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

Maharashtra clears incentive FSI to speed up redevelopment of Mumbai mill lands

The Maharashtra government has moved to speed up redevelopment of old buildings and chawls on Mumbai’s mill lands by approving key changes to planning regulations. The previous rules lacked incentive Floor Space Index (FSI), which discouraged developers from taking up projects despite many structures being unsafe and long overdue for renewal. Under revised norms, developers will now get added incentive FSI, making projects more viable. Residents on mill lands will keep the right to rehabilitation homes. This change aims to unlock stalled projects and bring renewed investment to Mumbai’s historic mill areas.Read more

cover photo

Vadodara beneficiaries protest after PMAY housing draw postponed

In Vadodara, the planned draw for 2,700 houses under the Pradhan Mantri Awas Yojana was postponed by a day, prompting beneficiaries to protest at the Sir Sayajirao Nagargruh town hall. Although the Vadodara Municipal Corporation said it sent multiple messages about the postponement, many applicants claimed they did not receive or see these alerts. Some had taken leave from work and were worried about losing wages if they had to return for the rescheduled draw. The protests highlight ongoing concerns about communication and delays in housing allotments.Read more

cover photo

Telangana unveils long-term PPP housing plan to boost affordable homes by 2047

Telangana has unveiled an ambitious long-term housing plan that aims to create a steady supply of affordable homes through a public-private partnership (PPP) model by 2047. The initiative invites private developers to work with state agencies to design, build and maintain housing for lower and middle-income families. By combining public land with private capital and expertise, the state hopes to overcome funding delays and speed up delivery. The extended timeline allows phased development aligned with urban growth, infrastructure upgrades and changing housing needs. The plan focuses on providing affordable, well-connected and amenity-rich homes, encouraging developers to deliver quality housing through efficient design and scale.Read more

cover photo

ED raids Bhuvan Teza Infra over INR 80 crore homebuyer scam in Hyderabad

The Enforcement Directorate has raided six locations of Bhuvan Teza Infra in Hyderabad over money-laundering linked to pre-launch Happy Homes flats at Shamirpet. Around INR 80 crore was collected from nearly 300 buyers between 2020 and 2023 without delivery of flats or refunds. TG RERA had earlier penalised the company, declared it a defaulter, and ordered refunds with 11% interest. The director and two employees were arrested in 2024. The case highlights financial, regulatory, and legal accountability in Telangana's real estate sector.Read more

cover photo

Madhya Pradesh clears land consent for Indore Pithampur economic corridor

The Madhya Pradesh Industrial Development Corporation (MPIDC) secured landowner consent for nearly 300 hectares under a land pooling plan for the 19.60 km Indore Pithampur Economic Corridor, covering part of the total 1,177 hectares including private and government land. This development marks steady progress in a major connectivity project designed to ease freight movement and support industrial growth in the region. Authorities continue phased land formalities and will finalise engineering plans before beginning structured corridor development. The project builds on prior land registry steps and policy adjustments for returning developed land to owners.Read more

cover photo

Delhi civic body unveils FY27 budget with focus on sanitation and stable taxes

The Municipal Corporation of Delhi has decided to keep property tax rates unchanged for FY27 despite a sharp rise in taxpayer numbers and collections. The civic body reported a 19.8% increase in registrations, crossing 12 lakh taxpayers, and collections reached INR 2,270 crore, a 30% jump from the previous year. The budget proposal of INR 16,531 crore focuses on sanitation, waste-processing upgrades, parking development, licence reforms, and road construction. While revenue has improved, the MCD continues to carry liabilities of around INR 15,792 crore, including employee dues and contractor payments.Read more

cover photo

LDA clears 385-acre township and housing plans, including 1,100 EWS units

The Lucknow Development Authority has approved a wide set of projects covering about 385 acres, including seven private townships under the Uttar Pradesh Township Policy 2023 and layout plans for major upcoming schemes such as IT City, Wellness City, Naimish Nagar and Varun Vihar. A revised plan for Sharda Nagar clears over 1,100 EWS homes along with supporting infrastructure, including an STP. The LDA has also frozen prices of its vacant flats for a year and introduced discounts for decorated armed-forces veterans. A reclaimed 43-acre tract near Shaheed Path will be redeveloped for group housing and commercial use. The board also resolved relocation issues for 12 displaced shopkeepers.Read more

cover photo

SEPC ends dispute with Hindustan Copper, wins new INR 72.5 crore work order

SEPC Ltd has closed its long-pending arbitration dispute with Hindustan Copper Ltd (HCL) after both sides agreed to a full and final financial settlement. The company will receive INR 30.45 crore under the settlement, clearing all outstanding claims and counterclaims between the two organisations. Along with the settlement, SEPC has also been issued a supplementary work order worth INR 72.5 crore for an ongoing vertical shaft sinking project. The development strengthens SEPC's position in mining infrastructure, a sector where it has been expanding steadily in recent years.Read more

cover photo

Maharashtra rolls out revised OC amnesty scheme for 20,000 Mumbai buildings

The Maharashtra government has introduced a revised occupancy certificate amnesty scheme to resolve long-pending OC issues affecting nearly 20,000 buildings in Mumbai. Announced by Deputy Chief Minister Eknath Shinde, the move is expected to benefit over 10 lakh residents who have faced double property taxes, limited loan access and lower resale values due to missing certificates. The scheme allows penalty-free applications for six months, with reduced charges thereafter, and offers concessions on regularisation premiums. Residents will also gain full redevelopment rights, while hospitals and schools in unauthorised structures will receive relief. The government plans to extend similar measures to other cities, aiming to ease legal hurdles and stabilise Mumbai's housing market.Read more

cover photo

Rajya Sabha members flag pollution, traffic and highway safety issues in key corridors

During a Zero Hour discussion in the Rajya Sabha, BJP members highlighted issues affecting key pilgrimage and transport corridors. Tejveer Singh raised concerns about persistent pollution in the Yamuna at Mathura and Vrindavan, urging upgrades to sewage treatment, stronger monitoring and safer riverbank infrastructure. He also proposed a metro link between major pilgrimage towns to ease festival traffic and improve connectivity. From Goa, Sadanand Shet Tanavde pointed to recurring landslides and blockages on the Goa–Belgaum Highway at Anmod and Chorla Ghats, stressing the impact on daily travel and food supply. He called for faster repairs, strengthened stretches and better warning systems.Read more

cover photo