Category: Latest Stories

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Latest StoriesRegulatory

ED Uncovers ₹17 Crore Land Fraud Involving Dharani Misuse

HYDERABAD: An investigation by the Enforcement Directorate (ED) has uncovered alleged manipulation of the Dharani Portal, the state’s integrated land records management system, concerning the fraudulent acquisition and sale of government land in Nagaram village. Central to this case is a false affidavit that purportedly supported land succession and subsequent sale. The ED’s provisional attachment order indicates that Khader Unissa submitted an affidavit on the Dharani Portal, claiming to be the sole legal heir of her deceased father, Nawab Haji Ali Khan. Documentation and statements from revenue officials, however, confirm that Ali Khan had two sons, Farooq Ali Khan and…

InfrastructureLatest Stories

Kolkata: Pay ₹1 lakh for littering in New Town vacant lots

KOLKATA: The New Town Kolkata Development Authority (NKDA) is putting up display boards in vacant plots around New Town to discourage illegal dumping, with fines ranging from ₹1,000 to ₹1 lakh. Residents have noted that many vacant areas in New Town have turned into dumping grounds and breeding sites for mosquitoes. NKDA is also planning to implement a redressal system for the effective removal of construction and demolition waste. Residents can notify authorities of any C&D waste in the area for swift cleanup. “A dedicated helpline will be established to handle complaints about construction and demolition waste, particularly in Action…

InfrastructureLatest Stories

Ghaziabad to Notify Township Land to Ease Acquisition Hurdles

GHAZIABAD: Families in five villages of Ghaziabad have faced a long and uncertain wait for development. The promise of the Harnandipuram township, projected as a modern urban center, has been clouded by delays in land acquisition. The Ghaziabad Development Authority (GDA) has now opted to invoke the Land Acquisition Act, aiming to accelerate the project. During a board meeting on Tuesday, the GDA approved moving forward with land acquisition for Harnandipuram under the Land Acquisition Act, moving away from the slower mutual consent method. Since March, only 14 hectares have been secured via negotiations, with another 6 hectares pending, leaving…

Latest StoriesRegulatory

ED Raids 17 Builder Locations in Jaipur

JAIPUR: The Enforcement Directorate (ED) has executed extensive raids at various locations in the city, targeting the premises of businessmen involved in the real estate sector. The raids concentrated on 17 sites associated with businessmen Gyan Chand Agarwal, Jugal Kishor Derawala, Dalpat Singh, Govardhan Agarwal, and Anil Jain. These actions were initiated following a case under the Prevention of Money Laundering Act (PMLA) registered on June 9, 2025, which uncovered significant foreign investments by these individuals in Dubai, Singapore, Cyprus, and Hong Kong. Officials reported seizing important financial documents during the raids related to the accused’s dealings. Gyan Chand Agarwal…

Latest StoriesResidential

Mysuru Body Raises Base Price, Boosts Vijayanagar Realty Rates

MYSURU: The base price set by the Mysuru Development Authority (MDA) for sites in the prestigious Vijayanagar Stage IV, Phase II, has had a direct and negative influence on property prices in west Mysuru, according to local developers. They argue that inflated prices have created a bubble, misleading many into believing there is a boom in the real estate sector. The MDA initially pegged the base price at Rs 8,000 per square foot for premium corner plots, which has since been increased three times, establishing a new pricing benchmark and prompting property owners in the affluent area—comprising around 18,000 sites—to…

Latest StoriesRegulatory

Lucknow: All Ansal Group Cases Moved to Crime Branch

LUCKNOW: In a significant move aimed at accelerating justice for numerous defrauded homebuyers, the Lucknow Police have transferred all cases associated with Ansal Properties & Infrastructure Ltd (APIL) and its promoters to the crime branch for a thorough and impartial investigation. Officials indicated that this measure intends to systematically investigate the extensive network of real estate frauds that has persisted for almost two decades. According to data from the Commissionerate, 293 FIRs have been filed against Ansals. Out of these, 244 cases have already been handed over to the Crime Branch, with the remaining 49 to be processed shortly. The…

IndustryLatest Stories

Lucknow plans 300-acre logistics park, 15,000 Varun Vihar plots

LUCKNOW: The Lucknow Development Authority (LDA) is set to develop a 300-acre logistics park as part of the upcoming Varun Vihar scheme along the Agra expressway. This initiative will also include over 15,000 residential, commercial, and group housing plots, making it one of the state’s largest housing and infrastructure projects. During a site inspection on Wednesday, LDA Vice-Chairman Prathamesh Kumar urged officials to expedite land acquisition. He engaged with engineers, project officials, and farmers at the site office in Dona village. Kumar stated, “Varun Vihar is designed to provide homes for countless families while also generating new employment and investment…

Latest StoriesResidential

Apartment Owners Demand RWA GST Rollback

BENGALURU: The Goods and Services Tax (GST) Council is set to review certain GST slabs starting Wednesday. In response, the Bangalore Apartments’ Federation (BAF) has launched a petition aiming to eliminate the 18% GST on apartment maintenance fees. According to federation members, the notification issued in 2019 has placed an unfair financial strain on Residents’ Welfare Associations (RWAs) and apartment owners alike. The petition, hosted on change.org by BAF, claims, “The notification mandates that GST is applicable on the entire monthly maintenance fees collected by RWAs if charges exceed Rs 7,500 per month per member or unit.” It emphasizes how…

Latest StoriesRera

Telangana RERA Fines Vasavi Realtors for Delay in Flat Delivery

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG RERA) has mandated Vasavi Realtors LLP to pay 10.8% annual interest to buyers of the Vasavi Lake City project at Hafeezpet due to delays in possession delivery. A group of 23 buyers, including Venkata Satya Naga Sudheer Kurapati from Miyapur, lodged a complaint citing significant delays and poor communication from the developer regarding the west wing of the project. The original handover was set for August 2023 but saw extensions to February 2024 and then February 2025, none of which were fulfilled. The buyers reported having paid a total of 1 crore,…

IndustryLatest Stories

GST Council Approves Two-Tier Tax Structure Starting September 22

NEW DELHI: The GST Council has approved reductions in tax rates on commonly used items such as hair oil, corn flakes, televisions, and health and life insurance policies, marking a significant revamp of the Goods and Services Tax system. The new GST rates, effective from September 22, will reduce the current four tax slabs to just two: 5% and 18%. This change comes as India prepares for the start of Navaratri. This initiative aims to enhance domestic spending and mitigate the economic impact of US tariffs by significantly lowering tax rates on most personal use items. Following a lengthy GST…