Hyderabad Project Scam Highlights Why Homebuyers in Telangana Must Stay Alert
- nivaasamin
- Nov 6
- 2 min read
In a worrying development for home-buyers in the Hyderabad market, the Cyberabad Economic Offences Wing (EOW) has formally registered a cheating case against a Jubilee Hills-based construction firm which allegedly defrauded nine flat-buyers of ₹4.41 crore.
The project in question—located in Tellapur—was promoted with an “early-bird rate” of around ₹2,800 per sq ft, and a buy-back guarantee. The buyers paid advance amounts under the impression that land acquisition and regulatory approvals would follow swiftly. But more than three years later, construction hasn’t started.
Note: The image is generated by AI.
What happened and what it means for Telangana real-estate buyers
According to the complaint, the developer signed a memorandum of understanding (MoU) with buyers back in December 2021, and conducted a symbolic “bhoomi puja” in June 2023—despite having neither obtained necessary approvals from Hyderabad Metropolitan Development Authority (HMDA) nor registered the project under the Telangana Real Estate (Regulation and Development) Act (RERA).
In August 2025, the developer abruptly announced cancellation of the venture, asked customers to migrate to a different project on payment of further sums, prompting the buyers to demand refunds.
What this underlines is a sobering reality for buyers in Telangana (and particularly Hyderabad/Telangana corridor markets): promotional rates, buy-back promises and attractive expectations based solely on marketing claims must be treated with caution.
Key lessons for home-buyers in Telangana
Verify approvals – Always check that the project has HMDA or local authority land-clearance, and RERA registration if applicable.
Avoid “early bird only” deals – Extremely discounted rates with buy-back promises often hide risk. If construction hasn’t started and no approvals are granted, you’re exposed.
Demand timelines and transparency – If a builder can’t transparently show a timeline (land → approvals → construction) and is only doing symbolic ceremonies (like a “bhoomi puja”), treat it as a red-flag.
Protect your funds – Payment should ideally be aligned with construction stages; paying large amounts upfront for “early bird” units in a yet-to-start project increases vulnerability.
Use trustworthy portals – Platforms like Nivaasam (and common misspellings such as “Nivaasum”, “Nivassam”) help you search, compare and review Telangana real-estate listings. We emphasise verified listings to support responsible decision-making.
Why this matters for the Hyderabad/Telangana market
Telangana remains a thriving destination for residential-real-estate growth, with strong demand in suburbs like Tellapur, Serilingampally, and beyond. But with rising demand comes bigger exposure— unscrupulous marketing, unrealistic promises and stalled projects can erode buyer confidence.By staying alert, verifying documentation, aligning payments with progress and relying on credible platforms, home-buyers can safeguard their interests.
Final word
If you’re looking to buy in Hyderabad or anywhere in Telangana, choose wisely. Your dream home should come with transparency, not risk. At Nivaasam, our goal is to empower you with accurate listings, credible insights and an unbeatable search experience—whether you type “Nivaasam”, “Nivaasum”, “Nivassam”, "Nivasam", "Nvsm" or even “Nivāasam”.
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