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

Mumbai collectors discuss land reforms and royalty issues with developers

Mumbai News Desk

27 Dec 2025

The District Collectors of Mumbai City and Mumbai Suburban have held a joint meeting with real estate industry bodies to address long-standing land administration and revenue issues affecting development across the city. The discussion focused on concerns such as royalty on excavated soil, repeated surveys, procedural delays and lack of clarity in approvals. Officials acknowledged the need for clearer, SOP-based processes to reduce ambiguity and ensure consistency. Proposals including a single physical survey system, streamlined amalgamation and subdivision approvals, and improved land record transparency were reviewed. The collectors assured industry stakeholders that simplified and time-bound procedures would be introduced through a coordinated institutional framework to support smoother and more predictable real estate development in Mumbai.Read more

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Bombay High Court forms panel to examine Khar Danda land dispute

Mumbai News Desk

27 Dec 2025

The Bombay High Court has constituted a three-member committee to resolve a land dispute at Danda Koliwada in Mumbai's Khar West, where a proposed slum rehabilitation project overlaps with land used by the local Koli fishing community. The court directed senior officials from the Urban Development Department, the suburban collector's office and the Slum Rehabilitation Authority to hear all parties and, if required, carry out fresh demarcation. Until the committee completes its review, the court has ordered status quo and restrained any coercive action on the disputed land.Read more

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NMMC asks developers to tighten pollution controls at construction sites

Navi Mumbai News Desk

26 Dec 2025

Navi Mumbai Municipal Commissioner Dr Kailas Shinde has directed developers to strictly implement air and noise pollution control measures at construction sites to improve the city's air quality. Addressing a special meeting of developers and architects, he emphasised compliance with the municipal corporation's standard operating procedures issued in line with High Court directions. The civic body has proposed measures such as installation of CCTV cameras and air quality displays at sites, expansion of air quality monitoring stations, stricter dust control norms and penalties for violations. Non-compliance may lead to stoppage of work or cancellation of construction permissions.Read more

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BMC issues new rules to stop selective demolitions in road projects

26 Dec 2025

The Brihanmumbai Municipal Corporation has issued revised guidelines to curb selective demolitions and fragmented road widening across Mumbai. The new framework standardises and digitises no-objection certificates for road-related demolitions, ensuring widening work is carried out in complete, connected stretches. It also sets clear rules for rehabilitating affected properties, offering resettlement with additional Floor Space Index where applicable. The guidelines require timely start of roadworks after demolitions, backed by approved budgets and tenders. By defining road priorities, limiting project scope, and improving inter-departmental coordination, the BMC aims to improve transparency, protect residents rights, and deliver smoother, more efficient urban road infrastructure.Read more

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Panel raises concerns over drinking water and sewage treatment in Punjab

26 Dec 2025

A parliamentary standing committee has raised concerns over significant shortfalls in water treatment infrastructure in Punjab under the AMRUT (Atal Mission for Rejuvenation and Urban Transformation) programme. The panel noted that many urban areas remain without adequate water treatment capacity despite allocations and planned projects, resulting in ongoing challenges for potable water supply and wastewater management. Gaps were identified in execution timelines, technology adoption and coordination between state and central agencies. The committee has urged accelerated implementation of pending projects, enhanced monitoring mechanisms and timely allocation of resources to bridge existing deficits. The findings highlight the need for renewed focus on infrastructure completion to ensure safe drinking water and environmental protection.Read more

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Shree Cement lifts lockout at Baloda Bazar plant following settlement with workers

26 Dec 2025

Shree Cement has withdrawn the lockout at its Baloda Bazar cement plant in Raipur after reaching a settlement with workers, allowing operations to resume. The lockout had been imposed due to labour-related issues and resulted in a temporary halt in production at the facility. The company stated that the situation was resolved through discussions, with no damage reported to plant assets during the stoppage. The brief shutdown led to an estimated production loss of around 10,000 tonnes per day. The plant is an important part of Shree Cement's regional manufacturing network.Read more

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Haryana housing scheme to provide homes and jobs for landless households

26 Dec 2025

The Haryana government has announced a housing initiative to provide homes to around 7,000 landless families across the state, aiming to address housing insecurity among economically weaker sections. The programme will be implemented through coordinated efforts involving housing, urban development and rural departments, with support from local authorities. Alongside residential allotments, the initiative is expected to generate employment through construction and related infrastructure activities, benefiting local workers and suppliers. The scheme forms part of a broader push for inclusive development by linking access to formal housing with livelihood opportunities. The government plans to finalise eligibility criteria, guidelines and timelines to ensure timely and effective implementation.Read more

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NMMC sets rules for electronic and digital ads during civic elections

Navi Mumbai News Desk

25 Dec 2025

Ahead of the Navi Mumbai Municipal Corporation General Elections 2025-26, political parties and candidates have been mandated to obtain pre-certification before broadcasting or publishing any advertisements on electronic media. The move aims to ensure strict adherence to the Model Code of Conduct and compliance with guidelines issued by the State Election Commission. A Municipal-Level Media Certification and Monitoring Committee has been constituted to scrutinise and approve proposed advertisements across television, radio, social media, digital platforms and other electronic channels. The elections are scheduled to be held on January 15, 2026, and all stakeholders have been urged to follow the prescribed procedures to ensure free, fair and transparent elections.Read more

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Consumer panel orders Green Space Infraheights to pay 12% interest for delayed flat delivery

25 Dec 2025

The Ludhiana district consumer disputes commission directed Green Space Infraheights Private Limited to refund INR 12.42 lakh to buyers who did not receive possession of their booked apartment and to pay 12% annual interest. The commission also imposed an additional INR 20,000 as costs for deficiency in service and unfair trade practice. The buyers had paid the full amount years ago but were repeatedly denied possession. The builder did not appear in the proceedings, prompting an exparte hearing. The order highlights the enforcement of consumer rights and accountability for delayed housing projects.Read more

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Uttar Pradesh gives housing authorities power to convert agricultural land for urban projects

25 Dec 2025

The Uttar Pradesh government has granted housing development authorities the authority to change land use for urban projects, allowing agricultural land to be converted for residential purposes for schemes covering 50 acres or more. This decision applies to 20 major cities, including Lucknow, Ghaziabad, Agra, Varanasi, and Meerut, and also benefits private developers executing approved township projects. Previously, such land conversions required state government approval, causing delays. The move aims to expedite urbanisation, township development, and infrastructure rollout while aligning with the Chief Minister's Urban Expansion Scheme and broader planning reforms.Read more

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