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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Bombay HC Orders Probe into 900+ Mhada Redevelopment Notices

MUMBAI: The Bombay High Court criticized Mhada on Monday for its illegal and overreaching actions in issuing more than 900 redevelopment notices for premises deemed dangerous, infringing on the constitutional rights of owners of cessed buildings, as well as often impacting their tenants. The court described these notices and the redevelopment authority exercised by Mhada’s executive engineers and repair board as a “regime of colossal arbitrariness and abuse of power,” deeming such acts as blatant illegalities. The judges noted that simply allowing a stay on the notices—which Mhada later chose not to withdraw—was insufficient. Consequently, they mandated an investigation by…

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SC Approves Motilal Nagar Redevelopment via C&DA Model

NEW DELHI: On Monday, the Supreme Court upheld the Maharashtra Housing and Area Development Authority’s (MHADA) plan to redevelop Mumbai’s Motilal Nagar using the Construction and Development Agency (C&DA) model, dismissing challenges from local resident associations. A bench comprising Justices Vikram Nath and Sandeep Mehta rejected a special leave petition filed by three parties – Motilal Nagar Jankalyankari Samiti, Motilal Rahivasi Vikas Sangh, and Gaurav Arun Rane – against a Bombay High Court decision that facilitated the redevelopment of 143 acres in Motilal Nagar I, II, and III through the C&DA framework. Solicitor General Tushar Mehta, who represented MHADA, argued…

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SIT Established to Investigate Property Tax Scam: State to HC

MADURAI: The state informed the Madras High Court on Friday that a Special Investigation Team (SIT), led by Deputy Inspector General of Police, Madurai Range, Abhinav Kumar, has been formed to investigate the property tax scam in the Madurai Corporation. In light of these updates, a division bench comprising Justice S M Subramaniam and Justice A D Maria Clete directed authorities to submit a progress report on the investigation and postponed the hearing for two weeks. The court was addressing a public interest litigation submitted by T Ravi, an AIADMK councillor from Ward 83 of the Madurai Corporation. The petitioner…

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ED Investigates Reliance Home Finance Over ₹7,000 Crore Loans

NEW DELHI: The Enforcement Directorate (ED) is currently examining extensive documents and digital records obtained from Anil Ambani’s Reliance group during searches conducted from July 24 to Sunday. The agency is particularly focused on the alleged diversion of Rs 12,000 crore in loans by Reliance Home Finance Ltd (RHFL) to various affiliated entities. The ED is receiving support from the National Financial Reporting Authority, CBI, the Securities and Exchange Board of India (SEBI), and the National Housing Bank, as the case involves significant public fund misappropriation. Approximately a dozen related entities are undergoing insolvency proceedings, leading to substantial losses for…

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Bombay HC Rejects Plea, Motilal Redevelopment Progresses

MUMBAI: The Bombay High Court has dismissed a review petition, allowing the redevelopment of 141 acres of MHADA land in Goregaon West, known as Motilal Nagar. MHADA has appointed Adani Realty as the consultant and Development Agency (CDA) for the project, which is expected to be the largest housing initiative in the city. Motilal Nagar Vikas Samiti, a resident group, filed the review petition to contest the court’s initial ruling from March 6, 2025, by Chief Justice Alok Aradhe and Justice Bharati Dangre. They sought an interim stay to prevent MHADA and the awarded developer from proceeding with the project.…

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Bombay HC Halts Slum Rehab on Mumbai University Land

MUMBAI: The Bombay High Court has placed a stay on a Slum Rehabilitation Authority (SRA) scheme concerning over 3.5 acres of land claimed by Bombay University. This land was acquired for academic use by the Mumbai Collector between 1967 and 1974. Despite the acquisition, the land was not registered under the university’s name, and third-party rights were established in favor of a developer due to outdated revenue records, as stated in a petition by Mumbai University (MU). The university pointed out that by 2024, the land had been designated as a slum because of encroachment, without any notice given to…

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Telangana Court Orders Builders to Compensate in Two Cases

HYDERABAD: The Ranga Reddy district consumer disputes redressal commission has favored consumers in two distinct real estate cases — one concerning delayed flat possession and another about promised returns on land-linked investments. Refunds and compensations were mandated in both instances. In the initial case, Rajitha Guduru from Bachupalli paid Rs 25 lakh in installments to a real estate company engaged in land ventures in Warangal. Despite receiving certificates that assured monthly returns on “undivided land shares,” no payments were made. Rajitha stated that she was never informed about the land’s location or provided with adequate documentation. Despite her continual inquiries,…

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ED Investigates High-Rise Scam, Seizes Cash Linked to Official

HYDERABAD: The Enforcement Directorate (ED) has uncovered a series of questionable real estate transactions and seized Rs 72 lakh in unaccounted cash during investigations linked to the suspended HMDA director, Siva Balakrishna. The inquiry was triggered by an earlier FIR alleging illegal payments for the approval of a high-rise project by Udaya SSV Projects in Narsingi. This prompted the ED to carry out targeted searches, uncovering incriminating documents tied to several real estate deals and firms. The investigation is rooted in a disproportionate assets case initiated by the Anti Corruption Bureau. The latest searches took place on July 24 at…

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Odisha HC Cancels Land Deals in Baniapat Khuntapada, Keonjhar

CUTTACK: The Orissa High Court has annulled several land transactions pertaining to 4.40 acres of shared ancestral property in Baniapat Khuntapada and Keonjhar. The court noted that these transactions were marred by the intentional exclusion of heirs and procedural irregularities. As a result, the court has instructed the Keonjhar district collector to investigate the irregularities and take disciplinary measures against responsible officials. Additionally, the National Highways Authority of India (NHAI) has been ordered to halt any compensation payments for the land designated for a highway project and to recover any funds already disbursed. In a ruling dated July 18, Justice…

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Danda Panchayat Secretary Suspended for Housing Irregularities

GARHWA: Deputy Commissioner Dinesh Kumar Yadav suspended the secretary of Danda panchayat on Wednesday for allegedly enrolling ineligible beneficiaries in the state’s Abua Aawas Yojana. Shambhu Prasad was found to have excluded eligible beneficiaries and included questionable ones for the scheme during the 2023-24 fiscal year, following an investigation by Garhwa Sub-Divisional Officer (SDO) Sanjay Kumar, officials reported. After receiving multiple complaints, Yadav initiated the investigation into the beneficiary selection. “Abua Awas Yojana is a crucial scheme of the state government. The inclusion of ineligible beneficiaries undermines the scheme’s transparency and violates the rights of deserving recipients. It’s vital that…