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Delhi RWAs raise concerns over mixed-use development

NEW DELHI: Numerous Resident Welfare Associations (RWAs) are expressing concerns about the potential chaos that could result from the rollout of the new Transit-Oriented Development (TOD) policy. This policy allows for mixed-use developments on plots adjacent to metro corridors and within a 500-metre radius of RRTS stations and railway lines, regardless of the plot size or current land designation. While it requires that 65% of the plot area be allocated for residential use, residents are doubtful regarding the enforcement of these guidelines. Members of the Save Our City campaign highlighted that the Master Plan for Delhi, 2021, which incorporated mixed…

₹100 Crore Housing Fraud Case Against Mumbai Developer

MUMBAI: A case has been filed against a real estate developer and others for allegedly defrauding homebuyers of Rs 100 crore with false promises of flats in Mumbai’s Wadala area. Funds were allegedly diverted for personal use, according to officials on Thursday. The police’s Economic Offences Wing (EOW) initiated the case on Wednesday following preliminary inquiries sparked by a complaint from 62-year-old Chartered Accountant Anil Dron, a Kandivali resident. The accused—developer Subbaraman Anand Vilaynur, his wife Uma Subbaraman, B P Gangar Constructions, and others—are alleged to have collected Rs 100 crore from 102 individuals since 2018 under the pretense of…

Nagpur to Auction 113 Properties for ₹1.9 Cr Tax Recovery

NAGPUR: The Nagpur Municipal Corporation (NMC) plans to auction 113 properties valued at Rs 141 crore to recover unpaid dues of Rs 1.9 crore from tax defaulters. Despite multiple notices and public announcements, these defaulters have yet to settle their arrears. According to the property tax department, the largest outstanding amount is Rs 21.78 lakh for 24 properties in Sitabuldi and Lendra Park. Additionally, Rs 1.20 crore is owed across 48 properties in areas such as Zingabai Takli, Gorewada, Indora, Borgaon, and Mankapur. Other notable dues include Rs 14.43 lakh from 12 properties in Ajni, Somalwada, and Khapri; Rs 13.28…