The Enforcement Directorate (ED) has attached assets worth INR 12.6 crore belonging to Sahiti Infratec Ventures India Pvt Ltd (SIVIPL), its former director Sandu Purnachandra Rao, his family, and associates under the Prevention of Money Laundering Act. The action follows FIRs by Telangana Police after homebuyers alleged non-delivery of flats and villas, with the alleged fraud amounting to INR 842 crore. The ED found that funds were raised without regulatory approvals or escrow accounts, with INR 216 crore collected in cash and diverted for personal use. Earlier, assets worth INR 161 crore were attached. Both key promoters remain in custody as investigations into the major Telangana real estate fraud continue.Read more

The Sarojini Nagar GPRA redevelopment project, a key government housing initiative in South Delhi led by NBCC Ltd, has hit a regulatory hurdle after the Delhi Fire Services (DFS) rejected its building plans for non-compliance with fire-safety norms. The DFS review found inadequate space for fire-tender movement, insufficient open areas, substandard exit widths and refuge zones, and poorly placed hydrants. The basement parking design also failed to meet safety circulation requirements. The DFS has directed the developer to revise access roads, stair dimensions, hydrant layouts, and emergency routes before resubmitting plans. The decision highlights stricter enforcement of fire-safety standards in large-scale government redevelopment projects.Read more

The Brihanmumbai Municipal Corporation (BMC) continues to struggle with unauthorized hawkers occupying entrances near Aqua Line 3 Metro stations, despite daily inspections and enforcement measures. Vendors temporarily vacate areas during crackdowns but return shortly after, creating congestion and obstructing pedestrian movement. Officials admit the recurring nature of the problem and note that festive periods see an increase in hawking activity. The situation reflects the ongoing difficulty of managing illegal vending in Mumbai's public spaces, even as major infrastructure projects like Aqua Line 3 are completed.Read more

The restructuring of Vedanta Limited's proposed demerger has been delayed again after the National Company Law Tribunal (NCLT) Mumbai bench was reconstituted, pushing the matter to be heard on November 12. The company informed the tribunal that the Securities and Exchange Board of India (SEBI) has cleared its revised scheme, which no longer separates the base-metals business from the parent. The Ministry of Petroleum and Natural Gas (MoPNG) has raised objections regarding disclosures in Vedanta's plan. Earlier this year the demerger approval deadline had already been extended due to pending regulatory approvals.Read more

The Chief Secretary of Chandigarh announced that the Chandigarh Housing Board's (CHB) unused land will be developed to address the city's housing demand, in line with the Master Plan and a Supreme Court heritage decree. Speaking at the new UT Secretariat, he also reviewed infrastructure and education projects, directing the creation of a skill university or centre of excellence in Sarangpur. He urged swift adoption of UGC 2018 regulations, faster resolution of service matters, and strict monitoring of PM-USHA housing projects. Emphasising modern, employment-oriented education, he called for restoring abolished faculty posts and strengthening industry-academia linkages, aligning housing and education reforms for Chandigarh's holistic growth.Read more

Union Minister Shri Nitin Gadkari has called for establishing a dedicated financing platform for maritime projects, saying it would boost economic growth and job creation. Speaking at a recent event, he noted that India's logistics costs may fall to around 9% by December due to road infrastructure upgrades. While the NHAI faces no funding shortage, Gadkari said the maritime sector lacks an institutional finance body like the Power Finance Corporation in energy. He stressed the need for transparent, efficient systems to attract investors and ensure project viability. Recalling the Sagarmala initiative, he highlighted its success in completing INR 7 lakh crore worth of port-led infrastructure projects nationwide.Read more

The National Company Law Appellate Tribunal (NCLAT) has held that genuine allottees of Today Homes Noida developer of the Ridge Residency project in Sector 135, Noida whose payments are recorded in the company's books cannot be denied claim rights simply because they applied after the 90-day window under the corporate insolvency resolution process (CIRP). The tribunal directed the successful resolution applicant to issue an addendum and include such late-filed claims within 30 days, treating them on par with other homebuyers in the same class. The earlier National Company Law Tribunal (NCLT) bench had dismissed these claims as time-barred.Read more

Haryana is moving to a fully digital property registration system, making online deed registration mandatory across all 22 districts. The phased rollout began with Babain in Kurukshetra, followed by ten districts, and will include the remaining districts by November 1, 2025. The portal allows citizens to verify identity via OTP, fill forms with guidance, upload documents, schedule appointments, and track applications through SMS alerts. It supports residential, agricultural, government, panchayat, defence lands, apartments, and co-ownership transfers. A robust three-tier verification process ensures transparency and efficiency in all property transactions.Read more

The Yamuna Expressway Industrial Development Authority (YEIDA) has officially registered about 441 hectares of land from 18 villages in Jewar, which were earlier listed under 3,695 farmers. Despite compensation and residential plot allotments being provided earlier, the land records were not updated, allowing illegal sales, mortgaging, and cultivation. Officials said the updated registration aims to bring transparency, prevent fraud, and secure public land. The authority's step ends a years-long delay and strengthens its control over acquired land earmarked for infrastructure projects.Read more

The Supreme Court has agreed to hear the Enforcement Directorate's appeal challenging the Bombay High Court's ruling that declared the arrest of former Vasai-Virar civic chief Anil Pawar illegal. Pawar, arrested on 13 August in a money-laundering case linked to the alleged illegal construction of 41 buildings (2008-10) involving developers and CIDCO officials, had been released after the high court found no prima-facie evidence supporting his arrest under the PMLA. The ED contends that its probe revealed substantial illicit payments to Pawar, which he denies. A Supreme Court bench of Justices Vikram Nath and Sandeep Mehta has sought Pawar's response within three weeks.Read more