31 Mar 2026

The Union government has proposed an amendment to the Real Estate (Regulation and Development) Act, 2016, removing the provision of up to one-year imprisonment for homebuyers who fail to comply with orders of the Real Estate Appellate Tribunal. Introduced through the Jan Vishwas (Amendment of Provisions) Bill, 2026 by Jitin Prasada, the change seeks to replace criminal penalties with financial penalties of up to 10 per cent of the property cost. The proposal aims to rationalise compliance provisions for allottees while retaining enforcement through monetary penalties. The amendment is part of broader efforts to improve ease of doing business and reduce criminal liabilities in regulatory frameworks.Read more

Pune News Desk

31 Mar 2026

The Pune Municipal Corporation (PMC) has limited construction and excavation activities across the city to a 14-hour window, permitting work only between 7 am and 9 pm. The directive follows a rise in complaints from residents regarding noise and air pollution linked to ongoing construction projects. Authorities have stated that violations could attract enforcement action, including stop-work orders. The move is positioned as a response to public health concerns and aims to regulate construction-related disturbances in a city witnessing steady real estate activity. The decision also places additional compliance responsibilities on developers and contractors, particularly as Pune continues to expand into newly merged areas under PMC jurisdiction.Read more

31 Mar 2026

The Maharashtra Legislative Assembly has approved an amendment to the Maharashtra Land Revenue Code, enabling district collectors and divisional commissioners to handle nearly 90% of land-use violation regularisation cases. Introduced by Revenue Minister Chandrashekhar Bawankule, the reform shifts decision-making from the state secretariat to local authorities, reducing administrative delays and procedural bottlenecks. The amendment introduces a statutory framework, including new provisions such as Section 37A, to replace earlier reliance on government resolutions that often led to legal ambiguity and prolonged litigation. Only high-value or complex cases will continue to be processed at the state level. The move is expected to streamline land governance, improve ease of doing business, and provide faster resolution for individuals and businesses dealing with land-use compliance issues.Read more

Ludhiana News Desk

31 Mar 2026

The Ludhiana Improvement Trust (LIT) has received more than 1,500 applications for the allotment of 179 remaining flats under its Atal Apartment Scheme, reflecting renewed interest in the long-pending housing project. The applications include demand across both middle-income and high-income categories, with the draw of lots scheduled for mid-April. The scheme, located at Shaheed Karnail Singh Nagar on Pakhowal Road, is currently under construction and is expected to be completed later this year. Officials attribute the response to visible construction progress and comparatively lower pricing against nearby private developments. The project forms LIT's only active housing scheme and is being closely monitored following earlier delays in execution and delivery timelines.Read more

31 Mar 2026

The Uttar Pradesh Real Estate Regulatory Authority has notified its 10th amendment to the General Regulations, 2019, bringing changes focused on homebuyer protection. The update allows buyers in unregistered projects to file complaints and seek relief, addressing a long-standing gap. It also caps charges on transfer and succession of property, especially easing the process for family members. These measures aim to improve transparency, streamline dispute resolution, and reduce financial burden on buyers. The move builds on earlier regulatory efforts to strengthen accountability in the real estate sector and ensure better consumer safeguards.Read more

31 Mar 2026

The Union government is examining a proposal to merge Rail Vikas Nigam Limited (RVNL) and IRCON International, two Navratna public sector enterprises under the Ministry of Railways, to create a larger infrastructure execution entity. The plan, currently under inter-ministerial review, aims to combine engineering, project management and financial capabilities to improve efficiency and enable the combined entity to undertake larger domestic and international projects. The proposal will require approvals from the Ministry of Finance, Department of Public Enterprises and the Cabinet Committee on Economic Affairs. Both companies currently operate independently across railway construction, electrification and infrastructure segments, and the consolidation is expected to reduce overlap while strengthening execution capacity and project delivery scale.Read more

31 Mar 2026

The Supreme Court has dismissed a review petition by the National Highways Authority of India (NHAI), confirming that landowners whose land was acquired for highway projects between 1997 and 2008 are entitled to extra compensation, including solatium and interest. The court ruled that the projected financial burden of around INR29,000 crore cannot justify denying statutory rights. It also set a cut off date of March 28, 2008, limiting claims to unsettled cases. Compensation already paid cannot be recovered. The ruling strengthens landowners rights while maintaining legal certainty.Read more

30 Mar 2026

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has announced a defined filing window from April 1 to April 15 for developers to submit quarterly progress reports (QPRs) for registered projects. The mandatory disclosures, covering the quarter ending March, include updates on construction progress, approvals, and project status. The regulator has cautioned that failure to comply may attract penalties of up to 5% of the project cost under the Real Estate (Regulation and Development) Act, 2016. The directive follows recent enforcement action against non-compliant developers and reinforces regulatory oversight aimed at improving transparency and accountability across the state's real estate sector.Read more

30 Mar 2026

The Delhi Metro Rail Corporation has partnered with INSEAD, Singapore, to boost capacity building and professional excellence in the metro rail sector. This MoU establishes a platform for knowledge exchange between DMRC Academy and INSEAD, focusing on strategic, business, and customer service aspects of metro operations. The collaboration combines DMRC's extensive experience in urban transport systems with INSEAD's expertise in leadership and management education. It aims to enhance skill development, encourage innovation, and implement global best practices in metro management, strengthening urban transit operations and workforce capabilities.Read more

30 Mar 2026

Vadodara Municipal Corporation is preparing to raise around INR 200 crore through a proposed blue bond issuance by mid-year, aimed at financing water management projects. The civic body has received regulatory approvals, and the credit rating process is currently underway. Blue bonds, similar to green bonds, are linked to sustainable infrastructure and may qualify for central government incentives. The corporation has previously accessed the bond market, raising INR 100 crore each through municipal bonds in 2022 and green bonds in 2024. The move comes amid stable but slightly declining revenue receipts and rising expenditure, reflecting the need for alternative funding sources for urban infrastructure development.Read more