The Ministry of Steel has rolled out the third phase of its Production Linked Incentive (PLI) scheme for speciality steel, named �PLI 1.2�, aiming to draw new investment and drive domestic production of high-value steel grades in sectors such as defence, aerospace, power and infrastructure. The original scheme, approved in mid-2021 with an outlay of INR 6,322 crore, has already seen committed investments of INR 43,874 crore in the first two rounds, with INR 22,973 crore invested and over 13,000 jobs created. The new phase expands the push to reduce import dependence.Read more
The Delhi Jal Board (DJB) has announced plans to build a new sewage treatment plant (STP) in Rangpuri, located near the IGI Airport, to tackle the persistent sewage management issues in South Delhi. The plant, with a capacity of treating 15 million gallons of sewage daily, will enhance the city�s sewage infrastructure and improve the quality of water bodies. With the construction expected to begin soon, the project aims to address the city�s long-standing sewage treatment gaps, reducing untreated waste discharge into the Yamuna River. This move aligns with the DJB�s broader efforts to modernize and strengthen Delhi�s water management system.Read more
The Noida Authority has intensified its recovery drive against 22 residential projects that collectively owe around INR 5,560 crore, impacting nearly 9,750 homebuyers awaiting flat registrations. Under the state�s rehabilitation policy, developers could reduce dues to INR 4,260 crore by paying 25% upfront, but most have failed to comply. Of these, 12 projects partially paid their instalments, four made no payments, and six rejected the scheme entirely. The Authority has so far recovered only INR 29 crore, prompting cancellation notices, sealing actions, and legal proceedings. With registrations stalled and strict enforcement underway, the move underscores a renewed focus on accountability and buyer protection in Noida�s real estate sector.Read more
The Rajasthan Urban Development and Housing Department (UDH) has amended its development control regulations, prohibiting storage, warehousing, wholesale trading, weighbridges, and oil or gas depots within residential zones. Earlier permitted under special conditions, these activities are now fully barred to ensure a clear separation between residential and commercial land uses. The directive extends to commercial, industrial, public, recreational, transport, and mixed-use zones, with local bodies tasked to enforce compliance. The move follows a review of land-use disputes in fast-growing urban areas and aims to simplify planning norms, curb discretionary approvals, and align Rajasthan�s urban policies with national sustainability and deregulation standards, ensuring transparent and orderly development.Read more
The Telangana RERA Appellate Tribunal, led by Justice A. Santhosh Reddy, has ruled that landowners in joint development agreements (JDAs) are to be treated as co-promoters, not allottees or consumers, under the RERA Act. The judgment arose from appeals by landowners of the 'Sanali Pinnacle' project in Hyderabad, who sought higher penalties against the developer. The Tribunal held that since landowners share both profits and risks, they cannot seek buyer-level protection under RERA. It also clarified that a site board or a project listing without pricing details does not constitute advertising. By overturning the earlier RERA order, the ruling brings legal clarity to the roles of landowners and developers in JDAs.Read more
The Navi Mumbai Municipal Corporation (NMMC) Commissioner, Dr Kailas Shinde, held a comprehensive review meeting earlier this week with department heads to assess the progress of civic infrastructure works outlined in the 2025-26 municipal budget. The session focused on expediting road repairs, cleanliness drives, drainage maintenance, and enforcement against unauthorised banners. Dr Shinde emphasised effective inter-departmental coordination, the use of recycled water for street cleaning, and prompt administrative processes to ensure timely project completion. The meeting was attended by senior officials, including the Additional Commissioner and heads of engineering and finance departments.Read more
The Andhra Pradesh government has extended the submission period for its Layout Regularisation Scheme (LRS) by three months, shifting the cut-off to 23 January 2026, after observing a weak response from plot-owners and developers. The scheme, reintroduced with the aim of bringing unauthorised layouts and plots into the planning framework, was initially set to close at the end of October. Officials say the extension is intended to give more participants time to apply and to enhance compliance across urban local bodies.Read more
During a recent review meeting, Andhra Pradesh Chief Minister Shri N. Chandrababu Naidu directed officials to ensure timely completion of Amaravati's construction and avoid further delays. He asked for faster progress on infrastructure, landscaping, and returnable plot registrations for farmers who gave land under the pooling scheme. Officials informed that registrations for 2,471 farmers are still pending. Naidu instructed that reviews would be held every 15 days to track progress, stressing that rain-related delays must be recovered and coordination with key departments should continue smoothly.Read more
Assam Chief Minister Shri Himanta Biswa Sarma met with Railway Minister Ashwini Vaishnaw and pressed for expansion of the state's rail infrastructure. He requested that three new Amrit Bharat trains be introduced into Assam, advocated a new rail link between Umrangso (Dima Hasao district) and Lanka (Hojai district), and urged the early completion of the Kokrajhar-Gelephu line connecting India with Bhutan. He also asked for additional stoppages of major trains passing through Assam to benefit local passengers. The railway minister has reportedly given consent to take action on these items.Read more
The Enforcement Directorate (ED) has frozen assets worth approximately INR 75 billion (USD 853 million) linked to the Reliance Anil Ambani Group (RAAG) as part of an ongoing money-laundering investigation. The ED alleges that companies like Reliance Communications Ltd (RCOM) and its affiliates diverted INR 136 billion in loans, including a sum of USD 569 million from YES Bank, between 2017 and 2019. These loans were reportedly misused through a practice called loan "evergreening" and routed through shell companies. Additionally, bribes were allegedly paid to bank officials to facilitate these transactions.Read more