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

FIR Filed Against Builders After Techie Drowns in Noida Pit

NOIDA: An FIR has been filed against two builders who own the water-filled pit in Sector 150, where a 27-year-old software engineer drowned after his SUV crashed through a damaged boundary wall around midnight on Friday. According to police, the plot lacked proper security measures like a boundary wall, fencing, or reflectors, making it hazardous during the dense fog. ACP Hemant Upadhyay stated that the case was lodged with Knowledge Park police following a complaint from Yuvraj Mehta’s father. Charges under sections 105 (culpable homicide), 106 (causing death by negligence), and 125 (act endangering life) of BNS have been filed…

Latest StoriesRegulatory

NGT Seeks Input on Violations in Haridwar Housing Project

DEHRADUN: The National Green Tribunal (NGT) has requested the Uttarakhand Pollution Control Board and the Haridwar-Roorkee Development Authority to respond to accusations of illegal construction and environmental breaches at the Mantra Happy Homes Group housing project in Haridwar. The hearing is scheduled for April 7. This order was issued on January 12 in response to a petition by resident Sanjeev Kumar, who argued that the housing project was initially approved for 170 flats and 68 plots, with a designated green park area of 2,202.7 square meters. He claimed that the project was altered, increasing the flats to 272 without a…

Latest StoriesRegulatory

NGT Issues Notices for Illegal Construction in Rohini Green Belt

Sure! Here’s a rewritten version of the content: NEW DELHI: The National Green Tribunal has issued notices to the Delhi Pollution Control Committee, DDA, and other relevant agencies concerning a complaint about unauthorized construction in a green belt located in Rohini’s Sector 16. The tribunal mandated that the respondents comply with the 2021 Master Plan and the Environment (Protection) Act of 1986, instructing that both preventive and punitive measures be implemented within one month. The NGT is reviewing a petition from activist Varun Gulati, who alleges encroachment and illegal building activities on a designated green area in Block-D, Pocket-1, Sector-16,…

Latest StoriesRegulatory

Delhi’s Property Tax Collection Hits Record ₹2,700 Crore

NEW DELHI: The Municipal Corporation of Delhi (MCD) has achieved a record property tax collection, exceeding Rs 2,700 crore by December 31 for the 2025-26 financial year. This represents a significant increase of approximately 45% compared to the same period last year, according to officials’ statements made on Saturday. Officials noted that this growth was accompanied by a notable rise in the taxpayer base. The number of registered property taxpayers grew from 10.31 lakh in 2024-25 to 12.43 lakh this year, reflecting an increase of nearly 21%. Civic officials attributed this surge to enhanced taxpayer engagement, stricter enforcement, and favorable…

Latest StoriesRegulatory

15 Arrested in ₹4 Crore Dharani-Bhu Bharati Scam in Jangaon

WARANGAL: On Friday, Jangaon police apprehended 15 members of a gang involved in a Rs 3.90 crore scam concerning Dharani and Bhu Bharati land registrations in Jangaon and Yadadri districts. Police reported that nine other suspects are currently at large. According to Warangal police commissioner Sunpreet Singh, the main culprits, Pasunuri Basava Raju and Jella Pandu, operated online service centers in Yadagirigutta. Another suspect, Ganesh Kumar, allegedly linked them to online land registration centers. The gang collected registration fees from farmers via MeeSeva operators and online service centers, falsely promising to pay challans using NRI accounts. The extorted money was…

Latest StoriesRegulatory

SC: Homebuyers, RWAs can’t join developers’ insolvency process

NEW DELHI: The Supreme Court ruled on Thursday that homebuyers’ societies, or Resident Welfare Associations (RWAs), generally established for the maintenance and management of common facilities in housing projects, do not possess the right to intervene in the insolvency proceedings of the developer company. A bench comprising Justices JB Pardiwala and R Mahadevan upheld the insolvency proceedings against Takshashila Heights India Private Ltd under the Insolvency and Bankruptcy Code of 2016. It specified that if creditors aim to utilize the provisions of the code, they must genuinely seek to revive the corporate debtor. The court stated, “If revival is not…

Latest StoriesRegulatory

Bengaluru conducts door-to-door survey for tax dodgers

BENGALURU: The Greater Bengaluru Authority (GBA) has initiated a door-to-door survey aimed at identifying property owners who are evading taxes by submitting false or inaccurate information. Notices have already been distributed to those found in violation. The city has approximately 2.2 million properties subject to property tax, where owners typically pay under a self-assessment scheme. However, many have misreported property details, leading to significant tax evasion, prompting the GBA to conduct a comprehensive field survey to verify all properties. Survey Drive A GBA representative stated, "This survey encompasses the five municipal corporations within Greater Bengaluru, spanning 369 wards. Each ward…

Latest StoriesRegulatory

Delhi Police EOW Investigates Suraksha Realty for Fund Diversion

NEW DELHI: The Economic Offences Wing (EOW) of the Delhi Police has initiated a case against the Mumbai-based Suraksha Group for allegedly misappropriating over ₹230 crore from Jaypee Infratech Ltd (JIL). This amount was intended for the construction of stalled residential flats for homebuyers. Sources informed PTI that the Enforcement Directorate (ED) may file a new FIR against Suraksha Group and related parties in response to the EOW’s FIR. On June 4, 2024, Suraksha Group took over JIL following the NCLAT’s decision to approve its acquisition bid. The Corporate Insolvency Resolution Process (CIRP) for JIL began in August 2017, initiated…

Latest StoriesRegulatory

HC Appoints Officers to Assess Illegal Structures in Goa

PANAJI: The High Court has appointed two nodal officers—the Deputy Director of Municipal Administration and the Extension Officer of the Directorate of Panchayats—to review reports from municipalities and panchayats concerning illegal structures throughout Goa. The appointed officers are tasked with analyzing these reports to ensure compliance with the court’s orders regarding illegal constructions. “The volume of compliance reports from panchayats and municipalities was substantial, prompting the court to seek recommendations for government officers capable of analyzing them. We proposed the Deputy Director of Municipal Administration to assess reports from the CCP and municipalities, and the Extension Officer from the Directorate…

Latest StoriesRegulatory

Goa Court Cancels Unity Mall’s Chimbel Construction License

PANAJI: In a significant win for the residents of Chimbel, who have been protesting for two weeks against government projects, the district sessions court ruled on Wednesday to annul the construction license granted to the Goa Tourism Development Corporation (GTDC). The principal district judge overturned the decisions made by both the block development officer and the deputy director of panchayats, as well as the construction license issued by the Chimbel panchayat secretary. “As of now, no activities can continue at the Unity Mall site,” stated advocate Malisa Simoes, representing Govind Shirodkar, the chairperson of the local biodiversity management committee. The…