Karnataka High Court rejects CM Siddaramaiah's petition, paves way for probe into MUDA land allotment scam
Karnataka High CourtMuda ScamSiddaramaiahBjpCongressReal Estate NewsSep 24, 2024

The MUDA scam refers to the alleged irregularities in the allotment of land by the Mysore Urban Development Authority (MUDA) to private developers.
Karnataka Chief Minister Siddaramaiah and his family members are accused of being involved in the scam.
The Karnataka High Court has rejected Siddaramaiah's petition challenging Governor Thaawarchand Gehlot's approval for a probe into the scam.
The BJP has been demanding Siddaramaiah's resignation over the scam, accusing him of engaging in corruption and nepotism.
The Congress has been defending Siddaramaiah, accusing the BJP of engaging in revenge politics.

A Mumbai-based real estate developer and CEO have been booked for allegedly forging documents and duping a partner of ₹13.65 crore in a Bhandup land deal.

According to data from the Inspector General of Registration (IGR), Maharashtra, property registrations in Mumbai witnessed a remarkable 22% year-over-year increase, with 11,861 homes registered in October 2024, compared to 9,736 in November 2023.

Zoho CEO Sridhar Vembu discusses the potential deflation of the AI bubble and emphasizes the enduring importance of real engineering work in the tech industry.

The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.

Mumbai witnessed a surge in property registration in March 2025, driven by the impending hike in reckoner rates set to take effect from April 2025. This surge highlights the robust demand in the city's real estate market.

Real estate deal volumes soared by 133% in the first quarter of 2025, driven predominantly by private equity (PE) investments, which accounted for 88% of the total transactions.