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

BMC to prepare local area plans around Metro 3 stations for better urban planning

Mumbai News Desk

19 Mar 2026

The Brihanmumbai Municipal Corporation has proposed preparing Local Area Plans (LAPs) for neighbourhoods around all 27 stations of Mumbai Metro Line 3 to improve land use, traffic management, and infrastructure planning. The first phase will cover four stations at a cost of about INR 1.37 crore. The study will include surveys, satellite mapping, and infrastructure assessments. The plans aim to guide development, improve last-mile connectivity, and ensure better integration of transport and urban growth. The full exercise is expected to be completed by 2028.Read more

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Vartak Nagar residents allege TMC and MHADA actions left 127 families without proper rehabilitation

19 Mar 2026

Around 127 families from Vartak Nagar in Thane have alleged that actions by TMC and MHADA during a redevelopment project denied them proper rehabilitation. The issue stems from older housing meant for project-affected persons, where official records were allegedly altered to classify occupants as civic staff. This affected eligibility and reduced flat sizes from earlier approved norms. While redevelopment has been completed, several residents claim they either received smaller units with restrictions or are still awaiting allotment, raising concerns about documentation, transparency, and fairness in the process.Read more

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Council sees uproar over delay in INR 10,900 crore dues to Mumbai civic body

Mumbai News Desk

19 Mar 2026

A disruption in the Maharashtra Legislative Council brought attention to pending dues of over INR 10,900 crore owed to the Brihanmumbai Municipal Corporation. The issue highlights rising financial stress on the civic body, which is handling liabilities exceeding INR 2.32 lakh crore while continuing major infrastructure spending. A large share of pending funds is from the education department, followed by housing and other agencies. The state government has assured phased payments with a small immediate release, but concerns remain over delays and the absence of a clear disbursal timeline.Read more

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Bombay high court brings closure to 76-year property dispute over Pune land

Mumbai News Desk

19 Mar 2026

The Bombay High Court has ended a property dispute that continued for more than seven decades between heirs of landowner MMH Janmohamed. The case, which began soon after India's Constitution came into force, involved two valuable properties in Pune, including a parcel on Deccan College Road and a large tract in Yerawada. Over the years, several claims emerged, including those from the heirs of a former manager and a party citing adverse possession. With compensation for one acquired plot already distributed decades ago, the court has now ordered the division of the remaining one-acre land among the rightful heirs.Read more

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GLADA issues notices to 43 Ludhiana property owners for unauthorised construction

Ludhiana News Desk

18 Mar 2026

The Greater Ludhiana Area Development Authority (GLADA) has intensified its efforts against unauthorised construction in the Shaheed Sukhdev Singh Nagar colony and nearby residential areas. Notices have been issued to 43 property owners for converting residential plots into commercial structures like shops and medical facilities without proper approvals. The authority has begun cancelling sanctioned building plans and is considering stricter actions, including property sealing and demolition. Residents and buyers are urged to verify approvals on the official website before purchasing property to avoid violations and legal issues.Read more

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Andhra Pradesh RERA makes registration mandatory for large housing projects

18 Mar 2026

Andhra Pradesh's RERA has directed all housing projects exceeding 500 square metres or having more than eight apartments to register with the authority before marketing or sales. This step is aimed at increasing transparency and safeguarding homebuyers interests. Non-compliant projects face penalties up to 10% of the project cost, though a transitional window allows unregistered projects to complete registration by the end of this month with a 50% penalty reduction. Builders are also required to submit quarterly progress reports, establish apartment associations, and comply with RERA norms for financial approvals and legal protection.Read more

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Telangana RERA fines Bharathi Builders INR 4.74 crore for illegal pre-launch sales

18 Mar 2026

The Telangana Real Estate Regulatory Authority (TG-RERA) imposed a total penalty of about INR 4.74 crore on Bharathi Builders Pvt Ltd for collecting funds from homebuyers through pre-launch offers without registering the Bharathi Lake View Apartments project in Kompally under RERA. The developer accepted payments despite not starting construction or obtaining mandatory approvals. TG-RERA declared the company a defaulter promoter and directed a full refund with applicable interest within 60 days. The authority also emphasized the risks of investing in unregistered projects and called for strict compliance with RERA regulations.Read more

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Gadkari calls for greater use of municipal waste in road construction to conserve natural resources

18 Mar 2026

Nitin Gadkari has advocated increased utilisation of municipal and legacy waste in road construction to reduce dependence on natural resources. Speaking at an event in New Delhi, he indicated that the government has already processed around 80 lakh tonnes of waste, including material from landfill sites such as Ghazipur landfill. The processed waste has been deployed in infrastructure projects including the Delhi-Mumbai Expressway and Delhi-Dehradun Expressway. The initiative is positioned as a step towards sustainable construction practices while addressing urban waste management challenges.Read more

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MHADA to accelerate redevelopment of ageing housing layouts in Mumbai, Pune and Nashik

18 Mar 2026

The Maharashtra Housing and Area Development Authority (MHADA) is planning to push redevelopment of several ageing housing layouts across Mumbai, Pune and Nashik to improve housing conditions and create additional supply in established urban areas. Many of these layouts are over four decades old and require redevelopment to upgrade infrastructure and living standards. At the same time, MHADA is working on a rental housing policy aimed at improving access to accommodation in cities. Strong response to housing lotteries and higher redevelopment premiums have improved the authority's financial position, enabling it to expand redevelopment and housing initiatives across Maharashtra.Read more

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Pune housing society managing committee dissolved after member denied access to documents

Pune News Desk

18 Mar 2026

The cooperative department in Pune has dissolved the managing committee of a housing society in Lohegaon after it failed to provide documents requested by a member despite repeated directions from authorities. The complaint involved denial of access to financial and administrative records such as audit reports, account statements, and income-expenditure details. After reviewing the matter, the Deputy Registrar of Cooperative Societies removed all 18 committee members and placed the society under administrative supervision. The action highlights the legal obligation of cooperative housing societies to maintain transparency and provide records to members when formally requested.Read more

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