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

Centre to redevelop Belgaria Township as model resettlement hub in Dhanbad

02 Dec 2025

The Central Government has resolved to develop Belgaria Township in Dhanbad, Jharkhand, into a model township to rehabilitate families displaced by underground coal-mine fires and land subsidence. As many as 1.4 lakh families remain in hazardous zones, but only about 4,000 have been relocated so far. The proposed model township will deliver essential services: water, electricity, security, livelihood opportunities and civic infrastructure. The plan has been reinforced under the revamped Revised Jharia Master Plan (JMP) - backed by a ?5,940.47 crore budget - which envisages sustained rehabilitation, safe relocation, community services and long-term livelihood support for affected residents.Read more

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Goa expands digital approval system for small housing projects from January

02 Dec 2025

Goa's town-planning authorities have decided to extend their digital Building Plan Approval Management System (BPAMS) to cover small residential projects comprising up to four apartments. The change, coming into effect earlier this week, shifts such projects from manual scrutiny to mandatory online submission, including applications for technical clearances and completion orders. Larger residential and commercial developments will continue under the offline regime. Officials indicated that the move is intended to reduce delays, improve transparency and streamline workflows, marking another step forward from the system's earlier rollout for single-dwelling homes.Read more

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NCLT rejects Chronos's INR 1,080 crore bid for IL&FS BKC property

02 Dec 2025

The National Company Law Tribunal (NCLT) in Mumbai, earlier this past week, dismissed the INR 1,080 crore bid submitted by Brookfield-backed Chronos Properties for acquiring IL&FS's flagship Bandra Kurla Complex (BKC) property. The tribunal upheld IL&FS's contractual authority to revise the consideration under the court-approved resolution framework, accepting the company's move to increase the valuation to INR 1,481 crore. It also noted that updated valuation reports placed the property's fair-market value at around INR 1,722 crore. The order additionally clarified the status of Chronos's performance guarantee obligations under the bidding conditions.Read more

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Odisha directs officials to fast-track site allotment for landless housing beneficiaries

02 Dec 2025

The Odisha government has instructed district collectors to speed up the allocation of house-sites to landless families eligible under rural housing schemes. The direction follows a review where hundreds of sanctioned beneficiaries under PMAY-G and PM-JANMAN were found waiting for land. Data from the 2024 Awaas+ survey identified around 2.01 lakh landless households in the state, highlighting the urgency. The government has also asked block and revenue officials to continue mandatory monthly meetings to clear pending cases. The focus is on beginning site allotments even as fresh house sanctions are awaited.Read more

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Ahmedabad sees surge in tall buildings with AMC approving 17 new projects

02 Dec 2025

Ahmedabad Municipal Corporation's standing committee has reviewed proposals for 17 new high-rise projects across Bodakdev, Thaltej, Ambli-Bopal, Science City Road, Gota and Shilaj, reflecting growing demand for residential, commercial and mixed-use spaces in the city's expanding western corridors. Together, these projects will add about 2,000 homes and 2,300 commercial units, while AMC has already earned nearly INR 250 crore through permissions and related charges. This year, AMC also issued its first Building Use certificate for a residential tower exceeding 100 metres on Science City Road, signalling Ahmedabad's shift toward vertical growth. The cluster of seven skyscraper proposals in Bodakdev further reinforces its emergence as a major high-rise development hub.Read more

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Ashoka Buildcon suspended from NHAI bids after girder collapse on Kerala highway

01 Dec 2025

Ashoka Buildcon has confirmed that it has been placed under temporary suspension from taking part in any ongoing or upcoming NHAI tenders following a recent incident linked to its Kerala project. The development stems from a show-cause notice issued after two precast PSC girders collapsed during construction on the elevated NH-66 corridor between Aroor and Thuravoor Thekku, resulting in the death of a commercial vehicle driver. The company stated in its regulatory update that the suspension will continue for a month or until an expert committee concludes its investigation, whichever occurs later.Read more

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Andhra Pradesh clears second-phase land pooling to expand Amaravati capital region

01 Dec 2025

The Andhra Pradesh cabinet has cleared the second phase of land pooling for Amaravati, adding about 16,666 acres from seven villages and supporting land owned by the government. This expansion will accommodate the inner ring road, rail network, and the planned international-standard sports city. Officials also indicated that the wider land bank may help future plans such as an international airport and industrial zones. This approval follows the earlier pooling of nearly 34,000 acres, taking the total development area close to 50,000 acres.Read more

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Panchkula introduces structured C&D waste policy with paid debris collection

01 Dec 2025

Panchkula's municipal corporation has rolled out a revamped construction and demolition (C&D) waste management policy to address persistent debris dumping across the city. The initiative includes appointing an agency on a one-year contract costing INR 2.13 crore to manage loading, collection, transportation and unloading of waste at a designated disposal point in Jalouli village. Residents and bulk generators must register and pay collection charges in advance, while delays or unauthorised dumping will attract penalties. The policy incorporates GPS tracking, fixed service hours, regular inspections and provisions for future processing of C&D waste into recyclable building materials.Read more

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NMMC launches strict dust checks at construction sites amid rising winter smog

01 Dec 2025

Navi Mumbai Municipal Corporation (NMMC) stepped up its scrutiny of construction sites earlier this week after the civic chief directed officials to enforce anti-pollution measures more stringently amid rising winter smog. The town planning department was instructed to personally verify dust-control systems at active project sites and shut down any location failing to comply for a week. Acting on these orders, engineering teams have begun field inspections across construction zones, quarries, RMC plants and coal-based bakeries, ensuring adherence to air and noise pollution norms mandated under the SOP issued last year.Read more

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FIR initiated against Gurugram developer for commercial colony licence violations

01 Dec 2025

Authorities in Gurugram have moved to register an FIR against Ornamental Realtors Pvt Ltd for not renewing its commercial colony licence for a 3.5-acre project in Sector 61. The licence, originally issued in 2009, expired in 2017, but the developer did not apply for renewal or pay the required fees. Officials also found that the company had not uploaded mandatory compliance reports on the official portal. A notice issued in October did not result in any action from the builder, prompting authorities to proceed with legal steps.Read more

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