Lucknow News Desk

21 Apr 2026

The Lucknow Development Authority (LDA) has approved 15 major development proposals, including a new township in Amausi, with a combined investment of nearly INR 2,500 crore. The clearances cover residential, commercial and institutional projects across the city and are expected to add fresh housing supply and urban infrastructure. The proposed Amausi township will be developed over a large land parcel near the airport corridor, reflecting the authority's focus on planned urban expansion in southern Lucknow. The approvals form part of a broader push to accelerate project clearances and unlock stalled investments in the city's real estate market.Read more

21 Apr 2026

The Karnataka Real Estate Regulatory Authority (K-RERA) has directed the Bangalore Development Authority (BDA) to pay approximately INR 56 lakh as interest compensation to a homebuyer for delays in providing basic amenities at the Nadaprabhu Kempegowda Layout in Bengaluru. The order follows a complaint where the allottee had received possession without essential infrastructure such as roads, water and electricity. K-RERA held that BDA qualifies as a promoter under the RERA framework and is liable for deficiencies in service. The ruling reinforces accountability of public authorities in real estate projects and underscores that possession without infrastructure does not meet statutory obligations.Read more

Mumbai News Desk

21 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has utilised around 87% of its capital expenditure budget, spending INR 39,159 crore out of INR 43,162 crore. This marks an increase from the previous year and reflects faster execution of infrastructure projects. Major spending was directed towards sewage treatment upgrades, road concreting, bridges, water supply, and stormwater drainage. While the administration has focused on improving long-term infrastructure, concerns have been raised about gaps in basic civic services and the need for better quality control in project execution.Read more

21 Apr 2026

The Supreme Court has declined to interfere with a Bombay High Court ruling that lifted the stay on fraud classification proceedings against Anil Ambani and Reliance Communications. The case stems from a forensic audit that flagged alleged diversion of funds worth around INR 30,000 crore. While dismissing the appeals, the apex court allowed Ambani to challenge the show-cause notices before the High Court and asked for an expedited hearing. The decision follows earlier withdrawal of interim relief and puts the focus back on detailed examination of the matter at the High Court level.Read more

21 Apr 2026

A Mumbai consumer court has directed Go Airlines (later rebranded as Go First) to refund INR 63,161 with 18 per cent annual interest and pay additional compensation after ruling that misrepresenting a cancelled flight as rescheduled and marking passengers as no-shows constituted unfair trade practice. The case relates to a 2019 Goa-Chandigarh flight booking cancelled hours before departure. The airline had denied a cash refund, offering only a credit shell while citing regulatory exemptions. The commission rejected this defence, noting that the airline had itself communicated the cancellation. It also awarded INR 25,000 as compensation and INR 20,000 towards litigation costs, holding the airline liable for deficiency in service.Read more

21 Apr 2026

The Mumbai bench of the Income Tax Appellate Tribunal has ruled that taxpayers can claim capital gains exemption under Section 54 even if they did not file their original income tax return within the due date. The decision came in a case where the taxpayer declared long-term capital gains and claimed exemption during reassessment proceedings. The tribunal held that such claims should not be denied purely on procedural grounds. It has sent the matter back for fresh verification, reinforcing that eligibility conditions, not filing delays, should guide tax benefit decisions.Read more

21 Apr 2026

The Ministry of Statistics and Programme Implementation has introduced a new infrastructure dashboard covering 11 sectors and 116 indicators to improve performance tracking and policymaking. Based on the PAIMANA framework, the system evaluates not just output but also access, quality, utilisation, affordability and financial efficiency. It brings together data from sectors such as power, roads, railways, telecom, aviation and ports. The dashboard reflects steady progress across key segments and will be updated quarterly, with the next update scheduled for July 16, 2026, to ensure continuous monitoring.Read more

Gurugram News Desk

20 Apr 2026

The Department of Town and Country Planning (DTCP), Haryana, has initiated enforcement action against unauthorised hospitality developments in Gurugram, identifying 13 banquet halls and marriage venues for violating land-use norms. As part of the drive, a hotel structure in Sidhrawali was demolished. The action forms part of a broader crackdown on illegal constructions operating without approvals or in violation of zoning regulations. Authorities have indicated that further inspections and enforcement measures will continue across the district. The move highlights ongoing regulatory scrutiny in Gurugram's peri-urban areas, where unlicensed hospitality and commercial developments have expanded amid rising demand for event and lodging spaces.Read more

20 Apr 2026

The Delhi High Court has reserved its order on SpiceJet and Ajay Singh's plea seeking a review of a directive to deposit INR 144 crore in a dispute with Kalanithi Maran and Kal Airways. The case relates to pending financial obligations from a 2015 ownership transfer. The airline cited financial stress and requested flexibility in payment, while the opposing side argued that dues have already been examined and could exceed INR 400 crore with interest. The court's decision will be important for the airline's financial position.Read more

Lucknow News Desk

20 Apr 2026

The Lucknow Municipal Corporation (LMC) has proposed a revised and simplified structure for property mutation charges, aimed at making ownership transfers more transparent and affordable. The proposal, tabled in the past week, seeks to replace complex valuation-linked fees with a clearer, standardised framework. The move is expected to benefit both residential and commercial property owners by reducing ambiguity and financial burden during property transfers. It builds on earlier reforms where mutation fees were capped and slab-based structures introduced. The revision is part of broader efforts to streamline civic processes, improve compliance and enhance ease of property transactions in the city's real estate market.Read more