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

MahaRERA resolves 6,945 homebuyer complaints in a year, disposal rate reaches record 137%

17 Mar 2026

The Maharashtra Real Estate Regulatory Authority resolved 6,945 complaints from homebuyers during the past year, even though 5,073 new grievances were filed during the same period. This resulted in a record complaint disposal rate of 137%, indicating faster resolution of both new and older cases. Over the past two years, the authority has significantly improved its disposal performance compared to its earlier years, when resolution rates ranged between 50% and 70%. MahaRERA has also begun prioritising older complaints and speeding up hearings, while strengthening scrutiny during project registrations to reduce disputes and ensure timely delivery of housing projects.Read more

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Centre extends PMAY-Urban 2.0 scheme until September 30, 2026 to support housing for one crore urban families

17 Mar 2026

The Union government has extended the implementation period of Pradhan Mantri Awas Yojana Urban (PMAY-U) 2.0 until September 30, 2026, allowing more time to complete houses under construction and release funds for pending projects. The scheme aims to support the housing needs of nearly one crore urban families over five years. Minister of State for Housing and Urban Affairs Tokhan Sahu informed Parliament that the extension would help states and implementing agencies finish ongoing projects smoothly. The programme continues the Centre's push to expand affordable housing access for economically weaker and low-income families in urban areas.Read more

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DTCP demolishes illegal colonies and unauthorised structures across Gurugram in enforcement drive against unapproved developments

Gurugram News Desk

17 Mar 2026

The Department of Town and Country Planning (DTCP), Gurugram, carried out a demolition drive targeting several illegal colonies and unauthorised structures across multiple locations in the city as part of its enforcement action against unapproved real estate developments. During the operation conducted in the past week, officials demolished colonies and early-stage construction works in areas including Sadhrana village, Bhondsi and Sector 89. Structures removed during the drive included damp-proof course foundations, boundary walls, partially constructed buildings and internal road networks created to support illegal plotting activities. The enforcement action, supported by local police, is aimed at preventing unauthorised colonies being carved out on agricultural land without planning approval and curbing misleading plot sales to unsuspecting buyers. Authorities said such colonies typically lack civic infrastructure and violate planning regulations, and warned that strict action will continue against illegal development activities in Gurugram.Read more

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Odisha government launches 10-day statewide enforcement and awareness campaign to curb traffic violations and reduce road accidents

17 Mar 2026

The Government of Odisha has initiated a 10-day statewide road safety campaign aimed at curbing traffic violations and reducing the rising number of road accidents across the state. The initiative, led by the State Transport Authority, is scheduled to run from March 21 to March 31 and will combine enforcement actions with public awareness activities coordinated by regional transport offices. The drive will focus on common violations such as over-speeding, drink driving, triple riding on two-wheelers, riding without helmets, wrong-side driving and operating vehicles without valid licences. Authorities have instructed transport officials to intensify checks along national highways, state highways, mining corridors, urban arterial roads and accident-prone stretches. The campaign will also involve coordination with local police to conduct inspections and awareness programmes intended to improve compliance with traffic regulations and enhance road safety across Odisha.Read more

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Telangana government plans ring roads around district headquarters to improve highway connectivity and ease urban traffic movement

17 Mar 2026

The Telangana government has initiated plans to develop ring roads around major district headquarters as part of a broader strategy to improve road connectivity and reduce congestion within urban centres. Chief Minister A. Revanth Reddy directed officials from the Roads and Buildings Department to prepare feasibility studies and detailed plans for the proposed corridors during a recent review meeting on road infrastructure. The proposed ring roads are intended to link district headquarters with nearby national and state highways while diverting through-traffic away from city cores. Officials have been asked to examine existing road alignments that could be integrated into the ring road network and prepare comprehensive proposals under the state's long-term road sector development strategy. The initiative forms part of Telangana's wider efforts to strengthen inter-district connectivity and support economic activity through improved transport infrastructure.Read more

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Indore advances INR 416 crore Kanh river cleaning project to prevent sewage flow into Ujjain’s Kshipra ahead of Simhastha 2028

Indore News Desk

17 Mar 2026

The Indore Municipal Corporation is implementing an INR 416 crore river rejuvenation project to prevent untreated sewage from entering the Kanh river, a tributary that ultimately feeds into the Kshipra river in Ujjain. The initiative is being undertaken under the Namami Gange programme to ensure improved water quality ahead of the Simhastha Kumbh Mela scheduled in 2028, which is expected to draw millions of pilgrims. The project includes the construction of three sewage treatment plants, installation of new sewer networks using trenchless technology, and monitoring infrastructure to manage wastewater flows across the city. Civic authorities are accelerating construction and have directed contractors to increase labour and machinery deployment where progress has lagged. The project is intended to stop polluted discharge from Indore's waterways so that cleaner water flows into the Kshipra during the large-scale religious gathering.Read more

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APCRDA holds quarterly grievance redressal meeting, stresses worker welfare and safety in Amaravati projects

17 Mar 2026

A quarterly meeting of the Grievance Redressal Committee (GRC) was recently conducted at the headquarters of Andhra Pradesh Capital Region Development Authority in Rayapudi to review complaints and operational issues related to ongoing development works in the capital region. The meeting was chaired by Deputy Collector and Grievance Redressal Mechanism nodal officer P. Jayashree and attended by grievance officers and member secretaries from various committees. Discussions focused on labour welfare, wage-related complaints, safety awareness for residents and students, and compliance with traffic and operational guidelines at project sites across Amaravati.Read more

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Vijayawada Municipal Corporation approves installation of EV charging stations at major junctions and public parking areas

16 Mar 2026

The Vijayawada Municipal Corporation (VMC) has approved a proposal to establish electric vehicle (EV) charging stations at major road junctions, municipal parking spaces and other high-footfall locations across the city. The decision was taken during a recent municipal council meeting chaired by Mayor Rayana Bhagya Lakshmi, with civic officials stating that the initiative aims to support the growing adoption of electric mobility in Vijayawada. The project will identify suitable locations across the city where EV charging infrastructure can be installed to serve private vehicle owners, commercial fleets and public transport users. Authorities indicated that the rollout will align with national and state programmes promoting electric mobility, including the Smart Cities Mission, AMRUT and the FAME India scheme. The initiative is intended to strengthen urban charging infrastructure and facilitate wider EV adoption within the city's transport network.Read more

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CID registers complaint after investors allege INR 1.56 crore fraud linked to commercial investment scheme in WTC GIFT City Tower-C

16 Mar 2026

A group of investors has alleged financial fraud amounting to approximately INR 1.56 crore in connection with a commercial investment scheme linked to the World Trade Centre (WTC) GIFT City Tower-C development in Gujarat. The complaint, registered by the Gujarat CID (Crime) in the past week, claims investors were persuaded in 2021 to purchase commercial units in the project with assurances of a 1% monthly return, a buyback guarantee after two years, and a 12% bonus. According to the complaint, investors initially received monthly payouts for nearly a year, which reinforced confidence in the scheme. However, payments reportedly stopped in 2022, and cheques issued for repayment of the principal and bonus were later dishonoured. Investigators are now examining financial transactions, agreements and the involvement of company representatives connected to the project.Read more

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Telangana distributes house pattas and sanctions Indiramma houses to 412 displaced families in Velugumatla

16 Mar 2026

The Telangana government has distributed house site pattas and sanctioned homes under the Indiramma Housing Scheme to 412 families affected by demolitions on Bhoodan land in Velugumatla village in Khammam district. The beneficiaries were identified after a verification survey conducted following an eviction drive. Out of the total beneficiaries, 311 landless families will receive house sites and homes in Velugumatla, while 101 families will construct houses in their native villages. The government also plans to build a planned residential colony with civic amenities and complete the housing construction by December 9.Read more

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