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

Indore demolishes 12 illegal houses, reclaims INR 30 crore government land in Khajrana

27 Apr 2026

The Indore district administration has demolished 12 illegally constructed houses in Khajrana, reclaiming government land valued at around INR 30 crore. The action, carried out earlier this week, covered approximately 30,000 sq ft of encroached land and forms part of an ongoing crackdown on unauthorised occupation of public land. The operation was executed under the direction of the district collector, with support from police and revenue officials to ensure smooth enforcement. Authorities indicated that similar drives will continue across the city to address land encroachments and deter illegal construction activity. The move reflects a broader administrative push to secure public land assets and strengthen regulatory enforcement in urban areas.Read more

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Allahabad HC stays UP housing land acquisition on compensation gap

27 Apr 2026

The Allahabad High Court has stayed land acquisition proceedings for multiple schemes of the Uttar Pradesh Awas Evam Vikas Parishad in Ayodhya, citing concerns over compensation disparities. The court intervened after petitions challenged the use of provisions under the 1965 Act, arguing that landowners would receive lower compensation compared to the Right to Fair Compensation and Transparency in Land Acquisition Act, 2013. A division bench directed authorities to maintain status quo and flagged the need to align benefits with more favourable legal provisions. The matter, involving 11 petitions, highlights ongoing legal scrutiny of land acquisition frameworks and their implications for housing schemes and landowners in Uttar Pradesh.Read more

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Vadodara JNNURM housing shows deterioration within 10–20 years, residents flag safety concerns

27 Apr 2026

Housing projects built under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in Vadodara are facing structural and maintenance-related deterioration, with residents reporting worsening living conditions across multiple sites. Constructed between the mid-2000s and early 2010s for economically weaker sections, over 21,000 units have been impacted by issues such as seepage, faulty drainage, and falling plaster. Concerns have intensified following incidents of structural damage, including one fatality linked to falling ceiling material. While the Vadodara Municipal Corporation (VMC) maintains that core structures remain safe, residents and activists have questioned construction quality and upkeep. The situation highlights ongoing challenges in the long-term sustainability and maintenance of public housing projects across Indian cities.Read more

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Telangana registers first land deal with survey map under Bhu Bharati rollout

27 Apr 2026

Telangana has completed its first land registration incorporating a verified survey map under the Bhu Bharati digital land management system, marking a shift towards map-linked property transactions. The milestone transaction took place in Khammam district as part of a pilot launched earlier this month across five mandals. The reform mandates the inclusion of survey maps and unique land identification numbers for all registrations, aimed at improving accuracy, transparency, and dispute resolution. By integrating land records, surveys, and registration services on a single platform, the state government is attempting to address long-standing issues associated with legacy systems. The initiative is expected to be scaled statewide following the pilot phase, with implications for land governance, real estate transactions, and investor confidence.Read more

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Residents of 31 Lal Dora villages in Delhi to get land ownership rights under SVAMITVA rollout

Delhi News Desk

27 Apr 2026

Residents in 31 villages in Delhi’s Lal Dora areas are set to receive ownership rights for residential land, enabling formal property recognition and access to institutional finance. The move, highlighted by a South Delhi MP, follows implementation of the SVAMITVA scheme with special approval despite the absence of a panchayat system in the capital. Drone-based mapping of these villages has been completed, and property cards are expected to be issued. The development is aimed at resolving long-standing land title ambiguities in village habitation zones and improving transaction transparency and credit access for residents.Read more

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Gurugram clears 6,500 structures in anti-encroachment drive

26 Apr 2026

Authorities in Gurugram have cleared over 6,500 unauthorised structures as part of a large-scale anti-encroachment drive across licensed colonies, aimed at restoring right-of-way and public spaces. The enforcement action follows directions linked to regulatory compliance after the Punjab and Haryana High Court’s intervention on construction norms. The drive targeted illegal extensions such as ramps, guard rooms, boundary walls and commercial encroachments across residential sectors. Officials indicated that prior notices were issued, but demolition was carried out where violations persisted. The campaign reflects a stricter enforcement approach to urban planning norms, with authorities seeking to improve road access, infrastructure usability and compliance in one of the NCR’s key real estate markets.Read more

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Pragya Nagar residents get property tax relief after demolition

26 Apr 2026

In a relief to residents of Pragya Nagar in Surat, the civic authority has exempted property tax for households whose homes were demolished as part of a redevelopment exercise. The decision followed complaints from nearly 700 affected families who had continued receiving tax bills despite vacating and losing their homes. The colony, built for economically weaker sections and housing around 3,000 residents, had been cleared due to structural concerns. While the tax waiver addresses an immediate financial burden, residents remain concerned over the absence of rental support and delays in redevelopment. The episode highlights gaps in municipal record updates and the need for better coordination during large-scale housing clearances, particularly in urban redevelopment projects.Read more

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NGT probes encroachments at Bhopal’s Shahpura Lake

26 Apr 2026

The National Green Tribunal has initiated an investigation into alleged encroachments and environmental degradation at Shahpura Lake in Bhopal, following a petition highlighting illegal construction, sewage discharge and obstruction of natural drainage. A joint committee comprising multiple government agencies has been tasked with inspecting the site and submitting findings within six weeks. The case underscores growing regulatory scrutiny over urban water bodies, where rapid development has led to violations of wetland norms. Authorities are expected to assess environmental damage, compliance gaps and necessary corrective measures, with the next hearing scheduled in the coming months.Read more

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BDA to roll out new apartment maintenance policy from next month, defines charges and handover norms

Bangalore News Desk

26 Apr 2026

The Bangalore Development Authority (BDA) is set to implement a structured maintenance policy for its apartment projects from next month, introducing clarity on service responsibilities, fee structures, and transition to resident bodies. The framework will initially apply to new projects while exploring inclusion of existing developments. It aims to standardise maintenance charges, currently pegged at around 1 per cent of flat cost, and define BDA’s role for one to two years before handing over to resident welfare associations. The move comes amid legal uncertainty over formation of associations, and is expected to streamline upkeep, fund collection, and accountability across BDA housing projects.Read more

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Telangana HC grants final week for govt reply in GHMC case

26 Apr 2026

The Telangana High Court has granted the state government a final one-week extension to file its response in petitions challenging the proposed merger of multiple urban local bodies into the Greater Hyderabad Municipal Corporation (GHMC). The case concerns amendments to municipal laws that aim to expand the jurisdiction of GHMC within the Outer Ring Road region. Petitioners have questioned the constitutional validity of the move, citing lack of public consultation and potential impact on governance and property rights. The court has indicated that no further extensions will be granted, signalling the matter is approaching a critical stage of judicial scrutiny.Read more

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