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

Sahara seeks Supreme Court approval to sell major properties to Adani Properties

14 Oct 2025

Sahara India Commercial Corporation Ltd (SICCL) has approached the Supreme Court seeking permission to sell multiple properties, including Aamby Valley in Maharashtra and Sahara Shahar in Lucknow, to Adani Properties Private Limited. The plea, linked to ongoing Sahara Group matters, highlights the group's intent to liquidate its assets to repay investors. The move follows the death of Sahara Group founder Subrata Roy last year, which left the conglomerate without a formal decision-maker. The proposal aims to maximise asset value and meet court-directed financial obligations.Read more

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Navi Mumbai Municipal Corporation intensifies crackdown on illegal construction in Ghansoli

14 Oct 2025

The Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive against unauthorised construction in the Ghansoli division earlier this week. Despite prior notices served by the encroachment department, the concerned property owner had ignored the warnings and continued illegal construction work. Acting under the directives of Commissioner Dr Kailas Shinde, the NMMC team, supported by senior officials, executed the clearance operation with police assistance. The civic body confirmed that similar actions would continue across other areas as well.Read more

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Rajasthan government justifies merger of Jaipur municipal corporations

14 Oct 2025

The Rajasthan government has defended its decision to merge Jaipur Municipal Corporation Heritage and Jaipur Municipal Corporation Greater, highlighting public interest and financial efficiency as key reasons. A Congress leader challenged the move through a Public Interest Litigation, claiming it reduces democratic representation by lowering the number of municipal wards from 250 to 150. The High Court has allowed more time for response, with the next hearing scheduled later this month. The merger also brings roughly 80 villages and 1.75 lakh people under unified governance.Read more

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Kerala CM meets PM seeking funds for Wayanad, AIIMS approval, and financial support

13 Oct 2025

Kerala CM Shri Pinarayi Vijayan met Prime Minister Modi to request immediate release of over INR 2,220 crore from the National Disaster Relief Fund for Wayanad landslide reconstruction. He also sought central approval to establish an AIIMS at Kinaloor in Kozhikode and discussed the state's financial challenges, requesting higher borrowing limits to strengthen fiscal stability. The visit highlighted ongoing disagreements with the Centre over disaster funding and included discussions with senior Union ministers on development and administrative issues. The meetings underscore Kerala's focus on urgent reconstruction, healthcare, and fiscal management.Read more

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Supreme Court upholds Delhi HC's decision on Signature View Apartments demolition

13 Oct 2025

The Supreme Court refused to entertain a plea challenging the Delhi High Court's directive on the demolition of Signature View Apartments in Mukherjee Nagar. The High Court had ruled that there would be no stay on the demolition and instructed the Delhi Development Authority (DDA) to ensure minimal inconvenience to residents during the process. The Municipal Corporation of Delhi had earlier declared the structures unsafe. Residents were given time to vacate, and the DDA has been authorized to proceed with demolition and future reconstruction.Read more

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Supreme Court asks MCA to submit original records on closure of Indiabulls complaints

13 Oct 2025

The Supreme Court has directed the Ministry of Corporate Affairs to present original records related to the closure of objections against Indiabulls Housing Finance Limited, now Sammaan Capital Limited. The matter involves claims of financial irregularities and large-scale loans routed through corporate entities. Senior advocates for Indiabulls denied any wrongdoing, while the petitioner NGO highlighted possible misuse of loans and compounding of violations. The court also referred to the Central Bureau of Investigation's observations on the matter.Read more

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Noida administration cracks down on unregistered B&Bs in high-rise flats

13 Oct 2025

The Noida administration has taken action against over 100 homeowners in Supernova Towers, Sector 94, for running unregistered bed-and-breakfast (B&B) units. The move follows multiple complaints from residents about disturbances, security risks, and unauthorized commercial use. Notices were issued under the Sarai Act, 1867, which requires all B&B operations to obtain approvals from local authorities, police, and fire departments. The crackdown aligns with Uttar Pradesh's Bed and Breakfast and Homestay Policy 2025, aimed at formalizing short-term rental operations and safeguarding residents' interests.Read more

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Telangana RERA fines Bhuvanteza Infra, orders refunds with interest to homebuyers

12 Oct 2025

The Telangana Real Estate Regulatory Authority (TGRERA) has imposed a fine of INR 6.4 lakh on Bhuvanteza Infra Projects Pvt. Ltd. for multiple violations, including non-registration, diversion of customer funds, and delayed possession of flats. The authority has ordered refunds to buyers in three separate cases, along with 10.7% annual interest, to be paid within 30 days. Cases involved projects at Bommarasipet, Velimela, Dundigal, and Malkajgiri, where buyers had paid substantial amounts but did not receive the promised flats. These actions reinforce TGRERA's commitment to protecting homebuyers' rights.Read more

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Karnataka High Court urges state government to set land transaction guidelines

12 Oct 2025

The Karnataka High Court has called on the state government to create clear guidelines for land and site transactions on converted lands outside sanctioned layouts. The court emphasized that Section 17(2B) of the Karnataka Town and Country Planning Act, 1961, is meant to protect buyers while ensuring planned urban growth and adequate civic infrastructure. This move follows the dismissal of a petition where the municipality refused an e-khata for a converted plot without layout approval. The court highlighted the need for a formal regulatory framework to prevent unplanned developments.Read more

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Railway Board makes traffic studies mandatory before DPR, FLS for new projects

11 Oct 2025

The Railway Board has directed all zonal railways to conduct traffic studies before initiating Final Location Surveys (FLS) and Detailed Project Reports (DPRs) for new railway projects. This step aims to assess the preliminary viability of projects, including new lines, doubling/multitracking, gauge conversions, and yard remodelling works. The decision comes after complaints of procedural violations and wasteful expenditure. The Board's emphasis on compliance seeks to ensure that resources are used efficiently and only projects with verified potential move forward.Read more

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