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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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…

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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…

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Karnataka HC Upholds RERA Co-op Society, Dismisses Flat Owners’ Plea

BENGALURU: A recent high court ruling could reshape the establishment of apartment associations under Rera regulations. The court affirmed the legitimacy of the Commune 1 Apartment Co-operative Society. The ruling dismissed two writ petitions brought forth by a faction of flat owners and their registered welfare association. It concluded that the cooperative, formed under the Real Estate (Regulation and Development) Act (Rera), has the rightful authority to represent the allottees and oversee the project’s shared areas. The case arose from the Commune 1 Apartment Project, where the Commune 1 Residents Welfare Association contested the establishment of the co-operative society created…

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ED: Debock Industries Owner Invested Crime Proceeds in Real Estate

AI-generated Representative Image JAIPUR: The owner of Debock Industries Ltd has been investing over Rs 100 crore in real estate, utilizing proceeds from a financial fraud. The acquisitions include villas, housing schemes, hotels, and resorts equipped with wedding banquet halls. This information was disclosed by officials from the Enforcement Directorate (ED), who are investigating the money laundering case concerning the group. As the raids unfolded on Saturday, an ED officer stated, “We have seized Rs 78 lakh, property papers for 150 bighas of land, along with incriminating documents and evidence against the company.” “They were developing a resort near Chaksu…

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Delhi civic body holds 1,800+ tax camps for amnesty scheme

NEW DELHI: The MCD has launched 1,862 property tax camps across its 12 zones to help property owners file their taxes and take advantage of the Property Tax Amnesty Scheme introduced in May. As per MCD officials, over 48,546 taxpayers have benefited from these camps so far. The civic authority plans to conduct more camps in the coming days to further extend the advantages of the Property Tax Amnesty Scheme for 2025-26 and the Sumpattikar Niptaan Yojana (SUNIYO). Taxpayers or Resident Welfare Associations (RWAs) can contact their zonal offices to request a camp in their locality. “We have successfully conducted…

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Prayagraj Unifies Property, Water & Sewer Taxes into One Bill

PRAYAGRAJ: In a significant step towards enhancing the taxation process for local residents, the Prayagraj Municipal Corporation (PMC) is set to roll out a unified billing system. This new system will merge property tax, water tax, and sewer tax into a single bill. The implementation of this system is projected to occur within the next week, after the successful completion of the software’s final testing phase. PK Mishra, the chief tax assessment officer, indicated that all necessary data from the municipal and water departments has been integrated, with essential updates made to the corporation’s official website and mobile app. This…

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Delhi HC Dismisses Plea to Oversee ED Probe into IREO Residences

NEW DELHI: The Delhi High Court has affirmed the Enforcement Directorate’s investigation into the real estate company IREO Residences and dismissed a petition claiming bias against the agency. Justice Manmeet Pritam Singh Arora issued the ruling on Wednesday, criticizing petitioner Gulshan Babbar for omitting vital information and imposing a fine of Rs 1.25 lakh for misleading the court. Babbar alleged that the Enforcement Directorate had failed to properly investigate financial discrepancies amounting to Rs 1,317 crore related to bank loans and land transactions in Gurugram. The High Court dismissed Babbar’s petitions due to lack of standing and maintainability. Published On…

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Two More FIRs Filed Against Ansal Group in Lucknow

AI-generated Representative Image LUCKNOW: On Friday, two additional FIRs were filed against the Ansal Group at the Sushant Golf City police station, bringing the total number of cases against the real estate firm in Lucknow to 235. The recent complaints involve allegations of fraud totaling Rs 13.60 lakh from two individuals who were promised flats and plots but received neither possession nor a refund. According to police reports, Ram Awadh Singh, a resident of Marhad in Ghazipur district, had booked a flat in Ansal’s Sushant Golf City project back in 2015. He paid Rs 6.35 lakh with the expectation of…

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Clear ₹118 Crore Dues This Month or Project Canceled: YEIDA

NOIDA: The Yamuna Expressway Industrial Development Authority has set a final deadline for Greenbay Infrastructure to pay its outstanding dues of ₹118 crore by the end of July. If the payment is not made, the allotment of land for a 100-acre township in Sector 22D will be canceled. YEIDA officials stated on Friday that this represents the developer’s last opportunity to settle their debts, following a previous deadline of June 30. Last month, Greenbay requested an extension of two months for the payment, citing difficulties in obtaining full land possession. According to YEIDA’s latest notice, “If Greenbay Infrastructure does not…

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Delhi Consumer Commission Finds DLF Gayatri Developers Liable

NEW DELHI: The Delhi State Consumer Disputes Redressal Commission has ruled that DLF Gayatri Developers is responsible for the delays in their housing project and for retaining the complainant’s funds for an extended period. The panel, headed by presiding member Bimla Kumari, ordered a refund of ₹15 lakh along with compensation for mental distress and legal costs totaling ₹1.5 lakh. The commission noted that the company had no right to utilize or withhold the complainant’s money, underscoring that the developer was obligated to secure labor for project completion. The commission observed that the complainant had paid approximately 75% of the…