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

India plans major carbon capture incentives as coal continues to drive energy demand

India is preparing a national push for carbon capture technologies, offering substantial incentives to selected projects to encourage industries to integrate CCUS with coal-based energy systems. The government aims to use these technologies to manage rising electricity demand while reducing emissions, with potential funding covering 50% to 100% of project costs. Coal will continue to play a central role in India's energy strategy, with capacity set to grow. Initiatives also explore synthetic natural gas and gasification to lower imports and emissions, aligning with global climate goals.Read more

cover photo

Noida Authority begins demolition of illegal flats in Salarpur Khadar

Noida Authority carried out a demolition drive in Salarpur Khadar village, targeting illegal multi-storey buildings constructed on 24 plots. Around 39 developers had put up nearly 60 buildings, many of which were marketed as 1BHK to 3BHK apartments priced between INR 30 lakh and INR 65 lakh. While court stay orders stopped demolition on some plots, the authority demolished site offices and tin sheds on three other plots. Officials have said they will apply land mafia laws, take action against illegal groundwater extraction, and continue monitoring the site with daily inspections under senior supervision.Read more

cover photo

Supreme Court protects homebuyers' claims in builder insolvency cases

The Supreme Court has clarified that homebuyers in projects undergoing insolvency proceedings can claim possession once their claims are verified and admitted by the resolution professional. This ruling highlights the protection of individuals who invest significant amounts in properties but face delays due to the developer's insolvency. The decision comes after cases where buyers had paid most of the property cost but could not move in because the projects were stuck under insolvency proceedings.Read more

cover photo

DTCP removes unauthorised encroachments and gates to restore public movement in Gurugram

The Department of Town and Country Planning (DTCP) carried out enforcement drives in Gurugram's Sector 85 and Sector 49, targeting unauthorised obstructions on public roads. Gates and a guard room put up by a developer in Sector 85 were demolished for blocking access, while in Sector 49, a resident association was found to have converted part of a road into a park. Officials stressed that public thoroughfares must remain free from encroachment.Read more

cover photo

KDMC halts Samarth Complex demolition after state intervention

The Kalyan-Dombivli Municipal Corporation (KDMC) postponed the demolition of Samarth Complex after an urgent intervention by the state Urban Development department. The building is among 65 illegal structures in Kalyan and Dombivli, built since 2020 with forged approvals, including fake RERA certificates, and in some cases, on government land. Many unsuspecting buyers paid INR 15-40 lakh for 1BHK and 2BHK flats using bank loans. Protesting residents threatened self-immolation if demolition went ahead, citing earlier government assurances. A 2022 SIT probe exposed widespread fraud, leading to arrests, while courts later ruled the buildings illegal. The final decision now rests with the state.Read more

cover photo

Gurugram civic body takes down 32 illegal flats lacking approvals and safety clearance

The Municipal Corporation of Gurugram (MCG) demolished and sealed 32 under-construction flats at Anamika Enclave in Sector 14. The structures had been raised without mandatory approvals, including building plan clearance, fire safety certification, and required fire escape provisions. The demolition was carried out by the enforcement wing of the civic body under the supervision of senior officials and with police support. Authorities said unauthorised buildings strain basic infrastructure and are often linked to illegal water and electricity connections.Read more

cover photo

Prayagraj expands commercial zones along 42 key roads under Master Plan 2031

Prayagraj has expanded its commercial development scope by including 42 major roads under the Master Plan 2031, allowing property owners to convert buildings into commercial spaces. The expansion goes beyond the earlier plan, which covered 29 roads, aiming to stimulate local business growth and employment. Key roads such as Mahatma Gandhi Marg, Tashkent Marg, and Katju Marg are now included. The Prayagraj Development Authority (PDA) will monitor compliance through surveys and enforcement of compounding rules. This step is expected to gradually convert residential stretches along major roads into active commercial corridors.Read more

cover photo

Bengaluru drops OC rule for homes up to 1,200 sq ft on small plots

The Karnataka government has removed the requirement for an occupancy certificate (OC) for individual homes of up to 1,200 sq ft built on 30-40 plots in Greater Bengaluru, when they are ground-plus-two or stilt-plus-three stories. The change responds to concerns that even small residential structures were being held up by mandatory OC rules. High-rise, commercial, and mixed-use projects still need OCs. It aims to simplify procedures for many homeowners without affecting larger or riskier buildings.Read more

cover photo

Navi Mumbai civic body intensifies demolition drive in Ghansoli and Koparkhairane

The Navi Mumbai Municipal Corporation (NMMC) recently carried out anti-encroachment operations in Ghansoli and Koparkhairane after property owners and developers failed to comply with issued notices. Under the directives of senior civic officials, unauthorised structures were demolished with the assistance of machinery, labourers and police deployment. The action followed repeated violations where developers had continued construction without mandatory approvals despite warnings from the civic body.Read more

cover photo

UK-India infra bridge urges clear frameworks to boost investor confidence

The UK-India Infrastructure Financing Bridge, a joint initiative of NITI Aayog and the City of London Corporation, has published its first-year report recommending a project assessment framework to guide investor decisions in highways and rapid transit. The report highlights the need to integrate climate adaptation and ESG considerations into project design while calling for more transparency, better risk management, and stronger revenue protection. It also proposes that India's Detailed Project Reports be expanded to include full-lifecycle risk analysis and resilience. Moving into its second year, the initiative will widen its scope to new sectors, including green hydrogen and offshore wind.Read more

cover photo