10 Sep 2025

The Enforcement Directorate (ED) announced the attachment of fresh assets valued at about INR 186 crore under the Prevention of Money Laundering Act (PMLA) in connection with the Dewan Housing Finance Corporation Ltd (DHFL) bank loan fraud case. The properties attached include 154 residential flats and receivables linked to 20 flats in Mumbai. This follows earlier attachments in the same case, taking the total value of seized assets to INR 256.23 crore.Read more

10 Sep 2025

Chandigarh has completed the drone survey phase of the NAKSHA pilot programme, covering five villages and 15 city sectors. The next phase of field verification is set to start soon, involving 20 survey teams. The programme, part of the central government's Digital India Land Records Modernisation initiative, aims to digitize land records, reduce disputes, improve urban planning, and make property transactions more transparent and efficient. This initiative also introduces Urban Property (UrPro) cards for properties in the Lal Dora areas.Read more

10 Sep 2025

Embassy Real Estate Infrastructure Trust (REIT) has strongly refuted allegations by Sterling Wilson over alleged unpaid dues, describing them as frivolous and part of a long-standing pattern of litigation. The REIT stated that claims made since 2018, including the alleged INR 100 crore non-payment by Embassy Energy, had already been dismissed by tribunals due to lack of contractual ties. Sterling Wilson has also approached SEBI earlier this year with similar complaints.Read more

10 Sep 2025

The Yamuna Expressway Industrial Development Authority (YEIDA) has revised its building bylaws to align with the Airports Authority of India's (AAI) height regulations for areas surrounding the Noida International Airport in Jewar. Under the updated rules, all constructions within a 20 km radius must comply with the guidelines of AAI's Colour-Coded Zoning Map (CCZM). Any building exceeding 15 meters will now require a No Objection Certificate (NOC) from AAI. The move aims to prevent obstacles near flight paths and ensure safe aircraft operations in the rapidly developing region.Read more

09 Sep 2025

The Arunachal Pradesh Cabinet has approved a Bill to create a legal framework for town planning schemes, aiming to guide structured urban growth across the state. This step comes amid growing urbanisation in 47 notified urban centres that need organised development. The Cabinet also sanctioned the establishment of four new fire stations and 68 posts to improve emergency response services. Additionally, the Arunachal Pradesh Municipal Property Tax Management Rule, 2025, was approved to enhance fiscal autonomy and property tax collection in municipal areas, supporting financially self-reliant urban local bodies.Read more

09 Sep 2025

The Orissa High Court has ruled that a co-owner of a property can sell their undivided share without requiring consent from other co-owners. The order came after a sub-registrar in Bhubaneswar declined to register such a deed. Justice Ananda Chandra Behera, in his judgment delivered on August 25, clarified that Section 44 of the Transfer of Property Act, 1882, gives each co-sharer the right to transfer their share independently. The court also directed that registration officials must provide written reasons for any refusal, highlighting the need for accountability in land registration practices.Read more

09 Sep 2025

The West Bengal Cabinet has approved a policy that will allow under-utilised non-residential plots under the Urban Development and Municipal Affairs Department to be converted for housing or real estate use. The Chief Minister Smt Mamta Banerjee chaired the meeting. The cabinet explained that much of this land was allotted years ago for employee housing but is now left unused. A conversion will require a government-set fee, with detailed implementation guidelines to follow soon. The move follows earlier changes in land policies, including leasehold-to-freehold conversions and a review of land ceiling rules.Read more

08 Sep 2025

The Supreme Court's Central Empowered Committee (CEC) has recommended a careful and measured approach to demolitions in Faridabad's Aravalli region. While stressing the need to remove illegal constructions, the CEC emphasizes distinguishing unauthorized luxury developments from genuine village homes. The committee has suggested close coordination between district authorities and local representatives and recommends demarcating village peripheries with the Ministry of Environment, Forest and Climate Change to avoid permanent loss of forest land. Past reports indicate thousands of homes already occupy protected forest areas.Read more

08 Sep 2025

The Competition Commission of India (CCI) has dismissed a complaint against Emaar India Ltd., which alleged abuse of dominance in its Marbella villa project in Gurugram. The complaint focused on Emaar permitting construction of builder floors and non-villa residential units on 97 vacant plots within zones originally marketed as an exclusive "Signature Villa Community." CCI noted that Emaar was not dominant in the market due to multiple other developers operating in the Gurugram villa segment. No contravention of Sections 3 or 4 of the Competition Act was found, and the case has been closed without further investigation.Read more

08 Sep 2025

MahaRERA has resolved more than 5,200 homebuyer complaints between October 2024 and July 2025, ensuring quicker hearings and timely scheduling for pending cases. All complaints filed until the end of July have either been heard or assigned hearing dates. Projects launched before the regulator's formation continue to generate most grievances, while newer projects account for fewer cases. Since its inception, MahaRERA has addressed a majority of the complaints filed. The authority has also tightened project registration checks and introduced hybrid hearings to improve access, aiming to safeguard buyer interests and reduce future disputes.Read more