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

Land acquisition hurdles stall five new rail line projects in Karnataka, Centre tells Parliament

05 Mar 2026

The Union Ministry of Railways has informed the Indian Parliament that land acquisition delays are impeding the progress of five proposed new railway line projects in Karnataka, officials said in the past week. The stalled alignments which include key regional connectors such as the Kadur Chikmagalur, Hubballi Belagavi and Gadag Wadi corridors face protracted acquisition processes, litigation and coordination challenges with state authorities and landowners. The ministry noted that while detailed project reports and surveys for these lines have been completed, progress on ground has been largely stalled due to pending possession of required parcels. Railways expressed commitment to resolving bottlenecks and advancing projects once land is made available, highlighting that acquisition delays remain a major constraint on expanding the state's rail network and unlocking associated economic and mobility benefits.Read more

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Visakhapatnam real estate turns vertical as land prices soar

Visakhapatnam News Desk

05 Mar 2026

Rising land prices and limited availability of well-located plots are reshaping Visakhapatnam's housing market, driving a shift toward 40-50 storey residential complexes. Developers are favoring high-rise projects to distribute steep land acquisition costs across more units, lowering per square-foot prices and offering enhanced amenities such as gyms, pools, and clubhouses. Demand remains strong due to growth in IT and allied sectors, with micro-markets like Madhurawada Kapuluppada, Anandapuram Kommadi, Bhogapuram Bheemili, and Yendada Rushikonda seeing increased activity. Vertical housing also improves land-use efficiency and aligns with modern buyer expectations.Read more

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Bombay High Court rejects Maharashtra government’s claim over 193-acre Thane land, orders TDR compensation

Mumbai News Desk

04 Mar 2026

The Bombay High Court has dismissed the Maharashtra government's petition seeking to classify 193 acres in Thane's Manpada-Chitalsar area as acquired private forest land. Upholding a 2017 Maharashtra Revenue Tribunal order, the court found serious procedural lapses in the 1970s acquisition notice, including improper service and lack of authorised signatures. With over 100 acres already used for public infrastructure, the court directed the Thane Municipal Corporation to grant Transferable Development Rights to the original landowner within 21 days, reinforcing due process and property rights protections.Read more

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Centre targets INR 52,000 crore from GPRA redevelopment and Badarpur land monetisation

03 Mar 2026

The Centre is planning to mobilise around INR 52,000 crore over the next four years by monetising and redeveloping key land parcels in Delhi, including General Pool Residential Accommodation (GPRA) colonies and land at Badarpur earlier held by NTPC. A large share is expected from commercial use of built-up space in Sarojini Nagar and other redeveloped government housing clusters. This target is substantially higher than the nearly INR 15,000 crore raised over the past five years, reflecting a stronger push under the next phase of the national asset monetisation programme.Read more

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95-year-old woman seeks criminal action over INR 87 crore Borivali land compensation dispute

Mumbai News Desk

03 Mar 2026

A 95-year-old Borivali resident, Anusuya Devrukhkar, has sought criminal proceedings against land acquisition officials and a private builder over the alleged wrongful disbursal of more than INR 87 crore in compensation for her family's land reserved for a public garden. The family has accused authorities of releasing over INR 60 crore to the builder on the basis of disputed 1992 documents and ignoring safeguards meant for Scheduled Caste landowners under the 2013 land acquisition law. Recovery of funds is ongoing, and multiple appeals are pending before the Bombay High Court.Read more

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HC cancels state acquisition of 217 acres in Thane flagged as private forest

03 Mar 2026

The Bombay High Court has nullified the Maharashtra government's acquisition of 217 acres in Thane as private forest, ruling that procedural requirements were not followed. The notice for acquisition was neither served on the actual landowner, D Dayabhai and Co Pvt Ltd, nor signed by an authorised officer, violating the Private Forests (Acquisition) Act, 1975. The court cited the Supreme Court's Godrej & Boyce judgment, highlighting that proper notice and opportunity to be heard are mandatory. Authorities were directed to restore the land to its original status, rejecting claims based solely on revenue records.Read more

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Merlin Group acquires 3.26-acre Mundhwa land parcel near Koregaon Park, Pune, for INR 273 crore to develop large commercial project

Pune News Desk

03 Mar 2026

Kolkata-based Merlin Group has acquired a 3.26-acre land parcel in Mundhwa, near Koregaon Park in Pune, for INR 273 crore, according to property registration documents. The transaction was registered in the past week, with stamp duty of INR 19.11 crore paid. The acquisition has been executed through the group's subsidiary, Merlin Prime Spaces. The developer plans to invest over INR 1,000 crore, including land cost, to build a commercial office project targeting BFSI occupiers and global capability centres. The project is expected to be completed by 2030 and could command a valuation of around INR 3,000 crore upon full occupation. The deal adds to Merlin Group's growing Pune portfolio, where it has been active since 2021 across commercial, mixed-use and premium residential segments, amid rising developer interest in the Mundhwa Koregaon Park corridor.Read more

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Opposition raises concerns over land acquisition for Shaktipeeth expressway

02 Mar 2026

Leader of Opposition in the Maharashtra Assembly, Vijay Wadettiwar, criticised the state government over its handling of land acquisition for the proposed Shaktipeeth Expressway, alleging that farmers are being pressured at a time when unseasonal rains and hailstorms have damaged crops across several districts. He said compensation for earlier losses and a promised paddy bonus are still pending. Protests have been reported in Parbhani and other districts, where farmers have opposed the survey process and police deployment for land measurement activities.Read more

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ED attaches INR 598 crore land in Agra in Ansal Properties money laundering case

02 Mar 2026

The Enforcement Directorate has provisionally attached land parcels worth INR 598 crore in Agra in connection with a money laundering investigation against Ansal Properties and Infrastructure Ltd. The action is linked to alleged irregularities in the release of land in Gurugram that had originally been acquired for public purposes. The case originates from a 2019 CBI FIR registered on Supreme Court directions. Since the Gurugram land has already been developed and sold, the agency attached alternate properties in Agra to secure alleged proceeds of crime.Read more

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FIR filed over illegal sale of court-prohibited PACL land in Dehradun, sub-registrar's role under probe

01 Mar 2026

A First Information Report (FIR) has been filed in Dehradun, Uttarakhand, after the district administration uncovered the illegal sale of around 0.76 hectares of land that was under a court ban on PACL-linked properties. The transaction, alleged to have taken place in October 2025, involved forged documents and the concealment of the land's restricted status when it was sold to a buyer from Zirakpur, Punjab. The plot in Aamwala Tarla had been barred from transfer under orders associated with the PACL (Pearls Agro Tech Corporation Limited) liquidation process overseen by the former RM Lodha Committee, but the sale deed was still registered under the Registration Act, 1908. Dehradun authorities have lodged an FIR naming both the seller and buyer, and are now also probing the conduct of the sub-registrar's office that processed the deed amid the ongoing court prohibition.Read more

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Lucknow IT City plot allotment lottery to be held on 28 February

Lucknow News Desk

27 Feb 2026

The Uttar Pradesh government will conduct a lottery on 28 February for the allotment of plots in the forthcoming Lucknow IT City, an integrated technology and business district being developed on the Agra�Lucknow Expressway corridor. Uttar Pradesh officials said that applications were received under two categories � IT/ITeS and allied services and commercial & hospitality � and that the lottery will determine successful applicants among the eligible bidders. The plot sizes range from 2,487 sq m to over 4,000 sq m, with the largest parcel measuring 4,163 sq m. The initiative forms part of the state�s strategy to attract technology, business and service sector investments to the region, and will be overseen by relevant departments with transparency measures in place to ensure fairness in the allotment process. Successful applicants will be notified soon after the draw.Read more

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Telangana plans debt revamp and land monetisation as it moves to acquire Hyderabad Metro Phase-I from L&T

Hyderabad News Desk

27 Feb 2026

The Telangana government has initiated a major infrastructure and financial restructuring exercise as it prepares to take over the 69-kilometre Phase-I of the Hyderabad Metro Rail from Larsen & Toubro (L&T) in a transaction valued at around INR 15,000 crore. The state Cabinet approved the acquisition in its 24 February meeting, with the takeover expected to be concluded by March 31. The deal includes absorbing approximately INR 13,000 crore of existing debt and paying around INR 2,000 crore for L&T equity stake in the concessionaire. Officials have appointed financial and technical advisers for due diligence and are planning a debt revamp that would leverage lower-interest financing, supported by anticipated farebox and commercial revenues. The move also opens the door for land monetisation of unevaluated metro-allotted land estimated at about 120 acres to bolster revenue and support future expansion of the city's rapid transit system.Read more

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Telangana government targets INR 3,500 crore from Osman Nagar land auctions

26 Feb 2026

The Telangana government has initiated the auction of around 48 acres of prime land in Osman Nagar and Tellapur, expecting to raise between INR 3,000 crore and INR 3,500 crore. The land parcels, located near the Outer Ring Road and Hyderabad's Financial District, have been priced at a minimum of INR 39 crore per acre. This is the first time government land in Osman Nagar is being auctioned in this format. Strong market benchmarks from recent sales in Kokapet and Raidurg are expected to support competitive bidding.Read more

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Bombay High Court directs survey and removal of encroachments on Mumbai University’s Kalina land

Mumbai News Desk

26 Feb 2026

The Bombay High Court has ordered a formal survey and demarcation of the University of Mumbai's Kalina campus land, instructing the Municipal Corporation of Greater Mumbai to remove encroachments identified after the process. The university had challenged a slum rehabilitation plan, claiming slum dwellers had occupied land earmarked for institutional expansion. The court allowed the university to withdraw its petition while safeguarding its land rights. Past disputes involved developer appointments, revenue record issues, and interim project stays. Parties may still legally contest the demarcation.Read more

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RLDA to lease Yeshwantpur railway colony land for 99-year residential project in Bengaluru

Bangalore News Desk

26 Feb 2026

The Rail Land Development Authority (RLDA) of India has issued a request for proposal to lease a 34,517 sqm tract of railway land within the Yeshwantpur railway colony in Bengaluru for 99 years to enable a private residential development. Under the proposed arrangement, the selected developer will both construct new apartments for sale and undertake the redevelopment of existing staff quarters 316 units currently used by South Western Railway personnel which will remain reserved for railway staff. The project, with an estimated cost of INR 119 crore, will generate lease revenue shared between RLDA and the developer. E-bids must be submitted by 18 March. The initiative, presented as revenue generation, has attracted debate on optimal use of railway land against broader infrastructure needs.Read more

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Suraj Estate Developers completes acquisition of Prabhadevi land to boost project pipeline

25 Feb 2026

Suraj Estate Developers has finalized the acquisition of Hally Pacific Private Limited, securing a prime land parcel in Prabhadevi, Mumbai, for approximately INR 30.40 crore. The company plans a residential project with around 0.367 lakh sq ft of saleable area and an estimated GDV of INR 200 crore. This addition strengthens their South-Central Mumbai project portfolio, leveraging strong demand and connectivity in Prabhadevi. With a legacy of over 45 completed projects and ongoing expertise in tenanted property redevelopment, Suraj Estate Developers aims to enhance revenue visibility and long-term value for stakeholders.Read more

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Maharashtra introduces commercial plot package for farmers affected by new nagpur business district

25 Feb 2026

Maharashtra has introduced a revised compensation package for farmers affected by the New Nagpur Business District project, offering developed commercial plots along with monetary compensation. This replaces the earlier cash-only approach and aims to provide long-term benefits to landowners while supporting city expansion. The government is also compiling lists for a potential farm loan waiver targeting genuinely distressed farmers. Alongside this, authorities are investigating irregularities at the Nagpur District Central Cooperative Bank and enforcing strict measures against unauthorised layouts under the Nagpur Regional Plan.Read more

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Prayagraj Development Authority earmarks 375 hectares for residential and commercial development

25 Feb 2026

The Prayagraj Development Authority (PDA) has designated roughly 375 hectares of land on the outskirts of the city for large-scale residential and commercial development under an urban expansion scheme designed to meet growing housing and business space needs. The land parcels include about 250 hectares in the Jhunsi area spanning villages such as Mukundpur, Chakia Hinauta and Chak Hinauta and approximately 125 hectares in Hetapatti, covering areas including Neemarmee Khurd and Narayanpur. Officials have initiated acquisition talks with landowners, with more than 500 cultivators likely to be affected. Compensation will be set at four times the prevailing circle rate, and though many farmers have indicated willingness to cooperate, some have expressed concerns that authorities intend to address. The investment outlay for the planned development is estimated at around INR 2,500 crore, and PDA has signalled that acquisition procedures will be pursued rapidly with stakeholders support.Read more

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DDA approves land pooling change of use in Delhi’s Sector 8B for urban development

Delhi News Desk

24 Feb 2026

The Delhi Development Authority (DDA) has formally approved a change of land use for a land pooling area of about 40.2 hectares in Sector 8B of Planning Zone P-II in north-west Delhi, clearing the way for development under the city's Land Pooling Policy. Sector 8B becomes the first sector out of 138 identified in the policy framework to fulfil the mandatory condition of having at least 70 % contiguous pooled land, rendering it eligible for planned integrated development. The approval follows completion of statutory consultation processes and is set to be forwarded to the Ministry of Housing and Urban Affairs for formal notification. The Land Pooling Policy replaces compulsory acquisition with a voluntary land aggregation system in which landowners pool land for development and receive a share of serviced plots after infrastructure provisioning. Progress in other sectors remains contingent on landowner participation and meeting pooling criteria.Read more

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Balgopal Commercial approves land purchase in Kolkata for INR 6.5 million

24 Feb 2026

Balgopal Commercial Ltd has approved the purchase of a land parcel in Kolkata for INR 6.5 million, according to a recent regulatory update. The decision was cleared by the company's board and disclosed to stock exchanges in the past week. While specific details such as the size and exact location of the land were not disclosed, the acquisition signals the company's continued interest in expanding its asset base. The development comes at a time when real estate activity in Kolkata is witnessing steady traction across both residential and mixed-use segments.Read more

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