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%

Location : Allahabad

Allahabad High Court restores INR 103-crore farmhouse plot to SDS Infratech, overturns nine-year cancellation

06 Mar 2026

The Allahabad High Court has ruled in favour of SDS Infratech, directing the Greater Noida Industrial Development Authority to reinstate a 3.8-lakh sq m farmhouse land parcel in Greater Noida that it had cancelled nine years ago, judges said earlier this week. The land, originally allotted in 2011 under an institutional farmhouse scheme for INR 103 crore, was rescinded in 2017 amid disputes over payment defaults and delays attributed to legal hurdles affecting possession and lease deed execution. A division bench held that the cancellation was legally unsound, accepted the developer's claim for a zero-period relief during litigation, and ordered the authority to revisit the matter through its standing committee within four months. The decision effectively restores the plot to SDS Infratech and revives its development rights on the land.Read more

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Allahabad High Court rules Ghaziabad property tax hike lawful, dismisses challenge to new slabs

03 Mar 2026

The Allahabad High Court has upheld the legality of a recent property tax increase by the Ghaziabad Municipal Corporation (GMC), dismissing a petition in the past week that challenged the revised tax slabs. The bench ruled that the method for fixing minimum monthly rent rates (MMRR) and the resultant hike in property tax were in accordance with statutory provisions. The tax structure, introduced on 1 April last year, raised per-square-foot rates based on road width, triggering significant increases in annual tax bills for many residents. Petitioners had contended that successive hikes violated municipal rules limiting increases to once every two years. The court found no procedural infirmity and confirmed that the revised slabs complied with legal requirements. Officials said the new structure is expected to generate additional revenue of over INR 60 crore for the civic body.Read more

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Allahabad High Court upholds earlier order against YEIDA in Silverline land dispute

28 Jan 2026

The Allahabad High Court has dismissed review petitions filed by the Yamuna Expressway Industrial Development Authority (YEIDA) in a long-running land dispute with Silverline Furnishing and Furnitures Pvt Ltd, reaffirming its earlier ruling that directs YEIDA to hand over physical possession and execute lease formalities for a township plot in Greater Noida. The dispute centres on a roughly 100-acre parcel in Sector 18 originally allotted under a 2011 scheme, where YEIDA had failed to deliver physical possession despite collecting premium payments and related fees. The division bench found no apparent on the face of the record in its November 2023 judgment and noted that YEIDA's review pleas sought to re-argue merits beyond the limited scope of review jurisdiction. The court's directives to revise demand notices and adjust lease documentation remain in force.Read more

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Allahabad High Court seeks update on land compensation compliance by UP and Noida

22 Jan 2026

The Allahabad High Court has asked the Uttar Pradesh government and Noida Authority to clarify whether they have complied with a Supreme Court order on land compensation in a long-running acquisition case. The dispute involves land acquired under the 1894 law, where the Supreme Court ruled that compensation must be recalculated under the Right to Fair Compensation and Transparency in Land Acquisition Act, 2013. This law offers higher, market-linked compensation and added benefits for landowners. The High Court noted uncertainty over whether revised payments have been made and granted time to officials to respond. The matter will be reviewed again in February, highlighting ongoing delays in implementing court-backed compensation in major development projects.Read more

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Allahabad HC rules rent authority can hear cases without written tenancy agreements

11 Jan 2026

The Allahabad High Court has clarified that landlords in Uttar Pradesh can approach rent authorities for eviction even when there is no written tenancy agreement or when tenancy details have not been submitted to the authority. The court interpreted the Uttar Pradesh Regulation of Urban Premises Tenancy Act, 2021 to mean that procedural gaps do not restrict the authority's jurisdiction. This ruling ensures landlords are not denied remedies due to informal or undocumented rental arrangements, providing clarity and reducing legal uncertainty in tenancy disputes under the Act.Read more

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Allahabad HC to review stay on Khurram Nagar building demolition

28 Sep 2025

The Allahabad High Court's Lucknow bench has expressed concern over a single bench order that stayed the demolition of an illegal building in Khurram Nagar. The division bench has summoned the records to examine the urgency of the petition, which was filed under Article 226 rather than Article 227 of the Constitution. The matter stems from a 2016 public interest litigation, involving repeated violations of demolition orders by the builder. The next hearing is scheduled for later this month, with directives to the Lucknow Development Authority (LDA) to ensure accountability.Read more

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Allahabad HC halts GDA demolitions, seeks rehab plan for Ghaziabad's EWS residents

05 Aug 2025

The Allahabad High Court has ordered the Ghaziabad Development Authority and local officials to halt demolitions of unauthorised homes, offering interim relief to residents facing eviction. The directive follows a petition by Naresh Kumar and 18 others, who've lived on the land for over 40 years. The court emphasised the need for a rehabilitation plan, noting the petitioners belong to economically weaker sections. Authorities must now submit a detailed resettlement proposal before the next hearing. Demolition notices had been issued to 172 occupants, sparking legal challenges. The court also barred structural changes and third-party claims until further orders are issued.Read more

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Allahabad High Court grants full zero-period waiver to Empire E-Parks after 18-year land delay

04 Aug 2025

The Allahabad High Court has ruled in favour of Empire-E-Parks by ordering a complete waiver of interest, penalties, and other charges for the period during which the developer could not take possession of the allotted plot due to delays caused by the Greater Noida Authority. Despite paying over INR 17.6 crore towards premiums, lease rent, and stamp duty, the company faced encroachments and lack of infrastructure for years. The court held that once the state admits delay on its part, it cannot limit the zero-period benefit. This decision aligns with earlier rulings and is likely to influence several similar disputes across Noida and Greater Noida.Read more

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

15 Jul 2025

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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Allahabad HC allows flat registrations in Grand Omaxe and Forest Spa projects

03 Jul 2025

The Allahabad High Court has allowed the registration of 220 flats in Noida's Grand Omaxe and Forest Spa projects after the developer offered to deposit an additional INR 25 crore with the Noida Authority. This payment is part of a broader settlement where the developer had already paid INR 93 crore. The ruling addresses a dispute that began in 2018 over denied sub-lease deeds due to unpaid dues, affecting 1,692 sanctioned flats. The court's decision, which follows the Uttar Pradesh government's December 2023 rehabilitation policy for stalled projects, clears hurdles for occupancy certificates and aims for finalization of home deliveries.Read more

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Allahabad HC quashes YEIDA's INR 114 crore transfer fee demand on Gaursons' mega project

24 Apr 2025

The Allahabad High Court recently ruled against the Yamuna Expressway Industrial Development Authority's (YEIDA) demand for a INR 114 crore transfer fee from Gaursons Mega Projects Pvt Ltd. The court emphasized that such charges cannot be imposed without prior approval from the Uttar Pradesh government. This judgment pertains to a commercial plot in Noida Sector 129, originally leased to Jaypee Infratech Ltd in 2008 and subsequently sub-leased to Gaursons. YEIDA's 2017 memorandum, which introduced the transfer fee, lacked the necessary governmental sanction, rendering it unenforceable. The court's decision underscores the necessity for statutory backing in implementing such financial obligations.Read more

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Allahabad HC directs YEIDA to complete Jaypee homes at no extra cost for buyers

10 Apr 2025

YEIDA has formed a committee to complete all pending Jaypee housing projects along the Yamuna Expressway, following a high court order. This decision brings hope to 4,600 homebuyers who have waited over a decade. The government will invite new developers within three months, and homes will be given at the original prices without extra charges. A nodal officer will manage payments and funds. The court set clear deadlines to finish the projects and declared a 'zero period' from 2020 to 2025, waiving interest and penalties. Buyers can also choose a refund if they no longer want possession of their homes.Read more

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Allahabad High Court upholds YEIDA's cancellation of JAL's 1,000-hectare land allotment

20 Mar 2025

The Allahabad High Court has upheld YEIDA's decision to cancel Jaiprakash Associates Ltd.'s (JAL) 1,000-hectare land allotment due to payment defaults, affecting 4,600 homebuyers. The court ordered YEIDA to take over JAL's incomplete housing projects, setting a 36-month deadline for completion. A monitoring committee, including UP-RERA and homebuyer representatives, will oversee the process. The court declared a 'zero period' from February 2020, ensuring no penalties or interest. Homebuyers remain cautious, given JAL's insolvency proceedings, but the ruling offers a clear path for long-delayed project completion.Read more

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Allahabad HC orders compensation for Bareilly woman after government illegally took her land

18 Mar 2025

The Allahabad High Court has ruled that state authorities cannot use private land for public projects without legal acquisition and compensation, warning that violators will face personal financial penalties. The case involved Kanyawati, a Bareilly resident, whose land was taken for a road widening project without due process. The court upheld her rights under Article 300A, directing the government to compensate her within four weeks. Similar cases have surfaced in Maharashtra, Tamil Nadu, and Andhra Pradesh, where landowners have challenged unauthorized government takeovers, highlighting the urgent need for strict enforcement of land acquisition laws.Read more

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Allahabad High Court instructs Uttar Pradesh government and LDA to clarify rights or submit demolition plan

05 Mar 2025

The Allahabad High Court has directed the Uttar Pradesh government and the Lucknow Development Authority (LDA) to either clarify the rights of all parties involved in the unauthorised construction case or present a demolition plan for the structure by the next hearing. The Lucknow bench observed that a building in Husainganj had been constructed well beyond the approved plan, holding landowners, developers, and LDA officials accountable for the violations. The court reviewed a report on Clay Square and surrounding buildings, discovering that approximately nine other structures had also breached regulations. Noting that Clay Square was constructed four times beyond the approved plan, the court decided to impose financial liability on the landowners and developers while taking action against negligent LDA officials.Read more

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Allahabad HC rejects plea to unseal flat in greater Noida's Mayfair Residency

21 Feb 2025

The Allahabad High Court has dismissed a petition seeking to reopen a sealed flat in Greater Noida's Mayfair Residency, citing unclear ownership claims. The court noted that the petitioner failed to provide proof of possession or registration and suggested the plea might have been filed on behalf of the builder, Supercity Developers. Authorities revealed that the developer owed INR 8.6 crore under RERA and was operating its office from the sealed flat. This ruling underscores the legal hurdles in delayed real estate projects and the importance of proper documentation for homebuyers.Read more

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Allahabad High Court directs Noida authority to register Meghdutam flats after decade-long delay

27 Jan 2025

In a major relief for Meghdutam housing project residents in Sector 50, Noida, the Allahabad High Court has directed the Noida Authority to proceed with flat registrations, resolving years of delay. The interim order, issued on January 15, follows a petition by 19 residents who paid in full but lacked property documents. TGB Infra Developers, facing financial difficulties with dues of INR 43.7 crore, failed to clear 25% of recalculated dues. With a crucial hearing set for February 6, residents hope to finalize eligible homebuyer lists and expedite registrations under state policies prioritizing stalled projects.Read more

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Allahabad High Court orders swift enforcement of demolition orders in Lucknow

16 Jan 2025

The Allahabad High Court rebuked the Lucknow Development Authority and Lucknow Municipal Corporation for delaying the demolition of illegal structures declared unlawful decades ago. The court demanded the principal secretary of housing and urban planning outline measures to address illegal constructions and prevent future violations. Highlighting urban planning as the state's primary responsibility, the court pointed out the need for proactive governance to ensure public welfare. It expressed dismay over the failure to enforce demolition orders issued in 2012 and warned of strict accountability. The case underscores the urgent need for effective urban regulation and adherence to developmental norms.Read more

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Allahabad High Court quashes FIRs against M3M India

24 Dec 2024

The Allahabad High Court has quashed an Enforcement Case Information Report (ECIR) and two related FIRs against M3M India, marking the end of legal proceedings against the real estate firm. The FIRs, filed in 2023, alleged financial misconduct and undervaluation of property assets involving M3M India, Indiabulls Housing Finance, and other parties. However, the court ruled the allegations were commercial disputes, not criminal offences, and noted a lack of evidence and procedural delays. This decision offers relief to M3M India and highlights the importance of distinguishing civil disputes from criminal cases.Read more

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Allahabad High Court directs review of sub-lease cancellations by YEIDA and Noida Authority

PNT Reporter

20 Dec 2024

The Lucknow Bench of the Allahabad High Court has set aside two orders by the Principal Secretary of Industry rejecting revision petitions from UG Infrastructure and Colourful Estate against YEIDA and Noida Authority's sub-lease cancellations. Justice Pankaj Bhatia directed the state government to re-evaluate the cases within six weeks, citing inconsistent decisions on similar matters. The court emphasised the need for consistent legal reasoning, following the removal of Anil Kumar Sagar, the Principal Secretary and YEIDA chairman. New officials have been assigned to handle appeals, potentially bringing clarity to builders and reshaping regional real estate development.Read more

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