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

Bihar EOU forms special task force to curb illegal sand mining and land mafia networks

14 Dec 2025

Bihar's Economic Offences Unit (EOU) has set up a Special Task Force (STF) to strengthen action against illegal sand mining and land mafia activities across the state. The unit will work under DIG Manavjit Singh Dhillon with SP Rajesh Kumar, four DSPs and five inspectors. The STF will focus on financial investigations, identification of illegal assets and legal action for their seizure. It will coordinate with various government departments and district authorities. A confidential public helpline has also been launched to report suspicious activities linked to mining or land dealings.Read more

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Ranchi civic body cracks down on unauthorised commercial activity across the city

14 Dec 2025

The Ranchi Municipal Corporation has stepped up action against unauthorised commercial activities across the city, targeting properties operating without valid permits or land-use approvals. Municipal teams are inspecting residential and mixed-use areas where shops, eateries and offices are running without trade licences or change-of-use clearance. Notices have been issued asking violators to stop operations or apply for regularisation within set timelines, with penalties likely for repeat offences. Officials said unchecked commercial use strains infrastructure and disrupts residential neighbourhoods. While residents have welcomed the crackdown to reduce congestion and noise, some small business owners have raised concerns over compliance costs. The civic body said it will offer guidance on regularisation while ensuring zoning rules are enforced to support planned and sustainable urban growth.Read more

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Bihar launches Bhumi Sudhar Samvad to resolve land disputes and improve transparency

14 Dec 2025

Bihar has introduced Bhumi Sudhar Samvad, a government initiative to speed up resolution of land disputes and enhance transparency in land records. Citizens can now present land documents for verification and correction by officials. A special monitoring team, Udan Dasta, will check for fraudulent activities in land transactions. The state has received about 46 lakh applications, resolving nearly 12 lakh cases so far. The government will also run a campaign in March to remove encroachments on state land, while officials involved in irregularities will face strict action.Read more

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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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Surat contractor fined INR 5 lakh for poor dust control at Dumas Seaface project

14 Dec 2025

Surat Municipal Corporation fined a contractor INR 5 lakh at the Dumas Seaface project for failing to implement dust control and waste management measures. The action is part of a broader inspection of 266 construction sites across the city, of which 184 were penalised, totalling INR 56 lakh. Key violations included missing shade nets and improper debris disposal, with Varachha and Sarthana zones most affected. The crackdown aims to enforce pollution norms across Surat’s construction sector, ensuring safer air quality and cleaner urban surroundings.Read more

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Maharashtra clears incentive FSI to speed up redevelopment of Mumbai mill lands

13 Dec 2025

The Maharashtra government has moved to speed up redevelopment of old buildings and chawls on Mumbai’s mill lands by approving key changes to planning regulations. The previous rules lacked incentive Floor Space Index (FSI), which discouraged developers from taking up projects despite many structures being unsafe and long overdue for renewal. Under revised norms, developers will now get added incentive FSI, making projects more viable. Residents on mill lands will keep the right to rehabilitation homes. This change aims to unlock stalled projects and bring renewed investment to Mumbai’s historic mill areas.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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Madhya Pradesh clears land consent for Indore Pithampur economic corridor

13 Dec 2025

The Madhya Pradesh Industrial Development Corporation (MPIDC) secured landowner consent for nearly 300 hectares under a land pooling plan for the 19.60 km Indore Pithampur Economic Corridor, covering part of the total 1,177 hectares including private and government land. This development marks steady progress in a major connectivity project designed to ease freight movement and support industrial growth in the region. Authorities continue phased land formalities and will finalise engineering plans before beginning structured corridor development. The project builds on prior land registry steps and policy adjustments for returning developed land to owners.Read more

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