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

Centre amends smart meter regulations to expand prepaid and open access metering framework

26 May 2026

• The Central Electricity Authority has notified amendments to the Installation and Operation of Meters Regulations, 2026.
• The revised norms mandate smart meters in areas with communication networks and permit prepaid meters in non-network regions.
• The amendments also introduce updated provisions for open access consumers and advanced metering infrastructure interoperability requirements.
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Thiruvananthapuram airport expansion awaits environmental clearance review

26 May 2026

• Thiruvananthapuram International Airport’s expansion project has moved to the environmental clearance review stage before major redevelopment work can begin.
• The proposed expansion includes Terminal 2 redevelopment, parking facilities, commercial spaces and infrastructure upgrades under Project Anantha.
• Delays in the approval process are linked to the expiry of Kerala’s State Environment • Impact Assessment Authority tenure and procedural reviews.
• Adani Airport Holdings is leading the airport modernisation plan to increase passenger handling capacity and improve regional connectivity.
• The airport redevelopment is also expected to support tourism, cargo movement and integration with the nearby Vizhinjam International Seaport.
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LDA plans INR 110 crore redevelopment of ageing Indira Nagar housing complex in Lucknow

Lucknow News Desk

26 May 2026

The Lucknow Development Authority (LDA) is planning to redevelop an old residential complex in Indira Nagar with an estimated investment of INR 110 crore as part of its urban redevelopment strategy in Lucknow. The nearly 40-year-old housing complex has witnessed structural deterioration over the years, prompting the authority to replace the existing low-rise buildings with modern high-rise apartments and upgraded civic infrastructure. The project is expected to improve housing conditions, optimise land use and strengthen infrastructure in one of Lucknow’s most established residential areas. The redevelopment also aligns with LDA’s larger focus on modern housing projects and vertical urban expansion across the city.Read more

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Mapusa municipal council identifies 49 dangerous buildings ahead of monsoon

Goa News Desk

26 May 2026

The Mapusa Municipal Council has identified 49 dangerous and structurally weak buildings ahead of the monsoon season as part of its annual public safety inspection drive. The survey was conducted to reduce risks linked to old and dilapidated structures during heavy rainfall. Civic officials are expected to issue notices to property owners for repairs, evacuation or demolition wherever necessary. The move comes as several cities across Goa and western India continue to strengthen pre-monsoon building audits following past incidents of building collapses and structural failures during the rainy season.Read more

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Jaipur residential areas face commercialisation concerns after UDH notification

26 May 2026

• Jaipur residents and urban planners have raised concerns over a new UDH notification allowing wider commercial activities in residential areas across the city.
• Experts believe the move could increase traffic congestion, parking shortages and pressure on civic infrastructure in housing colonies.
• Officials have warned that hotels, shops and commercial establishments in residential zones may affect the planned character of local neighbourhoods.
• The notification has also triggered legal concerns as courts have earlier stressed the need to protect zoning rules and master plan regulations.
• The development comes amid growing scrutiny over commercial misuse of residential properties in Jaipur and other major Indian cities.
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Jaipur tilted building case raises concerns over unsafe structures in old city areas

25 May 2026

• Jaipur civic authorities issued a 48-hour demolition notice to the owner of a dangerously tilted five-storey building in the Ramganj area.
• Residents living inside and around the structure were evacuated as a precautionary measure due to fears of collapse.
• The incident has renewed concerns over ageing buildings, unauthorized construction, and weak structural monitoring in Jaipur’s old city.
• Officials warned that the administration could carry out the demolition if the owner fails to comply within the deadline.
• Similar incidents involving unsafe residential structures have previously triggered safety concerns in densely populated parts of Jaipur.
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Dehradun shuts 103 homestays over safety violations and illegal commercial operations

25 May 2026

• Dehradun administration cancelled registrations of 103 homestays during an inspection drive across the district.
• Authorities found violations related to fire safety, guest record management, food licences and illegal commercial usage.
•Several homestays were allegedly operating as hotels, party venues and bars instead of owner-managed residential properties.
• The crackdown was carried out under ‘Operation Safai’ amid rising complaints linked to crime, public nuisance and traffic violations.
• Officials have started removing non-compliant properties from Uttarakhand Tourism listings while inspections continue in other areas.
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ED arrests Punjab real estate developer in Mohali land fraud and CLU approval case

25 May 2026

The Enforcement Directorate (ED) has arrested Punjab-based real estate developer Ajay Sehgal in a money laundering investigation linked to alleged forged consent letters used to obtain Change of Land Use (CLU) approvals for projects in Mohali. The probe involves projects including Suntec City, La Canela and District 7, with transactions estimated at over INR 200 crore. Authorities alleged that fake signatures and thumb impressions of landowners were used during the approval process. The investigation has also expanded to examine the possible role of officials connected to project clearances and land-use permissions in Punjab’s fast-growing real estate market.Read more

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MHADA reviews progress of affordable housing projects in Kalyan taluka

25 May 2026

MHADA has reviewed the progress of multiple affordable housing projects underway in Kalyan taluka under PMAY and regional housing schemes, including developments at Shirdhon and Khoni. The review focused on construction status, infrastructure connectivity, pending approvals and occupancy-related challenges affecting project execution. Officials also assessed the impact of major infrastructure projects, including the proposed Virar–Alibaug Multimodal Corridor, on planned housing layouts in the region. The exercise forms part of MHADA’s broader strategy to accelerate affordable housing delivery and improve residential infrastructure across the Mumbai Metropolitan Region.Read more

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UP RERA tightens rules on project funds, bans assured return schemes for builders

25 May 2026

• UP RERA has barred developers from using homebuyers’ funds in assured return schemes.
• All RERA-registered projects must now operate through three dedicated bank accounts.
• At least 70% of homebuyers’ money will be routed daily into a separate account for construction use.
• Withdrawals will require certification from an architect, engineer, and chartered accountant.
• The regulator aims to strengthen transparency and prevent diversion of project funds.
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