Category: Regulatory

Keep up with important regulatory news affecting real estate, including government policies, tax reforms, compliance requirements, and RERA updates. Understand how these regulations impact developers, investors, and buyers.

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HC Urges Nagpur Civic Body to Tackle Illegal Buildings by Vidhan Bhavan

NAGPUR: Following years of judicial scrutiny and administrative inaction, the Nagpur Municipal Corporation (NMC) has initiated the demolition of unauthorized structures in two notable buildings — one located opposite the Vidhan Bhavan in Civil Lines and the other in Sadar. This decision follows pointed remarks from the Nagpur Bench of the Bombay High Court. During a court hearing on Thursday, the NMC, represented by counsel Jemini Kasat, announced that it had issued notices to the building owners, mandating the removal of illegal constructions within 15 days. Should they fail to comply, the NMC will proceed with demolition on the 16th…

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HC Dismisses YEIDA’s Appeal on Township Land Order

NOIDA: The Allahabad High Court has dismissed review petitions filed by the Yamuna Expressway Industrial Development Authority (YEIDA), upholding its previous order mandating the authority to transfer physical possession of land allocated to Silverline Furnishing and Furnitures Pvt Ltd for a residential township project. A division bench comprising Justices Siddhartha Varma and Ashutosh Srivastava stated that YEIDA failed to highlight any “error apparent on the face of the record” regarding the court’s judgment on November 16, 2023. The bench noted that the review petitions were essentially attempts to reargue the case, which is not allowed in review jurisdiction. The conflict…

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Telangana to Forensically Audit Land Deals in All Districts

HYDERABAD: The government has announced plans to carry out forensic audits throughout all districts to identify irregularities associated with the Dharani portal, following multiple violations uncovered in preliminary audits in Siddipet and Sircilla. Revenue Minister Ponguleti Srinivas Reddy stated on Saturday that those found exploiting the Dharani portal to illegally obtain government land and misappropriate registration revenues would face stringent action. He made these remarks during a high-level committee meeting at the Secretariat. “The state government has decided to conduct forensic audits across all districts to uncover irregularities linked to the Dharani portal. Several violations have already been identified in…

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CBI Insights: Wiztown Planners and Noida Sports City

LUCKNOW: The tragic death of 25-year-old techie Yuvraj Mehta has intensified the Central Bureau of Investigation’s (CBI) scrutiny into the alleged irregularities linked to Noida’s ambitious Sports City project, highlighting Wiztown Planners Pvt Ltd as a focal point of the inquiry. Mehta’s car tragically veered into a flooded area in Sector 150 of Noida in the early morning of January 16. The land involved is reportedly connected to Wiztown, which is one of the entities formed from the original Sports City project allotments. In light of the incident, the CBI expanded its inquiry into the Sports City–02 project, placing a…

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Lucknow: Properties Worth ₹158 Crore in Rohtas Project Seized

LUCKNOW: On Friday, the Lucknow zonal office of the Directorate of Enforcement provisionally attached 75 immovable properties and two movable properties valued at Rs 158.85 crore, with a current market valuation exceeding Rs 350 crore, under the Prevention of Money Laundering Act, 2002, as part of a money laundering investigation related to Rohtas Project Limited and associated entities. The immovable properties, valued at Rs 141.21 crore, are registered under the names of Deepak Rastogi, promoter of the Rohtas group, and various entities including Vardan Township Pvt Ltd and several benamidars. The movable properties, valued at Rs 17.64 crore, belong to…

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Noida Techie Death: NBW Issued for Lotus Founder Nirmal Singh

NOIDA: A non-bailable warrant has been issued for the absconding founder of Lotus Greens, Nirmal Singh, linked to the death of engineer Yuvraj Mehta, who drowned after his car fell into a waterlogged trench in Sector 150 on January 17. Singh has evaded capture since the case came to light, prompting multiple police raids to locate and arrest him. Authorities warned that failure to surrender could result in property attachment proceedings against him. Singh faces charges under various acts, including the Environment Protection Act of 1986 and the Water (Prevention and Control of Pollution) Act of 1974, along with multiple…

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PMLA Court Denies Jailed Director’s Request for Online Meetings

CHANDIGARH: In a significant ruling, the Special PMLA court in Gurgaon denied requests from Arvind Walia, an imprisoned director of Ramprastha Promoters and Developers Private Ltd, to conduct online meetings or manage professional responsibilities from jail. Walia is currently held in Gurugram jail after his arrest by the Enforcement Directorate (ED). Walia and fellow director Sandeep Yadav were taken into custody on July 21 last year, accused of defrauding over 2,000 homebuyers by collecting approximately ₹1,100 crore across various real estate projects, failing to deliver possession for over 14 years. Through his lawyer, Walia submitted applications to Judge Vani Gopal…

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Nashik Civic Body Boosts Property Tax Recovery for 2025-26

NASHIK: The municipal authority has decided to intensify its property tax recovery efforts to achieve the collection goal for the financial year 2025-26. Starting next week, new notices will be sent to property owners who failed to pay their dues during the four-month amnesty scheme that was active from September to December 2025. The Nashik Municipal Corporation (NMC) has set a property tax collection target of ₹275 crore for the fiscal year 2025-26. As of January 22, the civic body has collected only ₹212 crore, resulting in a remaining shortfall of ₹63 crore within the next two months. In contrast,…

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Noida Techie Death: Two Builders Arrested

NOIDA: Two builders were arrested by Noida police on Thursday in relation to the death of a software engineer who drowned when his car fell into a waterlogged trench near a construction site in Sector 150. “The detained individuals have been identified as Ravi Bansal from Faridabad and Sachin Karnwal from Ghaziabad,” a police official informed PTI. According to the official, both are affiliated with real estate developer Lotus Greens, though their specific positions have yet to be verified. The police made the arrests under Sections 105 (culpable homicide not amounting to murder), 106 (causing death by negligence), and 125…

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Techie’s Death: NGT Urges Noida Authority on Waterlogging Issue

NEW DELHI: The National Green Tribunal (NGT) has requested a response from the Noida Authority regarding alleged failures in stormwater management that resulted in waterlogging and the drowning of software engineer Yuvraj Mehta in Noida. The tribunal acted after taking suo moto notice of a news article covering the incident where Mehta’s car fell into a flooded trench in Sector 150. A bench comprising NGT Chairperson Prakash Shrivastava and expert member A Senthil Vel observed a report indicating that “Mehta misjudged a sharp turn and, due to fog, ended up in the trench. The area was initially designated for a…