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

CBI books Ozone Projects, bank officials in homebuyer fraud case

18 Apr 2026

The Central Bureau of Investigation (CBI) has registered a case against Ozone Projects Pvt Ltd, its executives and bank officials in connection with alleged corruption and cheating of homebuyers under a subvention scheme. The action follows directions from the Supreme Court as part of a wider probe into a builder bank nexus. The case pertains to projects where home loans were allegedly disbursed in buyers names, with developers failing to service pre-EMIs as agreed. The development is part of a broader crackdown, with multiple FIRs and searches across states targeting similar practices. The investigation focuses on fund diversion, regulatory violations and financial irregularities affecting homebuyers.Read more

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AGICL MD reviews progress of Amaravati government housing projects

18 Apr 2026

SVR Srinivas, Managing Director of Amaravati Growth & Infrastructure Corporation Limited, reviewed the progress of key residential projects at the Amaravati Government Complex in the past week. The inspection covered MLA and MLC housing towers as well as Ministers bungalows being developed under the People's Capital initiative. He held discussions with contractors and engineering teams, stressing timely completion and adherence to quality standards. The review focused on strengthening coordination and monitoring mechanisms to ensure efficient execution and delivery as planned.Read more

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APCRDA commissioner reviews 30 public grievances at Amaravati headquarters, directs officials for time-bound resolution

18 Apr 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a public grievance redressal session at its headquarters in Rayapudi, Amaravati, where Commissioner V. Vijay Rama Raju, IAS, received petitions from farmers, residents and other stakeholders. Held in the past week, the session recorded a total of 30 grievances relating to land, planning and civic concerns within the capital region. Senior officials across engineering, planning, land administration, survey, legal and social development departments were present during the review. The Commissioner assessed each submission and instructed relevant departments to initiate prompt action to address the issues. The exercise forms part of APCRDA's ongoing administrative mechanism to engage with affected stakeholders and monitor grievance resolution within the Amaravati capital region development framework.Read more

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Karnataka to roll out private-style layouts for SC/ST communities

18 Apr 2026

The Karnataka government is moving ahead with a housing initiative to develop planned residential layouts for Scheduled Caste and Scheduled Tribe communities, adopting a private developer-style model. The pilot will cover nearly 1,000 acres, with initial land parcels already identified in districts such as Belagavi, Ballari and Mysuru. Backed by an allocation of about INR 20 crore under the SCP/TSP scheme, the project focuses on delivering fully serviced plots with infrastructure in place before allotment, addressing long-standing gaps seen in earlier site distribution programmes.Read more

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Land compensation begins for Jeypore rail links after prolonged delays

18 Apr 2026

Land compensation has commenced for the long-pending railway projects connecting Jeypore with Nabarangpur and Malkangiri in Odisha, marking a key step forward after nearly a decade of delays. The projects, announced in the Union Budget 2016-17, involve a 42-km Jeypore Nabarangpur line and a 130-km Jeypore Malkangiri corridor. Authorities have initiated disbursement of compensation funds across multiple villages in Koraput district, with INR 37 crore released for affected areas. The projects require land acquisition across dozens of villages and are aimed at improving connectivity in tribal and remote regions. The move is expected to accelerate stalled execution timelines and support broader infrastructure development in southern Odisha.Read more

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Deadlines set for drainage works to prevent monsoon waterlogging

18 Apr 2026

Authorities have imposed strict timelines for completing drainage and urban infrastructure works to prevent waterlogging during the upcoming monsoon season. The directives include desilting of drains, repair of damaged sewer lines, and clearance of encroachments across identified flood-prone zones. The move follows recurring incidents of urban flooding in previous years, prompting agencies to prioritise time-bound execution of pre-monsoon works. Officials have been instructed to ensure coordination across departments and complete all critical interventions before the onset of heavy rainfall. The initiative is aimed at improving stormwater management capacity, reducing disruption to urban mobility, and strengthening resilience in vulnerable areas through targeted infrastructure upgrades.Read more

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Jharkhand Housing Board cancels trade licences in residential colonies, triggering enforcement action against commercial use

18 Apr 2026

The Jharkhand State Housing Board (JSHB) has directed the cancellation of trade licences issued to commercial establishments operating within residential colonies in Ranchi, following regulatory directions to enforce land-use norms. The move, reported in the past week, affects areas such as Bariatu, Argora and Harmu, where large-scale commercial activity has emerged over time. The action is aligned with a Supreme Court directive requiring states to identify and act against unauthorised commercial use in residential zones. Municipal authorities have begun surveys and issued notices, while halting new licence approvals. The decision has raised concerns among traders, many of whom depend on these establishments for livelihood, and highlights the challenges of balancing zoning compliance with evolving urban economic activity.Read more

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India’s infrastructure push drives higher demand for digital twin technology

17 Apr 2026

India's infrastructure expansion is leading to increased demand for digital twin technology, according to Bentley Systems. The company noted that large and complex projects across transport, utilities and urban development are encouraging the use of data-driven tools. Digital twins help improve planning, execution and long-term asset management through real-time monitoring and predictive insights. Interest is rising among both government bodies and private developers. However, issues such as data integration, lack of standardisation and shortage of skilled professionals continue to limit faster adoption across the sector.Read more

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Over 45,000 Nashik homes occupied without completion certificates

17 Apr 2026

Over 45,700 residential properties in Nashik are being occupied without mandatory building completion and occupancy certificates from the Nashik Municipal Corporation. Identified largely during a past property survey, these units have already been brought under the tax net despite non-compliance. The highest concentration is seen in Nashik Road, Panchavati and Cidco areas. The city's total property base has grown sharply in recent years, driven by redevelopment and urban expansion. The situation highlights gaps in enforcement, even as civic authorities continue to collect revenue from such properties.Read more

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Indore civic body demolishes 16 illegal row houses in crackdown on unauthorised colonies

Indore News Desk

17 Apr 2026

The Indore Municipal Corporation intensified its action against illegal colonies by demolishing 16 unauthorised row houses in Anjani Nagar and Jagdish Nagar. The constructions were carried out without approvals and included illegal internal infrastructure such as roads and drainage. The civic body also raised concerns over fraudulent sales, where such properties are sold to unaware buyers. The action is part of a wider effort to control unplanned growth, as several unauthorised colonies in the city continue to face scrutiny due to lack of clear titles and planning violations.Read more

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