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%

Taxation & Finance News

Maharashtra property registrations steady in April-June despite ready reckoner rate hike

Property registrations in Maharashtra, including Pune, remained steady in Q1 FY26 (April-June 2025), despite a 3.9% ready reckoner (RR) rate hike on April 1. The state registered 11.33 lakh properties, a 4.51% increase year-on-year, generating INR 12,783.77 crore in revenue, up 2.3%. This indicates the market absorbed the hike without disruption. High-value transactions in urban centers supported revenue. The state revenue minister set a target of INR 60,000 crore for the department this financial year, building on last year's INR 55,000 crore collections.Read more

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NaBFID to advise APCRDA on funding models for INR 80,000 crore Amaravati projects

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed an MoU with the National Bank for Financing Infrastructure and Development for Transaction Advisory Services. This aims to design a financial blueprint for infrastructure projects in Amaravati. The institution will help formulate financial strategies, evaluate public-private partnership models, and identify revenue sources from land assets. This partnership seeks to strengthen the financial ecosystem for Amaravati's development, optimizing capital deployment for its transformation into a world-class capital city.Read more

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Private equity in Indian real estate jumps 38% to USD 2.4B in H1 2025: Knight Frank

Indian real estate attracted a record USD 2.4 billion in private equity during the first half of 2025, marking a 38 percent increase year-over-year. The rush in capital was particularly intense in Q2, with investments doubling to USD 1.6 billion. While commercial office spaces remained the dominant asset class, there was a marked shift toward land deals, hospitality, and student housing. A surge in land acquisitions accounting for 40 percent of total inflows was led by Mumbai, while foreign institutional investors contributed more than three-quarters of the total, underscoring sustained global confidence in India's real estate potential.Read more

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DLF reports INR 4,366 crore profit in FY25, driven by record residential sales

DLF Ltd., India's largest realty firm, reported record sales bookings of INR 21,223 crore in FY25, a 44% increase, and a net profit of INR 4,366.82 crore. The company plans to launch housing properties worth over INR 17,000 crore this fiscal year, targeting INR 20,000-22,000 crore in sales for 2025-26. Its residential and rental businesses saw robust growth, with projects in Gurugram, Chennai, Delhi, and Goa. DLF aims to meet market needs and deliver on targets, reflecting confidence in India's economic fundamentals and continued investment in its 45 million sq ft annuity portfolio and over 280 million sq ft development potential.Read more

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Dwarka Expressway property prices soar 153% in 5 years amid infrastructure boom

Dwarka Expressway in Gurugram has witnessed a remarkable 153% jump in property prices over the past five years, with average high-rise rates now touching INR 14,342 per sq. ft., as per MagicBricks. The stretch's strategic connectivity-linking Delhi to Gurugram-alongside robust infrastructure upgrades such as tunnels, metro corridors, and expressway links, is drawing heightened demand from homebuyers. Developers plan to introduce over 25,000 residential units in the next three years. A series of multimodal transport initiatives are further boosting its prospects as a high-growth investment zone.Read more

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Homes near airports in Bengaluru, Hyderabad, and Mumbai see sharp price growth

Residential property prices in micro-markets near operational and upcoming airports in Bengaluru, Hyderabad, Navi Mumbai, and Greater Noida have registered a substantial increase of 70-120% over the last four years, as reported by Square Yards. The real estate consultancy attributed this surge to improved connectivity and infrastructure in airport-adjacent corridors. Residential plots in these areas experienced even sharper hikes, reaching up to 118% growth, significantly outperforming city-wide averages. The findings underscore the growing influence of airports in shaping real estate appreciation across India.Read more

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Tax refunds surge 474% as India digitizes income tax services and streamlines processing

India's tax administration has witnessed a dramatic overhaul over the past decade, driven by comprehensive digitization efforts that have transformed taxpayer services. Refunds issued by the Income Tax Department have jumped 474%, significantly outpacing the growth in tax collections. The average time taken to process refunds has also plunged by 81%, from 93 days to just 17. This shift is powered by faceless assessments, pre-filled forms, real-time TDS adjustments, and an expanding taxpayer base. The surge in refunds points to increasing voluntary compliance and rising formalization of the economy.Read more

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Delhi-NCR leads luxury housing sales with 3,960 units sold in H1 2025

Delhi-NCR witnessed a substantial surge in luxury housing transactions, recording sales of 3,960 homes priced at INR 6 crore and above during the first half of 2025, marking a threefold increase compared to the same period last year. A CBRE-Assocham report highlighted a broader 85% year-on-year rise in high-end residential sales across India's top seven cities, with nearly 7,000 units sold. Mumbai and Delhi-NCR remained the frontrunners, with noteworthy contributions also from Bengaluru, Chennai, and Kolkata, despite minor dips in Hyderabad and Pune.Read more

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GMADA proposes INR 800 cut in enhancement charges for Mohali plot allottees

The Greater Mohali Area Development Authority (GMADA) has proposed to reduce enhancement charges by INR 800 per square yard for over 30,000 plot allottees in Mohali. This decision, awaiting state government approval, aims to provide financial relief. Currently at INR 2,645 per square yard, these charges are additional compensation to landowners, recovered from allottees. The proposed revision, contingent on comparison with Noida and Panchkula models, seeks to balance landowner compensation with allottee relief, addressing concerns about rising costs and administrative delays in the past.Read more

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Puravankara sees higher realisation in Q1 FY26, sales value up 6% YoY

Puravankara Ltd reported a sales booking of INR 1,124 crore for the April-June quarter of the current financial year, reflecting a modest increase from INR 1,064 crore during the corresponding period last year. This growth came despite a slight drop in sales volume to 1.25 million sq ft, as average price realisation rose sharply to INR 8,988 per sq ft. The firm continues to maintain a robust footprint across nine cities.Read more

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