Category: News

Haryana Chief Minister, Mr. Nayab Singh Saini on Monday directed officials to make a key road stretch in Gurugram completely pothole-free within 24 hours, warning that any negligence in public welfare projects would invite strict action.

The directive was issued during a meeting of the District Public Relations and Grievance Redressal Committee in Gurugram. The Chief Minister instructed authorities to repair the road from Umang Bhardwaj Chowk in Sector-10A via Gadoli to the Dwarka Expressway on a priority basis.

Emphasising the state government’s focus on Gurugram’s overall development, Mr. Saini asked officials to address public grievances with sensitivity, urgency and accountability. Of the 17 complaints taken up during the meeting, 12 were resolved on the spot, while five were deferred with instructions to submit detailed status reports in the next session.

The Chief Minister also ordered that all damaged roads across the city be repaired and made fully motorable within one month. He directed agencies including HSIIDC, MCG and GMDA to remove encroachments and carry out repair work strictly in accordance with prescribed norms.

Addressing a long-pending road blockage at Carnation Residency in Sector-85, Mr. Saini said a 24-metre-wide connecting road between Sector-86 and the Dwarka Expressway would be constructed within two weeks. The project is expected to benefit nearly 7,000 residents and around 800 school students. He further set a one-month deadline to resolve waterlogging issues in Surat Nagar Phase-1 and warned of strict action against officials failing to meet timelines.

For more news and updates, visit Inframantra

The Haryana government is set to introduce a faceless property registration system, with a pilot project scheduled to begin in Faridabad by the end of March. The initiative is aimed at digitising land administration and improving transparency in property-related transactions across the state.

The pilot will run for a period of three months and will serve as a testing ground before the government considers expanding the system to other districts. The project will initially be implemented in one tehsil of Faridabad and will be closely monitored during the trial phase.

Announcing the move, Mrs. Sumita Misra, Financial Commissioner of the Revenue and Disaster Management Department, said the initiative marks a major step towards building a fully digital and citizen-friendly property registration process. She noted that the system is designed to minimise physical visits to government offices and make services more accessible and convenient for the public.

According to the state government, the faceless registration system will allow property registrations to be completed through a digital platform, reducing delays and limiting human intervention. The new process is expected to address long-standing issues such as lack of transparency, procedural inefficiencies and scope for corruption in land registration.

Mrs. Misra said the Faridabad pilot reflects Haryana’s broader focus on technology-led governance reforms. She added that the digital system would change the way citizens interact with land administration by offering faster processing and greater accountability.

The pilot will include all core features of the faceless registration system. Some additional, non-essential features may be introduced later based on operational needs and feedback from users. The platform will be hosted securely on the Ministry of Electronics and Information Technology’s cloud infrastructure.

Key safeguards include a comprehensive digital workflow, reduced discretionary powers, and oversight by nodal officers from both the Revenue Department and the implementing agency. The system will also generate a detailed audit trail, ensuring better monitoring and transparency.

Once the technical setup and user acceptance testing are completed, the three-month pilot will begin. Based on its performance and public response, the Haryana government may roll out the faceless property registration system in other districts in a phased manner, reinforcing its push for efficient and technology-driven public services.

For more news and updates visit Inframantra

The Reserve Bank of India (RBI) on Friday announced that banks will now be allowed to lend directly to Real Estate Investment Trusts (REITs), a step aimed at improving access to long-term funding for the commercial real estate sector.

The announcement was made during the RBI’s first monetary policy review of the 2026 calendar year. The Monetary Policy Committee (MPC) decided to keep the benchmark repo rate unchanged at 5.25%, continuing its pause after cutting rates by a total of 125 basis points since February 2025.

RBI Governor, Mr. Sanjay Malhotra said the MPC chose to maintain the current policy stance to assess how earlier rate cuts are flowing through the economy, while also keeping an eye on domestic growth trends and global economic developments.

The decision to allow banks to lend to REITs is expected to provide a major boost to the sector, which has emerged as an important platform for owning and managing income-generating commercial properties such as office complexes, shopping malls

and logistics parks.

Until now, REITs mainly relied on capital markets for funding, raising money through bond issuances or equity offerings. While banks could invest in REIT units within prescribed limits, direct lending to the trust structure itself was not clearly allowed. As a result, many REITs depended on loans taken by special purpose vehicles (SPVs) that hold individual assets.

With this policy change, REITs will gain access to more stable and longer-term bank financing. This could help lower borrowing costs, support asset acquisitions, enable refinancing of existing debt and encourage portfolio expansion.

Industry experts have long argued that allowing bank credit to REITs would strengthen the real estate investment ecosystem and attract more institutional capital into commercial real estate. The RBI’s move is seen as aligning REITs more closely with other regulated investment vehicles and supporting the steady growth of income-producing real estate assets in the country. Overall, the decision is expected to deepen funding options for REITs while maintaining stability in the broader financial system.

Follow INFRAMANTRA for more updates

The National Highways Authority of India (NHAI) is set to open a major portion of the Gurgaon-Pataudi-Rewari highway to traffic by mid-February, offering long-awaited relief to commuters along the busy corridor. However, key structures such as a railway overbridge (RoB) near Pahari village will remain incomplete for now.

Officials said the highway would be made operational excluding the RoB and a few other pending structures, primarily to reduce commuter inconvenience. While most of the project is now nearing completion, full finishing- apart from the RoB, is targeted for March. The railway overbridge is expected to be ready by June.

Once operational, the highway is expected to enhance connectivity between Gurgaon, southern Haryana and Rajasthan, while easing pressure on the congested Delhi-Jaipur Expressway. It will also serve as an alternate route for industrial hubs in Manesar, Bilaspur and Dharuhera, improving traffic movement for both daily commuters and freight vehicles.

The project, estimated at Rs.900 crore, was inaugurated in July 2020 by Union minister Nitin Gadkari. Although it was initially slated for completion by December 2022, construction began in November 2021 following revisions to the timeline.

According to NHAI, delays at the RoB occurred due to late approvals from the railways for girder launching. Another bottleneck is the flyover at the Dwarka Expressway Gurgaon junction, where construction has been slowed by the presence of a 400 kV high-tension power line awaiting relocation. Delays in permissions and utility shifting have led to repeated deadline extensions.

Visit Inframantra for more real estate news and updates.

The year 2026 is set to usher in a series of major financial reforms that will directly impact how Indians earn, save, invest, borrow and transfer wealth. From higher tax rebates and a new income tax law to salary revisions under the 8th Pay Commission and fresh RBI rules on loans and credit reporting, the changes span across income tax, banking, investments and inheritance laws.

Whether you are a salaried professional, a mutual fund investor or a loan borrower, these reforms are expected to influence financial planning decisions in the coming year.

Higher tax rebate to kick in with ITR 2026

One of the biggest changes for individual taxpayers will be visible while filing income tax returns in 2026. Under the new tax regime, individuals earning up to Rs.12 lakh annually will effectively pay zero income tax, thanks to an enhanced rebate of Rs.60,000 under Section 87A.

Salaried taxpayers will receive additional relief through a standard deduction of Rs.75,000, pushing the tax-free income threshold to Rs.12.75 lakh. The move is aimed at easing the tax burden on middle-class earners while simplifying compliance.

New Income Tax Act to replace the 1961 law

From April 1, 2026, India will implement a new Income Tax Act, replacing the decades-old Income Tax Act of 1961. The revamped legislation significantly reduces complexity, cutting the number of sections from 819 to 536 and chapters from 47 to 23.

Alongside this, the Central Board of Direct Taxes (CBDT) is expected to notify new income tax return forms by January 2026. The simplified forms will feature higher disclosure thresholds for assets and liabilities, clearer deduction reporting and broader eligibility for easy-to-file returns. The government hopes these measures will reduce litigation and improve voluntary compliance.

8th Pay Commission to revise government salaries

Central government employees and pensioners can expect a salary overhaul as the 8th Central Pay Commission comes into effect from January 1, 2026, marking the end of the 7th Pay Commission’s tenure.

As per established practice, the accumulated dearness allowance (DA) will be merged with basic pay once the new commission is implemented, and DA will reset to zero. Revised salaries will be calculated using a fitment factor applied to the updated basic pay. DA, which was last raised to 58 percent in July 2025, is due for another revision before the new pay structure takes effect.

Mutual fund costs to become more transparent

Mutual fund investors will benefit from changes announced by the Securities and Exchange Board of India (SEBI), aimed at improving transparency and reducing costs. From April 2026, total expense ratios (TER) will exclude statutory levies such as GST, stamp duty and securities transaction tax, with costs disclosed in separate components.

SEBI has also lowered expense ratio caps across fund categories, including a reduction for index funds and ETFs from 1 percent to 0.9 percent. The reforms are expected to make investing more cost-efficient and easier to understand.

New code for tax-free inheritance of securities

From January 2026, SEBI will introduce a new Transmission to Legal Heirs (TLH) reporting code to automatically classify the transfer of securities from nominees to legal heirs as tax-exempt inheritances.

The move will help prevent incorrect capital gains tax demands and align reporting with existing tax law provisions that exempt such transfers. The new code will be used by registrars, depositories and listed companies when reporting transactions to tax authorities.

Mandatory probate scrapped in major cities

Inheritance procedures are also set to become easier. From January 1, mandatory probate of wills has been scrapped in Mumbai, Chennai and Kolkata following amendments to the Indian Succession Act, 1925. The change aims to bring uniformity in succession laws and reduce delays and costs associated with asset transfers, making it simpler for legal heirs to claim property.

Loans against silver to be allowed

Borrowers will soon be able to pledge silver jewellery and coins to raise loans, in addition to gold. Under new RBI guidelines effective April 1, 2026, banks, NBFCs, cooperative banks and housing finance companies can offer loans backed by silver. The move is intended to bring standardisation and better regulation to precious-metal-backed lending.

Weekly credit reporting to credit bureaus

From July 1, 2026, lenders will be required to report borrower data to credit bureaus on a weekly basis instead of monthly. Institutions will submit updates on fixed dates each month along with a full account snapshot by the following month’s deadline. The RBI believes the change will improve credit accuracy, reduce reporting errors and benefit both borrowers and lenders.

No pre-payment charges on floating-rate loans

In another borrower-friendly move, the RBI has directed lenders to eliminate pre-payment penalties on floating-rate loans for individuals and micro and small enterprises. The rule will apply to loans sanctioned or renewed from January 1, 2026. Together, these reforms signal a major reset in India’s financial landscape, with 2026 shaping up to be a year of significant change for households and businesses alike.

Visit Inframantra for more real estate news and updates.

In a significant step towards modernizing land records, India’s central government has initiated the adoption of Geographic Information System (GIS)-based property registration, aiming to replace outdated hand-drawn sketch maps used in property deeds. This move is designed to enhance accuracy, curb fraud, and establish conclusive land titling, under the broader framework of the Digital India Land Records Modernisation Programme (DILRMP) and the newly launched NAKSHA program.

The core objective of this transition is to eliminate inaccuracies in traditional land maps by incorporating precise geographic data, including latitude and longitude coordinates, into the property registration process. GIS-based records will link every property transaction to an exact, geo-referenced location, potentially using high-resolution satellite or drone imagery to ensure data integrity.

Key Benefits of GIS-Based Property Registration:

Enhanced Accuracy and Security: The shift to GIS will create legally valid, geo-referenced land boundaries, minimizing errors and tampering. This will link property deeds to digital maps, safeguarding against unauthorized changes. 

Reduction of Fraud and Disputes: By connecting land records directly to mapped locations, GIS will help eliminate the ‘black box’ nature of registration systems and prevent fraudulent transactions. Disputed or litigated properties will be flagged in real time. 

Transparency and Efficiency: The integration of GIS will allow citizens to access land records online, reducing the need for intermediaries and physical office visits, thus speeding up service delivery. A Unified Land Parcel Identification Number (ULPIN) will be assigned to each plot for easier access to legal, spatial, and ownership data.

Revenue Boost: Accurate property mapping will assist local governments in assessing property taxes more effectively, expanding the tax base and minimizing tax evasion.

Long-Term Impacts: Adopting GIS will lead to a conclusive land titling system, improving legal certainty around ownership and reducing litigation. It will also enhance infrastructure planning, support sustainable urban development, and enable quicker public grievance resolution. In the long run, these efforts are expected to drive economic growth through more efficient property transactions and better land-use management. The government is urging states to procure advanced survey equipment and adopt standardized software to ensure the smooth implementation of this nationwide initiative.\

For the latest updates, keep reading Inframantra news and articles.

Plans for a new Regional Rapid Transit System (RRTS) corridor connecting Gurgaon and Noida are moving forward, with the National Capital Region Transport Corporation (NCRTC) submitting a draft detailed project report (DPR) to the Haryana government for review.

The proposed high-speed rail corridor will run between IFFCO Chowk in Gurgaon and Surajpur in Greater Noida and is seen as a key component of a broader connectivity plan aimed at linking Delhi’s IGI Airport with the upcoming Noida International Airport at Jewar. Once approved, the corridor is expected to significantly ease inter-city travel across the National Capital Region (NCR).

According to the draft DPR, the route will include six stations and will bypass Delhi entirely. It will pass through Sector 54 in Gurgaon, enter Faridabad at Bata Chowk, move via the Sector 85-86 junction, and continue towards Noida sectors 142 and 168 before terminating at Surajpur. The project is estimated to cost around Rs.15,000 crore.

This would be the third RRTS corridor planned through Haryana. Two other corridors: Delhi-Gurgaon-Manesar-Bawal and Delhi-Panipat-Karnal, have already received clearance from the Public Investment Board and are awaiting final approval from the Union Cabinet. The 93-km Delhi–Bawal corridor is projected to cost Rs.32,000 crore, while the 136-km Delhi-Karnal corridor is estimated at Rs.33,000 crore. Both are planned to originate from Sarai Kale Khan, the terminal station of the Delhi-Meerut RRTS line, which is ready for commissioning.

Authorities are also studying possible RRTS links from Sarai Kale Khan or Ghaziabad to Jewar airport. Depending on feasibility outcomes, alignments of other corridors may be adjusted.

The Gurgaon-Noida corridor is expected to integrate with the Delhi–Bawal line at IFFCO Chowk and with the proposed Ghaziabad-Jewar corridor at Surajpur. Travel time between IFFCO Chowk and Faridabad is projected at just 22 minutes, while Gurgaon to Noida could take about 38 minutes.

While NCRTC has proposed an elevated alignment, the Haryana government has suggested making the Gurgaon stretch underground due to dense development and high land costs. 

You may also like to read:-

YEIDA Announces New Housing Plot Scheme Near Noida Airport for 2026

Golf Course Extension Road Overtakes Golf Course Road as Gurgaon’s New Luxury Hotspot

Dwarka Expressway Real Estate Sees 5-Fold Price Increase in 14 Years

The Yamuna Expressway Industrial Development Authority (YEIDA) is gearing up to launch a new housing plot scheme in January 2026, offering residential plots for those interested in owning a home near the upcoming Noida International Airport. Yeida plot scheme 2026 will provide a total of 973 plots in various sizes, ranging from 162 to 290 square meters (sqms), across multiple sectors in close proximity to the airport, which is slated to begin operations in February 2026.

What is YEIDA?

Yamuna Expressway Industrial Development Authority (YEIDA) is a government body driving planned urban development and industrial growth along the Yamuna Expressway corridor. Known for the YEIDA plot scheme, the authority offers residential, commercial, and industrial plots near Jewar Airport, attracting investors seeking high returns.

The Yamuna Expressway plot scheme and YEIDA residential plot scheme are popular among homebuyers looking for affordable options in the fast-growing Yamuna Expressway real estate market. With the development of Noida International Airport investment zones, demand for industrial plots near Jewar Airport and commercial spaces is rising rapidly.

YEIDA also provides transparent guidelines for the YEIDA land allotment process, eligibility criteria, and updated YEIDA property rates. Backed by strong infrastructure and connectivity to Delhi-NCR, YEIDA projects present one of the best investment opportunities near Jewar Airport for long-term growth.

YEIDA Residential Plot Scheme 2026 latest news

The plots will be located in sectors 15C, 18, and 24A, all strategically situated near the airport. YEIDA officials have confirmed that the authority is in the process of obtaining necessary approvals and registrations from the Uttar Pradesh Real Estate Regulatory Authority (UPRERA), a requirement before launching any housing scheme. RK Singh, CEO of YEIDA, assured that the authority is on track to receive the UPRERA registration by January 2026, at which point the scheme will be formally launched.

In a bid to ensure inclusivity, YEIDA has made provisions for both farmers and industrialists in this scheme. A total of 17.5% of the plots will be reserved for farmers whose land was acquired for the development of the Yamuna Expressway, while 5% of the plots will be allocated to industrialists who have functional units in the YEIDA area (Yamuna City). The remaining 77.5% will be available to the general public.

The plot sizes in this scheme are distributed as follows:

476 Plots	162 sq m.
4 Plots	183 sq m.
4 Plots	184 sq m.
481 Plots	200 sq m.
6 Plots	223 sq m.
2 Plots	290 sq m.

In addition to this, YEIDA has also successfully allotted 65 industrial plots over the past year, generating ₹2,200 crore in revenue through various industrial initiatives, including the medical device park.

How to apply?

Prospective buyers will be required to pay a 10% registration fee to apply for the plots yeida new plot scheme. Following this, a lucky draw will be conducted to determine the successful allottees. A one-month registration window will be given to applicants before the allotment and possession process begins.

Frequently Asked Questions

Q. Where are the plots located in the YEIDA Scheme 2026?

The plots are located in residential sectors along the Yamuna Expressway, close to Noida Airport.

Q. Who can apply for the YEIDA New Plot Scheme 2026?

Any eligible Indian citizen can apply as per YEIDA guidelines.

Q. How can I apply for the YEIDA Housing Scheme 2026?

Applications can be submitted online through the official YEIDA website after the scheme launch.

Q. What is the launch date of the YEIDA Plot Scheme 2026?

The official launch date of the YEIDA Plot Scheme 2026 has not been announced yet and is expected to be released in Jan 2026.

For more news and updates, visit INFRAMANTRA

You may also like to read:-

YEIDA Residential Plot Scheme 2025: Notified Areas, Eligibility & How to Apply Online

Lodha Developers, a prominent Mumbai-based real estate firm, has entered into a strategic alliance with Gurugram-based MRG Group to debut in the Delhi-NCR market. The collaboration will see the development of two significant projects in prime Gurugram locations, collectively projected to generate over Rs.3,600 crore in revenue.

According to MRG Group, these projects are expected to redefine the standards of luxury residential and commercial developments in the Delhi-NCR region. The partnership highlights Lodha Developers’ entry into a competitive market, where it had previously focused on warehousing ventures but is now venturing into high-end residential and commercial real estate.

Mr. Rajjath Goel, Managing Director of MRG Group, expressed enthusiasm about the partnership, stating, “Joining forces with Lodha Group is a milestone for us. Lodha’s legacy of trust, design excellence, and quality aligns perfectly with our vision. This collaboration underscores our confidence in Gurugram’s position as India’s leading real estate market.”

In a statement regarding their focus on the NCR region, Mr. Abhishek Lodha, Managing Director and CEO of Lodha Developers, emphasized that while the company’s initial focus will likely be on Gurugram, it is not ruling out expansion into other parts of the NCR in the future. “For now, Gurugram will be our primary focus, but other areas may come into play later,” he noted during an investor call in late October 2025.

The partnership is expected to raise the stakes in Gurugram’s rapidly growing real estate market, as both developers aim to offer premium properties that meet the growing demand for high-quality living spaces and commercial hubs in the region.

You may also like to read:-

Golf Course Extension Road Overtakes Golf Course Road as Gurgaon’s New Luxury Hotspot

Namo Bharat Train to Connect Delhi-Alwar, Gurugram Set to Gain

MCG Clears Rs.165 Crore Infrastructure Push for Gurgaon, Approves 26 Civic Projects

Golf Course Extension Road (GCER) is fast emerging as Gurgaon’s new luxury real estate magnet, steadily surpassing the long-dominant Golf Course Road (GCR) in both prestige and investor appeal. Once viewed simply as an extension of the iconic GCR stretch, GCER has transformed into a prime residential corridor driven by modern infrastructure, superior connectivity, and a wave of ultra-luxury developments.

Over the past few years, the area has matured into a preferred address for high-net-worth individuals, senior corporate professionals, and expatriates. With an influx of premium condominiums and villa communities, GCER is drawing buyers who traditionally gravitated toward GCR. The corridor’s enhanced connectivity to NH-48, Cyber Hub, the Delhi-Mumbai Expressway, and the Gurgaon-Faridabad Road has further cemented its position as a future-ready luxury hub.

The rise of GCER is also reshaping demand patterns. Real estate prices in the area have seen a sharp uptick, rising nearly 25-30% in the past year, outpacing appreciation on Golf Course Road, where most marquee projects have already reached saturation. In contrast, GCER is still evolving, opening the door for new high-end launches by top-tier developers.

Among the standout developments, TARC Ishva in Sector 63A is emerging as a significant milestone in GCER’s transformation. Designed as an ultra-luxury residential offering with four-sided open layouts and future-oriented features, it appeals to both end users and long-term investors seeking sustained value. Other major projects, such as DLF The Arbour, which saw robust early sales, and Trump Towers Gurgaon, which brings international branding to the region have further elevated the corridor’s desirability.

Beyond real estate, GCER’s social infrastructure is rapidly expanding. Premium hospitality brands like Grand Hyatt, along with retail destinations such as Worldmark Gurgaon, are shaping a vibrant lifestyle ecosystem that resonates with modern luxury consumers. With its contemporary housing options, expanding road and metro connectivity, and strong investment performance, GCER is increasingly viewed as the new luxury hotspot in Gurgaon.