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.

Latest StoriesRegulatory

SC Addresses Recent Delhi, Lucknow Fires; Questions Civic Bodies

NEW DELHI: The Supreme Court has expressed serious concerns over unauthorized constructions in Delhi-NCR, particularly following recent fire incidents in Delhi and Lucknow. The Court admonished civic bodies, stating that top officials could be held personally accountable for failing to follow its directives. A bench comprised of Justices Ahsanuddin Amanullah and R Mahadevan requested the personal appearance of officials from the Municipal Corporations of Delhi, Gurugram, and Lucknow. The bench noted their non-compliance with directives issued over time. The Supreme Court was dissatisfied with inaction regarding its May 20 directives concerning the sealing, demolition, and other legal actions against unauthorized…

Latest StoriesRegulatory

SC: Bank Merger Doesn’t Protect Tenants from Eviction

NEW DELHI: In a landmark ruling, the Supreme Court declared on Thursday that the merger of a tenant bank with another entity does not relieve the transferee bank from eviction under the Delhi Rent Control Act without the landlord’s written consent. Ending a nearly 40-year legal dispute, a bench comprising Justices Sanjay Karol and K Kotiswar Singh ordered Punjab National Bank (PNB) to vacate the tenanted premises at Connaught Circus by January 31, 2027, and return it to the owner, the British Motor Car Company Ltd. The court approved the eviction request from British Motor Car Company, which filed a…

Latest StoriesRegulatory

Jan Vishwas Bill: Major Regulatory Changes for Assam’s Land Use

Representative AI image GUWAHATI: On Thursday, the Assam government introduced a bill to amend six state acts aimed at reducing regulatory compliance. The Assam Jan Vishwas (Amendment of Provisions) Bill, 2026, aligns with the Centre’s initiative to deregulate and lessen compliance burdens. The bill aims to eliminate outdated regulations and streamline approvals to enhance living conditions and ease of business. The proposed changes impact laws related to school and university education, urban and regional planning, fire and emergency services, land reclassification, and cinema regulation. According to the statement of objectives, the Centre aims to alleviate legal and procedural burdens on…

Latest StoriesRegulatory

Punjab & Haryana HC Halts New Allotments in Gurugram Project

NEW DELHI: The Punjab & Haryana High Court has issued an order preventing IREO Group entities and Oberoi Realty from making new allotments or establishing third-party rights in a residential project located in Gurugram until the Haryana Department of Town and Country Planning (DTCP) reviews a complaint submitted by Advance India Projects. The interim order, issued on July 7, 2026, relates to the ‘Three Sixty North’ project on Golf Course Extension Road in sector 58, Gurugram. In a regulatory announcement, Oberoi Realty stated that the court’s directive does not affect existing sales and does not halt construction work. The company…

Latest StoriesRegulatory

ED Raids Builders in Delhi-NCR Over ‘Subvention Scheme’ Fraud

NEW DELHI: The Enforcement Directorate (ED) conducted searches at various locations in Delhi-NCR on Wednesday as part of a money laundering investigation linked to alleged fraud involving homebuyers with subvention schemes, officials reported. At least five premises associated with three companies—CHD Developers Ltd., Ninex Developers Ltd., and Manju J Homes (India) Ltd.—were raided under the Prevention of Money Laundering Act (PMLA). The companies were not immediately reachable for comment. The ED’s investigation arises from three FIRs filed by the Central Bureau of Investigation (CBI) in 2025 under the Supreme Court’s direction. The CBI found that builders allegedly misled homebuyers and…

Latest StoriesRegulatory

NGT Requests CAQM Feedback on Builder’s Closure Notice Appeal

NEW DELHI: The National Green Tribunal has requested responses from the Commission for Air Quality Management (CAQM) in the National Capital Region and surrounding areas regarding an appeal from a Haryana-based construction firm contesting a closure notice. The tribunal was addressing a plea from Ramakrishna Buildwell Pvt Ltd, which challenged the closure notice issued by CAQM on April 30 of this year. On July 6, a panel led by NGT Chairperson Justice Prakash Shrivastava and expert member Afroz Ahmad noted that the company’s advocate mentioned the closure notice had previously been disputed in the Punjab and Haryana High Court, which…

Latest StoriesRegulatory

CBI Files Two Charge Sheets in Homebuyer Fraud Cases

NEW DELHI: The CBI has submitted two chargesheets—one targeting Ithaca Estate Pvt Ltd and the other against LGCL Urban Homes (India) LLP—regarding significant fraud against homebuyers in Bengaluru, officials announced on Tuesday. The central agency has implicated directors of the two companies, as well as officials from HDFC Bank Ltd, ICICI Bank Ltd, and Indiabulls Housing Finance Ltd, in connection with alleged fraudulent activities within a housing project, as stated by a CBI spokesperson. “Both chargesheets have been filed in the designated CBI court in Bengaluru,” the spokesperson added. Investigations suggest that the accused construction firms and their directors, in…

Latest StoriesRegulatory

Chandigarh Estate Office Doubles Revenue Recovery in FY26

CHANDIGARH: The UT estate office has seen a remarkable increase in revenue for the financial year 2025-26, collecting Rs 335.05 crore compared to Rs 164.5 crore in the previous year. This represents a growth of over Rs 170 crore, which is more than 103%, attributed to enhanced enforcement, digital improvements, and quicker resolution of pending cases. An official from the estate office revealed that significant advancements have been made in the revenue collection mechanisms over the last two years. Strategies included focused recovery drives, timely issuance of demand notices, expedited case resolutions, digitization of records, online payment options, and rigorous…

Latest StoriesRegulatory

NBW Issued for Deluris Buildtech’s MD in Compensation Case

Representative AI image GURUGRAM: The District Consumer Disputes Redressal Commission-VI in New Delhi has issued non-bailable warrants against Deluris Buildtech India’s Managing Director, Vipul Sachdeva, and Director, Ajay Bharti, for failing to comply with its orders related to homebuyer grievances. The warrants stemmed from separate execution proceedings concerning complaints lodged by homebuyers Archana Mehra and Amit Rana regarding the Zara Rossa project in Gurgaon’s Sector 112. The commission highlighted that the developer did not heed its prior directives despite receiving notice. Homebuyers claimed that Deluris Buildtech failed to deliver possession of their apartments in a timely manner and sought damages…

Latest StoriesRegulatory

Court Denies Bail to Ex-Lodha Director in ₹181 Crore Scam

MUMBAI: On Monday, a court denied bail to Rajendra Lodha, the former director of Lodha Developers, in a Rs 181 crore corporate land fraud case, emphasizing that such offences undermine public trust in commercial and financial institutions. Additional Sessions Judge P A Sable noted that the preliminary evidence suggests Lodha played a crucial role in the alleged conspiracy. The prosecution claims that Lodha orchestrated a well-planned, prolonged economic conspiracy, misusing his fiduciary authority to unlawfully sell company-owned land to various developers at undervalued prices. He is accused of conspiring with multiple individuals, including his son Sahil Lodha, to fabricate documents…