1 hour ago

The Navi Mumbai Municipal Corporation has identified 504 dangerous buildings across its jurisdiction for 2026-27 following a department-wise structural survey conducted under Section 264 of the Maharashtra Municipal Corporation Act. Of these, 52 buildings have been classified under the highly dangerous C-1 category requiring immediate evacuation and demolition. The civic body has warned residents against continuing residential or commercial use of unsafe structures, especially during the monsoon season, citing risks to life and property. The complete list has been made available on the corporation’s official website along with category-wise details and occupancy status.Read more

3 hours ago

Vedanta Ltd’s subsidiary Talwandi Sabo Power Ltd (TSPL) has been directed by the Supreme Court to pay around INR 127 crore plus late payment surcharge to Punjab State Power Corporation Ltd (PSPCL). The decision restores an earlier order by the Punjab State Electricity Regulatory Commission (PSERC) after overturning a ruling by the Appellate Tribunal for Electricity (APTEL). The case concerns a penalty linked to alleged misdeclaration of power availability in January 2017 under the Grid Code. TSPL operates a 1,980 MW coal-based plant in Punjab and supplies full generation to PSPCL.Read more

5 hours ago

eXp Realty India has reported that the number of RERA-registered real estate agents in India crossed 100,000 in 2025, reflecting continued expansion and formalisation within the country’s brokerage sector. Based on an analysis of Ministry of Housing and Urban Affairs (MoHUA) data between 2018 and 2025, the report found that the registered agent base increased from 27,073 in 2018 to 105,712 in 2025, representing growth of 19.1% in the latest period alone. The company stated that the rise in registrations indicates increasing participation in organised brokerage activity following the implementation of the Real Estate (Regulation and Development) Act. The report also highlighted growing adoption of technology-led and platform-based brokerage models as agents seek operational flexibility, digital tools and wider market access across India’s expanding real estate sector.Read more

7 hours ago

The Karnataka Lokayukta has uncovered alleged financial irregularities worth over INR 23 crore in Pradhan Mantri Awas Yojana (PMAY-Urban) housing projects in Belagavi district. The investigation relates to PMAY houses developed in Ramdurg town, where officials and contractors allegedly cleared fake bills and inspection records despite several homes remaining incomplete. Authorities found that around INR 29.45 crore was released for the project between 2019 and 2024, while construction material worth only about INR 6.1 crore reportedly reached beneficiaries. Multiple raids were conducted across Karnataka and documents linked to project approvals, inspections and billing were seized for further investigation.Read more

13 hours ago

Telangana Real Estate Regulatory Authority Chairman N Satyanarayana has resigned from his post citing health complications arising from prolonged hearings and administrative responsibilities, according to reports published on Wednesday. The Telangana government has accepted the resignation through an official memo issued by the Metropolitan Area and Urban Development Department. During his three-year tenure, the authority registered more than 10,800 projects and over 5,100 real estate agents while implementing reforms related to grievance redressal, digital governance and project approvals. Satyanarayana also oversaw measures concerning stalled project revival, misleading real estate advertisements and institutional strengthening within the state regulator. The resignation comes at a time when Telangana’s residential and commercial real estate markets continue to witness increased development activity and regulatory oversight.Read more

22 May 2026

• Kerala’s new UDF government has decided to scrap the proposed SilverLine semi high-speed rail corridor project.
• The state cabinet has also decided to revoke land acquisition notifications and recommend withdrawal of cases filed against anti-project protesters.
• The project had faced prolonged opposition over land acquisition, environmental concerns and financial viability across multiple districts in Kerala.
• The proposed corridor was intended to improve north-south rail connectivity across the state through a dedicated semi high-speed network.Read more

22 May 2026

• The Centre opposed new hydropower projects in the upper Ganga basin beyond seven ongoing projects in Uttarakhand.
• The government cited ecological and geological concerns in the Alaknanda and Bhagirathi river basins.
• Projects including Tehri Stage-II and Tapovan Vishnugad will continue with statutory clearances.
• The submissions were made in ongoing Supreme Court proceedings after the 2013 Kedarnath disaster.Read more

22 May 2026

• The Supreme Court has granted interim relief to Bharat Hotels in its dispute with NDMC over The Lalit New Delhi property.
• The apex court directed both parties to maintain status quo, stopping immediate action against the hotel property.
• The dispute relates to termination of the land licence agreement and recovery of over INR 1,063 crore in alleged dues.
• The Delhi High Court had recently upheld NDMC’s decision to end the licence agreement with Bharat Hotels.
• The case is being closely watched by the hospitality and real estate sectors due to its possible impact on long-term government land lease agreements.Read more

22 May 2026

The Insolvency and Bankruptcy Board of India has issued fresh guidelines for the empanelment of insolvency professionals to speed up appointments in corporate insolvency and bankruptcy proceedings under the Insolvency and Bankruptcy Code. The revised framework introduces stricter eligibility disclosures, mandatory consent provisions and penalties for refusal of assignments after empanelment. Insolvency professionals seeking inclusion in the panel must submit expressions of interest by June 19, 2026, while the final list is scheduled to be shared with adjudicating authorities by June 30. The regulator has also directed applicants to disclose sectoral experience to facilitate specialised handling of insolvency cases. The move is aimed at reducing delays in the appointment of interim resolution professionals, liquidators, resolution professionals and bankruptcy trustees across insolvency proceedings.Read more

Delhi News Desk

22 May 2026

• The Municipal Corporation of Delhi has extended the deadline for flattening the Okhla landfill for the fifth time.
• The revised timeline now pushes the expected completion to October 2026.
• The delay is mainly due to slow biomining progress and limited processing capacity of legacy waste.
• Operational challenges and seasonal disruptions, including monsoon impact, have also affected the pace of work.
• The landfill remains part of Delhi’s ongoing waste remediation programme across major landfill sites.Read more