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 : Residential

Tamil Nadu RERA bans vague disclaimers and mandates transparency in real estate advertising

10 Jul 2025

The Tamil Nadu Real Estate Regulatory Authority (TNRERA) has put new rules in place to address misleading real estate advertisements in Chennai. These regulations became effective on July 1, 2025. All ads must now prominently display the project's RERA registration number, QR code, and promoter contact details, across all platforms. The regulations prohibit vague claims and require accurate location details. Online portals and media outlets face accountability for non-compliant ads.Read more

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DDA to auction 118 residential plots in Vasant Kunj after infrastructure development

10 Jul 2025

The Delhi Development Authority (DDA) plans to auction 118 residential plots in Vasant Kunj, South Delhi, after developing essential infrastructure. The DDA has issued a tender to hire an agency for planning, demarcation, and infrastructure development, including roads, sewage, and water systems. The INR 7.5 crore project, expected to complete within 12 months, will adhere to CPWD and NGT norms. This move aims to prepare the plots for auction, signaling new housing opportunities in a premium city area.Read more

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Malad becomes first in Mumbai to convert PTC housing into permanent homes for road PAPs

10 Jul 2025

Slum dwellers in Malad, Mumbai, have been relocated to Permanent Transit Camp (PTC) homes to make way for completing a crucial 550-meter road link from Shankar Lane to New Link Road. This marks the first time PTC homes-originally meant for temporary housing-are being used for permanent resettlement under a 2024 Maharashtra government resolution. Of 357 affected structures, 110 have been demolished, with 64 more to follow after residents received new home keys. The full project will ease traffic between Malvani and the Western Express Highway. Phase 3 and further resettlements are expected soon, with road alignment adjustments planned near Valnai metro station.Read more

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DTCP cracks down on illegal RWA structures in Gurugram societies

10 Jul 2025

Gurugram's Department of Town and Country Planning (DTCP) has taken action against unauthorized structures built by Resident Welfare Associations (RWAs), including demolishing a religious structure in Suncity Avenue, Sector 102. This comes amidst observations of RWAs constructing illegal structures in common areas for personal or social uses, violating housing laws. Authorities plan to seek stricter action and recommend appointing administrators to such RWAs to prevent further encroachments. The move aims to ensure compliance across group housing societies and protect residents' interests.Read more

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Bhuj homeowners earn green certification with IIFL's support for sustainable housing

10 Jul 2025

IIFL Home Finance Ltd. hosted a Green Certification felicitation ceremony in Bhuj, recognising over 50 homeowners for building self-constructed homes that meet green certification standards under the company's 'Humara Kutumb' initiative. The event aimed to promote sustainable, climate-resilient housing and included site visits to certified homes. Through this flagship programme, the company supports economically weaker sections (EWS) and low-income groups (LIG) in constructing affordable, energy-efficient homes, while also training local masons and contractors in green construction practices. The initiative is already active across six Indian states.Read more

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Swastik Iris Bhandup

10 Jul 2025

Mumbai City, India

Swastik Iris Bhandup in Bhandup West, Mumbai, offers luxurious 1, 2, and 3 BHK apartments with modern amenities like a gymnasium and kids' play areas. Strategically located near Eastern Express Highway and LBS Marg, it ensures seamless connectivity and a comfortable lifestyle.

View Website | Visit RERA website

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Himachal CM promises safety reforms after building collapse in Bhattakufar

10 Jul 2025

Himachal Pradesh Chief Minister Shri Sukhvinder Singh Sukhu inspected several danger-prone areas along the ongoing 27-km Shoghi-Dhalli four-lane highway project in Shimla. Locals raised concerns over hill-cutting activities by the National Highways Authority of India (NHAI), blaming them for property damage and increased safety threats. In response, the Chief Minister directed departments to take immediate remedial actions and announced rental assistance and relief packages for affected families. Committees have been set up to identify weak spots and probe incidents such as the building collapse in Bhattakufar.Read more

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NDMC plans housing policy revamp amid flat vacancy and transfer issues

09 Jul 2025

The New Delhi Municipal Council (NDMC) plans to revise its flat allotment and inter-pool policy in Lutyens' Delhi. This follows ongoing housing issues where transferred officers fail to vacate properties, causing complications and violations of central government housing guidelines. The council's proposal aims to streamline the allotment process and ensure housing availability for new members. It has recommended halting further Type 5 quarter allotments until current needs are met, and requested a list of vacant properties and pending court cases for review, addressing challenges in housing allocation.Read more

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Maharashtra plans new law to ensure transit rent reaches slum dwellers

09 Jul 2025

The Maharashtra government plans to amend the Slum Act, making it easier for the Slum Rehabilitation Authority (SRA) to collect transit rent directly from developers. This move aims to address developers defaulting on payments, which leaves slum dwellers in limbo and stalls redevelopment projects. The proposed amendment will empower SRA to collect unpaid rent and recover it from developers' transferrable development rights or other benefits. This is part of a broader effort to expedite slum rehabilitation, protect residents' rights, and hold developers accountable.Read more

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Mumbai Redevelopment: MHADA signs Adani Group to redevelop Motilal Nagar in Goregaon

09 Jul 2025

The ambitious redevelopment of Motilal Nagar 1, 2, and 3 in Goregaon (West), Mumbai, received a major push with MHADA signing an agreement with the Adani Group to act as the Construction and Development (C&D) agency for the project. Spread across 142 acres, the initiative is billed as India's largest redevelopment project under the C&D model. Residents will be rehabilitated in ultra-modern 1,600 sq. ft. apartments, while commercial tenants will receive 987 sq. ft. spaces. Designed around the "15-minute city" concept, the project is set to offer seamless urban living with world-class infrastructure.Read more

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Telangana to sell unsold Rajiv Swagruha flats via e-auction

09 Jul 2025

The Telangana government is preparing to sell its long-vacant Rajiv Swagruha Corporation flats in Bandlaguda, Pocharam, and Gajularamaram, aiming to raise over INR 1,000 crore. These flats, built 15 years ago for affordable housing, range from 520 sq ft to over 1,600 sq ft, with prices between INR 2,500 and INR 4,000 per sq ft. Despite previous phases seeing unsold units, recent successful plot sales offer optimism. The sales will be conducted via e-auction, with key draw dates in July and August.Read more

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Lucknow: LDA mandates safety audits for 276 high-rises after structural failures

09 Jul 2025

The Lucknow Development Authority (LDA) has mandated structural safety audits for 276 high-rises in the city, responding to recent building collapses. The directive covers both LDA-owned and private properties, aged 5 to 40 years. New regulations require audits every five years for buildings over 15 meters tall. Early audits by IIT Kanpur have already revealed safety concerns in several structures, including the Nanda Kheda Complex and Amritlal Naagar Auditorium. The move aims to prevent future tragedies and ensure public safety in Lucknow's urban landscape.Read more

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Panchkula Ashiana flats to get makeover with INR 3.6 crore renovation push

09 Jul 2025

Over 2,000 Ashiana flats in Panchkula, built for Below Poverty Line (BPL) families by HSVP, are set for renovation after years of deterioration. The project, approved by HSVP and the Municipal Corporation (MC), involves structural repairs and external civic improvements. HSVP has sanctioned two projects totaling over INR 3.6 crore for repairs and painting across various sectors. The MC will manage external works through four separate tenders. This initiative aims to improve living conditions and respond to residents' requests for updated infrastructure.Read more

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Two new FIRs filed against Ansal Group in Sushant Golf City fraud cases

09 Jul 2025

The Ansal Group is facing a total of 235 FIRs in Lucknow for alleged fraud. Two additional FIRs have been lodged, concerning allegations of individuals being cheated of INR 13.60 lakh after being promised flats and plots that were never delivered. The complaints highlight long-standing issues, with one case from 2015 where a buyer never received allotment. Investigations are ongoing, underscoring persistent concerns over property fraud and delayed projects in Uttar Pradesh's real estate sector.Read more

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DLF Gayatri Developers found liable for delayed housing project in Andhra Pradesh

09 Jul 2025

The Delhi State Consumer Disputes Redressal Commission has found DLF Gayatri Developers liable for an eight-year delay in a housing project located in Andhra Pradesh. The Commission ordered a refund of INR 15 lakh to the complainant, along with INR 1.5 lakh for distress and legal expenses. The ruling came after possession, promised by 2014, was offered only in 2019. The developer's claims of delay due to political movements and rejection in approval processes. This decision underscores consumer protection efforts in real estate against prolonged project delays.Read more

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Dotom Jewel

09 Jul 2025

Mumbai City, India

Dotom Jewel in Ghatkopar East, Mumbai, offers luxurious high and low-rise flats with modern amenities like a gymnasium and power backup. Strategically located near Eastern Express Highway and LBS Marg, it ensures seamless connectivity and a premium lifestyle.

View Website | Visit RERA website

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YEIDA issues final payment notice to Greenbay Infrastructure for Noida township

09 Jul 2025

Greenbay Infrastructure faces a final ultimatum from the Yamuna Expressway Industrial Development Authority (YEIDA) to pay INR 118 crore by the end of July. Failure to meet this demand will lead to the cancellation of land allotment for its 100-acre township in Sector 22D, Noida. The developer has paid INR 40 crore but faces challenges, including unacquired land still under cultivation. YEIDA rejected a sublease request for a commercial plot to clear dues. This follows relief under a 2023 rehabilitation policy, where Greenbay paid an initial INR 110 crore against INR 441 crore recalculated dues but missed later installments.Read more

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Delhi Property Deals: Royal family member Yashwant Singh buys South Delhi bungalow for INR 100 crore

08 Jul 2025

Yashwant Singh, a member of a royal family from Rajasthan, has purchased an 867-square-meter bungalow in South Delhi's Golf Links for INR 100 crore. This acquisition highlights a trend of high-value property deals in Golf Links, a favored location for corporate leaders and high-net-worth individuals due to limited availability. The area has seen over half a dozen transactions exceeding INR 100 crore in the past year, reflecting its status as a prime real estate market.Read more

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