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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Credai Challenges Pallikaranai Construction Ban in Madras HC

CHENNAI: The Confederation of Real Estate Developers’ Associations of India (Credai) has approached the Madras High Court to challenge a National Green Tribunal (NGT) ruling that bans construction activities within a 1km radius of the Pallikaranai marshland. This ban will remain until a comprehensive scientific study is conducted to identify the wetland’s zone of influence. The first bench, including Chief Justice Manindra Mohan Shrivastava and Justice G. Arul Murugan, has admitted the plea and instructed the Chennai Metropolitan Development Authority (CMDA) and the state forest department to respond within four weeks. According to the petitioner, the NGT prohibited approvals or…

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SC Issues Notice on Ramodaya Housing Project in Mormugao

PANAJI: The Supreme Court has issued a notice to the town and country planning department and the Mormugao planning and development authority regarding a petition challenging the permissions granted for the Ramodaya Cooperative Housing Society project in Mormugao. The SC bench, consisting of Justices Vikram Nath and Sandeep Mehta, has directed all parties to maintain the status quo concerning the possession and construction of the disputed property. Swapnesh Sherlekar approached the SC after the Bombay High Court dismissed his petition last year, which contested the development permissions and alleged significant hill cutting for the project. Sherlekar is challenging the inaction…

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HC Urges Greater Noida Authority to Reinstate Cancelled Plot

NOIDA: The Allahabad High Court has reinstated a farmhouse plot valued at over Rs 100 crore to a firm, overturning a cancellation order issued nine years ago, effective immediately. A division bench comprising Justices Mahesh Chandra Tripathi and Kunal Ravi Singh ruled on Thursday to restore the 3.8 lakh sqm plot in Greater Noida to SDS Infratech, reversing the Greater Noida Authority’s 2017 cancellation order and instructing it to address the developer’s zero-period relief request within four months. The bench partially granted the writ petition, annulling the August 17, 2017 order that rescinded the April 25, 2011 plot allotment. This…

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SC Issues Notice to Goa Gov, Developer Over Siolim Villas

PANAJI: The Supreme Court has issued notices to the Goa government and a project developer regarding a special leave petition (SLP) that contests a Bombay High Court ruling, which dismissed a public interest litigation (PIL) against the construction of eight luxury villas with private swimming pools in Oxel, Siolim. The notices must be returned by April 13. Petitioner Suraj Chodankar raised concerns that the project lies within 34.5 meters of the Oxel spring—a 363-year-old perennial water source vital for residents. The High Court based its decision on a hydrogeological report from the Central Ground Water Board (CGWB), which indicated that…

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Kanpur to Implement Uniform Mutation Fee Starting March 1

KANPUR: The Kanpur Municipal Corporation (KMC) working committee has approved a new mutation fee. Starting March 1, citizens will only need to pay Rs 6,500 for mutation. This decision comes after a 63-day deliberation process, culminating in the committee’s approval, which favors the public. Previously, KMC regulations required citizens to pay 1% of the property’s total value based on the DM’s circle rate. During a meeting on December 26, 2025, KMC officials discussed the proposal, allowing citizens to voice any objections within a 45-day window. Only two individuals raised concerns, advocating for reduced fees for economically weaker section (EWS) homes.…

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ED Seizes ₹14 Crore in Sai Surya Developers Fraud Case

HYDERABAD: The Enforcement Directorate (ED) in Hyderabad has provisionally attached assets worth ₹14 crore under the Prevention of Money Laundering Act. This action is part of an investigation into Sai Surya Developers and others, who are accused of defrauding numerous depositors by falsely claiming to sell plots in various real estate projects. The assets seized include land owned by Sai Surya Developers. The ED commenced its investigation based on multiple FIRs filed by the Telangana police against Sathish Chandra Gupta, the proprietor of Sai Surya Developers, among others. According to the police’s chargesheet, Gupta allegedly received payments from several victims…

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CEO of Vipul Arrested for ₹6 Crore Fraud in Gurugram

GURUGRAM: A CEO of a real estate firm has been arrested for allegedly swindling several lawyers out of Rs 6 crore under the guise of investing their money in a high-return project, according to police reports on Sunday. The accused, Puneet Beriwala (62), CEO of Vipul Limited and a resident of Gurugram’s Sector 42, was detained on Friday. A local court has since placed him in police custody for two days. In a complaint lodged on October 1 last year, a group of lawyers claimed they invested Rs 6 crore in Vipul Limited in 2024, lured by Beriwala’s promise of…

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NBCC to Seek Supreme Court RERA Exemption for 11 Supertech Projects

NEW DELHI: State-owned NBCC is preparing to approach the Supreme Court for an exemption from RERA registration, as 11 out of the 16 Supertech projects it is required to manage will need additional funding, according to sources familiar with the situation. The Supreme Court recently upheld an NCLAT ruling requiring NBCC to complete 16 housing projects managed by the financially troubled Supertech Limited. However, upon review, NBCC identified that funds would need to be reallocated to finish these projects, which is not permitted under RERA regulations. “The NCLT lacks the authority to grant RERA exemptions, which are crucial for delivering…

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Bombay HC Orders Developer to Withdraw Anticipatory Bail Plea

MUMBAI: The Bombay High Court has admonished a developer for approaching it while his anticipatory bail application was still under consideration at the Dindoshi Sessions Court, emphasizing that he should seek relief from the appropriate forum first. The court instructed the accused to promptly withdraw his anticipatory bail petition from the High Court and to pursue options available in the Sessions Court. Justice N.R. Borkar was hearing the bail plea from Housecon developer Mansukh Shah, who, along with his son Akash Shah, has been charged by the Economic Offences Wing (EOW). They allegedly induced a businessman to invest ₹5.15 crore…

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HC Orders Reinspection of Stormwater Drains near Apartments

BENGALURU: The high court has instructed the Bruhat Bengaluru Mahanagara Palike (BBMP), now known as the GBA, to reassess lands in Gubbalala village, Bengaluru South taluk, where two apartment complexes are located. This comes after a government-commissioned expert committee reported encroachments into stormwater drains. In his ruling, Justice R Nataraj stated that if the petitioners suggest an alternative drain alignment, the GBA must review it to ensure the unobstructed flow of water into Subramanyapura Lake, while also considering the interests of adjacent landowners. The judge added that should the petitioners fail to submit an alignment proposal within 15 days from…