LAND COMPENSATION RULING
Kentucky company paid $800,000 for Ohio river land, but why was its compensation lawsuit over floodplain rules ruled premature
A Kentucky company that bought four acres along the Ohio River for $800,000 sued local authorities, claiming floodplain rules had stripped the property of its economic value. But an appeals court rejected the claim, saying the company had never applied for a variance or obtained a final decision on what it could build.
Andhra landowners sought 20x compensation after price boom, but lost case in High Court for this reason
The Andhra Pradesh High Court rejected the landowners’ request for enhanced compensation by noting that the landowners relied on market values from 2010 despite the government acquiring lands in 2008. The landowners claimed their compensation was inadequate due to significant market price increases occurring later. The high court emphasized compensation should be based on the market value at the time of acquisition.
85 homebuyers purchase flats in Ghaziabad society, two towers illegally constructed on defence land face demolition, Allahabad HC orders builder to refund residents with 10% interest
Allahabad High Court has ordered the demolition of two illegal 10-storey towers at Ghaziabad's Gulmohar Greens and extra floors in four other towers. It directed an FIR against Friends Land Developers, imposed a Rs 25 lakh penalty and ordered refunds to 85 ground-floor residents for common areas sold illegally, with 10% interest.
In the 1890s, gold drew up to 3,000 people to Duncan, Colorado; by 1900, most buildings had been dismantled after US marshals moved to remove them
Duncan was a booming settlement that sprang up during Colorado's gold rush in 1874, attracting around 3,000 fortune seekers. Despite its initial promise, the town began to crumble by 1900 due to complicated land ownership disputes. Many families abandoned Duncan, relocating to the nearby Liberty, which also faced a slow decline. This narrative highlights the hardships endured by pioneers in pursuit of wealth during this vibrant yet turbulent era.
Noida farmers' Rs 35 crore vanished from PNB village branch: How customers' savings disappeared without OTPs, withdrawal forms or message alerts
At least 16 account holders, mostly farmers, have accused employees of Punjab National Bank’s Aichhar village branch in Greater Noida of allegedly diverting fixed deposits worth an estimated Rs 35 crore. The bank has suspended five staffers, including the branch manager, and launched an internal probe. Police have registered an FIR and begun an investigation, while customers have protested outside the branch demanding the return of their money.
Arunachal Pradesh faces protests over 11,000-MW Siang dam, 1,605-MW Subansiri project
Protests erupted in Arunachal Pradesh over proposed hydropower projects, causing violent clashes and significant unrest. People oppose the Siang Upper Multipurpose Project and the Subansiri Upper Hydroelectric Project, voicing concerns over environmental damage. Chief Minister Pema Khandu emphasized the need for careful assessment of the projects before proceeding. The proposed developments are linked to fears of water security due to China's dam projects upstream.
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Amid supply chain issues, India's strategic mining in critical state
India's mining sector remains underdeveloped due to high import dependence and severe execution bottlenecks. Challenges include land acquisition difficulties, uncoordinated state-level regulations, and environmental concerns related to mining activities. The Centre has urged states to improve the operationalisation of mines, with only a fraction currently active. Various stages of clearances have delayed the progress of numerous mining projects in different regions.
In 2018, a $6,123 tax debt put a New Orleans property in play; a $6,883 tax-sale bid led to a legal battle over ownership
James M. Thorrick, on September 20, 2004, bought the property at 739-741 Montegut Street. According to the court records, he failed to pay property taxes for 2016 and 2017, and this left a tax debt of $6,123.78. On April 10, 2018, the property was put up for a tax sale. Equity Trust paid $6,883.12 for a tax-sale certificate.
Landowner gets Rs 6 crore by selling TDRs received for giving up land for road widening, pays no tax; ITAT Bangalore rules TDR sale taxable as capital gains
For giving up 2,839 sq. metres of land, BBMP gives landowner TDRs which landowner sells to builder for Rs 6 crore; Income Tax Dept sends notice; ITAT Bangalore rules TDR sale attracts capital gains tax
More than just football: How scandal-tainted City led Manchester's rebirth
Before City -- now embroiled in the biggest financial scandal to hit football's cash-rich Premier League -- moved to the area it was "very deprived" with high rates of unemployment, he said. Since the club's takeover by deep-pocketed Abu Dhabi investors in 2008, long-neglected districts between the stadium and the city centre have become symbols of the northern city's rebirth.
Warren Buffett calls out the worst accounting trick in corporate America, and the analysts who help it along
Every loan that Warren Buffett’s home business makes, it keeps. When the borrower stops paying, the loss is borne by his company rather than somebody who bought the paper years ago. Buffett contrasts that with how the last housing crisis was built, and then applies the same test to accounting, to executive pay, and to the numbers analysts repeat without checking. One question runs through all of it, and almost no annual report answers it.
In 1979, Oregon family sold 1,843 acres, IRS demanded tax, then mostly lost: How a ruling changed tax-deferred property exchanges
Back in 1967, an Oregon family's sale of their 1,843 acres of timberland sparked a major dispute with the IRS. The case ended up in the Ninth Circuit, which in 1979 mostly sided with the family on how they handled a delayed property swap under Section 1031, but ruled against them on some properties and interest issues.
US couple awarded thousands of dollars after logging crew cuts more than 1,000 trees from their Mississippi land; how photos, stump records and a survey helped them win
A Mississippi couple won thousands of dollars judgment after a logging company working on neighbouring land crossed the property boundary and cut 1,299 trees from their acreage. Gerald and Rhonda Smith used photographs, handwritten tree counts and stump measurements to document the damage, while a professional survey established the correct property line. The Mississippi Court of Appeals upheld the award in October 2025.
Bengaluru homebuyers paid Rs 1.15 crore, waited over 20 years without possession; builder ordered to pay Rs 1.51 crore including full refund with 9% interest
Buyers of a stalled Bengaluru housing project moved the National Consumer Disputes Redressal Commission after waiting more than two decades for possession. The commission ordered the builder to refund every rupee paid, with interest, along with compensation for the harassment caused.
Can a married daughter inherit government-allotted land? HC protects her rights under the Hindu Succession Act
Married daughter’s right in 3 bigha 2 biswas agri land granted by govt to her father protected by HC under Hindu Succession Act. Read this article to know how.
Employee goes from $80K analyst to $95K team lead in 8 months, then tells his boss he wants a $100K base salary at the next review; now fears he may have ‘soured’ their relationship
A 26-year-old employee says he went from an $80,000 analyst role to a $95,000 team lead position in just eight months, then told his boss he wanted a $100,000 base salary at his next review.The conversation left him wondering whether being upfront about his salary goal had “soured” his relationship with his boss, sparking a wider debate on Reddit about pay expectations and career growth.
Siang project not just hydropower, vital for national security: Arunachal Pradesh CM Pema Khandu
Arunachal Pradesh chief minister Pema Khandu said that the Siang Upper Multi-Purpose Project should not be viewed merely through the prism of a conventional hydropower project, but as a national project with wider strategic and security implications.
Admission cancelled, Rs 21,000 fee refund denied; student didn't even attend any classes; court orders school to pay Rs 36,000
A father in Secunderabad paid Rs 21,000 to admit his daughter at a Hyderabad school in February 2019, only to cancel the admission within a week after his plan to shift residence fell through. The school refused to refund the money, calling it non refundable, even though the child never attended a single class. Seven years later, a consumer commission has ordered the school to pay him a total of Rs 36,000.
Rising sulphur prices put fertiliser sector under pressure, threaten higher subsidy burden
Landed sulphur prices in India have doubled since January to around $1,050-1,100 a tonne, according to industry estimates.
Family land dispute: Karnataka HC upholds partition based on Taluka Surveyor’s report; owners can separately claim encroached portions
While family was disputing about their properties, neighbours grabbed some lands and encroached it; Karnataka HC upholds partition of properties based on Taluka Surveyor’s report and allows property owners to make separate claims for over land encroached by neighbours. This judgement was given by Justice Hanchate Sanjeev Kumar of Karnataka High Court.
₹1 crore accidental death claim rejected over alleged income inflation; here’s why wife won against insurer
An insurer's attempt to deny a Rs 1 crore accidental death claim based on alleged income inflation backfired. The consumer commission ruled that insurers must prove deliberate misrepresentation, not just suspicion, influenced policy issuance. This landmark decision emphasizes the need for concrete evidence over mere allegations when repudiating claims.
Das Kapital formation: Bengal needs clear intent to build industry, not shallow politics
West Bengal debates industrial land assembly mechanisms like acquisition and land pooling. Attracting capital requires institutional credibility and confidence in stable rules. The government is examining land pooling and industrial park development. Large contiguous land parcels are essential for investor confidence and project execution. Genuine intent to build industry is needed, not just political rhetoric.
A couple bought Marilyn Monroe’s final Los Angeles home and planned to demolish it; the city declared it a historic landmark, triggering a federal battle over property rights and lost value
Marilyn Monroe's former home in Los Angeles has transformed into a controversial site as owners contest the city's decision to designate it for historic preservation. They argue this infringes upon their Fifth Amendment rights, asserting they shouldn't be financially burdened for public benefit. Meanwhile, the city defends its initiative as an essential function of local governance, raising crucial questions about the interplay of historical preservation and individual property rights.
A Georgia cattle farmer faces losing 225 of his family’s 450 acres to eminent domain; century-old pecan trees were cleared for a proposed 730-acre airport
A Georgia farmer faces losing hundreds of acres of ancestral land for a new airport. Eminent domain allows the county to take the property without the farmer's consent. Construction of the proposed airport is scheduled to begin in 2026. This development highlights the ongoing loss of farmland to infrastructure projects nationwide. The farmer's century-old pecan grove will be replaced by a runway for private jets.
Builder fails to deliver pool, gym, spa and other amenities; Karnataka RERA orders Rs 10 lakh compensation to homebuyers
Bangalore: For lack of pool, open gym, spa, open amphitheatre & other amenities by builder as promised, homebuyers win Rs 10 lakh compensation; Karnataka RERA order. Know how the homebuyers won.
TVK’s Rs 79,219 crore spending push raises fresh concerns over Tamil Nadu finances
The Tamil Nadu government announced a massive Rs 79,219 crore budget for development projects. This spending faces criticism amid concerns about the state's growing debt burden. A panel will seek additional funds to manage fiscal pressures and debt. The budget includes significant infrastructure and welfare initiatives for the state. The government aims for economic recovery and future growth despite current difficulties.
The cookie jar: Rs. 403 crore of expected losses simply disappeared, and turned into profit. Nobody had earned a rupee
A provision is simply management's estimate of a future cost the company can already see coming: Repairs under warranty, a lawsuit it might lose, a loan that may not be fully repaid. Recording it lowers today's profit to prepare for tomorrow's bill, which is prudent and normal. The catch is that it is an estimate, and estimates can be bent.
Real estate firm promised Rs 60,000 every month for a Rs 17.5 lakh investment, paid Rs 30,000 for six months, then stopped; court orders company to pay client over 55 lakh
A Hyderabad consumer commission has ordered a real estate company to pay over Rs 55 lakh to a customer after finding that it stopped honouring a lease agreement tied to a white sandalwood plantation investment. The customer had invested Rs 17.5 lakh in 2023 on the promise of Rs 60,000 a month, but received only Rs 30,000 for six months before payments stopped altogether.
No possession of flat after 3 years of signing sale agreement: Homebuyer to get Rs 14.17 lakh refund with Rs 6.4 lakh interest; know how she won the case in TGRERA
No flat delivered even after three years of signing sale agreement: Homebuyer wins refund with Rs 6.4 lakh interest, TGRERA order. Laxmi Narayana Jannu, and K. Srinivasa Rao, members of the Telangana RERA heard this case.
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