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

Over 25 lakh Bengaluru properties brought under e-Khata system as Karnataka scales digital land records

08 May 2026

The Karnataka government has brought over 25 lakh properties in Bengaluru under the e-Khata system, marking a large-scale digitisation of urban property records. Announced in the past week by Deputy Chief Minister D K Shivakumar, the initiative integrates Aadhaar, GPS mapping, property sketches and digital documentation to create a unified ownership database. More than 7,000 applications have already been processed, with additional outreach measures planned through camps and service centres. The move aims to improve transparency, reduce discrepancies in land records, and streamline property transactions, while supporting compliance across the city’s expanding real estate market.Read more

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Only 15 apply for ownership rights in Delhi’s unauthorised colonies, no applications yet for house regularisation

08 May 2026

Only 15 residents in Delhi’s unauthorised colonies have applied for ownership rights under the central government’s property rights scheme, while no applications have been received for house regularisation, according to official data released in the past week. The scheme, aimed at granting legal ownership through conveyance deeds, covers over 1,700 colonies and seeks to formalise property titles. Despite its scale, uptake has remained limited due to procedural complexities, documentation gaps and lack of clarity on regularisation norms. Authorities have indicated that awareness efforts and process simplification may be required to improve participation in the programme.Read more

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Allahabad High Court upholds land acquisition for Noida airport expansion, mandates rehabilitation safeguards

08 May 2026

The Allahabad High Court has upheld land acquisition for the expansion of the Noida International Airport in Gautam Buddha Nagar, dismissing petitions filed by affected landowners. The ruling, delivered in the past week, affirms that the acquisition process complied with the provisions of the 2013 land acquisition law. The acquisition forms part of subsequent development phases of the airport project, covering multiple villages and enabling infrastructure such as runways, cargo facilities and connectivity links. While validating the process, the court directed authorities to ensure timely rehabilitation and resettlement of displaced families, reinforcing the requirement to balance infrastructure expansion with statutory safeguards for affected residents.Read more

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Worker killed after steel frame accident at Sewri–Worli connector site

07 May 2026

A 19-year-old construction worker died after being hit by a steel frame during work at the Sewri–Worli Connector project in Mumbai. The accident happened while heavy iron structures were being lifted using a crane, pointing to possible lapses in handling and supervision. Police have filed a case against the crane operator and site supervisor for negligence. The incident comes amid multiple recent accidents across infrastructure projects in the Mumbai Metropolitan Region, raising continued concerns about worker safety and on-site monitoring standards.Read more

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Bombay High Court affirms Valor Estate subsidiary’s ownership of 205-acre Bhayandar land after four-decade dispute

Mumbai News Desk

07 May 2026

The Bombay High Court has upheld the ownership of a 205-acre land parcel in Bhayandar, Thane, held by a subsidiary of Valor Estate Ltd, dismissing an appeal filed by the Union of India’s Salt Department. The ruling, delivered in the past week, confirms a 2018 civil court judgment in favour of Miraland Developers and brings closure to a dispute spanning over 40 years. The land, located within the Mira Bhayandar Municipal Corporation limits, had been under litigation across multiple forums. The decision provides legal clarity over the asset, which had remained under dispute due to competing claims linked to historic salt pan usage and government ownership assertions.Read more

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BMC likely to re-tender Ghatkopar BEST plot after dispute over below-market lease rates

07 May 2026

The Brihanmumbai Municipal Corporation (BMC) is considering re-tendering a BEST-owned plot in Ghatkopar after objections were raised over leasing the land at rates below prevailing market levels. The proposal, discussed in the past week, drew opposition from Shiv Sena (UBT) members within the BEST committee, who questioned the financial prudence of the deal. The land parcel had been proposed for lease at INR 33.4 lakh per year, significantly lower than market benchmarks. The development highlights governance concerns around public land monetisation and could delay commercial utilisation of the site.Read more

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Bombay High Court directs Railways to pay INR 8 lakh compensation in 17-year-old suburban train death case

Mumbai News Desk

07 May 2026

The Bombay High Court has directed the Railways to pay INR 8 lakh compensation to the family of a teenager who died after falling from a suburban train, overturning an earlier tribunal decision. The ruling, delivered in the past week, came nearly 17 years after the incident near Jogeshwari station in Mumbai. The court held that the Railway Claims Tribunal had erred in not considering crucial evidence, including testimony from a co-passenger. The case pertains to a 2009 accident involving a 16-year-old who fell from a crowded train while travelling within the city’s suburban rail network.Read more

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Sebi proposes alignment of securitisation structures with RBI framework, considers waivers for select deals

07 May 2026

Securities and Exchange Board of India has proposed aligning securitisation norms for listed debt instruments with the regulatory framework of the Reserve Bank of India, as part of efforts to standardise market practices. The proposal, outlined in the past week, also includes relaxation provisions for certain transactions involving RBI-regulated entities. The move is aimed at improving consistency between capital markets and banking regulations while addressing structural gaps in securitisation transactions. The proposal is expected to impact originators, investors, and intermediaries involved in structured finance and debt market instruments.Read more

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NCLAT sets aside insolvency proceedings against Embassy Development citing Section 10A bar under IBC

07 May 2026

National Company Law Appellate Tribunal has set aside an earlier order of the National Company Law Tribunal that admitted insolvency proceedings against Embassy Development, ruling that the application filed by Canara Bank was barred under Section 10A of the Insolvency and Bankruptcy Code (IBC). The tribunal held that the alleged default fell within the protected period introduced during the COVID-19 disruption, during which fresh insolvency proceedings were restricted. The case relates to a INR 200 crore claim linked to a corporate guarantee extended for a loan to Indiabulls Realtech. The appellate tribunal also criticised the lender’s approach, observing procedural lapses in filing the insolvency plea.Read more

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Mumbai begins fully digital census with unique ID for every household

07 May 2026

Mumbai has initiated its first fully digital Census exercise, assigning a unique ID to each household to streamline data collection. Conducted by the Brihanmumbai Municipal Corporation, the process uses mobile-based enumeration and also allows residents to self-enumerate. The exercise was delayed from its earlier schedule due to the pandemic. The first phase focuses on housing conditions and basic amenities, while the second phase, scheduled for February–March 2027, will capture population data. Officials expect the digital approach to improve accuracy, reduce duplication, and support better urban planning.Read more

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