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%

Law & Policy

Land Stack' project to modernize Chandigarh's property records

21 Aug 2025

The city of Chandigarh has been selected as a pilot location for the 'Land Stack' project, a nationwide initiative aimed at creating a unified, secure, and transparent digital system for land records. The project promises to revolutionize property management, reduce disputes, and enhance citizen services by leveraging advanced technology like blockchain. By leveraging modern solutions such as blockchain, the initiative is designed to streamline property transactions, significantly reduce land disputes and litigation, and promote better governance. This crucial step toward digitization is expected to enhance citizen services and set a precedent for other regions, paving the way for a more efficient and accountable real estate sector.Read more

cover photo

Telangana introduces e-Aadhaar property registration pilot in Armoor and Kusumanchi

21 Aug 2025

Telangana has introduced a pilot project for e-Aadhaar-based property registration in the sub-registrar offices of Armoor and Kusumanchi. Revenue Minister Ponguleti Srinivas Reddy said the initiative is designed to make property registrations faster and more transparent. The government has already implemented a slot booking system, which has been widely used, with over 300,000 slots booked in recent months. Plans are also in place to establish integrated sub-registrar offices, including a major complex in Gachibowli, which will consolidate multiple offices and streamline registration services across key districts.Read more

cover photo

Rajasthan HC seeks full plan for Jaipur Walled City infrastructure

20 Aug 2025

The High Court recently directed the Rajasthan government to present a full development plan for Jaipur's Walled City, moving beyond isolated enforcement to a wider focus on structural issues like waterlogging, parking shortages, and heavy traffic. The court has asked for a detailed progress report and scheduled the next hearing soon. This follows earlier interventions, such as sealing of illegal buildings and mandating hearings for owners, highlighting persistent challenges to the city's heritage, infrastructure, and its UNESCO-listed identity.Read more

cover photo

MahaRERA cracks down on 4,812 lapsed housing projects

20 Aug 2025

In a major enforcement drive, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has suspended the registrations of 4,812 housing projects across the state and frozen their associated bank accounts. This decisive action was taken against developers who failed to provide mandatory construction updates or apply for project extensions, despite having been issued show-cause notices months ago. The move is a significant step towards ensuring accountability and financial discipline in the real estate sector while protecting the interests of thousands of homebuyers.Read more

cover photo

CREDAI urges West Bengal government to revert to carpet area for stamp duty calculation

20 Aug 2025

In a major appeal to the West Bengal government, the Confederation of Real Estate Developers' Associations of India (CREDAI) has urged authorities to reconsider a new rule that requires stamp duty to be calculated on a property's super built-up area (SBUA). The recent amendment by the Directorate of Registration and Stamp Revenue has caused widespread disruption, stalling property registrations across the state. CREDAI argues that the SBUA lacks a standardized definition and leads to a lack of transparency for homebuyers. The association is advocating for the state to revert to the more transparent and RERA-compliant method of calculating stamp duty based solely on the carpet area to ensure clarity and prevent further market confusion.Read more

cover photo

Chandigarh: Green clearance mandate delays Manimajra housing project

20 Aug 2025

The Chandigarh environment department has directed that the municipal corporation secure prior environmental clearance for its Manimajra housing project, classified under the Environment Impact Assessment regulations. This instruction has brought the INR 700 crore development to a halt despite detailed preparations already being in place. The civic body had drafted proposals for internal infrastructure worth INR 10 crore and outlined auction conditions for over 7.5 acres of land. With the land's freehold status confirmed, the project can only progress once mandatory clearance is secured.Read more

cover photo

Telangana's Future City plan faces legal roadblocks over Pharma City land

20 Aug 2025

The Telangana government has run into legal complications in its attempt to reconfigure land initially allocated for Pharma City into a large-scale multi-sector Future City. The plan to redevelop nearly 20,000 acres across several villages has been challenged by farmers seeking the return of their land and by courts noting the original acquisition purpose. Authorities are now studying similar national precedents and consulting experts to determine whether the proposed change in land use can stand legal scrutiny.Read more

cover photo

Tamil Nadu to introduce presenceless property registration

20 Aug 2025

Tamil Nadu's registration department has announced plans for a presenceless property registration system aimed at digitising first-sale registrations of apartments and plots. Initially optional, the system will gradually become mandatory, reducing congestion at sub-registrar offices. It will integrate Aadhaar-based biometric verification and digital approvals. While the initiative promises faster processing and reduced corruption, concerns have emerged regarding possible fraud and the need for strong safeguards.Read more

cover photo

Kerala flat owners seek relief as STP rule sparks eviction threat

19 Aug 2025

Apartment owners in Kochi are struggling to meet strict sewage treatment requirements set by the Kerala State Pollution Control Board (KSPCB). Many complexes, built before 2007, lack space and resources to install individual sewage treatment plants (STPs). The Kerala Flat Owners' Association (COFVOAK) has requested temporary permission to use existing centralized sewage facilities until the upcoming Integrated Urban Regeneration and Water Transport System (IURWTS) project is completed. This approach aims to ease financial and logistical pressures while ensuring compliance with environmental regulations.Read more

cover photo

BDA introduces 3D online platform to simplify home buying in Bengaluru

19 Aug 2025

The Bangalore Development Authority (BDA) is set to launch a cutting-edge 3D online platform aimed at streamlining the home-buying process in Bengaluru. This initiative will allow prospective buyers to virtually tour flats and villas, access detailed specifications, and complete the entire purchase process digitally eliminating the need for multiple office visits. The platform is expected to go live by the end of the month and will include features such as real-time updates, payment schedules, and interest-free registration for up to 90 days.Read more

cover photo