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 Finds Tenant in Contempt, Imprisons for Not Vacating

NEW DELHI: On Friday, the Supreme Court found two individuals guilty of contempt for willfully disobeying its order to vacate their rental property in Saharanpur, Uttar Pradesh. The court imposed civil imprisonment on one of the individuals. A bench led by Justices J K Maheshwari and Vijay Bishnoi sentenced the contemnor to three months of civil imprisonment, directing authorities to detain him and transfer him to Tihar Jail. This case arose from an Uttar Pradesh High Court ruling that upheld a directive from the Rent Control Authority for the eviction of the tenants involved. The contemnor was also ordered to…

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Delhi extends property tax amnesty scheme by 3 months with fees

NEW DELHI: The MCD has announced a three-month extension for its Sumpattikar Niptaan Yojana (SUNIYO) 2025-26, now valid until December 31, officials reported on Friday. This one-time property tax amnesty scheme was originally set to expire on September 30. While the terms and conditions will remain unchanged, a 2% late fee on the principal tax amount will apply for payments made between October 1 and December 31. Since its launch on June 1, SUNIYO has drawn in 1.16 lakh taxpayers, generating Rs 370.27 crore in revenue. Notably, 65,874 new taxpayers have paid property tax for the first time through SUNIYO,…

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Income Tax Survey of Raymond’s Realty Division

The Income Tax (I-T) department is currently conducting a survey action on entities associated with the textile and apparel giant Raymond Group. The survey, which started on Thursday and continued into Friday, focuses on the group’s real estate operations, according to sources familiar with the situation. Unlike searches, a survey action is restricted to official premises and is carried out solely during business hours. In a regulatory announcement on Friday, Raymond indicated that it is fully cooperating with the authorities. “We would like to inform you that yesterday, certain officials from the Income Tax Department visited some of the company’s…

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Bombay HC Reprimands EOW Officials for Misusing Arrest Powers

MUMBAI: The Bombay High Court granted interim bail to Mamta Digvijay Singh, sharply criticizing the Economic Offences Wing (EOW) for what it called a clear misuse of arrest powers. The division bench, comprising Chief Justice Chandrashekhar and Gautam A. Ankhad, expressed concern over her arrest on September 10, which occurred almost three months after her last statement on June 18. On September 12, the EOW apprehended directors Mangesh Kadam and Mamta Singh based on a complaint from Rajat Jhunjhunwala. He accused them of falsifying MGT-7 forms and counterfeit shareholding certificates for Shajas Developers Pvt Ltd and its subsidiary JLS Realty…

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Allahabad HC Reopens ₹295 Crore Land Payout Case After SC Ruling

NOIDA: The Allahabad High Court will continue its hearings regarding the Rs 295-crore Reddy Veeranna land compensation case on October 6. In July, the Supreme Court annulled the payout, deeming it fraudulent, as it found that the Hyderabad-based businessman misled the courts to secure an inflated compensation for a property in Noida’s Sector 18. The case is set to be heard by a bench comprising High Court Chief Justice Arun Bhansali and Justice Kshitij Shailendra. At the center of the case is over five bighas of land in Chhalera Banger village, which was jointly purchased in 1997 by Veeranna, Vishnu…

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Three Land Officials Linked to 254 Fraudulent Registries in Farrukhnagar

GURUGRAM: A probe has revealed that two tehsildars and a naib tehsildar in Farrukhnagar are implicated in facilitating fraudulent land registrations—at least 254 within four months. They reportedly converted agricultural land into urban plots and sanctioned illegal colonies, breaching various regulations. The officials are accused of manipulating property IDs and using forged documents to authorize these illegal registries, as outlined in an investigative report by the sub-divisional magistrate (Pataudi). According to the revenue department officials, these irregularities may have cost the state several crores. The report, reviewed by TOI, indicates that between April and August, tehsildar Navjeet Kaur authorized 94…

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SC Rejects ED Appeal in Tamil Nadu Sand Mining Case

CHENNAI: The Supreme Court has affirmed a ruling by the Madras High Court that dismissed the Enforcement Directorate’s (ED) investigation into an alleged multi-crore sand mining scam in Tamil Nadu, including the seizure of various properties linked to miners and their associates as proceeds of crime. A division bench consisting of Justice Dipankar Datta and Justice Augustine George Masih rejected the ED’s appeal against the high court’s decision from July 16, 2024. According to the High Court’s division bench, the central issue was not whether illegal sand mining was occurring in Tamil Nadu, but whether the ED could act under…

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Bombay HC Hires Architects for SRA Project Damage Review in Dharavi

MUMBAI: The Bombay High Court has appointed a committee of two architects to inspect a construction site on the Sion-Bandra Link Road in Dharavi. This comes in response to a petition from residents of a rehabilitation building, who argue that the construction of a free-sale building is compromising their structure. “If the petitioner’s claim is that there is a risk to the structural integrity of the building, it is indeed a serious matter,” stated Justices Girish Kulkarni and Aarti Sathe on Tuesday. They commissioned Shetgiri & Associates and GM Arch Pvt Ltd to conduct necessary evaluations and report on any…

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Allahabad HC Requests Records on Demolition Stay Order

LUCKNOW: The Lucknow bench of the Allahabad High Court, comprising a two-judge panel, has raised serious concerns regarding a single bench’s ruling that temporarily halted the demolition of a building in the Khurram Nagar area. The ruling also allows the builder to approach the LDA to seek compounding under the new bye-laws. The division bench summoned the records of the case previously heard by the single bench, questioning the urgency surrounding a matter that had seen a demolition order issued a while ago. They noted, “It raises the question of how maintainable the petition is before the Single Judge, particularly…

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SC Orders Builder to Refund Over ₹43 Lakh with 18% Interest

Supreme Court of India NEW DELHI: On Wednesday, the Supreme Court instructed a real estate firm to refund over Rs 43 lakh to a plot buyer, along with 18 percent interest. The apex court increased the compensation rate ordered by the National Consumer Disputes Redressal Commission (NCDRC) which was set at 9 percent on the same amount payable by M/s Business Park Town Planners Ltd. A bench consisting of Justices Dipankar Datta and Augustine George Masih partially granted the appeal made by Rajnish Sharma against the firm. Sharma claimed delays, unfair charges, and harassment related to a plot booking made…