Punjab's Sector-Specific Committee for Real Estate has confirmed dedicated meetings in Ludhiana with builders and development authorities to strategize investment growth and implement regulatory improvements for the city's property market.
The Punjab government has revoked part of a Change of Land Use (CLU) permission for an industrial colony in Mohali's Sector 102 after uncovering forged documents. This action strips 1.3 acres from the project, leaving 200 investors with Rs 250 crore at risk and highlighting tougher land use enforcement amid rising concerns over developer practices.