Category: Latest Stories

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Latest StoriesRera

PM Gati Shakti to Oversee Gujarat RERA Projects

GANDHINAGAR: The Gujarat Real Estate Regulatory Authority (GujRERA) and the state urban development department are now integrating GujRERA-registered real estate projects with town planning and development plan data, facilitated by the PM Gati Shakti platform to enhance service delivery. Established under the Real Estate (Regulation and Development) Act, 2016, GujRERA is responsible for the registration of real estate projects and agents, along with regulation, monitoring, and grievance redressal for the registered projects. Currently, promoters utilize Google-based services to define project boundaries and upload information to the GujRERA portal. These services are also employed to display project boundaries on maps, geo-fence…

IndustryLatest Stories

Maharashtra Launches Inquiry into ₹1,000 Crore BMC Scam

MUMBAI: Junior Urban Development Minister Madhuri Misal acknowledged in the assembly that there were irregularities in the BMC’s agreement for a housing project in Malad (E) designated for project-affected persons (PAPs). She noted that while all funds were transferred to the developer, no start date for the project was specified. Misal mentioned that she requested a report on all issued credit notes. Congress MLA Aslam Shaikh, who raised the concern, claimed that land classification was altered unlawfully, resulting in increased ready reckoner rates and elevating the project cost by Rs 618 crore. He expressed that the project might not be…

Latest StoriesRera

UP-RERA fines three projects ₹5 lakh for unregistered promotions

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has fined three projects ₹5 lakh each for marketing and selling units without the required registration, breaching the Real Estate (Regulation and Development) Act, 2016. During its 198th meeting, UP-RERA discovered that ‘Estate 105’ (Max Estate), ‘Sobha Rivana’ (Sobha) in Noida, and ‘Avikalp Estate’ (Dhanushkothi Builder & Developer) in Lucknow were being promoted or sold without obtaining the necessary RERA registration. UP-RERA noted that these projects were advertised on digital platforms, and in one instance, units were sold prior to registration, violating section 3 of the Act, which mandates registration…

Latest StoriesRegulatory

Vadodara: Man dupes 16 in ₹40 Lakh PMAY flat scam

VADODARA: The Gorwa police have initiated a cheating case against a man accused of defrauding 16 individuals by promising them flats under the Pradhan Mantri Awas Yojana (PMAY) in Vadodara. The suspect, identified as Harish Chauhan, hailing from Akota, is currently on the run. According to a complaint lodged by Varsha Pathak, a resident of Samta Road, she and her husband approached Chauhan in January 2025 while seeking to purchase a flat. Chauhan allegedly claimed to be an agent for the Vadodara Municipal Corporation (VMC) and promised them a house in Subhanpura under PMAY. When Pathak requested to view the…

InfrastructureLatest Stories

Ahmedabad: 20 Homes, 4 Shops Demolished for Road Expansion in Narol

Representative AI image AHMEDABAD: The estate TDO department of the South Zone of Ahmedabad Municipal Corporation (AMC) conducted a demolition drive on Wednesday to clear an 18m-wide road as part of Town Planning Scheme 60 in the Narol area. During the operation, 20 residential houses and four shops that were obstructing the planned road were demolished. Additional encroachments, including platforms within the designated road area, were also removed. A total of 3,510 sq m of land was cleared, facilitating the opening of a 195-metre-long road stretch. Before the demolition, the AMC had issued notices to the occupants, urging them to…

Latest StoriesResidential

Rustomjee Group to invest ₹5,800 crore in Mumbai housing project

Representative AI image NEW DELHI: Rustomjee Group is set to invest approximately ₹5,800 crore in the development of a residential project named Rustomjee Vista Bay in Parel Extension, Mumbai. The project spans 1.52 acres and is designed as a low-density, gated community featuring around 200 residences in a single tower with two wings. It will offer 2BHK and 3BHK homes with sizes ranging from 805 sq ft to 1,356 sq ft. Boman Irani, chairman and managing director of the company, stated, “Vista Bay signifies our entry into Parel Extension at a time when the area is experiencing renewed interest in…

IndustryLatest Stories

Gurugram’s Palam Vihar: Illegal Housing Units Targeted

GURUGRAM: Authorities are set to seal numerous illegally constructed dwelling units in Palam Vihar. The Department of Town and Country Planning (DTCP) has also mandated the disconnection of electricity, water, and sewer services to these properties. The director’s order emphasizes that previous actions were “insufficient” in addressing violations, requiring stricter compliance in the future. This enforcement follows a directive from the Punjab and Haryana High Court issued in May 2025, in response to a petition by local residents. The court requested that authorities investigate the situation and issue a “reasoned order within six weeks.” In light of a new representation…

Latest StoriesRegulatory

Ghaziabad Body Hits Just 50% of Revenue Goal

GHAZIABAD: The Ghaziabad Development Authority (GDA) has struggled to generate revenue from compounding fees during the fiscal year 2025-26, achieving only 50% of its target. The compounding charge is an additional fee levied by the development authority for construction that exceeds the approved layout plan, provided the deviation does not exceed 10%. According to documents obtained by TOI, GDA aimed to collect Rs 103 crore from compounding fees but only managed to gather Rs 52 crore across its eight zones. The compounding charges are approximately Rs 482 per square meter for residential units and double that for commercial properties. For…

Latest StoriesResidential

2,700+ EWS families find homes in Gurugram housing project

GURUGRAM: On Monday, a total of 2,709 EWS families received flats under the Chief Minister Housing Scheme, marking the realization of their long-held dream of homeownership. Each beneficiary will receive a 200 sq ft flat for a maximum cost of ₹1.5 lakh. The flats are part of group housing projects approved by the Department of Town and Country Planning (DTCP) and developed by private firms including Emaar, M3M, DLF, Vatika, Ireo, Sobha, and Godrej. The Haryana Urban Development Authority conducted the allotment at the Gurgaon University campus via an online lucky draw. The event was supervised by district nodal officer…

Latest StoriesResidential

Telangana to Launch Phase Two of Indiramma Housing in April

HYDERABAD: Housing Minister Ponguleti Srinivas Reddy announced in the council on Wednesday that the second phase of the Indiramma housing initiative is set to launch in April and May across the state. In response to questions, the minister stated that the Indiramma housing program will continue annually to ensure housing for the underprivileged. The objective is to construct Indiramma houses in every urban ward within the next three years. Approximately 100,000 houses are expected to be completed by March, and most of the 300,000 houses sanctioned in the first phase will be ready by June or July. Special efforts are…