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

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Maharashtra extends Nazul land amnesty scheme to include Nagpur and Amravati

The Maharashtra government has extended its special amnesty scheme for residential Nazul land leaseholders in the Nagpur and Amravati divisions for another year, until July 31, 2026. This decision, aimed at benefiting an estimated 5,000 leaseholders in Nagpur alone, allows for the conversion of leased land into freehold ownership. The extension comes after a highly successful period where the state government's revenue surged to INR 24.65 crore in one year under a reduced 2% conversion fee, a significant increase from the INR 9 crore collected over five years at the previous 5% rate. The move is a boon for citizens seeking clear property titles and simplified transactions.Read more

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West Bengal distributes 2.26 lakh land deeds to boost housing rights

Since 2011, the West Bengal government has distributed 2.26 lakh land deeds for home construction, along with 1.80 lakh agricultural deeds and 47,000 forest deeds, strengthening land rights for vulnerable communities. Purba Bardhaman district alone has received 28,840 home deeds. The initiative complements the state's Banglar Bari scheme, launched in December 2024, which provides up to INR 1.20 lakh for rural families to build permanent homes. Despite funding hurdles from the Centre and some implementation challenges, the program has advanced housing access. By granting legal, inheritable ownership, the land deeds empower families with stability, collateral for credit, and a path to long-term economic security.Read more

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Navsari civic body cracks down on illegal construction across the city

The Navsari Municipal Corporation has launched a large-scale enforcement drive against unauthorised construction, following inspections at nearly 200 under-construction sites. Of these, 40 were found lacking the required permissions. Owners have been served notices and instructed to submit sanctioned building plans, layout drawings, survey records and 7/12 extracts within five days. Non-compliance may result in demolition or legal action. This is the first major regulatory step since Navsari's elevation to municipal corporation status and comes as the city prepares for its ward elections.Read more

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Panchkula authorities demolish illegal constructions in Barona Khud village

The Panchkula District Town Planner, along with senior officials and police support, carried out a large-scale demolition drive in Barona Khud village, Tehsil Raipur Rani, where 15 unauthorised damp proof course structures were removed. Notices had already been issued to violators, but as they ignored the directives, officials proceeded with direct enforcement. Authorities have made it clear that no development is permissible without prior approval from the Director of the Town and Country Planning Department, Haryana.Read more

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Ashiana Housing secures land in Chennai for senior living project within Mahindra World City

Ashiana Housing has acquired nearly 23 acres of land on a perpetual lease within Mahindra World City, Chennai, from Mahindra World City Developers, a subsidiary of Mahindra Lifespace Developers. The land, located beside its existing project Ashiana Vatsalya, will be used for a senior living development with a potential saleable area of 15 lakh sq ft and estimated revenue of INR 1,200 crore. The company has also reported strong sales growth in the recent fiscal quarter.Read more

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Manesar Municipal Corporation to charge property owners for cleaning vacant plots

The Municipal Corporation of Manesar (MCM) will now charge property owners for the cost of cleaning their vacant lots or private premises if garbage is found to have accumulated there. This new measure, which is being taken under Section 274 of the Haryana Municipal Corporation Act, 1994, is intended to improve sanitation and public health. MCM commissioner Ayush Sinha stated that this move will not only promote cleanliness but also make the public aware of their responsibilities. The MCM has also resumed its door-to-door waste collection service after a two-year hiatus.Read more

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Supreme Court upholds High Court ruling on land acquisition dispute in Bandra

The Supreme Court has upheld the Bombay High Court's decision that annulled the Slum Redevelopment Authority's acquisition of Church Trust-owned land in Bandra, noting that a private developer's influence was apparent in the process. The court stressed that a landowner's preferential right to redevelop should not be overlooked. It criticised the authority for rejecting the Trust's proposal while entertaining the developer's, and directed that the Trust be allowed to submit its own scheme for consideration.Read more

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Mysuru: MDA online auction sets record as INR 59 lakh plot fetches INR 2 crore

Mysuru Development Authority's (MDA) online auction of stray plots drew strong global participation, with bids far exceeding reserve prices and setting new benchmarks. A 745 sq ft corner plot in Vijayanagar IV Stage, valued at INR 59.6 lakh, sold for INR 2 crore, while a 4,133 sq ft site worth INR 3.3 crore fetched INR 9 crore. With 200 sites auctioned in four phases, each received an average of eight bids, though 25 single-bid plots may be cancelled. Some bids crossed INR 20,000 per sq ft-well above Mysuru's typical market range. The exercise, MDA's first in two years, generated record revenue for city development.Read more

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