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MPID Act

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MahaRERA Recovers ₹369 Crore for Homebuyers, Recovery Rate Stands at 45%

MahaRERA Recovers ₹369 Crore for Homebuyers, Recovery Rate Stands at 45%

Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered ₹369.45 crore in compensation…
Maharashtra government tightens rules to avoid delays in land acquisition court cases, ensuring faster justice and compensation for affected citizens.

‘Scam Within a Scam’: Bombay HC Exposes ₹50 Cr Fraud in NSEL Land Auction

In a landmark ruling, Bombay HC has termed the 2020 auction of NSEL-attached land a “scam within a scam”. A 35-acre Haryana plot valued at ₹60 crore was sold for just ₹10 crore amid rigged valuation, fake publicity and collusion. Court orders fresh transparent auction and returns buyer’s money.