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

Walkeshwar balcony collapse raises safety concerns over Mumbai's ageing MHADA cessed buildings

Mumbai News Desk

2 hours ago

A 51-year-old pedestrian died after a third-floor balcony of a MHADA cessed building collapsed in Walkeshwar, South Mumbai, amid the monsoon. The incident has renewed concerns over the structural condition of ageing cessed buildings and the pace of repairs and redevelopment. Civic authorities have launched an investigation, while the tragedy has drawn attention to the risks posed by deteriorating building infrastructure during the rainy season.Read more

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Heavy rains disrupt normal life across Mumbai, Thane and Palghar; IMD issues fresh alert

3 hours ago

• Heavy rainfall continued across Mumbai, Thane and Palghar for the second consecutive day, leading to widespread waterlogging, traffic congestion and disruptions to suburban train services.
• Several low-lying areas witnessed inundation, while road traffic slowed significantly due to flooding and poor visibility during peak hours.
• Three flights were temporarily diverted because of adverse weather before returning to Mumbai as conditions improved.
• The India Meteorological Department (IMD) has forecast heavy to very heavy rainfall accompanied by gusty winds over Mumbai and its suburbs during the next 24 hours.
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Motilal Nagar redevelopment plan faces scrutiny over major deficiencies

Mumbai News Desk

6 hours ago

• The proposed redevelopment plan for Motilal Nagar in Goregaon has come under scrutiny after authorities identified several deficiencies requiring revision before further approvals.
• The observations relate to planning, infrastructure, traffic management and compliance aspects, with officials seeking additional technical details and modifications to the proposal.
• Authorities have directed the project proponent to address the shortcomings through revised plans and supporting documentation before the proposal can move forward.
• The review highlights the emphasis on ensuring that one of Mumbai's largest redevelopment projects meets planning, safety and regulatory standards before implementation.
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Big relief for developers as OREAT rules ORERA cannot keep full registration fee after project rejection

7 hours ago

• The Odisha Real Estate Appellate Tribunal (OREAT) has ruled that the Odisha Real Estate Regulatory Authority (ORERA) cannot retain the entire project registration fee if an application is rejected or withdrawn after the prescribed period.
• Calling the practice arbitrary and without legal backing, the tribunal directed ORERA to refund the fees in two cases after deducting 12% towards administrative expenses.
• The tribunal observed that registration fees under the Real Estate (Regulation and Development) Act are regulatory in nature and cannot be treated as a penalty.
• OREAT also recommended that ORERA introduce a transparent refund mechanism for rejected or withdrawn applications to avoid similar disputes in the future.
Read more

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Centre notifies toll collection framework for Bengaluru–Bethamangala section of NE-7 Expressway

8 hours ago

• The Ministry of Road Transport and Highways has notified user fee collection for the 71.7-km Phase-1 Bengaluru–Bethamangala section of the NE-7 Greenfield Expressway in Karnataka.
• Four toll plazas, including three interchange plazas, have been designated under a closed user fee collection system, with toll charges linked to the actual distance travelled.
• The notification also provides for concessional passes for frequent users, distance-based tolling and additional charges for overloaded vehicles.
• The Phase-1 project has an estimated capital cost of INR 8,431.15 crore, with toll rates to be revised annually in accordance with National Highways Fee Rules.
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Himachal CM visits remote Bara Bhangal after 15 years, announces development push

10 hours ago

• Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu visited the remote Bara Bhangal region after nearly 15 years, becoming the first Chief Minister to stay overnight in the area.
• During the visit, he interacted with residents, farmers and sheep rearers, reviewed local challenges and reaffirmed the government's commitment to improving infrastructure and public services in the region.
• The Chief Minister highlighted initiatives to promote natural farming and informed residents about enhanced Minimum Support Prices (MSPs) for agricultural produce and wool.
• The visit formed part of the state's 'Sarkar Gaon Ke Dwar' initiative, aimed at improving governance and development in remote and inaccessible areas.
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Andhra Pradesh approves INR 1,250 crore rare earth magnet manufacturing project with tailored incentives

11 hours ago

• The Andhra Pradesh government has approved a special incentive package for M/s NAN MagneTech to establish a INR 1,250 crore rare earth permanent magnet manufacturing facility in Nellore district.
• The greenfield project will come up on 25 acres at Naidupeta Industrial Park, generate around 400 jobs and is targeted for commissioning by June 2028.
• The project is expected to strengthen India's domestic rare earth magnet manufacturing capabilities while positioning Andhra Pradesh as a key processing hub for the ASEAN and Indo-Pacific region.
• The state has sanctioned a customised package of incentives, including capital subsidy, power and water reimbursements, and land-related concessions, subject to investment milestones and policy conditions.
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Delhi Revisits PPP Slum Redevelopment Model as Kathputli Colony Residents Continue Waiting for Homes

Delhi News Desk

13 hours ago

Delhi has revived the Public-Private Partnership (PPP) model for in-situ slum redevelopment under its new rehabilitation policy, but the prolonged experience of Kathputli Colony has highlighted the challenges of large-scale urban renewal. More than a decade after thousands of families were shifted to transit accommodation, many beneficiaries are still awaiting permanent homes. The project, once envisioned as a model for slum rehabilitation, has become a reminder of how delays in execution can affect livelihoods, community networks and public confidence even as the government prepares to replicate the approach elsewhere.Read more

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Uttar Pradesh approves INR 1.04 crore project to develop Gomti river origin into tourism destination

15 hours ago

The Uttar Pradesh Tourism Department has approved an INR 1.04 crore project to develop the origin of the Gomti River at Kalinagar Tehsil in Pilibhit district into a tourism and spiritual destination. An initial allocation of INR 78 lakh has already been released, with the Uttar Pradesh State Tourism Development Corporation (UPSTDC) appointed as the implementing agency. The project will introduce visitor infrastructure, including a multipurpose hall, landscaped gardens, pathways and solar-powered amenities, while improving facilities for pilgrims and tourists. The initiative aims to preserve the site's cultural and religious significance and promote nature-based tourism around Gomat Tal, the river's source, which flows nearly 960 km across Uttar Pradesh before joining the Ganga in Ghazipur.Read more

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Haryana Issues Clarification on Building Code Amendments for Occupation Certificates

18 hours ago

The Haryana Department of Town and Country Planning has issued a clarification on amendments to the Haryana Building Code, 2017, explaining the applicability of revised occupation certificate provisions introduced in December 2025. The clarification specifies that the amended norms will apply prospectively and outlines how pending and completed building applications will be treated. The move is intended to ensure uniform implementation of the revised building regulations by planning authorities across the state while providing clarity to property owners and developers.Read more

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