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16 Jul 2026
• Mumbai Metro One Private Limited (MMOPL), a subsidiary of Reliance Infrastructure Ltd, has entered into a debt restructuring agreement with the National Asset Reconstruction Company Limited (NARCL), a government-owned entity.
• The restructuring will reduce MMOPL's outstanding debt by more than INR 1,100 crore and lead to the withdrawal of insolvency proceedings initiated against the company.
• MMOPL operates the Versova–Andheri–Ghatkopar Metro Line-1, one of Mumbai's busiest metro corridors, serving over five lakh commuters daily.
• The agreement covers financial obligations of INR 2,771.32 crore and includes a monitoring mechanism to oversee implementation of the restructuring plan.Read more
16 Jul 2026
• Gujarat Real Estate Regulatory Authority (GujRERA) has tightened scrutiny of new real estate project registrations after finding that nearly 50% of applications under review involve developers with pending complaints or regulatory proceedings.
• Developers seeking approval for new projects are now being asked to resolve outstanding complaints, penalties and other dues before fresh registrations are granted. In some cases, projects have received conditional approvals subject to compliance within stipulated timelines.
• The enhanced due diligence covers both complaints filed by homebuyers and suo motu proceedings initiated by the regulator, with the aim of improving accountability and protecting homebuyers.
• GujRERA is also preparing to display developers' complaint histories on its public portal, enabling prospective buyers to review a promoter's regulatory track record before investing in a project.Read more
15 Jul 2026
The Telangana High Court has directed the state government to allot 2BHK houses at Kollur to 71 families displaced from Bhimrao Bada in Hyderabad, bringing an end to a 17-year rehabilitation dispute. The court ruled that the families, evicted during the construction of the P.V. Narasimha Rao Expressway, could not be denied permanent housing despite administrative delays. The judgment reinforces the state's obligation to honour rehabilitation commitments made to project-affected residents.Read more
15 Jul 2026
Union Home Minister Amit Shah launched a mass plantation drive in Gujarat's Gandhinagar Lok Sabha constituency, where over one crore trees were planted in a single day under the 'Ek Ped Maa Ke Naam' campaign. He also inaugurated and laid the foundation stones for multiple development projects, taking the total value of completed works in the constituency to INR 28,492 crore. The initiative includes new Oxygen Parks, clean public transport, solar rooftop expansion and measures to increase regional green cover to 20% by 2029.Read more
15 Jul 2026
• The Maharashtra government has constituted a five-member high-level inquiry committee to investigate the building collapse at the Moshi waste-to-energy plant in Pimpri Chinchwad that claimed nine lives.
• The committee will examine the causes of the collapse, assess possible lapses in planning, construction and safety practices, fix accountability and recommend measures to prevent similar incidents.
• Meanwhile, the Pimpri Chinchwad Municipal Corporation (PCMC) has initiated departmental action, issued notices to the civic environment department and the plant operator, and ordered an internal review.
• Preliminary findings indicate that the collapsed three-storey administrative building had an occupancy certificate only for the ground floor, prompting criminal proceedings and a wider investigation into regulatory compliance.Read more
15 Jul 2026
Deputy Chief Minister Eknath Shinde has informed the Maharashtra Legislative Assembly that all civic amenities promised under the approved plan have been provided at the Pradhan Mantri Awas Yojana (PMAY-Urban) housing colony in Wathoda, Nagpur. Responding to allegations regarding inadequate infrastructure, poor construction quality and rising crime, the government said the project complies with prescribed standards and independent technical inspections have certified its quality. The clarification came after legislators raised concerns over the availability of roads, drainage, water supply and other public services at the affordable housing project.Read more
15 Jul 2026
The Maharashtra Legislature has passed an amendment to the Maharashtra Housing and Area Development Authority (MHADA) Act to revive the implementation of Section 79A, clearing a major legal hurdle that had stalled the redevelopment of more than 13,000 old and dilapidated cessed buildings in Mumbai. The amendment seeks to restore MHADA's powers to intervene when landlords fail to initiate redevelopment of unsafe structures while enabling occupants to undertake redevelopment with majority consent. The Bill now awaits the Governor's assent and is expected to accelerate long-pending redevelopment projects, improving housing safety for lakhs of residents across Mumbai.Read more
15 Jul 2026
The Karnataka High Court has upheld the uniform property tax regime for five-star hotels within Bengaluru's erstwhile BBMP limits, ruling that luxury hotels constitute a distinct category eligible for a common tax slab irrespective of location. Dismissing petitions challenging the levy, the court held that the classification does not violate Article 14 of the Constitution. The judgment reinforces the civic authority's taxation framework, providing greater legal certainty for municipal revenue collection and reducing the scope for future disputes.Read more
15 Jul 2026
A Delhi court has cancelled the bail granted to Rahul Chamola, director of Nivas Promoters Pvt Ltd, in a case involving the alleged cheating of homebuyers in a Greater Noida housing project. The court found that Chamola repeatedly violated bail conditions, ignored judicial directions and failed to cooperate fully with the investigation. The prosecution had sought cancellation of his bail, granted in December 2023, citing persistent non-compliance, including failure to appear before the court, non-payment of costs imposed by the judiciary and repeated breaches of investigation requirements. The court held that his conduct constituted sufficient legal grounds to revoke the concession of bail.Read more
15 Jul 2026
• The Maharashtra government has suspended 15 Revenue Department officials, including deputy collectors and tehsildars, over alleged irregularities in land record modifications.
• The action follows an official inquiry that identified suspected misuse of legal provisions governing corrections to land records.
• Authorities have ordered departmental proceedings and directed a broader review of similar cases across the state to detect potential irregularities.
• The government has also indicated that amendments to the Maharashtra Land Revenue Code will be considered to strengthen safeguards against future misuse.Read more