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

Pirojsha Godrej calls for mangrove protection in Mumbai amid development debate

29 Apr 2026

Pirojsha Godrej has emphasised the need to protect mangroves in Mumbai, stating that the Godrej Group will not develop the mangrove land under its control in Vikhroli. His remarks come amid ongoing debates over infrastructure expansion, including proposed mangrove clearing in Versova. He highlighted the scale of the group’s mangrove holdings and underscored the importance of balancing environmental conservation with urban development. The comments also touched on planning challenges, including floor space index policies, public transport, and the need for structured urban growth. The stance reflects broader tensions between ecological preservation and infrastructure expansion in the city.Read more

cover photo

Mumbai court denies medical bail to accused in INR 56 crore real estate fraud case

Mumbai News Desk

29 Apr 2026

A Mumbai court has rejected a medical bail plea filed by an accused in a real estate fraud case involving approximately INR 56 crore, citing the absence of any immediate life-threatening condition. The case pertains to alleged irregularities in a redevelopment project where multiple buyers were reportedly duped through sale of the same flats and non-delivery of promised units. The accused had sought temporary relief on health grounds, requesting treatment at a private hospital. However, the court held that adequate medical facilities were available within the public healthcare system, and custodial detention remained necessary given the gravity of the allegations and the ongoing investigation.Read more

cover photo

Punjab to provide INR 50 lakh home repair aid to 144 weaker section families in Ludhiana

Ludhiana News Desk

29 Apr 2026

The Punjab government has approved financial assistance of approximately INR 50 lakh to support housing repairs for 144 economically weaker section families in Ludhiana. The aid, routed through the municipal corporation under the Rangla Punjab initiative, will be disbursed to residents in Ward 72, primarily in the Jawahar Nagar camp area. Each beneficiary will receive INR 35,000 to undertake essential repairs, including fixing damaged roofs and structural deficiencies. The move follows field assessments by civic officials and forms part of a broader urban development allocation aimed at improving living conditions in low-income settlements while strengthening basic housing infrastructure in the city.Read more

cover photo

Uttar Pradesh expands Mukhyamantri Awas Yojana to cover all Scheduled Tribe households

29 Apr 2026

The Uttar Pradesh government has expanded the scope of the Mukhyamantri Awas Yojana (Gramin) to include all remaining Scheduled Tribe (ST) communities, aiming to achieve universal housing coverage among tribal households in the state. The decision brings previously excluded groups such as Bhotia, Jaunsari and Raji within the scheme’s ambit. The move builds on earlier phased inclusions of multiple tribal communities since the scheme’s launch in 2018. Authorities have directed officials to identify eligible beneficiaries and expedite implementation, with the objective of providing permanent housing to marginalised rural populations and improving living standards in remote and underserved regions.Read more

cover photo

Goa RERA orders Aansav Realty to hand over flat, imposes INR 15 lakh penalty for delay

29 Apr 2026

The Goa Real Estate Regulatory Authority (RERA) has directed Aansav Realty & Infrastructure to hand over possession of a flat in Varca and imposed a penalty of INR 15 lakh for delayed delivery and unlawful cancellation of allotment. The order relates to a 2015 booking valued at approximately INR 53 lakh, where the buyer had already paid a substantial portion of the consideration. RERA has instructed the developer to execute the sale deed and complete possession within a stipulated timeline. The ruling reinforces regulatory scrutiny on project delays and cancellation practices, underscoring the authority’s role in protecting homebuyer interests and ensuring adherence to contractual commitments in the residential sector.Read more

cover photo

Bengaluru enables instant online access to e-khata records for property owners

Bangalore News Desk

29 Apr 2026

Bengaluru’s civic authorities have introduced an online system enabling property owners to instantly access and download e-khata documents using their SAS property tax identification. The initiative, rolled out through the e-Aasthi platform, covers nearly 13 lakh properties and aims to streamline property documentation by reducing reliance on physical processes. The e-khata, a critical document for property tax payments, ownership verification, and transactions, can now be generated within minutes through OTP-based authentication. While the move is expected to improve transparency and reduce intermediary dependence, authorities have clarified that the digitally issued records remain provisional until further compliance steps are completed.Read more

cover photo

Bihar clears satellite townships, tech hub on urban expansion push

29 Apr 2026

The Bihar Cabinet has approved a set of proposals to develop satellite townships, establish a technology hub and modernise Industrial Training Institutes (ITIs), aimed at supporting urban expansion and economic growth. The plan includes the development of 11 greenfield satellite townships to ease pressure on existing cities and promote planned urbanisation. The government has also cleared the creation of a technology hub to strengthen the state’s IT ecosystem and generate employment. Alongside, ITIs will be upgraded to improve skill development and workforce readiness. The decisions reflect a coordinated approach to urban planning, infrastructure development and skill enhancement, as Bihar looks to attract investment and improve its industrial and employment landscape.Read more

cover photo

Belagavi civic body collects INR 18 crore property tax in 20 days with early payment push

28 Apr 2026

Belagavi City Corporation has collected around INR 18.12 crore in property tax within the first 20 days of the new financial year, supported by a 5% rebate on early payments. The incentive has led to faster collections and improved compliance among property owners. A growing number of taxpayers have also shifted to digital payment modes, making the process more efficient. The civic body expects collections to rise further before the rebate period ends. This early momentum is important as the corporation had fallen short of its annual collection target in the previous year.Read more

cover photo

Jaipur civic body clears road encroachments to ease congestion and improve pedestrian access

28 Apr 2026

The Jaipur Municipal Corporation has intensified enforcement action against road encroachments across key urban corridors, targeting illegal structures and unauthorised vendors occupying carriageways and footpaths. The drive, conducted across multiple locations in the city, aims to reduce traffic congestion and improve pedestrian safety. The initiative forms part of a broader urban management strategy focused on maintaining road infrastructure and ensuring unobstructed movement. Authorities have indicated that the action will continue through regular monitoring and enforcement measures to prevent re-encroachment. The development comes amid ongoing concerns around traffic bottlenecks and the need for sustained civic intervention across Jaipur’s road network.Read more

cover photo

RBI cancels Paytm Payments Bank licence, initiates winding-up process

28 Apr 2026

The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank, citing serious regulatory concerns over its operations and management practices. The central bank stated that the bank’s affairs were conducted in a manner detrimental to depositor interests and public interest. Following the decision, the entity has been barred from undertaking any banking activities. The RBI has also indicated that it will approach the high court to initiate winding-up proceedings. The bank has sufficient liquidity to meet its deposit liabilities, according to the regulator. Paytm Payments Bank had already been restricted from onboarding new customers since 2022, reflecting prolonged regulatory scrutiny.Read more

cover photo