Godrej Properties, already grappling with legal disputes over a Rs227 crore land deal in Nagpur, now confronts a second lawsuit. The latest suit invokes the Mental Health Act, alleging that a landowner with unsound mind had their share sold without due process. This comes after an earlier case citing Muslim personal law provisions. With hearings set for October 25, the realty giant's Nagpur venture faces increasing legal complexity. Meanwhile, Godrej Properties recently struck a separate Rs350 crore land deal in the region, adding to the intrigue surrounding its operations in Nagpur.Read more

A considerable backlog of pending registration files has built up within Gujarat's Real Estate Regulatory Authority (RERA) amid the prolonged absence of a chairperson. This significant delay has raised concerns within the real estate industry, with experts suggesting that it may take a substantial amount of time for the authority to restore its normal functioning. The extended period without a chairperson has led to an accumulation of work, leaving aspiring homeowners, developers, and stakeholders in the real estate sector grappling with uncertainties as they await the resolution of this issue.Read more

In a Bombay High Court ruling, a builder has been directed to pay transit rent for a flat involved in an ownership dispute and subsequently vacate the property. The man's sister had contested the ownership of the flat. The court clarified that transit rent should be paid to the person being displaced from the premises and that disputes over property titles do not impact the payment of transit rent. This judgement modifies a previous order and emphasizes the importance of adhering to established legal principles regarding transit rent and property possession in redevelopment cases.Read more

Panchkula real estate dealer, Prem Chand Singla, fell victim to a cunning land scam, losing a substantial Rs 70 lakh. Singla's complaint detailed how he was duped by three individuals, who promised him a 12.6-acre plot in August 2022. The fraudsters provided a bogus revenue patwari and sealed the deal, with Singla paying a hefty Rs 70 lakh. The ruse unravelled when Singla visited the site and discovered that the land belonged to someone else entirely. Legal action has been taken against the culprits.Read more

The Telangana High Court has ruled for the demolition of a commercial complex constructed on a designated park space in Begumpet's Indian Airlines Employees Housing Colony. Chief Justice Alok Aradhe and Justice NV Shravan Kumar delivered this judgement in response to petitions filed by concerned citizens. The court also annulled the municipal permission for the complex. The land, originally meant for a park, was sold in 1996, leading to the complex's construction. The owners have been directed to fund the demolition, supervised by HMDA and housing board officials. This ruling underscores the importance of adhering to urban planning guidelines.Read more

The West Bengal government's urban development and municipal affairs department has introduced a set of 19 guidelines to regulate building demolitions in congested residential areas. Under the new norms, demolition work is prohibited at night, and strict adherence to noise and air quality standards is mandated. The move comes in response to the observed lack of safety measures during building demolitions, contributing to air and noise pollution. The guidelines address concerns such as uncontrolled use of equipment, dust pollution, and unauthorized felling of trees. Additionally, the regulations prohibit demolitions during heavy storms or rain, emphasizing safety precautions for both workers and residents.Read more

Property developers and landowners in Gurugram are urging the state government to reinstate a policy allowing the construction of four-floor buildings before Diwali, as approvals for such projects have been on hold for eight months. The suspension came following protests by residents who argued that these "builder floors" were overburdening resources and infrastructure in already densely populated areas. The Gurgaon Home Developers and Plot Owners' Association contends that these builder floors cater to individuals with limited budgets and generate substantial revenue for the state. Despite the revenue generated, the government is yet to make a decision on the policy's future.Read more

MahaRERA, the regulatory authority for real estate projects in Maharashtra, has issued a stern warning to builders of 291 suspended projects. They must update their quarterly progress reports by November 10 or face registration cancellation. These projects are spread across regions, including 104 in the Mumbai Metropolitan Region, 63 in Pune, and 46 in Nashik. Some promoters of 72 projects have already complied by updating their reports and paying fines. Failure to do so will necessitate a fresh registration process with a Rs 50,000 fine. MahaRERA emphasizes transparency, with plans to introduce QR-code-based access to project information and project ratings in January.Read more

The Indian government is considering amendments to the Insolvency and Bankruptcy Code (IBC) to introduce project-wise resolutions for real estate companies. These changes aim to address concerns about completed projects being dragged into insolvency proceedings and improve the efficiency of resolving distressed assets in the real estate sector, which currently has a low resolution rate. The IBC amendments are being discussed with the law ministry and could provide a more focused and balanced approach to insolvency cases in the real estate industry.Read more

The Kerala government, led by Chief Minister Pinarayi Vijayan, plans to grant land pattas to 500 families in Kuttampuzha village, Ernakulam district, by empowering local monitoring committees. This move aims to address delays in land category conversions, where wetland or paddy land is transformed into dry land. Currently handled by revenue divisional officers, the proposed amendment will authorize local committees to assess and decide on applications, streamlining the process. This decision aligns with principles of transparency and community engagement, marking a broader initiative to reform the land category conversion process and improve efficiency while benefiting deserving families.Read more