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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Guntur Civic Body Waives Uncollectable Property Tax Arrears

GUNTUR: The Guntur Municipal Corporation (GMC) has eliminated ₹33.62 crore in ‘uncollectable’ property tax arrears as part of its initial phase, addressing a total of over ₹80 crore in long-standing demands. Property and vacant land taxes are vital for GMC, generating an approximate annual revenue of ₹300 crore. Yet, collection rates have historically remained at 50-60%, primarily due to staff oversight and accumulating uncollectable amounts. “We conducted a comprehensive review of the outstanding dues and determined that certain assessments could be waived following due diligence. Every record will be made public, as the council has approved this proposal. This initiative…

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Telangana Registrations Drop 50,000, Revenue Rises ₹500 Crore

HYDERABAD: Despite the state’s government initiatives to boost the struggling real estate sector, including freezing market value revisions and fostering a more favorable developer sentiment, the industry still faces significant challenges. Registrations have sharply declined, dropping by approximately 50,000 documents in the 2025-26 financial year compared to the previous year (up until December). Although there has been a slight rise in total revenue, it remains well below the target of Rs 19,100 crore. For the fiscal year 2024-25, the registration and stamps (R&S) department generated Rs 14,230 crore in revenue. According to sources from the R&S department, their revenue target…

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Insolvency Cases Surge, Straining NCLT amid Infra Issues

NEW DELHI: The Insolvency and Bankruptcy Code (IBC) framework in 2025 faced increasing stress on timelines and capacity, with resolution processes often extending beyond statutory deadlines. This scenario persists despite the National Company Law Tribunal’s (NCLT) efforts to manage its limited resources. Senior advocates and legal experts have raised alarms over systemic delays, indicating that nearly 10,000 cases remain stuck at the admission stage, with over Rs 10 lakh crore in distressed assets at stake. Additionally, nearly 24 out of 30 NCLT courts are operating on half-day schedules. The delays can be attributed to a combination of limited capacity, repeated…

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Mumbai Court Orders Eviction of Trespassers from NRI’s Apartment

MUMBAI: The Bombay City Civil Court has concluded a 15-year legal dispute, granting eviction of trespassers from the Dahisar apartment of an NRI businessman, Suresh Basantani. Judge BD Pawar ruled in favor of Basantani, who had learned his home was “resold” and occupied while he was living abroad. Judge Pawar emphasized that once a registered agreement is executed and the title is transferred, the seller loses any rights to the property. He stated, “As defendant Nos 1 and 2 (Siddhivinayak Builders and promoter) already transferred the title of the suit flat to the plaintiff, they could not transfer it again…

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Calcutta HC: KMC Can Fix Unsafe Buildings in Disputes

KOLKATA: The Calcutta High Court ruled on Dec 23 that civil disputes would not hinder the renovation of a building designated as ‘dilapidated’ or ‘unsafe’ by the KMC. The court stated, “The residents, including tenants and nearby individuals, could face substantial risk if the Corporation’s order is not executed.” The challenge arose from the trial court’s decision to lift an interim order in a civil suit regarding a 1/6th property share, brought before the division bench of Justices Sabyasachi Bhattacharyya and Supratim Bhattacharya, which also contested transfer deeds issued by the building owners. After the lower court issued the interim…

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Gurugram Seals 7 Properties Over ₹1.8 Crore in Tax Dues

Representative image GURUGRAM: The Enforcement teams of the Municipal Corporation of Gurugram (MCG) sealed seven properties in the city on Tuesday due to non-payment of property tax totaling ₹1.8 crore, despite multiple notices sent to the owners. The sealing operation was overseen by zonal taxation officer Pankaj Kumar, along with tax inspector Pankaj Saluja and their team. According to MCG officials, two properties in Kherki Daula had outstanding dues of ₹30,82,747 and ₹19,72,508, respectively. In Mohammadpur Jharsa, two properties had pending tax amounts of ₹27,35,536 and ₹22,65,126. Additionally, a property in Narsinghpur with dues of ₹14,04,967 and another in Pace…

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Patna resolves 671 property tax and waste charge issues in a month

PATNA: The Patna Municipal Corporation (PMC) has addressed 671 complaints regarding property tax and solid waste charges out of 1,782 grievances reported within the past month, showcasing a significant advancement in citizen-focused governance. Officials report that the civic body is prioritizing expedited resolution through its enhanced grievance redressal system. On Monday, Municipal Commissioner Yashpal Meena stated, “We are promptly managing complaints to ensure timely relief for residents. The remaining cases, mostly directed to zonal offices, are actively being processed, with regular reviews conducted by relevant officers for prompt resolution.” The commissioner has issued stern directives to executive officers across all…

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Navi Mumbai: NMMC Alerts CIDCO on Pollution Violations

Representative AI image THANE: The Navi Mumbai Municipal Corporation (NMMC) has sent notices to the City and Industrial Development Corporation (CIDCO) for alleged breaches of pollution control regulations at two housing project sites managed by CIDCO. A statement from the civic body mentions that notices are related to a housing project near Juinagar Railway Station in Sector 11, Sanpada, and another site in Vashi’s Sector 19. NMMC has instructed CIDCO to implement all necessary pollution control measures, as per the Standard Operating Procedures (SOP), and to submit a comprehensive report on the corrective actions taken to the town planning department.…

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Lucknow to Adopt New House Tax Assessment System

LUCKNOW: The Lucknow Municipal Corporation is introducing the Property Tax Management System (PTMS) to enhance transparency in property tax assessments. This initiative aims to eliminate inconsistencies in tax calculations and mitigate complaints regarding municipal staff harassment. Properties that may be impacted include those with discrepancies between recorded and actual built-up areas, buildings misclassified as residential or commercial, and properties that expanded without proper updates. Additionally, high-value homes and buildings currently outside the tax system will be scrutinized more closely. Currently, inaccuracies in assessments have resulted in small buildings being attributed inflated areas or residential properties being taxed under commercial rates.…

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Karnataka HC: Registrar can void sale deed for illegal allotments

BENGALURU: In a landmark decision that could influence numerous cooperative housing cases, the Karnataka High Court has ruled that the additional registrar of cooperative societies has the authority to revoke even a registered sale deed if it stems from an illegal allotment by a cooperative society. Justice Suraj Govindaraj issued this ruling while rejecting a petition from Suresha, a Bengaluru resident who challenged the registrar’s power to intervene post-registration of a sale deed. The court clarified that after invalidating an illegal allotment, the registrar has the right to instruct the local sub-registrar to take necessary actions, but emphasized the importance…