Hyderabad, March 31 -- The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a penalty of Rs 4.2 lakh on a real estate developer for advertising the "Sanali Pinnacle" project without registering it with the authority and without securing necessary approvals from the Greater Hyderabad Municipal Corporation (GHMC).

The project, which includes two cellars and 17 upper floors, is situated in Shaikpet, Hyderabad.

The penalty was a result of violations of Sections 3 and 4 of the Real Estate (Regulation and Development) Act.

Mohammed Mushtaq, the landowner, along with other complainants, had entered into a development agreement with the respondent company on April 30, 2021, with the condition that construction would only commenc...