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

PM Modi launches INR 9,000 crore worth of rail, road and education projects in Mizoram

16 Sep 2025

Prime Minister Shri Narendra Modi inaugurated and laid the foundation for multiple projects worth more than INR 9,000 crore in Mizoram, including the first railway line connecting Aizawl to India's national railway network. The Bairabi-Sairang rail line, covering 51.38 kilometres and built at a cost of about INR 8,070 crore, was the most significant among them. He also launched new train services, key road and bridge projects, educational institutions, an LPG bottling plant, and a sports facility. These developments are expected to enhance connectivity, improve public services, and open economic opportunities across the state.Read more

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Navi Mumbai civic body intensifies anti-encroachment action with Airoli demolitions

16 Sep 2025

The Navi Mumbai Municipal Corporation recently conducted a strict demolition drive against unauthorised construction in the Airoli area after the property owners failed to comply with official notices. Under the guidance of senior officials, the encroachment department removed constructions at two specific plots where building activity had continued despite prior legal directives. A total penalty of INR 50,000 was collected from the property owners. The operation involved dedicated municipal staff, labourers, and police support, signalling the administration's continued focus on curbing unauthorised developments within the city.Read more

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Ranchi police urge landlords to verify tenants after recent criminal activities

16 Sep 2025

Ranchi police have stressed the need for proper tenant verification after recent criminal incidents in the city. Many landlords have not been reporting new tenants to the authorities, even though regulations require it, creating gaps in safety monitoring. Police have directed all stations to collect tenant information and plan awareness campaigns to educate landlords on their responsibilities. This initiative aims to prevent rental properties from being misused for criminal activities and improve safety for residents.Read more

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Homebuyer grievances to be resolved faster as government reviews Haryana's RERA system

16 Sep 2025

The Haryana government has asked RERA authorities in Gurgaon and Panchkula to fast-track homebuyer grievance redressal and step up monitoring of developers after a review by Chief Secretary Anurag Rastogi. Despite fewer projects compared to many states, Haryana accounts for nearly 10% of India's pending RERA complaints, with most cases linked to Gurgaon. To clear the backlog, RERA has set up a help desk, will launch online tutorials, and establish mediation cells. Deputy commissioners have been tasked with enforcing recovery certificates, supported by RERA. The government has also ordered stricter compliance checks and warned of zero tolerance towards corruption within the system.Read more

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Maharashtra to simplify Occupancy Certificate process for Mumbai buildings

15 Sep 2025

The Maharashtra government is preparing a new policy to simplify occupancy certificate (OC) approvals for thousands of buildings in Mumbai and its suburbs. Targeted at projects that have long faced delays due to rule changes, lapses, or disputes, the scheme will allow residents to apply online, with penalties waived if applications are made within six months. Issues such as floor area discrepancies, setbacks, and stalled projects will be addressed, while additional space used will require payment of premiums. Recommendations include protecting open spaces, ensuring parking, and permitting partial OCs where feasible. The move aims to ease legal uncertainty, support housing societies, and bring long-pending buildings into compliance.Read more

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Chandigarh Municipal Corporation to audit fire safety in 25,000 buildings

15 Sep 2025

The Chandigarh Municipal Corporation has launched a large-scale fire safety audit covering more than 25,000 buildings across the city. This move is designed to tackle the risks posed by substandard firefighting equipment and low preparedness among building occupants. Certified third-party agencies will be empaneled to carry out periodic audits in line with the National Building Code. The program also includes training sessions for building occupants to improve emergency readiness, aiming to ensure safety and compliance in various types of buildings across the city.Read more

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Panchkula clears 100 illegal shops at Majri Chowk for rehab housing plan

15 Sep 2025

Authorities in Panchkula have demolished nearly 100 illegal shops, dhabas, and stalls at Majri Chowk as part of a large anti-encroachment drive led by the Municipal Corporation and Haryana Shahari Vikas Pradhikaran (HSVP). The land, meant for residential use, had never been approved for commercial activity. Officials plan to use the cleared site to rehabilitate families from Gandhi Colony, where many live in slum-like conditions. A survey is underway to identify genuine residents, with around 1,000 structures counted but many found vacant or used for livestock. Eligible families will receive 10-by-10-foot plots, marking a move towards organised housing and improved living standards.Read more

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Odisha to introduce comprehensive urban parking policy to manage city congestion

15 Sep 2025

The Odisha government is preparing to roll out a comprehensive urban parking policy to tackle increasing traffic congestion in major cities including Bhubaneswar, Cuttack, Berhampur, and Rourkela. A consultative workshop, organized by the Odisha Urban Academy in coordination with the Housing and Urban Development Department, gathered officials, urban planners, transport experts, and civil society representatives to discuss the policy framework. The draft policy focuses on demand-based parking charges, regulation of on- and off-street parking, promotion of sustainable transport options, integration with public transport, and the use of smart technologies for efficient parking management.Read more

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Punjab cancels CLU for Mohali project after forged documents found

15 Sep 2025

The Punjab government cancelled part of a developer's CLU in Mohali after discovering forged documents that included land from Drari village. The decision affects about 1.3 acres and leaves roughly 200 investors, who had invested around INR 250 crore, in a state of uncertainty. Despite investing six years ago, they have not received property possession or completed infrastructure. The developer has remained unresponsive, while investors seek intervention from the state government or GMADA to ensure project completion.Read more

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Uttarakhand limits homestay scheme to permanent residents to prevent misuse

14 Sep 2025

Uttarakhand's tourism department has announced that its homestay scheme will now be limited to permanent state residents to prevent misuse by non-resident operators. The scheme, meant to support local families and showcase Uttarakhand's culture, has been exploited by outsiders registering residential properties as homestays while running them as commercial businesses. Proposed amendments to the Uttarakhand Tourism and Travel Business Registration Regulations 2014 include tax exemptions, a five-year registration period, stricter monitoring, and penalties for non-compliance. Over five thousand homestays are currently registered in the state.Read more

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