India, April 11 -- The Telangana Real Estate Regulatory Authority (TG RERA) has restrained the real estate developer Jayathri Infrastructures from advertising, marketing, booking, selling, or offering units for sale in the Jaya Diamond project in Hyderabad, which was delayed by almost three years, with 'immediate effect'.
Considering a request from the residents' association, TG RERA has also asked it to submit a comprehensive plan detailing how the remaining work will be completed. The interim order said this plan must outline proposed funding arrangements, a clear project timeline, and the technical and managerial resources that will be deployed.
"The project Jaya Diamond is hereby placed in abeyance with immediate effect. The develop...
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