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%

Top Stories

Fire erupts in electric meter box at Mumbai housing society leading to the rescue of 33 individuals

15 Sep 2023

A fire incident occurred at the Saki Cooperative Housing Society in Andheri East, Mumbai. The fire erupted in the electric meter box, prompting residents to contact the fire brigade. Firefighters swiftly responded, disconnecting the power supply and rescuing 33 people from the building. The cause of the fire is under investigation. Another fire incident affected a city slum, while a cooking gas leak resulted in injuries in Bandra. These incidents emphasize the importance of fire safety and preparedness in densely populated urban areas. Investigations continue to determine the causes, underscoring the need for vigilance and safety measures.Read more

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Redevelopment Wave Sweeps Mumbai: Ajmera Realty joins the fray in Borivali West

15 Sep 2023

Ajmera Realty has secured a lucrative redevelopment project in Borivali's Yogi Nagar, Mumbai, comprising four societies. With an estimated sales value of Rs 330 crore, the project will feature 2 and 3 BHK residential apartments across a carpet area of 1,07,000 sq. ft. Expected to launch in H1 2024, it will take approximately three and a half years to complete. Yogi Nagar, in Borivali West, offers convenient access to numerous amenities, making it an attractive location. Ajmera Realty's focus on modern living in well-established neighbourhoods aligns with their commitment to enhancing the quality of urban life.Read more

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Noida Extension emerges as a prime choice for IT workers and home seekers

15 Sep 2023

Noida Extension, also known as Greater Noida West, is becoming a top choice for IT professionals and first-time homebuyers due to its affordability, proximity to economic hubs, and wide roads. It has a dedicated sector for tech companies and is well-connected to IT hubs along the Noida-Greater Noida Expressway. Affordable property prices, new project launches, and improving infrastructure have attracted middle-class buyers. Property prices in the region have risen steadily, with rental demand increasing as well. However, challenges such as traffic congestion and limited public transport options exist but are expected to improve with planned infrastructure developments.Read more

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Chandigarh envisions iconic landmark structures featuring commercial establishments

15 Sep 2023

Chandigarh's UT administration is set to realize the vision of two "iconic" buildings along Madhya Marg, covering approximately 2.5 acres each. Proposed in the Chandigarh Master Plan (CMP-2031), the finalized volumetric plans are awaiting approval from the Chandigarh Heritage Conservation Committee. These international-standard structures will host commercial and office spaces, along with facilities for international conferences and tourism-related activities. A consultant has meticulously crafted their exterior appearance and floor layouts. This initiative aims to make a significant entry statement to the City Centre, aligning with Le Corbusier's architectural vision for Sector 17.Read more

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Mid-range & premium home demand soars amidst rising prices in HI 2023

15 Sep 2023

Despite rising property prices and interest rate challenges, the ANAROCK Consumer Sentiment Survey reveals a strong 59% preference for mid-range and premium homes in H1 2023. The study, which surveyed 5,218 participants, noted a 10% increase in sentiment for this housing category since H1 2020. Larger 3 BHK homes are gaining popularity, especially in cities like Bangalore and Chennai. However, high inflation and potential interest rate hikes loom as potential threats to the housing market's momentum.Read more

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Sonakshi Sinha expands her Mumbai real estate portfolio with Rs 11 crore luxury apartment

14 Sep 2023

Bollywood actress Sonakshi Sinha has acquired another upscale apartment in Mumbai's Bandra suburb, valued at Rs 11 crore. Located in the prestigious 81 Aureate tower, this is her second purchase in the building, following a Rs 14 crore investment in March 2020. As Bollywood celebrities like Amitabh Bachchan, Kartik Aryan, and Sara Ali Khan continue to invest in Mumbai's luxury real estate, the market sees a surge in high-profile transactions, underscoring the city's allure for the film industry's elite.Read more

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Mumbai's historic Ajantha Bungalow to make way for luxury sea-view apartments for legislators

14 Sep 2023

Mumbai's iconic Ajantha bungalow in Malabar Hill is set for demolition to make way for 12 luxury sea-view apartments. Aimed at providing dedicated residences for key legislative members, six of these apartments will house top officials, while the rest will serve as guest houses for visiting dignitaries. Speaker Rahul Narwekar confirmed the in-principle approval for the project, emphasizing the efficiency of the new construction over maintaining older structures. This initiative seeks to address the accommodation challenges often faced by opposition leaders and other officials.Read more

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Tragic scaffolding collapse claims lives of three migrant workers in Hyderabad

14 Sep 2023

In a heart-wrenching incident, a scaffolding collapse at an under-construction building in Hyderabad leads to the loss of three lives, including two young women, and leaves two others seriously injured. The workers, hailing from Odisha, were labouring on an allegedly unauthorized floor of the multi-story building when the catastrophe occurred. The collapsed scaffolding sent debris raining down, shaking local residents. As investigations continue, authorities are working to identify the building's owner to hold them accountable. The tragic event underscores the dangers faced by migrant laborers and raises questions about construction site safety measures.Read more

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Jaipur's newest residential area grapples with construction-induced problems

14 Sep 2023

Residents of Jagdamba Nagar Extension in Jaipur, a relatively new residential area, are facing numerous challenges due to ongoing construction activities. Over 50% of the plots in the colony are under construction, with builders indiscriminately dumping building materials and parking large vehicles on the colony's roads. This has severely limited the available space and created safety concerns, especially in the absence of streetlights. Additionally, the lack of a proper sewerage system exacerbates the situation, particularly during the rainy season. Local authorities, including the Jaipur Development Authority, are struggling to address these issues due to limited resources and voter representation.Read more

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Lack of safety measures leads to tragic construction accident in Naroda, Ahmedabad

14 Sep 2023

Four builders involved in a tragic construction accident in Naroda, resulting in the deaths of three workers, were arrested and later released on bail. The incident, which occurred at the Fortune Empire construction site, prompted charges under IPC sections 304 (A) and 114 for negligence and abetment. The Bandhakam Majdoor Sangathan has called for strict action against the builders, citing a rising trend in construction accidents due to inadequate safety measures.Read more

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