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

Vasant Vihar slum clearance ensues in Delhi under High Court directive

23 Jun 2023

Delhi saw the removal of a three-decade-old slum in Vasant Vihar last week, under the direction of the National Disaster Response Force (NDRF) and the Municipal Corporation of Delhi (MCD). This action was in compliance with a Delhi High Court ruling, allowing the construction of NDRF headquarters on the site. Meanwhile, an anti-encroachment operation was carried out near the Mata Guiri Devi Hospital in West Delhi, addressing obstructions by local vendors and shopkeepers. These enforcement actions underline the struggle to balance urban development with citizens' rights.Read more

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Digital transformation simplifies tenant verification process in Pune

23 Jun 2023

Pune residents will no longer need to visit police stations for tenant verifications, thanks to the state property registration department's new online system. Deputy Commissioner of Police, R Raja, confirmed that the online tenant verification system, stalled during Covid, will resume next month across Pune's 32 police stations. The streamlined process, expected to boost registration and offer home-based police verification, aims to enhance convenience for tenants and owners alike, marking a significant step in Pune's digital transformation journey.Read more

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Chandigarh adopts Green Building Code, aims to slash commercial energy consumption

23 Jun 2023

Chandigarh Union Territory (UT) has unveiled its proactive green initiative - the Chandigarh Energy Conservation Building Code (CHECBC) 2023 and Chandigarh CBC Rule 2023. Aimed at commercial structures, the new regulations will reduce energy costs and CO2 emissions. Commercial buildings, which account for over 30% of the city's total power consumption, will now need to be more energy efficient. This move illustrates Chandigarh's firm commitment towards a more sustainable future, setting an example in the face of increasing ecological challenges.Read more

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Tamil Nadu introduces Star 3.0 Software for rapid property registrations

23 Jun 2023

Tamil Nadu's Commercial Tax and Registration Minister, P Moorthy, has announced the forthcoming launch of the Star 3.0 software to revolutionize property registrations. The software will digitize all registry transactions, reducing registration times to around 15 minutes, and eliminating the need for cash payments. Moorthy reassured citizens that any issues could be reported directly to the department's top officials. The new technology is expected to increase efficiency, transparency, and public trust in the system.Read more

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Nagpur's Construction and Demolition Waste Management Struggles

22 Jun 2023

Nagpur Municipal Corporation (NMC) in India has been facing significant challenges in managing the collection, transportation, and recycling of construction and demolition (C&D) waste. Despite appointing operators and issuing guidelines, the NMC has experienced delays and operational issues. The accumulation of C&D waste on major roads and residential areas has become a pressing concern, prompting the introduction of fines for polluters. The NMC aims to improve waste management by establishing a helpline for waste collection and implementing charges for bulk waste generators. However, the delays in operationalizing recycling plants and lack of action against the operators have hindered effective waste management in Nagpur.Read more

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Kokapet Lake faces pollution and shrinkage due to construction activities

22 Jun 2023

Kokapet Lake, once a pristine waterbody, has suffered from pollution and shrinkage as a result of rapid construction activities in the surrounding area. The lake has become cluttered with debris, solid waste, and algae, and its size has significantly reduced. The lack of a proper sewage system and flawed masterplan on the hydrology of the lake are contributing factors. Local residents are concerned about the government land auction in Kokapet, which may worsen the situation. Experts warn of the potential for urban flooding and emphasize the need for measures such as a Sewage Treatment Plant to address the issue of sewage pollution.Read more

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Indore region witnesses surge in real estate market, double-digit growth recorded

22 Jun 2023

The real estate market in the Indore region, inclusive of Shajapur, Dhar, Ujjain, and Dewas, is booming, recording double-digit growth since the start of the current financial year. With surging demand for commercial and residential properties, the region has registered revenues of Rs 725 crore, up 13% year-on-year. Market expansion is fueled by the inflow of IT companies, industrial area growth, and the Delhi-Mumbai Expressway. Experts predict a sustainable, robust future growth, indicating a promising trend for investors and home buyers alike.Read more

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NGT forms committee to probe industries in Faridabad's residential areas

22 Jun 2023

The National Green Tribunal (NGT) has formed a joint committee to investigate the presence of industries in residential areas of Faridabad and assess their legality. The committee comprises officials from the district administration, Haryana State Pollution Control Board (HSPCB), and Central Pollution Control Board (CPCB). The NGT's decision follows a petition highlighting pollution caused by industries in residential areas. The committee's mandate is to evaluate compliance with consent to operate (CTO) conditions and submit a factual report within two months.Read more

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NMC takes drastic measures to address dilapidated wadas

21 Jun 2023

In response to the discovery of numerous dilapidated wadas in the city, the Nashik Municipal Corporation (NMC) has embarked on a mission to ensure public safety before the impending monsoon season. Following a comprehensive survey, fresh notices have been served to occupants of these vulnerable structures, urging them to vacate. However, the NMC is prepared to take severe actions if necessary. The water and electricity supplies will be cut off for non-compliant occupants, and in extreme cases, the local police will be involved in forcibly evicting those who refuse to cooperate. The NMC prioritizes public safety and aims to avert potential mishaps during the upcoming monsoon.Read more

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Project-affected Persons to get Rs 25-40 lakh from BMC instead of 300 sq ft homes

21 Jun 2023

The Brihanmumbai Municipal Corporation (BMC) in Mumbai, India, has introduced a compensation plan for residents whose homes need to be demolished for infrastructure projects. The compensation ranges from Rs 25 lakh to Rs 40 lakh ($34,000 to $54,000) and will be provided in lieu of tenements to eligible individuals, primarily slum dwellers. This decision comes as the generation of rehabilitation tenements has been inadequate. The policy was approved in 2021, and recently, the first approval was granted to a BJP MLA for compensating slum dwellers affected by the Magathane-Goregaon road project.Read more

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