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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Noida Authority Issues Conditional OC to Sports City After SC Order

NOIDA: During its board meeting on Saturday, the Noida Authority issued a conditional occupancy certificate for the long-delayed Sports City project in Sector 150. This decision comes after the Supreme Court’s order from November 24, which approved a framework for reviving the Sports City SC-02 project developed by Lotus Green Constructions. The ruling enables construction to resume after nearly three years, offering a reprieve for approximately 20,000 homebuyers waiting for possession or registration of their properties. The Supreme Court mandated that the Noida Authority lift the ban placed on the developer in January 2021 within 30–45 days. Lotus Green plans…

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Mumbai police charge developer for cheating Motilal Oswal Finance

Here’s a rewritten version of the content: MUMBAI: The Dadar police have filed a chargesheet against a developer for allegedly defrauding Motilal Oswal Finance Ltd by selling mortgaged property that served as collateral for a housing project loan of ₹158 crore taken nearly ten years ago. The chargesheet names Ramakant Jadhav, director of Karm Infrastructure, while his partner Ketan Patel has been cleared of any wrongdoing. The police submitted a 500-page chargesheet to the Additional Chief Metropolitan Magistrate’s 5th Court in Sewri in December 2025. They have also requested permission to file a supplementary chargesheet once the absconding accused is…

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HC Rejects Noida Authority’s ₹168 Crore Lease Rent Claim

NOIDA: The Allahabad High Court has annulled a lease rent demand of approximately Rs 168 crore raised by the Noida Authority against Vision Town Planners concerning a commercial plot in Sector 94 that was initially allocated to BPTP International Trade Centre Ltd. On December 19, Justice Prakash Padia also mandated a refund of around Rs 7.4 crore collected as change in constitution (CIC) charges, along with 9% annual interest. The court ruled that the authority acted unlawfully by imposing lease rent without providing legal possession of the subdivided plot, and improperly retained CIC charges, despite established judicial precedents that deemed…

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ED Files Charge Sheet in ₹145-Crore Sand Mining Case

KOLKATA: On Saturday, the Enforcement Directorate (ED) filed a charge sheet at the special CBI court regarding illegal sand mining in Bengal, estimating the financial irregularities at nearly Rs 145 crore. The charge sheet identifies 14 companies and four individuals, including businessman Arun Saraf and three employees. Another businessman, Anuran Kumar Senapati, previously questioned by the ED, has been designated as a witness. “My client fully cooperated with the investigating agency,” stated Senapati’s lawyer, Sanjib Dan. The ED’s investigation uncovered that illegal sand mining and sales had been ongoing for an extended period under various companies. They allege that Saraf…

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Seven Landlords Charged for Breaking Tenant Verification Rules in Jammu

Representative AI image JAMMU: On Saturday, Jammu and Kashmir Police took action against seven landlords for allegedly allowing tenants to reside on their properties without proper police verification. This initiative has been intensified ahead of the Republic Day celebrations, according to police reports. Police Station Bahu Fort has filed five FIRs under Section 223 of the BNS against landlords for infringing upon the District Magistrate’s order by not ensuring that tenants undergo mandatory police verification. In addition, two more FIRs were documented at Police Station Channi Himmat regarding similar violations. These actions form part of a routine verification campaign aimed…

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SC Requests UP Government Files on Amrapali for Faster OC Approvals

Supreme Court of India NOIDA: The Supreme Court has directed the Uttar Pradesh government to provide documents related to the distribution of completion certificates (CCs) and occupancy certificates (OCs) for Amrapali Group housing developments. The court emphasized that the process should not be held up due to the absence of documents from the now-defunct developer. This order is part of ongoing efforts to address the longstanding case impacting thousands of homebuyers. A bench comprised of Justices Sanjay Kumar and Satish Chandra Sharma, during proceedings on December 11, instructed Noida Authority, Greater Noida Industrial Development Authority (GNIDA), and related agencies not…

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ED Seizes ₹100 Crore Assets of Amrapali Group

LUCKNOW: The Enforcement Directorate’s Lucknow zonal office has provisionally attached immovable assets valued at approximately ₹100 crore belonging to the Amrapali Group in relation to a money laundering investigation. The assets include the office and factory land and buildings connected to Mauria Udyog, a subsidiary of the Sureka Group founded by Navneet and Akhil Sureka of Amrapali Group. The investigation was prompted by multiple FIRs filed at various police stations in Gautam Budh Nagar, along with an order from the Supreme Court dated July 23, 2019, in the case of Bikram Chatterji & Others vs. Union of India & Others,…

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Common Area Changes Require Two-Thirds Resident Approval: WBREAT

KOLKATA: The West Bengal Real Estate Appellate Tribunal (WBREAT) has sided with homebuyers at ‘Atmosphere – the luxurious condominium’ located off EM Bypass. On Friday, the tribunal upheld RERA’s interim order preventing developers from ‘alienating, transferring, or dealing’ with any portion of the project or its common areas. Previously, 10 residents of the development accused the promoter of unilaterally altering plans without the required consent from 2/3 of the existing allottees. On February 25, 2025, the High Court allowed construction to continue based on the modified plans, contingent upon the results of arbitration proceedings brought by some allottees. In its…

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Mangaluru Launches Ward Survey to Boost Property Tax Revenue

MANGALURU: In an effort to enhance revenue collection, the Mangaluru City Corporation (MCC) has initiated a ward-wise survey to accurately assess the number of properties and boost revenue further. MCC revenue officials have conducted multiple preparatory meetings to plan spot inspections for this survey. The first phase was inaugurated by MCC commissioner Ravichandra Naik in the Attavar ward on Friday. MCC’s deputy commissioner (revenue in-charge), Akshatha K, informed TOI that the city corporation currently oversees 222,256 properties spread across 60 wards within its jurisdiction. “We aim to obtain a comprehensive understanding of the actual number of properties in each ward,…

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Jaipur Civic Body Seizes Five Properties for UD Tax in Murlipura

JAIPUR: The Jaipur Municipal Corporation (JMC) has ramped up its efforts to recover outstanding urban development (UD) taxes, taking decisive action against defaulters in the Murlipura zone. On Friday, five properties were attached due to unpaid dues. Following this action, the property owners quickly paid approximately Rs 8 lakh through RTGS, cheques, and cash, making use of the state government’s current waiver on interest and penalties. Murlipura zone DC Pawan Kumar Sharma stated, “Property owners benefited from the state government’s waiver, which allowed them to clear their dues immediately. This approach promotes transparency and ensures prompt recovery, while emphasizing the…