UP granted a second two-year zero-period waiver to 15 developers for 2013-2015, reducing Noida Authority’s dues by INR 182 crore. Builders benefit from waived interest and penalties, potentially expediting stalled projects. Major developers saw significant reductions, while prior NGT-related waivers were adjusted. Some firms received no further relief.

Three new cases were filed against Ansal API directors and employees in Lucknow's land scam. Complaints include a woman defrauded of INR 6.15 crore, another losing INR 15 lakh, and a third cheated of INR 6.41 lakh. Over 30 FIRs have been lodged, with investigations ongoing.

NDMC collected INR 1,045 crore in property tax for FY 2024-25, an increase of INR 24 crore from last year but below its INR 1,150 crore target. MCD collected INR 2,150 crore, missing its INR 4,000 crore target. NDMC issued 3,200 notices and attached properties to boost collections.

The Bombay High Court ruled that builder Ambit Urbanspace could not use arbitration to evict garage tenants protected under the Maharashtra Rent Control Act. The court rejected claims of "temporary displacement" and criticised the landlords for tolerating alleged illegal usage for decades before attempting eviction through arbitration.

The Nashik Municipal Corporation (NMC) has announced a 2% increase in property tax for new residential and commercial properties, effective from 1 April 2025. Industrial properties established in the new financial year will face a steeper 50% tax hike. Additionally, land development charges for approving layouts have nearly tripled, rising from Rs 105 per sqmt to Rs 335 per sqmt. This marks the first property tax hike in Nashik since 2018. NMC officials clarified that the increase applies only to new properties registered after April 1.

The Municipal Corporation of Gurugram (MCG) collected INR 240 crore in property tax for FY 2024-25, reaching 80% of its INR 300 crore target. Errors in property IDs and the absence of a rebate scheme contributed to the shortfall. MCG retained its INR 300 crore target for FY 2025-26.

Chandigarh Municipal Corporation collected INR 58.6 crore in property tax for FY 2024-25, INR 3 crore more than the previous year. INR 42 crore came from commercial properties. The total may increase as e-Sampark payments are yet to be calculated. New residential properties were added following a physical survey.

Ludhiana Municipal Corporation surpassed its INR 140 crore property tax target, collecting INR 152 crore for FY 2024-25. A penalty applies to defaulters from April 1. Water supply dues recovery reached INR 40 crore (91% of the target). The civic body also collected INR 11.77 crore in advertisement tax and INR 34.54 crore in excise duty.

Merino Shelters, a MAN Industries subsidiary, has partnered with Paradise Group to develop a 6-acre land parcel in Nerul, Navi Mumbai. Merino Shelters will receive an upfront payment of INR 70 crore and 30% RERA carpet area worth INR 650-700 crore.

Swiggy has received a tax assessment order demanding over INR 158 crore for April 2021-March 2022, citing alleged violations, including merchant cancellation charges. The company plans to challenge the order.

India-China relations saw renewed warmth as President Murmu and PM Modi exchanged messages with Xi Jinping and Li Qiang on 75 years of diplomatic ties. Foreign Secretary Misri stressed mutual respect and cooperation, citing the resumption of the Kailash Mansarovar Yatra. China pledged trade expansion, urging fair policies for businesses.

Mumbai's BMC collected a record INR 6,198 crore in property tax for FY 2024-25, nearly meeting its INR 6,200 crore target. The highest contribution came from G South ward (INR 624.50 crore), followed by K East (INR 526.64 crore) and K West (INR 504 crore). Fines totalled INR 178.39 crore.

Toll charges on Mumbai’s Bandra-Worli Sea Link will increase from April, with car tolls rising to INR 100 (from INR 85) and two-axle trucks to INR 210 (from INR 175). Monthly passes will cost 50 times the one-way toll. The revision, effective until March 31, 2027, follows a three-year freeze.

The Ghaziabad Municipal Corporation plans action against 94,920 property tax defaulters, with INR 40-45 crore yet to be recovered for FY 2024-25. Defaulters face a 12% interest penalty and possible property sealing. Meanwhile, the civic body has approved its highest-ever budget of INR 3,722 crore for infrastructure development.

India’s gross GST collection in March 2025 rose 9.9% year-on-year to INR 1.96 lakh crore, the second-highest ever. Domestic transaction revenue reached INR 1.49 lakh crore, while imports contributed INR 46,919 crore. Net GST revenue stood at INR 1.76 lakh crore post-refunds. Annual GST collection for FY 2024-25 totalled INR 22.08 lakh crore, reflecting a 9.4% rise.

Gauri Khan sold her 2,000 sq ft apartment in Kohinoor Altissimo, Dadar West, Mumbai, for INR 11.61 crore, marking a 37% appreciation. The apartment was purchased for INR 8.5 crore in August 2022.

Residents of Ridge Road, Malabar Hill, protested against strict ‘no parking’ enforcement, citing decades-long parking practices. Traffic police justified restrictions, citing congestion and VVIP movement. Officials noted increased vehicle numbers and suggested mechanical stack parking as a solution for residents' space constraints.

The latest USTR report highlights India's high tariffs and regulatory barriers across key sectors, including agriculture, pharmaceuticals, medical devices, and digital services. With an average applied MFN tariff of 17%—rising to 39% on agricultural products—the US asserts that India's trade policies remain among the most restrictive globally. The report also flags non-tariff measures like import bans, licensing requirements, and domestic testing mandates. While India has committed to removing the 6% equalisation levy on digital services, challenges persist in banking, insurance, e-commerce, and government procurement.

The Supreme Court has upheld Piramal Capital & Housing Finance’s resolution plan for Dewan Housing Finance Corporation Ltd (DHFL), overturning an earlier ruling by the National Company Law Appellate Tribunal (NCLAT). The apex court dismissed various appeals, including those from former promoter Kapil Wadhawan and fixed deposit holders, affirming that recoveries from avoidance transactions will be distributed between Piramal and the committee of creditors.

CIDCO has increased property transfer fees in Navi Mumbai by 5-10%, with flats in registered housing societies and commercial shops facing a 50% hike. The revised rates, effective 1 April, impact key areas like Vashi, Kharghar, and Panvel. CIDCO stated the increase aligns with market trends and infrastructure growth.

The Bombay High Court ruled that there are no restrictions on 24×7 convenience stores in Maharashtra, allowing a Pune store to operate round the clock. The court stated that such businesses enhance convenience, employment, and economic growth. It noted that police actions forcing closure by 10-11 pm were based on a misunderstanding, as no law imposes such restrictions.

Infra.Market’s venture debt investors, including Innoven Capital, Strides Ventures, and Trifecta Capital, are looking to sell a portion of their stake in a USD 30 million secondary transaction ahead of the company’s planned IPO. Kotak Mahindra Capital is managing the process, targeting ultra-high-net-worth individuals. The company, valued at USD 2.7 billion, plans to expand beyond construction materials into lifestyle products.

India's highway construction is projected to slow to approximately 7,000 km in FY25, marking a seven-year low. The Ministry of Road Transport and Highways (MoRTH) has set a target of 10,000–10,500 km, but around 3,000 km will be dedicated to strengthening existing roads rather than new highway capacity. This shift prioritises complex projects like high-lane expressways over rapid expansion.

The Oberoi Group will manage Wildflower Hall for three more months under an agreement with the Himachal Pradesh government after the March 31 deadline expired. The Supreme Court in February 2024 upheld the judgment of the High Court and asked the EIH to surrender the possession of the hotel to the government by March 2025. A consultant has been appointed for leasing documents.

Housing societies in Kharghar have urged CIDCO to halt new project approvals due to acute water shortages. The Kharghar Cooperative Housing Societies Federation reported a 30-50% water cut in 125 societies. With 200 high-rises under construction, residents fear further supply reduction. The current shortfall stands at 18 million litres per day.

The state urban development department (UDD) has reduced redevelopment premiums for buildings over 30 years old and under 18m in the airport funnel zone. Basic FSI is set at 1, with TDR options for height-restricted buildings. Extra FSI will cost 60% of the original premium.

Residents of Vasai-Virar continue to face water shortages despite repairs to the Surya Nagar Water Purification Centre’s transformer. Low water pressure persists, forcing reliance on expensive tankers. MMRDA and MSEDCL are working on a long-term solution. The Surya dam supplies 403 million litres per day (MLD) to the Vasai-Virar belt, but issues with the project have impacted supply.

India’s 12 major ports handled 855 mt of cargo in FY25, a 5% rise from 819.3 mt in FY24. Deendayal Port (Kandla, Gujarat) saw a 13.44% increase to 150 mt, while Paradip handled the largest volume at 150.4 mt. Eight major ports saw cargo traffic increase between 1–7%, while Mormugao and Syama Prasad Mookherjee Port (Kolkata Port) saw declines.

NHAI has increased toll charges by 4-5% on national highways and expressways, effective from 1 April. The revision, linked to wholesale price index-based inflation, affects 855 toll plazas, including Delhi-Meerut Expressway and Delhi-Jaipur Highway. Of these, 675 are public-funded, while 180 are concessionaire-operated plazas.

Godrej Properties Ltd. announced that its luxury project, Godrej Riverine, located in Sector 44, Noida, has sold over 275 homes worth INR 2,000 crore since its launch in March 2025. The project spans 6.46 acres and offers luxury residential apartments in various configurations. This marks the third consecutive launch in Noida with INR 2,000 crore+ sales for Godrej Properties.

From April 1, India's new income tax regime introduces a significant change: the tax exemption limit has been increased from INR 7 lakh to INR 12 lakh, benefitting middle-class taxpayers. Revised tax slabs now include reduced rates for those in the INR 12-24 lakh range and an increase in the TDS threshold for rental income to INR 6 lakh. For salaried individuals, a standard deduction of INR 75,000 remains. While the top tax rate stays at 30% for high earners, the changes aim to ease the financial burden for many taxpayers.

Land housing three ashrams, including one owned by convict Asaram Bapu, in Motera is set to be acquired for the Sardar Patel Sports Enclave and Olympic Village, as part of preparations for the 2036 Games. The relocation process is underway, with a master plan involving land from Motera, Bhat, and Sughad areas. The plan includes residential areas and police academy land. The Ahmedabad Collector's office is handling the acquisition, under the oversight of a committee led by the Chief Minister.