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

Land registration halted for 20 lakh acres in Andhra Pradesh over record tampering concerns

Andhra Pradesh is facing a land registration crisis, with the registration of approximately 20 lakh acres of assigned lands on hold due to suspected record tampering. This ongoing freeze prevents farmers from selling their lands. Despite government efforts, including village-level meetings and a Group of Ministers, a solution remains elusive. Revenue Minister Anagani Satya Prasad hopes for resolution by October, stating the delay protects genuine landowners.Read more

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Pune: PCMC forms five-member squad to act against illegal construction and staff negligence

The Pimpri Chinchwad Municipal Corporation (PCMC) has introduced a dedicated five-member vigilance squad to tackle illegal construction activities and penalise staff negligence. The move follows growing public concern over delayed civic action and continued unauthorised developments. The new squad will probe complaints filed through the Saarthi helpline and those escalated to senior officers, with findings being reported directly to the Municipal Commissioner. This decision comes after demolition of structures such as a 1,200 sq ft illegal building in Rahatani and thousands of unauthorised units in areas like Kudalwadi and the Indrayani riverbed, underscoring the urgency of the issue.Read more

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Andhra Pradesh introduces self-certification scheme for streamlined building permissions

The Andhra Pradesh government has introduced the Self-Certification Scheme (SCS) 2025 to streamline building permissions. The scheme allows instant online approvals for non-high-rise residential projects on plots up to 4,000 sq.m, and for White Category industries up to 500 sq.m. Under SCS 2025, construction can begin immediately after fees are paid, with licensed technical personnel (LTPs) responsible for compliance. This aims to boost real estate growth by fostering a trust-based mechanism, reducing compliance burdens, and is integrated into state building rules, aligning with central government capital investment initiatives.Read more

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Lotus Boulevard case: High Court demands answers on STP violations and OCs

The Allahabad High Court has asked the Noida Authority to explain why occupancy certificates (OCs) were issued for towers at Lotus Boulevard in Sector 100 despite incomplete sewage treatment systems. A petition by the Apartment Owners' Association revealed that only 1.5 out of 4 required sewage treatment plants (STPs) were built when OCs were granted in 2012 and 2016. The court has demanded a sworn affidavit detailing the required and existing STPs, who approved the OCs, and whether any fixes have been made. A senior Noida Authority official must also appear in the next hearing, which is scheduled for mid-July.Read more

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GDA issues 15-day demolition notice to Rajendra Nagar residents over park encroachment

Following a 2023 petition, the GDA has demanded demolition of 172 homes in Rajendra Nagar, alleging that the long-standing colony occupies former parkland. The NGT has required a detailed action report by late July, with the next hearing scheduled for 29 August. While authorities defend their actions based on a government-directed survey, residents argue that official approvals were granted decades earlier. The development highlights ongoing tensions between urban growth, environmental mandates, and housing rights in Ghaziabad.Read more

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Ludhiana: Shops near Ladhowal bypass given at INR 1,100 rent under probe for fraud

Ludhiana's DDPO has annulled leases for 70 shops in a prime area near Ladhowal bypass after an internal audit found forged procedures, negligible rent and lack of approvals. Agreements were executed without technical, administrative or market-rate evaluations, committing INR 1,100 per month in perpetuity-far below market value. The DDPO has served eviction notices and launched legal proceedings against two implicated officials. A transparent re-allotment process is on the cards, while deeper probes aim to uncover if more staff were involved in the scheme.Read more

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Navi Mumbai civic body demolishes unauthorised sheds in Turbhe

The Navi Mumbai Municipal Corporation carried out a demolition drive against unauthorised sheds in Turbhe after the occupants ignored prior notices. Under instructions from Municipal Commissioner Dr Kailas Shinde and supervision by Additional Commissioner Dr Rahul Gethe and Deputy Commissioner Dr Kailas Gaikwad, the encroachment department undertook the operation. A team comprising local civic officers, security personnel, and police officials ensured the removal was carried out smoothly using 21 labourers and a JCB machine.Read more

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Telangana RERA suspends Shrivari's Brundavanam project after homebuyer complain

TGRERA has suspended operations on the Shrivaris Brundavanam housing project due to stalled construction-around 35 percent complete and unfulfilled possession promises. All promotional and sales activity has ceased, and the developer must provide full buyer lists, financials and a detailed completion schedule ahead of a tribunal. This reflects TGRERA's broader enforcement approach: ordering refunds with interest for non-delivery in unregistered projects, penalising promoters and real estate agents, and mandating completion of delayed developments. The authority is taking firm action to hold developers accountable and protect homebuyer interests.Read more

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Mohali villagers reject GMADA's land pooling scheme, cite low returns and past delays

GMADA's land pooling scheme in Mohali has faced severe backlash, with only 15 of nearly 8,000 villagers opting in. The initiative aimed to consolidate 2,600 acres for commercial, residential, and industrial expansion across sectors like 84, 87, and 120-124. Farmers, especially smallholders, argue compensation is unfair and cite unresolved past issues like delayed Aerocity and IT City allotments. Villages including Patton and Kishanpura have formally rejected the scheme. Protests also highlight alleged coercion and surveillance via satellite to track unauthorized colonies. Despite opposition, officials plan to begin acquisition in 3-4 months, emphasizing long-term benefits for landowners and regional development.Read more

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Bombay High Court clears salt pan land for Dharavi rehabilitation, dismisses PIL

The Bombay High Court has rejected a public interest litigation (PIL) challenging the use of Mumbai's salt pan land for the Dharavi Redevelopment Project. The bench, headed by Chief Justice D K Upadhyaya and Justice Arif Doctor, ruled that no evidence supported the claim that the land was environmentally sensitive or legally restricted. The judges stated that governmental approvals had already been secured for its use, with no legal bar cited under existing urban planning laws. The PIL had raised concerns over CRZ violations and the potential precedent such land use could set.Read more

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