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

Jaisalmer ends 34-day protest as Oran and Gochar lands get legal recognition

The 34-day protest in Jaisalmer demanding registration of Oran and Gochar lands came to an amicable end after detailed discussions between local representatives and the district administration. Officials agreed to formally record nearly 100,000 bighas of land, including around 17,562 bighas designated as Oran. The resolution also included a commitment to conduct extensive surveys of water bodies, heritage sites, and lands marked for industrial purposes, ensuring coordination with gram panchayats and state-level monitoring.Read more

cover photo

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

cover photo

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

cover photo

MMRDA unveils USD 1 trillion vision for Mumbai's future at Rahsta Expo

During the Rahsta Expo held recently at the Jio World Convention Centre, Mumbai, Dr Sanjay Mukherjee, IAS, Metropolitan Commissioner of MMRDA, emphasised that roads are not merely infrastructure assets but the foundation of economic expansion. He discussed how integrated transport networks, strategic mega projects, and stakeholder efficiency would collectively drive the Mumbai Metropolitan Region's (MMR) evolution into a global urban centre and contribute to the goal of achieving a USD 1 trillion economy by 2047.Read more

cover photo

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

cover photo

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

cover photo

Karnataka issues detailed rules for layout approvals on converted land outside planning zones

The Karnataka government has issued detailed rules for approving layout developments on converted land that falls within gram panchayat limits but lies outside designated planning areas. The new norms make it mandatory for developers to secure layout design approvals from competent planning authorities before a new Property Identification (PID) number can be generated. The regulations also require free transfer of land for civic amenities to gram panchayats and ensure all development works adhere strictly to approved plans, estimates, and departmental certifications.Read more

cover photo

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

cover photo

Bombay High Court clarifies banks' discretion in granting OTS benefits and enforcing loan terms

The Nagpur bench of the Bombay High Court recently ruled that courts cannot compel banks to modify loan agreements or grant one-time settlement (OTS) benefits to borrowers or guarantors. The verdict came after a plea challenging Indian Bank's refusal to extend OTS benefits on a INR 62 crore loan sanctioned in 2011. The court held that granting OTS benefits falls within a bank's commercial judgment and cannot be enforced through judicial intervention. It further stated that borrowers and guarantors are bound by the contracts they willingly entered into.Read more

cover photo

Greater Bengaluru Authority rolls out ward-level climate action plans to curb emissions

The Greater Bengaluru Authority (GBA) is creating detailed ward-level climate action plans to address local environmental issues and support the city's goal of net-zero emissions by 2050. The Climate Action Cell (CAC) is leading the initiative, selecting ten wards across the city's five municipal corporations to develop tailored interventions. Each ward will have a specific plan identifying key challenges, mitigation steps, and prioritized actions. Environmental experts have welcomed the effort but stressed focusing on high-impact measures such as low-emission zones, bus priority lanes, and mapping the city's green-blue cover to strengthen Bengaluru's climate resilience.Read more

cover photo