17 Jul 2025

The Kerala government has approved a waiver for registration and stamp duty charges for beneficiaries acquiring land under the Life Mission housing scheme. This exemption also extends to nine flood-affected individuals. Beyond housing, the cabinet approved a tripartite agreement for the Wayanad Township and established a tribal supply office in Attapadi. It also sanctioned financial aid for natural calamity victims. Other key decisions include implementing Telecom (Right of Way) Rules and significantly increasing the government guarantee for Kerala Social Security Pension Ltd from INR 6,000 crore to INR 14,000 crore.Read more

17 Jul 2025

The Andhra Pradesh High Court has ordered the release of realtor Syed Allabakshu, who was detained for three years by a consumer commission without proper legal procedure. The High Court emphasized that individual liberty requires strict procedural safeguards before detention. Allabakshu's company, Vijaya Saradhi Housing, failed to hand over plots after receiving advance payments. The Guntur commission had ordered refunds and compensation, leading to his detention in 2022. The High Court clarified its ruling does not prevent further inquiry if due process is followed.Read more

16 Jul 2025

TGRERA has fined Hyderabad-based Bhuvanteza Infra Projects INR 6.45 lakh for illegally marketing and selling units in its "Happy Homes" project in Shamirpet without RERA registration or necessary approvals. Buyers had alleged that the developer collected advances between 2020 and 2023, often without issuing receipts. Following an inquiry, the regulator declared the project unauthorised and ordered a halt to all sales, marketing, and construction activities. Bhuvanteza must now refund the buyers with 11% annual interest within 90 days. This isn't the firm's first violation-TGRERA had earlier penalised it INR 14.9 lakh for similar issues in another project, where 62 homebuyers were also owed refunds.Read more

16 Jul 2025

The Karnataka government has scrapped plans to acquire 1,777 acres in Devanahalli for an aerospace and defence park, following years of sustained protests by local farmers. Going forward, land will only be acquired from willing sellers, with compensation offered above guidance value and 10% of developed plots allocated in return. Farmers who choose not to sell can continue cultivation, with their land remaining part of the green belt. The revised approach balances development with livelihoods, avoiding forced displacement. Officials say the move respects public sentiment while keeping the door open for voluntary industrial collaboration in a region already key to India's aerospace ecosystem.Read more

16 Jul 2025

Kochi Municipal Corporation's e-governance transition has triggered a major civic disruption, with nearly 50,000 building records missing from the newly implemented K-Smart portal. This breakdown followed Tata Consultancy Services' exit from the project, reportedly due to unpaid dues and delayed timelines. As a result, property owners are unable to access basic services such as property tax payments, building number verifications, and licence renewals. Over 1,450 complaints have already been registered, and opposition members claim the number of affected properties may be significantly higher.Read more

16 Jul 2025

The Airports Authority of India (AAI) implemented strict height restrictions within a 20-kilometre radius of the upcoming Noida International Airport. The directive prohibits any form of vertical construction whether residential or commercial buildings, telecom infrastructure, or even tall trees without securing prior clearance through an official No Objection Certificate (NOC) issued via AAI's NOCAS portal. This action comes amid rising real estate activity around the Yamuna Expressway and Jewar region.Read more

16 Jul 2025

The Nashik Municipal Corporation (NMC) has introduced a new initiative allowing landowners to develop amenities on reserved land in exchange for Transfer of Development Rights (TDR). This aims to accelerate public facility development and compensate property owners. Aligned with Maharashtra's Unified DCPR (December 2020), the policy enables NMC to develop 425 reserved lands, bypassing direct budget acquisition. A committee, chaired by the NMC commissioner, will oversee the process, streamlining urban development and benefiting both the public and landowners in Nashik.Read more

16 Jul 2025

The Enforcement Directorate (ED) has accused Unitech Group and its promoters of diverting nearly half of INR 16,000 crore received from homebuyers and financial institutions, allegedly using funds for personal gains and routing them into "benami" companies. The ED filed its third chargesheet on July 10, naming Unitech promoter Ramesh Chandra. Over 29,800 homebuyers did not receive houses. The probe, ongoing since June 2018, claims INR 7,794.35 crore was diverted. ED has arranged 105 entities and attached INR 1,621.91 crore in assets.Read more

16 Jul 2025

The Delhi Development Authority (DDA) is set to launch its Premium Housing Scheme 2025, offering 177 residential flats and 67 garages via e-auction in prime Delhi locations. Concurrently, the DDA has approved reforms for commercial real estate, including reducing amalgamation charges from 10% to 1% of the circle rate and lowering the auction multiplication factor from twice to 1.5 times. These changes aim to boost investment and make Delhi more competitive. Additionally, the DDA approved rent facilitation for Signature View Apartments residents during reconstruction, and is developing an education hub and sports complex in Narela.Read more

16 Jul 2025

Andhra Pradesh is facing a land registration crisis, with the registration of approximately 20 lakh acres of assigned lands on hold due to suspected record tampering. This ongoing freeze prevents farmers from selling their lands. Despite government efforts, including village-level meetings and a Group of Ministers, a solution remains elusive. Revenue Minister Anagani Satya Prasad hopes for resolution by October, stating the delay protects genuine landowners.Read more