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

Thane civic body launches special squad to curb illegal constructions

The Thane Municipal Corporation has launched a dedicated squad to curb unauthorised constructions in Diva and Mumbra, areas that have witnessed a spurt in such activity. The decision followed a high-level review, after which officials took immediate action against 227 illegal structures and registered 24 criminal cases. With the monsoon intensifying structural risks, the civic body also ordered evacuations of unsafe buildings while tasking the squad with continuous vigilance and enforcement.Read more

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Hyderabad Metropolitan Development Authority to auction 93 prime plots from September 17

The Hyderabad Metropolitan Development Authority (HMDA) is set to auction 93 prime plots across Hyderabad from September 17 to 19. The plots are located in areas including Bachupally, Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, and Medipally. The upset prices range from INR 35,000 to INR 1.75 lakh per square yard. The proceeds from the auction will fund key infrastructure projects, including two elevated corridors and a greenfield radial road in Future City.Read more

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HYDRAA reclaims INR 400 crore land in Madhapur after decade-long encroachment

The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has reclaimed 16,000 sq yards of prime government land worth about INR 400 crore in Madhapur, near the Hitex arch. The land, encroached for over a decade, included parks and road areas from a 22.2-acre layout approved in 1995 and later regularized. Acting on citizen complaints via its Prajavani platform, HYDRAA cleared illegal structures, including a restaurant and hoardings, freeing two public parks, 5,000 sq yards of road, and additional government land. Fencing and signage have been installed to prevent re-encroachment, while a police case has been filed against the main offender.Read more

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Noida administration bans construction near Jewar Airport without NOC

The Gautam Buddh Nagar district administration has made it mandatory to obtain a no-objection certificate (NOC) before carrying out any construction or development within a 20-kilometre radius of the upcoming Noida International Airport in Jewar. Officials have warned of strict action against violations, while also stressing the need for measures to prevent waterlogging, restrict the movement of stray animals and birds, and completely ban drones and lasers near the site. Committees linked to airport safety and emergency response have been directed to improve coordination, as the project heads towards its first phase of operations later this year.Read more

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Noida Authority intensifies crackdown on illegal constructions

The Noida Authority has launched an aggressive campaign against illegal construction by directing officials to file First Information Reports (FIRs) and proactively follow up on existing police cases. The Authority is creating a comprehensive database to track all enforcement actions, including notices, complaints, and sealed properties. This new system is designed to enhance accountability, prevent negligence, and ensure a more effective and coordinated effort against illegal encroachments, particularly in flood-prone areas.Read more

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Godrej Properties acquires Kukatpally land in Hyderabad for INR 550 crore

Godrej Properties has acquired around 7.82 acres of land in Kukatpally, Hyderabad, for nearly INR 550 crore through an e-auction held by the Telangana Housing Board. The company will develop a housing project on this site, with an estimated revenue potential of INR 3,800 crore. Industry observers note that the price per acre achieved in this auction is significantly higher than recent sales in the same locality, reflecting rising demand. With this move, Godrej strengthens its growing presence in Hyderabad's residential market.Read more

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Welspun One buys 107 acres in Karnataka for warehousing projects

Welspun One Logistics Parks expanded its land portfolio in South India by snapping up two major parcels roughly 51 acres in Hoskote and 56 acres in Devanahalli taking its regional footprint past 260 acres, with development potential exceeding 6 million sq ft. Backed by a committed investment of USD 250 million (INR 2,150 crore), these moves underline the company's confidence in unfolding markets. Its strategy has been to enter early into high-potential locations, from North Chennai to Bengaluru, now extending across micro-markets like Hoskote and Devanahalli. The new sites will host Proxima and Proxima Plus parks, tailored for diverse industries requiring scalable and tech-ready infrastructure.Read more

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Uttar Pradesh orders three high-level panels to unlock stalled industrial land

The Uttar Pradesh state government recently set up three senior committees to tackle long-standing land allocation challenges under Noida, Greater Noida, and Yamuna Expressway urban-industrial zones. One panel is probing ways to release vast notified tracts, another will examine steep industrial land pricing, and the third aims to simplify building codes. Each committee includes top officials from Invest UP, various development authorities, and legal departments, and they've been asked to deliver plans within a fortnight. Combined with ongoing efforts to speed investment approvals and boost transparency, these steps mark a sharp push to make the state more attractive for industrial growth.Read more

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GMADA generates INR 961 crore in latest property e-auction

The Greater Mohali Area Development Authority (GMADA) recently concluded an e-auction that generated INR 961 crore by selling 65 out of 167 properties. Commercial properties, especially in Aerocity and Sector 78, drew strong bids, while residential plot prices showed a slight dip compared to the previous auction. Some categories, including petrol pump plots, hotel sites, and school plots, saw no interest, reflecting cautious investor sentiment. This auction highlights both the active demand in commercial real estate and the selective interest in residential and institutional plots in Mohali.Read more

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Telangana Housing Board auctions 7.5 acres in KPHB, eyes INR 500 crore

The Telangana Housing Board conducted an online auction for over 7.5 acres of land in Kukatpally Housing Board colony, Hyderabad expecting to generate around INR 500 crore. The base price was set at INR 40 crore per acre, and the auction attracted active participation. In addition, 618 incomplete 3-BHK flats located in Pocharam and Gajularamaram are also being auctioned. The housing board has already earned more than INR 300 crore from earlier sales of open plots and Rajiv Swagruha flats, and the funds are being directed to affordable housing projects and the Indiramma scheme.Read more

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Telangana's Future City plan faces legal roadblocks over Pharma City land

The Telangana government has run into legal complications in its attempt to reconfigure land initially allocated for Pharma City into a large-scale multi-sector Future City. The plan to redevelop nearly 20,000 acres across several villages has been challenged by farmers seeking the return of their land and by courts noting the original acquisition purpose. Authorities are now studying similar national precedents and consulting experts to determine whether the proposed change in land use can stand legal scrutiny.Read more

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Karnataka eases land use rules for MSMEs and renewable energy projects

The Karnataka Assembly on August 13, 2025, passed nine bills, including amendments to simplify real estate use for MSMEs and renewable energy projects. A key provision will allow MSMEs to use up to two acres of agricultural land without a formal conversion process, while a three-year imprisonment clause for this violation has been removed. The bills also aim to simplify the property registration process through the use of technology, with an emphasis on protecting homebuyers from fraudulent transactions.Read more

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Changing aspirations and the rise of lifestyle-driven land ownership in smaller Indian cities

Mihir Lunia, Founder and Chief Executive of Brego Land

Owning land in India has traditionally been seen as a long-term aspiration, often reserved for retirement or wealth preservation. However, a growing shift is emerging, particularly in Tier-2 and Tier-3 cities, where affordability, improved infrastructure, and lifestyle benefits are driving immediate land purchases. Young professionals, families, and first-time investors are moving beyond metropolitan markets, attracted by lower entry points, cleaner environments, and evolving lifestyle hubs. This trend is fuelled by government incentives, economic ripple effects, and increasing transparency in land transactions, signalling a fundamental transformation in the country's property market.Read more

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Ahmedabad Municipal Corporation to auction prime real estate plots worth INR 447 crore

The Ahmedabad Municipal Corporation (AMC) is set to auction seven prime real estate plots across Bodakdev, Ambli, Chandkheda, Gota, and Sola, with a combined base price of INR 447 crore. The auction includes both residential and commercial plots, with the Bodakdev residential plot priced at INR 3.10 lakh per square meter. Two plots previously allocated to government bodies fell through due to price disagreements and missed payment deadlines. This marks AMC's third major auction push in 12 months, following previous auctions in March and August 2024.Read more

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Karnataka cracks down on illegal layouts made using 11E maps

The Karnataka Revenue Department is cracking down on illegal residential layouts created using "11E maps" meant for legitimate land partitioning. Many such plots, often under one gunta, were sold without converting agricultural land, bypassing norms and lacking basic infrastructure. Investigations revealed collusion between landowners and officials, leading to seizures of illicit sites and suspensions of complicit officers. Under the "Swavalambi" initiative, hundreds of cases involved improper regularisation. Deputy Commissioners are now reviewing over 30,000 suspected instances for swift legal action. Weekly progress reviews, combined with digital tools like the 'Beat' app, geofencing, and Bhoomi-Kaveri systems, aim to ensure transparency and curb future violations.Read more

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Rajasthan: RIICO drops auction model to make industrial land more affordable

Rajasthan has introduced a policy allowing businesses to acquire idle and semi-developed industrial land at reduced rates based on basic cost plus minimal charges rather than through auctions. This is seen as a strategy to activate neglected zones and streamline industrial expansion. While business groups appreciate the cost relief and ease of access, they voice concern over potential bias in allotment decisions due to limited transparency. Earlier incentives under RIPS like interest rate rebates, tax exemptions, and sector-specific assistance have already laid a foundation for industrial growth in the state.Read more

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Mumbai Port Authority to lease 217 acres of coastal land for 30 years

The Mumbai Port Authority recently launched a long-term lease offering for 28 non-residential plots spanning more than 217 acres along Mumbai's eastern coast and Alibaug. Aiming to generate upwards of INR 800 crore per year, this move shifts focus from an earlier vision of a public waterfront development. Key parcels include areas near the cruise terminal, former HPCL and FCI sites, Sewri Timber Pond, and plots by the Trans Harbour Link. While the authority tests market interest, urban planners and activists warn that the opportunity for a vibrant, publicly accessible waterfront may be slipping away indefinitely.Read more

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Navi Mumbai razes illegal Airoli constructions after warnings ignored

The Navi Mumbai Municipal Corporation (NMMC) recently carried out a demolition drive in Airoli against unauthorised structures, following non-compliance with earlier notices issued under the Maharashtra Regional and Town Planning Act, 1966. Acting on the directives of the municipal commissioner and senior officials, the encroachment department demolished illegal buildings and roadside slums. Penalties amounting to INR 1,00,000 were collected from the violators, and the corporation affirmed its commitment to continuing strict anti-encroachment measures.Read more

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Pimpri-Chinchwad clears 3.35 lakh sq ft of unauthorised buildings

In a major city-wide anti-encroachment operation launched earlier this month, the Pimpri-Chinchwad Municipal Corporation dismantled 187 unauthorised structures spanning approximately 3.35 lakh sq ft. The drive began by targeting under-construction sites to prevent proliferation of illegal buildings, later extending to kiosks and tin sheds. Officials issued 24-hour notices and indicated that negligent ward officials may face action. The operation remains ongoing, with authorities urging residents to remove unauthorised constructions voluntarily to avoid punitive measures.Read more

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Goa moves ahead with coastal plan based on 2011 eco-zone maps

Goa has finalised its eco-sensitive zones master plan, paving the way for a new Coastal Zone Management Plan (CZMP) based on revised 2011 maps, as directed by the Union Environment Ministry under the 2019 CRZ Notification. The move aims to strengthen governance of high-tide-line developments and safeguard fragile coastal communities. Lawmakers have called for quick CZMP completion, improved oversight of water-sports licensing, and restoration of sand-dunes, khazan-lands, and mangroves. The state is also reviving its beach-carrying-capacity study to set limits on shack permits. The GCZMA clarified that structures on khazan land built before its eco-sensitive designation under the 2011 CZMP will remain legal.Read more

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