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29 Sep 2025
Mumbai and Pune's housing markets are set for a major shift under the Maharashtra State Housing Policy 2025, unveiled in the JLL-NAREDCO report Towards 'Housing for All'. The state has announced INR 70,000 crore in investment to deliver 3.5 million affordable homes by 2030, addressing the growing dominance of premium housing. Sales in both cities have doubled since 2019, with luxury units now accounting for 59% of launches. The policy includes AI-based monitoring, redevelopment incentives, FSI relaxations for senior and student housing, and GST relief. Strategic growth corridors in both cities will drive balanced urbanisation, making homeownership more accessible while sustaining premium demand.Read more
29 Sep 2025
The Supreme Court has directed a man to vacate two properties in Mumbai and hand them back to his 80-year-old father. The order was passed after the son was found preventing his father and mother, aged 78, from residing in their own homes. A tribunal had earlier ruled in favour of the parents, ordering eviction of the son and a monthly maintenance of INR 3,000. While the Bombay High Court had later overturned this decision, the apex court had restored the tribunal's order, confirming that such authorities are empowered under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 to ensure the rights and welfare of senior citizens.Read more
28 Sep 2025
The Allahabad High Court's Lucknow bench has expressed concern over a single bench order that stayed the demolition of an illegal building in Khurram Nagar. The division bench has summoned the records to examine the urgency of the petition, which was filed under Article 226 rather than Article 227 of the Constitution. The matter stems from a 2016 public interest litigation, involving repeated violations of demolition orders by the builder. The next hearing is scheduled for later this month, with directives to the Lucknow Development Authority (LDA) to ensure accountability.Read more
28 Sep 2025
The Karnataka High Court recently struck down a 2020 circular issued by the Karnataka Real Estate Regulatory Authority (K-RERA) that sought to retrospectively impose a delay fee on real estate developers for late submission of quarterly updates and annual audit statements. The court highlighted that such fees require legislative backing and cannot be imposed solely through administrative orders. The judgment reflects the importance of statutory authorization in financial regulations and provides relief to developers who faced penalties without clear legal sanction.Read more
28 Sep 2025
The Goa government has allowed NBCC (India) Ltd to sell around 1.5 lakh square meters of redeveloped government-owned properties, mainly in Panaji. This comes as part of a INR 1,700 crore project involving seven key government sites, including Junta House, KTC bus stand, Circuit House, and government quarters. The sale proceeds will fund the redevelopment, while the state will retain a significant portion of built-up areas. Construction is planned in phases and expected to finish within three years, supported by additional operation and maintenance funding.Read more
28 Sep 2025
The Real Estate Regulatory Authority (RERA) in Bihar has ordered Agrani Homes to refund INR 1 crore to 18 homebuyers of the PK Villa Project. The refund will be shared in proportion to the amount each buyer had invested. The authority has also allowed the landowner of the project, who deposited INR 1 crore with RERA, to cancel the development agreement with the builder. Refunds will be processed via RTGS once buyers submit bank details and documents. RERA Bihar has already facilitated refunds of nearly INR 6 crore in similar cases over the past few months.Read more
27 Sep 2025
The Hubballi-Dharwad Urban Development Authority (HDUDA) has extended its Local Planning Area (LPA) from 407 square kilometres to 757 square kilometres by adding 46 villages across Dharwad, Hubballi Urban, Hubballi Rural, and Kalghatagi taluks. This expansion aims to control unplanned growth, prevent illegal layouts, and ensure better infrastructure development. A new master plan for 2041 is being prepared to integrate these villages and guide industrial, commercial, and residential development. The inclusion of these villages is expected to improve amenities and enhance land value for farmers.Read more
27 Sep 2025
The Odisha Real Estate Regulatory Authority (ORERA) has introduced revised guidelines to improve the efficiency of its Conciliation and Dispute Resolution (CDR) cell. These guidelines focus on resolving disputes between homebuyers, promoters, and agents under the Real Estate (Regulation and Development) Act, 2016. The framework sets out procedures for initiating conciliation, timelines for resolution, fees, and the binding nature of agreements. ORERA's move reflects its ongoing effort to make real estate regulation more transparent, reduce legal delays, and ensure fair treatment for all parties involved in the state.Read more
26 Sep 2025
Nagpur Municipal Corporation (NMC) has started issuing transferable development rights (TDR) certificates to private landowners whose plots were encroached by slum dwellers. The initiative, guided by Chief Minister Devendra Fadnavis, makes Nagpur the first city in Maharashtra to implement such a scheme. Landowners can monetise their rights through TDR sales, while slum families will soon receive government-approved leases. The move settles decades of disputes, provides legal and financial relief to property owners and residents, and follows the broader TDR practices used in Maharashtra's urban redevelopment.Read more
26 Sep 2025
The Greater Bengaluru Authority (GBA) is set to launch a mobile application to simplify e-khata submissions for property owners, complementing the existing online and Bengaluru One centres. The app will allow property owners and their authorised representatives to submit applications directly using essential documents such as property sale deed, tax receipts, Aadhaar number, encumbrance certificate, Bescom bill, and property photographs. Since October last year, around 7.5 lakh final e-khatas have been issued, reflecting growing adoption of digital property management in Bengaluru.Read more