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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ED Raids Raheja Developers in Homebuyers’ Fraud Case

NEW DELHI: The Enforcement Directorate carried out new searches on Saturday at the offices of Raheja Developers, as part of an investigation into money laundering connected to the alleged fraud involving home buyers, according to officials. The agency is targeting around seven locations across Delhi-NCR during this enforcement action. This follows an earlier raid in June 2025 involving the company, its promoters, and others in a similar probe. The most recent searches are focused on claims of fraud concerning home buyers and the failure to deliver apartments in the ‘Raheja Revanta’ project, as detailed by the officials. In response, Raheja…

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NGT Warns on Yamuna Pollution and Illegal Constructions

Representative AI image AGRA: The National Green Tribunal (NGT) has sent notices to the Union Jal Shakti Ministry, the Uttar Pradesh government, the Mathura-Vrindavan Municipal Corporation, and other agencies regarding severe pollution in the Yamuna River and illegal constructions along its banks. This action comes after a petition by Vijay Kishore Goswami of the Braj Vrindavan Devalaya Samiti, who raised concerns about untreated sewage, industrial waste, and encroachment on floodplains. Despite NGT’s 2021 orders for improved sewage treatment and ecosystem protection, violations reportedly persist. The petitioners provided a comprehensive 95-page affidavit that included water quality reports and geo-tagged photographs demonstrating…

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Revenue Minister Orders FIR in ₹87-Crore Borivali Land Dispute

MUMBAI: Revenue Minister Chandrashekhar Bawankule held a review meeting at Mantralaya this week, directing swift action regarding the Rs 87 crore land compensation issue in Borivali. In light of serious allegations, the minister told the Mumbai Suburban collector to file an FIR against the builder who reportedly received compensation unlawfully, as well as former government officials believed to have facilitated the questionable payout. Officials were ordered to finalize the FIR by 6 pm on Thursday. The meeting concerns a long-standing conflict over CTS Nos 456, 458, and 458 (1 to 10) in Borivali, where the Devrukhkar family has raised claims…

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EOW Files Case Against Four for Selling Land to 80 Buyers

HYDERABAD: The Cyberabad Economic Offences Wing (EOW) has initiated a criminal case against four individuals accused of fraudulently selling assigned land to 80 buyers, valued at Rs 3.48 crore. The complainant, a coconut vendor from Allapur in Borabanda, claims the accused befriended him and presented an opportunity to purchase plots in Patancheru. The complaint states that Nagesh Goud and Ravi Goud convinced him they were the landowners, while G Vara Prasad, P Shivaram, and Satyanarayana acted as brokers. They informed the complainant they would seek permission for the layout and offered him a chance to buy plots at a discounted…

Latest StoriesRegulatory

Delhi Court to Charge Three C Shelters Directors in Greenopolis Case

Here’s a rewritten version of the content: — NEW DELHI: A Delhi court has mandated the framing of charges against the directors of Three C Shelters Pvt Ltd concerning the halted Greenopolis housing project in Gurugram. The court determined that there is a prima facie case of cheating, forgery, and criminal conspiracy against them, alleging they misled homebuyers. Additional Sessions Judge Sheetal Chaudhary Pradhan presided over the case against directors Surpreet Singh Suri, Nirmal Singh, and Vidur Bhardwaj, ordering that charges be framed for cheating and criminal conspiracy. In an order dated April 23, the judge stated, “I am of…

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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…