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13 Nov 2025
The Supreme Court recently highlighted significant gaps in India's property registration system, noting that disputes over immovable property make up around two thirds of civil cases. It asked the Law Commission to examine blockchain technology for secure and tamper?proof land records, integrating cadastral maps, survey data, and revenue records. In a separate development, the NCLAT set aside insolvency proceedings against Mahagun India Pvt Ltd, emphasizing project-specific review and due process, which impacts thousands of homebuyers and ensures developers and lenders can address defaults fairly.Read more
12 Nov 2025
The Chief Minister of Nagaland, Neiphiu Rio, has appealed to the Central government for enhanced support in infrastructure, education and connectivity across the state. He reminded that the establishment of an Indian Institute of Science Education and Research (IISER) in Nagaland had been announced in the Union Budget for 2015-16 and that the state has allotted 200 acres of land for it. He also underlined that with only eight km of rail line currently in Nagaland, the proposed 250 km Dimapur-Tizit rail link and the proposed Ciethu Greenfield Airport in Kohima need to be prioritised. Rio further highlighted the state's mineral potential, the absence of national-level institutions like an IIT or National Law University, and the impact of the re-imposition of the Protected Area Permit regime in December 2024.Read more
12 Nov 2025
Delhi has stepped up pollution controls as air quality fell into the severe category, prompting the enforcement of stage three of the Graded Response Action Plan. This includes halting non-essential construction and curbing industrial emissions. The measures follow public protests demanding cleaner air and a rise in crop stubble fires, though these incidents are fewer than in previous years. Dense winter air often traps pollutants from vehicles, industries, and fires, exposing the city's 30 million residents to high respiratory risks. Authorities aim to prevent further deterioration.Read more
12 Nov 2025
Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a hybrid hearing system, allowing parties in disputes to attend either physically or via video-conference. The move follows directions from the Bombay High Court emphasizing that digital-only hearings cannot replace access to justice. Virtual hearings are recorded, and all orders are timestamped and published online. While simple cases are increasingly handled digitally, complex matters continue in person. The change aims to improve efficiency, transparency, and convenience, reducing travel and delays for homebuyers and developers across Maharashtra.Read more
12 Nov 2025
The government has introduced norms limiting the redemption of ship-recycling credit notes to 5% of a new vessel's contract value. Shipowners receive credit notes equal to 40?% of the fair scrap value when eligible vessels are recycled at Indian yards certified under the Hong Kong International Convention. The note must be fully applied against a single new shipbuilding contract within three years, and partial utilisation is not allowed. Transfer or sale of unused notes is now permitted, offering flexibility and encouraging domestic shipbuilding growth while linking recycling benefits to fresh orders.Read more
12 Nov 2025
The Maharashtra government has formed a high-level committee to bring all metro rail operations in the Mumbai Metropolitan Region (MMR) under one unified authority. Led by Sanjay Mukherjee, Metropolitan Commissioner of MMRDA, the panel will draft a plan for merging multiple metro agencies, assess asset transfer and valuation, and study models such as Transport for London and Singapore's Land Transport Authority. The committee, which includes officials from Maha Metro, MMRCL, MMMOCL, CIDCO, and the Urban Development Department, will submit its report within three months.Read more
12 Nov 2025
Adani Enterprises Ltd is likely to be chosen as the highest bidder to acquire Jaiprakash Associates Ltd (JAL) through the ongoing insolvency process, as its plan to make payments within two years has been found more suitable than Vedanta Ltd's five-year proposal. The Committee of Creditors (CoC) recently reviewed revised resolution plans from the five shortlisted bidders, with Adani's plan receiving the highest score. The CoC is expected to vote on the resolution plan in the coming weeks. JAL's total creditor claims stand at around INR 60,000 crore.Read more
12 Nov 2025
The Ministry of Road Transport and Highways is revising India's three-decade-old toll-pricing framework to better reflect current highway conditions and vehicle usage. The existing model, based on vehicle operating costs, Vehicle Damage Factor (VDF), and users' willingness to pay, was last formalised in 2008 and is now outdated. NITI Aayog, with academic support, has been tasked with developing a modernised methodology by the end of the financial year. The new system aims to balance fairness for commuters with sustainable revenue for operators. India's 855 toll plazas collected INR 73,000 crore in 2024-25, and the updated framework is expected to guide future infrastructure planning and investment.Read more
11 Nov 2025
The Ujjain Development Authority (UDA), along with the municipal corporation and district administration, demolished illegal constructions on three plots in Begambagh, each about 2,400 sq. ft., after leaseholders violated land-use terms. Originally allotted in 1985 for residential use under 30-year leases, the plots were later used for commercial purposes without renewal. Following the court's dismissal of a stay order, UDA reclaimed the land under CEO Sandeep Kumar Soni's supervision. Over 200 personnel ensured a peaceful operation. The UDA said it will continue monitoring other properties to prevent similar violations, reinforcing strict enforcement of lease and land-use regulations in Ujjain.Read more
11 Nov 2025
The Competition Commission of India (CCI) has approved US-based Blackstone's proposal to acquire up to 80.15% of Aadhar Housing Finance Ltd (AHFL) through its subsidiary, BCP Asia II Holdco VII Pte Ltd. The deal, involving a secondary acquisition and an open offer to public shareholders, will strengthen Blackstone's presence in India's affordable housing finance sector. AHFL offers housing and property loans across the country and also distributes insurance products as a registered corporate agent with IRDAI. With this approval, Blackstone advances its strategy to expand investments in financial services, marking a significant step in India's evolving housing finance landscape.Read more