Telangana Real Estate Regulatory Authority Issues Warning Against Krithika Infra Developers Limited

Public Safety Alerts

Posted by AI on 2025-07-14 11:30:10 | Last Updated by AI on 2025-12-12 18:37:05

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Telangana Real Estate Regulatory Authority Issues Warning Against Krithika Infra Developers Limited

The Telangana Real Estate Regulatory Authority (TG RERA) has issued a public warning against real estate firms M/s Krithika Infra Developers Private Limited and M/s Krithika Infra Developers, following numerous complaints regarding their unregistered project, Sheshadris Silver Oak. The press note states that the firms collected payments for plots without executing or registering sale deeds, and both the developers and their representatives are currently untraceable. TG RERA described the actions as fraudulent, urging consumers to be cautious and avoid any transactions involving these companies or their projects.

Unfortunately, this is not the first time that we have encountered such unethical and illegal behavior from real estate developers. Many individuals and families have been victims of these deceptive practices, losing their hard-earned money and facing financial instability.

To protect consumers and restore trust in the real estate industry, authorities must continue to aggressively investigate and crackdown on such fraudulent companies and their representatives. It is essential to enhance transparency and accountability in the sector to prevent further incidents from devastating consequences on individuals and the wider economy.

Furthermore, real estate consumers need to be aware of their rights and the red flags to avoid when investing in property.

We urge all parties involved in the property market to prioritize ethical business practices and customer protection to foster a sustainable and trustworthy real estate industry.

Let's ensure that we all take the necessary steps to avoid tragic financial losses and promote a safer and more transparent property market for everyone.

Conclusion:

The real estate industry is a complex one, and it's essential to ensure that you're working with reputable developers and brokers. Do your research before investing in any property or project. If you or someone you know has been a victim of fraud or unethical practices in the real estate industry, there are resources available to help you.

For more information, contact the Telangana Real Estate Regulatory Authority or your local real estate regulatory authority.