Delhi-NCR and Gurugram are facing severe air pollution as the Air Quality Index (AQI) drops into the 'very poor' category. To combat rising pollution levels, the Commission for Air Quality Management (CAQM) has enforced GRAP-III restrictions under the Graded Response Action Plan (GRAP) to curb emissions and protect public health.
In a decisive move to uphold transparency and regulatory compliance in the real estate sector, the Haryana Real Estate Regulatory Authority (HARERA) has imposed a hefty fine of Rs 50 lakh on M/s Birla Estates Private Limited. The fine stems from violations under Section 3 of the Real Estate (Regulation and Development) Act, 2016, which strictly prohibits promoters from advertising or selling real estate projects without securing the necessary approvals and registrations.
The Haryana government has initiated a high-level investigation into the allotment of an affordable housing project in Sector 36, Sohna. The move comes after it was discovered that all 708 residential units were allotted exclusively to applicants from Sohna, sparking concerns about fairness and transparency in the e-draw process.
In a major legal development, the Supreme Court of India has put a hold on the National Company Law Appellate Tribunal’s (NCLAT) decision mandating NBCC (India) Limited to take charge of completing Supertech Limited’s stalled real estate projects. This ruling carries profound consequences for thousands of homebuyers anxiously waiting for their dream homes. Let's delve into the specifics of this landmark case.
The Adani Group, one of India’s largest conglomerates, has announced a massive investment of Rs 1.1 lakh crore across multiple sectors in Madhya Pradesh. This strategic move is set to drive economic growth, create thousands of jobs, and strengthen the state’s infrastructure.
The Municipal Corporation of Delhi (MCD) has introduced a significant tax relief initiative for property owners, aiming to ease the financial burden on residents. This latest move includes a house-tax waiver that will benefit thousands of homeowners across the city.