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Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.
The Maharashtra Government has reconstituted the Balasaheb Thackeray National Memorial Trust, appointing Uddhav Thackeray as Chairman and several political leaders and officials as trustees. The move follows the expiry of the previous term and ensures continuity for the memorial’s development.

Fadnavis Govt Reconstitutes Balasaheb Thackeray Memorial Trust; Uddhav Thackeray Returns as Chairman Aaditya as Trustee

The Maharashtra Government has reconstituted the Balasaheb Thackeray National Memorial Trust, appointing Uddhav Thackeray as Chairman and several political leaders and officials as trustees. The move follows the expiry of the previous term and ensures continuity for the memorial’s development.
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

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.
India’s real estate sector closes 2025 on a stable note as sentiment scores hold above 60. Backed by strong office demand, improving funding conditions, and broad-based regional optimism, the market enters 2026 on firmer, more disciplined foundations.

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.
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

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.
The Bombay High Court on March 6, 2026, dismissed a petition alleging a co-op society's voters' list ballooned from 23 to 61 members, ruling petitioners ignored the objection remedy and that factual disputes require evidence, not writ jurisdiction.

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.