09 May 2025

HDFC Capital Advisors and HDFC Capital Affordable Real Estate Fund-I (HCARE-1), its managed Alternative Investment Fund (AIF), settled with the Securities and Exchange Board of India (SEBI) earlier this week over a purported breach of AIF rules. The settlement came after the payment of INR 36 lakh and was initiated through suo motu applications by the firm. The case originated from investments made in 2016 in Acme Realties and Ascent Construction, where funds were allegedly used to service existing debt to HDFC Ltd (now HDFC Bank), which raised concerns about conflicts of interest. SEBI's settlement order specifies that no further action will be taken unless misrepresentation or breach of the settlement terms occurs.Read more

08 May 2025

Between April 24 and 26, 2025, the Delhi Development Authority (DDA) carried out a major demolition drive in South Delhi's Sainik Farms area, targeting unauthorized under-construction farmhouses across 5,060 sq. m. of encroached land in Saidulajab Village. Conducted with police support, the action aimed to reclaim prime public land and curb illegal development. Originally established for defense personnel, Sainik Farms has evolved into an upscale yet unauthorized colony, excluded from the PM-UDAY regularization scheme. The DDA has signaled further crackdowns in other affluent localities to reinforce land use compliance.Read more

08 May 2025

The Gautam Budh Nagar administration has launched a district-wide survey to identify feasible locations for EV charging stations in Noida's residential societies. Directed by ADM Atul Kumar, the initiative involves coordination between UPPCL, NPCL, and RWAs/AOAs to resolve infrastructure gaps and resident disputes over EV charger installations. Many societies currently lack designated parking or electrical capacity, leading to rising friction amid increasing EV adoption. The Noida Authority has also mandated EV charging provisions in all new residential building plans. The survey aims to ensure safe, accessible, and future-ready charging infrastructure, marking a step forward in the city's sustainable mobility efforts.Read more

08 May 2025

The Nagpur bench of the Bombay High Court has ordered the Nirmal Ujjwal Credit Co-operative Society to demolish unauthorized structures-including a transformer, substation, and water treatment plant-built on a 24-meter-wide Development Plan (DP) road in Mouza Harpur, Umred Road. The court imposed a fine of INR 5 lakh, payable within a week to the Raman Science Centre, and gave four months for the structures to be removed. Citing violations of the Maharashtra Regional and Town Planning (MRTP) Act and earlier directives, the court rejected the society's justification and warned against setting a precedent that undermines public land use. If the society fails to act, the Nagpur Municipal Corporation must carry out the demolition.Read more

08 May 2025

Chhattisgarh Chief Minister Vishnu Deo Sai has introduced ten key reforms to modernize the state's registry and revenue departments. Aimed at simplifying land transactions, the reforms allow Aadhaar-based biometric verification in place of physical witnesses and enable online payment of stamp duty and registration fees. Citizens can now complete property registration from home using e-stamps and digital document submission-especially beneficial for the elderly and disabled. Land records will be updated automatically post-registration, and Sub-Registrars will handle land transfers directly. Online access to documents, including encumbrance certificates, is also enabled. These changes promote transparency, reduce red tape, and make property dealings more efficient and citizen-centric.Read more

08 May 2025

Following public outcry over the narrowing and lowering of Walkeshwar Road in Malabar Hill, the BMC has issued a stop-work notice to developer Dilip Chunilal Chandan and architect Preeti Kashyap Barai. The April 26, 2025 notice cites unauthorized construction at a site on CS 156, which reportedly lacks proper approvals as per amended building plans. The BMC has halted all work until the City-I Building Proposal Department reviews concerns about the altered road level and reduced width. The developer has been given 24 hours to present valid permissions or face demolition and removal of materials. Local police have been instructed to enforce the order immediately.Read more

08 May 2025

The Panvel City Municipal Corporation (PCMC) has issued eviction notices to all 96 flat owners of Pioneer Co-operative Housing Society (CHS) for lacking an Occupancy Certificate (OC), rendering the building illegal for residence. Occupied since 2017, the 12-storey building failed to secure necessary approvals like TDR and met with repeated non-compliance despite prior notices. PCMC has also incurred a loss of INR 18.54 lakh by supplying free water tankers since 2023, reportedly under political pressure, despite the society defaulting on water tax payments. While residents face eviction, no action has yet been taken against the builders or architects responsible for the violations.Read more

08 May 2025

The Uttar Pradesh government will launch new housing projects in 12 districts, including Lucknow, Agra, and Kanpur, between June and December 2025 under the Mukhyamantri Urban Expansion/New City Promotion Scheme. CM Shri Yogi Adityanath emphasized adherence to timelines and quality, expedited building map approvals, and GIS-based master plan approvals by month-end. Updates on metro projects in Kanpur, Agra, and Lucknow were reviewed. Public suggestions on new bylaws are invited till May 30. The three-month action plan includes DPR for UP-SCR and revised township policy guidelinesRead more

07 May 2025

The Greater Chennai Corporation (GCC) has recently imposed strict regulations aimed at reducing dust emissions from construction activities in response to rising air pollution levels. Builders are now required to install high barricades, utilize dust suppression techniques, and ensure proper waste management. Non-compliance could result in fines ranging from INR 10,000 to INR 500,000, depending on the project's scale and severity of violations. The GCC has also mandated 24/7 CCTV surveillance for high-rise constructions to monitor adherence. These measures aim to address the daily generation of approximately 800 metric tonnes of construction and demolition waste in the city.Read more

07 May 2025

The Supreme Court has scheduled the next hearing of the Amrapali Group case for July, with a new bench to be appointed in light of Justice Bela M Trivedi's impending retirement. The current bench stressed the need to bring the years-long litigation to a close. Key issues include unresolved directions from the 2019 verdict, especially relating to fund recovery from former Amrapali officials. NBCC has completed over 25,000 flats and sold nearly 2,000 units, though concerns persist over buyers failing to take possession. The court has warned that unclaimed units may be resold if allottees remain inactive.Read more