Some realtors of Hyderabad have been apparently trying to show them off as over smart.
The Telangana RERA Authorities went on record time and again asking the realtors not to insert any advertisements to sell their projects before obtaining the necessary permission from the RERA, but the unscrupulous realtors turn a deaf ear to the caution sounded by the RERA.
Without naming the project, they are luring customers offering to build tallest towers in Attapur through advertising in social media. They went quoted a price of Rs 1.16 crore for 3-BHK and 4-BHK flats. They claimed the builder to be a highly reputed organisation.
The RERA should crack its whip on such unscrupulous realtors for launching advertisements without the project securing necessary approvals.
If the project did not take off, the buyers who bought flats in anticipation that the project will take off would be at the receiving end. Therefore, it is the bounden duty of the RERA to end such unscrupulous practices in the market.
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