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%

Location : Bhopal

Resset Group acquires 3-acre South Bopal land for premium mixed-use project

In a significant development for Ahmedabad's real estate sector, Resset Group has acquired a 3-acre prime land parcel in South Bopal through its Special Purpose Vehicle (SPV) for approximately INR 42 crore, with an additional INR 2.5 crore paid in stamp duty. The site, located near the proposed Olympic 2036 Village, is set to house a premium residential and retail project offering 2 and 3 BHK units. The development will feature contemporary designs, sustainable architecture, and a Singapore-inspired landscape by Studio Black Smith, reinforcing Resset's focus on innovation and community-centric planning.Read more

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Bhopal Metro nears operational launch as final safety inspections progress

Bhopal Metro is entering its final phase before starting public operations, with the Commissioner of Metro Rail Safety (CMRS) conducting final inspections on the priority corridor. The focus is on eight key stations linking Subhash Nagar Depot to AIIMS Bhopal. Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) has completed most infrastructure work and is now finalizing safety systems, passenger amenities, and aesthetic enhancements. Once the CMRS approvals are obtained, the metro is set to provide a modern, efficient urban transport option, enhancing connectivity across the city.Read more

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Bhopal Metro to begin operations next month with noise-free technology

Bhopal Metro is set to launch its priority corridor from AIIMS to Subhash Nagar Depot next month, spanning 7.5 km with eight stations and speeds up to 80 km/h. The project incorporates advanced noise and vibration reduction measures, including rubber padding under tracks, acrylic barriers, foam-insulated track-switch mechanisms, and vibration-reduction mats. Trains will slow near sensitive zones, and depot equipment will remain quiet within "pack houses." MPMRCL plans to invest INR 1.2 crore to assess these initiatives, while inspections by the Commissioner of Metro Rail Safety are underway to approve passenger services.Read more

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Landowners along Bhopal Metro route choose quick compensation scheme

Land acquisition for Bhopal Metro's Orange Line is gaining pace as more landowners opt for the Mutual Purchase Policy under Madhya Pradesh's Aapsi Kharid Niti - 2014. So far, 40 property owners have consented, ensuring compensation within two months and avoiding lengthy acquisition disputes. Owners of structures will be reimbursed for buildings, while landholders will receive double the collectorate rate. In areas where consent hasn't been given, acquisition is moving forward through the Sub-Divisional Magistrate, with objection periods now closing. With three acquisition notifications issued and final surveys planned, the project is advancing smoothly, signalling reduced resistance and steady progress for metro development.Read more

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SEBI boosts municipal bond awareness with outreach programme in Bhopal

SEBI conducted a Municipal Bond Outreach Programme in Bhopal to guide Urban Local Bodies on using municipal bonds for financing urban infrastructure. The sessions covered investor expectations, regulatory requirements, and procedures for issuing bonds. SEBI also highlighted its e-learning course on municipal bonds developed with the World Bank. Madhya Pradesh officials stressed the need for strong financial management, revenue-focused projects, and staff training. Following a similar programme in Thiruvananthapuram, SEBI continues to support ULBs in adopting municipal bonds as a reliable funding tool for urban development.Read more

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High Court steps in to stop illegal commercial buildings in Arera Colony, Bhopal

The Madhya Pradesh High Court has ordered a stop to all illegal commercial activities in Bhopal's Arera Colony (E-1 to E-5), a residential zone. Petitioners highlighted lease and planning violations caused by rising commercial setups like shops and restaurants. Notices have been sent to concerned government departments, and they have been instructed to respond within four weeks. The court also ordered that no new non-domestic electricity connections be issued, and no further construction take place until the matter is decided.Read more

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Bhopal launches Sampada-2 to combine property sale and loan registration in one step

Bhopal is set to roll out a major upgrade to its Sampada 2 platform, allowing homebuyers to register both sale deeds and mortgage documents in a single digital appointment. This eliminates the need for separate visits and streamlines the entire property registration process. Users will receive final documents in PDF format, reducing paperwork and in-person collection. The system will auto-link sale and loan records, with future plans for Aadhaar-based eKYC and digital payments. Part of a wider national move toward digitised land records, this reform supports faster, transparent transactions and benefits buyers, banks, and real estate developers alike.Read more

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Bhopal to relocate 9 central slums and build 14,000 homes under PPP scheme

The municipal government has kicked off an ambitious urban renewal effort by relocating nine slum clusters from Bhopal's city centre to sites within a 3-5 km radius. Around 14,000 permanent homes will be built via a Public-Private Partnership on government land. This move part of the wider Jhuggi Mukt Bhopal Yojana aims to free up 125 acres in the heart of the city and revamp living standards across 388 slums impacting 150,000 households. It follows previous survey efforts and on-site redevelopment plans near high-security zones that were abandoned to avoid security issues.Read more

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Bhopal: BMC flags over 1,200 buildings as dangerous ahead of monsoon

The Bhopal Municipal Corporation has flagged over 1,200 buildings as structurally unsafe-up from 450 last year-prompting evacuation notices to around 700 households, especially in old city areas like Aishbagh. Legal disputes over property rights and political pushback have stalled repairs and demolitions, even as monsoon risks loom. Many unsafe buildings obstruct stormwater channels or sit atop drainage lines, worsening flood management in a city already prone to waterlogging. Experts warn that unchecked urbanisation and encroachments over historical water bodies have left Bhopal ill-equipped for seasonal rains. Despite annual warnings, slow enforcement and infrastructure neglect continue to hinder meaningful action.Read more

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PM Modi to launch Indore Metro, Datia and Satna airports during Bhopal visit this week

Prime Minister Shri Narendra Modi is scheduled to inaugurate the first phase of the Indore Metro Rail project along with the newly developed Datia and Satna airports during his visit to Bhopal later this week. The announcement was made by Madhya Pradesh's Parliamentary Affairs Minister, Kailash Vijayvargiya, following a state cabinet meeting. The Prime Minister is also expected to participate in a large-scale women's empowerment programme coinciding with the 300th birth anniversary of Malwa queen Devi Ahilyabai Holkar. Nearly two lakh women are expected to attend the celebration, marking it as a significant cultural and infrastructural milestone for the state.Read more

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NGT dismisses petition to halt construction in Bhopal's Chandanpura

The National Green Tribunal's central zone bench has dismissed a petition seeking a construction ban in Chandanpura, Bhopal, citing the area's existing 50-60 residential colonies and its non-designation as a protected forest under the Wildlife Protection Act. The tribunal directed the Town and Country Planning Department to consider environmental sustainability before approving future projects.

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Bhopal committee reviews objections to 18% hike in property guideline rates

The district committee in Bhopal is currently reviewing objections to an 18% increase in property guideline rates, which has sparked concerns among various stakeholders. The proposed hike, aimed at aligning property rates with the current market conditions, could impact property buyers and valuations. The committee is carefully assessing the feedback before finalising the new rates, which will directly affect stamp duties and property valuations. This review process will help ensure a balanced approach that considers both market dynamics and public concerns regarding the proposed increase.

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Bhopal Municipal Corporation seizes properties over unpaid taxes and fees

The Bhopal Municipal Corporation (BMC) has seized multiple properties, including a marriage garden, a hotel, and several shops, as part of its revenue recovery drive targeting unpaid taxes and charges. Out of eight properties initially marked for action, three owners cleared their dues during the operation. Notable defaulters included Hills View Marriage Garden near Kaliyasot Dam, which owed INR 14,06,555, and several units in Jyoti Shopping Centre, such as Shop No. 204 (INR 1,11,392), Shop No. 301 (INR 4,85,466), and Shop No. 301-A (INR 2,28,699). Office No. 405, linked to Bina Nikarbar, had dues of INR 3,27,653. BMC also took action in Zone 21, seizing property owned by Savita Jain. The crackdown extends to the recovery of property tax, water charges, and solid waste management fees.

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HC Judgement: Court direct Bhopal Collector to enforce INR 3.26 lakh RERA order in 10 days or appear in court

The Madhya Pradesh High Court has ordered the Bhopal Collector to enforce a 2020 RERA directive within ten days or appear in court on March 12. The order follows a contempt petition filed by Arvind Verma, as the Collector failed to recover INR 23.26 lakh from a defaulting builder despite repeated court instructions. This case highlights RERA enforcement challenges across India, where builders delay payments and authorities fail to act. The central government is reviewing RERA regulations to strengthen compliance. The case underscores the need for stricter enforcement to protect homebuyers and uphold regulatory credibility.Read more

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Bhopal Metro Phase II to connect Bhadbhada Square and Ratnagiri by early February

The Bhopal Metro's Phase II is set to launch by late January or early February, spanning 15 kilometers from Bhadbhada Square to Ratnagiri Intersection with 14 elevated stations. Aimed for completion before the 2028 state elections, the project reflects Madhya Pradesh's commitment to urban development. Lessons from Phase I, including enhanced coordination and a streamlined contractor approach, promise smoother execution. Phase II, part of a planned 31-kilometer network, is expected to boost connectivity, reduce traffic congestion, and drive economic growth. As Bhopal anticipates the metro's benefits, the government's proactive approach could make it a model for urban transport in India.Read more

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Bhopal Metro achieves milestone with major land clearance for first underground station

The Bhopal metro project reached a critical milestone as a two-acre land clearance operation near Bhopal Railway Station marked a step forward in constructing the city's first underground metro station on the Orange Line. Executed by MPMRCL with local authorities, the operation saw the demolition of 40 shops and structures near Alpana Talkies, with INR 1.23 crore distributed as compensation to displaced parties. Set to connect Karond Circle to AIIMS Bhopal, the Orange Line aims to enhance public transit, linking key residential and commercial hubs. The underground station is a pivotal development toward modernising Bhopal's urban infrastructure.Read more

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Bhopal Metro: Phase 1 to become fully operational by 2027

Vidhi Sangoi

The Bhopal Metro, known as the Bhoj Metro, is an ambitious project aimed at transforming urban transportation in Bhopal, Madhya Pradesh. Designed to address traffic congestion and pollution, the metro will offer a modern, eco-friendly transit system. The first phase includes two lines-Orange Line (14.99 km, 16 stations) and Blue Line (12.88 km, 13 stations)-integrating key commercial and residential hubs. Trial runs began in September 2023, with full operations expected by 2027. Featuring advanced amenities, sustainable construction, and funding from government and international bodies, the metro promises improved connectivity, reduced pollution, and enhanced quality of life for residents.Read more

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Bhopal launches 'Jhuggi Mukt' initiative to transform slums through PPP model

The Bhopal Municipal Corporation (BMC) has initiated the 'Jhuggi Mukt Bhopal' project, a transformative urban redevelopment plan aimed at rehabilitating slum dwellers through public-private partnerships. Targeting approximately 1.5 lakh households across 388 slums covering over 650 acres, the initiative will conduct a socio-economic survey to facilitate resettlement and improve community services. Private developers will create modern housing and commercial spaces, ensuring economic sustainability and better living standards for the urban poor. The plan emphasizes inclusivity and stakeholder engagement, aiming to drive socio-economic change in Bhopal and potentially serving as a model for other cities facing similar challenges.Read more

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Bhopal Metro to begin trial runs on Subhash Nagar-AIIMS route soon, aiming for a mid 2025 launch

The Bhopal Metro project is advancing, with trial runs on the 7 km Subhash Nagar-AIIMS Bhopal stretch expected soon and operations targeted for July 2025. Part of the first phase, the metro spans 31 km with two lines: Orange (AIIMS to Karond) and Blue (Ratnagiri to Bhadbhada). Eight stations along this stretch, including DRM Office and AIIMS Bhopal, are nearing completion. The recently finished Habibganj rail overbridge enhances connectivity. Once operational, the metro will provide an efficient, eco-friendly transport solution, easing traffic congestion and improving access to key locations, marking a transformative step for Bhopal's urban infrastructure.Read more

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Bhopal police file FIRs against landlords for failing tenant verifications

The Ayodhya Nagar police have filed FIRs against landlords Harisingh Yadav and Manoj Kumar Gupta for failing to complete mandatory tenant verifications, as required by Bhopal Police directives under Section 163 of the Bhopal Nagar Seva Samiti regulations. This initiative, led by Police Commissioner Harinarayanachari Mishra, aims to enhance city security by ensuring landlords provide tenant details through a police portal or local stations. Tenant verification helps prevent criminal activities and improve law enforcement response. Authorities urge landlords to comply to avoid penalties and contribute to public safety, aligning with broader national efforts to enhance urban security.Read more

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