Tag: Supreme Court

CommercialLatest Stories

Gurugram: Demolition of illegal buildings starts on Galleria Road

GURUGRAM: The enforcement wing of the Department of Town and Country Planning (DTCP) demolished 13 unauthorized commercial structures on land designated for residential use in Chakkarpur, near Hamilton Court Society on Galleria Road. The demolition occurred under strict security, supported by personnel from the Sector 29 police station. Among the structures removed were a chemist shop, pet shop, and a scrap dealer’s unit. District Town Planner (Enforcement) Amit Madholia led the operation alongside duty magistrate Naveen Barua, assistant town planners Divya Dahiya and others from the enforcement team. This anti-encroachment drive concludes a legal battle that lasted over 20 years.…

Latest StoriesRegulatory

SC to Hear Plea on Flats Under Subvention Scheme

NEW DELHI: The Supreme Court has agreed to hear a plea urging the Centre to establish a scheme ensuring that if flats under a subvention plan are not delivered to homebuyers, both the lender and builder will share the loss of the loan amount disbursed. Under the subvention scheme, banks directly transfer sanctioned amounts to builders, who are then responsible for covering the EMIs until the flats are delivered. However, when builders default on the EMIs according to the tripartite agreement, banks seek payment directly from homebuyers. A bench consisting of Chief Justice Surya Kant and Justice V Mohana has…

Latest StoriesRegulatory

SC Orders Settlement Execution in Ardee Family Dispute

NEW DELHI: The Supreme Court has instructed the execution of a settlement concerning the family of the late real estate developer Ashok Varma, associated with the Ardee Group and its family assets. A bench led by Justices J K Maheshwari and Atul S Chandurkar acknowledged the mediator’s report and ordered the parties to implement the settlement. The case involves Shefali Varma and Shibani Varma Kapur, the daughters of Ashok Varma, and their dispute over the family’s real estate assets and business endeavors. The court had assigned former Justice Kurian Joseph as a mediator to facilitate an amicable resolution. The bench…

Latest StoriesRegulatory

Jaipur Developer Seeks SC Action on Residential Land Use

Supreme Court of India NEW DELHI: A private real estate company in Jaipur has petitioned the Supreme Court, alleging unauthorized commercial activities on land intended for residential use and urging the Jaipur Municipal Corporation (Greater) to investigate and act accordingly. The petition was filed in the ongoing case of Loganathan vs State of Tamil Nadu & Ors., where the Supreme Court already instructed municipal authorities in state capitals to identify residential areas misused for commercial activities and provide compliance reports. Rajdarbar Pinkcity Developments Pvt. Ltd. seeks to include its concerns in the Supreme Court’s ongoing review of unauthorized commercial use…

Latest StoriesRegulatory

SC probes Jaipur body over delay in commercial use in homes

JAIPUR: The Supreme Court has expressed strong disapproval towards the Jaipur Development Authority (JDA) for neglecting its directives concerning commercial entities in residential zones of Jaipur. The court noted that the JDA did not appear during proceedings nor submit an affidavit outlining actions taken after conducting necessary surveys, despite ongoing complaints from residents about significant violations. A bench consisting of Justice Ahsanuddin Amanullah and Justice R. Mahadevan acknowledged that amicus curiae Ajit Kumar Sinha pointed out the JDA’s absence from the hearings. This lapse was deemed serious, especially as it pertains to the enforcement of town planning regulations and the…

Latest StoriesRegulatory

HC Limits Relief in Building Violations, Opens Door for DTCP in Gurugram

GURUGRAM: The Punjab and Haryana High Court has paved the way for authorities to take action on numerous cases of alleged building violations within the city. The court has clarified that an earlier restraint order applies only to property owners involved in current litigation, rather than a blanket pause on all cases. This dispute concerns unauthorized constructions, additional floors, excessive coverage, and commercial operations in residential areas spanning DLF-1 to 5. In an order issued on May 29, Chief Justice Sheel Nagu led the bench in specifying that the previous restraint order from November 26, 2025, only affects additional respondents…

Latest StoriesRegulatory

SC: NMMC Can Collect Property Tax in Thane-Belapur Belt

NAVI MUMBAI: The Supreme Court ruled on Wednesday that the Navi Mumbai Municipal Corporation (NMMC) has the authority to collect property tax in the Thane Trans Creek-MIDC area, commonly referred to as the Thane-Belapur industrial corridor. This decision, stemming from a case brought forth by the Small Scale Entrepreneurs Association (SSEA) regarding the Thane Trans Creek-MIDC area, allows NMMC to impose property taxes on more than 3,000 industries in the corridor. In 2001, the SSEA petitioned the Bombay High Court against NMMC’s property tax orders, arguing a jurisdictional dispute since MIDC also charged service fees in the area. The High…

Latest StoriesRegulatory

SC asks Centre, ED, RBI about plea on homebuyer fund misuse

NEW DELHI: The Supreme Court has requested responses from the Centre, ED, RBI, and other parties, including certain real estate firms, regarding a plea claiming that significant amounts collected from homebuyers in Noida and Yamuna Expressway projects were misappropriated. A bench consisting of Chief Justice of India Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi acknowledged the submissions by lawyer Prashant Bhushan, representing petitioner Vandana Sabharwal, and issued notices to the respondents due by July 15. The bench also called for responses from the Union ministries of Housing and Urban Affairs, Corporate Affairs, as well as Uttar Pradesh…

IndustryLatest Stories

Maharashtra to Challenge Bombay HC Ruling on Mira-Bhayander Land

MUMBAI: The Maharashtra government intends to challenge the Bombay High Court’s directive to transfer approximately 254.88 acres of land in Mira-Bhayander, Thane district, to two developers, as stated by Revenue Minister Chandrashekhar Bawankule on Saturday. The High Court ruled in favor of The Estate Investment and Mira Real Estate Developers regarding land valued at crores of rupees, according to an official statement. Bawankule affirmed, “The land is owned by the state. We will robustly present our case in the Supreme Court to ensure it remains in government hands,” announcing plans to file a Special Leave Petition against the April 30…

Latest StoriesRegulatory

CBI Files Fifth Chargesheet in Builder-Banker Nexus Case

NEW DELHI: The Central Bureau of Investigation (CBI) has submitted a fifth chargesheet in connection with the builder-banker nexus involving CHD Developers Ltd and its directors for alleged fraudulent activities linked to a project in Gurugram, as reported by officials on Thursday. The CBI, assigned these cases by the Supreme Court, detailed in its report to the court that the company used misleading representations and deceptive promises to attract “innocent homebuyers and investors,” ultimately resulting in considerable financial gains while inflicting wrongful losses. “The charge sheet has been filed before the appropriate court under the relevant sections of the Indian…