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

Allahabad High Court upholds RERA orders, strengthening buyers’ rights in Gaur City Centre dispute

31 Jan 2026

The Lucknow bench of the Allahabad High Court has dismissed four appeals by Gaursons Hi-Tech Infrastructure challenging decisions by the Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) and the Real Estate Appellate Tribunal (REAT) in a dispute over delayed possession of commercial units at the Gaur City Centre project in Greater Noida West. The court refused to condone delays in filing by the developer, citing a lack of reasonable diligence and unsatisfactory explanations, and upheld the earlier directives in favour of shop buyers. The RERA orders require the developer to complete construction, obtain occupancy certificates, hand over possession, execute sale deeds and pay interest for delayed delivery. With the high court declining to interfere, the RERA directives have attained finality, clearing the way for buyers to pursue execution of relief orders and reinforcing the regulatory framework intended to protect purchaser interests.Read more

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Andhra Pradesh reduces registration costs for middle-income group plots under 60-40 model

31 Jan 2026

The Andhra Pradesh government has introduced a revised registration framework for middle-income group (MIG) plots developed under its Dr NTR Smart Township scheme, aimed at lowering the cost burden on buyers. Under the new 60-40 model, 60 per cent of a plot's value is treated as the base sale price and 40 per cent as development charges for the purpose of registration, significantly reducing overall stamp duty and registration fees. The split allows authorities to apply a higher fee on the base sale component and a nominal rate on development charges, leading to potential savings of roughly INR 60,000 to INR 1 lakh for individual buyers. The revised process, announced last year, has now been implemented at registration offices, enabling thousands of plot allottees across the state to benefit.Read more

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Nashik delivers over 75,000 rural homes to beneficiaries on Republic Day

31 Jan 2026

Nashik district handed over more than 75,000 newly built houses to rural beneficiaries on Republic Day, marking a significant milestone in government housing initiatives. Approximately 51,000 houses were built under the Pradhan Mantri Awas Yojana (Rural), while around 24,000 were delivered through various state housing schemes. Beneficiaries included families from Scheduled Castes and Tribes, low income groups, widows, and persons with disabilities. The district administration coordinated with Panchayati Raj institutions, gram panchayats, and local officials to ensure timely completion, payment, and handover of homes, advancing the goal of & housing for all.Read more

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Navi Mumbai civic body moves into action mode, seals three commercial properties over property tax arrears

31 Jan 2026

The Navi Mumbai Municipal Corporation (NMMC) has intensified its property tax recovery drive, initiating strict enforcement action against defaulters by sealing three commercial properties in Nerul earlier this week. The action forms part of a citywide campaign aimed at accelerating tax collections and addressing long-pending arrears. Civic officials said the crackdown follows repeated appeals and notices issued to property owners who failed to clear outstanding dues. Acting under the directions of Municipal Commissioner and Administrator Dr Kailas Shinde, the civic administration has adopted a zero-tolerance approach, signalling that no concessions will be extended to chronic defaulters. The corporation has constituted dedicated attachment teams across ward offices and indicated that the drive will be expanded across Navi Mumbai, with direct sealing and seizure of properties wherever dues remain unpaid.Read more

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Karnataka RERA imposes INR 25,000 quarterly penalty on builders for late project updates

31 Jan 2026

Karnataka Real Estate Regulatory Authority (K-RERA) will charge developers INR 25,000 per quarter for failing to submit Quarterly Progress Reports (QPRs) for registered projects in the financial year 2025-26. Promoters have a final opportunity to file overdue QPRs for the first three quarters without penalty until February 20, 2026, after which recovery actions will start. Builders suggested that fines should remain proportionate, while homebuyer groups welcomed stricter enforcement to ensure project transparency. Past lapses in filing prompted this renewed focus on accountability and timely updates.Read more

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Delhi Development Authority to host first Green Expo focused on sustainable and climate-resilient urban development

31 Jan 2026

The Delhi Development Authority (DDA) is set to organise its first-ever Green Expo on 14-15 February 2026 at Baansera Park, New Delhi, positioning the event as a national platform for sustainable urban development. Anchored in the recent rejuvenation of the Yamuna floodplains through projects such as Asita, Baansera and Yamuna Vatika, the Expo will focus on urban greening, nature-based solutions and climate-first planning. The two-day event is expected to bring together policymakers, international experts, urban practitioners and industry stakeholders to showcase innovations in green infrastructure and sustainable city ecosystems. Through exhibitions, expert sessions and collaborations, the Expo aims to promote scalable and replicable solutions for cities grappling with climate, water and environmental challenges, reinforcing DDA's long-term vision for environmentally responsible urban growth.Read more

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Rohtas Project properties worth INR 158.85 crore attached in Lucknow money laundering case

30 Jan 2026

The Enforcement Directorate (ED) in Lucknow has provisionally attached 75 immovable and two movable properties linked to Rohtas Project Limited and associated entities, valued at INR 158.85 crore with a combined market value exceeding INR 350 crore. The assets, primarily in Lucknow, were registered under promoter Deepak Rastogi, group associates, certain benamidars, and associated firms. Investigations revealed that customer funds from township schemes were diverted to acquire these properties instead of being used for project development or refunds. The ED continues to probe for further asset recovery and legal action.Read more

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Mira-Bhayander flyover lane reduction sparks safety debate, MMRDA says design is intentional

30 Jan 2026

A new double decker flyover in Mira-Bhayander near Mumbai has drawn public attention after a viral post showed a section where the road appears to reduce from four lanes to two, raising safety concerns. The Mumbai Metropolitan Region Development Authority (MMRDA) clarified that the lane transition is a planned engineering decision due to right-of-way limits and future expansion plans. Activists and legal experts have questioned the safety and accountability of the design, citing past bridge failures and contractor issues. Officials insist the flyover includes safety features and provisions for widening.Read more

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Delhi real estate tribunal asks RERA to clear builder registrations within set timelines

Delhi News Desk

30 Jan 2026

The Delhi Real Estate Appellate Tribunal has directed the Real Estate Regulatory Authority to adhere strictly to statutory timelines while processing builder registration applications. The tribunal observed that prolonged delays in granting or rejecting registrations can create room for misconduct and weaken confidence in the regulatory framework. The direction followed a case involving the Delhi Development Authority, which faced a financial penalty due to delayed project registration. The order clarifies the scope of deemed registration under the RERA Act and reiterates the authority's responsibility to act within 30 days.Read more

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Bombay High Court orders Nagpur civic body to remove unauthorised constructions near Vidhan Bhavan

Nagpur News Desk

29 Jan 2026

The Nagpur bench of the Bombay High Court has directed the Nagpur Municipal Corporation (NMC) to act against unauthorised construction in two major buildings, including one opposite Vidhan Bhavan and another in Sadar. The court criticised over a decade of inaction and emphasised the seriousness of the violations. Demolition notices have been issued, giving owners a 15-day window to comply, failing which NMC will demolish the structures and recover costs. Past irregularities date back to 2004, with concerns over safety and proximity to sensitive establishments highlighted by petitioners.Read more

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