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%

Law & Policy

Kerala plans major land law reforms to boost industry allowing larger land holdings and relaxed approvals

The Kerala government is considering major amendments to land laws to promote industrial growth, including increasing the land ceiling for industries from 15 acres to 100 acres and relaxing rules on converting paddy land and wetlands. The reforms aim to attract investments but face criticism over environmental and agricultural risks. Similar changes have been implemented in Gujarat, Karnataka, and Rajasthan to facilitate industrial expansion. However, concerns remain about reducing local governance powers and potential land misuse. Striking a balance between economic growth and sustainability will be crucial for Kerala's long-term development.Read more

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Tamil Nadu finalises Coimbatore Masterplan with focus on urban infrastructure

The Tamil Nadu government is set to finalise Coimbatore's second masterplan after 30 years, with a vision extending to 2041. The draft, published in February 2024, received over 3,000 suggestions, leading to modifications in the final version. According to district collector Pavankumar G Giriyappanavar, key inputs are being incorporated before its expected release in May 2025. The plan focuses on urban infrastructure, water management, green spaces, and transportation. Additionally, separate masterplans for Mettupalayam and Pollachi are in progress. Officials highlight the long-term impact of this initiative, but concerns remain over public participation in the planning process.Read more

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Ghaziabad Development Authority expands jurisdiction to 77 villages along expressways

The Ghaziabad Development Authority (GDA) has approved the assimilation of 77 villages along the Delhi-Meerut Expressway and Eastern Peripheral Expressway to regulate rapid urbanization and infrastructure growth. This move includes 51 villages near Modinagar, Loni, and Baghpat, and 26 villages near Ghaziabad city. The GDA also addressed plot relocations in Madhuban Bapudham and approved fair land allocation for farmers. Similar expansions in cities like Chandigarh and Tambaram highlight the importance of structured urban planning. By integrating these villages, GDA aims to ensure systematic development, curbing unregulated growth and enhancing the region's infrastructure.Read more

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Madhya Pradesh to develop metro clusters under structured urban planning

The Madhya Pradesh government has announced plans to develop two major metropolitan regions-one integrating Indore, Ujjain, Dewas, and Dhar, and the other encompassing Bhopal, Sehore, Raisen, Vidisha, and Biora. This initiative aims to transform these clusters into economic hubs, boosting investment, employment, and business opportunities. The state is implementing policies like Transfer of Development Rights (TDR), the Integrated Township Policy-2025, and the Green FAR concept to ensure sustainable urban growth. Learning from cities like Mumbai and Delhi, MP seeks to balance rapid urbanization with infrastructure and environmental planning, positioning itself as a key economic player.Read more

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Himachal Pradesh approves INR 219.46 crore welfare budget for construction workers

The Himachal Pradesh Building and Other Construction Workers Welfare Board has sanctioned a INR 219.46 crore budget for 2025-26 to enhance welfare programs for construction workers. INR 160 crore is allocated for social welfare initiatives, including health benefits, education support, and accident relief. A INR 35 crore day boarding school in Dehra, Kangra, will provide quality education for workers' children. The board will also digitize beneficiary records for transparency and efficiency. Emphasizing skill training, the initiative aligns with similar programs in Maharashtra and Karnataka, aiming to uplift construction workers and ensure long-term social and economic security.Read more

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HRERA News: Gurugram builder sentenced to civil imprisonment over non-compliance with refund order

The Haryana Real Estate Regulatory Authority (HRERA) Gurugram bench has ordered one month of civil imprisonment for a developer who failed to refund INR 26.07 lakh to an investor in a delayed commercial project in Sector 89, Gurugram. Despite earlier directives, the developer ignored HRERA's ruling to pay back the amount with 10.75% annual interest. The investor, frustrated with long delays and non-payment of assured returns, approached HRERA, which ruled in his favor late last year. The authority's latest order also mandates the developer's appearance before the forum in the coming weeks.Read more

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Haryana Budget 2025-26: State boosts gig worker welfare, urban housing, and green initiatives

Haryana Chief Minister Shri Nayab Singh Saini has introduced a series of wide-ranging reforms in the state's budget, aiming to boost social security, law enforcement, housing, and environmental conservation. A key highlight is the launch of a new portal to register gig workers and extend insurance benefits. Additionally, the state plans to fast-track drug-related cases, modernize the police force, and expand cybercrime infrastructure. The budget also features initiatives for affordable rental housing, environmental protection, women's empowerment, and enhanced development funds for MLAs, marking a significant step towards Haryana's holistic socio-economic development.Read more

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HC Judgements: Bombay High Court fines builder INR 1 lakh for defying MahaRERA orders

The Bombay High Court has imposed a penalty of INR 1 lakh on a developer for dragging homebuyers into unnecessary litigation, reinforcing the importance of MahaRERA's authority in safeguarding consumer rights. The case stems from a 2019 dispute where a couple, after facing issues securing a home loan due to the developer's partial documentation, sought a refund for a flat booked in an under-construction project in Jogeshwari. Despite a favorable MahaRERA and tribunal ruling, the developer escalated the matter to the Bombay High Court. The court has now closed the second appeal, directing the developer to honor the refund along with interest and additional costs.Read more

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Karnataka HC clarifies balcony rules must follow RMP 2015

The Karnataka High Court has ruled that BBMP cannot impose restrictions on balcony lengths beyond what is specified in the Zonal Regulations of the Revised Master Plan (RMP) 2015. The court stated that RMP 2015, formulated under the Karnataka Town and Country Planning Act, takes precedence over BBMP's Building Bylaws, which had limited balcony lengths to one-third of a building's side. However, it clarified that balcony areas must be included in the Floor Area Ratio (FAR) calculation. This decision aligns with previous rulings emphasizing the authority of master plans in urban development regulations.Read more

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Coimbatore launches drone-based land survey for accurate and transparent property records

Coimbatore is set to modernize its land records through a drone-based survey under the Digital India Land Records Modernization Programme (DILRMP). Covering a 10.44 sq km area across seven wards, the survey will map 73,263 buildings with high precision. Using ortho-rectified images, ETS, and DGPS, officials will update land records for public access within a year. Similar initiatives in Punjab, Delhi, and through the SVAMITVA Scheme have improved land governance across India. This project aims to enhance property documentation, reduce disputes, and support urban planning, making land ownership more transparent and efficient.Read more

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