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24 Sep 2025
Rajendra Lodha, former Director of Lodha Developers, is under police investigation for alleged financial misconduct and fraudulent land dealings. Authorities claim he accepted large sums of cash from property transactions over more than a decade and sold company land, including a plot reserved for educational use, to his son's firm without authorisation. Investigators say these actions, along with undervalued sales of land and Transferable Development Rights (TDR), caused losses of about INR 85 crore to the company. His custody has been extended as police pursue forensic audits, gold bar recovery, and verification of money transfers.Read more
24 Sep 2025
Bengaluru-based Catena Homes India Pvt Ltd is under investigation for allegedly defrauding tenants and homeowners of nearly INR 25 crore through fraudulent leasing practices. Police have registered seven FIRs across areas including Varthur, Parappana Agrahara, and Electronic City. Three individuals-Naveen, Raman, and Ranjith-have been arrested, while director Vivek Keshavan remains absconding. Complaints say tenants paid large sums for rentals only to find owners unpaid or properties unavailable. Authorities estimate 70-80 people may be affected, with cases likely to be handed over to the CID. The scandal highlights risks in Bengaluru's property management sector and the need for stronger oversight to protect tenants.Read more
24 Sep 2025
A special court in Mumbai has issued summonses to Prathamesh Developers, its partner Pravin Raut, and Jitendra Mehta of Mehta Developers in connection with the Patra Chawl redevelopment project. The Enforcement Directorate (ED) has charged the accused with money laundering, alleging they diverted funds and sold Floor Space Index (FSI) rights, instead of constructing flats for the tenants. The case involves financial irregularities in the redevelopment of the 47-acre Patra Chawl in Goregaon, which was intended to provide homes to 672 tenant families.Read more
24 Sep 2025
The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has reclaimed over 300 acres of government land in Gajularamaram, Quthbullapur, valued at INR 15,000 crore. Originally owned by the Andhra Pradesh State Finance Corporation, the land was transferred to Telangana after bifurcation. Following public complaints, HYDRAA cleared unauthorised constructions-demolishing incomplete, fraudulent structures while sparing occupied homes of poor families-and fenced the land to prevent further encroachment. Investigations revealed land-grabbers had illegally sold small plots using fake documents, often with political collusion. Legal cases have been filed against the perpetrators. The action signals a firm stance against encroachment while safeguarding vulnerable households.Read more
24 Sep 2025
The Uttarakhand High Court has upheld a RERA order requiring Paratus Real Estates to deposit half of the penalty amount before filing its appeal, rejecting the promoter's request to limit the deposit to thirty per cent. The order followed RERA Dehradun's directive to refund two homebuyers with accrued interest for delays in project delivery. The court clarified that the legislation must be interpreted strictly to safeguard consumer rights, thereby reinforcing the accountability of real estate developers under Indian regulatory law.Read more
24 Sep 2025
The Goa government has decided to regularise residential plots allotted under the 20-Point Programme for economically weaker sections. District collectors in North and South Goa are now authorised to issue Class I sanads directly, simplifying the process for beneficiaries. Plots with dwellings will be converted to Class I occupancy after payment of a premium, while vacant or unutilised plots will revert to the government. This move addresses longstanding challenges related to legal clearances, occupancy classification, and access to financial assistance for allottees.Read more
24 Sep 2025
The Haryana Real Estate Regulatory Authority (HRERA) has directed Sarv Realtors to return INR 41.6 lakh with 11.1 percent interest to a couple who were denied timely possession of a 3BHK flat in Supertech Hues, Sector-68. The property was booked in 2014 under a possession-linked plan, with delivery due by 2017, yet the project remained incomplete well beyond the contractual deadline.Read more
23 Sep 2025
Lucknow Development Authority (LDA) has introduced a digital system so that applicants seeking Building Map No Objection Certificates can receive them through WhatsApp. The new arrangement uses the authority's Enterprise Resource Planning system to coordinate approvals and communicate with multiple departments, reducing traditional delays. Alongside this, the LDA has digitised land use verification, enabling prospective land buyers in Lucknow to check land status online by submitting relevant documents and location data.Read more
23 Sep 2025
The Supreme Court of India has ruled that borrowers lose their right to redeem mortgaged property once an auction notice is published under Section 13(8) of the SARFAESI Act. The Court clarified that this rule applies even to loans taken before the 2016 amendment, if the default happened after September 2016. The judgment addressed confusion created by conflicting provisions in the Act and its Rules. It overturned a Madras High Court order in the KPK Oils and Proteins India Pvt Ltd case, while also asking the government to review inconsistencies in the law to avoid further disputes.Read more
23 Sep 2025
Maharashtra Revenue Minister Chandrashekhar Bawankule has announced that land ownership rights for nearly 40,000 Bengali families in Gadchiroli will be expedited. Descendants of refugees from East Pakistan, these families have faced decades-long delays in securing legal ownership. To fast-track the process, drone-based surveys will be used for accurate mapping, and private workers will be hired to address manpower shortages in the land records department. A Lok Adalat is also being set up to resolve disputes over encroachments and record mismatches. The minister said the initiative combines welfare and efficiency, aiming to deliver long-pending property rights while modernising land management in the district.Read more