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

Haryana RERA directs builder to compensate OSB Expressway Towers buyers

The Haryana Real Estate Regulatory Authority (H-RERA) has ordered Ocean Seven Buildtech Pvt Ltd to compensate homebuyers of the OSB Expressway Towers project in Sector 109, Gurugram, with an annual interest rate of 11.10% due to extensive delays in possession. The developer has been directed to settle the compensation within 90 days and clear any pending dues within 60 days. The authority also prohibited the builder from levying additional charges beyond the builder-buyer agreement.Read more

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Karnataka Assembly passes bill to regularize building violations

The Karnataka Assembly has passed a new bill to regularize certain building violations by raising the permissible threshold for deviations from 5% to 15%. This legislation empowers municipal commissioners to penalize and regularize unauthorized constructions, and it also decentralizes the process for smaller plots by granting authority to professional architects and engineers. The bill, which is intended to provide relief to thousands of property owners, particularly those from middle- and lower-income groups, also simplifies the process for obtaining utility connections for small plots.Read more

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471 tenant checks in 2025 as Goa Police step up 'Know Your Neighbour'

Goa Police have intensified tenant verification in the first half of 2025, conducting 471 drives, more than double the 236 carried out in 2024. This initiative, under the 'Know Your Neighbour' program, ensures tenant, servant, and foreigner information is verified to enhance safety. Landlords are required to fill verification forms, which are cross-checked with native police stations. Surprise inspections have been conducted to ensure compliance. While no crimes have been directly detected, authorities believe these efforts prevent potential risks and are moving toward an online system to make the process more efficient.Read more

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Telangana HC seeks quick resolution of FTL, buffer zone land disputes

The Telangana High Court has called for an immediate and coordinated resolution of long-standing disputes related to full tank levels (FTL), buffer zones, and canal lands. Criticizing bureaucratic delays and conflicting land classifications, the court stressed the impact on Hyderabad's urban environment, including worsening parking problems due to unauthorized additional flats. Interim relief in a related case was denied, and the court has scheduled further hearings. Historical lapses, unclear notifications, and regulatory inconsistencies highlight the urgency of clear, unified action by state authorities.Read more

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Noida Authority intensifies crackdown on illegal constructions

The Noida Authority has launched an aggressive campaign against illegal construction by directing officials to file First Information Reports (FIRs) and proactively follow up on existing police cases. The Authority is creating a comprehensive database to track all enforcement actions, including notices, complaints, and sealed properties. This new system is designed to enhance accountability, prevent negligence, and ensure a more effective and coordinated effort against illegal encroachments, particularly in flood-prone areas.Read more

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Karnataka passes bill to split BBMP into 5 corporations under GBA

The Karnataka Assembly has passed the Greater Bengaluru Governance (Amendment) Bill, 2025, a landmark piece of legislation aimed at decentralizing the city's civic administration. The bill will replace the existing Bruhat Bengaluru Mahanagara Palike (BBMP) with five smaller municipal corporations to improve urban governance and make it more participatory. Additionally, a new Greater Bengaluru Authority (GBA) has been established to oversee and coordinate development and integrated planning across the entire metropolitan region, which is set to expand from 700 sq km to nearly 1,000 sq km.Read more

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Uttar Pradesh orders three high-level panels to unlock stalled industrial land

The Uttar Pradesh state government recently set up three senior committees to tackle long-standing land allocation challenges under Noida, Greater Noida, and Yamuna Expressway urban-industrial zones. One panel is probing ways to release vast notified tracts, another will examine steep industrial land pricing, and the third aims to simplify building codes. Each committee includes top officials from Invest UP, various development authorities, and legal departments, and they've been asked to deliver plans within a fortnight. Combined with ongoing efforts to speed investment approvals and boost transparency, these steps mark a sharp push to make the state more attractive for industrial growth.Read more

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GNIDA clears stalled Sampada Livia, buyers to complete project by 2026

In a landmark victory for homebuyers, the Sampada Livia project in Greater Noida has been revived after being stalled for a decade. The Greater Noida Industrial Development Authority (GNIDA) has granted the SLB Welfare Association, a body of homebuyers, permission to complete the project, making it a unique example of a citizen-led revival. This institutional support, sanctioned under the Uttar Pradesh government's new Legacy Stalled Real Estate Projects Policy, provides a lifeline for hundreds of families who invested in the project. The association, after years of legal battles that reached the Supreme Court, has taken control of the construction and aims to deliver the long-awaited flats by 2026.Read more

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Land Stack' project to modernize Chandigarh's property records

The city of Chandigarh has been selected as a pilot location for the 'Land Stack' project, a nationwide initiative aimed at creating a unified, secure, and transparent digital system for land records. The project promises to revolutionize property management, reduce disputes, and enhance citizen services by leveraging advanced technology like blockchain. By leveraging modern solutions such as blockchain, the initiative is designed to streamline property transactions, significantly reduce land disputes and litigation, and promote better governance. This crucial step toward digitization is expected to enhance citizen services and set a precedent for other regions, paving the way for a more efficient and accountable real estate sector.Read more

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Telangana introduces e-Aadhaar property registration pilot in Armoor and Kusumanchi

Telangana has introduced a pilot project for e-Aadhaar-based property registration in the sub-registrar offices of Armoor and Kusumanchi. Revenue Minister Ponguleti Srinivas Reddy said the initiative is designed to make property registrations faster and more transparent. The government has already implemented a slot booking system, which has been widely used, with over 300,000 slots booked in recent months. Plans are also in place to establish integrated sub-registrar offices, including a major complex in Gachibowli, which will consolidate multiple offices and streamline registration services across key districts.Read more

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