22 Sep 2025

The Yamuna Expressway Industrial Development Authority (YEIDA) has demolished several illegal colonies near Noida International Airport, reclaiming 155 acres of land valued at about INR 2,500 crore. The colonies, promoted under names like Aeronest Coloniser, Shri Radha Gauri Enclave and Rudra Properties, were spread across Jhajhar and Kakod in Bulandshahr. FIRs are being lodged against those involved. This is part of a series of recent actions, including drives that freed land worth INR 226 crore in Jewar Bangar and Mewla Gopalgarh, and INR 407 crore in villages where projects were marketed with misleading names.Read more

22 Sep 2025

The Goa Coastal Zone Management Authority (GCZMA) has directed the removal of unauthorised shacks and resort extensions on Agonda Beach in Canacona, a protected turtle nesting site. Inspections revealed that these constructions lacked mandatory licences and approvals despite some owners holding pollution and tourism permits. The authority clarified that payment of house tax does not confer legality and instructed most violators to dismantle the illegal portions themselves.Read more

20 Sep 2025

Rajendra Lodha, a former director at Lodha Developers, was arrested in Mumbai on September 17 in connection with an alleged fraud uncovered during an ongoing investigation. Lodha was taken into custody from his Worli residence by the Mumbai Crime Branch property cell and brought to court, which remanded him to police custody until September 23. He had resigned from all positions at Lodha Developers on August 17, 2025, at the company's request, after an ethics committee reviewed his conduct. Lodha Developers has referred the matter to authorities and is implementing recommendations from an external review.Read more

20 Sep 2025

The Greater Noida Authority has imposed penalties amounting to INR 54 lakh on seven builders whose sewage treatment plants (STPs) were found non-functional, leading to untreated sewage being released into drains. The Authority has reiterated that the operation of STPs is mandatory and warned that repeat violations will lead to FIRs as per directives from the National Green Tribunal and the Central Pollution Control Board.Read more

19 Sep 2025

The government of India is moving to rebid around 40 GW of stalled solar and wind projects due to missing power purchase agreements. Officials clarified that no investments have been made yet, only price discovery, with solar tariffs between INR 2.38-2.56/unit and wind between INR 3.70-3.90/unit. FICCI stated that CERC is close to finalizing guidelines for virtual PPAs, which could unlock financing for these stranded projects. Virtual PPAs allow corporate buyers to support renewable projects financially without direct electricity delivery, receiving renewable energy certificates for ESG compliance, addressing delays in traditional PPA payments.Read more

19 Sep 2025

The Punjab and Haryana High Court recently upheld interim penalty orders issued by the Haryana Real Estate Regulatory Authority (HRERA) against Ansal Properties and Infrastructure Ltd. for non-compliance with the Real Estate (Regulation and Development) Act, 2016 (RERA). Despite the company's ongoing insolvency proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC), the court ruled that such proceedings do not exempt the company from statutory obligations, emphasizing the need for compliance through its resolution professional.Read more

19 Sep 2025

The Delhi High Court has clarified that grandchildren cannot claim a share in their grandparents' property while their parents are alive. The ruling came in a case where a woman sought partition of her late grandfather's West Delhi property, arguing it was ancestral. Justice Purushaindra Kumar Kaurav held that under the Hindu Succession Act, 1956, property passes to Class I heir's spouse, children, and mother; not grandchildren if their parent survives. The court further ruled that property inherited from parents is an heir's absolute property, not automatically ancestral. The judgment underscores that grandchildren have no rights unless their parent is predeceased or a joint family estate is proven.Read more

19 Sep 2025

The Greater Cochin Development Authority (GCDA) has proposed forming a special revenue team to manage land pooling for the upcoming Infopark Phase III campus in Kochi. Covering over 300 acres, the project recently received in-principle approval from the state's Electronics and IT Department. The team, led by a senior official, will include revenue staff, surveyors, and a legal expert to ensure a structured and transparent process. Landowners will be engaged to voluntarily pool land, which will then be reconstituted into developed plots and returned. A memorandum of understanding between GCDA and Infopark is expected soon, paving the way for phased development.Read more

19 Sep 2025

The NCLT has deferred Vedanta's demerger hearing to October 8 following objections from the Ministry of Petroleum and Natural Gas over disclosure gaps, particularly relating to the RJ-ON-90/1 oil and gas block and loans secured against exploration assets. Vedanta maintains it has fulfilled all requirements and pointed to NCLAT's recent clearance of its restructuring plan for its power and metal units. Sepco's earlier dispute over a debt of INR 1,251 crore has been settled, removing one hurdle. However, investor concerns remain, reflected in a decline in Vedanta's share price.Read more

19 Sep 2025

In Gurugram, the municipal authorities have identified over sixty commercial and industrial properties with property tax dues exceeding INR 1 crore each. Earlier this week, the Municipal Corporation of Gurugram (MCG) issued notices to these defaulters as part of its revenue recovery efforts. A sealing drive is expected to be enforced imminently, aiming to recover long-pending tax arrears and widen the corporation's revenue base. Meanwhile, property tax collections have remained below expectations, with MCG achieving only about 72 percent of its annual target by August despite lower projections compared to the previous fiscal year.Read more