After Gejha land payout scam Noida rewrote compensation rules

As the Supreme Court on Wednesday directed the Uttar Pradesh Police’s special investigation team (SIT) to complete within two months its probe into excess payouts by the Noida authority in land compensation cases, officials said the revelations that triggered the inquiry had already forced a policy overhaul in the Authority’s compensation system. The case in […]

Maharashtra Tribunal blames developer’s ‘greed’ for Panvel project delay and orders interest compensation to the buyer

The Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s Sanvo Resorts Pvt Ltd to pay interest to a homebuyer for the delayed possession of an apartment in its Marathon Nextzone project in Panvel, near the upcoming Navi Mumbai International Airport (NMIA). Delayed possession: Maharashtra Real Estate Appellate Tribunal (MREAT) has directed Marathon Group’s […]

Bengaluru Business Corridor: Landowners demand fair compensation, reject 35% land return clause

Bengaluru’s long-delayed Peripheral Ring Road (PRR) project has sparked new outrage among landowners after the government issued a revised order on October 17, laying out a fresh compensation and development framework. The ₹27,000-crore project, now renamed the Bengaluru Business Corridor (BBC), will span 2,560 acres across East, North, and South Bengaluru. It will be implemented […]