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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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…

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SC urges NCLAT to rule on 14 Supertech housing projects

NEW DELHI: On Monday, the Supreme Court urged the NCLAT to swiftly decide on the amalgamation of 14 remaining housing projects of the financially troubled real estate firm Supertech within a court-supervised framework, aiming to expedite completion and alleviate the concerns of homebuyers. Earlier, on February 5, the Supreme Court upheld an NCLAT order directing the State-owned NBCC to complete 16 out of 30 housing projects of Supertech Limited. The NCLAT is set to re-examine the issue on April 24. A bench led by Chief Justice Surya Kant and Justice Joymalya Bagchi took note of the worries expressed by homebuyers…

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Missing Papers Halt 2.5 Lakh Property Deals in Gurugram

GURUGRAM: The Income Tax (I-T) department is investigating approximately 2.5 lakh property transactions, worth over Rs 3 lakh crore, in the north-west region of India, according to officials. Many of these substantial transactions stem from Gurgaon and Faridabad. Revenue offices in these areas have either neglected to report transactions or submitted incomplete or erroneous PAN details, causing significant obstacles in tax verification efforts. Over the past year, the Directorate of Intelligence and Criminal Investigation (Chandigarh) has conducted over 40 surveys and spot verifications across revenue offices in Punjab, Haryana, Himachal Pradesh, and various Union Territories, including Chandigarh, Jammu & Kashmir,…

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Telangana HC Grants Week for Gov’t to Respond in GHMC Merger Case

HYDERABAD: The Telangana High Court has granted the state government one last opportunity to submit its responses to a series of petitions challenging the merger of panchayats, municipalities, and municipal corporations within the Outer Ring Road limits into the GHMC. The bench, led by Chief Justice Aparesh Kumar Singh and Justice GM Mohiuddin, stated, “As a final indulgence, the respondents (state) are allowed one week to file a counter-affidavit.” The court also granted an additional week for the petitioners to respond to the state’s counters and adjourned the matter for further hearings. Among the petitioners is 98-year-old farmer MA Shareef…

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Allahabad HC Halts Demolition of 48 Auraiya Properties

PRAYAGRAJ: The Allahabad High Court has temporarily halted the demolition of 48 houses and shops in the Dibiyapur region of Auraiya district, instructing authorities to maintain the status of the disputed properties. A division bench, consisting of Justice Mahesh Chandra Tripathi and Justice Vivek Varma, issued the ruling and scheduled the next hearing for April 29, requiring the state government to submit its counter affidavit within a week. The court mentioned that an urgent appeal was made before the Chief Justice on April 15, noting the imminent demolition of 48 residential and commercial properties in the Nahar Bazar area, set…

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Consumer Panel Orders Supertech to Fix Seepage in 30 Days

NOIDA: The district consumer commission has found Supertech Limited guilty of service deficiency after a flat sold by the builder at Ecovillage-2 suffered from seepage and sewage issues. The commission has instructed the company to address the defects within 30 days and compensate the owner with Rs 4,000 for mental anguish and legal expenses. The complaint was initiated in May 2019 by Minimol Chanchal Singh, a resident of Sector 16B, who had purchased a flat in Tower C-3 of the Supertech condominium. The flat, which was allotted to Singh in September 2016, was sold for Rs 27 lakh, including registry…

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Bombay HC: Mhada Can Use Unclaimed Patra Chawl Flats for Housing

MUMBAI: The Bombay High Court stated on Friday that sufficient time has been provided for all members of the Goregaon Siddharth Nagar Sahakari Griha Nirman Sanstha Limited society to take possession of their tenements. If members fail to act by April 30, 2026, the court will allow the MHADA to repurpose these tenements for public housing. The court also allotted time for society members to address ongoing legal disputes related to the Patra Chawl redevelopment. Any member wishing to occupy flats in the future can be granted possession after providing a three-month notice, according to the HC’s division bench, comprising…

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NGT Orders HSPCB to Halt Rewari Brick Kiln for Clearance Checks

Representative Image GURUGRAM: The National Green Tribunal (NGT) has instructed the Haryana State Pollution Control Board (HSPCB) to close a brick kiln in Rewari within a week, contingent upon confirming whether it possesses a valid Consent to Operate (CTO). This directive follows claims that the facility was violating environmental regulations and continuing operations despite a district-level closure order. Local resident Vikram Singh reported that Raria Brick Udyog in Kanmajra village was operating unlawfully, stating that it did not meet the standards set forth in the Union environment ministry’s notification from February 22, 2022. During the proceedings, the tribunal’s principal bench…

Latest StoriesRegulatory

ED Raids Kolkata’s Merlin Group in PMLA Case

KOLKATA: The Enforcement Directorate (ED) initiated fresh searches on Friday as part of its ongoing money laundering investigation into Merlin Group, a Kolkata-based real estate company, and related entities, according to officials. This recent action follows previous raids conducted by the agency on April 8 targeting Merlin Projects Limited and its promoters, Sushil Mohta and Saket Mohta. Officials indicated that 4-5 locations in Kolkata and the North 24 Parganas district are being searched under the Prevention of Money Laundering Act (PMLA) as part of the investigation. The Merlin Group has stated that it is cooperating with the ED and maintains…