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Wadhawans Under Fire: ED’s Twin Strike Attaches ₹186 Cr in DHFL Fraud, Files New Charges in PMC Bank Scam
In a major two-pronged assault on financial crime, the ED has attached 154 flats and other assets valued at ₹185.84 crore linked to DHFL’s Kapil and Dheeraj Wadhawan. Simultaneously, a new chargesheet has been filed in the HDIL-PMC Bank scam, exposing a conspiracy to launder funds through fraudulent land acquisition in Sindhudurg.
MHADA Pune Lottery Opens for 4,186 Homes; Registration and Payment Process Begins
The MHADA Pune Board has launched a lottery for 4,186 residential units across various schemes, including PMAY and ‘First Come, First Serve’. The online registration and payment process is open from September 11 to October 31, 2025, with the final draw scheduled for November 21, 2025.
Expanding Cities: Built-up Footprint of India’s Top 8 Metros Doubles in 30 Years
India’s top 8 metros doubled their built-up footprint to 4,308 sq. km. in 30 years. Pune recorded the highest growth at 332%, while Delhi NCR added the most land—400 sq. km.—making it the largest metro footprint in the country.
Railways to Monetise Nearly 20 Acres of Prime Mumbai Land for Over ₹8,092 Crore
The Indian Railways’ Rail Land Development Authority (RLDA) is set to transform Mumbai’s urban landscape by monetizing close to 20 acres of prime railway land in Bandra East, Parel, and Mahalaxmi. This ambitious project, with a targeted value of over ₹8,092 crore, is designed to create a significant non-tariff revenue stream for the railways while injecting a much-needed supply of new commercial and residential properties into Mumbai’s perpetually constrained real estate market. Offered on a long-term, 99-year lease, the initiative aims to attract leading developers through a transparent e-tendering process, signaling a major step in unlocking the value of railway assets for urban growth and infrastructure modernization.
