16 Jun 2026

A Mumbai court has upheld the tenancy rights of a woman occupant in a long-running property dispute, ruling that her lawful occupation and tenancy status could not be extinguished through competing ownership claims. The judgment reaffirmed protections available to tenants under existing tenancy laws and clarified that tenancy rights survive changes in property ownership. The ruling is expected to have implications for similar disputes involving inherited tenancy claims, redevelopment projects and landlord-tenant conflicts across the city.Read more

15 Jun 2026

• The Delhi Development Authority issued a public notice on 10 June 2026 warning architects, supervisors, and structural engineers that submitting false information or misrepresenting facts in building permission applications will invite strict regulatory action under Clause 2.9.3 of the Unified Building Bye-Laws for Delhi–2016.
• Professionals found in violation face blacklisting, debarment, or any other action deemed appropriate by the Competent Authority under applicable laws and regulations.
• Property owners have been separately advised to engage only qualified and registered professionals and ensure full compliance with the Unified Building Bye-Laws for Delhi–2016.Read more

15 Jun 2026

The Municipal Corporation of Delhi (MCD) is considering a reduction in regularisation charges for unauthorised constructions after receiving a limited response to the recently launched SWAGAM portal. Introduced to facilitate self-declaration and regularisation of building deviations, the portal has seen fewer applications than anticipated since its rollout. Civic officials are now evaluating revisions to the fee structure to encourage greater participation from property owners and improve compliance with building regulations. The proposal is part of MCD's broader effort to address unauthorised construction through a digital framework rather than relying solely on enforcement measures. Any reduction in charges is expected to benefit owners of residential and commercial properties seeking to regularise deviations and obtain approvals under the scheme.Read more

15 Jun 2026

The Securities and Exchange Board of India (SEBI) has proposed a revised framework to harmonise the base price used for pre-open call auctions and price bands for stocks listed on multiple exchanges. The proposal aims to address price divergence observed in illiquid stocks when trading occurs on one exchange but not on another. Under the proposed mechanism, exchanges would use closing prices from actively traded venues to determine price bands and pre-open auction reference prices, ensuring greater consistency in stock pricing across trading platforms.Read more

15 Jun 2026

• Eight people were injured after a fire gutted a flat in a residential building in Juhu, Mumbai, prompting a large emergency response from fire and civic authorities.
• The blaze caused extensive damage to the affected apartment, while injured residents were shifted to hospital for treatment.
• Authorities have launched an investigation into the cause of the fire, with the incident renewing attention on fire safety preparedness and emergency response measures in residential buildings across Mumbai.Read more

15 Jun 2026

The Enforcement Directorate has attached immovable properties worth around INR 60 crore in connection with an alleged INR 1,400 crore bank fraud case. The assets, located in Indore and linked to entities under investigation, were attached under the Prevention of Money Laundering Act. Authorities allege that loan funds obtained from a consortium of banks were diverted through various transactions, causing significant losses to lenders. The attachment forms part of the agency’s ongoing efforts to trace and secure suspected proceeds of crime.Read more

15 Jun 2026

The Union Cabinet has approved Phase 2A of the Ahmedabad Metro Rail Project at an estimated cost of INR 2,169.04 crore, paving the way for a new metro corridor connecting Koteshwar Road with the Sardar Vallabhbhai Patel International Airport. The 6.032-km extension will include five stations and will expand the operational Ahmedabad-Gandhinagar Metro network to 77.63 km upon completion. The project is aimed at improving airport connectivity, strengthening urban mobility and supporting future transport demand in Gujarat's largest urban agglomeration. The approval forms part of the Centre's continued investment in urban transit infrastructure and is expected to enhance connectivity between key residential, commercial and transport hubs across Ahmedabad and Gandhinagar.Read more

15 Jun 2026

The Maharashtra government will introduce separate Ready Reckoner (RR) rates for high-rise buildings and slum settlements within the same locality through a statewide micro-zoning exercise aimed at making property valuations more realistic and equitable. The initiative, to be carried out using GIS-based mapping and surveys, will create smaller valuation zones based on infrastructure and development characteristics rather than uniform locality-based rates. The move is expected to align government valuations with market realities, reduce anomalies in stamp duty calculations and strengthen transparency in property transactions.Read more

15 Jun 2026

West Bengal will remain at the centre of the Centre’s upcoming land port development programme as the Land Ports Authority of India (LPAI) plans to establish 11 new land ports across the country over the next three years. The focus on the state stems from the strategic importance of the Siliguri Corridor and West Bengal’s borders with Bangladesh, Nepal and Bhutan. The announcement was made during the launch of the Land Port Management System (LPMS), a digital platform designed to streamline cargo and passenger movement across India’s land ports. The initiative is expected to strengthen border infrastructure, improve trade facilitation and support multimodal connectivity in eastern India while enhancing operational efficiency at existing and future land ports.Read more

Mumbai News Desk

15 Jun 2026

• The Maharashtra government has moved to expedite the transfer of the Richardson & Cruddas land parcel in Mumbai to support the expansion of Sir JJ Hospital.
• Deputy Chief Minister Eknath Shinde has directed the collector to accelerate administrative procedures related to the handover.
• The site is expected to provide additional space for future healthcare infrastructure and capacity enhancement.
• The move is part of broader efforts to strengthen public healthcare facilities and accommodate rising patient demand in Mumbai.Read more