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

Legalisation of over 450 unauthorised colonies in Indore faces regulatory hurdles amid land-use disputes and compliance gaps

15 Apr 2026

Efforts to regularise more than 450 unauthorised colonies in Indore have encountered significant administrative and regulatory challenges, with multiple government departments raising objections during the review process. While the Indore Municipal Corporation (IMC) has previously legalised over 200 colonies in earlier phases, the remaining settlements face issues related to land ownership, zoning restrictions, and lack of mandatory approvals. A substantial number of these colonies are situated on land falling under urban land ceiling provisions, green belts, or areas controlled by agencies such as the Indore Development Authority and Housing Board, making them ineligible under existing policy. The absence of approved layouts and pending development charges has further slowed progress, leaving residents without access to formal infrastructure, institutional finance, and civic services.Read more

cover photo

Goa approves conversion of over 18,000 sq m land to settlement zones in Bardez under Section 39A

15 Apr 2026

The Goa government has approved the conversion of more than 18,000 sq m of land in Bardez taluka into settlement zones under provisions of the Town and Country Planning (TCP) Act. The approvals, granted in the recent past, form part of a broader set of applications processed under Section 39A, which allows changes to zoning classifications in the Regional Plan. The move reflects continued demand for land-use changes in North Goa, particularly in areas witnessing residential and tourism-led development. Bardez remains among the leading talukas in such applications, with multiple proposals involving agricultural and other land categories. The approvals come amid wider scrutiny of zoning changes and their implications for planning controls, environmental considerations, and urban expansion in the state.Read more

cover photo

Telangana building approval revenue records marginal growth after civic body merger despite higher permit volumes

15 Apr 2026

Building approval revenue in Telangana's expanded urban region recorded only a modest increase following the merger and restructuring of municipalities into larger civic bodies. Data presented in the past week showed that revenues rose to INR 1,172 crore in 2025-26, compared to INR 1,138 crore in the previous year, despite a significant volume of 15,536 building permissions issued. The restructuring created three corporations Greater Hyderabad, Cyberabad, and Malkajgiri within the Core Urban Region. A majority of approvals were processed through instant clearance systems, primarily for smaller residential developments. The data indicates that while administrative integration has expanded jurisdiction and activity, revenue growth has remained constrained, reflecting structural changes in approval authority and shifting development patterns.Read more

cover photo

ED conducts searches at Earth Infrastructures-linked premises, seizes assets exceeding INR 100 crore amid homebuyer fraud probe

15 Apr 2026

The Directorate of Enforcement (ED) carried out search operations across Delhi and Gurugram in the past week in connection with a money laundering investigation involving Earth Infrastructures Ltd. and its group entities. The action, linked to multiple FIRs and a corporate fraud complaint, led to the seizure of cash, jewellery, bullion, luxury watches and property documents tied to more than 100 immovable assets, including suspected benami holdings. The probe centres on allegations that the developer mobilised over INR 2,024 crore from more than 19,000 homebuyers across several projects in Delhi-NCR and other cities, without delivering possession. Investigations indicate diversion of funds through associated companies and personal transactions, while insolvency proceedings had previously been initiated following buyer complaints over delayed or incomplete projects.Read more

cover photo

Supreme Court orders nationwide survey of commercial misuse in residential areas, seeks affidavits from civic bodies

15 Apr 2026

The Supreme Court has directed municipal bodies across all state and Union Territory capitals to conduct a nationwide survey of residential areas being used for commercial purposes without authorisation. The order, issued in the past week, requires civic authorities to identify violations of zoning and building norms and submit detailed affidavits within a stipulated timeline. The directive follows concerns over widespread conversion of residential properties into commercial establishments, affecting urban planning, infrastructure and quality of life. The court has emphasised strict enforcement of land-use regulations and accountability of local authorities. The exercise is expected to lead to identification of violations at scale and may trigger enforcement actions, including sealing or penalties, in non-compliant cases.Read more

cover photo

Ghaziabad links plot approvals to mandatory tree plantation with refundable deposits under revised green norms

Ghaziabad News Desk

15 Apr 2026

The Ghaziabad Development Authority (GDA) has introduced mandatory tree plantation norms linked to plot approvals, requiring developers and landowners to earmark green areas and deposit security amounts to ensure compliance. The rules, implemented recently, specify minimum plantation requirements based on plot size across residential, commercial, and institutional developments. Deposits ranging from INR 5,000 for smaller residential plots to INR 2 lakh for institutional uses will be refunded upon verification of plantation. The measure responds to declining green cover and high pollution levels in the city, where rapid infrastructure expansion has led to large-scale tree loss. Authorities aim to integrate environmental safeguards into urban planning by embedding plantation obligations within the approval process.Read more

cover photo

Jharkhand RERA imposes INR 83.5 lakh penalty on 77 builders for failure to submit project progress reports

15 Apr 2026

The Jharkhand Real Estate Regulatory Authority (JRERA) has imposed penalties totalling INR 83.5 lakh on 77 builders for failing to submit mandatory quarterly progress reports and ignoring regulatory summons. The action, taken in the past week, forms part of an enforcement drive aimed at improving compliance and transparency in registered real estate projects across the state. Notices had initially been issued to 106 developers, with penalties calculated at INR 25,000 per delayed quarter. The authority has warned of further action, including freezing of bank accounts, in case of non-payment. The move comes amid wider compliance concerns, with more than half of the state's registered projects reportedly not filing required updates, highlighting gaps in regulatory adherence under the Real Estate (Regulation and Development) Act framework.Read more

cover photo

Delhi High Court permits demolition drive in Shalimar Bagh for road widening, sets deadline for occupants to vacate

Delhi News Desk

15 Apr 2026

The Delhi High Court has allowed authorities to proceed with a demolition drive in Shalimar Bagh to facilitate road widening, prioritising public infrastructure over private occupation claims. The order, issued in the past week, grants residents time until the end of May to vacate the affected area. The case relates to encroachments on public land earmarked for expansion of Road No. 320, with the court observing that improved connectivity and access for emergency services outweigh individual claims. The ruling follows a petition by occupants seeking protection from eviction. Authorities have been directed to carry out the process in a structured manner, with consideration for relocation timelines, while ensuring that the project proceeds without further obstruction.Read more

cover photo

Ghaziabad mandates tree plantation for layout approvals, linking compliance to project size and deposits

Ghaziabad News Desk

14 Apr 2026

The Ghaziabad Development Authority (GDA) has introduced a regulatory requirement mandating tree plantation as a precondition for granting layout plan approvals across residential, commercial and industrial developments. The rule, implemented earlier this month, requires developers and landowners to earmark space for plantation within submitted plans and undertake planting in proportion to project size. The policy also introduces refundable security deposits to ensure compliance, alongside documentation such as photographic evidence. The move is aimed at addressing declining green cover amid rapid urbanisation and infrastructure expansion in the city. Additional provisions cover plantation ratios for different land uses and requirements for green space allocation in institutional developments, forming part of a broader effort to integrate environmental considerations into urban planning approvals.Read more

cover photo

Mumbai civic body plans AI-driven system to streamline real estate approvals and reduce processing timelines

Mumbai News Desk

14 Apr 2026

The Municipal Corporation of Greater Mumbai (MCGM) is preparing to introduce an artificial intelligence-based system to modernise real estate approval processes and reduce administrative delays. The initiative, outlined recently, aims to automate key stages of project clearances, minimise manual intervention and improve transparency in decision-making. The proposed framework will use data-driven tools to expedite compliance checks and standardise approval procedures, addressing long-standing concerns over delays in construction permissions. The move forms part of Mumbai's broader push towards digital governance and ease of doing business in the real estate sector. By improving turnaround times and procedural clarity, the system is expected to support developers, enhance regulatory efficiency and strengthen the city's investment environment.Read more

cover photo