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

NHAI mandates staggered work hours and safety protocols for highway workers amid heatwave conditions

01 May 2026

The National Highways Authority of India (NHAI) has issued directives to contractors and concessionaires to implement staggered working hours for highway construction workers to avoid peak heat periods between midday and late afternoon. The guidelines, released in the past week, introduce mandatory safety protocols across construction sites, maintenance operations, and toll plazas. Measures include worker acclimatisation, emergency preparedness, and training to handle heat-related illnesses. The move follows rising temperatures across the country and aims to safeguard labourers and highway personnel while maintaining operational continuity across national highway projects.Read more

cover photo

Bombay High Court permits housing society to appoint new developer after long delay

Mumbai News Desk

01 May 2026

The Bombay High Court has allowed a Wadala-based housing society to appoint a new developer after its redevelopment project remained stalled for several years. The court rejected the original developer’s plea to stop the move, observing that there was no meaningful progress despite being appointed long ago. The project involves 46 buildings and nearly 900 occupants. The court emphasised that residents cannot be made to wait indefinitely for redevelopment, especially in ageing structures, and said their right to timely and safe housing must take priority over a developer’s commercial interests.Read more

cover photo

Loliem villagers oppose proposed multi-dwelling projects, raise environmental and planning concerns

01 May 2026

Residents of Loliem in Goa have opposed a proposed multi-dwelling residential development, raising concerns over its scale, environmental impact, and implications for local infrastructure. The resistance was formalised through a gram sabha resolution passed recently, where villagers rejected a proposal involving multiple housing units, including a villa-based development. While the project has reportedly secured technical clearances, residents have asserted local authority over land-use decisions. The opposition reflects broader tensions in Goa’s coastal and peri-urban regions, where increasing development activity is being contested on grounds of ecological sensitivity, carrying capacity, and preservation of traditional village character.Read more

cover photo

Nashik civic body moves to cancel 26 layouts amid MHADA housing irregularities probe

01 May 2026

The Nashik Municipal Corporation has initiated action to cancel 26 tentative layouts as part of an ongoing probe into alleged violations linked to a MHADA housing irregularities case. The move follows findings by the land records department and investigations into non-compliance with mandatory Economically Weaker Section (EWS) housing norms. The action forms part of a broader crackdown involving police cases against developers and scrutiny of multiple housing projects. Authorities indicated that the cancellations are intended to address discrepancies in layout approvals and ensure adherence to planning and housing regulations.Read more

cover photo

Gurugram police arrest CKC Infra director in INR 5.5 crore real estate fraud case

01 May 2026

Gurugram Police have arrested two individuals, including a director of CKC Infra Company, for allegedly defrauding investors through fake real estate projects in Gurugram and Noida. The accused reportedly used forged documents and false assurances to raise nearly INR 5.5 crore. The land shown to investors, particularly near Aparna Ashram, was under dispute and in government possession, making development impossible. The case also involves falsified agreements and diversion of funds. Authorities are continuing their investigation to trace more victims and examine the financial trail linked to the fraud.Read more

cover photo

Delhi court orders framing of charges against 3C Shelters directors in Greenopolis case

01 May 2026

A Delhi court has directed the framing of charges against the directors of Three C Shelters Pvt Ltd in connection with the delayed Greenopolis housing project in Gurugram. The case relates to allegations of cheating, forgery and criminal conspiracy raised by homebuyers, following a complaint registered by the Economic Offences Wing in 2017. Buyers claimed they were misled on delivery timelines and project progress. The project, developed with Orris Infrastructure, has remained incomplete for years, leaving many buyers under financial stress due to continued EMI and rental obligations.Read more

cover photo

Pune civic body clears new Metro routes to improve connectivity in peripheral areas

01 May 2026

Pune Municipal Corporation has approved proposals for multiple new Metro routes aimed at improving connectivity across Pune’s peripheral areas. The approved corridors include stretches such as Khadakwasla–Donaje, Katraj–Khed Shivapur, Katraj–Undri, and Wagholi–Lonikand. These routes are intended to link emerging residential and peri-urban zones with the city’s core and future infrastructure networks, including the proposed ring road. The proposals will now be forwarded to Maha Metro for preparation of detailed project reports. The move comes amid rising demand for transport infrastructure in newly developing micro-markets and is expected to support urban expansion and mobility planning.Read more

cover photo

ED attaches assets worth over INR 1,100 crore linked to Raheja Developers in homebuyer fraud probe

30 Apr 2026

The Enforcement Directorate has provisionally attached assets valued at over INR 1,100 crore belonging to Raheja Developers, its promoters, and related entities in connection with a money-laundering investigation linked to alleged fraud against homebuyers. The action follows recent searches and stems from multiple FIRs filed by the Economic Offences Wing. The agency has alleged diversion of funds collected from over 4,600 buyers across residential projects. Raheja Developers has denied the allegations, citing a RERA-supervised forensic audit and attributing project delays to infrastructure gaps in Gurugram.Read more

cover photo

FIR ordered in INR 87 crore Borivali land compensation case

Mumbai News Desk

30 Apr 2026

The Maharashtra government has ordered an FIR in the INR 87 crore Borivali land compensation case involving alleged wrongful payout to a private builder. The land, owned by the Devrukhkar family and reserved for a public garden, became the centre of dispute after compensation was reportedly released based on questionable documents. Earlier reviews had flagged procedural lapses, with part of the amount already recovered. The case highlights issues in land acquisition processes, disputed ownership claims, and accountability of officials involved in approving and disbursing compensation.Read more

cover photo

ED attaches additional INR 3,034 crore assets linked to Reliance Anil Ambani Group probe

30 Apr 2026

The Enforcement Directorate has provisionally attached assets worth INR 3,034 crore linked to companies under the Reliance Anil Ambani Group as part of its ongoing money laundering investigation. The properties include real estate holdings across Maharashtra and Gujarat, along with equity shares of Reliance Infrastructure. With this latest action, the total value of assets attached in the case has reached INR 19,344 crore. The probe relates to alleged bank fraud and diversion of funds, and continues to expand as the agency traces financial transactions and linked properties.Read more

cover photo