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Other Developments
A curated list of other prominent stories from this day.
11:49 PMEconomic Times Realty
Haryana: HSVP official’s presence mandatory for registration of auctioned plots
Summary
Haryana has changed the registration process for HSVP-auctioned plots, requiring an HSVP official to be present at the tehsil office when the sale deed is registered. Registrations will not be completed without this official attendance.
The state has added a mandatory HSVP sign-off at the point of registration. That shifts
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Why it matters
A procedural gate at registration can slow possession timelines, raise compliance risk, and change how aggressively buyers price HSVP auctions.
SC asks Parsvnath Developers to file report on pending cases against it
Summary
The Supreme Court ordered Parsvnath Developers to file a status report on pending cases against it and directed the company to complete a homebuyer’s dwelling unit within one week. The bench warned it could jail company directors for non-compliance, even though the firm has deposited the required amount with interest with the registry.
The court escalated enforcement from financial compliance to personal liability for directors. That raises the
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Why it matters
The order signals tougher, faster judicial pressure on delayed real estate deliveries and increases downside risk for developer leadership when projects stall.
Virat Kohli and Anushka Sharma bought an apartment in Godrej Skyshore in Versova, Andheri West, for ₹18.29 crore. The unit has a RERA carpet area of 245.71 sq metres including adjacent exclusive area, and includes three car parking spaces.
A marquee celebrity purchase just validated pricing power in a premium micro market outside South
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Why it matters
High-profile transactions can reset local benchmarks and strengthen developer leverage in Mumbai’s premium western suburbs.