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

Gurugram police arrest CKC Infra director in INR 5.5 crore real estate fraud case

01 May 2026

Gurugram Police have arrested two individuals, including a director of CKC Infra Company, for allegedly defrauding investors through fake real estate projects in Gurugram and Noida. The accused reportedly used forged documents and false assurances to raise nearly INR 5.5 crore. The land shown to investors, particularly near Aparna Ashram, was under dispute and in government possession, making development impossible. The case also involves falsified agreements and diversion of funds. Authorities are continuing their investigation to trace more victims and examine the financial trail linked to the fraud.Read more

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Delhi court orders framing of charges against 3C Shelters directors in Greenopolis case

01 May 2026

A Delhi court has directed the framing of charges against the directors of Three C Shelters Pvt Ltd in connection with the delayed Greenopolis housing project in Gurugram. The case relates to allegations of cheating, forgery and criminal conspiracy raised by homebuyers, following a complaint registered by the Economic Offences Wing in 2017. Buyers claimed they were misled on delivery timelines and project progress. The project, developed with Orris Infrastructure, has remained incomplete for years, leaving many buyers under financial stress due to continued EMI and rental obligations.Read more

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Pune civic body clears new Metro routes to improve connectivity in peripheral areas

01 May 2026

Pune Municipal Corporation has approved proposals for multiple new Metro routes aimed at improving connectivity across Pune’s peripheral areas. The approved corridors include stretches such as Khadakwasla–Donaje, Katraj–Khed Shivapur, Katraj–Undri, and Wagholi–Lonikand. These routes are intended to link emerging residential and peri-urban zones with the city’s core and future infrastructure networks, including the proposed ring road. The proposals will now be forwarded to Maha Metro for preparation of detailed project reports. The move comes amid rising demand for transport infrastructure in newly developing micro-markets and is expected to support urban expansion and mobility planning.Read more

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ED attaches assets worth over INR 1,100 crore linked to Raheja Developers in homebuyer fraud probe

30 Apr 2026

The Enforcement Directorate has provisionally attached assets valued at over INR 1,100 crore belonging to Raheja Developers, its promoters, and related entities in connection with a money-laundering investigation linked to alleged fraud against homebuyers. The action follows recent searches and stems from multiple FIRs filed by the Economic Offences Wing. The agency has alleged diversion of funds collected from over 4,600 buyers across residential projects. Raheja Developers has denied the allegations, citing a RERA-supervised forensic audit and attributing project delays to infrastructure gaps in Gurugram.Read more

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FIR ordered in INR 87 crore Borivali land compensation case

Mumbai News Desk

30 Apr 2026

The Maharashtra government has ordered an FIR in the INR 87 crore Borivali land compensation case involving alleged wrongful payout to a private builder. The land, owned by the Devrukhkar family and reserved for a public garden, became the centre of dispute after compensation was reportedly released based on questionable documents. Earlier reviews had flagged procedural lapses, with part of the amount already recovered. The case highlights issues in land acquisition processes, disputed ownership claims, and accountability of officials involved in approving and disbursing compensation.Read more

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ED attaches additional INR 3,034 crore assets linked to Reliance Anil Ambani Group probe

30 Apr 2026

The Enforcement Directorate has provisionally attached assets worth INR 3,034 crore linked to companies under the Reliance Anil Ambani Group as part of its ongoing money laundering investigation. The properties include real estate holdings across Maharashtra and Gujarat, along with equity shares of Reliance Infrastructure. With this latest action, the total value of assets attached in the case has reached INR 19,344 crore. The probe relates to alleged bank fraud and diversion of funds, and continues to expand as the agency traces financial transactions and linked properties.Read more

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Criminal case filed against four for duping 80 buyers in INR 3.48 crore land scam

Mumbai News Desk

30 Apr 2026

A criminal case has been registered against four individuals for allegedly cheating around 80 buyers in a land fraud worth nearly INR 3.48 crore. The accused sold plots on assigned land that cannot be legally transferred, using fake documents and a fabricated layout. Buyers were promised early investment benefits and future approvals, but no sale deeds or possession were provided. Investigations revealed a pattern of misleading multiple investors through similar tactics. The case highlights ongoing concerns around illegal land sales and lack of due diligence in pre-launch real estate transactions.Read more

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ED conducts fresh searches on Raheja Developers over alleged homebuyer fraud in Delhi-NCR

30 Apr 2026

The Enforcement Directorate has carried out fresh searches at premises linked to Raheja Developers in Delhi-NCR as part of an ongoing money laundering investigation tied to alleged fraud involving homebuyers. The action covers around seven locations and relates to claims of non-delivery of flats in the Raheja Revanta project. The agency had previously conducted searches in the same matter in the past year. The developer has denied any wrongdoing, stating that funds have not been diverted and attributing project delays to lack of supporting government infrastructure. The case highlights continued regulatory scrutiny of delayed housing projects and developer accountability in the NCR market.Read more

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NGT issues notices over Yamuna pollution, illegal construction on floodplains

30 Apr 2026

The National Green Tribunal (NGT) has initiated fresh action on pollution in the Yamuna River and alleged illegal constructions along its floodplains, seeking responses from multiple government agencies. The matter relates to continued discharge of untreated sewage and encroachments in areas such as Mathura and Vrindavan, despite earlier tribunal directives. Authorities including central and state pollution control bodies and local civic agencies have been asked to explain compliance with past orders. The case highlights ongoing environmental concerns linked to river pollution and unregulated development, with implications for urban planning, land use and enforcement in ecologically sensitive zones.Read more

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Nagpur faces INR 2,000 crore property tax backlog, raising concerns over civic finances

Nagpur News Desk

30 Apr 2026

Nagpur Municipal Corporation (NMC) is grappling with nearly INR 2,000 crore in unpaid property tax dues, amounting to almost one-third of its proposed budget for the upcoming financial year. The backlog spans over 4.5 lakh properties, with a significant share pending for more than a decade, reflecting long-standing enforcement gaps. Open plots, unmapped properties and residential units account for a large portion of arrears. The scale of non-compliance has raised concerns over the city’s fiscal stability, as property tax remains a primary revenue source for funding infrastructure and essential services. The situation highlights structural inefficiencies in tax recovery and data systems within urban local bodies.Read more

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