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

Lucknow Development Authority launches e-auction for 300+ plots across city hotspots

The Lucknow Development Authority (LDA) has opened its e-auction platform for over 300 residential and commercial plots across prime locations such as Gomtinagar, Basant Kunj, and Rae Bareli Road. The bidding process allows a month-long registration window, with live auctions scheduled shortly. This follows LDA's earlier efforts to dispose of unsold commercial inventories and recover significant outstanding dues from defaulters. The auction is part of a larger urban development push, with LDA adopting innovative revenue recovery and land monetisation strategies that have already shown strong results in previous property auctions conducted this year.Read more

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Arkade Developers secures Filmistan Studios land in Goregaon for INR 183 crore

Arkade Developers Ltd has acquired Filmistan Pvt Ltd, the corporate entity owning the landmark 4-acre land parcel known as Filmistan Studios, situated on SV Road in Goregaon West, Mumbai. The acquisition, completed for a total investment of INR 183 crore, will allow the company to develop a premium residential project with an estimated Gross Development Value (GDV) of INR 3,000 crore. The company announced that it has entered into a binding agreement to purchase 100 percent of Filmistan Pvt Ltd through a Share Purchase Agreement.Read more

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NBCC to revamp Siri Fort into a cutting-edge cultural and creative district in Delhi

NBCC (India) Ltd has formalised an agreement with the National Film Development Corporation (NFDC) for the extensive redevelopment of the Siri Fort Auditorium Complex in New Delhi. Acting as the Project Management Consultant (PMC), NBCC will oversee all aspects of the transformation, which will preserve the site's cultural legacy while integrating modern infrastructure and international green building standards. The 5.5-acre complex, originally constructed during ASIAD 1982, will be repositioned as a world-class creative and cultural hub featuring multiple themed zones, high-tech upgrades, and accessible public spaces.Read more

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Haryana launches digital land bank and reforms for faster industrial setup

Haryana has taken a major leap forward by digitising its land-bank system and linking it to the nationwide India Industrial Land Bank, enabling seamless e-auctions and post allotment services. Simultaneously, the state is rolling out plug-and-play flatted factories at major industrial hubs. Steps to ease business like slashing Change-of-Land-Use documents from 19 to 5, self-certification for low-risk buildings, and faster pollution consents underscore its commitment. These efforts build on earlier moves, including land-pooling policies, HSIIDC's expansion of IMTs, and major infrastructure projects such as industrial corridors and logistics hubs.Read more

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Ghaziabad: GDA reclaims 10-hectares of land for the Indirapiram Extension Township

GDA has successfully reclaimed a 10-hectare encroached land parcel in Kanawni, Indirapuram, worth INR 800 crore, after nearly a decade of delay. This forms a crucial part of the larger 34-hectare Indirapuram Extension township project. The authority has begun preparing detailed project reports and development proposals, aided by a 2022 Supreme Court ruling that resolved prior compensation disputes. The reclaimed land is earmarked for residential and commercial use and is expected to host a major affordable housing cluster.Read more

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Defence Estates Office reclaims INR 165 crore land in Delhi Cantonment

The Defence Estates Office, Delhi Circle, has reclaimed five acres of prime land in Delhi Cantonment from unauthorized occupation. The site, valued at approximately INR 165 crore, was illegally used by dairies and shanties. This operation, part of an ongoing drive, follows a previous reclamation near IGI Airport. The reclaimed land is now available for strategic Defence use. The Defence Estates Organisation, which manages nearly 18 lakh acres across India, plans further actions to protect national assets from encroachment.Read more

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Uttarakhand restricts land sales in 11 districts under new reforms

Uttarakhand Chief Minister Shri Pushkar Singh Dhami has marked his government's four-year completion by highlighting the revision of the state's land law. This new legislation restricts the sale of agricultural and horticulture land in 11 out of 13 districts, aligning with public sentiment. The reform centralizes land purchase permissions from the collector level to the state government, particularly for transfers over 12.5 acres and in thrust sectors. It also mandates affidavits for residential land purchases, aiming to protect state resources from land misuse and fraud, impacting urban development and resource management.Read more

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Chandigarh reclaims 1.5 acres in Manimajra as crackdown on illegal homes intensifies

The Chandigarh administration has escalated its anti-encroachment campaign in Manimajra, demolishing ten unauthorized homes and reclaiming nearly 1.5 acres of government land. The land, part of a 38-acre parcel acquired back in 1998, had been encroached upon over the years, prompting the administration to act firmly. The operation was carried out smoothly under the supervision of the Sub-Divisional Magistrate (East), with adequate police deployment and prior notice given to residents. This move follows a series of similar crackdowns across the city, including the recent clearing of the Manimajra motor market, reflecting the city's broader push for disciplined urban planning and land use.Read more

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GDA begins land acquisition for Harnandipuram township in Ghaziabad

The Ghaziabad Development Authority (GDA) has commenced direct land purchases for its ambitious Harnandipuram township project, covering over 336 hectares across five villages. Farmers have begun receiving compensation at four times the notified circle rate, with a total payout exceeding INR 5 crore so far. The project also promises 10% of developed plots to landowners, setting a more inclusive precedent. A detailed project report is being finalised, while major connectivity upgrades, including elevated road extensions to the RRTS and Delhi-Meerut Expressway, are also in the pipeline. This marks GDA's most extensive land initiative since Madhuban Bapudham.Read more

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Uttar Pradesh simplifies building rules with trust-based, online approval system

Uttar Pradesh has introduced a transformative draft of its 2025 Building Construction and Development Byelaws, aiming to modernize and accelerate urban development across the state. The proposed framework does away with construction permits for small plots, automates the approval process, eases height and floor area ratio (FAR) limits in key areas, and supports flexible mixed-use zoning. By shifting to a trust-based, tech-driven model, the state hopes to reduce delays, increase transparency, and support vertical expansion in rapidly growing cities. Final approval awaits cabinet notification.Read more

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Bengaluru's e-khata portal glitches leave property owners and builders in limbo

Bengaluru's attempt to digitize property records through its e-khata system is facing mounting criticism from frustrated property owners. While more than 500,000 e-khatas have been issued so far, thousands of residents continue to battle with portal glitches, rejected documents, server crashes, and incomplete data integration. In newly added BBMP zones, citizens are being told to file fresh applications despite years of tax payments. Builders, too, are struggling due to the system's inability to process bulk khatas. The BBMP is now trying to control the damage through help camps, helplines, and offline support.Read more

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Amaravati gets fresh push with new land pooling policy and major infrastructure plans

The Andhra Pradesh government has notified a new land pooling policy for the Amaravati capital region, reviving its flagship greenfield development plan. While the old city core remains under the original 2015 scheme, this updated policy applies to an extended capital region and aims to bring in an additional ~40,000 acres on top of the ~54,000 acres already pooled. The scheme is voluntary, Aadhaar-based, and offers landowners reconstituted developed plots, annuities, and a package of social entitlements including free education, healthcare, and a one-time farm loan waiver of up to INR 150,000. The policy guarantees infrastructure development within three years of plot allotment and marks a renewed push to position Amaravati as a modern, people-first capital.Read more

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Gurugram cracks down on illegal buildings in Aravali forest zone

Gurugram authorities intensified enforcement efforts in the past week, targeting illegal structures near Golf Course Road and within the Aravali range. Four unauthorised houses were demolished, while two under-construction buildings and a paying guest facility were sealed following previous notices. The action, carried out by the Department of Town and Country Planning (DTCP) and Gurugram Metropolitan Development Authority (GMDA), is part of a larger campaign targeting nearly 50 illegal structures across Behrampur, Ghata, Gwalpahari, and Sakatpur. The drive aims to curb repeated violations under the Punjab Land Preservation and Forest Conservation Acts. With routine drone surveillance planned, the crackdown is aimed at enforcing forest protection laws that have often been ignored despite earlier court orders.Read more

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Chandigarh cuts property mutation time from weeks to days with automated system

Chandigarh's estate office has overhauled its property mutation process by integrating an automated system that activates the moment a sale deed is registered. The new process eliminates the need for buyers to submit separate mutation applications, enabling leasehold properties to be mutated within just two days and freehold properties in less than a week. The system uses real-time data syncing with the sub-registrar office to auto-fetch sale deed details and supporting documents. The upgrade aligns with a broader push towards digitisation of urban land records and positions Chandigarh among the fastest in property transfer processing nationwide.Read more

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Uttarakhand HC halts Dehradun parking project over riverbed construction concerns

The Uttarakhand High Court has halted construction of a INR 22 crore multi-level parking facility in Dehradun, citing environmental and flood concerns. Located near the Rishiparna river on Rajpur Road, the project drew criticism for tree cutting, green space damage, and debris dumping in the riverbed. Petitioners argued it violated green norms and posed risks to nearby residents. The court issued notices to MDDA, Dehradun Smart City Limited, and state and central authorities, seeking affidavits within three weeks. It questioned how the project began despite NGT and NDMA guidelines banning construction within 200 meters of rivers in hilly areas. The case reflects rising judicial focus on eco-sensitive development.Read more

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Dangerous structure on Parsik Hill in CBD Belapur demolished after partial collapse raises alarm

Following the partial collapse of a dilapidated building on Plot No. 59, Sector 26, Parsik Hill in CBD Belapur, Navi Mumbai Municipal Corporation (NMMC) conducted a full-scale demolition of the structure. The building, already categorised as C2-B during 2020-2021, had previously received structural audit notices in August 2024 and May 2025. Under the directives of the Municipal Commissioner and supervision of the Encroachment Department, demolition was executed using heavy machinery and a dedicated team of officials and labourers to eliminate risks to public safety.Read more

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Over 70,000 MMR homes delayed as NGT mandates central green clearance

Over 70,000 housing units across 493 projects in the Mumbai Metropolitan Region are stalled due to a National Green Tribunal (NGT) directive requiring central environmental clearance for projects within 5 km of eco-sensitive zones. This change replaces previous state-level approvals and has caused major delays, especially in affordable and mid-income housing. Developers and homebuyers face financial stress, with construction paused in areas like Sanjay Gandhi National Park and Thane Bird Sanctuaries. A plea to allow work up to the plinth level was denied, citing NGT's August 2023 order. In Navi Mumbai, many government land projects are also stalled pending central clearance.Read more

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Maharashtra to regularise homes on zudpi jungle land, no demolitions to take place

Maharashtra Revenue Minister Chandrashekhar Bawankule has assured that homes built on "zudpi jungle" land will not be demolished, impacting approximately 2 lakh families. He has directed officials to complete the regularization and land title issuance process within three months. This follows a Supreme Court ruling on May 22, 2025, which classified about 86,000 hectares of such land as forest but allowed for protecting existing settlements. The directive aims to grant ownership rights to long-term occupants who have historically paid taxes but lacked formal titles, addressing a matter of "life and dignity."Read more

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Bengaluru e-Khata mela draws 3,000+ residents, BBMP issues 1,500 documents in a day

Over 3,000 residents participated in Bengaluru's recent e-Khata mega mela in Byatarayanapura, where BBMP and state officials facilitated on-the-spot digitisation of property records. The event helped issue around 1,500 e?Khatas within hours and handed over 677 final certificates on the same day. With Byatarayanapura holding 1.8 lakh properties and over 5.3 lakh properties digitised citywide, the BBMP now plans to replicate the model across other wards in July. The initiative, which also won the National e-Governance Gold Award, aims to make the process faster, more accessible, and less prone to delays or malpractices by taking services directly to citizens.Read more

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Indore becomes first Indian city to assign digital addresses with QR codes

Indore has taken a major step in digital governance by becoming the first Indian city to launch a QR-code based digital address system. Starting with Ward 82 in Sudama Nagar, every house is now being equipped with a GPS-linked QR code plate that opens a unique digital profile via the national DigiPIN platform. Residents can now access services such as tax payments, utility bills, civic records, and emergency assistance through their phones. This pilot is free of cost and aims to gradually cover around 700,000 properties. The initiative also promises future infrastructure upgrades in the area.Read more

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