PMAY Homebuyers Cheated: ED Arrests OSBPL Head for Fraud, Fund Diversion and Cash-Based Resale Racket

The Enforcement Directorate has arrested OSBPL Managing Director Swaraj Singh Yadav for allegedly cheating PMAY homebuyers through fake cancellations, dual sales, and cash-based premiums. Searches recovered ₹86 lakh in cash, and a Delhi court has granted 14-day ED custody.

Real Estate Optimism Strengthens in Q3 2025 as Sentiment Index Climbs

The Knight Frank–NAREDCO Sentiment Index for Q3 2025 shows rising optimism in India’s real estate sector, with the Current Score climbing to 59 and strong confidence across residential and office markets despite global economic pressures.

ED Raids in Mumbai Uncover ₹59 Crore Assets in Probe Into Alleged Fraud at Lodha Developers

The Enforcement Directorate has seized assets worth ₹59 crore in raids across Mumbai as part of its money laundering probe against Rajendra Narpatmal Lodha. Investigators allege unauthorised property sales, fabricated MoUs and fund siphoning that caused major losses to Lodha Developers Ltd.

HC Imposes ₹1 Lakh Fine for Misleading Claim About Knowing Property Was Auctioned

The Bombay High Court has dismissed two writ petitions filed by Nashik-based borrowers after finding that they made “deliberately false statements” about their knowledge of a 2009 property auction. Calling it a misuse of judicial time, the court imposed ₹1 lakh costs and upheld the refusal to condone a 12-year delay.

India’s Retail Leasing Soars 65% YoY in Q3 2025, Hits 3.2 Million Sq Ft

India’s retail real estate market posted a sharp 65% YoY surge in gross leasing in Q3 2025, led by Delhi NCR and Hyderabad. With 8.9 million sq ft already leased in the first nine months, the sector has surpassed 2024’s full-year totals and is on track for a record-breaking 2025.