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 : Residential

DDA to launch premium housing scheme by end of August in Delhi

The Delhi Development Authority will roll out a premium housing scheme by the end of August, offering about 250 flats across income categories and a mix of car and scooter garages via e-auction. Locations span prominent neighborhoods like Vasant Kunj, Dwarka, Pitampura, Jasola, Rohini, Jahangirpuri, Nand Nagri, Ashok Vihar, and Shalimar Bagh. Meanwhile, the ongoing Apna Ghar Awaas Yojana, which had been offering thousands of discounted flats across Narela, Loknayakpuram, and Siraspur, is being paused. The scheme also follows recent policy moves aimed at bolstering public trust in DDA's housing initiatives.Read more

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LDA begins work on 1,084-hectare Naimish Nagar township in Lucknow

Lucknow Development Authority (LDA) commenced work on the Naimish Nagar model township project along Sitapur Road, designed to accommodate around 300,000 residents. The first site office is being set up in Purva village, with land acquisitions progressing under a consent-based policy across eighteen targeted villages. The township will feature residential, commercial, and public amenities while supporting industrial, healthcare, educational, and logistics growth. The initiative is also aimed at improving local infrastructure and creating significant employment opportunities for the region.Read more

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CBI court rejects clean chit for Chintal Group CEO in Paradiso collapse case

A special CBI court in Panchkula has denied a clean chit to D. Vasudevan, former CEO of Chintels India, in connection with the 2022 Paradiso building collapse that resulted in two fatalities. The court dismissed Vasudevan's plea to drop charges, stating his role extended beyond mere administration. Investigations revealed the use of substandard materials and faulty construction practices. IIT Delhi's audit confirmed the presence of high chloride levels in the concrete, leading to accelerated corrosion. The case continues as the CBI prepares for further proceedings.Read more

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YEIDA serves notice to Suraksha Realty over 17,000 delayed Wish Town flats

YEIDA recently issued a formal notice to Suraksha Realty, pressing for answers on four key issues including stalled construction and fund delays in the Jaypee Wish Town project. Homebuyers have raised concerns over multiple lapses from insufficient labour deployment to breach of RERA timelines, deferred amenities, and opaque communication. They've urged YEIDA to enforce a high-level oversight committee and avert a possible social and legal escalation. While Suraksha maintains limited progress through property registrations and occupancy certificates, buyers believe justice demands swift and transparent action.Read more

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Trishika Skye 175

Mumbai City, India

Trishika Skye 175, located in Vikhroli East’s Kannamwar Nagar, is an upcoming 28-story residential tower offering sleek 1 & 2 BHK homes ranging from approximately 349 to 648 sq ft. Featuring modern amenities like a gym, jogging track, mini-theater, sky gym, and yoga zone, it's designed for contemporary, connected urban living.

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GNIDA issues partial occupancy certificates to speed up Greater Noida housing handovers

Greater Noida's development authority has recently begun granting partial occupancy certificates to developers who have cleared a quarter of their pending dues under the state's rehabilitation policy. This initiative enables builders to hand over the completed portion of units, giving hope to home buyers long held back by registry delays. The move stems from earlier committee recommendations and seeks to unlock stalled registrations. While buyers await further clearances, supportive policies from state and central levels continue to shape the revival of unfinished real estate projects in Greater Noida.Read more

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Thanal Housing Project in Muttathara gets technical clearance

Local self-government department granted technical approval for the Thanal Housing Project in Thiruvananthapuram, bringing relief to 99 families, many of whom are differently abled. With revised cost estimates based on the 2024 Schedule of Rates, the Uralungal Labour Contract Co-operative Society is ready to commence constructing a two-storey, 136-unit residential complex spanning two acres. Groundwork has already been completed, and the project is expected to finish within 18 months once construction begins.Read more

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Andaman Islands ease rules for individual flat registrations

The administration of Andaman and Nicobar Islands is on the verge of releasing a new regulation that would allow individual registration of flats, regardless of the number of units in a building. Until now, buildings with fewer than eight apartments had to form housing cooperative societies, complicating documentation and hindering access to bank loans. The draft regulation, developed in consultation with key stakeholders, aims to remove these hurdles by enabling straightforward flat-level registration and easier financing.Read more

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Indore: IDA to build PMAY housing for families displaced by MR-10 expansion

Indore Development Authority approved an integrated plan to construct high-rise housing under the Pradhan Mantri Awas Yojana Urban 2.0 for families displaced by the MR-10 corridor expansion. Alongside this, the board cleared several large-scale infrastructure works including a Rail Over Bridge, power line relocations, and a new link road equipped with street lighting. These projects are aimed at improving road connectivity, easing utility constraints, and supporting the city's growing residential demand.Read more

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Developer directed to repurchase flat after decades due to missing Completion Certificate

A consumer commission in Mumbai has directed a developer to repurchase a flat sold over two decades ago, citing the absence of a mandatory completion certificate. The buyer, who had purchased the property in the early 2000s, raised the issue after the building failed to obtain the necessary approval. The commission ruled that the developer must compensate the buyer by repurchasing the flat at its current market value, alongside interest and additional costs for the prolonged inconvenience caused.Read more

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Viyaara Altiora

Mumbai City, India

Viyaara Altiora in Mahim West is a modern 1- and 2-BHK residential tower offering thoughtfully designed homes ranging from 440 to 700 sq ft, featuring essential amenities like power backup, 24/7 security, gym, and jogging track. Positioned in a vibrant locale, this RERA-registered development ensures a blend of comfort and convenience for prospective homeowners.

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Karnataka RERA makes builders and landowners equally liable for civic services

The Karnataka Real Estate Regulatory Authority (K-RERA) has ruled that both builders and landowners in joint development projects must share the responsibility of providing basic civic amenities. The decision came after residents of a Bengaluru housing project complained about the lack of water and sewerage connections, despite paying all charges. The order states that both parties must also hand over key project documents to the residents' association. The move sets an important precedent for joint projects across Karnataka, making sure homebuyers are not left without essential services.Read more

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CapitaLand to invest over INR 19,200 crore in Maharashtra by 2030

CapitaLand Investment Ltd is set to pour a significant investment into Maharashtra, aiming to allocate more than INR 19,200 crore across key markets like Mumbai and Pune by 2030. This aligns with its India-wide growth ambition to nearly double funds under management to SGD 15 billion by 2028. The announcement coincided with the opening of its first data centre in Navi Mumbai. The firm, active in the state since 2013, has already invested over INR 6,800 crore across diverse assets and operates through multiple platforms including a listed trust, private funds, and Ascendas-Firstspace targeting infrastructure, digital hubs, and logistics.Read more

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VMRDA unveils ambitious plan for theme-based townships in Visakhapatnam

The Visakhapatnam Metropolitan Region Development Authority initiated plans to develop four theme-based, self-sustaining townships covering about 500 acres. Each will focus on sectors such as IT and innovation, health and wellness, education and knowledge, or tourism and culture. Located near industrial hubs, the developments are aimed at encouraging a walk-to-work culture. A transaction advisor will be appointed to assess feasibility, structure funding models, and oversee the bidding process. The initiative is expected to generate major employment opportunities and attract significant domestic and international investments.Read more

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Karkardooma TOD project nears completion with 1,500 flats planned

The Delhi Development Authority's first transit-oriented project at Karkardooma is set for completion by late next year, with structural work nearly done and finishing, landscaping, and clearances in progress. The scheme will offer about 500 EWS homes and 1,000 middle-income flats, alongside 30% green space, a multipurpose field, gym, and gardens. Bookings will open only after all services are operational. Built with precast AAC blocks, the project integrates housing with direct metro access via elevated walkways to cut private vehicle use. Originating from a 2015 DDA-NBCC pact, it aims to model eco-friendly, commuter-centric urban growth in Delhi.Read more

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146 houses razed in Assam's Doyang Reserve Forest eviction drive

In Assam's Golaghat district, forest officials cleared over 300 bighas of encroached land in the Doyang Reserve Forest, demolishing 146 unauthorised houses and displacing more than 200 residents. The eviction followed repeated notices and a court battle in which a division bench granted residents two weeks to prove legal land ownership or vacate. While 59 houses were temporarily spared pending hearings, demolition proceeded for others without documentation. Authorities plan to restore the cleared land ecologically, but community groups argue many residents have lived there for decades and deserve resettlement rights. The case underscores tensions between conservation efforts and human settlement needs.Read more

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Pune civic body orders Marathi signboards on all building projects

The Pune Municipal Corporation has now made it mandatory to display project names residential or commercial in Marathi. This directive came after a strong push from the Maharashtra Navnirman Sena, which had earlier flagged widespread non-compliance. The municipal commissioner issued a circular enforcing this rule across both ongoing and new projects, aligning with the state's Marathi language policy. Civic officials will be inspecting sites to ensure full compliance. With building approvals having tripled over recent years, this move seeks to balance rapid urban growth with cultural preservation. Builders must now comply or risk delays in project certifications.Read more

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Crystal Stella

Mumbai City, India

Crystal Stella in Vakola, Mumbai, offers modern 1 and 2 BHK flats with amenities like kids' play areas and 24/7 power backup. Strategically located near Swami Vivekanand Road, it ensures excellent connectivity and a serene living experience.

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