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

Gaya’s INR 65 crore six-lane Falgu bridge turns into traffic bottleneck as vendors occupy carriageway

03 Jul 2026

• A six-lane bridge over the Falgu River in Gaya, built at a cost of INR 65 crore, is facing congestion due to encroachment by roadside vendors.
• Stalls selling fruits, vegetables, snacks and daily-use items have occupied parts of the carriageway, reducing available road space.
• Commuters say the bridge often functions like a four- or five-lane road instead of a six-lane corridor.
• The encroachment has raised concerns over traffic bottlenecks, pedestrian safety and accident risks.
• The bridge was developed to improve connectivity between Gaya and Manpur and support movement on Bihar’s Buddhist Circuit.
Read more

cover photo

MHADA advances cluster redevelopment of Borivali and Khar housing layouts

Mumbai News Desk

03 Jul 2026

The Maharashtra Housing and Area Development Authority (MHADA) has moved ahead with plans to redevelop two ageing housing layouts in Borivali and Khar after submitting proposals to the Maharashtra government for approval. The projects cover the 1,03,405 sq m Old MHB Colony on Gorai Road, Borivali, and the 25,234 sq m Ram Krishna Nagar in Khar under the Construction and Development Agency (C&DA) model. Together, the schemes will rehabilitate nearly 2,000 households while upgrading civic infrastructure, open spaces and amenities. MHADA will appoint private developers through a competitive tender process after receiving state approval, continuing its broader strategy of cluster redevelopment across Mumbai.Read more

cover photo

Indore cracks down on illegal encroachments, demolishes unsafe building in fresh civic drive

Indore News Desk

03 Jul 2026

• The Indore Municipal Corporation (IMC) removed illegal encroachments from municipal land in Chhota Bangarda and partially demolished an unsafe residential building in Chhoti Gwaltoli as part of its ongoing enforcement drive.
• The action followed complaints over unauthorized occupation of land reserved for a public garden, while the demolition was carried out to prevent accidents during the monsoon.
• Police personnel accompanied the civic teams during the operations to ensure smooth execution and maintain law and order.
• The latest drive is part of IMC's wider campaign against illegal constructions, encroachments, and structurally weak buildings across Indore to improve public safety and protect civic infrastructure.
Read more

cover photo

Monsoon damage blocks 35 roads as Himachal steps up infrastructure restoration

03 Jul 2026

Persistent monsoon rainfall has claimed six lives and disrupted transport and power infrastructure across Himachal Pradesh, with 35 roads blocked and 127 electricity distribution transformers rendered inoperative. According to the State Emergency Operation Centre (SEOC), the damage has affected multiple districts, particularly Kullu, Solan and Chamba, while estimated losses to public and private property have reached INR 44.40 lakh. Restoration teams have been deployed to clear roads, restore electricity supply and maintain essential services as intermittent rainfall continues. The India Meteorological Department (IMD) has forecast further heavy rainfall, prompting authorities to remain on high alert amid concerns over landslides, road connectivity and infrastructure resilience.Read more

cover photo

BDA plans dedicated authority to simplify apartment association registration

Bangalore News Desk

03 Jul 2026

The Bangalore Development Authority (BDA) has proposed setting up a dedicated registration authority to simplify the formation of apartment owners' associations across its housing projects. The move aims to address long-standing issues faced by residents in registering associations under existing laws, which has delayed the transfer of maintenance responsibilities. The proposal is part of BDA's broader apartment maintenance policy that seeks to provide a structured handover process, improve governance in residential communities, and bring greater clarity on legal and administrative responsibilities for apartment owners.Read more

cover photo

Haryana and UP RERA approve over INR 35,000 crore projects, set to add thousands of new homes and commercial units

03 Jul 2026

• Haryana RERA and UP-RERA have approved real estate projects worth over INR 35,000 crore, strengthening the development pipeline in both states.
• Haryana RERA's Gurugram bench cleared 51 projects, while UP-RERA approved 14 projects spread across seven districts.
• The approvals will add more than 20,000 residential, commercial and industrial units, boosting housing supply and planned urban development.
• Both regulators continue to tighten project scrutiny, improve transparency and speed up grievance redressal to protect homebuyers.
Read more

cover photo

Cabinet approves INR 14,115 crore road projects in Delhi and Uttar Pradesh

03 Jul 2026

The Union Cabinet has approved two major highway infrastructure projects in Delhi and Uttar Pradesh with a combined investment of around INR 14,115 crore. The projects include a six-lane tunnel connecting Dwarka Expressway to Nelson Mandela Marg in Delhi and a new access-controlled highway section between Kanpur and Kabrai in Uttar Pradesh. The projects are aimed at improving regional connectivity, reducing travel time, easing traffic congestion, and strengthening the National Highway network as the Centre continues to invest in transport infrastructure across the country.Read more

cover photo

Chandigarh Housing Board Asks Allottees to Verify Outstanding Dues Through Online Portal

03 Jul 2026

The Chandigarh Housing Board (CHB) has asked allottees to verify their outstanding dues through its online portal to improve transparency and facilitate timely payments. The initiative allows property owners to access updated financial details, including pending instalments, interest and other charges, before making payments. The board said the online verification system is intended to simplify the payment process, reduce disputes over dues and strengthen digital service delivery for residents across its housing schemes.Read more

cover photo

Raipur administration demolishes 77 houses during anti-encroachment drive, triggering protests

02 Jul 2026

Authorities in Raipur demolished 77 houses during an anti-encroachment drive in Nakti village near Swami Vivekananda Airport earlier this week, prompting protests from residents who claimed several homes had been built under government housing schemes and stood on ancestral land. The operation, undertaken jointly by the revenue department and the Raipur Municipal Corporation, cleared nearly nine hectares of government land that officials alleged had been under illegal occupation for years. While the administration said due legal procedures had been followed and rehabilitation had been arranged in Nava Raipur, villagers disputed the ownership claim, alleging the land was common grazing land recorded in their forefathers' names and questioning the demolition of houses constructed under state-backed housing programmes.Read more

cover photo

Walkeshwar balcony collapse raises safety concerns over Mumbai's ageing MHADA cessed buildings

Mumbai News Desk

02 Jul 2026

A 51-year-old pedestrian died after a third-floor balcony of a MHADA cessed building collapsed in Walkeshwar, South Mumbai, amid the monsoon. The incident has renewed concerns over the structural condition of ageing cessed buildings and the pace of repairs and redevelopment. Civic authorities have launched an investigation, while the tragedy has drawn attention to the risks posed by deteriorating building infrastructure during the rainy season.Read more

cover photo