TG RERA warns buyers against transactions in Pradeep Constructions’ ‘Bliss’ project in Hyderabad

The Telangana Real Estate Regulatory Authority (TG RERA) has issued a public advisory cautioning homebuyers, investors, financial institutions and the general public against entering into transactions related to the ‘Bliss’ residential project by Pradeep Constructions in Somajiguda area of Hyderabad, stating that its RERA registration has lapsed and is no longer valid.

According to the advisory, the project, being developed by M/s Pradeep Constructions, was granted registration under Section 5 of the Real Estate (Regulation and Development) Act, 2016. The project was registered on March 21, 2020.

TG RERA said it had been officially reported that the project land falls within the Full Tank Level (FTL) area and the buffer zone. Following verification, the authority noted that the project’s registration, which was valid from March 21, 2020 to January 2, 2026, had lapsed with effect from January 2, 2026, and is no longer subsisting.

They further stated that, in view of the lapse of registration, the promoter is prohibited from advertising, marketing, booking, selling, offering for sale or inviting any person to purchase any apartment, unit, plot or building in the project until further orders are issued by TG RERA. It further clarified that the promoter cannot represent the project as a validly registered RERA project for any statutory, commercial, financial or promotional purpose.

TG RERA advised prospective homebuyers and investors to exercise utmost caution and verify the current legal and regulatory status of the project before entering into any transaction. They also cautioned financial institutions, lending agencies, allottees and other stakeholders that the promoter cannot rely on the lapsed registration for availing, continuing or seeking project finance, loans, credit facilities or any related benefits for the project.