The Bombay High Court has clarified that CIDCO's 22.5 percent developed land return scheme is optional for landowners, who can instead demand full monetary compensation under statutory land acquisition laws, strengthening property owner rights in major infrastructure zones.

TGRERA imposed ₹14.9 lakh penalty on Bhuvanteza Infrastructures for selling unregistered Aura Velimala project. 62 buyers to get refunds with 11% interest. Strong enforcement for RERA compliance.RetryClaude can make mistakes. Please double-check responses.

Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.