28 Mar 2026

The Navi Mumbai Municipal Corporation (NMMC) has intensified enforcement against property tax defaulters, directing officials to initiate attachment and auction proceedings for unpaid dues if not cleared by the end of the current financial year. Notices have been issued to over 3,600 defaulters across residential, non-residential, industrial and vacant land categories. The civic body has also introduced an amnesty scheme offering a 50 per cent waiver on late payment charges for those clearing dues in full within the stipulated deadline. With property tax forming a key revenue source, the administration has accelerated recovery efforts through both enforcement and incentive-based measures.Read more

28 Mar 2026

The National Company Law Appellate Tribunal (NCLAT) has refused to grant an interim stay on the approved INR 14,535 crore resolution plan submitted by Adani Enterprises for debt-laden Jaiprakash Associates Ltd (JAL). The order comes in response to a plea filed by Vedanta Group challenging the National Company Law Tribunal's (NCLT) approval of the bid. While allowing implementation of the resolution plan to proceed, the appellate tribunal has clarified that the outcome will remain subject to the final ruling in the appeal. The tribunal has sought responses from the Committee of Creditors (CoC) and scheduled the next hearing for early next month, keeping the insolvency resolution process active amid ongoing legal contestation.Read more

27 Mar 2026

The Punjab and Haryana High Court has permitted the registration of a First Information Report (FIR) against Emaar India Ltd and its officials in connection with allegations of fraud, cheating, and criminal conspiracy linked to a Gurugram-based real estate project. The court dismissed the developer's petition seeking to quash a lower court order directing the FIR, observing that the complaint disclosed a prima facie case warranting investigation. The dispute arises from claims that the company suppressed prior agreements with third parties while entering into a joint development arrangement with another entity, leading to financial losses. The ruling allows investigative agencies to proceed with a criminal probe into the matter.Read more

Mumbai News Desk

27 Mar 2026

A probe by the Mumbai Metropolitan Region Development Authority (MMRDA) has found the Reliance Infrastructure-Astaldi joint venture responsible for the Metro Line 4 accident in Mulund that caused one death and injured three people. The report identified human error and lack of supervision as the main reasons behind the incident. It clarified that there was no flaw in design or materials. The authority imposed a penalty of INR 5 crore and initiated safety audits across Metro projects, highlighting concerns around execution practices and on-site monitoring.Read more

27 Mar 2026

India can mobilise up to INR 8 lakh crore every year for road infrastructure through a mix of market borrowings and budgetary support, Union Minister Nitin Gadkari said recently. He highlighted that strong highway assets enable raising around INR 5 lakh crore annually, along with INR 3.2 lakh crore from the government. However, he pointed out that the main concern is slow utilisation of funds. He also noted that infrastructure investment has a strong multiplier effect and cited the Dwarka Expressway as an example of how road projects can drive large-scale real estate growth.Read more

27 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has removed 33 structures that were obstructing the Versova Dahisar coastal road project, helping clear a key hurdle in its execution. The move is expected to support faster on-ground progress for the project, which is part of Mumbai's larger coastal road network. The stretch has faced delays due to land constraints, environmental concerns, and regulatory approvals. With physical obstructions now being addressed, the civic body is working to streamline construction and maintain timelines for improving connectivity across the western suburbs.Read more

27 Mar 2026

Andhra Pradesh Energy Minister Gottipati Ravi Kumar, during a review meeting held in Amaravati, urged investors and stakeholders to accelerate renewable energy projects and ensure timely commissioning. The discussion involved representatives of Brookfield-Axis and officials from the New and Renewable Energy Development Corporation of Andhra Pradesh Limited (NREDCAP). The Minister emphasized the need to address on-ground challenges promptly, while reaffirming government support in terms of land, infrastructure, and approvals. He also highlighted the state's Integrated Clean Energy Policy and the development of solar, wind, and pumped storage projects, particularly in the Rayalaseema region.Read more

27 Mar 2026

National highway projects in India are facing cost increases of around 5-8% along with delays due to supply disruptions linked to the ongoing West Asia conflict. Key construction inputs such as bitumen, steel, cement and fuel have become costlier, with some prices rising up to 25%. Logistics challenges, higher freight and insurance costs are also affecting execution timelines. Developers are relying on contract clauses and alternative sourcing to manage the impact, while also seeking relief measures from authorities as the situation adds pressure to already delayed projects.Read more

27 Mar 2026

Indian Railways has revised its contract execution framework to improve construction quality and reduce delays in infrastructure projects. Contractors bidding for projects above INR 10 crore will now be evaluated for execution capacity, while limits have been placed on subcontracting to ensure accountability. Additional safeguards such as mandatory execution plans and extra performance guarantees for unusually low bids have been introduced. The Railways has also rolled out changes in freight handling and passenger services, including new wagon designs and updated ticketing rules, as part of broader efforts to improve efficiency and service delivery.Read more

Mumbai News Desk

27 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has issued a seven-day deadline for handing over a plot reserved for a fire station in Andheri West, highlighting delays in strengthening emergency infrastructure. The civic body has warned that it may begin acquisition proceedings if the land is not transferred within the given timeframe. The planned facility is important for improving fire response in one of Mumbai's most densely populated suburbs. The case reflects ongoing challenges in securing reserved public amenity plots and the need for faster coordination between authorities to implement city infrastructure plans.Read more