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Other Developments
A curated list of other prominent stories from this day.
11:34 PMEconomic Times Realty
Mumbai: Politician-developer on the run after court denies bail in ₹7 crore fraud case
Summary
A Thane sessions court rejected anticipatory bail for Shiv Sena politician and developer Shankar Kumar Jha, who is accused of cheating homebuyers of about ₹7.24 crore. The case has been handed to the Economic Offences Wing, and police say Jha is currently untraceable.
Why it matters
It tightens legal and enforcement risk for builder-politician actors and signals faster escalation for homebuyer fraud cases in Mumbai’s real estate market.
Produce approved, advertised drawings of Panchkula flat: Haryana REAT to DLF
Summary
Haryana's Real Estate Appellate Tribunal directed DLF and the state town planning department to submit the approved and advertised project drawings for a Panchkula apartment after a homebuyer challenged carpet area and price calculations. The tribunal also sought the occupation certificate linked to those approved drawings to verify what was permitted and what was delivered.
Why it matters
If the drawings and OC do not align with what was sold, the case can tighten disclosure and measurement enforcement across Haryana's apartment market.