
On the occasion of Diwali, the whole country is filled with lights and joy. But for some, all the hard work they have done has gone down the drain, and their hopes of owning a house have slowly vanished. Life has become like hell. These families are anxiously waiting for the light to come into their lives. But who filled these families with sadness?
It is Bhuvanateja Infra. This organisation, which has not even built one single flat properly, has ruined the dreams of common and middle-class people. They lured them with low flat rates and many false promises. During COVID season, they offered flats at a lower rate. Believing in them, the common public has given all their money to Bhuvanteja MD. Permission was not received for those apartments. Construction has not started. The agents who sold the flats gave up on their customers. Those who thought that the apartment would be completed in two or three years and that they would move into it have faced severe disappointment. They are in trouble, not knowing what to do. Some even filed cases at police stations. People from many parts of the state have been badly cheated by investing money in the Bhuvanateja organization. It is noteworthy that there are some workers from Singareni on this list. Some buyers complain that they do not know how their money will be returned.
It was learned that Chakka Venkata Subramaniam would tell the buyers to visit his office whenever they complained about the money. The victims say that when they go there, he will not be there. It is noteworthy that people aged over 70 are also among those affected by it. Also, the victims complain that neither the government nor TS RERA has taken any action against Bhuvanateja Infra MD Chakka Venkata Subramaniam, who has caused a lot of anarchy in the Telangana real estate sector since COVID. How many projects did he complete? How much of his own space is in it? From how many people did he collect lakhs of rupees? And what did he do with all that money? Has he started any other apartments? If so, at what level are they at? TS Rera should inspect every aspect thoroughly. The victims are asking the TS RERA to calculate the total amount of money collected from them and return it to the victims.
