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

Maharashtra orders probe into low repair bids for 16,000 South Mumbai cessed buildings

14 Dec 2025

The Maharashtra government has ordered an inquiry into repair tenders for nearly 16,000 old cessed buildings in South Mumbai after bids were found to be 100-140% below estimated costs. Lawmakers warned that such unusually low bids could let contractors illegally add floors and profit from selling flats. Additional Chief Secretary Aseem Gupta will review the contracts, with the state confirming that any violations will lead to cancellations. The legislator also urged lifting the stay on amendments to Section 79A of the MHADA Act, which would let authorities acquire unsafe buildings. The issue is critical as many pre-1969 structures face structural risks ahead of the monsoon.Read more

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Berkeley’s profit dips 7.7% as London housing sentiment softens and costs stay high

14 Dec 2025

Berkeley recorded a 7.7% decline in pre-tax profit for the first half of its fiscal year, reaching USD 338 million, while home deliveries fell to 2,022 units at an average price of £570,000. The drop was influenced by high borrowing costs, cautious buyer sentiment, and new luxury home taxes. Despite these challenges, the company retained its annual guidance of £450 million and outlined plans to launch a build-to-rent platform in 2026, indicating confidence in London’s long-term housing demand and strategies to diversify revenue streams.Read more

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Vadodara beneficiaries protest after PMAY housing draw postponed

13 Dec 2025

In Vadodara, the planned draw for 2,700 houses under the Pradhan Mantri Awas Yojana was postponed by a day, prompting beneficiaries to protest at the Sir Sayajirao Nagargruh town hall. Although the Vadodara Municipal Corporation said it sent multiple messages about the postponement, many applicants claimed they did not receive or see these alerts. Some had taken leave from work and were worried about losing wages if they had to return for the rescheduled draw. The protests highlight ongoing concerns about communication and delays in housing allotments.Read more

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Telangana unveils long-term PPP housing plan to boost affordable homes by 2047

13 Dec 2025

Telangana has unveiled an ambitious long-term housing plan that aims to create a steady supply of affordable homes through a public-private partnership (PPP) model by 2047. The initiative invites private developers to work with state agencies to design, build and maintain housing for lower and middle-income families. By combining public land with private capital and expertise, the state hopes to overcome funding delays and speed up delivery. The extended timeline allows phased development aligned with urban growth, infrastructure upgrades and changing housing needs. The plan focuses on providing affordable, well-connected and amenity-rich homes, encouraging developers to deliver quality housing through efficient design and scale.Read more

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ED raids Bhuvan Teza Infra over INR 80 crore homebuyer scam in Hyderabad

13 Dec 2025

The Enforcement Directorate has raided six locations of Bhuvan Teza Infra in Hyderabad over money-laundering linked to pre-launch Happy Homes flats at Shamirpet. Around INR 80 crore was collected from nearly 300 buyers between 2020 and 2023 without delivery of flats or refunds. TG RERA had earlier penalised the company, declared it a defaulter, and ordered refunds with 11% interest. The director and two employees were arrested in 2024. The case highlights financial, regulatory, and legal accountability in Telangana's real estate sector.Read more

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Neworld Developers appoints UHA as lead architect for luxury township in New Goa

13 Dec 2025

Neworld Developers has appointed UHA as the lead architect and design partner for Northern Hills, its flagship township project in New Goa. Spread across 52 acres near Mopa International Airport, the gated development is planned as a low-density, villa-plotted community focused on sustainable and nature-led luxury living. The project blends Goan terrain with contemporary design and will feature forest lounges, wellness spaces, infinity-pool clubhouses and nature trails. UHA brings global design experience from cities such as Dubai and Paris, supporting Neworld's aim to create an internationally benchmarked residential destination. The partnership marks a key milestone as master planning and detailed design move forward in one of Goa's emerging growth corridors.Read more

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Signature Global’s Sarvam gets Vastu certification for its wellness-led design

13 Dec 2025

Signature Global’s premium residential project Sarvam, located at DXP Estate in Sector 37D, Gurugram, has received Vastu compliance certification from Sayash Vastu. Spread across 13.55 acres, the wellness-focused development has been designed around harmony, natural elements and community-centric planning. The evaluation covered site orientation, zoning, layouts and entrance placement to ensure alignment with traditional Vastu principles while meeting modern living needs. Inspired by the five elements, Sarvam aims to promote balance and well-being. Co-Founder Lalit Aggarwal said the certification reflects the firm’s commitment to creating harmonious, resident-focused environments. Located along the fast-growing Dwarka Expressway corridor, the project caters to demand for premium, wellness-oriented homes.Read more

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Harnandipuram township to bring planned housing, infrastructure and open spaces

13 Dec 2025

A new 336-hectare township is set to launch in Harnandipuram within the next five months, offering a planned mix of residential development and supporting infrastructure. The project will include internal roads, civic amenities, utility networks and open spaces, aiming to create an organised, community-focused township rather than piecemeal growth. Early buyers may benefit from pre-launch pricing and access to well-designed amenities. The development is also expected to enhance local connectivity and improve overall living standards by introducing structured urban planning across a large land parcel. Once completed, the township is likely to serve as a modern residential hub for the surrounding region.Read more

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Maharashtra rolls out revised OC amnesty scheme for 20,000 Mumbai buildings

12 Dec 2025

The Maharashtra government has introduced a revised occupancy certificate amnesty scheme to resolve long-pending OC issues affecting nearly 20,000 buildings in Mumbai. Announced by Deputy Chief Minister Eknath Shinde, the move is expected to benefit over 10 lakh residents who have faced double property taxes, limited loan access and lower resale values due to missing certificates. The scheme allows penalty-free applications for six months, with reduced charges thereafter, and offers concessions on regularisation premiums. Residents will also gain full redevelopment rights, while hospitals and schools in unauthorised structures will receive relief. The government plans to extend similar measures to other cities, aiming to ease legal hurdles and stabilise Mumbai's housing market.Read more

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Ajmera Realty clocks INR 427 crore day-one sales at Vikhroli project Ajmera Solis

12 Dec 2025

Ajmera Realty has made a strong entry into Mumbai’s Vikhroli micro-market with the launch of Phase 1 of Ajmera Solis, recording around INR 427 crore in day-one sales. The project saw 81% of its launched inventory sold, with 324 homes booked across 1BHK, 2BHK and 3BHK formats. Located along the Eastern Express Highway, the development offers easy access to key business hubs and unobstructed views of mangroves, hills and the city skyline. Backed by its first private equity partnership, the project is financially closed and positioned for fast execution. Ajmera Solis also stands out as a Triple Net Zero certified development, combining sustainable design with mid-segment pricing.Read more

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Punjab Governor reviews major housing and development projects in Chandigarh

12 Dec 2025

The Punjab Governor has reviewed key housing and development projects in Chandigarh, signalling a push to speed up urban expansion and strengthen residential infrastructure. Officials shared progress updates on ongoing housing schemes, civic works and township developments, while the Governor stressed the need for timely approvals, quicker execution and adherence to environmental and planning norms. He also sought detailed plans and realistic timelines for upcoming projects. Authorities assured that bottlenecks related to clearances, connectivity and compliance were being addressed. The review aims to boost confidence among homebuyers and developers, promising faster project delivery, improved amenities and a more responsive regulatory environment in Chandigarh.Read more

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Delhi plans major upgrade of EWS housing clusters to improve living conditions

12 Dec 2025

Delhi’s Chief Minister has announced the redevelopment of EWS housing flats in Bhalswa and Jahangirpuri, aiming to transform the ageing clusters into a model settlement. The plan focuses on rebuilding substandard structures and providing modern, well-designed homes supported by safer infrastructure, better amenities and improved neighbourhood layouts. Residents have long faced issues such as poor maintenance, overcrowding and inadequate facilities, making the proposed overhaul a significant step toward better living conditions. The upgraded flats are expected to offer improved ventilation, open spaces, sanitation and connectivity. If executed transparently and on time, the project could uplift thousands of low-income families and set a benchmark for future public housing renewals.Read more

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Jammu & Kashmir RERA launches single-window system for project approvals

11 Dec 2025

JKRERA is launching a unified single-window system for approvals, registrations, and oversight of real estate projects across Jammu & Kashmir. Projects above 500sqm or with more than eight apartments must register before advertising or commencing construction. District enforcement cells will monitor compliance. Non-compliant promoters may face fines or imprisonment. The housing and urbandevelopment department has ordered all new and ongoing projects to register under JKRERA before work begins. The initiative aims to reduce delays, bring clarity, enforce regulations and curb unplanned growth.Read more

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Dasnac to invest INR 2,000 crore in new luxury housing project in Noida

11 Dec 2025

Dasnac has unveiled plans to invest about INR 2,000 crore in Dasnac Westminster, a new luxury residential project in Noida. Spread across a 1.94-acre corner plot, the development will feature 264 premium apartments designed with private lift lobbies, wellness-focused amenities and open views. With a total project cost of nearly INR 2,500 crore, the company positions this as a long-term commitment to Noida's growing high-end housing market. The project is already attracting interest from HNIs, NRIs and Gulf-based investors, driven by rising demand and improving local infrastructure. Construction timelines and approvals are being finalised, supported by Dasnac's established presence in Delhi-NCR.Read more

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Palm Hills targets over USD 7 billion in sales from first UAE project

11 Dec 2025

Palm Hills Developments is targeting over USD 7 billion in sales from its first UAE project, Saadiyat Shores, which spans 1.87 million square metres in Abu Dhabi and will cost around USD 5.4 billion to develop. Construction is planned for April or May 2026, with deliveries expected three to three-and-a-half years later. The company is securing financing from UAE banks and exploring additional projects in Abu Dhabi and Dubai. Beyond the UAE, potential developments in Riyadh and Jeddah indicate a wider Gulf expansion strategy.Read more

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NGT halts Baner project construction over dust and noise pollution violations

11 Dec 2025

The National Green Tribunal's Western Zone Bench has ordered an immediate halt to construction at a residential project in Baner after a neighbouring housing society complained of dust, noise and improper waste handling. The Tribunal reviewed a recent Maharashtra Pollution Control Board (MPCB) inspection, which flagged missing acoustic barriers, poor storage of raw materials, lack of controlled areas for cutting and grinding, and failure to follow construction-waste rules. Noting that earlier MPCB directions had not been effectively enforced, the NGT directed the Board to act on the developer's reply and ensure no work resumes until proper pollution-control measures are in place. The main case will be heard in April.Read more

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Kochi court orders housing society to levy maintenance based on flat size

10 Dec 2025

A recent Kochi order has directed a residential flat-owners association to replace its uniform maintenance fee with a size-based system, requiring charges to be calculated in proportion to each unit's floor area. The ruling followed complaints that flat-rate billing was unfair in a building with differently sized apartments, as smaller-unit owners were effectively subsidising larger ones. The association must now revise its maintenance structure, present audited area data and communicate the updated charges transparently. The decision promotes equitable cost-sharing and may prompt other housing societies in Kochi to reassess their billing practices. It could also influence buyer preferences toward communities with fair, size-linked maintenance policies.Read more

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Karnataka RERA chair warns homebuyers against accepting deficient real-estate services

10 Dec 2025

Karnataka's real estate regulator has urged homebuyers not to accept substandard or incomplete work from developers, stressing that doing so weakens their rights and allows poor practices to continue. The warning comes amid rising complaints about delays, inferior finishes and deviations from promised specifications. The authority reminded buyers that developers are legally required to meet quality norms, deliver as per approved plans and honour contractual commitments. Buyers have been advised to thoroughly inspect units before possession and formally document any defects to strengthen future claims. The message signals stricter regulatory expectations, pushing developers to improve execution, quality control and transparency to avoid complaints and enforcement action.Read more

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