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

Navi Mumbai Municipal Corporation collaborates with Project Mumbai and Mindspace REIT to drive a plastic-free city initiative

22 Oct 2025

The Navi Mumbai Municipal Corporation (NMMC), in partnership with Project Mumbai and Mindspace REIT, has launched an innovative Navi Mumbai Plastic and E-Waste Recyclothon; to promote sustainable urban living. The initiative, involving over two lakh citizens across more than 200 locations, focuses on reducing plastic and e-waste through recycling and reuse. It aims to transform collected waste into usable public materials like benches, planters, and school supplies, while fostering behavioural change towards responsible waste management and advancing Navi Mumbai's vision of becoming a model sustainable city.Read more

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Telangana government disburses INR 2,233 crore under Indiramma Housing Scheme

22 Oct 2025

Earlier this month, the Telangana government deposited INR 2,223 crore into the accounts of beneficiaries under the Indiramma housing initiative, with weekly disbursements tied to construction progress. Over 22,000 beneficiaries received payments totalling INR 252 crore in a single week, the largest weekly sum to date. Across the state, about 2.18 lakh houses are under construction in various stages, and the government reaffirms its pledge to support timely completion through direct financial transfers.Read more

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Bengaluru launches one-time scheme to convert B-khata properties to A-khata

22 Oct 2025

The Greater Bengaluru Authority has launched a one-time scheme allowing property owners with B-khata status to convert their holdings to A-khata. Applicable to eligible single-plot sites under 2,000 sq metres, applications must be submitted online via the BBMP portal, authenticated through Aadhaar, and include consent to convert private roads to public ones. Applicants will undergo site inspections and pay 5% of the site's guidance value. The 100-day campaign, beginning in November, aims to help around 1.5 million owners regularise properties. The initiative seeks to simplify property records, promote transparency, and ensure better infrastructure through the creation of a unified A-khata system.Read more

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Bombay HC rules CIDCO's 22.5% land return scheme is optional for owners

22 Oct 2025

The Bombay High Court has clarified that CIDCO's 22.5% developed land return scheme is optional, not mandatory, for landowners. If landowners choose not to participate, CIDCO must follow the due process under the LARR Act, 2013, and the Maharashtra Regional and Town Planning (MRTP) Act, including providing full monetary compensation. The judgment reinforces statutory property rights and fair compensation principles. Experts suggest the ruling could affect land acquisition practices in Navi Mumbai, particularly in projects like the Navi Mumbai Airport Influence Notified Area (NAINA) and Navi Mumbai International Airport (NMIA).Read more

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Bombay High Court invalidates SRA's acquisition of NESCO land for slum rehabilitation

21 Oct 2025

The Bombay High Court recently annulled the Slum Rehabilitation Authority's (SRA) acquisition of NESCO Limited's land in Goregaon (East) for a slum redevelopment project. The court determined that the acquisition violated due process under the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971. NESCO had contested the acquisition, asserting its right to redevelop its land and challenging the legality of the proceedings. In a surprising turn, slum dwellers supported NESCO's stance, citing issues with the previous developer.Read more

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Madhya Pradesh High Court issues notices over illegal constructions near Kaliyasot Dam

21 Oct 2025

The Madhya Pradesh High Court has issued notices to retired IAS officers, a businessman, and builders over alleged illegal constructions in Bhopal's 'Whispering Palms' society near the Kaliyasot Dam. Petitioners highlighted that residents exceeded the permissible construction limit of low-density zones by over 50%, violating the Bhopal Master Plan-2005. The court has directed authorities to investigate and take action, emphasizing the importance of protecting ecologically sensitive areas and adhering to urban planning norms. Further hearings are scheduled to review compliance and measures for mitigation.Read more

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Bombay High Court orders state to compensate victims of pothole and manhole accidents

21 Oct 2025

The Bombay High Court has directed municipal corporations and state authorities to pay compensation for deaths and injuries caused by potholes and open manholes, highlighting citizens' right to safe roads. The court criticized authorities for repeated negligence and emphasized that compensation must be disbursed promptly, with strict accountability for officers and contractors responsible. Committees are to be formed to assess claims and monitor compliance. Compensation ranges from INR 50,000 to INR 6 lakh, with funds recoverable from contractors or, if unavailable, borne by the concerned authorities.Read more

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Goa to conduct comprehensive land survey after over 50 years

21 Oct 2025

Goa is set to undertake its first major land survey in more than five decades to update outdated records and identify unclaimed or vacant plots. The initiative will initially focus on urban areas, using modern geospatial technology to ensure accurate data collection. Survey officers, assisted by staff from various departments, will compile records in a central digital system, with drafts released for public feedback. The survey will facilitate better land governance, streamline property rights, and support urban planning and development initiatives across the state.Read more

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Indian Railways adopts IMC model, revamps loco and wagon maintenance system

20 Oct 2025

Indian Railways unveiled a sweeping revamp of its maintenance regime for locomotive sheds by rolling out long-term contracts and an inspection-maintenance-confirmation (IMC) framework. The move responds to a substantial rise in the induction of wagons, coaches and locomotives, and aims to bolster efficiency, accountability and infrastructure capacity. With freight loading expected to escalate significantly, the new system is designed to relieve strain on existing maintenance facilities and align practices with international norms.Read more

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BEST seeks AAI approval for Santacruz depot redevelopment

20 Oct 2025

The Brihanmumbai Electric Supply and Transport (BEST) Undertaking has moved to redevelop its Santacruz bus depot and staff quarters by inviting applications to appoint a consultant for obtaining a No Objection Certificate (NOC) from the Airports Authority of India (AAI). The site, spanning over 13,000 sqm, lies within the Juhu airport funnel zone, where building heights are strictly regulated. Citizen groups have expressed concerns that redevelopment could reduce bus parking space and signal privatization, referencing earlier depot handovers at Mahim and Kurla. BEST maintains that the project will comply with all regulatory procedures.Read more

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