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

CREDAI MCHI Thane expo concludes with 20,467 visitors, 234 bookings and 398 loan applications processed

20 Apr 2026

The 23rd edition of the CREDAI MCHI Thane Property Expo concluded after recording 20,467 visitors and facilitating 234 spot bookings across residential, commercial and retail segments. The three-day event featured over 100 RERA-approved projects from 40+ developers, with demand concentrated in the INR 55 lakh to INR 2.25 crore range. Key micro-markets such as Ghodbunder Road, Kolshet, Pokhran and Majiwada saw strong traction. Banks processed 398 loan applications, reporting higher sanction rates due to on-site facilitation. The event also drew interest from NRIs and investors, supported by infrastructure developments including metro expansion and the proposed high-speed rail corridor.Read more

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MMRDA model draws interest from Andhra Pradesh urban development authorities

20 Apr 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) recently hosted a senior delegation from Andhra Pradesh comprising Vice-Chairpersons of 18 Urban Development Authorities as part of a capacity-building programme focused on urban governance and infrastructure planning. The visit aimed to study MMRDA's regional development framework, including its financial structuring, land management systems, and transport-led growth model. Discussions highlighted data-driven planning, PPP frameworks, and integrated urban development across the Mumbai Metropolitan Region. The delegation examined large-scale infrastructure execution and governance practices, acknowledging MMRDA's structured approach to sustainable metropolitan growth and its growing relevance as a model for other states.Read more

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Bombay HC allows higher FAR approvals subject to final case outcome

Mumbai News Desk

20 Apr 2026

The Bombay High Court has ruled that approvals granting higher floor area ratio (FAR) for real estate projects will remain conditional on the outcome of an ongoing legal case. The court clarified that while authorities may process and grant such permissions, they will not attain finality until the matter is adjudicated. The decision has implications for redevelopment and high-density projects, where additional FAR directly influences project viability and scale. The ruling comes amid disputes over planning norms and regulatory compliance, with developers and authorities seeking clarity on permissible construction limits. The case highlights the intersection of urban planning regulations and judicial oversight in Mumbai's development framework.Read more

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Surat civic body issues tax notices for 700 demolished EWS homes

20 Apr 2026

The Surat Municipal Corporation (SMC) has issued property tax notices to residents of around 700 economically weaker section (EWS) homes that were demolished over a year ago, raising concerns over billing practices. The affected properties are located in Pragya Nagar, a government-subsidised housing colony comprising 44 buildings that were vacated and demolished due to structural concerns. Despite the demolition and displacement of nearly 3,000 residents, tax demands for FY 2024-25 and 2025-26 have been raised. Residents, currently living in rented accommodation without financial assistance, have questioned the continued levy on non-existent structures. The development highlights gaps in municipal record updates and redevelopment timelines.Read more

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HRCUN conducts relief drive in Rohini slum cluster, distributes essential supplies

20 Apr 2026

The Human Rights Commission for the United Nations (HRCUN) conducted a humanitarian outreach drive in a slum cluster in Rohini Sector 3, New Delhi, distributing essential items to underprivileged residents. The initiative included food kits, healthcare supplies, clothing and daily-use materials, aimed at addressing immediate needs in informal settlements. Organised in the past week, the drive saw participation from the organisation's leadership and volunteers, who engaged directly with residents. The activity forms part of HRCUN's broader efforts to support marginalised communities through grassroots interventions, focusing on welfare, dignity and social inclusion. The development reflects ongoing challenges in urban informal housing areas, where access to basic services and resources remains limited.Read more

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Self-redevelopment gains momentum in Mumbai with policy push

Mumbai News Desk

20 Apr 2026

Self-redevelopment of housing societies in Mumbai is seeing steady growth with active support from the state government. A dedicated authority and financial backing have encouraged over 1,600 societies to explore independent redevelopment. The model is gaining attention as it allows residents to retain control and avoid delays linked to private developers. With nearly 13,500 old and dilapidated buildings still pending redevelopment, this approach is emerging as a practical alternative. However, access to funding, technical expertise and approvals remain key challenges that societies continue to face.Read more

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ED arrests former Reliance ADAG executives in loan diversion probe

20 Apr 2026

The Enforcement Directorate has arrested former senior executives of the Anil Dhirubhai Ambani Group, Amitabh Jhunjhunwala and Amit Bapna, in a money laundering case linked to alleged loan diversion at Reliance Home Finance and Reliance Commercial Finance. The probe focuses on loans given to weak entities and routed through shell companies. Authorities suspect senior-level involvement in approvals. The case follows earlier action by the CBI and is part of a wider investigation into financial irregularities and fund misuse within group companies.Read more

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Manipur CM reviews Imphal airport terminal work, pushes timely completion

19 Apr 2026

N Biren Singh inspected the ongoing construction of a new integrated terminal at Imphal airport, directing officials to ensure timely completion and adherence to quality standards. The project, being developed by the Airports Authority of India, is expected to significantly enhance passenger handling capacity from 1.39 million to 5 million passengers annually and enable round-the-clock operations. The new terminal will also expand parking capacity from around 100 to over 1,000 vehicles. Officials briefed the state government on construction progress and key infrastructure components. The development forms part of broader efforts to strengthen aviation infrastructure and connectivity in the North-East region.Read more

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Lucknow authority moves ahead with plan to redevelop low-rise housing into high-rises

Lucknow News Desk

19 Apr 2026

The Lucknow Development Authority (LDA) is planning to redevelop its ageing low-rise residential buildings into high-rise structures to improve land use and increase housing supply. The move follows the state's urban redevelopment policy targeting buildings over 25 years old or structurally weak. The plan aims to modernise infrastructure, improve living conditions, and support rising demand in the city. It also aligns with LDA's broader focus on affordable housing, new residential schemes, and infrastructure upgrades, indicating a steady shift towards vertical development in Lucknow's urban planning approach.Read more

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Waste charge confusion delays property tax payments in Bengaluru apartments

Bangalore News Desk

19 Apr 2026

Property tax payments in Bengaluru have slowed as apartment residents face confusion over newly introduced solid waste management (SWM) charges. Bulk waste generators must submit detailed data to claim exemptions, but most housing societies do not track daily waste generation. The lack of clarity on the civic portal, uncertainty over vendor approvals, and fear of penalties for incorrect entries have delayed compliance. Residents have also questioned high charges and unclear responsibility between flat owners and associations, highlighting gaps in implementation and coordination.Read more

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