23 Jul 2026

The Delhi government will soon issue smart property cards to residents of Lal Dora areas across 48 villages under the SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) scheme. The initiative aims to create authenticated digital property records, resolve long-standing ownership disputes and improve transparency in village abadi areas. Surveys have been completed in 30 villages, with final property cards already prepared, while 12,232 properties have been surveyed, of which 8,423 have been found dispute-free. The QR code-enabled PVC cards will carry detailed ownership information and will be integrated with the Delhi Online Registration Information System (DORIS) for real-time record updates.Read more

23 Jul 2026

The Goa government has amended the state's registration framework to allow property deeds to be registered at any sub-registrar office within the same district, irrespective of where the property is located. The change, introduced through a notification issued under the Registration Act, is intended to simplify the registration process, improve administrative efficiency and provide greater convenience to citizens. The revised framework also continues to classify registration offices into different categories for administrative purposes while expanding the flexibility available for document registration.Read more

Gurugram News Desk

23 Jul 2026

The Punjab and Haryana High Court has directed the Haryana government to submit detailed records relating to demolition action and restoration measures undertaken in DLF City, Gurugram, as part of ongoing proceedings concerning unauthorised constructions. The court has sought information on enforcement action taken across DLF Phases 1 to 5, including compliance with earlier directions and the status of restoration activities. The matter remains under judicial scrutiny as authorities have been asked to present a comprehensive account of regulatory action taken against illegal developments.Read more

Mumbai News Desk

23 Jul 2026

The Brihanmumbai Municipal Corporation (BMC) has constituted an expert committee to review the planning, design and execution of major flyover and bridge projects following concerns raised over the recently opened extension of the Mrinaltai Gore Flyover in Goregaon. The panel will examine engineering practices, project approvals and construction standards to identify shortcomings and recommend corrective measures. The exercise is intended to strengthen quality control, improve project execution and minimise delays and design-related issues in future infrastructure works across Mumbai.Read more

23 Jul 2026

The Reserve Bank of India (RBI) has asked banks and other regulated entities to strengthen their internal grievance redressal systems to ensure eligible customer complaints are not bypassing the Internal Ombudsman process. RBI Deputy Governor Swaminathan J said complaint trends should be treated as an early warning system to identify operational gaps rather than as compliance data. He also stressed that boards and senior management should promote customer-centric governance, while technology-enabled financial services should be supported by faster, transparent and efficient complaint resolution mechanisms.Read more

23 Jul 2026

The Supreme Court has granted Parsvnath Developers a final one-week deadline to deposit the entire recoverable amount due to homebuyers of the Parsvnath Exotica project in Gurugram, along with 12% annual interest, failing which the company's directors could face imprisonment. The order was issued during the hearing of a long-running dispute involving homebuyers who alleged that they had paid the full purchase amount but had not received possession of their homes after nearly two decades. The apex court maintained its earlier directions, including the freezing of the developer's bank accounts, and directed the matter to be listed again next week. The case also highlights concerns over the enforcement of Haryana RERA's recovery orders and prolonged delays in residential projects.Read more

23 Jul 2026

Banks and financial institutions reported fraud involving INR 1.42 lakh crore over the last five financial years, while recoveries from fraud accounts stood at INR 6,389 crore during the same period. The government informed Parliament that public sector banks have also taken legal action against thousands of wilful defaulters through recovery suits, SARFAESI proceedings and FIRs. Separately, complaints related to recovery agents more than doubled in FY26, prompting the Reserve Bank of India to strengthen guidelines aimed at protecting borrowers from coercive recovery practices.Read more

Noida News Desk

23 Jul 2026

The Federation of Noida Residents Welfare Associations (FONRWA) has urged the Noida Authority and district administration to strengthen enforcement against unauthorised paying guest (PG) accommodations operating in residential sectors. The residents' body has sought verification of permissions, compliance with planning regulations and action against properties functioning in violation of applicable norms. It has also called for regular inspections to address concerns relating to civic infrastructure, public safety and the increasing commercial use of residential neighbourhoods.Read more

22 Jul 2026

Punjab National Bank (PNB) has approved its acquisition financing policy and plans to begin operations in this segment from the third quarter of FY27, starting with domestic entities. The move follows the Reserve Bank of India’s final guidelines allowing banks to finance up to 75 per cent of acquisition deal value, subject to conditions. PNB is also looking to mobilise USD 2.5 billion in FCNR (B) deposits by September 30 and has already collected USD 425 million by mid-July. The bank recently reported a sharp rise in quarterly net profit.Read more

22 Jul 2026

The Mumbai Port Authority (MbPA) has intensified its efforts to recover nearly INR 3,500 crore in unpaid lease rentals from eight major defaulting entities occupying port land on Mumbai's eastern waterfront. The authority has appointed senior legal officials and leading law firms to pursue recoveries and plans to initiate criminal action against unauthorised occupants. MbPA said the unpaid dues are affecting funding for key waterfront redevelopment and maritime infrastructure projects under its long-term master plan, while urging tenants to clear their outstanding liabilities.Read more