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

Haryana RERA directs Imperia Structures to pay INR 55 lakh compensation to Gurugram homebuyers for delayed possession

Gurugram News Desk

30 Mar 2026

The Haryana Real Estate Regulatory Authority (HRERA), Gurugram, has directed Imperia Structures Ltd to pay approximately INR 55 lakh as compensation to homebuyers for loss of property appreciation due to delayed possession in its The Esfera project in Sector 37C, Gurugram. The order also includes additional payments towards mental agony and litigation costs. The buyers had booked the unit in 2013, with possession due by 2017, but faced prolonged delays. HRERA noted that the developer's failure to adhere to timelines resulted in financial loss linked to rising property values in the micro-market. The ruling reinforces the authority's approach of awarding compensation beyond refunds in cases of prolonged project delays.Read more

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Hyderabad civic body seals Katriya Hotel over INR 6 crore dues as property tax enforcement intensifies

Hyderabad News Desk

30 Mar 2026

The Greater Hyderabad Municipal Corporation (GHMC) has sealed Katriya Hotel and Towers in Somajiguda over pending property tax dues of approximately INR 6.16 crore, with arrears dating back to 2017. The action forms part of a broader enforcement drive targeting high-value defaulters across the city. Despite a 90% waiver on interest under an ongoing settlement scheme, the dues remained unpaid. Alongside the hotel, five additional commercial properties were sealed for non-payment. Civic authorities have issued nearly two lakh demand notices across Hyderabad and stepped up recovery measures under the Revenue Recovery Act. The move reflects mounting pressure on municipal bodies to improve tax compliance and strengthen revenue collections.Read more

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Navi Mumbai civic body intensifies demolition drive against unauthorised construction in Nerul

29 Mar 2026

Navi Mumbai Municipal Corporation has undertaken demolition action against an unauthorised structure in the Nerul division after the property owner failed to comply with a statutory notice issued under Section 54 of the Maharashtra Regional and Town Planning Act, 1966. The construction, located in Nerul village, was found to be ongoing despite prior enforcement warnings. The action was executed under the direction of Municipal Commissioner Dr Kailas Shinde, with supervision from senior officials including Additional Commissioner Dr Rahul Gethe and Deputy Commissioner (Encroachment) Dr Kailas Gaikwad. The operation involved municipal staff, labourers and mechanised equipment, supported by police personnel. The civic body has stated that enforcement drives will continue to address unauthorised developments across its jurisdiction.Read more

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Indian Railways approves INR 647.58 crore projects to improve connectivity in Gujarat and Bihar

29 Mar 2026

Indian Railways has cleared projects worth INR 647.58 crore in Gujarat and Bihar to improve rail connectivity and reduce congestion. The plan includes a rail-over-rail flyover at Kosamba and a rail bypass at Bhagalpur. These projects aim to streamline train operations, improve safety, and increase line capacity on busy routes. The Kosamba flyover will support a key gauge conversion project, while the Bhagalpur bypass will help decongest existing tracks. The move is part of the Railways ongoing focus on improving efficiency and network capacity.Read more

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Amaravati infrastructure works reviewed on site to track progress and coordination

29 Mar 2026

An on-site review of ongoing development works in Amaravati was carried out by S.V.R. Srinivas, Managing Director of AGICL. The inspection covered major projects including the MLA/MLC housing, minister bungalows, and judges and secretaries residences. A review meeting was also held with project representatives from KMV and BSR to assess construction progress and resolve issues. The review extended to AGC roads and underground utility works, which are key to the city's integrated infrastructure, with emphasis placed on timelines, quality standards, and coordinated execution across agencies.Read more

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ED attaches INR 1,700 crore assets in Mahadev betting case, includes Dubai properties

29 Mar 2026

The Enforcement Directorate has provisionally attached immovable assets worth around INR 1,700 crore in the Mahadev online betting app case. The properties are largely located in Dubai, including luxury units in Burj Khalifa, Dubai Hills Estate, and Business Bay, along with a few in New Delhi. These assets are linked to promoter Sourabh Chandrakar and his associates and are believed to have been purchased using proceeds from illegal betting activities. With this, the total value of attached assets in the case has crossed INR 4,300 crore, reflecting the scale of the investigation.Read more

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APCRDA Commissioner reviews Amaravati projects, directs efficient management of rainwater flow

29 Mar 2026

APCRDA Commissioner K. Kannababu IAS inspected multiple ongoing infrastructure projects in Amaravati, including Kondaveeti Vagu, associated canals, and Krishnayapalem Reservoir, along with senior officials. The inspection focused on managing rainwater flows following recent heavy rains and ensuring that construction activities are not disrupted. Officials were instructed to monitor reservoirs, maintain proper water movement through gravity canals, and prevent water accumulation from affecting transport and nearby residents. The Commissioner also emphasized creating alternative routes and maintaining continuous oversight of water management across key project areas.Read more

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Maharashtra transfers 83,904 acres of government land to mmrda to boost infrastructure

29 Mar 2026

Maharashtra has transferred 83,904 acres (33,954 hectares) of government land to the Mumbai Metropolitan Region Development Authority (MMRDA) to strengthen infrastructure development and secure financial closure for its FY27 project pipeline. Spread across 1,324 villages in Thane, Kalyan, Panvel, Palghar, Vasai and other key areas, the land will be utilised in a need-based manner for transit-oriented development, economic hubs, logistics parks, housing, and integrated urban nodes. The policy includes oversight mechanisms, digitisation of records, and revenue sharing with the state.Read more

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Corner node installation begins for diagrid structure at Amaravati Secretariat towers

29 Mar 2026

Construction at the Amaravati Government Complex has moved into a key phase with the start of corner node installation for the Secretariat and HOD Towers. The work, part of the advanced diagrid structural system for Towers 3 and 4, is being executed by Larsen & Toubro. Officials from the state government and project authorities marked the beginning with traditional rituals. This stage is important for structural strength and design efficiency. The development reflects ongoing efforts to build modern administrative infrastructure and strengthen Amaravati's position as a planned capital city.Read more

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Bengaluru apartment complexes face regulatory action over sewage discharge into Shikaripalya Lake

Bangalore News Desk

29 Mar 2026

Several apartment complexes in Bengaluru's Anekal region have come under regulatory scrutiny for discharging untreated sewage into Shikaripalya Lake, prompting action from the Karnataka State Pollution Control Board (KSPCB). Show-cause notices have been issued to multiple residential associations and an educational institution for failing to install mandated sewage treatment plants (STPs) and obtain regulatory approvals. The violations were identified during inspections conducted in the past few months, with authorities linking the lake's deteriorating condition to direct sewage inflow, rapid urbanisation and inadequate drainage infrastructure. The National Green Tribunal has also directed environmental audits across the lake's catchment. The development highlights growing compliance concerns in high-density residential clusters across Bengaluru's expanding peri-urban zones.Read more

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