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

APCRDA holds workshop to make Amaravati a more accessible and inclusive city

24 May 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) recently conducted a workshop focused on developing Amaravati as an accessible and inclusive capital city. The session brought together more than 80 architects, planners, engineers, consultants, accessibility experts and government officials to discuss universal design, inclusive infrastructure and barrier-free urban planning. Experts from institutions including LV Prasad Eye Institute, Surbana Jurong, DP Architects Singapore and Ekansh Trust shared global practices and practical solutions for accessible public spaces. The workshop also included an access audit exercise and discussions on creating equitable urban systems for people of all ages and abilities.Read more

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APCRDA holds Grama Sabha in Krishnayapalem to discuss Amaravati land pooling and village infrastructure

24 May 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a Grama Sabha in Krishnayapalem as part of the ongoing land acquisition and infrastructure development process for Amaravati. Officials informed villagers that land acquisition notices were issued after multiple discussions with farmers who had not joined the Land Pooling Scheme (LPS), while also clarifying that eligible landowners still have time to opt for the scheme. The meeting also focused on village infrastructure issues, including drinking water supply and dust pollution caused by construction vehicles. APCRDA said special engineering teams would be formed to improve civic and LPS infrastructure across Capital Region villages.Read more

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Amaravati villages’ issues to be addressed on priority, says APCRDA Commissioner

23 May 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) held a Gram Sabha in Venkatapalem to discuss land acquisition and development activities linked to the Amaravati capital project. APCRDA Commissioner V. Vijayaramaraju said unresolved issues in capital villages would be taken up on priority and assured villagers that regular meetings would continue. Officials clarified that farmers whose lands fall under acquisition notifications can still opt for the Land Pooling Scheme (LPS) within the prescribed timeline. The authority also announced plans for village-wise infrastructure teams, night patrolling, road connectivity improvements and quality monitoring of construction works with support from IIT Madras experts.Read more

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Ladakh gives industry status to hotels and guest houses to reduce operating costs

23 May 2026

• Ladakh administration has granted industry status to registered hotels and guest houses, effective from June 1, 2026.
• Hospitality units will now get industrial electricity and water tariffs instead of higher commercial rates.
• The decision will benefit over 1,250 hotels and guest houses across Leh and Kargil.
• Hotels and guest houses will also become eligible for subsidies, concessional loans and property tax exemptions.
• The move is expected to support tourism infrastructure, improve business viability and encourage investment in Ladakh’s hospitality sector.
Read more

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UP RERA directs banks to enforce revised norms for real estate project accounts

23 May 2026

Uttar Pradesh Real Estate Regulatory Authority has directed banks and developers to ensure that homebuyers’ funds deposited in mandatory RERA escrow accounts are not used for assured return or guaranteed income schemes. The regulator said several developers were diverting project funds towards financial commitments unrelated to construction, affecting execution timelines and buyer interests. UP RERA stated that escrow funds can only be utilised for construction and land costs under the Real Estate (Regulation and Development) Act, and asked banks to strengthen monitoring and compliance with revised fund utilisation norms.Read more

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NMMC declares 504 buildings dangerous across Navi Mumbai

23 May 2026

The Navi Mumbai Municipal Corporation has identified 504 dangerous buildings across its jurisdiction for 2026-27 following a department-wise structural survey conducted under Section 264 of the Maharashtra Municipal Corporation Act. Of these, 52 buildings have been classified under the highly dangerous C-1 category requiring immediate evacuation and demolition. The civic body has warned residents against continuing residential or commercial use of unsafe structures, especially during the monsoon season, citing risks to life and property. The complete list has been made available on the corporation’s official website along with category-wise details and occupancy status.Read more

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Supreme Court upholds INR 127 crore liability on Vedanta subsidiary in Punjab power dispute

23 May 2026

Vedanta Ltd’s subsidiary Talwandi Sabo Power Ltd (TSPL) has been directed by the Supreme Court to pay around INR 127 crore plus late payment surcharge to Punjab State Power Corporation Ltd (PSPCL). The decision restores an earlier order by the Punjab State Electricity Regulatory Commission (PSERC) after overturning a ruling by the Appellate Tribunal for Electricity (APTEL). The case concerns a penalty linked to alleged misdeclaration of power availability in January 2017 under the Grid Code. TSPL operates a 1,980 MW coal-based plant in Punjab and supplies full generation to PSPCL.Read more

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India’s RERA-registered real estate agent base crosses 100,000 in 2025 amid continued sector formalisation: eXp Realty India

23 May 2026

eXp Realty India has reported that the number of RERA-registered real estate agents in India crossed 100,000 in 2025, reflecting continued expansion and formalisation within the country’s brokerage sector. Based on an analysis of Ministry of Housing and Urban Affairs (MoHUA) data between 2018 and 2025, the report found that the registered agent base increased from 27,073 in 2018 to 105,712 in 2025, representing growth of 19.1% in the latest period alone. The company stated that the rise in registrations indicates increasing participation in organised brokerage activity following the implementation of the Real Estate (Regulation and Development) Act. The report also highlighted growing adoption of technology-led and platform-based brokerage models as agents seek operational flexibility, digital tools and wider market access across India’s expanding real estate sector.Read more

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Karnataka Lokayukta uncovers alleged INR 29 crore PMAY scam in Belagavi housing projects

23 May 2026

The Karnataka Lokayukta has uncovered alleged financial irregularities worth over INR 23 crore in Pradhan Mantri Awas Yojana (PMAY-Urban) housing projects in Belagavi district. The investigation relates to PMAY houses developed in Ramdurg town, where officials and contractors allegedly cleared fake bills and inspection records despite several homes remaining incomplete. Authorities found that around INR 29.45 crore was released for the project between 2019 and 2024, while construction material worth only about INR 6.1 crore reportedly reached beneficiaries. Multiple raids were conducted across Karnataka and documents linked to project approvals, inspections and billing were seized for further investigation.Read more

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Telangana RERA chairman N Satyanarayana resigns citing health concerns after three-year tenure

23 May 2026

Telangana Real Estate Regulatory Authority Chairman N Satyanarayana has resigned from his post citing health complications arising from prolonged hearings and administrative responsibilities, according to reports published on Wednesday. The Telangana government has accepted the resignation through an official memo issued by the Metropolitan Area and Urban Development Department. During his three-year tenure, the authority registered more than 10,800 projects and over 5,100 real estate agents while implementing reforms related to grievance redressal, digital governance and project approvals. Satyanarayana also oversaw measures concerning stalled project revival, misleading real estate advertisements and institutional strengthening within the state regulator. The resignation comes at a time when Telangana’s residential and commercial real estate markets continue to witness increased development activity and regulatory oversight.Read more

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