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.

Latest StoriesRegulatory

Gurugram Police Arrest CKC Infra Director for Investor Fraud

Certainly! Here’s a rewritten version of the provided content: — GURUGRAM: The Gurugram police have apprehended two individuals, including a director of an infrastructure company, for allegedly scamming investors through fraudulent real estate projects linked to Dhirendra Shastri’s ‘Aparna Ashram’ in Silokhera village, according to police reports on Friday. The Economic Offences Wing-2 (EOW) arrested Ashok Chaudhary (60) from Gautam Nagar, Delhi, and Chandrakant Chaudhary (40) from Brij Vihar, Ghaziabad, Uttar Pradesh, from Sector 62, Noida. On April 15, a victim filed a complaint stating that the directors of CKC Infra Company, Ashok, Chandrakant, and their associates, misled him with…

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Belagavi civic body raises ₹18 crore in 20 days’ tax collection

BELAGAVI: The Belagavi City Corporation (BMC) has seen a promising start in its property tax collections for the current financial year, amassing Rs 18.12 crore from April 1 to April 20, thanks to a 5% early payment rebate. This strong collection in just 20 days significantly enhances the corporation’s revenue base at the year’s outset. Officials anticipate that collections will accelerate through the end of April, as they typically spike in the final week of the month. The 5% rebate is available from April 1 to 30, encouraging taxpayers to settle their dues promptly. Civic officials have observed a noticeable…

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Ghaziabad Forum Orders Builders to Refund Buyer ₹7 Lakh

GHAZIABAD: The District Consumer Disputes Redressal Commission has ordered two real estate developers to refund a total of ₹7 lakh, plus interest, to a homebuyer. This ruling was made after the buyer did not receive possession of a flat booked back in 2008 due to significant project delays. The commission has also imposed a ₹10,000 penalty on each developer—Ghaziabad-based M/s Shreya Developwell Private Limited and Delhi-based M/s Sangwan Heights Private Limited—requiring compliance within 30 days. The ruling, delivered on April 17 by Commission President Anil Kumar Pundir and members Shailja Sachan and RP Singh, stems from a complaint filed by…

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Allahabad HC Halts Uttar Pradesh Housing Land Acquisition Plans

LUCKNOW: The Allahabad High Court’s Lucknow bench has temporarily halted the land acquisition proceedings for various projects initiated by the Uttar Pradesh Awas Evam Vikas Parishad (UPAEVP) in Ayodhya. The court has instructed all involved parties, including the state government and district authorities, to maintain the current conditions at the disputed sites. The next hearing is scheduled for Thursday. A division bench, including Justices Rajan Roy and Manjive Shukla, issued the order in response to a batch of 11 writ petitions. During the hearing, the petitioners completed their arguments, but representatives from the housing and urban development department, the Ayodhya…

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Mumbai Court Grants Anticipatory Bail to Builder Sumit Jain

MUMBAI: The Mumbai Sessions Court has granted anticipatory bail to builder Sumit Jain in connection with an alleged fraud case involving the Lalbaug Redevelopment Project, citing it as a civil dispute. Special Judge VD Kedar approved bail for Jain, 46, a major partner in Poonam Infra, in response to an FIR filed by a beautician at the DB Marg Police Station. This case relates to two flats on the 21st floor that she and her husband booked in 2011 for Rs 1.7 crore. The allegations indicate that Jain and his firm persuaded the complainant to invest in flats in the…

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NCLAT Delays Ruling on Vedanta’s Challenge to Adani Bid for JAL

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has reserved its ruling on Vedanta’s two petitions regarding the acceptance of Adani Enterprises’ bid to acquire the financially distressed Jaiprakash Associates Ltd (JAL) via insolvency proceedings. The hearing concluded with a two-member NCLAT bench, led by Chairperson Ashok Bhushan and Member Technical Barun Mitra, after considering arguments from Vedanta and various respondents, including the Resolution Professional, the Committee of Creditors (CoC), and Adani Enterprises. The court has requested both parties to submit their written arguments within two days. Vedanta’s attorney questioned the evaluation criteria used by JAL lenders, who chose…

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GMDA Notifies Builder Over Drain Blockage in Ramprastha City

GURUGRAM: On Tuesday, GMDA issued a show-cause notice to the Ramprastha City developer in Sector 37D for allegedly constructing an unauthorized access that disrupts the natural flow of the Badshapur stormwater drain, raising concerns ahead of the monsoon season. If the developer fails to comply or provide an unsatisfactory response, the Authority warned that it will demolish the structure without notice, recover penalty costs, and initiate legal action. The recently identified structure constitutes a significant violation of drainage regulations and could cause waterlogging, public inconvenience, and damage to public infrastructure during the monsoon, according to the notice. The Authority classified…

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Karnataka HC: Sub-registrars must update docs in 4 weeks

BENGALURU: To prevent future litigations once sale deeds are declared void, the Karnataka High Court has established new guidelines for civil and commercial courts, as well as sub-registrars, to update property documents in a timely manner. Justice Sachin Shankar Magadum emphasized that in cases where a registered document related to immovable property is annulled, all civil and commercial courts must send a copy of the decree to the respective sub-registrar within four weeks. This correspondence should include the document number, registration date, book and volume details, and the nature of the annulled document. The decree must be accompanied by a…

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SC Issues Notice on Contempt Petition Over Gurugram Constructions

GURUGRAM: The Supreme Court has issued a notice in a contempt petition filed by Rajdarbar Iconic Venture concerning its December 17, 2024, ruling on unauthorized constructions, focusing on a land parcel in Chakkarpur village. During the contempt petition hearing on April 17, a bench comprising Justices JB Pardiwala and Vijay Bishnoi acknowledged the delay in filing the petition and instructed the respondents, including Anurag Rastogi and others, to submit their replies by May 7, 2026. The court also waived the requirement for their personal appearance at this stage. The petition names several respondents, including high-ranking Haryana officials such as the…

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Kanpur: Father-Son Duo Charged in PMAY Scam Involving 29 Victims

KANPUR: A father-son pair has been accused of defrauding 29 individuals out of ₹7 lakh by promising housing under the Pradhan Mantri Awaas Yojana in the Chakeri police station area. The victims, who did not receive homes or refunds, prompted one to file an FIR following a court order. According to the complaint lodged by Ashish Kumar from Kopar Ganj, Raipurwa, he works as a laborer and knew Pawan Kumar of Raksha Vihar, Shyam Nagar. Pawan claimed that his father, Dinesh Kumar, was employed at a gun factory and could facilitate jobs at Metro or the factory, along with colony…