09 Apr 2026

The Enforcement Directorate (ED) has attached immovable assets worth around INR 944 crore in a housing fraud case linked to Piyush Colonisers Limited and its former promoters. The case involves alleged diversion of funds collected from over 1,500 homebuyers across projects in Haryana and Rajasthan. Investigations found that funds meant for construction were routed through group entities and used to acquire land. The action has been taken under the Prevention of Money Laundering Act, with further investigation ongoing into financial transactions and asset transfers.Read more

09 Apr 2026

The Delhi Development Authority has paused the conversion of leasehold properties into freehold as part of an ongoing policy review. The move has affected new applications, while older cases are still being processed under existing rules. The review, led by the Ministry of Housing and Urban Affairs, aims to revise conversion charges and simplify procedures. The halt has also slowed hearings and support camps, creating delays for property owners and impacting transactions where freehold status is required.Read more

09 Apr 2026

The Comptroller and Auditor General of India has highlighted that excess expenditure of over INR 1.24 lakh crore incurred by the Jammu and Kashmir government over four decades remains unapproved by the legislature. The report pointed to delays in scrutiny by the Public Accounts Committee and warned that such prolonged irregularities weaken financial discipline. The government has termed the issue a legacy matter and indicated that it will be addressed through legislative approval. The findings underline persistent gaps in budgetary control and oversight mechanisms in the Union Territory's financial management.Read more

09 Apr 2026

Prayagraj Municipal Corporation has clarified that property tax rebates will be available only for self-occupied residential properties, excluding rented or income-generating units. Owners living in houses older than 20 years can get a 40% rebate, while those in newer homes can avail 32.5%. The benefit will be granted only after physical verification by municipal teams. The move follows earlier decisions to provide relief for ageing properties but now focuses on ensuring the benefit reaches genuine occupants and prevents misuse by landlords or investors.Read more

Noida News Desk

09 Apr 2026

Residents of Greater Noida West have intensified protests after the Centre rejected the detailed project report (DPR) for the proposed metro extension. The move has added to delays in a region already struggling with traffic congestion and limited public transport. Citizen groups have raised concerns over daily commuting challenges and warned of larger protests if progress is not made. The project, which has seen multiple revisions over the years, now requires a fresh DPR, further impacting timelines and creating uncertainty for both residents and the local housing market.Read more

Mumbai News Desk

08 Apr 2026

Kurla and Ghatkopar remain among Mumbai's most affected areas when it comes to illegal hawking, leading to congestion and safety concerns. Repeated action by the Brihanmumbai Municipal Corporation has failed to provide long-term relief, as hawkers often return soon after eviction drives. Busy locations near railway stations and major roads are the most impacted. The issue continues despite court directions and planned regulations, pointing to gaps in enforcement, lack of proper hawking zones, and challenges in managing the large number of unlicensed vendors operating in the city.Read more

08 Apr 2026

Parliament has passed the Andhra Pradesh Reorganisation (Amendment) Bill, formally recognising Amaravati as the sole capital of Andhra Pradesh and providing long-awaited legal clarity on the state's administrative centre. The legislation, approved by both Houses in the past week, overturns earlier proposals for a three-capital framework and establishes Amaravati as the permanent seat of governance. The decision follows years of policy uncertainty after the state's bifurcation and the expiry of Hyderabad's status as a joint capital. The move is expected to support ongoing infrastructure development, where projects worth tens of thousands of crores are underway, and reinforce investor confidence in the capital region.Read more

08 Apr 2026

Green Gas Limited clarified that only INR 6,000 is payable for piped natural gas connections after residents of Sushant Golf City in Lucknow raised concerns over additional charges collected by the developer. Over 400 households had paid extra amounts, with some charges going up to INR 8,999. The district administration reviewed the matter and directed that no extra fees could be levied. The company stated that its agreement with the developer was limited to infrastructure support and did not allow recovery of additional costs from residents.Read more

08 Apr 2026

The Punjab government has extended the One Time Settlement (OTS) scheme deadline to May 31, 2026, giving taxpayers more time to clear pending dues. The scheme has received over 9,100 applications so far, generating INR 134.21 crore, while waivers of INR 446.17 crore have been granted. The move aims to improve participation and resolve legacy tax disputes. Around 8,000 defaulter properties have also been identified for possible auction if dues are not cleared within the extended timeline, indicating stricter enforcement after the deadline.Read more

08 Apr 2026

The Supreme Court has allowed the Kozhikode-Wayanad tunnel project in Kerala to move ahead by refusing to interfere with its environmental clearance. The court upheld the earlier Kerala High Court decision and noted the project's importance for regional connectivity and public benefit. While environmental concerns were raised due to the project's location in the Western Ghats, the court observed that expert assessments and safeguards are in place. It also permitted the petitioners to approach the National Green Tribunal if any violations occur during execution, ensuring continued oversight.Read more