The National Company Law Appellate Tribunal (NCLAT) has rejected Reliance Realty's appeal challenging the liquidation of Independent-TV, reiterating that the process must be completed in the shortest possible time. The tribunal confirmed the earlier order of the National Company Law Tribunal (NCLT), emphasizing that Reliance Realty cannot obstruct the liquidator's access to leased premises at Dhirubhai Ambani Knowledge City. Independent?TV, which had delayed rental and service payments after 2018, had entered insolvency, and the assets were sold to Shree Sai Baba Ship Breaking Company. The ruling ensures timely resolution of insolvency proceedings.Read more

The Navi Mumbai Municipal Corporation (NMMC) has initiated an extensive post-monsoon cleanliness and dust control drive across the city. Under the direction of Municipal Commissioner Dr Kailash Shinde, five advanced dust suppression vehicles are operating continuously in three shifts, spraying treated water and cleaning major roads and footpaths. The initiative, carried out under the National Clean Air Programme (NCAP), aims to reduce airborne dust particles and improve overall air quality in Navi Mumbai.Read more

The National Company Law Appellate Tribunal (NCLAT) directed Raheja Developers to halt any creation of third-party rights in its immovable properties, including sale of land or residential units, while its insolvency resolution process is under way. The tribunal emphasised that once insolvency has commenced, the management of the corporate debtor must not dispose of or deal with such assets without oversight. The interim resolution professional (IRP) has been authorised to appear before regulators such as the Real Estate Regulatory Authority and defend notices issued in respect of the company�s properties.Read more

The Appellate Tribunal of the Odisha Real Estate Appellate Tribunal (OREAT) affirmed an earlier order by the Odisha Real Estate Regulatory Authority (ORERA) in favour of a buyer who alleged delayed possession, absence of valid occupancy and fire-safety certificates, and non-provision of amenities promised under the sale agreement. The developer was ordered to pay interest, obtain a proper occupancy certificate and hand over promised amenities. The ruling reinforces protections under the Real Estate (Regulation and Development) Act, 2016 (RERA) and signals greater accountability for developers.Read more

The Navi Mumbai Municipal Corporation (NMMC) has issued a public notice urging all business owners operating within its jurisdiction to renew their trade licences through the corporation's online platform. The renewal applies to establishments such as hotels, eateries, sweet shops, beauty parlours, barbershops, and similar businesses governed under Section 376 of the Maharashtra Municipal Corporations Act. Traders have been advised to complete the online application process before the end of December to avoid penalties for non-renewal under the relevant provisions of the Act.Read more

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has reinstated 22 stalled real estate projects, allowing construction to resume across seven districts. These projects, comprising 8,856 flats, plots, and commercial units, were earlier placed on the abeyance list due to non-compliance with documentation requirements. After verifying updated records, UP-RERA cleared them for continuation. The move aims to ease homebuyer concerns, improve transparency, and strengthen developer accountability. Officials said the decision will help reduce project delays and restore confidence in the state's housing market. The revival marks a significant step in UP-RERA's efforts to accelerate housing delivery and enforce regulatory discipline.Read more

The Ghaziabad Development Authority (GDA) is set to invite public objections before moving ahead with the acquisition of approximately 153 acres of land under the Indirapuram Extension scheme. The move follows a direction from the Allahabad High Court, which instructed the authority to follow due process and compensate affected farmers at up to twice the 2014 circle rate. The notification for land acquisition in Mohiddinpur Kanawani village was issued earlier this week.Read more

The Maharashtra government has regularised long-disputed land parcels previously restricted under the Fragmentation and Consolidation of Holdings Act, 1947, providing long-awaited relief to millions of landowners. A new notification exempts non-agricultural lands from the Act, recognising transactions made between November 1965 and October 2024 without extra charges. Around 49 lakh landholders � impacting nearly two crore people � will now have their names reflected on 7/12 land records. Registered sale deeds will be updated automatically, while unregistered ones must be formalised. The reform streamlines land laws, clarifies ownership, and boosts transparency in property records across Maharashtra�s urban and peri-urban areas.Read more

The National Highways Authority of India (NHAI) has asked the Supreme Court of India to review a landmark 2019 judgment that awarded farmers compensation with interest for lands acquired under the National Highways Act. The Court has scheduled an open-court hearing early next week to decide whether the ruling should apply retrospectively or only from now on. The NHAI estimates the financial impact could be around INR 32,000 crore, a sharp jump from the earlier INR 100 crore estimate.Read more

Earlier this week, the Economic Offences Wing in Hyderabad registered a case against a Jubilee Hills-based construction company for allegedly defrauding nine flat buyers of a total of INR 4.41 crore. The complainants stated they were promised homes in Tellapur under a special pre-launch offer that included assured buy-back, but neither approvals nor construction ever materialised. The company had even conducted a symbolic ground-breaking event two years ago, yet no development followed. When the project was cancelled, buyers demanded refunds.Read more