25 May 2026

The Enforcement Directorate has approached police authorities in multiple states to ensure protection for homebuyers and witnesses linked to the Ocean Seven Buildtech Pvt Ltd case involving promoter Swaraj Singh Yadav. The action follows complaints of threats, intimidation, and coercion reported during a recent bail hearing in a money laundering investigation tied to alleged misuse of funds in affordable housing projects. Victims told the court that they were being pressured to withdraw statements, while some also faced alleged false FIRs. The court directed immediate protection measures, prompting coordinated action by the ED with law enforcement agencies.Read more

25 May 2026

• The Enforcement Directorate (ED) has sought police protection for homebuyers and witnesses linked to the money laundering probe against Gurugram-based Ocean Seven Buildtech Pvt Ltd and promoter Swaraj Singh Yadav.
• Several buyers told a Delhi court that they were facing threats, intimidation and pressure for cooperating with the investigation.
• The ED has written to police authorities in Delhi, Haryana and Rajasthan after the court directed interim protection for complainants and witnesses.
• The case is linked to alleged irregularities in affordable housing projects, including arbitrary cancellations, re-allotments and diversion of homebuyer funds.
• Haryana’s DTCP has also been informed about alleged financial misappropriation and fund diversion by the company.Read more

25 May 2026

The National Company Law Tribunal (NCLT), Mumbai Bench, has admitted a corporate insolvency resolution process (CIRP) petition filed by Indiacrete Ready Mix Pvt. Ltd. against Theme Developers Pvt. Ltd. under the Insolvency and Bankruptcy Code (IBC). In its order, the tribunal approved commencement of CIRP against the developer and appointed an Interim Resolution Professional (IRP) to oversee the insolvency proceedings. The tribunal also imposed a moratorium on legal proceedings and directed public announcement of the insolvency process in accordance with IBC provisions. According to the order, the operational creditor was instructed to deposit INR 3 lakh towards initial CIRP-related expenses, including issuance of public notices and claim invitation procedures.Read more

24 May 2026

Property transactions in Belagavi have been significantly impacted following the implementation of mandatory e-khata requirements and changes to Karnataka’s Kaveri 2.0 registration platform, leading to delays in registrations, khata transfers and sale deed processing due to technical and procedural issues. BJP MLA Jagadish Shettar has sought urgent state government intervention, highlighting the difficulties faced by property owners, developers and document writers amid the ongoing transition to digital property record systems.Read more

24 May 2026

• DoLR and ADB held discussions on strengthening land governance, digital land records and watershed management in India.
• Talks focused on technical assistance, policy support and knowledge sharing to improve land administration systems.
• Government highlighted progress under Digital India Land Records Modernisation Programme (DILRMP), with near-complete digitisation of Records of Rights in several states and Union Territories.
• Around 66% of agricultural land parcels have been assigned Unique Land Parcel Identification Numbers (ULPINs), also known as “Bhu-Aadhaar”.
• Both sides discussed future cooperation in climate resilience, geospatial systems and data-driven land management.Read more

24 May 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) recently conducted a workshop focused on developing Amaravati as an accessible and inclusive capital city. The session brought together more than 80 architects, planners, engineers, consultants, accessibility experts and government officials to discuss universal design, inclusive infrastructure and barrier-free urban planning. Experts from institutions including LV Prasad Eye Institute, Surbana Jurong, DP Architects Singapore and Ekansh Trust shared global practices and practical solutions for accessible public spaces. The workshop also included an access audit exercise and discussions on creating equitable urban systems for people of all ages and abilities.Read more

24 May 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a Grama Sabha in Krishnayapalem as part of the ongoing land acquisition and infrastructure development process for Amaravati. Officials informed villagers that land acquisition notices were issued after multiple discussions with farmers who had not joined the Land Pooling Scheme (LPS), while also clarifying that eligible landowners still have time to opt for the scheme. The meeting also focused on village infrastructure issues, including drinking water supply and dust pollution caused by construction vehicles. APCRDA said special engineering teams would be formed to improve civic and LPS infrastructure across Capital Region villages.Read more

23 May 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) held a Gram Sabha in Venkatapalem to discuss land acquisition and development activities linked to the Amaravati capital project. APCRDA Commissioner V. Vijayaramaraju said unresolved issues in capital villages would be taken up on priority and assured villagers that regular meetings would continue. Officials clarified that farmers whose lands fall under acquisition notifications can still opt for the Land Pooling Scheme (LPS) within the prescribed timeline. The authority also announced plans for village-wise infrastructure teams, night patrolling, road connectivity improvements and quality monitoring of construction works with support from IIT Madras experts.Read more

23 May 2026

• Ladakh administration has granted industry status to registered hotels and guest houses, effective from June 1, 2026.
• Hospitality units will now get industrial electricity and water tariffs instead of higher commercial rates.
• The decision will benefit over 1,250 hotels and guest houses across Leh and Kargil.
• Hotels and guest houses will also become eligible for subsidies, concessional loans and property tax exemptions.
• The move is expected to support tourism infrastructure, improve business viability and encourage investment in Ladakh’s hospitality sector.Read more

23 May 2026

Uttar Pradesh Real Estate Regulatory Authority has directed banks and developers to ensure that homebuyers’ funds deposited in mandatory RERA escrow accounts are not used for assured return or guaranteed income schemes. The regulator said several developers were diverting project funds towards financial commitments unrelated to construction, affecting execution timelines and buyer interests. UP RERA stated that escrow funds can only be utilised for construction and land costs under the Real Estate (Regulation and Development) Act, and asked banks to strengthen monitoring and compliance with revised fund utilisation norms.Read more