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

Namma Metro Phase 3A: Hebbal-Sarjapur Line receives government approval

21 Oct 2024

The Urban Development Department has greenlit the Namma Metro Phase 3A project, connecting Hebbal to Bengaluru's tech hub in Sarjapur over a 37-kilometer route. Pending Union Cabinet funding approval, the project's cost has risen from INR 16,500 crore to INR 27,000 crore following a detailed project report (DPR) assessment. This line will feature 28 stations with both elevated and underground sections, providing vital links through areas like Koramangala, KR Circle, and Hebbal. Additionally, the BMRCL plans a sports and cultural complex above the Shivajinagar Metro station, inspired by international metro designs. With Phase 3A's approval, Bengaluru's infrastructure will see enhanced connectivity, easing traffic congestion and boosting urban development.Read more

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New Thane Creek Bridge opens, easing Navi Mumbai commute for thousands

21 Oct 2024

Motorists travelling to and from Navi Mumbai received significant relief with the opening of the northbound Thane Creek Bridge. Inaugurated by Chief Minister Eknath Shinde, this bridge is part of a broader project that includes the construction of seven additional bridges along the Coastal Highway, aiming to connect Mumbai with the Maharashtra-Goa state border. Once complete, these bridges are expected to enhance traffic flow, reduce congestion, and improve travel times for the region's residents and tourists.Read more

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Mumbai Metro launches WhatsApp Ticketing service for enhanced commuter experience

18 Oct 2024

Maha Mumbai Metro Operations Corporation Ltd. has unveiled a groundbreaking WhatsApp-based ticketing service, aimed at enhancing commuter convenience and efficiency. Inaugurated by women commuters during the Navratri celebrations, this service is available on Metro Lines 2A and 7. It enables passengers to purchase tickets effortlessly through WhatsApp, fostering digital adoption and promoting eco-friendly practices. Commuters can generate multiple tickets in one transaction, making group travel even more convenient.Read more

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PM Modi celebrates Gati Shakti's success in streamlining India's infrastructure development

18 Oct 2024

Prime Minister Narendra Modi has praised the achievements of the PM Gati Shakti National Master Plan for Multimodal Connectivity, which has significantly enhanced infrastructure efficiency over the past three years. Launched in October 2021, the initiative integrates various infrastructure schemes from different ministries and state governments, improving seamless movement of goods and addressing supply chain bottlenecks. The plan has identified numerous infrastructure gaps and aims to develop sustainable solutions, ultimately fostering entrepreneurship and innovation across India.Read more

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Madhya Pradesh launches "Sampada-2.0" for e-registration and e-stamping of property documents

18 Oct 2024

Chief Minister Mohan Yadav inaugurated the "Sampada-2.0" project, a new technology-driven system for e-registration and e-stamping of property documents in Madhya Pradesh. The initiative aims to simplify the property registration process, allowing citizens to complete transactions online from within the state, outside it, or even abroad. This digital system is designed to save time, reduce unnecessary fees, and eliminate corruption. Yadav emphasized that "Sampada-2.0" aligns with Prime Minister Modi's vision of making daily life easier through technology, and he expressed confidence that this innovation will set a benchmark for the entire country.Read more

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Lucknow: LDA streamlines mutation process for faster property transfers

17 Oct 2024

The Lucknow Development Authority (LDA) has streamlined its property mutation process to address delays and meet the 60-day completion mandate. Key changes include allowing the property section to verify online fee payments directly, assigning specific responsibilities to officials and implementing a more efficient workflow. The new system involves rapid assignment of applications, timely reviews by planning assistants, and quicker decision-making by property officers. For inheritance cases, a streamlined publication and review process has been established. These improvements aim to reduce processing times, enhance efficiency and provide better service to property owners acquiring residential or commercial properties in LDA schemes.Read more

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Kochi Metro Phase II: Land approved for new SEZ and Chittethukara stations on Pink Line

17 Oct 2024

Kochi Metro Rail Ltd (KMRL) will soon begin constructing two new stations-Cochin SEZ and Chittethukara-on the Phase II Pink Line, connecting JLN Stadium to Kakkanad. The land acquisition process for these stations has been approved, with a total of 0.416 hectares to be acquired. The Pink Line, featuring 11 stations, has a project cost of INR 1,957.05 crore. Construction work on Infopark station has already started, and the viaduct contract has been awarded to Afcons for INR 1,141.32 crore, with a completion timeline of 20 months.Read more

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Mumbai's light vehicle toll waiver set to enhance real estate appeal in key suburbs

17 Oct 2024

Ahead of the Maharashtra Assembly elections, Chief Minister Eknath Shinde has announced that light motor vehicles will be exempt from toll fees at five Mumbai toll booths starting midnight, October 15. This decision aims to benefit over 600,000 daily commuters, particularly light vehicles. The toll exemption is expected to enhance the real estate market in suburbs like Thane, Airoli, and Vashi, making them more attractive to homebuyers.Read more

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Union Cabinet approves INR 4,406 crore road project in Rajasthan & Punjab to boost border area infrastructure

16 Oct 2024

On October 9, the Union Cabinet approved a major infrastructure project to construct 2,280 km of roads in Rajasthan and Punjab, with an investment of INR 4,406 crore. This initiative aims to enhance connectivity and livelihoods in remote and rural areas along the India-Pakistan border. The project focuses on improving transportation links to facilitate access to essential services like healthcare and education, reducing travel times, and integrating these regions into the national highway network. Additionally, the plan includes upgrading telecom connectivity and water supply, reflecting a shift in the government's approach to these areas as vital components of the nation.Read more

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UPRERA cracks down on conditional possession, introduces QR codes to enhance real estate transparency in Uttar Pradesh

16 Oct 2024

The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has introduced reforms to protect homebuyers and enhance transparency in the real estate sector. A major change is the ban on "conditional" possession, where developers hand over incomplete properties to buyers. UPRERA now mandates that developers can only transfer possession when all promised amenities are completed. Additionally, a QR code system for each registered project has been introduced, allowing buyers to verify project details easily. UPRERA is also addressing non-compliance issues and working to revive stalled projects, further reinforcing its commitment to safeguarding homebuyer interests and promoting transparency.Read more

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