SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Asset class : Land

Odisha updates building rules to resolve part plot registration issues

13 Jun 2025

The Odisha government has notified the 'Odisha Development Authorities (Planning and Building Standards) Second Amendment Rules, 2025,' addressing long-standing challenges around part plot registrations. Key changes include exemptions for family-based sub-divisions from layout approvals and a one-time relief allowing sub-division of plots under 500 sq. m without development authority clearance, provided they aren't for commercial use. Agricultural plots are also exempted from layout rules if land use remains unchanged. The amendment simplifies benchmark value calculations by accepting self-attested valuations downloaded from the Inspector General of Revenue's website. For industrial projects outside urban areas, a minimum road width of 6 metres is now mandatory. Commercial development norms have been relaxed, with ground coverage limits removed and setback exemptions granted for plots up to 4,000 sq. m. The changes aim to streamline approvals, promote planned development, and enhance land use efficiency across the state.Read more

cover photo

Bengaluru: BBMP launches fast-track digital e-Khata service for property owners

11 Jun 2025

Property owners in Bengaluru can now obtain e-Khata certificates digitally within two working days, thanks to a new initiative by the Bruhat Bengaluru Mahanagara Palike (BBMP). The fully online process, rolled out across all eight BBMP zones, allows applications via the state's SAKALA portal. Applicants need only submit three documents: sale deed, latest tax-paid receipt, and property sketch. Revenue officers are required to process requests or raise queries within two days, improving accountability. The e-Khata is essential for property validation, tax payments, loans, and transactions. Previously, the process involved lengthy in-person visits and delays. The move particularly benefits owners of properties regularised under the Akrama-Sakrama scheme. By digitising the system, BBMP aims to enhance transparency and ease for property owners, buyers, and developers, fostering greater confidence in municipal services.Read more

cover photo

Ayodhya's real estate value surges as circle rates hiked up to 200% around Ram Temple precinct

11 Jun 2025

The Ayodhya district administration has revised circle rates for the first time in eight years, with property values rising by 30% to 200% across various localities. The sharpest hikes are seen within a 10-km radius of the Ram Janmabhoomi Temple, where rates have increased over 150%, reflecting growing demand driven by religious tourism and infrastructure projects. Localities like Rakaabganj, Devkali, and Avadh Vihar now rank among the most expensive in the district. The revised rates-ranging from INR 26,600 to INR 27,900 per sq. metre in temple zones-are based on land usage and transaction history. Officials say the update improves transparency and aligns with market trends. The change also affects stamp duty, loan appraisals, and compensation in land acquisition cases. With ongoing developments including roads, hotels, and an international airport, Ayodhya is emerging as a key real estate and pilgrimage hub.Read more

cover photo

New irrigation projects in UP improve water access for farmers across 30 districts

11 Jun 2025

The Uttar Pradesh government has successfully completed 29 significant irrigation projects over the past eight years, enhancing irrigation capacity by more than 19 lakh hectares and directly benefiting over 4.3 million farmers statewide. This large-scale initiative has not only bolstered agricultural productivity but also contributed substantially to flood control and water conservation efforts. Among the completed ventures are seven major projects, including the Bansagar Canal and Lahchura Dam, spanning multiple districts. Additionally, medium and small-scale projects have further expanded irrigation reach, positively impacting tens of thousands of farmers and strengthening the region's agrarian infrastructure.Read more

cover photo

Delhi to redevelop Bhorgarh industrial area with smart infrastructure and green initiatives

11 Jun 2025

The Delhi government has announced plans to appoint a concessionaire for the redevelopment and management of the Bhorgarh Industrial Area (Bawana Phase II), alongside establishing project management units (PMUs) for nine additional industrial zones. Building on the success of public-private partnerships (PPP) in Bawana and Narela, this initiative aims to transform Bhorgarh into a model industrial zone characterised by cleanliness, safety, and eco-conscious infrastructure. The comprehensive redevelopment will include smart lighting, CCTV surveillance, pothole-free roads, and stormwater drainage. Further emphasising sustainability, the Delhi State Industrial Infrastructure Development Corporation (DSIIDC) is set to plant 85,000 green units during the 2025-26 period to foster a greener industrial environment.Read more

cover photo

Mussoorie Dehradun Development Authority plans new land bank to boost affordable housing

09 Jun 2025

Planning a new land bank devoted to affordable residential projects is a major step taken by the Mussoorie Dehradun Development Authority to meet the rising demand for housing. This initiative follows the success of earlier housing schemes and responds to increasing population pressures and displacement caused by encroachment drives. Alongside approving a substantial budget for the next fiscal year, the MDDA is also promoting industrial growth through land pooling to attract IT companies. This integrated approach seeks to balance urban development with economic expansion, ensuring sustainable growth in the region.Read more

cover photo

Punjab approves land pooling policy with flexible options for landowners

06 Jun 2025

The Punjab Cabinet has approved a new Land Pooling Policy aimed at facilitating urban development without forcibly acquiring land. Announced by Cabinet Minister Aman Arora, the policy gives landowners three choices: transfer land to the government, partner with private developers, or undertake development themselves. The first phase will launch in 27 major cities across Punjab. Under the scheme, landowners surrendering one acre will receive a developed 1,000-square-yard residential plot and a 200-square-yard commercial plot. Those contributing nine acres can reclaim three acres for group housing projects. The policy, chaired by Chief Minister Bhagwant Mann, is positioned as a transparent, fair approach to land use planning. The government aims to counter opposition criticism by ensuring clear communication and effective implementation.Read more

cover photo

Karnataka HC quashes 24-year-old BDA land acquisition

03 Jun 2025

The Karnataka High Court has annulled a land acquisition process initiated by the Bangalore Development Authority (BDA) in 2001 for a residential project in North Bengaluru. The court ruled that the BDA's failure to complete the acquisition within the mandated timeframe invalidated the entire process. Landowners had petitioned against the prolonged delays and lack of procedural compliance. Legal experts see this as a landmark judgment affirming landowners' rights and urging authorities to follow due process in acquisitions. The BDA, a key player in Bengaluru's urban development, has often faced disputes over delayed compensation and acquisitions. This ruling highlights the need for transparency and timeliness in land acquisition, setting a vital precedent as Bengaluru's urban expansion continues. It reinforces that development must respect legal safeguards and ensure fair treatment of landowners.Read more

cover photo

Hukumchand Mill land to house new sustainable residential project

03 Jun 2025

The Madhya Pradesh Housing and Infrastructure Development Board (MPHIDB) has launched construction on a major residential redevelopment at Indore's former Hukumchand Mill site. The 7-hectare land, dormant since the mill's closure in 1992, will now host eco-friendly residential complexes, commercial spaces, and green areas. The project follows the state government's INR 464 crore compensation settlement for mill employees, resolving a 30-year labour dispute. An architect has been appointed to lead design and planning, with sustainability features like solar panels, rainwater harvesting, and dedicated ground-floor parking included. The redevelopment aligns with Indore's urban renewal vision. Concurrently, MPHIDB will re-densify the ageing MIG Colony and nearby shopping complex, integrating institutions like Shri Vaishnav Polytechnic College. These initiatives reflect Indore's focus on modern, sustainable city planning and the transformation of legacy industrial land into vibrant residential hubs.Read more

cover photo

Coimbatore intensifies eviction of commercial encroachments along Sanganoor Canal

03 Jun 2025

In a decisive move to alleviate traffic congestion and advance urban infrastructure, the Coimbatore City Municipal Corporation (CCMC) initiated the eviction of over ten commercial establishments encroaching upon Dr. Rajendraprasad Road adjacent to the Sanganoor Canal. This action is part of a long-delayed road widening project aimed at expanding the thoroughfare to 100 feet, thereby improving connectivity between Sathyamangalam Road and Avinashi Road. While commercial evictions are underway, residential structures are slated for removal only after alternative housing is secured through the Tamil Nadu Urban Habitat Development Board. The broader initiative includes a proposed INR 235 crore second phase to rejuvenate the canal and enhance urban mobility.Read more

cover photo

Taj Hotels to launch three luxury lodges in Kruger National Park

02 Jun 2025

Indian Hotels Company Ltd (IHCL) has made a significant stride into luxury wildlife hospitality by signing agreements for three upscale lodges in South Africa's Balule Game Reserve, part of the renowned Kruger National Park. The properties include the 30-key Taj Lion Kings Hilltop Tented Camp and two intimate six-key lodges: Taj Lion Kings Bush Lodge and Taj Lion Kings River Lodge. This expansion under the iconic Taj brand underscores IHCL's commitment to responsible tourism, aiming to provide guests with an immersive, authentic nature experience. Partnering with OM USA LLC further supports IHCL's vision of combining luxury with ecological sensitivity in a globally acclaimed wildlife destination.Read more

cover photo

BDA plans 3,000-acre expansion of Karanth Layout in northern Bengaluru

02 Jun 2025

The Bangalore Development Authority (BDA) is advancing its efforts to extend the Dr. K. Shivaram Karanth Layout by acquiring an additional 3,000 acres across 18 villages in Yelahanka and Bengaluru North taluks. This move aims to satisfy the rising demand for residential plots in northern Bengaluru. While the current phase with around 30,000 plots is approaching completion, the BDA has set a three-month deadline to finalise outstanding infrastructure work. The expansion strategically aligns with the proposed Peripheral Ring Road (PRR), which will significantly enhance connectivity and accessibility. Nonetheless, land acquisition challenges and compensation disputes remain critical issues that the BDA must address.Read more

cover photo

Telangana launches pilot land survey to modernise land records and governance

29 May 2025

The Telangana government is set to launch a land survey in 413 villages lacking formal maps and sethwars, foundational land record documents. This initiative precedes the Bhu Bharati Act's statewide land survey. Some villages, like Laxmapur in Medchal Malkajgiri, have no records at all. A pilot survey will first be conducted in five villages across different districts. Using drone-based aerial surveys and ground truthing, geo-referenced cadastral maps and updated ownership records will be created. Survey firms like RV Associates and Drogo Drones are involved. The pilot will conclude in two to three months, with full-scale implementation and financing explored thereafter.Read more

cover photo

Bombay High Court rules in favor of restricting tribal land transfers to non-agricultural use

29 May 2025

In a significant move, the Bombay High Court upheld rules that restrict the transfer of tribal agricultural land to non-tribals, reinforcing legal provisions that have existed for over two decades. The court ruled that these rules, rooted in the Maharashtra Land Revenue Code, are valid and designed to protect the interests of tribals. The verdict came after a challenge questioning the constitutionality of a clause in the Maharashtra Land Revenue Code, 1966, and its later amendments, especially those made in 1975. The ruling maintains that only non-agricultural use is permissible in tribal-to-non-tribal land transfers, a move the court found both legally and socially justified.Read more

cover photo

Uttarakhand aims to become global hub for health and wellness tourism with AYUSH Policy

28 May 2025

Uttarakhand's tourism sector has gained significant momentum owing to robust infrastructure development, enhanced healthcare services, and improved accessibility. Under the guidance of Prime Minister Shri Narendra Modi, Chief Minister Shri Pushkar Singh Dhami has been actively implementing the AYUSH Policy 2023, aimed at transforming the state into a hub of wellness and health tourism. The spiritual significance of the Char Dham Yatra, coupled with modern facilities for pilgrims, is fuelling growth in footfall. Focused efforts on high-altitude healthcare, road connectivity, and medical emergency readiness are reshaping the state's appeal as a holistic destination for spiritual and wellness-based experiences.Read more

cover photo

Asia Pacific real estate investments rise 11% in Q1 2025, driven by strong sectors

28 May 2025

CBRE recently released its Q1 2025 Asia Pacific Cap Rate Survey, offering insights into regional capital markets and investor sentiment. The report indicated an 11% year-on-year surge in commercial real estate investment to USD 33 billion, driven by lower interest rates and asset repricing. Despite concerns about newly introduced tariffs, particularly among investors in Mainland China, Hong Kong, and Singapore, the broader market has remained resilient. Notably, cap rate divergence emerged across the region, with compression in Australia and pressure in Greater China. Investor interest has intensified in sectors such as Australian retail, multifamily housing, and data centres, pointing to a promising outlook.Read more

cover photo

Odisha revamps land ownership and classification laws to simplify property governance

01 Jan 1970

The Odisha government is undertaking a comprehensive reform to simplify its outdated and overly complex land classification and ownership systems. With more than 7,000 land-use types and nearly 3,000 forms of land ownership rooted in colonial-era laws, the administration is now streamlining these into 27 use categories and a simplified set of ownership types. This initiative aims to bring transparency, legal clarity, and administrative efficiency. Additional reforms, including updated property conversion fees, new urban planning regulations, and legal safeguards for SC/ST land rights, complement this overhaul. The state is also repealing obsolete statutes and responding to recent judicial guidance on land titles.Read more

cover photo

Odisha revamps land ownership and classification laws to simplify property governance

01 Jan 1970

The Odisha government is undertaking a comprehensive reform to simplify its outdated and overly complex land classification and ownership systems. With more than 7,000 land-use types and nearly 3,000 forms of land ownership rooted in colonial-era laws, the administration is now streamlining these into 27 use categories and a simplified set of ownership types. This initiative aims to bring transparency, legal clarity, and administrative efficiency. Additional reforms, including updated property conversion fees, new urban planning regulations, and legal safeguards for SC/ST land rights, complement this overhaul. The state is also repealing obsolete statutes and responding to recent judicial guidance on land titles.Read more

cover photo