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

Uttar Pradesh simplifies building plan approvals for private land in Noida

Noida News Desk

24 Dec 2025

The Uttar Pradesh cabinet has approved the New Okhla Industrial Development Authority (Building Construction on Land Transferred Through Exchange) Regulations, 2025, aimed at simplifying building plan approvals for privately owned land in Noida. Previously, landowners whose property was transferred via exchange had to approach courts because the 2010 building regulations only covered leased land. The new rules allow the Noida Industrial Development Authority to process applications directly, reducing litigation and delays. Officials said the change improves clarity, transparency, and institutional efficiency, supporting faster urban development and better governance in the state.Read more

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Ludhiana Municipal Corporation launches major crackdown on illegal buildings

Ludhiana News Desk

24 Dec 2025

The Ludhiana Municipal Corporation has initiated a large-scale enforcement drive against unauthorised constructions across the city, targeting buildings constructed without approved plans, excess floor space intensity or in contravention of zoning norms. Civic teams have identified multiple sites where construction has progressed without requisite permissions, issuing stop-work orders and formal notices to property owners and developers. The move underscores the corporation's intent to uphold urban planning standards, ensure safety compliance and protect neighbourhoods from the impacts of unregulated development. Municipal officials have emphasised that swift action will continue, with further inspections, potential penalties and legal proceedings for persistent non-compliance.Read more

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FIR filed against Ocean Seven Buildtech directors over stalled Gurugram housing project

Gurugram News Desk

23 Dec 2025

An FIR has been filed against the directors of Ocean Seven Buildtech Pvt Ltd after homebuyers raised allegations of fraud, fund diversion, and criminal breach of trust in the stalled Expressway Towers affordable housing project in Gurugram. Buyers claimed that allotted flats were illegally cancelled and resold, construction has remained incomplete for years, and intimidation tactics were used to prevent oversight. The police have begun investigating financial records, escrow transactions, and project documentation to determine accountability. This case adds to ongoing scrutiny of developers failing to deliver promised affordable housing.Read more

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Delhi High Court allows KEC International to bid for projects, including Power Grid tenders

Mumbai News Desk

23 Dec 2025

KEC International has received interim relief from the Delhi High Court, which has allowed the company to participate in ongoing project bids, including those floated by Power Grid Corporation of India Ltd. The court kept PGCIL's earlier order barring KEC from tenders in abeyance and directed the utility to issue a fresh decision after considering the company's response to a show cause notice. The order enables KEC to continue bidding while the matter is reviewed. PGCIL contributes a smaller share to KEC's current order book compared to last year.Read more

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Delhi issues SOP to control road dust with fines up to INR 5 lakh

23 Dec 2025

Delhi has introduced a detailed SOP to regulate road-cutting and excavation activities, aiming to reduce dust pollution across the city. The policy requires agencies and contractors to install dust barriers, cover debris, carry out water spraying, and provide safety gear to workers. Vehicles carrying materials must be covered and have valid PUC certificates. A graded fine system by the Delhi Pollution Control Committee ranges from INR 50,000 to INR 5 lakh depending on violation size. The SOP strengthens enforcement under Delhi's ongoing winter pollution control plan.Read more

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Home Minister urges developers to add green spaces and upskill workers

23 Dec 2025

Union Home Minister Shri Amit Shah has called on real estate developers to prioritise green spaces in project planning and invest in skill development for construction workers, linking both to sustainable urban growth. Speaking at an industry conclave, he highlighted the expanding role of real estate amid rapid urbanisation. Shah said the Real Estate (Regulation and Development) Act has strengthened transparency, construction quality, and buyer confidence despite early concerns. He also pointed to reduced GST rates on key building materials, noting that lower costs can translate into better amenities for homebuyers. Emphasising cooperation, he urged developers to engage constructively with government reforms, stating that responsible development will unlock long-term opportunities for the sector.Read more

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Delhi High Court penalises serial litigant for filing repetitive pleas against illegal constructions

22 Dec 2025

The Delhi High Court has imposed costs on a habitual petitioner for repeatedly filing similar pleas related to alleged illegal construction activities, chastising the litigant for misusing judicial time and clogging court dockets. The bench observed that the successive petitions raised identical issues that had already been addressed earlier, leading to unnecessary repetition and judicial burden. By directing the petitioner to pay costs, the court underscored the need to deter frivolous litigation and preserve judicial resources. The order emphasises that courts are obliged to protect their processes from misuse, and that litigants must ensure new petitions present fresh grounds rather than rehashing settled matters.Read more

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CAG flags delays and cost overruns in Chhattisgarh housing scheme

22 Dec 2025

The Comptroller and Auditor General of India has identified significant lapses in the implementation of a major affordable housing scheme in Chhattisgarh, highlighting delays, cost overruns and procedural deficiencies. The audit found that key project timelines were missed and that financial irregularities and inadequate monitoring weakened delivery of the government's housing objectives. Shortcomings included poor planning, lack of timely approvals, and non-adherence to contractual benchmarks, which collectively reduced the scheme's effectiveness. The findings signal a need for strengthened oversight, rigorous project management and tighter compliance with policy guidelines to ensure public funds are efficiently used and intended beneficiaries receive housing benefits in a timely manner.Read more

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NABARD retirees launch agitation over delay in pension revision and post-retirement benefits

22 Dec 2025

Retirees of the National Bank for Agriculture and Rural Development have begun an agitation alleging prolonged delays in the implementation of pension revision and other post-retirement benefits. Representing more than 3,500 retirees and family pensioners nationwide, the All India NABARD Retired Employees Welfare Association has accused both the central government and NABARD management of failing to resolve long-pending demands. The association has termed the existing pension framework discriminatory and warned of an escalation in protests if the issues remain unaddressed.Read more

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NGT extends ban on sand mining in Goa rivers till January 2026 amid clearance dispute

22 Dec 2025

The National Green Tribunal has extended the ban on sand mining in Goa's rivers until January 2026 while examining objections raised against environmental clearances granted for extraction. The move follows a plea by an environmental group questioning the legality and process followed in issuing approvals for sand mining across several river stretches. The tribunal has directed that no mining activity should take place until the matter is heard again. Authorities have been asked to file detailed responses on compliance with environmental rules, coastal regulations, and sustainable mining norms.Read more

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