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

Jaipur developer alleges unauthorised changes to land ownership records by JDA officials

30 Dec 2025

A Jaipur-based real estate developer has accused officials of the Jaipur Development Authority (JDA) of illegally altering ownership records of land it claims to have lawfully acquired over two decades ago. The company alleges that an unauthorised document was created without its consent and later used to divide the land and modify official records. The developer has sought criminal and departmental action against those involved and restoration of original records. JDA officials have said the complaint will be reviewed at the zonal level and action will follow as per procedure.Read more

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Gurugram authority probes unauthorised commercial subdivision on MG Road

30 Dec 2025

The Department of Town and Country Planning in Gurugram has initiated enforcement action against Sewa Corporate Park on MG Road for alleged unauthorised subdivision and sale of commercial units. Officials said the project had approvals for change of land use and occupation but was later split into shops and offices without the mandatory licence under state planning laws. A show-cause notice has been issued, and registrations of further sale deeds have been halted. Authorities are reviewing executed sale deeds to assess the extent of violations, while the municipal corporation may take separate action for breach of land-use conditions. The move reflects stricter enforcement to curb unauthorised commercial development and safeguard buyer interests.Read more

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MPCB orders stop work at RMC plant at Metro project site over pollution violations

29 Dec 2025

The Maharashtra Pollution Control Board recently issued a closure notice to a ready mix concrete (RMC) plant operating at the Mandale Metro project in Mankhurd for violating air pollution control norms. This follows a similar stop work notice earlier issued at an RMC plant managed by J Kumar Infraprojects at the Metro Line 2B site in Bandra Kurla Complex. Inspections across Mumbai and Navi Mumbai have led to fines totaling INR 1.87 crore and closure notices for multiple plants. Authorities have intensified enforcement to ensure construction sites comply with pollution mitigation measures and safeguard air quality.Read more

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Delhi Police uncover fake luxury property sale scam worth INR 12.04 crore in Gurugram

29 Dec 2025

Delhi Police's Crime Branch has busted an organised property fraud syndicate that duped a woman of INR 12.04 crore through a fake sale of a luxury apartment at DLF Camellias in Gurugram. Five accused have been arrested for using forged bank auction documents to falsely claim ownership of the property. Investigations revealed that the defrauded amount was routed through multiple bank accounts to conceal transactions. Police believe the group has carried out similar scams across states, with total fraud proceeds estimated to exceed INR 200 crore.Read more

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NBCC secures 21-acre Ghitorni land after settlement with Delhi government

29 Dec 2025

State-owned NBCC has reached a settlement with the Delhi government to resolve a long-pending land dispute, under which it will receive a 21.23-acre land parcel in Ghitorni, south Delhi. The land forms part of a larger 42.46-acre site that will be equally divided between NBCC and the state government. NBCC plans to develop a mixed-use real estate project on its share, with estimated revenue of around INR 8,500 crore. As part of the settlement, the company will pay a total of INR 220 crore to the Delhi government, including land premium, interest and arrears of ground rent. The settlement is to be submitted before the Delhi High Court.Read more

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NMMC issues notice to CIDCO over SOP violations at mass housing project sites in Navi Mumbai

29 Dec 2025

The Navi Mumbai Municipal Corporation has issued a notice to CIDCO regarding lapses in the implementation of prescribed pollution control measures at ongoing mass housing project sites within its jurisdiction. The civic body has emphasised strict compliance with the standard operating procedures related to air and noise pollution at construction sites to maintain air quality across the city. During recent inspections, violations were observed at CIDCO-led housing project sites near Juinagar railway station in Sanpada and in Vashi. The corporation has directed CIDCO to implement corrective measures and submit a compliance report within a stipulated timeframe, failing which action, including construction stoppage, may be initiated as per regulations.Read more

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NCLT clears Ambuja Neotia plan to revive stalled Usshar housing project in Kolkata

29 Dec 2025

The National Company Law Tribunal has approved a resolution plan submitted by Ambuja Housing and Urban Infrastructure Company Ltd to take over and complete the long-stalled Usshar residential project at Batanagar near Kolkata. The approval enables a parcel-wise resolution of the debt-laden Riverbank Developers Private Ltd, the original promoter of the larger Calcutta Riverside township. Under the plan, the Ambuja Neotia Group subsidiary will acquire the 9.4-acre Usshar parcel for an upfront payment of INR 34 crore and complete the remaining construction. The move is expected to bring relief to homebuyers who have faced prolonged uncertainty and allow the project to progress independently of broader liabilities.Read more

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High Court restricts HSVP from charging higher plot rates from land oustees

29 Dec 2025

The Punjab and Haryana High Court has ruled in favour of land oustees, holding that the Haryana Shehri Vikas Pradhikaran (HSVP) cannot demand current reserve prices for residential plots when allotment delays were caused by the authority itself. The court found that applicants who responded to a 2018 notice and waited several years for allotment cannot be burdened with sharply increased 2025-26 rates. It set aside inflated pricing, strict payment terms, and excessive interest, and ordered HSVP to charge rates applicable at the time of application.Read more

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Bombay High Court directs action to curb Kanjurmarg dump pollution with IIT Bombay support

29 Dec 2025

The Bombay High Court has asked the Maharashtra government to provide a detailed plan to address pollution and odour from the Kanjurmarg dumping ground. Authorities have been instructed to seek technical guidance from IIT Bombay to make the measures more effective. Residents have long complained about the foul smell and gas emissions affecting health and daily life. The court emphasized a 24x7 grievance system and timely complaint resolution. A special committee is expected to submit practical steps to reduce pollution, making accountability and swift action a priority.Read more

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Godrej Properties accuses joint venture partner of siphoning INR 58 crore in Gujarat project

29 Dec 2025

Godrej Properties Limited (GPL) has accused its Ahmedabad-based joint venture partner, Siddhi Group, of misappropriating INR 58 crore in a township project in Gujarat. Phase I, consisting of 71 buildings, was completed, but Phase II faced delays and structural issues, especially in the Celeste building, which required reconstruction. Despite GPL advancing INR 57.3 crore in loans at 12% interest, Siddhi Group allegedly diverted customer payments from RERA accounts to personal and related-party accounts. Vikhroli police have registered an FIR, investigating allegations of cheating and fund mismanagement.Read more

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