In a major relief for Meghdutam housing project residents in Sector 50, Noida, the Allahabad High Court has directed the Noida Authority to proceed with flat registrations, resolving years of delay. The interim order, issued on January 15, follows a petition by 19 residents who paid in full but lacked property documents. TGB Infra Developers, facing financial difficulties with dues of INR 43.7 crore, failed to clear 25% of recalculated dues. With a crucial hearing set for February 6, residents hope to finalize eligible homebuyer lists and expedite registrations under state policies prioritizing stalled projects.Read more

Delhi RERA is set to introduce new guidelines to enhance transparency in the real estate sector, mandating builders to advertise projects based on carpet area rather than super built-up area. Chairman Anand Kumar emphasized that this measure will help buyers make informed decisions. Additionally, developers may seek exemptions from GRAP measures if restrictions last over three days. The authority also plans strict action against unregistered projects, reinforcing compliance. These steps aim to improve buyer confidence, address industry concerns, and create a more transparent and accountable real estate market in Delhi.Read more

The Rajasthan government established a four-member cabinet sub-committee to review proposals from various districts regarding the merger or delimitation of urban local bodies (ULBs). The sub-committee, chaired by the state's Urban Development and Housing Minister, Jhabar Singh Kharra, includes key members such as Suresh Singh Rawat (Water Resources), Sanjay Sharma (Forest), and Gautam Kumar (Cooperatives). The committee's role is to evaluate changes in the boundaries of municipalities and municipal corporations, and propose the creation or abolition of urban bodies. Its findings will be submitted to Chief Minister Bhajan Lal Sharma.Read more

MahaRERA issued an order directing Honest Shelters to hand over possession of six flats in the "Palais Royale" project at Worli to India Infoline Finance Limited (IIFL) and to pay interest for the delayed possession. The project had been acquired by Honest Shelters from Shree Ram Urban Infrastructure in 2019. IIFL had acquired the flats from the original purchasers and moved forward with complaints regarding non-fulfillment of possession agreements. MahaRERA concluded that the promoter had failed to prove any default by the original allottees, and ordered the transfer of possession along with an occupancy certificate.Read more

The Brihanmumbai Municipal Corporation (BMC) recently revised its auction plans for prime plots in Worli, Crawford Market, and Malabar Hill. Due to a lack of bids, the auction for the Worli plot will be retendered, while the Crawford Market plot auction has been paused on the orders of the Chief Minister following concerns raised by the local fishing community. The Malabar Hill plot, which houses an important electricity station, will not be auctioned due to the high cost of relocation. The retendering process for the Worli asphalt plant plot is still on track.Read more

The Chandigarh Housing Board (CHB) has decided to relaunch its Sector 53 housing scheme with a fresh demand survey to assess buyer interest. Initially planned in 2018, the project faced setbacks due to high prices, with flats ranging from INR 86 lakh to INR 1.5 crore. Previous revisions, including increasing the Floor Area Ratio (FAR) and modifying unit distribution, failed to gain traction. After multiple rejections and redesigns, the board aims to address affordability concerns and attract buyers. The new survey will help shape the project's feasibility and potential adjustments to ensure its success.Read more

Rural Development Minister Shivraj Singh Chouhan is set to allocate over 8.21 lakh houses under the Pradhan Mantri Awaas Yojana - Gramin (PMAY-G) for Madhya Pradesh. The central government has released INR 3,726 crore this fiscal to facilitate disbursement of the first instalment, with an additional INR 4,934 crore possible upon timely utilisation. Recently, Chouhan approved 3.3 lakh houses for Chhattisgarh. Since 2016, PMAY-G has sanctioned 32.3 million houses, with 26.9 million completed, ensuring improved rural housing across India.Read more

The Andhra Pradesh government is considering relaxing rules to regularise encroached house-sites on government land, aiming to make the process more affordable for the poor. Chief Minister Chandrababu Naidu has directed the revenue department to study the issue and propose suitable recommendations. Previous attempts by the YSRC government were hindered by high fees, discouraging participation. The revised plan is likely to introduce nominal fees for plots up to 500 square yards while evaluating each case individually. This move aims to provide legal ownership to long-term occupants and generate state revenue while addressing the housing needs of underprivileged communities.Read more

The Income Tax department has been empowered to attach assets under the Prohibition of Benami Property Transactions (PBPT) Act, 1988, even if the actual owner remains unidentified. A recent ruling by the Adjudicating Authority upheld the attachment of land assets worth INR 3.10 crore in Lucknow, following raids on real estate groups accused of using unaccounted cash. The Authority clarified that Section 2(9)(D) of the PBPT Act allows for such actions when the beneficial owner is untraceable or fictitious. This ruling reinforces the department's ability to combat benami transactions and sets a precedent for handling complex property disputes under the anti-benami law.Read more

The Lucknow Development Authority (LDA) demolished over 30 illegal encroachments near Butler Road following protests from local residents. The demolition came after the encroachers ignored several warnings to vacate the land, which is classified as nazul property. About 24 illegal structures were razed, and those involved were given an additional three days to remove their belongings, after which another drive will take place to clear any remaining encroachments. This operation follows LDA's ongoing efforts to curb illegal land occupation, which have been taking place across the city for years.Read more