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

Fire safety concerns rise in Noida as RWAs demand audit of hotels, PGs and high-rise buildings

Noida News Desk

09 Jun 2026

The Federation of Noida Residents Welfare Associations (FONRWA) has called for a comprehensive fire safety audit of hotels, paying guest accommodations (PGs), high-rise residential towers and commercial buildings across Noida. The demand comes amid growing concerns over fire preparedness and compliance with safety norms in densely populated developments. The federation has urged authorities to inspect fire-fighting systems, emergency exits and evacuation mechanisms, while ensuring strict action against violations. Resident groups believe regular audits and stronger monitoring are essential to improving safety standards and reducing risks in the rapidly expanding urban landscape.Read more

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Chandigarh pushes fast-track digitisation of village land records, over 13,000 properties mapped

09 Jun 2026

• Chandigarh Municipal Corporation has accelerated the digitisation of land and ownership records in five villages under the NAKSHA pilot project.
• Officials have been directed to complete pending work within the stipulated timeline after a review of the project's progress.
• Villages covered under the initiative include Sarangpur, Attawa, Burail, Kajheri and Palsora, where field verification work has largely been completed.
• More than 13,000 properties have been mapped and verified as part of Chandigarh's broader GIS-based land records programme.
• The project is expected to improve transparency, reduce land ownership disputes and strengthen urban and village planning through accurate digital records.
Read more

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Big Relief for Ulhasnagar Residents as Maharashtra Moves to Regularise Pre-2011 Properties

09 Jun 2026

• The Maharashtra government has taken a major step towards regularising unauthorised properties in Ulhasnagar that existed before January 1, 2011.
• A high-level meeting at Mantralaya reviewed pending issues and proposed measures to simplify the ownership regularisation process.
• The government is considering reducing regularisation charges from 10% to 5% of the Ready Reckoner value and removing the requirement for a D Certificate.
• A dedicated task force will be set up to speed up approvals and issue ownership documents to eligible property holders.
• The move is expected to benefit lakhs of residents by providing legal ownership rights and enabling redevelopment of old and dilapidated buildings.
Read more

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BMC orders probe into alleged misuse of athletes’ rooms at Andheri sports complex

09 Jun 2026

• The BMC has ordered an inquiry into the alleged misuse of 56 rooms meant for athletes at the Shahaji Raje Sports Complex in Andheri West, Mumbai.
• The probe follows allegations that the rooms were leased through an organisation and later sub-leased to a private hospitality operator.
• The controversy has renewed scrutiny of agreements linked to the sports complex’s management.
• Civic authorities will also examine complaints regarding user charges and the operation of facilities within the complex.
Read more

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INR 100 crore real estate scam: UP EOW arrests Karmabhoomi director, five accused still on the run

09 Jun 2026

• Uttar Pradesh's Economic Offences Wing (EOW) has arrested a director of Karmabhoomi Real Estate Company Limited in connection with an alleged INR 100 crore real estate investment scam.
• The company allegedly collected funds from hundreds of investors across multiple districts by promising high returns through real estate-linked schemes.
• Investigators have identified six directors associated with the company, while five accused are still absconding.
• The probe is focused on tracing investor funds, examining financial records and identifying the full extent of the alleged fraud.
• Authorities believe the case affected a large number of small investors and further arrests may follow as the investigation progresses.
Read more

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Ghaziabad to crack down on 258 illegal colonies along Hindon River over sewage pollution concerns

09 Jun 2026

• Ghaziabad administration is preparing a large-scale eviction and demolition drive against 258 illegal colonies located along the Hindon River.
• The action follows submissions made before the National Green Tribunal (NGT), which highlighted that these unauthorised colonies were discharging untreated sewage into the river.
• District authorities have directed multiple departments to identify encroachments, verify land records and initiate enforcement measures.
• The drive is aimed at protecting the Hindon River, preventing further encroachment on floodplain areas and improving environmental compliance.
• Officials expect the exercise to strengthen urban planning controls and curb the growth of unauthorised developments in the district.
Read more

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No More Land Deals in Lucknow’s IT City and Wellness City: Government Cracks Down to Protect Original Landowners

09 Jun 2026

• The Uttar Pradesh government has barred the sale, purchase and registration of land within the notified areas of LDA’s IT City and Wellness City projects in Lucknow.
• The move is aimed at preventing speculative land transactions and ensuring that benefits under the land pooling scheme reach original landowners.
• Only landowners whose names are already recorded in revenue records will be eligible for developed plots and project-related benefits.
• The restriction covers the first phase of both mega township projects being developed along Sultanpur Road and the Kisan Path corridor.
• Authorities expect the decision to curb artificial land price escalation and support smoother implementation of the projects.
Read more

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Patna Hotels Face Fire Safety Scrutiny as Majority Fail Compliance Audit

09 Jun 2026

• A fire department survey has found that only 80 of Patna’s 241 registered hotels fully comply with prescribed fire safety norms and have obtained the required No Objection Certificates (NOCs).
• The highest non-compliance was recorded in the city’s busiest hotel clusters, where deficiencies include inadequate emergency exits, narrow staircases, limited access for fire tenders and insufficient firefighting infrastructure.
• Authorities have intensified inspections and enforcement measures following previous hotel fire incidents, with non-compliant establishments being directed to upgrade safety systems and address structural shortcomings.
Read more

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Punjab launches free registration drive for 10 lakh construction workers

09 Jun 2026

The Punjab government has launched a statewide campaign to register and revalidate 10 lakh construction workers free of cost, aiming to expand access to welfare benefits and social security schemes. Announced by Chief Minister Bhagwant Mann during a review meeting of the Punjab Building and Other Construction Workers (BOCW) Welfare Board, the initiative will waive all registration and renewal charges for workers. The state plans to organise special registration camps across villages and urban centres to increase enrolment, as only 2.21 lakh workers are currently registered despite extensive construction activity and urbanisation. The drive is intended to improve coverage under welfare schemes, streamline benefit delivery and ensure that a larger segment of the construction workforce receives financial assistance, healthcare support, education benefits and skill development opportunities.Read more

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Bengaluru homeowners get occupancy certificate relief

09 Jun 2026

The Karnataka government has exempted a large category of homeowners in Bengaluru from obtaining Occupancy Certificates (OCs), providing relief to thousands of residential property owners facing challenges in securing the mandatory document. The decision extends the OC exemption to houses built on plots measuring up to 2,400 sq ft within the Greater Bengaluru Authority (GBA) limits, subject to prescribed building parameters. Previously, the relaxation was available only for smaller plots of up to 1,200 sq ft. The move is expected to benefit owners of independent houses who have struggled with procedural delays and compliance issues linked to occupancy certification. The government said the measure is intended to simplify regulatory processes while easing access to civic services and property-related documentation for eligible residential buildings.Read more

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