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

Bombay High Court orders demolition of unsafe sections of South Mumbai building

25 Jan 2026

The Bombay High Court has ordered the demolition of unsafe and unauthorised portions of a 12 storey South Mumbai building after serious safety and planning violations were found. Residents had raised concerns over open ducts, meant for light and emergency access, being converted into rooms and commercial units. The court highlighted missing fire safety systems, unauthorised construction on the top floor, and incomplete Occupation Certificates. Authorities have been directed to issue eviction notices, remove illegal construction, and restore safety compliance to protect residents and public safety.Read more

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Commissioner reviews Navi Mumbai civic projects, service delivery and infrastructure priorities

25 Jan 2026

Navi Mumbai Municipal Commissioner Dr Kailas Shinde has undertaken a comprehensive, department-wise review of ongoing civic projects, public services and infrastructure works following the smooth conduct of the recent municipal elections. The review focused on the status of projects announced in the 2025-26 civic budget, faster utilisation of municipal assets, stricter action against encroachments and plastic usage, improved waste segregation at source, and stronger accountability in service delivery. Emphasis was also placed on road upgrades, environmental infrastructure such as electric and gas-based crematoria, and wider adoption of digital civic services to enhance citizen convenience and transparency.Read more

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Khata bifurcation freeze leaves Bengaluru property owners in limbo

25 Jan 2026

Property owners within the Greater Bengaluru Authority (GBA) limits are facing prolonged delays in accessing khata services, with khata bifurcation suspended for years and B-khata to A-khata conversions moving slowly. The issue has intensified after approval powers shifted from BDA to GBA, pending zoning amendments. Thousands of owners, especially those with ancestral, joint or subdivided properties, are unable to sell, build or secure loans. Even vacant plots remain without khata, adding to uncertainty. While applications have moved online, most lack required layout documents. GBA plans to generate these internally, a step that could unlock over INR 5,000 crore in revenue and ease the growing backlog for affected residents.Read more

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CAG pushes for stronger audits and capacity building in local governance

25 Jan 2026

The Comptroller and Auditor General of India has called for stronger institutional frameworks and capacity building for primary auditing institutions that audit local governments. The appeal was made at the conclusion of a national workshop for Directorates of Local Fund Audit and state audit departments. Discussions focused on challenges in local fund audits, use of technology and remote audits, standardisation of audit processes, and strengthening technical guidance. The outcomes will be taken up at an upcoming All-State Secretaries Workshop to improve audit systems and transparency at the local level.Read more

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Income Tax raids expose cash dealings at builder projects in Ahmedabad

Ahmedabad News Desk

24 Jan 2026

The Income Tax Department carried out searches on over 30 premises linked to two major builder groups in Ahmedabad after undercover checks revealed cash payments in property transactions. The operation involved more than 100 officials targeting corporate offices, construction sites, suppliers, and residences of promoters. Investigators seized documents, digital data, sales ledgers, and details of land and ongoing projects, while also seeking bank and locker records. This is the second significant enforcement in four months, reflecting continued scrutiny of unaccounted transactions in the real estate sector.Read more

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CRDA moves to merge village layouts to speed up Amaravati development

24 Jan 2026

The Capital Region Development Authority (CRDA) is planning a consolidated layout approach for returnable plots under Amaravati's Land Pooling Scheme (LPS) phase two. Unlike the first phase, where plots were developed village-wise, the new plan groups plots from multiple villages into one or two central layouts. This aims to reduce infrastructure costs, provide contiguous land for major projects such as an international airport and sports complex, and accelerate plot handovers for farmers. Officials have placed the proposal before the state government and are awaiting approval for the final layout structure.Read more

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UP government to probe land lease irregularities after citizen complaints

24 Jan 2026

Uttar Pradesh Chief Minister Shri Yogi Adityanath has directed officials to take strict action against irregularities in land lease allotments, warning that leases granted in exchange for money will not be tolerated. The instructions were issued during a Janata Darshan at the Gorakhnath Temple in Gorakhpur, where he heard grievances from around 200 citizens. The Chief Minister stressed transparency and fairness in land allocation, especially in cases involving the poor and marginalised, and ordered time-bound investigations to fix accountability. He also addressed issues related to crime control, welfare scheme delivery, healthcare access and financial support under the Mass Marriage Scheme, reinforcing the state's focus on responsive governance and clean land administration.Read more

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Supreme Court takes strict view on delays blocking completion of Unitech housing projects

23 Jan 2026

The Supreme Court has clearly stated that non-compliance with its earlier orders and administrative delays affecting Unitech Ltd's stalled housing projects will not be accepted. The court expressed concern that permissions and clearances required for construction are being delayed by authorities, impacting thousands of homebuyers. To ensure faster resolution, the court prioritised pending applications and reiterated earlier directions related to approvals, financial arrangements, and regulatory relaxations. The focus remains on removing hurdles that continue to slow down project completion across multiple states.Read more

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Mumbai civic body flags 662 construction sites for missing air quality monitors

Mumbai News Desk

23 Jan 2026

The Brihanmumbai Municipal Corporation (BMC) reported that 662 of the 1,954 active construction sites in Mumbai have not installed sensor based air quality monitors, violating pollution control norms and High Court directions. The civic body has issued 409 showcause notices and 284 stop work notices for breaches including uncovered construction materials, missing fogging machines, tyre washing units, perimeter sheets, and lack of green cover. BMC is actively coordinating with project authorities to make the monitors operational and integrate them with the city's central dashboard, emphasizing the need for strict compliance during seasonal pollution peaks.Read more

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Homebuyers’ body urges Budget interest subsidy for affordable and mid-income housing loans

23 Jan 2026

Homebuyers association Forum For People's Collective Efforts (FPCE) has urged the government to introduce an interest subsidy on home loans for buyers of affordable and mid-income housing in the upcoming Union Budget. The body argued that the real estate market has increasingly tilted towards luxury housing, leaving middle-class and first-time buyers with limited viable options. FPCE has proposed a buyer-centric subsidy framework, under which benefits would flow directly to eligible homebuyers rather than developers, and only if EMIs are serviced on time and promoters do not default. The association has also called for clear, uniform definitions of affordable and mid-segment housing, including price caps per sq ft, and incentives to promote housing development in semi-urban areas to reduce pressure on major cities.Read more

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