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

Amaravati explores district cooling solutions to strengthen sustainable infrastructure planning

08 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA), along with the Indian Plumbing Association (IPA) Amaravati Chapter and ISHRAE Vijayawada Chapter, organised a technical session on district cooling and sustainable infrastructure planning for Amaravati. The programme brought together more than 150 officials, consultants, contractors and technical experts to discuss utility management, HVAC systems, plumbing standards and wastewater solutions. Industry specialists shared global best practices and emerging technologies that can support efficient urban development. The session highlighted the importance of integrated planning, technical standards and collaboration to support Amaravati’s long-term infrastructure and sustainability goals.Read more

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Maharashtra CM sets three-year deadline for key infrastructure projects

08 Jun 2026

Maharashtra Chief Minister Devendra Fadnavis has directed government departments and infrastructure agencies to complete major ongoing projects within the next three years. The directive covers transport, urban infrastructure and public works projects across the state, including the Mumbai Metropolitan Region. During a recent review meeting, the Chief Minister stressed timely execution, stronger inter-agency coordination and quicker resolution of administrative hurdles. The state government will adopt regular monitoring mechanisms to track progress and ensure project delivery within deadlines.Read more

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14,000 Hutments to Be Rebuilt as Mumbai Rolls Out First 100-Acre Slum Redevelopment Project in Andheri

08 Jun 2026

• Mumbai has launched the redevelopment of a 100-acre slum cluster around Gilbert Hill in Andheri West, making it one of the city's largest slum redevelopment initiatives.
• The project will cover nearly 14,000 hutments and several existing residential structures under Maharashtra's newly introduced cluster redevelopment policy.
• It is the first major project among 19 large slum clusters identified across Mumbai for integrated redevelopment.
• The redevelopment aims to improve housing, civic infrastructure, road networks and public amenities while creating a planned urban neighbourhood.
• The project is expected to serve as a model for future cluster redevelopment projects across the city.
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Supreme Court orders fresh assessment of Aravalli zones

08 Jun 2026

• The Supreme Court has constituted a high-powered expert committee to re-examine the definition and extent of the Aravalli range.
• The exercise is expected to influence future decisions related to mining, land use and environmental protection across the region.
• The move comes amid concerns over inconsistencies in identifying Aravalli areas across different states and agencies.
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Cabinet approves INR 10,000-crore ATF price stabilisation support for Indian airlines amid West Asia crisis

08 Jun 2026

The Union Cabinet has approved a one-time budgetary support of up to INR 10,000 crore for Oil Marketing Companies to provide Aviation Turbine Fuel price stabilisation support to scheduled Indian airlines covering both domestic and international operations. The decision, announced on 3 June 2026, is a direct response to exceptional fuel price volatility stemming from the ongoing West Asia crisis. The support will be disbursed on an interest-free basis and will remain operational for 36 months or until the advance is fully recovered, whichever is earlier. It builds upon a series of earlier measures including a 25 per cent cap on domestic ATF base price increases, a 25 per cent reduction in landing and parking charges, and VAT reductions on ATF in Delhi and Maharashtra to 7 per cent.Read more

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MoRT&H issues Urban Decongestion Policy mandating access-controlled ring roads and bypasses on national highway

08 Jun 2026

• MoRT&H issued an Urban Decongestion Policy on 29 May 2026 requiring all future NH bypass and ring road projects in urban areas to be fully access-controlled, minimum 4-lane corridors with closed tolling and design speeds of 100–120 kmph replacing the non-access-controlled model that has repeatedly led to fresh ribbon development along existing corridors.
• State governments must mandatorily participate in project financing through one of four approved models: land acquisition cost-sharing, GST and royalty reimbursement, land pooling, or value capture financing over 15 years.
• Of 83 cities assessed for NH congestion, 80 recorded speed drops exceeding 10 per cent on urban highway stretches; interventions are underway in 32 cities, with 48 remaining to be addressed under this policy.
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Goa approves over 5,000 applications under Majhe Ghar scheme, ownership orders to be distributed by June 10

08 Jun 2026

• Goa Chief Minister Pramod Sawant said more than 5,000 applications under the Majhe Ghar scheme have been approved across the state.
• Ownership orders for eligible beneficiaries are set to be distributed by June 10 in both North Goa and South Goa.
• The scheme was introduced to regularise houses and provide legal ownership rights to residents facing property-related issues.
• The government has received strong public response to the initiative, with tens of thousands of forms distributed since its launch.
• The programme is expected to provide legal clarity and housing security to thousands of families across Goa.
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Maharashtra orders closure of unauthorised Chunabhatti school, leaving parents and students facing uncertainty

08 Jun 2026

• Maharashtra education authorities have directed the closure of an unauthorised school operating in Chunabhatti after finding that it lacked the required permissions to run classes.
• The order affects hundreds of students, with parents being informed that children may need to be relocated to other recognised schools before the new academic term.
• The development has triggered concern among families over admissions, academic continuity and logistical arrangements, while education officials have initiated steps to facilitate student transfers.
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L&T signs INR 18,600 crore investment pact with Tamil Nadu, projects to create over 8,000 jobs

08 Jun 2026

Infrastructure major Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with the Tamil Nadu government to undertake three projects involving a total investment of INR 18,600 crore. The proposed developments include a data centre expansion in Kanchipuram, an electronics and electrical systems manufacturing facility in Coimbatore, and the expansion of L&T’s Kattupalli shipyard. Together, the projects are expected to generate more than 8,000 jobs across the state. The investments are aimed at strengthening Tamil Nadu’s digital infrastructure, manufacturing ecosystem and maritime capabilities while supporting long-term economic growth.Read more

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Telangana to revise property registration values across state from June 5

08 Jun 2026

The Telangana government will implement revised property registration values across the state from June 5, updating official land and property rates to better reflect prevailing market conditions. The revision, applicable across all sub-registrar offices, follows a comprehensive review of transaction data, infrastructure development and local market trends in both urban and rural areas. The updated rates are expected to influence stamp duty and registration charges while helping align government valuations with current real estate prices and strengthen revenue collections.Read more

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