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

Rajasthan RERA extends quarterly progress report deadline following system glitches

The Rajasthan Real Estate Regulatory Authority (RERA) has extended the deadline for submitting quarterly progress reports (QPRs) for July-September 2025 to 30 November, instead of 31 October, without any penalty or delay charges. The decision follows technical issues reported on the upgraded RERA 2.0 online portal, which replaced the older system. Officials stated that the extension allows time to stabilise the new platform and ease compliance for developers. Under RERA rules, promoters must submit detailed online updates on project progress and finances. The move aims to reduce developer hardship, maintain transparency for homebuyers, and ensure a smooth digital transition in regulatory reporting.Read more

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Lucknow Development Authority extends festive discount scheme on ready-to-move flats

The Lucknow Development Authority (LDA) has extended its festive discount offer on ready-to-move flats until early November, allowing homebuyers to avail direct price reductions ranging from INR 1 lakh to INR 2 lakh based on the unit cost. Nearly 589 flats have been booked so far, while more than 1,100 are still available. The flats, priced between INR 22 lakh and INR 1.08 crore, come in 1BHK, 2BHK, and 3BHK configurations across several housing projects. Buyers making full payments within 45-90 days can also avail additional discounts of 3-6 percent.Read more

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Pune property registrations rise 23% in September, stamp duty revenue hits INR 523 crore

Pune's housing market witnessed a sharp rise in property activity during the past month, with registrations increasing by 23% year-on-year and stamp duty revenues reaching INR 523 crore, according to Knight Frank India. Over 1.45 lakh properties were registered in the first nine months of the year, marking the highest volume in four years. The shift in the festive calendar supported buyer sentiment, while the demand for larger homes and properties priced above INR 1 crore continued to strengthen across micro-markets led by Central Pune.Read more

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Homebuyers' body FPCE urges stronger RERA rules to ensure builder accountability

The Forum for People's Collective Efforts (FPCE) has urged the Ministry of Housing and Urban Affairs to amend the Real Estate (Regulation and Development) Act, 2016 (RERA), calling for measures to assess developers' past records before granting new project approvals. The association also sought provisions ensuring compensation for buyers if promised amenities are not delivered and demanded uniform refund rules for cancellations. FPCE's president Abhay Upadhyay stressed the need for stronger oversight and stricter enforcement to protect homebuyers from unscrupulous builders.Read more

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Puravankara arm Starworth wins INR 211 crore contract from SBR Builders

Bengaluru-based developer Puravankara Ltd's subsidiary, Starworth Infrastructure & Construction Ltd, has been awarded a contract worth INR 211.53 crore by SBR Builders for the construction of a new residential development. The project, named SBR Global Queen's Ville, involves core and shell construction along with finishing works. The company disclosed this development in a regulatory filing earlier this week, underscoring Puravankara's growing presence in India's residential real estate segment.Read more

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China's housing slump deepens as new home prices drop 0.4% in September

China's new home prices recorded their sharpest fall in nearly a year, dropping 0.4% month-on-month and 2.2% year-on-year, signalling deepening stress in the property sector. The decline has hurt consumer confidence and spending, prompting authorities to consider new stimulus measures such as lower mortgage rates and tax deductions. The sector's prolonged downturn since 2021, coupled with weak developer finances, has slowed economic growth. Among 70 surveyed cities, 63 reported monthly price drops. Despite policy easing and redevelopment efforts, recovery may take over a year. The 15th five-year plan, now under discussion, is expected to prioritise housing stability and long-term economic support.Read more

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Developers, MCGM join hands to form Real Estate Steering Committee

In a significant move to enhance coordination between Mumbai's municipal administration and the real estate industry, leading associations including CREDAI-MCHI, NAREDCO, BDA, and PEATA held an extensive meeting with Municipal Commissioner Bhushan Gagrani. The discussion focused on addressing procedural hurdles and policy reforms, resulting in the announcement of a Real Estate Steering Committee to ensure regular engagement, faster decision-making, and transparent governance to bolster the city's development ecosystem.Read more

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Bhendi Bazaar's redevelopment reflects Diwali's spirit of renewal and unity

Bhendi Bazaar witnessed a radiant transformation this Diwali as the Saifee Burhani Upliftment Trust (SBUT) led the redevelopment of the 16.5-acre precinct, symbolising renewal, inclusivity, and sustainability. The upgraded neighbourhood now features spacious homes with improved ventilation, wide roads, landscaped courtyards, and eco-friendly systems. Former tenants have returned as homeowners, celebrating dignity and stability in their revitalised surroundings. This redevelopment merges modern design with traditional values, standing as a model of how urban renewal can uplift communities while preserving their cultural essence.Read more

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Karnataka to issue digital e-Khatas to 6.5 lakh property owners under e-Swathu drive

The Karnataka government has launched a large-scale e-Khata regularisation drive under the e-Swathu initiative, covering 6.5 lakh properties across Bengaluru's urban, rural, and south districts. The drive aims to digitise property records, formalise ownership, and facilitate transactions, including registration and bank loans. With over 1.5 crore property records in the state, the initiative seeks to expand the property tax base, enhance market confidence, and boost liquidity in peri-urban areas. It builds on earlier measures, including issuing B-Khatas for unauthorised rural properties.Read more

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Godrej Properties targets INR 10,000 crore plus revenue from upcoming Worli housing project

Realty developer Godrej Properties anticipates generating over INR 10,000 crore in gross revenue from its forthcoming residential development named Godrej Trilogy in the Worli area of Mumbai. The 2.63-acre project will comprise three towers, with two of them covering about 11 lakh square feet of saleable area now having secured RERA approval, and registration from Maharashtra Real Estate Regulatory Authority (MahaRERA) obtained earlier this week. In the first phase, the company plans to launch the two approved towers this quarter. The project is a joint development on a prime land parcel in South Mumbai, aligning with the company's strategy to expand its presence in high-potential urban land assets.Read more

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Himachal Pradesh approves INR 3 crore under PMAY-U 2.0 to benefit 117 urban families in Una

The Himachal Pradesh government has approved central assistance worth INR 3 crore under the Pradhan Mantri Awas Yojana (Urban) 2.0 - BLC component to support 117 eligible families in Una district. Each beneficiary will receive INR 2.5 lakh in four instalments to construct or upgrade their homes. The approval forms part of a larger district-wide plan covering 256 houses across various towns, with a total outlay of INR 6.40 crore. Beneficiaries have been instructed to begin construction immediately and complete it within a year.Read more

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Goa requires STPs for residential complexes with over 24 flats

The Goa State Pollution Control Board (GSPCB) has lowered the threshold for mandatory sewage treatment plants (STPs) in residential complexes from 50 flats to 24 flats. This follows a scientific study of wastewater generation, highlighting that complexes with 24 or more units produce significant waste. Builders are required to maintain STPs for three years or until handover to the housing society. The move addresses frequent complaints about non-operational STPs and untreated effluent discharge, aiming to protect public health and prevent environmental pollution in Goa.Read more

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Verified.RealEstate introduces digital property verification tool for Tamil Nadu users

Verified.RealEstate has introduced 'Verify My Land', an AI-powered digital verification tool designed to simplify property checks across Tamil Nadu. The service allows individuals to conduct over 20 verifications on lands, buildings, and apartments within minutes, free of cost. Organisational users can access the same for a nominal fee. Integrated with GIS-based calculators and document checkers, the platform ensures instant insights on zoning, FSI, flood exposure, and more-enhancing transparency and reducing dependency on government offices.Read more

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Bombay HC halts illegal split of Mumbai flat, upholds housing-society plea

The Bombay High Court has issued an interim order preventing the unauthorized division of a 620-square-foot flat into two separate units in a suburban housing society. The court observed that the structural changes were made without approvals, and the issuance of separate share certificates lacked legal authority. The society had highlighted misuse of office by the flat occupants, who were society office bearers. The ruling safeguards the rights of other members until the next hearing, emphasizing adherence to legal procedures and proper approvals in housing society matters.Read more

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Ulhasnagar civic body warns buyers against investing in illegal buildings

The Ulhasnagar Municipal Corporation (UMC) has called on residents to carefully verify the legality of buildings before purchasing flats or shops. The civic body highlighted that many developers construct properties without proper permissions, leading to potential financial and legal issues for buyers. Past efforts to tackle unauthorized constructions included demolition orders and partial regularizations. The UMC emphasized that it will not be responsible for losses if unauthorized structures face demolition, urging buyers to check approvals, occupancy certificates, and municipal records to avoid risks.Read more

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Illegal properties in Bengaluru to be regularised under e-Swathu drive

Earlier this week, the Karnataka government announced that approximately 650,000 unauthorised properties across gram panchayats in and around Bengaluru will be eligible for digital e-khata documentation under the e-Swathu initiative. The move aims to bring over 9.5 million such properties statewide into the tax net, enabling owners to complete registrations and secure bank loans. It is also expected to significantly enhance property-tax collection for local panchayats and boost transparency in real-estate records.Read more

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Canadian home sales dip after five months of steady growth

Canada's housing market slowed in September, with national home sales falling 1.7 percent from the previous month, according to the Canadian Real Estate Association (CREA). The decline ended a five-month streak of steady growth seen since April. Lower sales in markets such as Greater Vancouver, Calgary, Edmonton, Ottawa and Montreal outweighed gains in the Greater Toronto area and Winnipeg. Despite the monthly dip, sales were 5.2 percent higher than a year ago. CREA noted that activity still reached its strongest level for September since 2021, reflecting continued underlying demand despite recent price softness.Read more

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White House to submit plans for Trump's 250 million USD ballroom after demolition begins

The White House will submit plans for President Trump's 250 million USD ballroom to the National Capital Planning Commission, even as demolition work is already underway in the East Wing. While Trump promised the project would not affect existing structures, images of partial demolition raised public concern. The project, funded by Trump and private donors, is exempt from historic preservation review, drawing criticism from heritage experts and politicians. Tourists and officials have questioned the transparency and impact on historic structures, while the East Wing's proximity to a secure presidential facility adds further complexity.Read more

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Tamil Nadu relaxes parking space mandate for new large homes

In a recent regulatory shift, the government of Tamil Nadu eased parking space norms for large residential properties. Homes on plots measuring 3,200 sq ft or more will now require space for four cars and four two-wheelers, compared with stricter provisions under the earlier rule. While developers have welcomed the move for allowing greater usable space, planners have expressed concern about its possible effect on street parking and congestion.Read more

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Actor Sonu Sood expands property portfolio with Panvel and Mumbai deals

Recently, actor Sonu Sood and his son Eshaan Sood acquired a plot of land in the Shirdon area of Panvel Taluka for INR 1.05 crore. The site spans approximately 0.0650 hectares (777 square yards), and the transaction included stamp duty and registration charges. In a separate purchase, Eshaan also bought an apartment in Andheri West, Mumbai, for INR 2.6 crore earlier in the year, with associated duties and fees duly recorded.Read more

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