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

Gurugram begins demolition drive against illegal housing extensions

Gurugram News Desk

25 Apr 2026

In Gurugram, authorities initiated a large-scale demolition drive targeting unauthorised housing extensions across licensed residential colonies, following judicial intervention. The action came after the Punjab and Haryana High Court stayed the stilt-plus-four construction policy, citing infrastructure stress and encroachments. Enforcement teams removed hundreds of illegal structures, including guard rooms, ramps, kiosks and boundary walls obstructing public spaces. The exercise forms part of a phased compliance programme aimed at restoring right-of-way access, strengthening planning norms, and addressing misuse of residential layouts. Officials indicated that the drive would continue across multiple sectors, with further action planned against violations linked to stilt parking misuse and unauthorised commercial activity within housing colonies.Read more

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Andhra Pradesh pushes LRS approvals ahead of April deadline

25 Apr 2026

The Andhra Pradesh government has directed urban local bodies to expedite approvals under the Layout Regularisation Scheme (LRS) ahead of the upcoming deadline later this week. Officials have been instructed to clear all eligible applications without delay, as the state aims to bring unauthorised layouts into the formal planning framework while boosting revenue mobilisation. The scheme has received over 61,000 applications, reflecting strong demand from plot owners seeking legal status for their properties. Authorities have warned that delays in processing could invite accountability, signalling a stricter administrative approach in the final phase. Unregularised plots may face restrictions on registrations, building permissions and access to financing.Read more

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MDDA rejects Dehradun project near IMA over security lapse

25 Apr 2026

The Mussoorie Dehradun Development Authority rejected a proposed commercial project near the Indian Military Academy following failure to secure mandatory security clearance from defence authorities. The developer was unable to obtain a no-objection certificate (NOC) despite being granted time to comply, leading to the cancellation of the building permit. The project site falls within a high-security zone governed by strict defence regulations that restrict construction near military establishments. The decision underscores tightening enforcement of compliance norms for developments in sensitive areas and signals heightened scrutiny of projects lacking required approvals, particularly those located close to critical national infrastructure and defence installations.Read more

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MCD readies SWAGAM portal for unauthorised colonies regularisation

25 Apr 2026

The Municipal Corporation of Delhi is preparing to launch the SWAGAM portal to enable regularisation of 1,511 unauthorised colonies, marking a significant step in formalising property ownership across the national capital. The platform, which has undergone demo testing, will allow eligible residents—particularly those with ownership rights under the PM-UDAY scheme—to submit applications digitally. Backed by ongoing drone and GIS surveys, the initiative aims to map properties, streamline approvals, and simplify compliance through a user-friendly interface. The move is expected to unlock redevelopment potential, improve access to civic infrastructure, and bring clarity to long-pending ownership and planning issues affecting thousands of households.Read more

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Amaravati authority pushes for fast-track completion of key road junction works

25 Apr 2026

The Amaravati Development Corporation has directed officials to expedite development works at the N-4 and E-3 road junction near Venkatapalem, a key entry point to the capital region. With rising traffic congestion, the authority has prioritised road surfacing, junction upgrades and safety improvements. Coordination with the National Highways Authority of India has also been emphasised for ongoing works near major bypass crossings. Additional focus has been placed on water diversion and infrastructure readiness around key stretches, indicating a broader push to improve connectivity and support the capital city’s ongoing development.Read more

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Noida Authority approves installation of noise barriers on elevated road to curb residential sound pollution

Noida News Desk

24 Apr 2026

The Noida Authority has approved the installation of noise barriers along a key elevated road to address rising sound pollution affecting nearby residential areas. The decision follows persistent complaints from residents over high traffic noise levels on the corridor. The intervention is part of a broader urban infrastructure response to environmental concerns linked to high-capacity road networks. The project will involve installation of acoustic panels along the stretch, aimed at improving liveability in adjoining neighbourhoods while maintaining traffic efficiency on one of the city’s busiest elevated corridors.Read more

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BMC seeks 27,967 sq m land for Worli STP expansion

24 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has approached the Maharashtra government to acquire 27,967 sq m of land to support the expansion of the Worli sewage treatment plant. The move comes as part of the city’s broader infrastructure upgrade to improve wastewater treatment capacity and meet tightening environmental standards. With rising population density and increasing sewage generation, the proposed land addition is expected to strengthen operational efficiency and support long-term urban sustainability goals.Read more

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CII proposes GST-like national council to streamline industrial land disputes

24 Apr 2026

The Confederation of Indian Industry has suggested setting up a National Industrial Land Council on the lines of the GST framework to streamline industrial land governance in India. The proposal focuses on faster dispute resolution, uniform rules across states, and improved coordination between authorities. It also recommends a GIS-enabled national land bank, digital single-window clearance system, and standardised stamp duty structure. The aim is to reduce delays, improve transparency in land availability, and support quicker industrial investment decisions through a more structured and centralised approach.Read more

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Maharashtra clears INR 18,130 crore Metro 5A on urban connectivity push

24 Apr 2026

The Maharashtra government has approved Mumbai Metro Line 5A (Phases I and II) with an investment of INR 18,130.55 crore, alongside borrowing for three expressway projects in Vidarbha and infrastructure works for the 2027 Nashik–Trimbakeshwar Kumbh Mela. The 34.21-km Metro corridor will connect Kapurbawdi, Bhiwandi, Kalyan and Ulhasnagar through 19 stations, aiming to improve regional connectivity and reduce travel time. The state has also cleared land acquisition funding for key expressways, including Nagpur–Gondia, Bhandara–Gadchiroli and Nagpur–Chandrapur corridors. Additionally, INR 1,063 crore has been approved for Phase II works related to Kumbh Mela infrastructure. The decisions reflect a broader push towards transport connectivity, urban mobility and large-scale infrastructure development across Maharashtra.Read more

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BMC orders restoration of Worli site over CRZ violation

24 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has directed an NGO to restore a Worli site to its original condition after unauthorised construction was carried out within a Coastal Regulation Zone (CRZ). The action follows violations linked to a beautification project undertaken without mandatory clearances. The civic body highlighted that prior approvals are compulsory under CRZ norms, and no post-facto permissions are allowed, reinforcing regulatory scrutiny over coastal developments.Read more

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