Penalty Order on Complaint No. 426 of 2025

BEFORE TELANGANA REAL ESTATE REGULATORY AUTHORITY
[Under the Real Estate (Regulation and Development) Act, 2016]
Complaint No.425/2025/TG RERA (Penalty Order)
Complaint No.426/2025/TG RERA
Complaint No.427/2025/TG RERA
Complaint No.428/2025/TG RERA
Dated: 20 February 2026
Quorum:

Dr. N. Satyanarayana, IAS (Retd.), Hon’ble Chairperson
Sri K. Srinivasa Rao, Hon’ble Member
Sri Laxmi Narayana Jannu, Hon’ble Member

1.Shankar Sirisha R & Anr
2.Shaik Ambani
3.Mr.N Balaji
4.Madhu Murhty S
…Complainant
Versus
M/s Pranith Koncepts Private Ltd rep by its Director, Sri P N Suresh
Pranith Koncepts Ambience
M/s Pranith Koncpets and Developers LLP
…Respondents
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The above-numbered complaints were filed by the Complainants before the Telangana
Real Estate Regulatory Authority (hereinafter referred to as “the Authority”) against the
Respondents in respect of the project namely “Pranith Koncepts Ambience” Blocks B, E, F and
G situated at Puppalaguda Village of Ranga Reddy District.
2.

Upon considering the pleadings, documents, and material placed on record, this

Authority has issued Interim orders dated: 18.02.2026 in 425/2025/TG RERA, 426/2025/TG
RERA, holding that the Respondents had advertised, marketed and sold Flats in the said project
namely “Pranith Koncepts Ambience” Blocks B, E, F and G, Puppalaguda Village of Ranga
Reddy District, without obtaining mandatory registration, with TG RERA, thereby violating
the provisions of Section 3(1) of the Real Estate (Regulation and Development) Act, 2016
(hereinafter referred to as “the RE(R&D) Act, 2016”).
3.

The findings rendered by this Authority in its Order dated 03.11.2025 in CC No. 256 of

2025 are extracted hereunder:

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In light of the foregoing observations and findings, and in exercise of the powers

conferred under Sections 38 of the RE(R&D) Act, 2016, this Authority hereby issues the
following directions, for violation of the provisions of Sections 3 of the RE(R&D) Act, 2016,
for advertising, marketing, selling and offering for sale of units in the project “Pranith Koncepts
Ambience” Blocks B, E, F and G Puppalaguda Village of Ranga Reddy District.
a) Accordingly, the Respondent are directed to pay a penalty of Rs. 43,71,221 /- (Rupees
Forty-three lakhs Seventy-one thousand Two hundred and twenty-one only) within a
period of thirty (30) days from the date of receipt of this Order, in favour of the
TGRERA Fund, either by way of Demand Draft or through online transfer to Account
No. 50100595798191, HDFC Bank, IFSC Code: HDFC0007036.
b) The Respondent is hereby informed that failure to comply with the directions issued
herein shall attract further penal consequences under Section 63 of the RE(R&D) Act,
2016, without any further notice.

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Sd/Sri. Laxmi Narayana Jannu,
Hon’ble Member
TG RERA

Sd/Dr. N. Satyanarayana, IAS (Retd.),
Hon’ble Chairperson
TG RERA

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