The Supreme Court has allowed M3M Group's plea to substitute property provisionally attached by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act, 2002. The ruling came after M3M challenged a Punjab & Haryana High Court order that had refused the substitution. The substitution is subject to nine conditions, including establishing clear title and ensuring assets that are free from encumbrances. M3M Group agreed to these terms, marking a step in legal proceedings concerning attached properties in real estate.Read more

Lodha Developers Ltd. has been directed by the Supreme Court to deposit INR 520.80 crore as security in a case involving V Hotels Ltd, which Lodha acquired through an insolvency process in 2024. This matter relates to Enforcement Directorate (ED) proceedings against V Hotels' former promoter, concerning transactions allegedly routed through the company before insolvency. The Bombay High Court previously ruled that proceedings could not continue against V Hotels due to the timing of the alleged transactions relative to the insolvency. Lodha expects a swift Supreme Court hearing, anticipating the deposit's release, after which no further claims will stand against V Hotels' assets.Read more

The Bombay High Court has dismissed petitions challenging the conversion of Mumbai's historic Mayor's Bungalow into a memorial for late leader Bal Thackeray. The bench ruled that the decision is a government policy matter and found no legal basis to interfere. Petitioners had raised concerns over heritage protection, environmental rules, and the composition of the public trust overseeing the memorial. The court noted the bungalow's heritage structure remains intact and restored, and construction is nearly complete. With all legal procedures followed, and the land reclassified from green to residential, the court upheld the INR 1 lease and cleared the path for the memorial's completion.Read more

Gurugram authorities have issued 266 notices to homeowners for violating regulations, bringing the total to over 650 in three weeks. The notices target businesses operating in residential properties without permits and address building code breaches, including unauthorized constructions like rooftop structures and covered parking. This action, part of an 'office on the spot' drive in Sushant Lok and other sectors, aims to maintain residential zoning integrity. On the other hand Non-compliant property owners may face restoration orders, sealing, or cancellation of occupancy certificates if they fail to respond within seven days. Enforcement will also extend to fire safety violations in commercialized residential properties.Read more

Adani Properties has received National Company Law Tribunal (NCLT) approval to acquire two major assets of the defunct real estate developer, Housing Development and Infrastructure Ltd (HDIL). The assets include 'Inspire BKC,' a commercial property in Mumbai's Bandra-Kurla Complex, and a land parcel in Kalyan Shahad. Adani's resolution plan for Inspire BKC is INR 3 crore, while the Shahad land had a fair value of INR 89.66 crore. Industry experts estimate the combined value of these assets at over INR 2,000 crore. Adani was the sole bidder for these properties under the insolvency process, which HDIL has been undergoing since 2019 with over INR 7,789 crore in liabilities.Read more

Bengaluru's attempt to digitize property records through its e-khata system is facing mounting criticism from frustrated property owners. While more than 500,000 e-khatas have been issued so far, thousands of residents continue to battle with portal glitches, rejected documents, server crashes, and incomplete data integration. In newly added BBMP zones, citizens are being told to file fresh applications despite years of tax payments. Builders, too, are struggling due to the system's inability to process bulk khatas. The BBMP is now trying to control the damage through help camps, helplines, and offline support.Read more

Mumbai's redevelopment sector, a serious complaint has been filed against Sudhanshu Infrastructure and its representative Abhayjit Dubey for unauthorized construction and intimidation in the Aniraj Tower redevelopment project in Bhandup West. The Slum Rehabilitation Authority (SRA) accused the builder of illegally constructing a hall on the eighth floor, violating fire safety norms, and distributing commercial units without obtaining occupation certificates. The situation further escalated when a society member who flagged these violations was allegedly assaulted, leading to a second FIR. The case has revived concerns about regulatory lapses and resident safety in ongoing redevelopment schemes.Read more

Tamil Nadu has introduced a 'deemed NOC' system via the CMDA's single-window portal to speed up high-rise building approvals. If departments don't act within a structured 30-day timeline, NOCs are automatically approved. This digital platform integrates 11 departments, from Fire Services to the Airports Authority, streamlining previously delayed processes. Since CMDA's portal launch in 2022, monthly approvals have doubled, but NOC delays persisted. The new mechanism tackles this, while ensuring safety through random inspections. Industry leaders, including CREDAI, have welcomed the reform, calling it a game-changer for transparency and project speed. This move aligns with Tamil Nadu's broader ease-of-business push in real estate development.Read more

The Andhra Pradesh government has notified a new land pooling policy for the Amaravati capital region, reviving its flagship greenfield development plan. While the old city core remains under the original 2015 scheme, this updated policy applies to an extended capital region and aims to bring in an additional ~40,000 acres on top of the ~54,000 acres already pooled. The scheme is voluntary, Aadhaar-based, and offers landowners reconstituted developed plots, annuities, and a package of social entitlements including free education, healthcare, and a one-time farm loan waiver of up to INR 150,000. The policy guarantees infrastructure development within three years of plot allotment and marks a renewed push to position Amaravati as a modern, people-first capital.Read more

Odisha has launched a comprehensive reform to strengthen real estate regulation under the Odisha Real Estate Regulatory Authority (ORERA), following recent court directives and ongoing compliance issues. The state has mandated that all planning and development authorities must now relay project approval data to ORERA in real time, with full digital integration through platforms like Bhulekh and SUJOG. Enforcement has been overhauled to include monthly violation targets, inter-agency crackdowns, and recovery of penalties under the OPDR Act. The move builds on a series of High Court rulings that have reshaped buyer protections across the state, ushering in a more transparent and accountable real estate landscape.Read more