
The Andhra Pradesh Real Estate Regulatory Authority (APRERA) issued a stern public advisory warning consumers against buying flats or plots in real estate schemes not registered with the authority. In-charge chairman and Principal Secretary for Municipal Administration, S Suresh Kumar, emphasized that such transactions could lead to serious legal and financial complications.
The warning comes in light of growing instances where developers, promoters, and real estate agents are reportedly collecting advance payments from buyers for so-called “pre-launch” projects without securing the mandatory APRERA registration. “Some developers are luring buyers into deals before obtaining the required approvals. These actions directly violate Section 3 of the Real Estate (Regulation and Development) Act, 2016,” Kumar said.
As per the Act, no promoter is permitted to advertise, market, sell, or even invite bookings for a real estate project without first registering it with APRERA. Also, Section 10 of the said Act makes it unlawful for real estate agents to enable the sale or purchase of units in non-registered projects.
Suresh Kumar emphasized that any promotional or financial activity undertaken in the name of “pre-launch” for non-registered projects is illegal and would invoke severe legal action under the RERA Act. “We request all developers and agents to follow the law and not put buyers at risk,” he added.
Buyers have been directed to check the status of project registration from APRERA’s official website or seek the helpdesk for the same. The authority has also extended support for delayed possession-related grievances, poor construction, and other issues.
The declaration is an affirmation of APRERA’s determination to provide transparency and accountability in the state’s real estate. It is also a reminder to homebuyers to remain vigilant and make legally compliant investments to steer clear of future conflicts.
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