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Latest StoriesRegulatory

1.6 Lakh Notices Sent to Telangana Property Tax Defaulters

Representative AI image HYDERABAD: Civic authorities in the Core Urban Region (CURE) are stepping up efforts to collect overdue property taxes as the fiscal year 2025–26 approaches its end, sending numerous notices to defaulters. In the past 15 days, the Greater Hyderabad Municipal Corporation (GHMC), the Cyberabad Municipal Corporation (CMC), and the Malkajgiri Municipal Corporation (MMC) have issued approximately 164,000 demand notices to property owners who have not settled their dues. Out of nearly 2.88 million property tax assessments in the city, around 40% remain unpaid for the current financial year. Additionally, the total outstanding amount is alarming. While the…

Latest StoriesRera

MahaRERA clears 6,945 homebuyer complaints, tackles backlog

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) announced on Monday that it has addressed 6,945 complaints over the last year. This announcement comes after concerns were raised in the state assembly regarding the backlog of homebuyer grievances and the sluggish recovery of dues from non-compliant developers. Officials reported a significant increase in the complaint resolution rate, highlighting a faster pace of hearings in the past two years. Approximately 6,000 complaints still await resolution, but hearings have begun for nearly all cases except those lodged in the last two months. The rise in complaints and the delay in executing recovery…

Latest StoriesRegulatory

Bombay HC Rejects Koli Societies’ Slum Redevelopment Challenge

MUMBAI: The Bombay High Court has dismissed a petition filed by two societies representing the Koli community from Danda Koliwada, a fishing village in Khar West. The petition challenged a court-appointed committee’s determination that slum redevelopment would not negatively impact their activities. Justices Makarand Karnik and Shriram Modak remarked that the societies’ challenge to the committee’s findings and requested reliefs involved intricate fact-finding and the need to evaluate evidence. They noted, “Hence the dispute raised by the petitioners can only be resolved before the competent civil court, and it is not possible for us to examine such disputes under writ…

Latest StoriesRegulatory

Allahabad HC: Ensure Lifts, Ramps for Disabled in Complexes

PRAYAGRAJ: The Allahabad High Court has instructed Uttar Pradesh authorities to ensure that residential complexes equip themselves with accessible parking and amenities such as lifts, pavements, and gyms for individuals with disabilities. “Accessibility is a fundamental right for persons with disabilities, enabling access to facilities that are standard in a building,” stated the high court. The court was addressing a writ petition brought by M/S Scc Builders Private Limited, a construction firm, in response to an order related to the Rights of Persons with Disabilities Act, 2016, concerning the parking space allocated to a resident at SCC Sapphire, a housing…

Latest StoriesResidential

Noida: Mahagun Mywoods Runs 11 Hours on Genset After Power Cut

Representative image NOIDA: Power to Mahagun Mywoods in Greater Noida West was cut on Monday morning due to the developer’s failure to pay electricity dues amounting to approximately Rs 72 lakh, leaving thousands of residents reliant on diesel generators. The power connection was restored around 8 PM after the outstanding amount was settled. Noida Power Company Limited (NPCL) officials reported that the disconnection happened at 9 AM after multiple notices to the society management went unanswered. The residential complex comprises 31 towers with around 6,100 flats. Of these, 4,800 units in 27 towers are occupied, housing over 15,000 residents. The…

Latest StoriesResidential

DRA Homes Buys 3.91 Acres in Chennai for ₹49.7 Crore

Certainly! Here’s a rewritten version of the provided content: NEW DELHI: DRA Homes has purchased 3.91 acres of land in Karanai, located off the Old Mahabalipuram Road (OMR) in Chennai, for ₹49.70 crore. The company intends to establish a mid-segment residential community on this site, with an anticipated inventory value of approximately ₹500 crore. Ranjeeth Rathod, the managing director, commented, “The acquisition in Karanai is in line with our strategy and will reinforce our development pipeline in Chennai.” Earlier in January 2026, the company secured a ₹250 crore debt platform from Yubi to enhance its land acquisition capabilities in high-growth…

Latest StoriesRegulatory

ED Raids Mantri Developers’ Offices and Homes in Bengaluru

BENGALURU: The Enforcement Directorate (ED) conducted search operations on Monday at the residential and office premises of Mantri Developers Private Limited and its directors in Bengaluru, relating to a money laundering investigation, officials reported. The searches are being executed under Section 17 of the Prevention of Money Laundering Act (PMLA). The operation began around 8 AM, led by a team from the ED’s Delhi office, as part of an ongoing probe into alleged financial irregularities tied to the company. According to officials, multiple ED teams simultaneously searched various residential and office locations associated with the real estate firm and its…

CommercialLatest Stories

Manglam Group to Invest ₹400 Cr in Jaipur Commercial Project

NEW DELHI: Manglam Group is set to invest around ₹400 crore in the development of Summit Signature Sangam, a commercial project located along Ajmer Road in Jaipur. This project is being executed in collaboration with Sangam India. Covering over 11,500 sq yards, the project is designed as a ground plus three-floor commercial space, featuring floor plates that start at approximately 1,100 sq ft. Published on Mar 16, 2026 at 02:00 PM IST Join the community of 2M+ industry professionals. Subscribe to our newsletter for the latest insights and analyses delivered to your inbox. Stay updated on ETRealty industry news right…

InfrastructureLatest Stories

VMRDA Launches ‘Vizag Bay City’ Coastal Project in Visakhapatnam

Representative AI image VISAKHAPATNAM: Following NITI Aayog’s proposal for the development of ‘Vizag Bay City’ as a 40-sq-km integrated coastal hub, the Visakhapatnam Metropolitan Region Development Authority (VMRDA) is now moving forward with this initiative. The urban development agency has issued a request for proposals to find a consultant that will create an area development plan along with a catalytic project strategy. The NITI report outlines a vision to transform a 25-km stretch along the coastline between Kailasagiri and Bheemunipatnam into a lively, mixed-use waterfront city. Inspired by global models like Miami’s Bayshore Corridor and Dubai’s Jumeirah Beach, the Bay…

InfrastructureLatest Stories

Goa Town Planning Proposes 14 Zone Changes Under 39A

Representative AI image PANAJI: Amid increasing calls to abolish Section 39A of the Town and Country Planning Act, the TCP department has proposed converting 14 tracts of land across four talukas from agricultural fields and green cover to settlement zones. The proposed conversions encompass approximately 11,908 square meters across villages in Bardez, Ponda, Quepem, and Salcete. These land use change proposals have been approved by the TCP board and are now open for public objections for a period of 30 days. Notable proposals include two adjacent applications in Arpora, Bardez. Beyond Villas LLP has applied for the conversion of 5,642…