21 Mar 2026

Civic authorities across Telangana, including the Greater Hyderabad Municipal Corporation and other urban local bodies, have issued around 1.6 lakh notices to property tax defaulters in the past fortnight as part of an intensified revenue recovery exercise. The action targets residential and commercial property owners who have not cleared pending dues, with a significant share of assessed properties yet to comply. Authorities have reported substantial outstanding demand running into thousands of crore, prompting stricter enforcement measures. Alongside notices, civic agencies are deploying SMS alerts, appointing enforcement officials, and warning of legal action under municipal laws. The drive also coincides with ongoing settlement schemes offering partial relief on interest, aimed at encouraging voluntary compliance before escalation of recovery proceedings.Read more

21 Mar 2026

The Navi Mumbai Municipal Corporation (NMMC) has introduced extended payment facilities for property taxpayers by keeping tax collection centres open on weekends and public holidays until the end of the financial year. The move aims to help property owners clear dues before the March-end deadline and support the ongoing property tax collection drive. Civic officials stated that all collection counters at the municipal headquarters and eight ward offices will operate during weekends and notified holidays, offering greater convenience for working residents. The civic body has also encouraged citizens to utilise digital payment options through mobile applications, QR code scanning and online banking platforms. Authorities added that property owners can also benefit from the ongoing Abhay scheme, which offers a concession on penalty charges for overdue tax payments.Read more

21 Mar 2026

The Allahabad High Court has directed authorities in Uttar Pradesh to ensure that residential developments incorporate accessible infrastructure for persons with disabilities, reinforcing compliance with statutory provisions. The order, issued in the past week, mandates the inclusion of features such as ramps, lifts, and barrier-free pathways in housing projects across the state. The court emphasised adherence to the Rights of Persons with Disabilities Act, highlighting gaps in implementation within existing and upcoming residential complexes. Authorities, including local development bodies, have been instructed to ensure compliance at both approval and execution stages. The directive places responsibility on developers and planning agencies to integrate accessibility into project design, signalling stricter scrutiny of housing approvals and construction standards in the state.Read more

20 Mar 2026

The Enforcement Directorate (ED) has restored immovable assets valued at about INR 650 crore to more than 2,300 homebuyers affected by stalled projects of Faridabad-based SRS Group. The restitution, enabled through provisions of the Prevention of Money Laundering Act (PMLA), followed verification of claims submitted by buyers who had invested in various residential and commercial developments. A special PMLA court in Gurugram permitted the restoration after establishing that the claimants were genuine purchasers without links to the alleged offences. The properties include flats and plots across multiple SRS developments in Haryana. The action forms part of an ongoing investigation into alleged financial irregularities and diversion of funds by the developer's promoters, which had left several housing projects incomplete and thousands of buyers in uncertainty.Read more

20 Mar 2026

The National Company Law Tribunal has approved Adani Enterprises INR 14,535 crore resolution plan for Jaiprakash Associates, allowing the group to take control of the financially stressed company. The decision follows approval from lenders despite objections raised by Vedanta. Jaiprakash Associates, admitted to insolvency after defaulting on loans exceeding INR 50,000 crore, has major real estate and infrastructure assets, especially in Noida and Greater Noida. While the resolution brings clarity to creditors, legal disputes and delayed housing projects, including those affecting thousands of homebuyers, remain key concerns.Read more

20 Mar 2026

A developer has been arrested in Nashik in connection with alleged violations of the mandatory Economically Weaker Section (EWS) housing quota across 49 residential projects. The action follows a police investigation into complaints that builders and landowners collectively bypassed the requirement to reserve 20% of project land for EWS housing in developments exceeding 4,000 sq m. Authorities have named around 197 individuals, including developers and landlords, in the case. Investigators have alleged that forged documents were used to fragment land parcels and evade regulatory thresholds. The case, registered earlier this month at Sarkarwada police station, stems from findings of a district-level inquiry into compliance with Maharashtra's housing policies of 2013 and 2017.Read more

Mumbai News Desk

20 Mar 2026

Residents and civic groups in Chhatrapati Sambhajinagar have urged the Maharashtra government to introduce a property tax waiver similar to Mumbai's exemption for smaller residential units. A memorandum submitted in the past week proposes extending tax relief to homes up to 1,000 sq ft, compared to Mumbai's exemption threshold of 700 sq ft. The demand has been led by local citizen groups citing parity across cities governed under similar administrative frameworks. However, municipal officials have raised concerns over the financial viability of such a move, noting that the Chhatrapati Sambhajinagar Municipal Corporation (CSMC) collected about INR 157.7 crore in property tax in FY2024-25, significantly lower than Mumbai's civic revenues. The proposal highlights growing pressure on smaller urban local bodies to balance fiscal sustainability with citizen demands for tax relief.Read more

Mumbai News Desk

20 Mar 2026

Mumbai Police's Economic Offences Wing (EOW) has closed a cheating case involving approximately INR 67.5 crore against Kamala Mills owner and developer Ramesh Govani, following a detailed investigation into a redevelopment dispute. The closure, reported in the past week, comes after the agency filed a B summary report before a metropolitan magistrate court, citing insufficient evidence to support the allegations. The complaint related to a land redevelopment agreement under which compensation of INR 20 crore along with residential and commercial units had reportedly been promised but not delivered. Investigators found that the agreement between the parties had been mutually cancelled in 2017, a fact not disclosed in the original complaint, leading authorities to conclude that criminal intent could not be established.Read more

20 Mar 2026

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the INR 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) to develop 100 plug-and-play industrial parks across the country. The scheme, announced by Ashwini Vaishnaw, is expected to generate around 15 lakh direct jobs and will run from FY27 to 2031-32. It focuses on pre-built industrial ecosystems with core and value-added infrastructure, external connectivity support, and state-private partnerships. The initiative aims to strengthen manufacturing, attract investment, and improve ease of doing business.Read more

Gurugram News Desk

20 Mar 2026

The Haryana Real Estate Regulatory Authority (HRERA) has ordered a Gurugram-based developer to pay compensation exceeding INR 21 lakh to a homebuyer for delay in handing over possession of a residential unit in Sector 37D. The order, issued in the past week, followed a complaint filed by a buyer who had booked the flat in 2008 with a promised possession timeline of 2012. Despite substantial payments, the unit was not delivered, leading to earlier refund proceedings. HRERA clarified that receipt of a refund does not preclude additional compensation claims. The awarded amount includes INR 18.9 lakh for loss of property value appreciation, INR 2 lakh for mental harassment, and INR 50,000 towards litigation costs, along with applicable interest until realisation.Read more