Notandas Realty directors acquire Juhu bungalow Villa Wilson for ₹135 crore

The property is spread over a 1,038.50-sq-metre plot and is located near Amitabh Bachchan’s bungalow Jalsa. It is the directors’ second bungalow acquisition in Juhu in 2026.

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Ranchi I-T surveys detect ₹50 crore undisclosed income at realty groups

The Income Tax investigation wing has detected undisclosed income worth Rs 50 crore. Surveys were conducted on five premises of Panache Realtors and Dayanand Modi Group. I-T teams are analyzing documents and digital data, including chats related to cash transactions. Partners of both real estate groups are currently being questioned by authorities. Tax evasion was allegedly found in Rosewood apartment projects in Lalpur.

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Delhi government probing into building plans cleared without IFC payment

Delhi government is investigating building plans approved without infrastructure charges. Thousands of crores in revenue loss are estimated due to this evasion. Many property owners allegedly used fake documents for approvals. The government will recover dues and may seal properties if payment is not made. This action follows a reduction in infrastructure charges by up to seventy percent.

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L&T Realty buys land in Central Delhi for ₹200 crore

L&T Realty Developers has acquired a 2.5-acre land parcel in central Delhi for nearly ₹200 crore. The developer plans to construct a boutique luxury residential project on this acquired site. This acquisition follows L&T Realty Properties' earlier stake purchase in Gurugram. The existing L&T office structure will be demolished for the new residential development.

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UP-RERA mandates separate bank account for IFMS deposits in real estate projects

UP-RERA has notified amendments introducing a framework for collection, management, transfer and utilisation of Interest Free Maintenance Security funds. Promoters will have to transfer the entire IFMS corpus to RWAs or associations of allottees at the time of handing over common areas.

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SC transfers money-laundering case involving Amit Katyal to Delhi

The Supreme Court moved Amit Katyal's money-laundering case to Delhi. This case involves alleged cheating of homebuyers in Gurugram. The Enforcement Directorate arrested Katyal last year in this matter. Investigations revealed fraudulent bookings and fund diversion by his company. This action follows allegations of duping buyers of hundreds of crores.

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CBI files sixteenth chargesheet against Noida builder, bank officials

The CBI filed its sixteenth chargesheet concerning alleged large-scale homebuyers' fraud cases. A Noida-based real estate company and bank officials face accusations of conspiracy. These individuals allegedly cheated buyers and investors through fraudulent and deceptive means. The investigation has unearthed substantial evidence of illegal activities and financial impropriety. The agency continues to probe thirty-three other similar cases across the country.

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