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

Government reclaims 33 acres in Aarey after slum rehab project stalls

11 Jun 2026

• The Maharashtra government has taken back 33 acres in Aarey Colony, Mumbai, previously allotted for a slum rehabilitation project that failed to progress.
• The land was earmarked for the rehabilitation of eligible slum residents under a redevelopment scheme but remained largely undeveloped for years.
• Authorities revoked the allotment following a review of the project's status and lack of implementation.
• The reclaimed land will remain under government control pending a decision on its future use.
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Delhi rushes to fix waterlogging hotspots as monsoon nears, PWD targets key roads

11 Jun 2026

• Delhi's Public Works Department (PWD) has intensified efforts to tackle waterlogging-prone roads ahead of the monsoon season.
• The department has identified critical flooding hotspots and accelerated desilting, drain cleaning and road maintenance work across key corridors.
• Special focus is being placed on locations that have witnessed recurring traffic disruptions and water accumulation during heavy rainfall.
• Officials are conducting inspections and monitoring preparedness to improve stormwater drainage and commuter safety.
• The initiative is part of a wider effort to strengthen urban infrastructure and minimise monsoon-related disruptions across the capital.
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Maharashtra weighs fresh tender for new Bombay High Court complex amid project review

11 Jun 2026

• The Maharashtra government is reportedly considering scrapping the existing tender process for the proposed new Bombay High Court complex.
• The project, estimated at around INR 4,217 crore, has witnessed delays related to design approvals and land handover.
• Authorities are reviewing the procurement process to facilitate smoother execution of the landmark judicial infrastructure project.
• The development comes as efforts continue to expedite construction of the new court complex in Mumbai.
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Delhi High Court questions Centre's plan for Polo Grounds and Gymkhana land

11 Jun 2026

The Delhi High Court has expressed concern over the Centre's move to reclaim land occupied by the Indian Polo Association and the Delhi Gymkhana Club, observing that the capital cannot afford to lose its limited green spaces. Hearing a petition challenging an eviction notice, the court questioned the future use of the land and the impact on the city's environment and heritage structures. The matter centres on the proposed takeover of prominent properties in Lutyens' Delhi, with further proceedings expected before the trial court.Read more

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APCRDA holds Gram Sabha in Undavalli to discuss land pooling and acquisition for Amaravati projects

11 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a Gram Sabha in Undavalli village to discuss land acquisition and land pooling activities linked to the development of Amaravati. Senior APCRDA officials informed villagers that landowners named in the recent acquisition notification still have an opportunity to join the Land Pooling Scheme within the stipulated timeframe. The authority also assured residents that concerns related to assigned lands, Lankan lands and local infrastructure needs would be addressed as per government guidelines. APCRDA sought continued cooperation from farmers as development works across the capital region gather pace.Read more

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Big relief for Bengaluru homeowners: BESCOM clears path for permanent power connections without occupancy certificate

11 Jun 2026

• Bengaluru homeowners with residential buildings up to 2,400 sq ft can now obtain permanent electricity connections without an occupancy certificate (OC), subject to certain conditions.
• BESCOM has clarified that the benefit will extend beyond those who submitted applications before the earlier deadline.
• Homeowners who completed construction or secured temporary electricity connections before the prescribed cut-off can apply for permanent power supply.
• The clarification addresses confusion caused by a recent Karnataka government order and is expected to benefit nearly one lakh households.
• The move comes amid a large backlog of applications for conversion from temporary to permanent electricity connections across Bengaluru.
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Delhi orders audit of Narela, Bawana industrial area PPP projects

11 Jun 2026

The Delhi government has initiated a revenue audit of concessionaires operating in the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The exercise will examine financial records, revenue collections, escrow account transactions and payments made under the public-private partnership model implemented by the Delhi State Industrial Infrastructure Development Corporation (DSIIDC). Auditors will assess whether any deviations, irregularities, excess recoveries, revenue suppression or fund diversions occurred during the redevelopment, operation and maintenance of industrial infrastructure. The review is expected to quantify any financial impact and identify recoverable amounts, providing a detailed assessment of the long-running PPP arrangements in two of Delhi’s key industrial clusters.Read more

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Bihar’s new paperless property registration system could make land deals faster and easier

11 Jun 2026

• Bihar is preparing to launch a paperless property registration system to reduce paperwork and simplify land and property transactions.
• The new system is expected to allow citizens to complete most registration-related formalities digitally, reducing visits to sub-registrar offices.
• The initiative is part of the state's wider digital governance push, which includes online registration services, e-stamping and integrated land records management.
• Recent reforms such as doorstep property registration for senior citizens and automatic mutation systems have already strengthened Bihar's land administration framework.
• The move is aimed at improving transparency, reducing processing time and making property registration more efficient for buyers and sellers.
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Uttar Pradesh to spend INR 350 crore on high-rise fire safety, Ghaziabad and Lucknow to get advanced fire tenders

Ghaziabad News Desk

11 Jun 2026

• Uttar Pradesh has approved an INR 350 crore investment to procure advanced fire tenders and hydraulic platforms for 11 major cities witnessing rapid high-rise development.
• Ghaziabad will receive two 102-metre fire tenders, while Lucknow and Varanasi are set to get high-reach firefighting vehicles capable of handling emergencies in tall buildings.
• The equipment will include hydraulic platforms, telescopic boom systems and turntable ladders designed for rescue and firefighting operations in high-rise structures.
• The move follows growing concerns over fire safety in multi-storey residential and commercial projects across the state.
• The initiative is expected to strengthen emergency response infrastructure as urbanisation and vertical development continue to expand across Uttar Pradesh.
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427 Madikeri families get permanent homes as Karnataka steps up affordable housing push

11 Jun 2026

The Karnataka government has handed over houses to 427 families in Madikeri, providing permanent shelter to beneficiaries under a state-supported housing programme. The initiative is aimed at improving housing access for economically weaker families and those in need of secure accommodation. The housing distribution is part of the state's broader affordable housing and social welfare efforts. With the latest allotment, the government has taken another step towards addressing housing shortages in the region, while helping beneficiary families gain better living conditions, residential security and long-term stability.Read more

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