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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Tamil Nadu revises property valuation methods

CHENNAI: To improve transparency and fairness in property transactions, the state government has revised the stamp rule framework, introducing the concept of “composite value” for apartments and flats while allowing more flexible guideline value revisions. The new regulations, which take effect from June 23, represent a significant change in property valuation practices in Tamil Nadu. The reforms enable the valuation committee to update guideline values at any time during the year, rather than being restricted to a specific month. “Previously, revisions were limited to October. If a decision was made in April to adjust values, we had to wait. Now,…

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HC Orders Residents to Vacate 18-Floor Building in 2 Weeks

MUMBAI: The Bombay High Court has labeled residents of the top 18 floors of the 34-storey Willingdon Heights building in Tardeo as “selfish” for ignoring the need for an occupation certificate (OC). The court has ordered these occupants to vacate their flats within two weeks. A bench led by Justices Girish Kulkarni and Arif Doctor criticized the residents for their “brazen illegality” in occupying flats without the necessary OC. The court instructed the Brihanmumbai Municipal Corporation (BMC) to take action if the order is not followed, stating that these affluent residents are knowingly violating building regulations while evading legal consequences.…

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NGT Launches Probe into Illegal Sand Mining in Dhenkanal

CUTTACK: The National Green Tribunal (NGT) has mandated an investigation into alleged illegal sand mining at a quarry located along the Brahmani River in Dhenkanal district. This directive arose during a Friday hearing regarding a petition from a Talcher-based NGO, alleging that 11.80 acres of sand was being mined illegally at Gunadei village under Odapada tehsil, in violation of various environmental regulations. The petitioners’ legal representatives, Sankar Prasad Pani and Ashutosh Padhy (participating virtually), asserted the project was breaching the Sustainable Sand Mining Management Guidelines, 2016, established by the Union Ministry of Environment, Forests and Climate Change. The NGT’s east…

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Mohali District Collects ₹11.43 Crore in 19 Days via OTS

MOHALI: In a significant development for the Punjab government’s initiative to collect pending property taxes, the urban local bodies (ULBs) in Mohali district have garnered an impressive Rs 11.43 crore within just 19 days through the one-time settlement (OTS) scheme. Commending the enthusiastic participation of citizens, Mohali Deputy Commissioner Komal Mittal noted that the remarkable revenue collected from July 1 to July 19 demonstrates the effectiveness of the scheme introduced by Chief Minister Bhagwant Singh Mann, which is designed to provide substantial relief on outstanding property tax liabilities. As per official reports, Zirakpur led the collections with Rs 7.53 crore,…

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Uttar Pradesh Minister: 380 Registration Offices to Get Own Buildings

VARANASI: On Saturday, UP Minister Ravindra Jaiswal announced plans to construct dedicated buildings for all 380 registration offices in the state, equipped with world-class amenities. This was revealed during the inauguration of eight registration office buildings with an investment of Rs 18.56 crore. The minister also remotely inaugurated a new sub-registrar office in Sagri, Azamgarh district, and laid foundation stones for several offices in Chandauli, Shravasti, Jay Singhpur, Maholi, Ramsanehighat, Lambhua, Sawayajpur, and again in Shravasti. “Under the guidance of Prime Minister Narendra Modi and Chief Minister Yogi Adityanath, the initiative to operate all registration offices in their own buildings…

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Karnataka to Charge for Groundwater; Meters Required for All

BENGALURU: In a significant effort to manage groundwater resources and promote sustainability, the state government has introduced fees ranging from Re 1 to Rs 35 per cubic metre for various users of groundwater, including individuals, housing societies, commercial establishments, industries, and mining operations throughout the state. The fees will affect all types of residential complexes, group housing societies, as well as government bodies providing water in urban settings. Commercial entities and mining operations will also be subject to these new regulations. Moreover, the government has mandated that all residential and commercial property owners secure a no-objection certificate (NOC) prior to…

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SC: Arrest Anyone Laying Bricks Amid Chandi Chowk Ban

NEW DELHI: On Friday, the Supreme Court criticized unauthorized constructions in the Chandi Chowk area, despite an existing court ban, and instructed the Delhi Police to arrest anyone involved in such activities. A bench comprising Justices Surya Kant and Joymalya Bagchi instructed the Delhi Police commissioner to organize patrols in the area and to immediately halt illegal constructions. “The Commissioner of Police must ensure a police team is deployed for regular patrolling and that all demolition orders issued by the MCD, which have not been stayed by the courts, are followed diligently. Any illegal constructions must be sealed immediately,” the…

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Uttar Pradesh Urban Bodies Start House Tax Recovery Drive

LUCKNOW: In a significant initiative, urban local bodies across the state have commenced efforts to recover outstanding house taxes from property owners. This special drive, which started on July 15, will continue until July 31, during which notices and bills will be sent to those who have yet to settle their dues. In 17 major cities managed by municipal corporations in Uttar Pradesh, over 5.5 million properties will be targeted. These cities generate a large portion of the state’s revenue, which comes from a total of 762 urban local bodies. Additionally, it is estimated that the remaining 199 municipal councils…

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Protests Erupt Over Property Tax Notices in Ghaziabad

GHAZIABAD: On Friday, councillors of the Ghaziabad Municipal Corporation (GMC) organized a sit-in protest at the head office in Navyug Market due to increased property tax notices sent to residents, despite the board’s decision to repeal the proposal. The revised property tax rate took effect on April 1. GMC officials stated that the notice issuance is “system-generated.” They assured that any payments made concerning the increased tax would be adjusted to reflect the previous tax slabs. However, this explanation did not satisfy the protesters. Councillor Manoj Goyal remarked, “The GMC board’s meeting on June 30 unanimously decided to revert to…

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SC orders action on illegal building in Thiruvananthapuram

THIRUVANANTHAPURAM: The Supreme Court has ordered the city corporation to take decisive action against a commercial building that was constructed in violation of civic regulations. The court also dismissed an appeal from G. Mohandas, a Thiruvananthapuram building owner, who sought to overturn criminal proceedings regarding the building’s alleged illegal construction. The bench, featuring Justices Vikram Nath and Sandeep Mehta, upheld a prior Kerala High Court ruling from January 16, 2024, which declined to intervene in the matter. Prosecutors allege that Mohandas acquired a renovation permit under false pretenses and used it to demolish an existing structure and erect a new…