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

Ghaziabad to crack down on 258 illegal colonies along Hindon River over sewage pollution concerns

09 Jun 2026

• Ghaziabad administration is preparing a large-scale eviction and demolition drive against 258 illegal colonies located along the Hindon River.
• The action follows submissions made before the National Green Tribunal (NGT), which highlighted that these unauthorised colonies were discharging untreated sewage into the river.
• District authorities have directed multiple departments to identify encroachments, verify land records and initiate enforcement measures.
• The drive is aimed at protecting the Hindon River, preventing further encroachment on floodplain areas and improving environmental compliance.
• Officials expect the exercise to strengthen urban planning controls and curb the growth of unauthorised developments in the district.
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No More Land Deals in Lucknow’s IT City and Wellness City: Government Cracks Down to Protect Original Landowners

09 Jun 2026

• The Uttar Pradesh government has barred the sale, purchase and registration of land within the notified areas of LDA’s IT City and Wellness City projects in Lucknow.
• The move is aimed at preventing speculative land transactions and ensuring that benefits under the land pooling scheme reach original landowners.
• Only landowners whose names are already recorded in revenue records will be eligible for developed plots and project-related benefits.
• The restriction covers the first phase of both mega township projects being developed along Sultanpur Road and the Kisan Path corridor.
• Authorities expect the decision to curb artificial land price escalation and support smoother implementation of the projects.
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Patna Hotels Face Fire Safety Scrutiny as Majority Fail Compliance Audit

09 Jun 2026

• A fire department survey has found that only 80 of Patna’s 241 registered hotels fully comply with prescribed fire safety norms and have obtained the required No Objection Certificates (NOCs).
• The highest non-compliance was recorded in the city’s busiest hotel clusters, where deficiencies include inadequate emergency exits, narrow staircases, limited access for fire tenders and insufficient firefighting infrastructure.
• Authorities have intensified inspections and enforcement measures following previous hotel fire incidents, with non-compliant establishments being directed to upgrade safety systems and address structural shortcomings.
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Punjab launches free registration drive for 10 lakh construction workers

09 Jun 2026

The Punjab government has launched a statewide campaign to register and revalidate 10 lakh construction workers free of cost, aiming to expand access to welfare benefits and social security schemes. Announced by Chief Minister Bhagwant Mann during a review meeting of the Punjab Building and Other Construction Workers (BOCW) Welfare Board, the initiative will waive all registration and renewal charges for workers. The state plans to organise special registration camps across villages and urban centres to increase enrolment, as only 2.21 lakh workers are currently registered despite extensive construction activity and urbanisation. The drive is intended to improve coverage under welfare schemes, streamline benefit delivery and ensure that a larger segment of the construction workforce receives financial assistance, healthcare support, education benefits and skill development opportunities.Read more

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Bengaluru homeowners get occupancy certificate relief

09 Jun 2026

The Karnataka government has exempted a large category of homeowners in Bengaluru from obtaining Occupancy Certificates (OCs), providing relief to thousands of residential property owners facing challenges in securing the mandatory document. The decision extends the OC exemption to houses built on plots measuring up to 2,400 sq ft within the Greater Bengaluru Authority (GBA) limits, subject to prescribed building parameters. Previously, the relaxation was available only for smaller plots of up to 1,200 sq ft. The move is expected to benefit owners of independent houses who have struggled with procedural delays and compliance issues linked to occupancy certification. The government said the measure is intended to simplify regulatory processes while easing access to civic services and property-related documentation for eligible residential buildings.Read more

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Delhi invokes tough measures against illegal construction after hotel fire

09 Jun 2026

The Delhi government has announced a series of stringent measures against unauthorised construction and fire safety violations following a hotel fire in south Delhi that claimed 21 lives. The administration will invoke provisions of the Disaster Management Act, 2005, to hold negligent officials accountable, with penalties including imprisonment and fines. District Magistrates (DMs) will be given expanded powers to identify violations, initiate disciplinary proceedings and oversee enforcement actions. The government has also directed joint inspections of hotels, guest houses, restaurants and other commercial establishments across the capital. The move comes amid a wider crackdown on illegal buildings, with authorities focusing on unsafe structures, unauthorised commercial use and violations of approved building plans.Read more

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Tamil Nadu rolls out round-the-clock online property registration

09 Jun 2026

Tamil Nadu has introduced a 24x7 online document registration system aimed at making property transactions more accessible and reducing dependence on physical visits to sub-registrar offices. The initiative forms part of the state government's broader digital governance programme and builds upon reforms such as ‘Anywhere Registration’ and paperless registration services. Under the new system, eligible documents can be prepared, submitted and processed online at any time, providing greater convenience to homebuyers, property owners and developers. The move is expected to streamline registration procedures, reduce congestion at registration offices and improve service delivery across the state. The rollout reflects Tamil Nadu’s continued efforts to modernise land and property administration through technology-driven reforms.Read more

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Over 1.15 lakh homes and commercial units up for grabs in UP, RERA asks buyers not to rush property purchases

08 Jun 2026

• UP RERA has said that over 1.15 lakh residential and commercial units are currently available for sale across Uttar Pradesh, indicating ample inventory for homebuyers and investors.
• The regulator has advised buyers against making hasty property decisions based on rumours, sales pressure, or expectations of immediate price appreciation.
• Available inventory includes flats, plots, villas, shops, office spaces and other commercial properties across multiple cities in the state.
• UP RERA has urged consumers to verify project details, approvals, construction status and developer information through its portal before investing.
• The advisory comes as Uttar Pradesh continues to witness strong real estate activity, supported by rising project registrations and increasing investments in the sector.
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Maharashtra clears INR 2,267 crore for Sadhu Gram land acquisition ahead of 2027 Kumbh

08 Jun 2026

The Maharashtra government has sanctioned INR 2,267 crore for the acquisition of 191.21 acres of land earmarked for the Sadhu Gram project linked to the 2027 Nashik-Trimbakeshwar Kumbh Mela. The funding, approved through a government resolution issued by the Urban Development Department, will support the creation of a temporary township for seers and religious akharas during the mega religious gathering. The allocation includes compensation for landowners and administrative expenses related to the acquisition process. The state has imposed strict conditions on the utilisation of the funds, warning that any diversion for non-project purposes would be treated as a serious financial irregularity. The approval forms part of preparations to secure the remaining land required for the Kumbh Mela infrastructure.Read more

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LDA Set to Roll Out Three Housing Schemes as Lucknow’s Expansion Gains Pace

08 Jun 2026

• The Lucknow Development Authority (LDA) is preparing to launch three new residential schemes in June to meet growing housing demand across the city.
• The upcoming projects form part of LDA’s broader strategy to support planned urban expansion and create new residential opportunities.
• Naimish Nagar Yojana is among the schemes being positioned to accommodate future population growth in emerging development zones.
• The launch is expected to boost housing supply while strengthening infrastructure-led development across Lucknow’s expanding urban footprint.
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