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

Mangaluru City Police call on landlords for thorough tenant background checks

29 Jun 2023

DCP (crime and traffic) BP Dinesh Kumar has urged landlords in Mangaluru to conduct thorough background checks on prospective tenants. The Mangaluru City police have organized public grievance redressal meetings to address community concerns and implement initiatives, including the goal of eliminating drug-related issues from the city. The police have assured confidentiality for informants and emphasized the importance of public involvement in promoting social responsibility.Read more

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Mumbai’s luxury real estate market shows promising signs as unsold inventory of high-end homes declines

29 Jun 2023

The luxury real estate market in Mumbai is experiencing a positive trend as the unsold inventory of high-end homes witnesses a notable decline. Factors such as favorable policy reforms, including GST and RERA, along with improved economic conditions, have contributed to increased demand for luxury properties. Developers have made strategic adjustments, offering flexible payment plans and attractive discounts to entice buyers. While challenges like high land acquisition costs persist, experts predict a gradual recovery in the luxury real estate market as sustained demand and improving economic indicators create a brighter future.Read more

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Bhopal civic body races to identify unsafe buildings before monsoon

28 Jun 2023

The Bhopal Municipal Corporation (BMC) has directed ward officials to promptly report any developments that pose a threat to public safety. According to the 2011 census, approximately 2.8% of housing in the state capital is in a dilapidated condition. This instruction aims to ensure that any structures posing risks to the public are identified and addressed before the onset of monsoon. The BMC is actively striving to red-flag these deteriorating buildings, highlighting the importance of monitoring and maintenance to safeguard the well-being of residents in Bhopal.Read more

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Building tilt in DLF 3 prompts evacuation, revealing unauthorized construction violations

28 Jun 2023

Approximately 20 residents were forced to evacuate a five-storey building in DLF 3, Haryana, after it started tilting, potentially due to nearby excavation work. The building's owner received a notice for unauthorized construction, while the owner of the adjacent plot was called upon for excavation without professional oversight. The tilted building is currently supported by cranes. Violations of building codes and illegal construction have been a recurring issue in the area, leading to concerns about safety and strain on civic infrastructure. Authorities are taking action and urging strict enforcement of regulations to prevent future violations and protect residents.Read more

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Mahindra Lifespaces launches "crafting life" campaign

27 Jun 2023

Mahindra Lifespace Developers Limited, the real estate and infrastructure development arm of the Mahindra Group, has recently launched an exciting new campaign that encapsulates their brand promise of "Crafting Life." This campaign serves to emphasize the brand's unwavering dedication to meticulous design and construction, showcasing the painstaking attention to detail and thoughtful consideration that goes into creating spaces that nurture customers' dreams and aspirations in the long run.Read more

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CSMC Launches Safety Initiative: structural audits for aging buildings

27 Jun 2023

The Chhatrapati Sambhajinagar Municipal Corporation (CSMC) in Aurangabad has announced its plan to conduct structural audits of buildings over 30 years old to address concerns about their safety. This decision comes in response to persistent demands from activists advocating for urgent measures. Property owners will be urged to conduct audits, and in cases of non-compliance, the CSMC will conduct audits and recover expenses from the owners. This proactive approach demonstrates the civic body's commitment to citizen well-being and sets an example for other municipalities.Read more

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Nagpur Municipal Corporation faces challenges with high-rise buildings and firefighting capabilities

27 Jun 2023

The Nagpur Municipal Corporation (NMC) has granted clearance to 46 high-rise buildings exceeding 40 meters in height, despite the firefighting team's maximum reach of 42 meters. This poses a challenge for the NMC's fire department, as they lack the necessary equipment for tall buildings. To address this, the NMC has proposed acquiring a 70-meter hydraulic platform, which has been approved in the upcoming budget. The NMC advises developers to prioritize firefighting systems in high-rise buildings and mandates regular drills for occupied structures. These measures aim to enhance safety in Nagpur's vertical growth trend.Read more

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FICCI and JLL India advocate for broker training and certification

26 Jun 2023

FICCI and JLL India have jointly called for the establishment of formal training and certification programs for property brokers in India. The white paper presented by FICCI emphasizes the need for government collaboration, education initiatives, and accredited courses to improve skills, income, and employment opportunities for brokers. The report highlights the increasing number of broker registrations under the RERA law and emphasizes the crucial role of brokers in the expanding real estate sector. The proposed training programs would focus on current regulations, communication, marketing skills, and digital tools, enabling brokers to establish themselves as industry specialists.Read more

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Chandigarh residents protest suspension of share-wise property transfer

26 Jun 2023

Residents of Chandigarh protested at Sukhna Lake against the suspension of share-wise property transfer in the city. The Chandigarh administration issued a notification in March 2023, halting the transfer of properties on a share-wise basis. This has caused difficulties for property owners who are unable to sell or purchase their shares. The Chandigarh Property Shareholders' Welfare Association members expressed their intention to pursue contempt proceedings against the officers of the administration and send a legal notice for contempt of court orders.Read more

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Indore Municipal Corporation (IMC) takes down 21 old and unsafe houses

26 Jun 2023

To ensure public safety before the monsoon season, the Indore Municipal Corporation (IMC) in India demolished 21 dilapidated and dangerous structures in zone 8 of the city. Both residents and bystanders were in danger due to the over 50-year-old buildings. In order to widen the route between Raoji Bazaar police station and Sonkar Dharamshala and relieve traffic congestion in the region, the IMC also identified over 100 obstacles in the form of portions of residential and commercial structures that needed to be demolished. The IMC has requested cooperation from property owners in order to protect public safety.Read more

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