02 Jun 2026

• The Enforcement Directorate (ED) has arrested Satinder Singh Bhasin, promoter and director of Noida-based Bhasin Infotech and Infrastructure Pvt Ltd (BIIPL), in a money laundering investigation linked to alleged fraud involving homebuyers and investors.
• Bhasin, who is also associated with the Grand Venice Mall project in Greater Noida, was taken into custody and remanded to ED custody until June 6 by a special PMLA court in Ghaziabad.
• The case stems from multiple FIRs registered by Uttar Pradesh Police in 2015 alleging that funds collected from investors for commercial real estate units were not utilised for the promised developments.
• Investigators have alleged that money raised from the public was diverted through associated entities and group companies instead of being deployed for project construction and delivery.
• The arrest follows directions issued by the Supreme Court after the agency alleged that the promoter had not been cooperating with the investigation.Read more

Mumbai News Desk

02 Jun 2026

• The Maharashtra Housing and Area Development Authority (MHADA) has identified 82 buildings across Mumbai as highly dangerous ahead of the monsoon season and has initiated precautionary measures for resident safety.
• The structures have been categorised under the ‘C-1’ classification, indicating that they are unsafe for habitation and require evacuation or demolition.
• Notices have been issued to residents and occupants, while coordination has been initiated with civic authorities, police and disaster management agencies.
• The exercise forms part of Mumbai’s annual pre-monsoon structural safety review aimed at reducing risks associated with ageing and dilapidated buildings.
• Authorities have urged occupants to vacate unsafe premises as heavy rainfall conditions are expected to increase structural vulnerability during the monsoon months.Read more

02 Jun 2026

• The National Company Law Appellate Tribunal (NCLAT) has granted Mumbai-based Supreme Housing and Hospitality a final opportunity to settle outstanding dues of INR 567 crore owed to Canara Bank.
• The tribunal directed the company’s promoters to deposit INR 460 crore in a no-lien account with the bank by June 13, 2026.
• Failure to make the payment within the stipulated timeline will allow insolvency proceedings against the company to continue.
• The dispute follows multiple failed one-time settlement (OTS) attempts and prolonged litigation between the developer and the lender.
• Canara Bank has also initiated efforts to sell its loan exposure linked to the company through a debt sale process after previous recovery attempts remained unsuccessful.Read more

02 Jun 2026

• The Ulhasnagar Municipal Corporation (UMC) has identified 283 buildings as dangerous and vulnerable to collapse ahead of the monsoon season.
• Notices have been issued to occupants of structurally unsafe buildings, with authorities urging residents to vacate high-risk properties before heavy rainfall intensifies.
• The identified structures include several ageing residential and mixed-use buildings spread across different parts of the city.
• Municipal authorities have initiated inspections, emergency preparedness measures and coordination with disaster management agencies to mitigate risks during the monsoon.
• The exercise forms part of a wider pre-monsoon safety review being undertaken across the Mumbai Metropolitan Region (MMR) to address risks associated with deteriorating building stock.Read more

Ghaziabad News Desk

02 Jun 2026

• The Ghaziabad Development Authority (GDA) has decided to review fire safety measures across residential societies following a series of recent fire incidents in high-rise housing projects.
• The authority will coordinate with the fire department and other agencies to assess compliance with fire safety norms, emergency access requirements and operational firefighting systems.
• Residential complexes found lacking mandatory fire safety infrastructure may face notices and corrective action directives.
• The review will focus on fire equipment maintenance, evacuation preparedness, emergency access routes and adherence to approved building safety standards.
• The exercise comes amid increasing concerns over fire risks in high-density residential developments across the National Capital Region (NCR).Read more

02 Jun 2026

Mumbai’s Slum Rehabilitation Authority (SRA) has identified 19 large slum clusters across the city for redevelopment under Maharashtra’s newly introduced cluster redevelopment policy for plots exceeding 50 acres. The projects include major sites in Andheri West, Govandi, Mankhurd, Wadala and Vikhroli, with the largest covering nearly 100 acres near Gilbert Hill in Andheri. The scheme aims to integrate slums, old buildings and unusable land parcels into large-scale redevelopment projects through joint ventures, tenders and government-led implementation models.Read more

Kolkata News Desk

02 Jun 2026

• The Calcutta High Court has ruled that buyers cannot seek regularisation of unauthorised constructions merely because they have invested money in such properties.
• The court observed that financial investment does not create a legal right to legitimise structures built in violation of sanctioned plans and building regulations.
• The judgment reiterated the responsibility of buyers to conduct due diligence before purchasing property and verify statutory approvals.
• The court stressed that permitting regularisation on sympathetic grounds would weaken urban planning laws and encourage further violations.
• The ruling comes amid continuing judicial scrutiny of illegal construction and municipal enforcement across West Bengal.Read more

02 Jun 2026

Residents of Parijat Sadan, a nearly five-storey cessed building in Girgaon, Mumbai, have continued to face severe water shortages and low water pressure for more than a year despite repeated complaints to civic authorities. The Brihanmumbai Municipal Corporation (BMC) had earlier recommended replacement and expansion of the building’s water pipeline, while the Maharashtra Housing and Area Development Authority (MHADA) stated that approvals for the proposed work remain pending. Residents alleged that rapid redevelopment and the emergence of high-rise towers in the locality have worsened water distribution for older buildings dependent on ageing infrastructure. The issue has disrupted daily routines for over 40 families, with residents claiming that intermittent water supply and weak pressure have particularly affected senior citizens living in the building.Read more

02 Jun 2026

• Indian Railways is facing scrutiny after around 54,000 trees were felled for a railway project in Madhya Pradesh.
• Authorities have ordered an inquiry into the project’s alignment over safety and environmental concerns.
• Questions have emerged over whether alternative routes could have reduced forest loss.
• The issue has intensified debate around infrastructure planning, environmental clearances and ecological safeguards in transport projects.Read more

01 Jun 2026

• The BMC will impose an INR 3 crore penalty on contractor Larsen & Toubro after two workers died at a Coastal Road Phase 2 casting yard.
• The accident occurred earlier this month at a gantry crane platform in Bhayander West linked to the Mumbai Coastal Road project.
• A probe by VJTI identified multiple safety lapses, including inadequate structural support and insufficient safety systems.
• Civic authorities have ordered corrective measures and initiated wider safety audits across project construction sites.Read more