The Allahabad High Court has ruled in favor of Empire E-Parks, directing the Greater Noida Authority to grant a full ‘zero-period' waiver. This waiver covers interest and penal interest accrued during an 18-year construction delay. The delay was due to the company's inability to take possession of the allotted land.
Following Supreme Court directives, the CBI has registered 22 FIRs investigating a builder-bank nexus that allegedly cheated homebuyers in the NCR region. Searches were conducted across 47 locations in Delhi and NCR, targeting prominent builders and financial institutions. The investigation stems from a subvention scheme where developers defaulted, leaving homebuyers to repay loans for unpossessed flats.
The National Green Tribunal addressed environmental violations in Gurgaon's Aravali forest, acting on a petition citing encroachment and illegal construction. Notices were issued to Haryana government departments following allegations of unauthorized buildings, parking lots, borewells, and pollution. The petition seeks demolition of illegal structures, wildlife corridor protection, and a monitoring committee, with a hearing scheduled for October 29, 2025.
A Coimbatore consumer commission instructed PNB Housing Finance to compensate a customer. The firm lost Murugesan's original property documents after he settled his loan. Murugesan and his son, Prabhakaran, jointly took a housing loan. The commission directed the firm to obtain a non-traceable certificate. They must also initiate cancellation of the deposit memorandum.
The Telangana High Court criticized a Hyderabad businessman for contesting the legality of approvals for a residential project in Hafeezpet. The court warned the petitioner against misusing the judicial system. The petitioner alleged irregularities in building approvals and environmental clearances. The court permitted the withdrawal of the petition after the petitioner's counsel apologized.
The Gujarat High Court has lifted a stay on the GujRERA order to detain Pacifica Developers' officials, including Rakesh Israni, for failing to hand over a house to a customer and allegedly selling it to another party. The court also initiated contempt proceedings against Israni and other office bearers for making false statements.
The Bombay High Court moved a builder fraud case to the Mumbai Crime Branch. This action followed serious investigative failures by the Economic Offences Wing. Victims alleged a scam exceeding Rs 100 crore. The court criticized EOW's handling, citing inaction and negligence. Concerns arose over frozen accounts and untracked property transactions. The Crime Branch will now investigate the matter further.
The Bombay High Court has strongly criticized Mhada for its executive engineers' misuse of power in issuing over 900 redevelopment notices for cessed buildings, deeming them dangerous without proper jurisdiction. The court highlighted the arbitrariness and illegality of these actions, potentially driven by vested interests exploiting redevelopment incentives.
The Supreme Court has greenlit the redevelopment of Mumbai's Motilal Nagar under MHADA's C&DA model, dismissing challenges from residents' associations. The project, executed with Adani Realty's Estatevue, will rehouse 3,700 residents in modern 1,600 sq ft apartments, a significant upgrade from their existing 230 sq ft homes.
Mumbai police have filed a chargesheet against Amit and Vicky Wadhwani of Sai Estate Consultants for allegedly cheating MAD (India) Pvt Ltd out of over Rs 11 crore. The advertising agency claims the Wadhwanis failed to pay for services rendered between 2017 and 2024.
Indore police have registered a case regarding a land registry scam potentially worth ₹100 crore. The investigation was initiated after discrepancies were found in the registration department's record room, including mismatched buyer/seller details and missing fingerprints on documents.
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