Vasavi Group in the news

TGRERA extended Vasavi Group's project registration to 2026, with ongoing construction delays and monthly goodwill payments to buyers until handover.

Flat buyers at Vasavi Urban in Hyderabad protest over delayed possession and financial losses, accusing the developer of broken promises and negligence.

Homebuyers at Vasavi Urban in Bachupally protested delays in flat handover despite paying most of the cost, facing financial and emotional hardship.

Income tax raids continue on Caps Gold and Vasavi Group over suspected tax evasion and fund diversion involving multiple real estate and bullion entities.

Income Tax and Enforcement Directorate raids in Hyderabad targeted CapsGold and Vasavi realty groups over alleged tax evasion and pending dues.

Income Tax raids targeted CapsGold and Vasavi Realty in Hyderabad over alleged black market dealings and tax evasion.

Income Tax raids targeted Vasavi Groups and CapsGold in Hyderabad over alleged tax evasion in gold trading and real estate sectors.

Income Tax raids targeted CapsGold and Vasavi Group on suspected tax evasion, with investigations ongoing and no official charges yet.

TG RERA ordered Vasavi Realtors to pay interest to buyers for delayed possession of flats in the Vasavi Lake City project, rejecting COVID-19 as a valid excuse and enforcing strict timelines.

Telangana RERA penalized Vasavi Realtors for delaying flat handover in Vasavi Lake City, ordering interest payments and project completion within deadlines.

TG-RERA directed Vasavi Realtors to pay 10.8% interest to home buyers due to delayed possession and deviations in the Vasavi Lake City project.

Vasavi Constructions was booked for encroaching and filling a stormwater drain in Hyderabad, violating development norms and prompting police action.

Vasavi Constructions was penalized by HYDRAA for illegally obstructing a major floodwater canal in Hitec City, leading to cleanup orders and a police case.

Vasavi Lake City project in Hyderabad is delayed over two years, with buyers facing financial strain and missed deadlines now extended to December 2025.

Vasavi Group appointed actor Venkatesh as brand ambassador and launched two new real estate projects in Hyderabad.

Vasavi Group is investing Rs 1,500 crore in a large lake-view residential project in Hitec City, with multiple ongoing and planned developments in Hyderabad.

Sumadhura and Vasavi Groups launched 'The Olympus', Greater Hyderabad's tallest residential towers with 854 luxury units and extensive amenities in Gachibowli.