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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Property Sales Halted in Gurugram’s Valley View Estate Due to License Lapse

GURUGRAM: The Haryana Department of Town and Country Planning (DTCP) has prohibited the execution of sale or conveyance deeds for properties in Valley View Estate, a 21.61-acre group housing colony in Gwalpahari. This action follows the expiration of the project’s development license, originally issued in 1994, which has not been renewed for over a decade. In a recent notice to the sub-registrar at Wazirabad and district authorities, the district town planner (enforcement) in Gurgaon indicated that the development license, granted on June 8, 1994, was only valid until June 7, 2011. This license was issued to BSF Co-operative House Building…

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BMC Halts Work on Transit Camp at Sewage Plant Site in Mumbai

MUMBAI: The BMC has issued a stop-work notice for a transit camp in Worli, as it has been discovered that the camp is being constructed on land reserved by the civic body for a sewage treatment plant. Municipal officials reported that two sewer lines run through the site, and initial assessments indicate that construction has already disrupted sewage flow, raising concerns about potential flooding and infrastructure failure, especially during the monsoon season. Additional civic chief Ashwini Joshi instructed BMC’s chief engineer (sewerage operations) to file a criminal complaint against D B Patil, a Slum Rehabilitation Authority executive engineer, for allegedly…

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Thane Civic Body Collects ₹556 Cr Tax, Targets Defaulters

THANE: The Thane civic body in Maharashtra has collected ₹556.19 crore in property tax for the fiscal year 2025-26, falling short of its ₹841 crore target by over ₹200 crore, as reported on Friday. Municipal Commissioner Saurabh Rao has issued orders for strict measures against defaulters due to this shortfall. According to an official statement, the highest property tax collection came from the Majiwada-Manpada ward at ₹175.01 crore, followed by Vartak Nagar with ₹88.77 crore and Naupada-Kopri with ₹74.12 crore. After a review meeting earlier this week, the commissioner has instructed officials to cut water supply to defaulters in residential…

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Ahmedabad: Developers Charged with ₹2 Crore Investor Fraud

AHMEDABAD: Two separate complaints have been filed at the Bopal police station accusing developers associated with the Privilon Group of defrauding investors by promoting housing and commercial projects on land they allegedly do not own and without the necessary regulatory approvals. Police indicate that these complaints, along with other reports from investors, suggest a fraud amounting to approximately Rs 2.22 crore involving flats and shops in proposed developments in Ghuma village, located on the city’s outskirts. The first FIR was lodged by Shanti Jadav, 49, a farmer from Gujar village in Dhandhuka taluka. Jadav claims he was misled into investing…

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Renting a Flat Doesn’t Strip Homebuyers of Consumer Rights: SC

NEW DELHI: The Supreme Court has ruled that simply renting or leasing out a residential apartment does not automatically remove the buyer’s status as a “consumer” eligible for rights under consumer protection laws. A bench composed of Justices Prashant Kumar Mishra and N V Anjaria stated that the responsibility lies with the property builder to demonstrate that the primary reason for purchasing the apartment was for “commercial purposes” to exclude the buyer from being classified as a “consumer.” The bench noted that section 2(1)(d) of the Consumer Protection Act defines a “consumer” as anyone who purchases goods or services for…

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Pune to Seize 58 Properties for Tax Defaults

PUNE: The Pune Municipal Corporation (PMC) has initiated the process of attaching 58 properties, primarily commercial establishments, belonging to tax defaulters to meet its financial goal for the 2025-26 fiscal year, according to civic officials on Wednesday. “The civic administration is emphasizing action against significant tax defaulters. Special teams have been deployed for these confiscations,” stated Ravi Pawar, head of PMC’s property tax department. Data from PMC indicates that around Rs 5,500 crore is yet to be recovered from defaulters. While activists have praised the crackdown, they urge PMC to take more stringent actions, such as filing criminal complaints against…

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SC aids Supertech buyers, upholds NCLAT order for NBCC takeover

NEW DELHI: The Supreme Court has intervened to assist thousands of frustrated homebuyers who have waited nearly two decades for their dream homes. On Thursday, the court upheld an NCLAT directive for the state-owned NBCC to swiftly complete 16 housing projects by the financially troubled realty firm Supertech Limited. The court has prohibited all tribunals and high courts from issuing orders that could hinder construction efforts by the National Buildings Construction Corporation (NBCC) Limited. A bench, comprising Chief Justice Surya Kant and Justice Joymalya Bagchi, invoked its extraordinary powers under Article 142 of the Constitution, affirming the December 12, 2024,…

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Ajnara Homes Fined by Greater Noida for STP Issues

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has levied a penalty of ₹50 lakh on Ajnara Homes in Sector 16B due to a malfunctioning sewage treatment plant (STP) and the discharge of untreated sewage. An additional fine of over ₹4 lakh was imposed for improper solid waste management. The residential society, consisting of approximately 2,300 flats, generates around 1.15 million litres per day (MLD) of sewage. During inspections, officials discovered that untreated sewage was being funneled into a drain and, following a blockage in that drain, it began flooding the basements of adjacent homes. Residents stated that the STP…

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Delhi Court Summons M3M India Promoters in Cheating Case

NEW DELHI: A Delhi court has acknowledged a chargesheet submitted by the Economic Offences Wing (EOW) against M3M India Pvt Ltd and its promoters—Basant Bansal, Roop Bansal, and Pankaj Bansal—regarding an alleged land fraud case involving MGF Developments Ltd. Chief Judicial Magistrate Harshita Mishra stated that there are sufficient grounds to proceed against the accused under sections 406 (criminal breach of trust), 420 (cheating), 120B (criminal conspiracy), and 34 (common intention), summoning them to appear in court on April 4. “At the cognizance stage, this Court only needs to determine whether there are sufficient grounds for proceeding, not whether the…

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Survey Nearby Buildings of Heritage Sites: Delhi HC

NEW DELHI: The Delhi High Court has instructed authorities to undertake a thorough survey of all buildings situated near the city’s heritage sites to ensure compliance with established regulations. A bench comprising Chief Justice DK Upadhyaya and Justice Tejas Karia recently directed the Municipal Corporation of Delhi (MCD) to conduct this survey while addressing several petitions highlighting potential violations surrounding heritage structures throughout the capital. The court acknowledged that the petitions raised significant issues regarding the preservation of the character and integrity of heritage properties. It pointed out that construction activities near these sites can often alter their visual and…