Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
18 Mar 2026
The Gurugram district administration has convened a meeting with developers and resident welfare associations (RWAs) of several housing societies to review complaints related to structural safety and delays in implementing repair measures suggested in structural audit reports. Authorities have asked developers and RWAs to present action-taken reports and updates on pending repair work. The review follows multiple complaints from residents regarding cracks, water leakage and other building defects in residential societies. The administration is expected to assess compliance with safety recommendations and determine timelines for completing necessary structural repairs across affected housing projects.Read more
18 Mar 2026
The North Goa District Consumer Disputes Redressal Commission has instructed a developer to repair persistent water leakage in a flat and compensate the owner for damages caused. The resident's complaint detailed recurring seepage, false ceiling collapse, and ineffective prior repairs, which the builder had attempted but failed to permanently resolve. The forum directed the developer to complete the repairs within three months and awarded INR 25,000 to the resident for inconvenience and property damage. The case reinforces that builders are legally responsible for structural defects affecting livability.Read more
18 Mar 2026
The Enforcement Directorate has filed a prosecution complaint in a Transferable Development Rights (TDR) fraud case in Bengaluru, naming a director of Valmark Realty Holdings Pvt Ltd and 19 others, including former Bruhat Bengaluru Mahanagara Palike (BBMP) officials and brokers. The case originates from a 2019 Anti-Corruption Bureau FIR and involves the alleged fraudulent procurement and sale of Development Rights Certificates. Investigators stated that land records were manipulated and land already sold to third parties was falsely shown as eligible for TDR benefits. The alleged scheme generated illegal proceeds of about INR 27.68 crore.Read more
18 Mar 2026
Chandigarh Police's Economic Offences Wing arrested realtor Vikram Wadhwa in connection with the alleged diversion of around INR 116.84 crore from Chandigarh Smart City funds. Authorities said Wadhwa colluded with former IDFC First Bank manager Ribhav Rishi, routing government deposits through shell companies into real estate projects in Chandigarh, Mohali, Kharar, and surrounding areas. Investigations revealed missing fixed deposit receipts and unverified transactions worth INR 8.22 crore. Wadhwa and three other accused were brought from jail for questioning, while Wadhwa's legal team challenged the arrest procedure and sought custody clarifications.Read more
18 Mar 2026
Residents of La Residentia Society in Greater Noida West renewed their protests earlier this week, highlighting unresolved maintenance problems, including irregular water supply, frequent power outages, and malfunctioning lifts. Around 2,200 of the society's 3,256 flats are occupied, and families, including children and the elderly, gathered outside the builder's sales office seeking urgent intervention. Demonstrators also stressed poor upkeep of common areas and security lapses. They plan a peaceful sit in and a 10-day agitation camp during the upcoming Navratras to press for immediate attention and a responsive maintenance system.Read more
Private equity has played a significant role in shaping Indi...
In today’s real estate landscape, fitness is often treated...
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
17 Mar 2026
The Telangana High Court recently suggested that the state government consider creating specialised tribunals to deal with disputes related to building permissions, illegal constructions, and municipal enforcement actions. The observation came during a hearing related to a building approval dispute in Kothapet in Medchal Malkajgiri district. The court noted that a rising number of such matters are directly reaching the High Court, adding to the case burden. A dedicated tribunal with judicial and technical members could help resolve these issues faster while allowing constitutional courts to focus on more complex legal matters.Read more
17 Mar 2026
Sebi is taking multiple steps to strengthen India's investment advisory ecosystem, focusing on compliance, transparency, and guidance. Measures include a standardised light-touch penalty structure, a digital regulatory platform called SEBI SETU, and a common advertisement code for intermediaries. A working group is reviewing overlaps between Mutual Fund Distributors and investment advisers, while NISM is preparing a simplified certification module for non-core advisory staff. Despite a growing investor base, the number of registered investment advisers has declined since 2021, raising concerns about reliance on unregulated voices and influencer-driven guidance.Read more
17 Mar 2026
The Supreme Court has given the Noida Authority a final opportunity to comply with its earlier directions related to the long-stalled Sports City project in Sector 150, Noida. The court stressed that the authority must implement the framework already laid down to revive the development. The project, which was planned as an integrated township with sports infrastructure and residential units, had been halted after regulatory action over policy violations. The delays have affected thousands of homebuyers. The latest order indicates that the court expects authorities to move forward with approvals and ensure that the revival process is implemented.Read more
17 Mar 2026
The State Government is enhancing emergency services in Amaravati by constructing fire stations at key locations. A new station will be established on a 50-cent site at Nelapadu within the Amaravati Government Complex, home to major administrative offices. Director General of Fire Services P. V. Ramana laid the foundation stone, with construction managed by the AP Police Housing Corporation at a cost of INR 1.28 crore. The project is set for completion by November 2026, reflecting the government's commitment to strengthening fire safety infrastructure.Read more
17 Mar 2026
The Maharashtra Real Estate Regulatory Authority resolved 6,945 complaints from homebuyers during the past year, even though 5,073 new grievances were filed during the same period. This resulted in a record complaint disposal rate of 137%, indicating faster resolution of both new and older cases. Over the past two years, the authority has significantly improved its disposal performance compared to its earlier years, when resolution rates ranged between 50% and 70%. MahaRERA has also begun prioritising older complaints and speeding up hearings, while strengthening scrutiny during project registrations to reduce disputes and ensure timely delivery of housing projects.Read more