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%

Top Stories

Chennai authorities prepare to dismantle 400 unlawful settlements along Adyar River

13 Jul 2023

Approximately 400 unauthorised dwellings along the Adyar River are due for demolition after the inhabitants refused to participate in a biometric verification process. The Chennai Corporation, the Tamil Nadu Urban Habitat Development Board (TNUHDB), and Revenue Authorities issued a one-week eviction notice, and plan to relocate residents to newly built TNUHD residences. The move, taken to safeguard the health of the Adyar River, signals the authorities' stern stance against illegal encroachments.Read more

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GLADA's inaction leaves residents in limbo as illegal colonies remain unaddressed

12 Jul 2023

The Greater Ludhiana Area Development Authority (GLADA) has come under scrutiny for its failure to take action against developers who have not regularized their illegal colonies, causing distress among residents. Despite the identification of a large number of illegal colonies within GLADA's jurisdiction prior to the implementation of a regularization policy in 2018, little has changed for the inhabitants. However, sources indicate that developers who previously applied under the policy may soon have a final opportunity to rectify their documentation shortcomings and obtain a No Objection Certificate (NOC) for their colonies.Read more

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RLDA seeks bids for leasing Dibrugarh railway land

12 Jul 2023

The RLDA has invited bids for leasing out a prime land parcel in Naliapool Railway Colony, Dibrugarh. Spanning 36,458.18 sq. m, the land holds immense potential for residential and commercial development. With its strategic location in the heart of the city and excellent connectivity, the site is attracting the interest of local and national-level developers. The deadline for e-bid submissions is July 26, 2023. Dibrugarh, known for its tea gardens, offers a thriving tea industry and robust local transport facilities. RLDA aims to unlock the region's true potential and stimulate economic growth through this venture.Read more

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Dilapidated building endangers 941 students at Govandi School

12 Jul 2023

Due to breaches in the walls brought on by a nearby construction project, the Amarnath High School building in Govandi, Mumbai, is degrading and putting the lives of its 941 students in peril. Six classrooms have been closed by the administration of the school, while the pupils are still in danger in the open ones. Since the school's request for a neighbouring building from the Brihanmumbai Municipal Corporation (BMC) was declined, rehabilitation cannot begin without moving the school. To identify a solution that guarantees the safety of the pupils and averts similar circumstances in the future, the BMC must collaborate with the school administration.Read more

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Ingka Centres unveils Lykli, a retail social & entertainment destination

11 Jul 2023

The introduction of Lykli, a new brand from Ingka Centres, a major operator in commercial real estate, has been announced. Lykli seeks to transform the retail sector by developing cutting-edge gathering spaces. The first Lykli meeting place, which will be anchored by IKEA and will open in late 2025 in Gurugram, New Delhi, will have a vibrant mix of restaurants, entertainment, top-rate office space, national and international retail brands, and areas for hosting community activities. Lykli Gurugram wants to create a sense of neighbourhood while giving people's health top priority, and leading the way in environmentally friendly mixed-use developments.Read more

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Delhi government proposes fine for properties lacking functional RWH

11 Jul 2023

The Aam Aadmi Party (AAP) government in the national capital recently presented a report to the National Green Tribunal (NGT), suggesting an increase of 50 percent in penalties for non-residential units. The report highlights the need for stricter measures to enforce environmental regulations. According to the AAP government, this higher penalty would serve as a deterrent and encourage non-residential units to comply with the prescribed norms. The proposal aims to ensure greater accountability and adherence to environmental standards in commercial and industrial establishments.Read more

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MCD set to launch largest C&D Waste Plant at Burari next month

11 Jul 2023

The Municipal Corporation of Delhi (MCD) has initiated trial runs for its largest construction and demolition (C&D) waste plant located in Burari. With a daily processing capacity of 2,000 tonnes, the plant is expected to be fully operational next month. It aims to meet the waste disposal requirements of government agency sites and local residents in six zones, including Civil Lines, Paharganj, and Karol Bagh. Government agencies can deposit waste after paying processing fees, while private players will be charged for transport and processing from their homes.Read more

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Godrej Interio secures interior and MEP contract for Cochin Airport’s Heritage Terminal

10 Jul 2023

Godrej Interio, the furniture solutions arm of Godrej & Boyce, has clinched the interior and MEP contract for Terminal 2's transit accommodation at Cochin International Airport. This development marks the third collaborative venture with Cochin International Airport Limited (CIAL) since 2015. Spread over 55,000 sq ft, the project includes a range of services, from civil finishes to fire protection. The revamped transit accommodation space is set to be unveiled to the public in 2024. This partnership reaffirms Godrej Interio's commitment to infrastructure development, underlining its contribution to India's economic growth.Read more

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Rajasthan Mining Department plans auction of 100 hectare sand mining blocks

10 Jul 2023

To enhance the supply of sand and stop illicit mining, the mining department in Rajasthan proposes to auction 100-hectare sand mining blocks in each district. After locating the blocks, the mining department is responsible for creating a detailed project report (DPR). The survey will be finished in four months. In order to control the business, guarantee legal compliance, and stop unlawful activities that present environmental and economic issues while meeting Rajasthan's demand for sand resources, it has been decided to auction off mining blocks in each district.Read more

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Residents evacuated after floor collapse in Mumbai residential building

10 Jul 2023

In a late-night incident in Mumbai's Malad West, nearly 20 families were evacuated from a building after a floor in one of the flats collapsed, resulting in two injuries. The affected flat was located on the fourth floor of Navjivan Cooperative Housing Society's C wing in Evershine Nagar. Following an inspection by BMC officials, the residents were asked to immediately vacate the premises due to safety concerns. The injured individuals are reported to be in stable condition. The building's redevelopment is underway, with plans to demolish it if necessary.Read more

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