Odisha RERA (ORERA) fined two real estate developers ₹20 lakh each for advertising without registration and not issuing a sale agreement, respectively.
Rajasthan's UDH approves first online building plans for commercial projects in Jaipur, marking a shift towards digitization and transparency.
Haryana State Info Commission orders HSIIDC to publish NRI plot-owners list in Gurgaon online
Sahara chief Subrata Roy seeks court approval to deposit property deeds with nationalized bank amid ongoing dispute with SEBI.
Despite DDA's order and NGT's intervention, illegal constructions continue in Yamuna floodplains, fueled by pre-election promises and ongoing property transactions.
Chief Minister N Kiran Reddy has urged HMDA to expedite ongoing projects, approved preparations for the Secundrabad Cantonment area master plan, and introduced various initiatives including the Land Pooling Scheme.
Bombay High Court directs BMC and MHADA to take responsibility for dilapidated buildings, amidst rising building collapse incidents.
Delhi court orders immediate FIRs against illegal building owners/developers and CBI probe into senior officials' role in fake demolitions.
SEBI restricts Servehit Housing & Infrastructure from raising public funds over illegal real estate schemes, orders asset disclosure, and bars new scheme launches.
West Bengal's new property tax proposal faces criticism from CREDAI Bengal, citing increased transaction costs and negative impacts on the real estate sector due to inflated property valuations.
SEBI files petition with Supreme Court to hear all cases against Sahara firms and its chief, seeking to transfer cases from other courts and prevent further entertaining of applications by the firms.
Govt to Probe 18 Realty Firms for Alleged Forgeries & Dubious Schemes
HUDA removes construction deadlines for residential and commercial plots, allowing allottees to build based on financial stability. Extension fees apply after 12 years, with variations for plot sizes and commercial properties.
Securities Appellate Tribunal to hear Sahara's plea against SEBI's asset attachment
SEBI questions Subrata Roy Sahara and 3 other Sahara directors over asset details
SEBI seeks Supreme Court's permission to arrest Sahara Group's Subrata Roy and two directors for non-compliance with August 31 order to refund Rs.24,000 Cr to investors.
Budget 2013-14, announced by Finance Minister P. Chidambaram, introduces mixed measures impacting both high earners and common taxpayers, with changes in tax structures, luxury items becoming costlier, and benefits for first-time home buyers.
Delhi High Court directs DDA to investigate illegal residential plot dealings in the city. A PIL filed by a Delhi resident prompted the order, alleging illegal sale and purchase of plots allotted under DDA schemes.
Noida Authority reveals 50 developers haven't paid dues, causing a Rs. 3,000 crore loss. The authority plans to amend the 2008 scheme that allowed 10% upfront payment for land, intending to recover the substantial losses.
CREDAI criticizes BDA's redefined "apartment" and "group housing," citing vagueness and potential harassment for homeowners in Bhubaneswar.
Real estate developers clash with Maharashtra government over mandatory 20% EWS housing reservation in new projects.
CREDAI president Lalit Kumar Jain highlights Bihar's efficient real estate approvals, contrasting it with Maharashtra's slower system. He discusses challenges like approval delays and the 20% EWS reservation policy.
1% TDS proposed on property transfers exceeding ₹50 lakh in urban areas and ₹20 lakh elsewhere, effective October 1. The move aims to curb unaccounted money.
The Income Tax Department is investigating real estate deals in New Delhi to combat black money and tax evasion. They will scrutinize developer funding and individual transactions.
RBI & DIPP to regulate Real Estate Firms' access to External Commercial Borrowings (ECBs) with stricter norms, citing misuse concerns.