Despite investing their lifetime savings in the joint ventures between the then APHB and Indu Projects, the homeowners are yet to obtain legal ownership.
Over 1,000 families who purchased flats and villas in Indu Projects at Kukatpally and Bandlaguda have appealed to Chief Minister Revanth Reddy to intervene and resolve the decade-long delay in getting their homes registered.
Delegates representing residents from both projects met at Indu Aranya Haritha on October 19 and unanimously resolved to submit a joint representation to the Chief Minister.
The homeowners expressed anguish that, despite investing their lifetime savings in the joint venture projects between the Telangana Housing Board (formerly APHB) and Indu Projects, they had yet to obtain legal ownership of their properties.
Launched in 2006, the projects were delayed for several years and partially completed by 2016. Following bankruptcy proceedings against Indu Projects, the new management reportedly refused to assume responsibility, and the Housing Board also failed to act, leaving hundreds of families in limbo.
Residents said that even though the courts had ruled in favour of homebuyers multiple times, there had been no tangible progress in property registration. Many affected families had been living in their homes for years, paying all taxes and utility bills, yet remained without ownership rights.
"For over a decade, we have lived in these homes without legal ownership. Our savings and peace of mind are at stake. We appeal to the Chief Minister to direct the Telangana Housing Board to complete our registrations and deliver long-awaited justice," the delegates said.
According to delegate R Venkat Reddy, homeowners expressed confidence that the Chief Minister's intervention would bring relief to this long-pending issue and restore faith among thousands of genuine homebuyers who trusted the government-supported housing project.