In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Airports play a much bigger role than just enabling travel -...
Why does the same hotel brand operate multiple properties in...
25 Mar 2026
The Telangana government has introduced revised building rules aimed at improving real estate development by simplifying construction norms and approval processes. The changes provide greater flexibility in areas such as building height, setbacks, and the use of Transferable Development Rights (TDR). These revisions are intended to help developers make better use of land, particularly in urban locations, and reduce procedural delays. By aligning regulations with current development needs, the state is seeking to encourage more efficient project execution while maintaining basic planning and compliance standards across key urban centres.Read more
25 Mar 2026
The Pune Municipal Corporation (PMC) is set to initiate legal proceedings against property owners after recording over 4,200 cheque bounce cases related to property tax payments in the current financial year. While around 3,600 defaulters have cleared their dues following repeated notices, action is being prepared against the remaining cases under provisions of the Negotiable Instruments Act. The move comes as the civic body intensifies tax recovery efforts ahead of the financial year-end, having already collected approximately INR 2,882 crore. The development highlights compliance challenges in municipal tax collection, a key revenue source for urban infrastructure and service delivery.Read more
25 Mar 2026
The Chandigarh Housing Board has approved an increase of up to 7 per cent in restoration charges for properties resumed due to non-payment of dues or building violations. The revised structure is expected to raise charges by approximately INR 1 lakh to INR 3 lakh, depending on property category and floor, with fees now linked to prevailing collector rates. The move affects a significant number of allottees, many of whom have already received notices for unauthorised construction or structural deviations. To regain possession, property holders will be required to clear outstanding dues separately in addition to paying the enhanced restoration charges. The administration is also pursuing a parallel proposal to regularise General Power of Attorney-based property transfers to address revenue losses and improve compliance.Read more
25 Mar 2026
Demolition of several shops at LT Market by the Brihanmumbai Municipal Corporation has led to protests from vendors, who allege that the action was linked to a redevelopment proposal supported by a private builder. Traders said they were not given clear communication, consent options, or rehabilitation details before the drive. Civic officials have stated that the structures were unauthorised and part of routine action. The incident has raised concerns about transparency in redevelopment processes and the protection of long-standing small businesses in Mumbai's traditional market areas.Read more
25 Mar 2026
The Enforcement Directorate has attached assets worth over INR 5,000 crore in the PACL case, further intensifying action in one of India's largest investment fraud probes. The latest attachment includes 126 properties in Punjab and Delhi, taking the total value of seized assets to over INR 22,600 crore. The case is based on a CBI investigation ordered by the Supreme Court, which found that PACL collected massive funds from investors through illegal schemes. Authorities continue efforts to trace assets and recover money for affected investors.Read more
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Airports play a much bigger role than just enabling travel -...
Why does the same hotel brand operate multiple properties in...
25 Mar 2026
The Bombay High Court has overturned a stay order issued by the Debt Recovery Tribunal (DRT) concerning a bank-auctioned flat, allowing the auction purchaser to proceed with ownership and possession formalities. The case involved a mortgaged property sold through a recovery auction initiated by the lender after default. The court observed that once an auction is completed as per law, further restrictions on transfer or possession should not continue without valid grounds. The ruling reinforces the legal position of auction buyers and supports the integrity of recovery mechanisms used by financial institutions.Read more
25 Mar 2026
The National Company Law Tribunal (NCLT) has approved the withdrawal of insolvency proceedings in the ATS Knightsbridge project after a settlement was reached among the concerned parties. The case has now been taken out of the Corporate Insolvency Resolution Process, allowing the project to proceed under normal operations. The decision is expected to provide clarity to homebuyers who were facing uncertainty due to the ongoing proceedings. With this approval, focus will shift back to project execution and resolving pending matters through mutual understanding rather than insolvency intervention.Read more
25 Mar 2026
The Uttar Pradesh cabinet has approved the development of a 20 MW floating solar power plant at Chilua Tal in Gorakhpur as part of its ongoing push to expand renewable energy capacity. The project, to be executed by Coal India Ltd, will span around 80 acres of water surface allocated by the district administration. Officials noted that Gorakhpur is being developed as a solar city, following Ayodhya's designation as the state's first solar city. The initiative aligns with broader plans to promote solar energy across multiple municipal corporations in the state.Read more
25 Mar 2026
The Delhi government has allowed property owners and developers to obtain a provisional No Objection Certificate (NOC) by paying only 25% of infrastructure charges upfront. The move, implemented through the Delhi Jal Board, aims to reduce high initial costs that had slowed construction and redevelopment projects. The remaining amount will be paid later at the time of final approval. The decision follows concerns over steep increases in charges in recent years and is expected to improve project timelines, ease cash flow pressure, and support construction activity across the city.Read more
25 Mar 2026
A fire broke out in a residential building in Virar, causing panic among residents before emergency services responded and brought the situation under control. Rescue teams managed to evacuate nine people from the building, and no injuries were reported. The incident highlights the importance of timely firefighting response and evacuation procedures in densely populated residential areas. Authorities ensured that the fire did not spread further within the structure, preventing casualties and limiting damage, while the exact cause of the fire is yet to be confirmed through further assessment.Read more