10 Jul 2026

Eight children were killed and five others injured after heavy monsoon rains triggered a landslide at a madrassa in a Rohingya refugee camp in Cox's Bazar, southeastern Bangladesh. The incident occurred in the past week after days of continuous rainfall caused mud and debris to engulf the religious school. Rescue teams recovered 13 children from the site, with eight succumbing to their injuries and the remaining five receiving treatment at hospitals within the refugee camps. The tragedy follows separate rain-induced landslides earlier in the week that claimed eight more lives in the camps. Authorities have continued relocating families from high-risk areas as forecasts indicate further rainfall, raising concerns over additional landslides and flash floods.Read more

10 Jul 2026

• Residents across several parts of Vasai-Virar staged road blockades after enduring over 40 hours without electricity, as heavy rainfall disrupted power supply, drinking water and communication services.
• Flooding left thousands stranded, with many localities facing severe waterlogging, disrupted rail and road connectivity, and shortages of essential supplies.
• Protesters demanded immediate restoration of electricity and questioned the preparedness of civic authorities and power utilities to handle recurring monsoon emergencies.
• Officials said restoration work was underway, but persistent flooding and submerged electrical infrastructure slowed repair operations.Read more

10 Jul 2026

The Maharashtra government has said the first phase of the Dharavi Redevelopment Project is expected to deliver around 10,000 homes within the next 18 months, with rehabilitation of eligible residents remaining central to the initiative. Speaking in the State Legislative Assembly in the past week, Chief Minister Devendra Fadnavis described the project as an economic transformation programme extending beyond housing. Covering nearly 95 million sq ft of planned development, the redevelopment seeks to integrate housing, employment and commercial activity while retaining Dharavi's informal economy. The government also outlined wider urban renewal measures, including 19 cluster redevelopment projects across Mumbai, a target of constructing 7.8 lakh homes in the Mumbai Metropolitan Region by 2030, transport upgrades, parking infrastructure, healthcare expansion and digital governance initiatives.Read more

10 Jul 2026

The Enforcement Directorate (ED) has carried out searches at multiple locations across Delhi-NCR as part of a money laundering investigation linked to alleged fraud involving homebuyers under subvention schemes. The action, conducted in the past week, covered at least five premises associated with CHD Developers Ltd., Ninex Developers Ltd. and Manju J Homes (India) Ltd. The investigation stems from three FIRs registered by the Central Bureau of Investigation (CBI) in 2025 on the directions of the Supreme Court. Investigators have alleged that developers collected housing loan funds from buyers under 'no EMI till possession' schemes but failed to hand over flats over several years, while diverting the funds to other projects and purposes in violation of the Prevention of Money Laundering Act (PMLA).Read more

10 Jul 2026

Economists at the country's largest lender, SBI, have recommended a comprehensive review of India's Priority Sector Lending (PSL) framework, arguing that infrastructure loans should be brought under the mandatory lending requirements or excluded from PSL calculations. The recommendations, outlined in a paper released in the past week, cite a sharp rise in trading of Priority Sector Lending Certificates (PSLCs), which reached INR 12.2 lakh crore in FY25 from INR 1.8 lakh crore in FY18, indicating structural challenges in meeting PSL obligations. The paper also proposes higher PSL limits for housing, education and renewable energy loans to reflect rising costs and investment requirements. The suggestions are aimed at improving credit allocation while supporting the country's long-term infrastructure and development priorities.Read more

10 Jul 2026

• Tamil Nadu will make its 'Anywhere Registration' facility mandatory for the first sale of plots and flats by builders and developers from August 17, eliminating the need to visit sub-registrar offices.
• The digital system will allow end-to-end online registration, including document upload, Aadhaar-based biometric verification, fee payment and issuance of registered documents.
• The initiative aims to reduce footfall at registration offices, speed up property transactions and improve transparency in the registration process.
• Authorities expect the platform to streamline registrations while improving service delivery and balancing workloads across sub-registrar offices.Read more

10 Jul 2026

The Central Bureau of Investigation (CBI) has filed its first chargesheet in the alleged Reliance Commercial Finance Limited (RCFL) bank fraud case, accusing five former senior executives of criminal conspiracy and cheating in connection with the diversion of borrowed funds. The chargesheet, submitted before a special court in Mumbai in the past week, also names Reliance Infrastructure Ltd and Reliance Home Finance Limited (RHFL) as accused entities. According to the CBI, the alleged diversion of funds caused a wrongful loss of INR 4,097 crore to a consortium of 13 public sector banks. The agency stated that the investigation remains ongoing into the roles of additional directors, entities and public servants, with supplementary chargesheets expected as the probe into the wider financial transactions continues.Read more

10 Jul 2026

The Pune Metropolitan Region Development Authority (PMRDA) will prepare a structural development plan to guide the Pune Metropolitan Region's growth over the next two decades, with a focus on infrastructure, transport and decentralised economic development. Speaking at the PROP CONNECT 2026 real estate conference in the past week, PMRDA Commissioner Dr Abhijit Chaudhari said the draft plan would be prepared shortly and finalised within 18 months. The proposed roadmap includes the development of 18 Growth Centres under initiatives of NITI Aayog and the Maharashtra government, alongside major transport projects such as Metro Line 3, the regional ring road and the proposed international airport. PMRDA said the strategy will initially prioritise infrastructure planning before land-use zoning, while supporting balanced urban expansion, employment generation and improved regional connectivity.Read more

10 Jul 2026

The Punjab and Haryana High Court has directed Oberoi Realty not to make any fresh allotments or create third-party rights in its Three Sixty North residential project in Gurugram until the Haryana Department of Town and Country Planning (DTCP) decides a complaint challenging the project's licence. The complaint, filed by Advance India Projects Ltd (AIPL), alleges violations of foreign direct investment (FDI) norms and provisions of the Haryana Development and Regulation of Urban Areas Act, 1975. The court has instructed the DTCP director to dispose of the complaint, currently listed for hearing on July 20, within the prescribed timeframe. Oberoi Realty has clarified that the order does not affect existing sales or construction activity and believes it will not materially impact its business operationsRead more

10 Jul 2026

• The long-running dispute between the Telangana government and the State Bank of India (SBI) over premium land in Hyderabad's Raidurg area has moved towards resolution through an agreement on alternate land allotment.
• Instead of the originally auctioned parcel, SBI will receive alternative plots identified by the state government, paving the way for the withdrawal of legal proceedings.
• The settlement is expected to remove uncertainty surrounding the high-value property, restore investor confidence and facilitate future development in one of Hyderabad's key commercial districts.
• Officials believe the agreement marks a pragmatic solution after years of litigation over ownership and auction rights.Read more