Latest StoriesResidential

Delhi MCD Starts Survey on Residential Premises Misuse

NEW DELHI: In response to directives from the Supreme Court, the Municipal Corporation of Delhi (MCD) has launched a thorough initiative to pinpoint instances of residential properties being misused for non-residential purposes throughout the city. The Supreme Court’s order, issued in early April, involved municipal corporations from all capital cities, including the MCD, and mandated a thorough inquiry within their respective jurisdictions. MCD Commissioner Sanjeev Khirwar has directed all zonal deputy commissioners to conduct a targeted survey aimed at identifying residential areas that are currently being utilized for commercial or other non-residential activities. This survey will encompass all residential colonies,…

IndustryLatest Stories

Unitech Nominee Director Uma Shankar Resigns

NEW DELHI: Realty company Unitech Ltd announced on Friday that its nominee director, Uma Shankar, has resigned for personal reasons. According to a regulatory filing, Unitech stated that Shankar, a Non-Executive nominee director, “resigned from the board of the company effective March 7, 2026.” The company expressed regret for the delayed notice of her resignation to the stock exchanges, attributing this to an “unintentional oversight.” The Supreme Court directed the Union government on December 18, 2019, to establish an independent management for Unitech Ltd. In compliance, the Ministry of Corporate Affairs proposed a new board of directors, which the apex…

Latest StoriesRegulatory

SC Issues Notice on Contempt Petition Over Gurugram Constructions

GURUGRAM: The Supreme Court has issued a notice in a contempt petition filed by Rajdarbar Iconic Venture concerning its December 17, 2024, ruling on unauthorized constructions, focusing on a land parcel in Chakkarpur village. During the contempt petition hearing on April 17, a bench comprising Justices JB Pardiwala and Vijay Bishnoi acknowledged the delay in filing the petition and instructed the respondents, including Anurag Rastogi and others, to submit their replies by May 7, 2026. The court also waived the requirement for their personal appearance at this stage. The petition names several respondents, including high-ranking Haryana officials such as the…

Latest StoriesRegulatory

SC urges NCLAT to rule on 14 Supertech housing projects

NEW DELHI: On Monday, the Supreme Court urged the NCLAT to swiftly decide on the amalgamation of 14 remaining housing projects of the financially troubled real estate firm Supertech within a court-supervised framework, aiming to expedite completion and alleviate the concerns of homebuyers. Earlier, on February 5, the Supreme Court upheld an NCLAT order directing the State-owned NBCC to complete 16 out of 30 housing projects of Supertech Limited. The NCLAT is set to re-examine the issue on April 24. A bench led by Chief Justice Surya Kant and Justice Joymalya Bagchi took note of the worries expressed by homebuyers…

Latest StoriesRegulatory

SC Directs Municipal Bodies to Survey Commercial Misuse in Homes

JAIPUR: The Supreme Court has mandated that municipal bodies in all state and Union Territory capitals conduct a survey of residential areas used for commercial activities, submitting affidavits detailing violations by May 15, 2026. This places the Jaipur Municipal Corporation (JMC) under a tight deadline. The directive was issued during a hearing regarding unauthorized commercial use in a Chennai colony, with Justices Ahsanuddin Amanullah and R. Mahadevan expanding its nationwide application. “Authorities must conduct a thorough investigation to identify areas designated for residential use that are being misappropriated for commercial purposes. A comprehensive report outlining these cases must be presented…

Latest StoriesRegulatory

SC orders Nowhera to surrender in a week, ties bail to deeds

File Photo HYDERABAD: On Wednesday, the Supreme Court directed Nowhera Shaik, the chief of Heera Group, to surrender to the appropriate jail authorities within a week. The court warned that non-compliance would lead to the issuance of a non-bailable warrant. Furthermore, the possibility of future bail considerations will be contingent upon her cooperation in executing pending sale deeds. This directive stems from the court’s findings that Nowhera has failed to cooperate in executing 16 sale deeds for auction purchasers, despite the Enforcement Directorate (ED) having already received the full payment. The court described the situation as a large-scale fraud, involving…

Latest StoriesResidential

Supreme Court revives stalled Supertech Supernova project in Noida

NEW DELHI: An Empowered Committee (EC) formed by the Supreme Court has initiated actions to revive the long-delayed Supernova Project in Noida. This includes measures such as a forensic audit, homebuyer verification drives, and plans to select a new developer for the esteemed mixed-use development. Established following a Supreme Court ruling on December 16, 2025, the Committee commenced its operations in the last week of December 2025 and has taken control of Supertech Realtors Pvt. Ltd., the corporate entity in question. The Supernova Project notably features the iconic Spira Tower, envisioned to be among the tallest buildings in India. Justice…

Latest StoriesRegulatory

SC offers Noida Authority last chance on stalled sports city project

NEW DELHI: The Supreme Court has granted a final chance to the New Okhla Industrial Development Authority to follow its directives related to delayed real estate projects associated with the Noida Sports City development. A bench comprising Justices M M Sundresh and N Kotiswar Singh issued the order. “As a final opportunity, the earlier orders made by this court on November 24, 2025, and January 15, 2026, must be complied with by the respondent Noida,” stated the bench. In the November 24 ruling, the Supreme Court approved a structured revival plan for the project being developed by Lotus Green Constructions…

Latest StoriesRegulatory

SC Urges CBI Probe into Builders-Banks Nexus, Homebuyers’ Woes

NEW DELHI: On Wednesday, the Supreme Court criticized the CBI regarding its investigation into the alleged “unholy nexus” between banks and developers that has reportedly led to homebuyers in Delhi-NCR and other regions being defrauded. The court emphasized that any delays in the probe would only exacerbate the suffering of affected flat buyers. A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi took issue with the CBI’s claim that several cases of fraud under the subvention scheme should be handed over to state agencies for further investigation. The bench rejected this proposal and instructed…

Latest StoriesRegulatory

SC Issues Notice on Ramodaya Housing Project in Mormugao

PANAJI: The Supreme Court has issued a notice to the town and country planning department and the Mormugao planning and development authority regarding a petition challenging the permissions granted for the Ramodaya Cooperative Housing Society project in Mormugao. The SC bench, consisting of Justices Vikram Nath and Sandeep Mehta, has directed all parties to maintain the status quo concerning the possession and construction of the disputed property. Swapnesh Sherlekar approached the SC after the Bombay High Court dismissed his petition last year, which contested the development permissions and alleged significant hill cutting for the project. Sherlekar is challenging the inaction…