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Latest StoriesRegulatory

Gurugram Seals Two Properties Over Tax Delinquency

Representative Image GURUGRAM: The MCG has ramped up its actions against property tax defaulters, sealing two properties in Saraswati Enclave due to overdue payments totaling ₹43 lakh. Officials reported that one property had an outstanding tax of ₹20.9 lakh, while the other owed ₹22 lakh. This action follows the failure of property owners to settle their dues despite numerous reminders. The sealing drive is part of ongoing efforts to bolster revenue collection and ensure tax compliance. In the past 15 days, the MCG has sealed 28 properties in Zone 1 alone. Additionally, 33 more properties have been flagged for potential…

Latest StoriesRegulatory

Noida Authority Issues Conditional OC to Sports City After SC Order

NOIDA: During its board meeting on Saturday, the Noida Authority issued a conditional occupancy certificate for the long-delayed Sports City project in Sector 150. This decision comes after the Supreme Court’s order from November 24, which approved a framework for reviving the Sports City SC-02 project developed by Lotus Green Constructions. The ruling enables construction to resume after nearly three years, offering a reprieve for approximately 20,000 homebuyers waiting for possession or registration of their properties. The Supreme Court mandated that the Noida Authority lift the ban placed on the developer in January 2021 within 30–45 days. Lotus Green plans…

Latest StoriesRegulatory

Mumbai police charge developer for cheating Motilal Oswal Finance

Here’s a rewritten version of the content: MUMBAI: The Dadar police have filed a chargesheet against a developer for allegedly defrauding Motilal Oswal Finance Ltd by selling mortgaged property that served as collateral for a housing project loan of ₹158 crore taken nearly ten years ago. The chargesheet names Ramakant Jadhav, director of Karm Infrastructure, while his partner Ketan Patel has been cleared of any wrongdoing. The police submitted a 500-page chargesheet to the Additional Chief Metropolitan Magistrate’s 5th Court in Sewri in December 2025. They have also requested permission to file a supplementary chargesheet once the absconding accused is…

InfrastructureLatest Stories

29 Illegal Baghpat Colonies Notified; Bulldozer Action Ahead

Sure! Here’s a rewritten version of the content: — MEERUT: The Baghpat development authority and district administration have issued notices to 29 illegal colonies and a private school in a crackdown on unauthorized constructions, according to officials. If the violations are not addressed, demolition actions will be initiated. The private school, which accommodates nearly 1,000 students, faces scrutiny for purportedly conducting construction without required approvals. “Certain construction activities were executed on the school premises without obtaining the necessary building map approval,” stated Baghpat ADM Vineet Kumar Upadhyay. This has been deemed a serious breach of regulations, prompting the development authority…

IndustryLatest Stories

Kerala to implement blockchain for secure land transactions: CM

Representative AI image KANNUR: Kerala Chief Minister Pinarayi Vijayan announced on Sunday that the state government is planning numerous initiatives, including the application of blockchain technology, to enhance the security of land transactions. The chief minister emphasized the government’s goal to deliver comprehensive services directly to citizens’ homes, minimizing the need for office visits. “We have several initiatives in the pipeline, such as utilizing blockchain technology to secure land transactions further and employing scientific methods to eliminate fraudulent documents and duplicate registrations,” he stated. Vijayan shared these insights after inaugurating the annual Registration Department Day celebrations and recognizing the top-performing…

InfrastructureLatest Stories

Goa Plans New Green Areas in Calangute, Anjuna for Settlements

Representative image PANAJI: Just days after the town and country planning department annulled the conversion of 300,000 sqm in Arambol, the department approved the conversion of eco-sensitive land under Section 39A of the Goa Town and Country Planning Act in Calangute, Para, Anjuna, and Aldona. The department authorized 15 proposals that collectively convert 35,685 sqm of orchards and natural tree cover into settlement zones, predominantly affecting ecologically sensitive areas sought by real estate developers. The TCP board adopted these proposals during its 225th meeting, issuing a relevant gazette notification thereafter. A significant portion of the land identified for conversion exists…

InfrastructureLatest Stories

Nagpur Metro Phase III Extended to New Nagpur and Butibori

File Photo NAGPUR: The expansion of the Metro’s Phase 3 is set to exceed its original limits, with plans to extend the network to New Nagpur and add an additional 5 km stretch beyond Butibori MIDC, greatly expanding the city’s future mass transit infrastructure, according to senior officials from MahaMetro speaking to TOI. The updated plan has been integrated into the Comprehensive Mobility Plan (CMP) and submitted to the government. Initially, Phase 3 was designed primarily as a Sitabuldi-Koradi corridor to enhance connectivity between the city center and the rapidly growing northern region. Current plans include the addition of two…

Latest StoriesRegulatory

HC Rejects Noida Authority’s ₹168 Crore Lease Rent Claim

NOIDA: The Allahabad High Court has annulled a lease rent demand of approximately Rs 168 crore raised by the Noida Authority against Vision Town Planners concerning a commercial plot in Sector 94 that was initially allocated to BPTP International Trade Centre Ltd. On December 19, Justice Prakash Padia also mandated a refund of around Rs 7.4 crore collected as change in constitution (CIC) charges, along with 9% annual interest. The court ruled that the authority acted unlawfully by imposing lease rent without providing legal possession of the subdivided plot, and improperly retained CIC charges, despite established judicial precedents that deemed…

Latest StoriesRegulatory

ED Files Charge Sheet in ₹145-Crore Sand Mining Case

KOLKATA: On Saturday, the Enforcement Directorate (ED) filed a charge sheet at the special CBI court regarding illegal sand mining in Bengal, estimating the financial irregularities at nearly Rs 145 crore. The charge sheet identifies 14 companies and four individuals, including businessman Arun Saraf and three employees. Another businessman, Anuran Kumar Senapati, previously questioned by the ED, has been designated as a witness. “My client fully cooperated with the investigating agency,” stated Senapati’s lawyer, Sanjib Dan. The ED’s investigation uncovered that illegal sand mining and sales had been ongoing for an extended period under various companies. They allege that Saraf…

CommercialLatest Stories

Six Commercial Plots Secured in Pithampur’s Sector 7

Representative AI image INDORE: The Madhya Pradesh Industrial Development Corporation (MPIDC) has allocated land to six owners under the land pooling scheme, part of the development of the Sector 7 industrial belt in Pithampur. The allocation process involved 47 commercial plots valued at ₹47 crore, following an invitation for applications from landowners. Two owners opted for alternative locations, which will be allotted later, while seven others who could not attend will be included in a lottery supervised by officials. Himanshu Prajapati, executive director of MPIDC Indore, stated, “Any remaining compensation will be promptly settled with the allocation of residential plots…