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

Chandigarh completes drone survey under NAKSHA programme for property verification

Chandigarh has completed the drone survey phase of the NAKSHA pilot programme, covering five villages and 15 city sectors. The next phase of field verification is set to start soon, involving 20 survey teams. The programme, part of the central government's Digital India Land Records Modernisation initiative, aims to digitize land records, reduce disputes, improve urban planning, and make property transactions more transparent and efficient. This initiative also introduces Urban Property (UrPro) cards for properties in the Lal Dora areas.Read more

cover photo

West Bengal Cabinet approves policy to convert under-utilised non-residential land

The West Bengal Cabinet has approved a policy that will allow under-utilised non-residential plots under the Urban Development and Municipal Affairs Department to be converted for housing or real estate use. The Chief Minister Smt Mamta Banerjee chaired the meeting. The cabinet explained that much of this land was allotted years ago for employee housing but is now left unused. A conversion will require a government-set fee, with detailed implementation guidelines to follow soon. The move follows earlier changes in land policies, including leasehold-to-freehold conversions and a review of land ceiling rules.Read more

cover photo

Philippines extends land lease term to 99 years to attract foreign investment

The Philippines has introduced a new law allowing foreign investors to lease private land for up to 99 years, replacing the previous 50-year lease term with a 25-year extension. This move aims to enhance the country's competitiveness in attracting long-term offshore funding for commercial and industrial projects. The law addresses investor concerns about lease contract stability, especially for multi-decade investments, as the Philippine Constitution prohibits foreign ownership of private land.Read more

cover photo

Supreme Court panel calls for balance in Faridabad forest clearances

The Supreme Court's Central Empowered Committee (CEC) has recommended a careful and measured approach to demolitions in Faridabad's Aravalli region. While stressing the need to remove illegal constructions, the CEC emphasizes distinguishing unauthorized luxury developments from genuine village homes. The committee has suggested close coordination between district authorities and local representatives and recommends demarcating village peripheries with the Ministry of Environment, Forest and Climate Change to avoid permanent loss of forest land. Past reports indicate thousands of homes already occupy protected forest areas.Read more

cover photo

Max Estates acquires land in Gurugram for premium housing expansion

Max Estates Ltd has finalised the acquisition of a 7.25-acre land parcel in Gurugram through its takeover of Base Buildwell Private Limited (BBPL). The land, located at Sector 59, Golf Course Extension Road, is expected to generate more than INR 3,000 crore in sales. With an estimated development potential of 1.3 million square feet, the project strengthens the company's residential strategy in Delhi-NCR.Read more

cover photo

CEC finds 6,800 illegal structures built on forest land in Faridabad

A Supreme Court-appointed Central Empowered Committee has reported that nearly 6,800 illegal structures have been raised on approximately 780 acres of deemed forest land in Faridabad, in violation of the Forest (Conservation) Act, 1980. The committee's findings show large-scale encroachments spread across villages such as Anangpur, Ankhir, Lakkarpur, and Mewla Maharajpur, with Anangpur recording the highest number. While earlier demolitions brought down some of the constructions, many still remain. The committee has also pointed out that several government departments themselves are responsible for some of the illegal developments.Read more

cover photo

Chandigarh property auction fetches INR 168 crore, double the reserve price

The latest property auction by Chandigarh's UT Estate Office drew strong investor response, with total sales touching INR 168.85 crore against a reserve of INR 75.29 crore. A 1,014 square yard plot in Sector 33 stood out, colllecting INR 33.4 crore over double its reserve price of INR 14.9 crore. Even smaller plots such as a 126 square yard site sold at INR 4 crore, more than twice the base value. Out of 20 properties offered, 15 including residential and commercial were sold successfully, while five commercial plots will be re-auctioned. The process was fully digital, receiving 288 applications and 587 bids.Read more

cover photo

Kartik Aaryan makes first land investment with INR 2 crore plot in Alibaug

Kartik Aaryan has entered the land market with his first purchase a 2,000-square-foot plot in Alibaug priced at INR 2 crore. The plot is located within the Chateau de Alibaug project by HoABL, which has already attracted high-profile buyers including Amitabh Bachchan and Kriti Sanon. The project offers premium amenities such as clubhouses, rooftop gardens, and duplex layouts with private pools. Aaryan shared that he plans to build his own home there, while the developer noted his entry highlights the growing demand for luxury land ownership in Alibaug, supported by better infrastructure links to Mumbai.Read more

cover photo

Ghaziabad Development Authority accelerates Harnandipuram township land acquisition

The Ghaziabad Development Authority (GDA) is accelerating land acquisition for the Harnandipuram township project after slow progress through mutual agreements. Only 14 hectares have been acquired since March, prompting the authority to invoke the Land Acquisition Act for the remaining 507 hectares. The township, covering 521 hectares, is designed to accommodate Ghaziabad's growing population and strengthen the city's real estate landscape. By adopting the act, the GDA plans to simplify the acquisition process, ensure timely project execution, and offer housing options similar to the successful Indirapuram township.Read more

cover photo

Arkade Developers acquires 14,364 sq metre land in Bhandup for INR 148 crore

Arkade Developers Ltd has acquired a 14,364 sq metre land parcel in Bhandup (West) for INR 148 crore by taking full ownership of Woollen and Textile Industries Ltd. The company has successfully completed 31 projects covering 5 million square feet and is developing another 2 million square feet. This acquisition strengthens Arkade's presence in the Mumbai Metropolitan Region and aligns with its strategy of expanding its development portfolio in key urban locations. Known for its focus on residential and commercial projects, the company continues to consolidate its position among India's leading real estate developers.Read more

cover photo

SC upholds Bombay HC order on termination of 150-acre salt-pan lease

The Supreme Court has upheld the Bombay High Court's interim order declining to stay the termination of a lease over 150 acres of salt-pan land in Mulund, Bhandup and Kanjurmarg, part of a 782-acre holding in Mumbai. The decision rested on the observation that the land had not been used for salt production since 1995, making continuation inequitable to the Centre. While protecting the leaseholder's rights over the remaining 632 acres subject to ground rent and fees, the Supreme Court left the merits for the High Court to examine.Read more

cover photo

Lucknow Development Authority launches digital databank to streamline map approvals

The Lucknow Development Authority has rolled out a digital databank designed to centralise land records and ease the process of map approvals. The system integrates ownership details from bodies such as the district panchayat, Nazul, trusts, and the municipal corporation, enabling applicants to approach the correct department for no objection certificates. With a fixed two-week window for external approvals, the process is set to become quicker and more transparent.Read more

cover photo

Indian Railways to lease out prime plots in Mahalaxmi and Bandra for 99 years

Indian Railways is set to generate approximately INR 6,000 crore in revenue by leasing out two underutilized, prime plots of land in Mahalaxmi and Bandra for 99 years. The Rail Land Development Authority (RLDA) is overseeing the process, which is a key part of a broader government strategy to monetize non-core assets. The Mahalaxmi plot, with a base price of INR 993.30 crore, is the first of many such projects to be tendered, aiming to use the city's booming luxury real estate market to fund railway infrastructure.Read more

cover photo

BMC issues demolition notice for 120 illegal sheds in Lalbaug

The Brihanmumbai Municipal Corporation (BMC) has issued demolition notices for 120 illegal sheds and extensions in Peru Compound, Lalbaug, directing occupants to remove them within a week or face civic action. The sheds, used for small businesses and food stalls, were built without BMC approval and have drawn complaints from residents about congestion and inconvenience. The notice, issued on August 25, 2025, follows a complaint lodged on August 22. BMC officials, working with police, said no further deadline will be given. The move is part of the civic body's wider crackdown on unauthorized structures and encroachments across Mumbai's residential areas.Read more

cover photo

Greater Noida may double FAR to 4 for IT, biotech and data center hubs

The Greater Noida Industrial Development Authority (GNIDA) has proposed doubling the Floor Area Ratio (FAR) from 2 to 4 for IT, ITes, biotech, and data center land parcels, enabling construction of over 40 floors. The proposal, awaiting state approval, aims to make Greater Noida more competitive with NCR hubs like Gurugram and Delhi. It also permits commercial development on industrial land, fostering mixed-use growth. Supported by improved infrastructure such as a metro extension and the upcoming Jewar Airport, the plan aligns with CM Shri Yogi Adityanath's push for a digital and industrial revolution. The policy could attract major investments and generate thousands of jobs.Read more

cover photo

Gorakhpur emerges as industrial hub with record GIDA land allotment

The Gorakhpur Industrial Development Authority (GIDA) has allotted 182 acres of land in 2025, attracting INR 5,800 crore in investments and paving the way for 20,000 new jobs. Investors span sectors such as textiles, food processing, and logistics, reflecting Gorakhpur's transformation into a growth hub. Established in 1989, GIDA has adopted investor-friendly policies that have accelerated industrialisation in the region. Backed by the Uttar Pradesh government under CM Shri Yogi Adityanath, the city has seen major infrastructure upgrades, including a new airport and improved road networks. Once associated with poverty and migration, Gorakhpur is emerging as a destination for jobs and better living standards.Read more

cover photo

Kerala clears rules to regularise pattayam land use after six decades

The Kerala cabinet has cleared rules for the Kerala Land Assignment (Amendment) Act, ending decades of uncertainty for families holding pattayam (title deeds) with land-use violations. Applications can now be filed online within a year, with residential homes exempt from all fees and small commercial or industrial units up to 3,000 sq ft regularised without charges. Larger establishments will pay graded fees, while charitable, cultural, and religious institutions are fully exempt. Importantly, applications must be processed within 90 days or will be "deemed approved" curbing bureaucratic delays. The move provides long-awaited relief while ensuring future land-use changes require prior approval.Read more

cover photo

HYDRAA reclaims INR 100 crore Jubilee Hills land after 20 years of encroachment

HYDRAA has reclaimed around 2,000 square yards of land in Jubilee Hills, Hyderabad, valued at nearly INR 100 crore, after a prolonged encroachment dispute. The land, originally designated for community use, had been occupied for over two decades under false documentation. Following a grievance lodged through HYDRAA's Prajavani forum and a High Court ruling, the property was restored for public utility purposes, paving the way for construction of a Deputy Commissioner of Police office.Read more

cover photo

Bombay HC orders residents to vacate unsafe buildings for redevelopment

The Bombay High Court has directed 11 occupants of four unsafe buildings in Vasai West's Diwan and Sons Housing Enclave to vacate within two weeks, clearing the way for demolition and redevelopment. The Vasai Virar Municipal Corporation had already classified the buildings as dangerous, with a technical advisory committee confirming their poor condition. While 90% of residents supported redevelopment and appointed a builder, 11 opposed the plan. The court ruled that minority objections cannot jeopardize safety or stall majority-backed redevelopment, granting a short Ganpati festival-linked extension. If dissenting occupants fail to vacate, eviction will proceed with police assistance to ensure timely redevelopment.Read more

cover photo

HYDRAA reclaims INR 100 crore Jubilee Hills land after 20 years of encroachment

HYDRAA has reclaimed around 2,000 square yards of land in Jubilee Hills, Hyderabad, valued at nearly INR 100 crore, after a prolonged encroachment dispute. The land, originally designated for community use, had been occupied for over two decades under false documentation. Following a grievance lodged through HYDRAA's Prajavani forum and a High Court ruling, the property was restored for public utility purposes, paving the way for construction of a Deputy Commissioner of Police office.Read more

cover photo