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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SC issues notice to Centre & CPCB on Gurugram NGT plea

GURUGRAM: On Tuesday, the Supreme Court issued notices to the Centre and the Central Pollution Control Board (CPCB) regarding a civil appeal that challenges a National Green Tribunal (NGT) order. This order dismissed claims that a luxury apartment complex in DLF 3 was constructed by unlawfully diverting a designated protected forest area. The appeal was initiated by retired IFS officer RK Sharma along with journalist and social worker Pawan Kumar Bansal. They are contesting the NGT’s July 11, 2024 order, which rejected their concerns regarding the area near the Delhi-Gurgaon border. Bansal informed TOI that they approached the court because…

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Bombay HC Halts BMC’s Demolition of Rakhmabai Mhatre Chawl Homes

MUMBAI: The Bombay High Court has strongly criticized the Municipal Corporation of Greater Mumbai (BMC) for its demolition notices targeting six longstanding residents of Rakhmabai Mhatre Chawl in Mulund (East), categorizing the actions as “vague, arbitrary, malafide, and a misuse of power.” Justice Milind N Jadhav, in a ruling made on January 5, 2026, granted six Appeals From Orders filed by the residents: Anita Ashok Mapuskar, Amol Pandharinath Vedak, Manik Gajanan Thakur, Rajkumar Gamandas Ramchandani, Pushpalata Pandurang Ale, and Sudhir Sambhaji Jadhav. The court provided them absolute protection from any coercive measures from the BMC until their civil suits are…

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Karnataka Probes Infosys Land Sale for E-Khata Bypass

Karnataka’s revenue authorities have initiated an investigation into recent plot sale transactions, including one between Infosys and real estate developer Puravankara. The inquiry aims to identify any procedural deviations and determine subsequent actions. Revenue Minister Krishna Byre Gowda stated, “We have decided to expand the probe into transactions statewide,” in an interview with RealtyDailyNews. Inspector General of Registration (IGR) Mullai Muhilan has initiated this review following the discovery that five sub-registrars did not adhere to regulations. The authorities now mandate the submission of an e-khata, the digital version of a property’s official record, for property registration. The Kaveri 2.0 portal…

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ED seizes ₹400 crore in assets linked to Jaypee Group fraud

NEW DELHI: The Enforcement Directorate (ED) announced on Wednesday that it has attached assets worth ₹400 crore linked to a trust associated with former Jaypee Infratech MD Manoj Gaur, as well as with Honeyy Katiyal, the promoter of leading housing brokerage Investors Clinic. This action, under the Prevention of Money Laundering Act (PMLA), is part of an investigation into Jaypee group companies—Jaypee Infratech Ltd (JIL) and Jaiprakash Associates Ltd (JAL)—involving allegations of large-scale fraud and misappropriation of funds collected from homebuyers of the Jaypee Wishtown and Jaypee Greens projects in Noida. According to the ED, a provisional order has been…

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Jaipur Civic Body Seals Four Buildings for Tax Delinquency

Representative Image JAIPUR: On Tuesday, the Jaipur Municipal Corporation (JMC) sealed four properties in the Civil Lines zone due to outstanding urban development tax. Nine properties were reviewed for recovery, with five owners settling their dues immediately, resulting in approximately Rs 12 lakh collected. The four remaining properties were sealed in compliance with regulations. Civil Lines Divisional Commissioner Devanand Sharma stated, “During the operation, owners of five properties paid their outstanding dues. The attachment and sealing of the four properties followed the established rules. Efforts are ongoing to recover the pending amounts, together with applicable interest and penalties as set…

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Ahmedabad collects impact fee for two homes on govt land

AHMEDABAD: Officials from the Ahmedabad Municipal Corporation (AMC) have faced allegations of collusion and irregularities from a co-operative housing society in Ghatlodia ward. Society members claim that AMC officials in the North West Zone improperly collected impact fees for two houses constructed illegally on government land, falsely attributing them to their society. On December 22, 2024, the society members submitted an appeal to the Appellate Authority in Gandhinagar under the Gruda Act, 2022. The appeal, initiated by Natwarlal Panchal along with eight other society members, states that impact fees were unlawfully charged in May 2024 for the two homes built…

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Hyderabad: ED Files Supplementary Complaint in Sahiti Case

HYDERABAD: The Hyderabad unit of the Enforcement Directorate (ED) has submitted a supplementary prosecution complaint under the Prevention of Money Laundering Act (PMLA) against key figures involved in the Sahiti Infratec Ventures India Pvt Ltd (SIVIPL) fraud case. This complaint has been presented to the MSJ Court in Nampally, which acknowledged it on Monday. According to the ED, the complaint targets B Lakshminarayana, a former director, and S Purnachandra Rao, the marketing head of SIVIPL. Following an FIR filed by the Telangana police, the ED initiated a money-laundering investigation. The FIR claimed that SIVIPL and its promoters promoted a ‘pre-launch…

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Gurugram: ED Seizes ₹50 Crore in Assets from Ocean Seven Buildtech

Representative image NEW DELHI: The Enforcement Directorate (ED) has seized a villa, a hotel, a resort, along with several land parcels and deposits exceeding Rs 50 crore as part of a money laundering investigation concerning a fraud involving homebuyers tied to Gurugram’s Ocean Seven Buildtech Pvt Ltd (OSBPL). The ED’s statement indicated that Swaraj Singh Yadav, the company’s promoter, was instrumental in orchestrating this fraudulent scheme by misappropriating funds gathered from homebuyers intended for housing construction. Yadav was arrested in November as part of the ongoing investigation. The assets seized include a villa, hotel, resort, multiple office spaces, and several…

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Hyderabad Police Files Chargesheet in 19 Sahiti Infratech Cases

HYDERABAD: Central Crime Station (CCS) investigators have filed a chargesheet against 13 individuals in connection with 19 cases registered against Sahiti Infratech Ventures India Pvt Ltd in 2022. The CCS’s investigation covers a total of 57 cases against the company and its directors, with additional chargesheets expected after further investigation. On Monday, a team led by ACP KM Kiran Kumar, under DCP N Swetha’s supervision, submitted a 155-page chargesheet citing 294 witnesses to the metropolitan sessions judge in Nampally. This chargesheet includes the primary case registered at CCS on August 1, 2022, alongside 18 other re-registered cases linked to the…

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SC Requests Uttarakhand to Report on Illegal Forest Land Constructions

NEW DELHI: The Supreme Court criticized the Uttarakhand government for “persistent negligence” and requested a detailed report including a site plan that outlines illegal constructions on forest land in the state. A bench consisting of Chief Justice Surya Kant and Justice Joymalya Bagchi highlighted their serious concerns over the large-scale and systematic encroachment on forest land in Uttarakhand. They indicated plans to broaden the scope of legal proceedings to investigate the failure of state authorities to protect these lands. The court remarked that state officials seemed to collude with land grabbers, allowing encroachments and then attempting to legitimize them through…