Concerns over rising unregulated pre-launch property sales and alleged Ponzi-style schemes in Hyderabad’s expanding real estate corridors have triggered renewed calls for the Telangana government to expedite the appointment of a full-time and proactive Telangana Real Estate Regulatory Authority (TG-RERA) Chairman.
Industry observers and buyer groups allege that several developers, including out-of-state firms, are actively marketing residential projects in Kokapet, the Financial District and surrounding growth zones through “Expression of Interest” (EOI) and pre-launch offers. These transactions, often pushed through social media and intermediaries, are seen as bypassing formal regulatory safeguards under RERA norms.
Critics argue that such practices expose homebuyers to significant financial risk, especially where project approvals remain unclear or delivery timelines are uncertain. Concerns have also grown over the role of channel partners and online influencers, who are alleged to promote projects without clearly disclosing regulatory compliance requirements.
Within the industry, questions are being raised over TG RERA’s enforcement effectiveness and lack of consistent leadership. Stakeholders argue that a strong Chairman is essential to monitor advertisements, curb misleading promotions, and ensure compliance among developers and agents.
As Telangana continues to attract large-scale investments from national developers, the government should focus on appointing a full-time, empowered TG RERA Chairman at the earliest. The move is essential to restore accountability, tighten enforcement, and safeguard investor interests in a rapidly evolving property market.