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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NGT Reduces Environmental Fine for Gurugram High-Rise Society

NEW DELHI: The National Green Tribunal (NGT) has provided notable relief to Freedom Park Life AOA, developed by BPTP Builder, by significantly decreasing the environmental compensation previously imposed on the society by the Haryana State Pollution Control Board. The appeal, presented by Advocates Sumit Gehlot, T.S. Thakraon, Manju Gehlot, and Abhishek Singh for the appellant, led the Tribunal to determine that the penalty calculated by the Board was unjustified and lacked supporting evidence. Initially, the HSPCB had levied a penalty of Rs 1,55,62,500 on the housing society, claiming that its sewage treatment plant (STP) had been out of order for…

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NCLAT Orders Chronos Properties to Renew Bank Guarantee for IL&FS

NEW DELHI: On Friday, the National Company Law Appellate Tribunal (NCLAT) instructed Brookfield-backed Chronos Properties to renew the bank guarantee for the acquisition of the flagship Bandra Kurla Complex property from Infrastructure Leasing and Financial Services Ltd (IL&FS). In an interim order, NCLAT also prohibited the debt-laden IL&FS group from creating third-party rights on its headquarters until the appeal is resolved. NCLAT emphasized the necessity for Chronos to renew the Performance Bank Guarantee to avoid disqualification in acquiring the IL&FS headquarters. Both parties have been directed to finalize pleadings, file replies, and rejoinders by January 16, with the next hearing…

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High Court Directs Haryana: Map Aravalis and Define Forests

GURUGRAM: The Punjab and Haryana High Court has directed the Haryana government to provide a clear and legally sound definition of the Aravali forest landscape in the state. The case will be revisited on January 9, 2026, during which the government is expected to submit an affidavit “mapping the exact area” of the Aravalis, in accordance with previous Supreme Court rulings and a recent apex court judgment from last month. The bench, comprising Chief Justice Sheel Nagu and Justice Sanjiv Berry, issued the directive on Tuesday while examining a public interest litigation initiated by activist Harinder Dhingra. They instructed Principal…

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NGT Extends Sand Mining Ban in Goa Rivers Until Next Month

Representative AI image PANAJI: The National Green Tribunal (NGT) has prolonged the ban on sand mining in Goa’s rivers until January 28, 2026. This decision follows an appeal by the Goa River Sand Protection Network against 12 environmental clearances issued by the state. This extension was prompted by a request from the Goa Coastal Zone Management Authority for additional time to respond during a December 8 hearing. The NGT’s ruling specifies that the “director of mines and geology shall not permit any mining activity in the area in question until the next hearing date.” The Goa River Sand Protection Network…

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Hyderabad: Builder Cited for Illegal Parking Layout Changes

HYDERABAD: The Ranga Reddy District Consumer Disputes Redressal Commission has ordered a builder in Bowrampet to provide a legally sanctioned car parking space to a flat owner. This ruling follows revelations that the developer had improperly modified the stilt-floor layout of Pinewood Apartments, leading to ongoing disputes among residents. The complainant, who purchased flat no. 303 for ₹25.91 lakh in February 2022, noted that the sale deed specifically included a car parking slot. Upon moving in, however, he found that the builder had deviated from the HMDA-approved design. The initial plan allowed for 10 car parking spaces with two driveways,…

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HC Overturns Chandigarh Board’s Denial of Flats to Jhuggi Dwellers

CHANDIGARH: The Punjab and Haryana High Court has annulled the Chandigarh Housing Board’s (CHB) decision to deny flats to several jhuggi dwellers under the Chandigarh Small Flats Scheme, 2006. The court observed that the authorities failed to provide these individuals with an opportunity to be heard. Consequently, it has mandated the administration to revisit the issue and make a decision within two months. A division bench consisting of Justice Anupinder Singh Grewal and Justice Mandeep Pannu issued this ruling while addressing a petition presented by Rajesh Kumar Giri and others. The bench noted that the jhuggi dwellers had their claims…

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EOU Forms STF to Combat Sand and Land Mafias in Bihar

Representative Image PATNA: The Economic Offences Unit (EOU) has established a Special Task Force dedicated to combating illegal sand mining and land mafia activities in Bihar. Led by EOU DIG Manavjit Singh Dhillon, the task force will investigate illegal assets, perform financial inquiries, and confiscate properties linked to criminal operations. They will also collaborate with government agencies and district administrations for further actions, as stated by a senior EOU official on Wednesday. EOU ADG Nayyar Hasnain Khan revealed that the task force consists of SP Rajesh Kumar, four DSPs, and five inspectors. “The team will investigate how these mafias acquired…

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Govt to investigate low bids for cessed South Mumbai repairs

NAGPUR: On Wednesday, the state government initiated an inquiry into tenders that were allegedly quoted “below estimated price” for the rehabilitation of aging and crumbling buildings in Mumbai, following claims of irregularities raised in the assembly. During a discussion regarding nearly 16,000 cessed buildings in south Mumbai, Congress MLA Amin Patel urged the government for immediate action to accelerate their redevelopment. He pointed out that tenders issued by Mhada received bids that were 100-140% lower than the estimated costs. “Under the guise of repairing these dilapidated buildings, contractors are illegally adding extra floors and profiting from the sale of these…

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CHD Vann Takes Charge to Finish 11-Year-Delayed Gurugram Project

GURUGRAM: The National Company Law Tribunal (NCLT) has sanctioned the separation of CHD Vann from the insolvency proceedings of CHD Developers, enabling Roots Developers, the landowners, to gain full control of Vann and complete the long-delayed housing project in the city. CHD Vann, situated in Sector 71, was initiated in March 2014 as a 10-acre residential development featuring 12 towers and 569 units of 2, 3, and 4 BHK apartments. Initially, possession was scheduled for October 2018, but the project faced significant delays due to the financial struggles of CHD Developers, leaving many homebuyers in a tough situation with ongoing…

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Hyderabad: ED Raids Bhuvan Teza Infra in Flat Scam Probe

HYDERABAD: The Enforcement Directorate executed searches at six sites associated with Bhuvan Teza Infra Projects Private Ltd on Wednesday, as part of an ongoing money laundering investigation connected to a pre-launch flat scam previously identified by the Central Crime Station (CCS). In the case reported by CCS, Bhuvan Teza Infra’s director, Chekka Venkata Subrahmanyam, is accused of collecting crores of rupees from buyers for ‘Happy Homes’ flats in Shamirpet, under pre-launch offers, yet failing to deliver the properties or refund the money. Investigators uncovered that many other customers were similarly deceived. A case filed by the Economic Offences Wing (EOW)…