Category: Latest Stories

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InfrastructureLatest Stories

Land Pooling Scheme 2.0 Accelerates in Amaravati Following APSRA Change

Representative image VIJAYAWADA: The recent amendment to the Andhra Pradesh State Reorganisation Act (APSRA), designating Amaravati as the state capital, has alleviated doubts, leading to increased participation from farmers in villages involved in the second phase of the Land Pooling Scheme (LPS 2.0). Reports indicate that farmers from Pedaparimi village have offered up 1,000 acres of land. To foster the development of a greenfield airport, a sports complex, and high-tech industries, the state government has revealed plans to acquire an additional 16,666 acres from neighboring villages within the Thulluru, Tadikonda, and Pedakurapadu mandals. Initially, only a small number of farmers…

Latest StoriesResidential

Atal Apartment Scheme Draw by Ludhiana Trust on April 14

Representative image LUDHIANA: The Ludhiana Improvement Trust (LIT) has announced a public notice for applicants of the Atal Apartment scheme. They are invited to Nehru Sidhant Kendra on April 14 for a draw of the remaining flats. The LIT has received an impressive number of applications, totaling over 1,500. Specifically, LIT received 566 applications for High-Income Group (HIG) flats and 974 for Middle-Income Group (MIG) flats, making a total of 1,540 applications. After careful scrutiny, these applications were posted on the office notice board on March 23 and on the LIT website. The final list has been revised and updated…

InfrastructureLatest Stories

Hyderabad: 861 Acres Cleared, Apartments and Farmhouses Demolished

Representative AI image HYDERABAD: In a massive operation revealing a vast land network, the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) took decisive action on Saturday, deploying heavy police presence and bulldozers to secure 861 acres of valuable government land in Ameenpur, Sangareddy. The estimated worth of the land exceeds Rs 15,000 crore. The high-stakes operation, executed in coordination with local revenue and municipal bodies, resulted in the demolition of key structures, including a six-storey apartment building, a large farmhouse, and a guest house. Demolition work commenced around 9 AM, causing panic among residents as families hurried to evacuate…

Latest StoriesResidential

PPCB Protects Homebuyers from Builders’ Eco Violations

PATIALA: The Punjab Pollution Control Board (PPCB) has mandated that innocent homebuyers will not face penalties for environmental breaches by real estate developers, while still enforcing strict actions against non-compliant builders. This decision follows numerous public appeals and recommendations from a committee of senior officials formed in March. The board noted that previous restrictions on housing and commercial projects due to pollution violations unduly affected buyers who invested their life savings without awareness of these issues. The PPCB’s order dated April 9 pointed out that limitations such as prohibiting sale deeds in non-compliant projects hindered genuine buyers seeking affordable homes.…

Latest StoriesRegulatory

Ghaziabad Reduces Property Tax Rates by Up to 40%

GHAZIABAD: On Saturday, the Ghaziabad Municipal Corporation (GMC) approved a 35-40% reduction in property tax rates, resolving a year-long impasse after the UP government introduced revised tax slabs. The GMC’s executive committee approved the resolution, which will lower the maximum tax from ₹4 to ₹3.40 per square foot, effective from April 15. This rollback follows months of protests from residents and political tensions, especially as the upcoming assembly elections loom. The state government’s formal directive provided the necessary intervention to resolve the deadlock between elected officials and the civic body regarding the earlier tax hike. Under the new structure, property…

IndustryLatest Stories

Flat Dispute in Mumbai: Developer, Designer’s Kin File Cross FIRs

MUMBAI: A disagreement between a builder and a buyer regarding a flat in Oshiwara has resulted in the filing of cross FIRs. The Oshiwara police have initiated a cheating case against developer Sameer Bhube following a complaint from fashion designer Riyaz Ganji. Simultaneously, an extortion case was registered against Ganji and his niece, Fazila Mukhi, based on the builder’s counter-complaint. According to the complaint, in April 2016, Ganji made a payment of Rs 45 lakh out of a total of Rs 72 lakh for a flat in the Royal Green Project, which is registered in the names of Akil and…

InfrastructureLatest Stories

Andhra Pradesh to Use Land Sales, Not Taxes, for Amaravati Debt

AMARAVATI: Andhra Pradesh Municipal Minister P Narayana announced on Saturday that the debts related to the greenfield capital city of Amaravati will be resolved by selling 5,000 acres of land, rather than using taxpayer funds. The minister remarked that the state has allocated 5,000 acres in Amaravati, estimating that each acre could be valued at Rs 20 crore by the time construction of the greenfield capital is finalized. “We will not utilize the taxes paid by citizens to settle Amaravati’s debts. Instead, we will clear them through the sale of 5,000 acres of land in Amaravati,” Narayana stated in an…

Latest StoriesRegulatory

ED Seizes ₹6 Crore in Homebuyers’ Fraud Case Against Earth Infrastructures

NEW DELHI: The Enforcement Directorate (ED) has confiscated ₹6.3 crore in cash and jewellery valued at ₹7.5 crore during investigations into a Delhi-based real estate company accused of defrauding homebuyers, which is currently facing insolvency proceedings, as reported on Saturday. The operation, conducted under the Prevention of Money Laundering Act (PMLA), began on Friday, targeting 10 locations associated with former directors, promoters, and related entities of Earth Infrastructures Ltd. (EIL) in Delhi and Gurugram. The company has been undergoing a corporate insolvency resolution process (CIRP) since June 2018, according to official records. The ED’s investigation was prompted by five FIRs…

Latest StoriesRegulatory

Delhi HC permits demolition in Shalimar Bagh area

NEW DELHI: The Delhi High Court has permitted authorities to initiate a demolition drive in Shalimar Bagh for public road expansion, granting residents until May 30 to vacate the area. A bench comprising Justices Prathiba M Singh and Madhu Jain reviewed a petition from Saroj, a Shalimar Bagh local, representing around 98 residents living on government-acquired land in Haiderpur village. The Delhi government was represented by Additional Solicitor General Chetan Sharma, Legal Aid Counsel Dheeraj Kumar Singh, and Standing Counsel Sanjay Kumar Pathak. In an order dated April 6, the court remarked: “The advancement of infrastructural projects, especially those concerning…

Latest StoriesRegulatory

Mangaluru civic body collects ₹149.6 crore in property tax FY26

MANGALURU: Mangaluru City Corporation (MCC) has achieved its highest property tax collection to date, amounting to Rs 149.6 crore under the Self-Assessment Scheme (SAS) for the financial year 2025-26, according to commissioner Ravichandra Naik. In a statement to the press, Naik mentioned that the estimated demand for the fiscal year was Rs 112 crore, with previous collections of Rs 137 crore in 2024-25 and Rs 117 crore in 2023-24. The city, divided into 60 wards, encompasses a total of 2,22,256 properties, comprising 1,75,724 residential units, 44,074 commercial properties, 1,175 industrial properties, and 1,283 non-residential properties. Naik noted that the rise…