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

NMMC launches strict dust checks at construction sites amid rising winter smog

01 Dec 2025

Navi Mumbai Municipal Corporation (NMMC) stepped up its scrutiny of construction sites earlier this week after the civic chief directed officials to enforce anti-pollution measures more stringently amid rising winter smog. The town planning department was instructed to personally verify dust-control systems at active project sites and shut down any location failing to comply for a week. Acting on these orders, engineering teams have begun field inspections across construction zones, quarries, RMC plants and coal-based bakeries, ensuring adherence to air and noise pollution norms mandated under the SOP issued last year.Read more

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FIR initiated against Gurugram developer for commercial colony licence violations

01 Dec 2025

Authorities in Gurugram have moved to register an FIR against Ornamental Realtors Pvt Ltd for not renewing its commercial colony licence for a 3.5-acre project in Sector 61. The licence, originally issued in 2009, expired in 2017, but the developer did not apply for renewal or pay the required fees. Officials also found that the company had not uploaded mandatory compliance reports on the official portal. A notice issued in October did not result in any action from the builder, prompting authorities to proceed with legal steps.Read more

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Delhi government introduces PM-Pragati style tracking system and expands waste-to-energy plan

01 Dec 2025

Delhi has cleared a PM-Pragati-ike project-monitoring mechanism to speed up major public works, especially those above INR 5 crore. The system, expected to be known as CM-Pragati, will allow the Chief Minister to review progress through a digital dashboard and hold departments accountable for delays. Alongside this, the city has announced a detailed waste-management and pollution-control plan. The approach includes expanding waste-to-energy capacity, upgrading existing plants, adding a new WTE plant in Bawana by mid-2027, and targeting the removal of legacy waste by December 2028.Read more

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Haryana RERA orders builder to reinstate flat and pay delay compensation

30 Nov 2025

Haryana RERA has directed MRG Infrabuild to reinstate a flat in The Meridian, Gurugram, and pay delay compensation at 10.9% per annum. The buyer had already paid more than the total sale price, but the builder cancelled the allotment citing defaults and imposed extra post?Covid demands, later acknowledged as system errors. HRERA found the cancellation invalid, as the promoter failed to provide required notice and missed possession timelines. The authority ordered reinstatement within 30 days and interest payment within 90 days, reinforcing buyer protection in affordable housing.Read more

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GDA takes action against builders for construction violations in open storage of materials

30 Nov 2025

The Ghaziabad Development Authority has fined two builders INR 20,000 each for violating environmental norms by storing construction materials in the open at sites in New Panchawati Colony and Vijaynagar. The rules, under GRAP-3 and NGT directives, prescribe higher fines for larger plots and stricter measures for sites above 500 sqm, including UPPCB registration, dust audits, and camera monitoring. These actions are part of a wider GDA crackdown on illegal construction and pollution, though residents highlight continued dust and infrastructure issues that require coordinated civic efforts.Read more

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Chandigarh rejects CHB's plotted housing plan in IT Park for violating master plan

30 Nov 2025

The Chandigarh Housing Board's proposal to introduce plotted residential development at the Rajiv Gandhi Chandigarh Technology Park has been stalled after the urban-planning department rejected the request on the grounds of violating the city's master plan. The move marks another setback to CHB's long-pending attempts to initiate housing on the 123-acre land parcel, originally reclaimed nearly a decade ago after a prolonged dispute. The board's earlier group-housing scheme had also faced environmental hurdles, and the latest objection now forces CHB to reconsider how the strategically located IT Park land can be used.Read more

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Supreme Court directs release of V Hotels assets to Lodha Developers

29 Nov 2025

The Supreme Court has directed the ED to release 12 V Hotels properties, including the Centaur Hotel in Juhu, back to Lodha Developers, which acquired the company under NCLT-approved insolvency proceedings last year. Lodha had deposited INR 520.80 crore as a security, which the court ordered to be returned with interest. The ruling makes it clear that Lodha must have no connection to V Hotels' former promoters or proceeds from alleged crimes. Legal proceedings against the previous promoters will continue, while the decision highlights the protection for legitimate resolution applicants.Read more

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Arihant Shelters director arrested as ED seizes INR 18 crore in land scam

29 Nov 2025

Aashish Jain, Director at Arihant Shelters, was arrested this week by the Enforcement Directorate (ED) in connection with the fraudulent sale of government-earmarked OSR (Open Space Reservation) lands in Tamil Nadu. The investigation revealed forged documents were used to transfer the lands to private buyers, who then sold them to NHAI and SIPCOT at inflated prices. ED has seized assets totaling INR 18.10 crore, including cash, gold, shares, and bank balances. The probe indicates long-term manipulation of lands originally intended for public utilities, with proceeds allegedly routed through shell companies.Read more

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Katra Realtors enters insolvency process amid Ansal API financial challenges

29 Nov 2025

The National Company Law Tribunal has admitted Katra Realtors-an affiliate of Ansal Properties and Infrastructure (Ansal API)-into insolvency proceedings following a plea by IL&FS Financial Services. Katra Realtors had provided an unconditional corporate guarantee for a loan Ansal API borrowed in 2016. After Ansal API defaulted in 2017, IL&FS recalled the loan in 2019 and invoked the guarantee, later renewing its demand in 2024. While Ansal API's liabilities exceed INR 571 crore, the guarantee claim on Katra Realtors is around INR 23 crore. An interim resolution professional has been appointed as Ansal API continues to face liquidity pressures and project delays.Read more

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Jamshedpur and Dhanbad intensify crackdown on unauthorised buildings

29 Nov 2025

Municipal authorities in Jamshedpur and Dhanbad have launched a coordinated enforcement drive to clamp down on illegal constructions that deviate from approved building plans. A special squad will carry out random inspections, and offenders face possible demolition and hefty fines. Local residents are being urged to report suspect activity. The campaign builds on a history of selective enforcement and misused basements in Jamshedpur, signalling a tougher, more systematic regulatory phase.Read more

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