Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Asset class : Land

Six million families to benefit as Maharashtra clears Fragmentation Act violations

The Maharashtra government has allowed free regularisation of land parcels purchased in violation of the Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act for transactions made between 15 November 1965 and 15 October 2024. The directive removes notes about fragmentation violations from 7/12 land records and ensures rightful buyers are recorded as occupants. The decision, backed by a recent government notification, is expected to help about 6 million landowners, including many in urban, commercial, and peripheral regions. Unregistered transactions can also be legally registered after paying stamp duty and registration fees.Read more

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GCDA clears land-pooling plan for Infopark Phase III in Kochi

The Greater Cochin Development Authority (GCDA) has approved the land-pooling process for Infopark Kochi's Phase III development in Kunnathunad taluk. The plan aims to bring together around 500 acres for an integrated IT and AI-focused township, marking one of Kerala's largest land-pooling exercises. GCDA will handle land identification and coordination with landowners, while Infopark will lead overall development. A land-pooling office has already started functioning, and early assessments indicate strong potential for investment and long-term technology-led growth in the region.Read more

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Goa's District Collectors directed to publish land-conversion sanads online

The Goa State Information Commission has instructed the district collectors of North and South Goa to upload all land-conversion sanads on a public portal. The directive followed a complaint stating that authorities had not fulfilled their obligations under the RTI Act's proactive disclosure provisions. The information to be uploaded includes applicant details, survey numbers, application and sanction dates, and a plan showing the converted portion of land. The order aims to strengthen transparency and reduce the volume of individual RTI requests.Read more

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GNIDA launches INR 3,604 crore commercial plot e-auction across key sectors

The Greater Noida Industrial Development Authority (GNIDA) has launched a major commercial property scheme, offering 37 plots worth a combined INR 3,604 crore through e-auction. Located in key sectors such as Sector 3, 10, 12, Ecotech-1 Extension and Ecotech-12, the plots come under two FAR categories: FAR-4 for large vertical developments like malls, hotels and office towers, and FAR-2 for smaller commercial uses. GNIDA has set strict conditions, including a ban on plot subdivision or amalgamation and a five-year project completion deadline. Reserve prices are substantial, with several plots valued between INR 91 crore and INR 216 crore. Strong investor interest is expected, supported by Greater Noida's improving connectivity and upcoming airport.Read more

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Odisha prepares new land governance law to simplify record management

The Odisha government is working on a new Land Management Act that will replace several old revenue laws and make land record management easier for citizens. The proposed law will allow people to handle mutation and related services through local tehsildars, who will also receive more authority through amendments to the Survey and Settlement Act. A detailed report on Puri's complex land ownership structure has been sought to guide further reforms. The move is aligned with the state's broader push to simplify land classifications and improve transparency.Read more

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Rajasthan HC gives government final chance to respond on illegal colonies on RHB land

The Rajasthan High Court has asked the state government to file a detailed reply by December?9 on the issue of 86 unauthorised colonies developed on land acquired by the Rajasthan Housing Board (RHB). Despite earlier High Court orders and a rejection of the government's appeal by the Supreme Court, neither the RHB nor Jaipur Development Authority (JDA) has reclaimed possession or removed encroachments. The petition filed by Public Against Corruption highlighted that influential individuals continue to occupy and construct on the land illegally, calling for strict action.Read more

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Telangana High Court permits Budwel land e-auction under specific conditions

The Telangana High Court has allowed the Hyderabad Metropolitan Development Authority (HMDA) to proceed with the e-auction of 4.19 acres of Budwel land in Rajendranagar, which had been set aside earlier this year. The division bench suspended the single-judge order that had favoured private claimants, directing the Rangareddy district collector to decide on ownership claims by mid-December. While HMDA can continue with the auction, it cannot declare the highest bidder until after December 31. The case has been scheduled for its next hearing in January 2026.Read more

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Maharashtra clears INR 3,000 crore guarantee for Nagpur's new IBFC land acquisition

Maharashtra has approved a state guarantee of INR 3,000 crore for a HUDCO loan to acquire land for the International Business and Finance Centre in Nagpur. The project, part of the 'New Nagpur' initiative, will be developed by NMRDA across 692 hectares in Godhani and Ladgaon villages. The total loan planned is INR 6,500 crore, with strict conditions ensuring the state bears no liability for defaults. NMRDA must submit regular reports, and any sale of mortgaged assets requires committee approval. The IBFC aims to make Nagpur a central Indian business hub.Read more

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Bhubaneswar civic body set to expand limits to include nearby villages under its jurisdiction

The Bhubaneswar Municipal Corporation (BMC) has advanced its proposal to expand the city's limits by incorporating 72 nearby revenue villages into its administrative boundary. The move follows the receipt of consent from these village communities and aims to improve civic governance, streamline urban services, and facilitate long-term development planning in the city's peripheral areas. The expansion will increase the BMC's existing zones from three to six and enable better delivery of essential services such as sanitation, water supply, and waste management.Read more

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India hosts its first IFLA Global Studio in Mumbai

India hosted its first IFLA Global Studio Program (GSP) earlier this week at Vivekanand Education Society's College of Architecture (VESCOA), Mumbai, as an allied event to the upcoming Asia Pacific Regional Congress 2025. The initiative brought together students from India and across the globe to deliberate on the theme 'Reimagining Urban Landscapes: Negotiating Mumbai's Paradoxes.- Organised by the Indian Society of Landscape Architects (ISOLA), the five-day charette focused on addressing urban challenges through collaborative design and innovation, encouraging cross-border academic engagement in landscape architecture.Read more

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MMRDA to lease 10,860 sq m Wadala plot, paving way for city's next growth corridor

The Mumbai Metropolitan Region Development Authority (MMRDA) has invited bids to lease a 10,860 sq. m. commercial plot in Wadala, valued at a reserve price of INR 1,629 crore. With a high permissible FSI of 10, the site offers a built-up potential of 1,08,600 sq. m. Located in the Wadala Notified Area, the plot is part of MMRDA's plan to develop Mumbai's third central business district after BKC and Nariman Point. Enhanced by metro, monorail, and freeway connectivity, the initiative aims to attract large-scale commercial investment and generate non-fare revenue for regional infrastructure. The project marks a key step in decentralising Mumbai's commercial growth.Read more

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The House of Abhinandan Lodha unveils plans for 'Nagpur Marina' at Futala Lake

The House of Abhinandan Lodha (HoABL) made a grand entry into Nagpur with the announcement of its upcoming project Nagpur Marina through a striking aerial display over Futala Lake. Pilots flew paramotors carrying banners to introduce the brand, symbolising the marina-inspired lifestyle HoABL aims to bring - blending tranquillity with community living. CEO Samujjwal Ghosh said the launch marks a key milestone as Nagpur emerges as an economic and lifestyle hub, while CMO Saurabh Jain described the showcase as a creative, immersive brand experience. Founded in 2020, HoABL has rapidly grown across India, combining technology and transparency to redefine modern, trust-based real estate ownership.Read more

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Aakar Developers wins INR 2,120 crore bid for 10-acre CIDCO plot in Kharghar

In one of Navi Mumbai's biggest land deals, CIDCO sold a 42,000 sq. m. (over 10-acre) plot in Kharghar's Sector 23 to Aakar Developers for INR 2,120 crore, translating to about INR 5 lakh per sq. m. - the highest rate recorded in the area. The developer must pay 50% of the amount within three months. While higher FSI has improved project viability, the four-year completion deadline and strict penalties remain challenges. The deal cements Kharghar's position as a premium real estate hub, supported by strong infrastructure, education, and lifestyle amenities, as Aakar Developers prepares to deliver on this landmark investment.Read more

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Mumbai to host IFLA Asia Pacific Landscape Congress 2025 at Jio World Centre

The Indian Society of Landscape Architects (ISOLA) has announced the upcoming International Federation of Landscape Architects (IFLA)�Asia Pacific Regional Congress 2025, to be held in Mumbai later next year. Centred on the theme "Growth Paradox: Reimagining Landscapes," the event will bring together leading professionals and policymakers to deliberate on redefining urban growth through sustainability, inclusivity, and ecological balance. Supported by BMC, IGBC, and CREDAI�MCHI, the congress will feature over 40 speakers, exhibitions, panel discussions, and a Global Landscape Studio initiative.Read more

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GDA to invite public objections for land acquisition in Indirapuram extension

The Ghaziabad Development Authority (GDA) is set to invite public objections before moving ahead with the acquisition of approximately 153 acres of land under the Indirapuram Extension scheme. The move follows a direction from the Allahabad High Court, which instructed the authority to follow due process and compensate affected farmers at up to twice the 2014 circle rate. The notification for land acquisition in Mohiddinpur Kanawani village was issued earlier this week.Read more

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Maharashtra reforms land laws, adds 49 lakh owners to official records

The Maharashtra government has regularised long-disputed land parcels previously restricted under the Fragmentation and Consolidation of Holdings Act, 1947, providing long-awaited relief to millions of landowners. A new notification exempts non-agricultural lands from the Act, recognising transactions made between November 1965 and October 2024 without extra charges. Around 49 lakh landholders � impacting nearly two crore people � will now have their names reflected on 7/12 land records. Registered sale deeds will be updated automatically, while unregistered ones must be formalised. The reform streamlines land laws, clarifies ownership, and boosts transparency in property records across Maharashtra�s urban and peri-urban areas.Read more

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Chandigarh completes drone mapping phase under Naksha project

The Chandigarh administration has completed the drone-based data collection phase of the Naksha project, covering 15 city sectors and five villages. The collected data has been processed into high-resolution digital base maps that will help in creating urban property cards and integrating ownership details. The next stage will involve field verification, public participation, and data validation through a digital platform. The project aims to streamline urban land management, improve transparency, and reduce property-related disputes by linking accurate geospatial and ownership records.Read more

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BMC to lease Mulund dumping ground land to Adani Group for Dharavi redevelopment support

The Brihanmumbai Municipal Corporation (BMC) has approved leasing around 15 acres of land at the closed Mulund dumping ground to Navbharat Mega Developers Private Limited (NMDPL), an Adani Group special purpose vehicle (SPV) executing the Dharavi Redevelopment Project with the Maharashtra government. The lease, set for 10 years, will carry an annual rent of INR 18.35 crore at a rate of INR 252 per sq m per month. The land will be used to set up casting yards, precast units, and RMC plants essential for construction. However, the site still holds around 50,000 metric tons of solid waste awaiting clearance before work begins.Read more

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RERA Tribunal rules JDA landowners to be treated as co-promoters

The Telangana RERA Appellate Tribunal, led by Justice A. Santhosh Reddy, has ruled that landowners in joint development agreements (JDAs) are to be treated as co-promoters, not allottees or consumers, under the RERA Act. The judgment arose from appeals by landowners of the 'Sanali Pinnacle' project in Hyderabad, who sought higher penalties against the developer. The Tribunal held that since landowners share both profits and risks, they cannot seek buyer-level protection under RERA. It also clarified that a site board or a project listing without pricing details does not constitute advertising. By overturning the earlier RERA order, the ruling brings legal clarity to the roles of landowners and developers in JDAs.Read more

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Andhra Pradesh extends layout regularisation scheme deadline amid slow uptake

The Andhra Pradesh government has extended the submission period for its Layout Regularisation Scheme (LRS) by three months, shifting the cut-off to 23 January 2026, after observing a weak response from plot-owners and developers. The scheme, reintroduced with the aim of bringing unauthorised layouts and plots into the planning framework, was initially set to close at the end of October. Officials say the extension is intended to give more participants time to apply and to enhance compliance across urban local bodies.Read more

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