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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Unitech Group Promoters Misused ₹8,000 Crore in Buyer Funds: ED

NEW DELHI: The Enforcement Directorate (ED) has accused the Unitech Group and its promoters of misappropriating nearly half of the over Rs 16,000 crore obtained from homebuyers and financial institutions for personal use and through various “benami” entities. This allegation was made in a recent chargesheet filed against them. The third prosecution complaint (chargesheet) was submitted to a special Prevention of Money Laundering Act (PMLA) court in Delhi on July 10. Unitech promoter Ramesh Chandra, along with linked companies like Shivalik Ventures Private Limited, Auram Asset Management Private Limited, Unitech Build Tech Limited, Unitech Golf Resorts Limited, and Ranchero Services…

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AP HC Orders Release of Builder Detained by Consumer Body

VIJAYAWADA: The Andhra Pradesh High Court recently stated that the consumer redressal commission must adhere to procedural safeguards protecting a citizen’s liberty before incarcerating any defaulter. In a ruling that led to the immediate release of a realtor who had spent three years in jail, the court reaffirmed that human liberty is a fundamental right that must be protected diligently. It asserted that a violation of orders from the consumer redressal commission does not inherently warrant imprisonment. This case emerged from complaints against Vijaya Saradhi Housing Pvt Ltd, a real estate firm based in Guntur, which had taken advances for…

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CBI Rescinds Earlier Directive on India Cements

The CBI has urged the High Court to set aside its earlier ruling that acquitted India Cements in the quid pro quo case linked to YS Jaganmohan Reddy, as the agency has filed an appeal with the Supreme Court, which is still pending. This request was made during proceedings regarding Dalmia Cements’ petition to dismiss the case against them.

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Madras HC fines GCC commissioner ₹1 lakh for inaction on illegal builds

CHENNAI: The Madras High Court has levied a fine of ₹1 lakh on Greater Chennai Corporation (GCC) Commissioner J Kumaragurubaran, expressing dissatisfaction over his lack of action regarding unauthorized constructions in the Royapuram zone. The first bench, comprising Chief Justice K R Shriram and Justice Sundar Mohan, has instructed the state government to deduct this amount from the commissioner’s salary and deposit it into the Adyar Cancer Institute’s account. The order was issued in response to a contempt petition filed by advocate N Rukmanganthan, who indicated that the corporation had failed to execute a court order dated April 8, 2022,…

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Telangana HC to Hear PIL on 27-Acre Land with Builders

HYDERABAD: The Telangana High Court has agreed to hear a public interest litigation from four Congress MLAs regarding the alleged illegal transfer of 27 acres of valuable government land in Khajaguda, which is valued at over ₹2,000 crore, to private real estate developers. The disputed land, located in survey No. 27/2 of Khajaguda village within the Serilingampally mandal, is reportedly under development for a large high-rise project by private builders. The petitioners have requested the court to instruct the state government to reclaim the land and stop ongoing construction, which they argue is harmful to the environment and based on…

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Mahesh Babu Receives Notice Over Fraud Complaint on Plot Sale

HYDERABAD: A consumer court has issued a notice to actor Mahesh Babu regarding a complaint against Sai Surya Developers, a real estate company he endorsed. This notice, from the Rangareddy District Consumer Disputes Redressal Commission, was prompted by a complaint from a local doctor claiming she was defrauded of 34.8 lakh after buying a non-existent plot. In this case, Sai Surya Developers is the first respondent, followed by its owner Kancharla Satish Chandra Gupta and Mahesh Babu as the third respondent. The complainant, along with her husband, was led to trust the company due to Mahesh Babu’s endorsement. After making…

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Court denies builder’s appeal on illegal work in Nandagiri Hills

HYDERABAD: A city court has dismissed a construction company’s appeal against the Greater Hyderabad Municipal Corporation (GHMC), which ordered a halt to construction and mandated the removal of all deviations at their 4.748-acre site in Nandagiri Hills, Shaikpet. Chief Judge K Kusha of the City Small Causes Court, Hyderabad, issued the ruling on July 4, supporting GHMC’s action against Net Net Ventures. The judge remarked that “the petitioner came to the court with unclean hands and failed to demonstrate a prima facie case to restrain the authorities.” The company, which had previously approached the Telangana High Court, was instructed to…

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Nashik Civic Body Gathers ₹100 Crore in Property Tax Q2

NASHIK: The Nashik Municipal Corporation (NMC) achieved a property tax collection of Rs 100 crore in the April-June quarter of the 2025-26 financial year, a slight decline from the Rs 106 crore collected in the same period last year. Officials credit the collection to rebates of 6-8% for early tax payments. NMC offers various rebates for timely property tax payments: an 8% discount for payments made in April-May, 6% for June, and 3% for July, with the incentive program ending on July 31. Additionally, a 1% concession is available for online payments. Last year, NMC informed taxpayers through messages about…

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DTCP to Appoint Admins for Illegal RWAs Structures in Gurugram

GURUGRAM: On Monday, the Department of Town and Country Planning (DTCP) demolished an illegal structure constructed by the previous Residents’ Welfare Association (RWA) of Suncity Avenue, Sector 102. Officials stated that the makeshift structure, situated at the rear of the society, was used for religious activities. “The illegal construction came to our attention following formal complaints from residents. After verification, we issued a demolition order in accordance with the law,” explained Amit Madholia, the district town planner (enforcement). The authorities pointed out a growing trend of RWAs engaging in unauthorized constructions within common areas of housing societies. “These structures, often…

Latest StoriesRegulatory

Delhi HC notices police on Gopal Ansal’s FIR quashing plea

NEW DELHI: The Delhi High Court issued a notice to police on Monday regarding a petition filed by real estate mogul Gopal Ansal, who seeks to quash an FIR against him related to a cheating case stemming from the Uphaar fire tragedy. The FIR was prompted by a complaint from a buyer of land within a project managed by Ansal Buildwell Limited. Justice Amit Mahajan requested a status report from Delhi Police, with the hearing set for September 10. The High Court further instructed the state not to take coercive actions against the petitioner until the next hearing date. A…