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Latest StoriesRegulatory

Action Ordered on Illegal Constructions Near Srirangapatna

BENGALURU: Karnataka Upalokayukta Justice B. Veerappa has ordered Mandya district revenue officials to take immediate action against illegally built resorts, homestays, and other properties, including the Chandravana Ashrama, located on encroached government land (Survey Nos. 164–178) along the Cauvery riverfront near Srirangapatna. Acting on his own initiative, Justice Veerappa highlighted violations noted in the tahsildar’s report, indicating that constructions near Chandravana Ashrama and Bangaradoddi canal were built without the requisite 30-metre buffer zone. The order declares these structures as entirely unauthorized, lacking necessary land conversion, Muda-approved plans, municipal permits, and trade licenses, and even altering the river’s natural flow. The…

IndustryLatest Stories

Minister Urges Panchkula Chief to Address Poor Plot Issues

Representative Image PANCHKULA: Haryana’s urban local bodies minister, Vipul Goel, instructed the Panchkula municipal commissioner on Wednesday to promptly address the longstanding issue of allotting 100-yard residential plots to underprivileged families under the Mahatma Gandhi Awas Yojana. He also called for the handover of 24 model houses built in Pinjore under the Adarsh Pradarshan Awas Yojana. These directives were given after a delegation from the Shivalik Vikas Manch met with him and submitted a memorandum. The president of the Manch, Vijay Bansal, reported that the minister urged the commissioner to resolve the matter swiftly. Bansal expressed concern, stating, “Despite the…

Latest StoriesRegulatory

Hyderabad Civic Body to Manage Records of Merged ULBs

HYDERABAD: The Greater Hyderabad Municipal Corporation (GHMC) has instructed deputy municipal commissioners (DCs) to immediately assume control of all administrative records from the 27 urban local bodies (ULBs) set to merge with GHMC. These records will be entrusted to the respective zonal commissioners. Officials are required to seize minutes books from the municipal councils and close the existing bank accounts of ULBs, transferring their balances to the GHMC’s designated bank account. Furthermore, the GHMC commissioner has directed DMCs to compile detailed information from all 27 ULBs, including lists of their employees, records of immovable properties, information on ongoing schemes and…

Latest StoriesResidential

Minister vows relief for rural properties in Bengaluru

BENGALURU: Following the state government’s easing of the Supreme Court-mandated Occupancy Certificate (OC) rule for property owners within Greater Bengaluru limits, there is now hope for thousands of homeowners in gram panchayat areas as well. During a meeting with Energy Minister KJ George, Bengaluru’s MLAs and MLCs requested an extension of the same exemption to panchayat areas, particularly those on the outskirts of GBA. The minister assured the legislators that relief for these residents would be forthcoming. Yeshwanthpur MLA ST Somashekhar highlighted the challenges faced by citizens, noting that much of Bengaluru’s real estate development is occurring in panchayat-governed areas.…

Latest StoriesRegulatory

Illegal Khata Scam: 6 Bengaluru Officials Suspended

BENGALURU: A significant cleanup effort was triggered within the Greater Bengaluru Authority (GBA) following a comprehensive complaint by resident Mohan Babu M. This led to the suspension of six officers and staff from the Begur sub-division for allegedly creating 128 illegal vacant-land khatas. The suspended individuals include assistant revenue officers Suresh, Hemanth Kumar, and Narasimhalu, along with revenue officer Shantesh from Bommanahalli, and second division assistants Bhagyashree and Balalingaraju. Concerns first arose when Mohan Babu contacted the GBA on April 21, 2025, reporting suspicious khata entries related to survey number 31/2 in Naganathapura village, Bengaluru South taluk. He claimed that…

Latest StoriesRegulatory

Builder nabbed in ₹23 crore fraud case in Nashik

NASHIK: A well-known builder in Nashik was apprehended by officials from the crime branch unit 1 late Tuesday in connection with a fraud case involving ₹23 crore. The builder constructed five buildings in Sansari, near Deolali Camp, in 2019. Although customers fully paid for their flats and took possession, he failed to prepare or provide the sale deeds, retaining ownership of the properties. Meanwhile, he colluded with officials from a private finance company to secure a loan of ₹23 crore by using the flats as collateral. The financial firm’s officers did not verify the documents presented by the builder and…

Latest StoriesResidential

Only 20% of Noida Housing Projects Have Cleared Dues

Sure! Here’s a rewritten version of your content: — NOIDA: A detailed financial analysis of 116 group housing projects allocated between the mid-2000s and early 2010s reveals that the Noida Authority has yet to recover ₹34,283 crore in outstanding dues as of November 30. A significant portion of this total, roughly ₹26,000 crore, is associated with projects currently under insolvency proceedings or litigation, rendering them nearly impossible to recover in the short term. Of the outstanding amount, ₹18,703 crore is from nine Amrapali projects and five Unitech projects, both under the oversight of the Supreme Court. Additionally, ₹7,300 crore is…

Latest StoriesRera

Haryana RERA Orders Chintels to Refund Homebuyer with Interest

Certainly! Here’s a rewritten version of the content: — The Haryana Real Estate Regulatory Authority (Ha-RERA) has mandated builder Chintel to refund the buyer, Kumar Mangalam Dalmia, with an interest rate of 10.85% per annum. Dalmia, a complainant against the Chintel Paradiso housing society, had approached the RERA court in Gurugram, seeking a complete refund of his principal amount along with interest based on the current market value of his flat in Chintel Paradiso, Sector 109, Gurugram. In February 2022, a tragic collapse at Chintel Paradiso resulted in the loss of lives. Despite paying over Rs 1 crore for his…

CommercialLatest Stories

JPMorgan Chase leases 176,000 sq ft office in Hyderabad

Representative Image BENGALURU: JPMorgan Chase has sub-leased a 176,000 sq ft facility in Hyderabad, marking another significant deal by the US financial services giant to secure office space in India’s major talent and technology hubs to enhance its global operations. This transaction is one of the largest by a financial services company in Hyderabad this year, underscoring JPMorgan’s ongoing commitment to India’s global capability centre (GCC) ecosystem. The space, located in Skyview 20, an office tower in Madhapur, has been rented under a general service agreement between JP Morgan Services and WeWork India Management, as per lease documents acquired from…

IndustryLatest Stories

Telangana Raises ₹1,000 Crore from Neopolis Land Auction

Representative AI image HYDERABAD: The Telangana government continues to thrive in land sales, recording approximately Rs 1,000 crore on Wednesday through the third round of auctions conducted by the Hyderabad Metropolitan Development Authority (HMDA), surpassing the Rs 100 crore per acre milestone. In the recent auction, Yula Constructions LLP and Globus Infracon LLP secured a 4-acre plot (No. 19) with a winning bid of Rs 131 crore per acre, while Brigade Enterprises Limited acquired another 4.04-acre plot (No. 20) for Rs 118 crore per acre. Cumulatively, HMDA’s earnings from all three phases of the Kokapet auctions now total Rs 3,708…