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

Bombay High Court quashes order to split housing society, clears way for redevelopment

24 Jul 2026

The Bombay High Court has set aside a state government order that sought reconsideration of a proposal to bifurcate Madhurnaina Co-operative Housing Society in Borivali, ruling that the move would obstruct an ongoing redevelopment project. The court held that Section 18 of the Maharashtra Co-operative Societies Act cannot be invoked merely because a minority of members disagree with the redevelopment process or the choice of developer.The judgment reaffirmed that redevelopment decisions approved by the majority of members through valid general body resolutions must be respected, and minority members cannot stall such projects through indirect means. The ruling allows the redevelopment of the society's Naina and Veena buildings to continue under the newly appointed developer, with demolition already completed and most members having executed rehabilitation agreements.Read more

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Maharashtra clears roadmap to modernise Mumbai's Film City

Mumbai News Desk

24 Jul 2026

The Maharashtra government has approved a comprehensive redevelopment of Mumbai's Film City to transform the decades-old production complex into a modern entertainment and media hub. The proposed project aims to upgrade production infrastructure, introduce advanced filming facilities and improve supporting amenities to meet evolving industry requirements. The redevelopment is expected to enhance Maharashtra's competitiveness in the media and entertainment sector while creating opportunities for investment, employment and film tourism through a future-ready production ecosystem.Read more

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FIR filed against Ansal Group, four others over alleged INR 43 lakh plot fraud

24 Jul 2026

The Uttar Pradesh Police have registered an FIR against Ansal Group and four other individuals following allegations of cheating in a residential plot transaction valued at around INR 43 lakh. The complaint alleges that the buyer was induced to purchase a plot that was subsequently not handed over despite payment being made. The case has been registered after directions from the state government, and investigators are examining the transaction and the roles of those named in the complaint.Read more

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Odisha launches drive to reclaim over 60,000 acres of Jagannath Temple land

24 Jul 2026

The Odisha government has launched a large-scale initiative to identify, reclaim and settle over 60,426 acres of land belonging to the Shree Jagannath Temple, Puri, spread across Odisha and six other states. The exercise aims to recover temple land under encroachment or involved in long-pending legal disputes while creating a comprehensive digital record of temple-owned properties. Of the total land identified, around 395 acres are located outside Odisha. The state government plans to work with authorities in other states to protect and recover these properties. The initiative is expected to strengthen land administration, improve transparency in temple asset management and safeguard one of India's largest religious landholdings for future generations.Read more

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Government clarifies NAKSHA survey will not affect property ownership or land rights

24 Jul 2026

The Department of Land Resources (DoLR) has clarified that the NAKSHA urban land survey will not alter property ownership, land boundaries or existing legal titles, dismissing rumours surrounding the ongoing pilot project in Goa. Implemented under the Digital India Land Records Modernization Programme (DILRMP), the GIS-based initiative aims to create accurate digital maps of urban land parcels to improve land administration, planning and public infrastructure.The government said the rights of non-resident property owners and people living abroad remain fully protected, with multiple verification stages ensuring that absence during the survey does not affect ownership. Following the completion of field surveys, the public verification process in the Goa pilot area will be held from July 16 to August 14, 2026, allowing property owners to verify records using existing ownership documents.Read more

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Haryana reinstates ban on approvals for stilt-plus-four residential buildings

24 Jul 2026

The Haryana government has restored the suspension on approvals for stilt-plus-four (S+4) residential buildings while proceedings on the matter continue before the Punjab and Haryana High Court. The Town and Country Planning Department has instructed field offices to stop granting fresh permissions until further directions are issued. The decision is intended to ensure that building approvals remain aligned with the ongoing judicial process and the state's regulatory review of the S+4 housing policy.Read more

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Centre rules out runway expansion at Shimla, Kullu airports; Kangra project awaits land acquisition

24 Jul 2026

The Centre has ruled out runway expansion at the Shimla and Kullu airports, citing geographical constraints that make such projects technically unviable. An expert committee has instead recommended identifying a new site to meet Shimla's future aviation requirements. Meanwhile, the proposed expansion of Kangra Airport remains under consideration but is contingent on the completion of land acquisition. The developments reflect the challenges of strengthening air connectivity in Himachal Pradesh's mountainous terrain while balancing engineering feasibility, environmental concerns and infrastructure needs.Read more

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Lucknow Municipal Corporation launches one-time settlement scheme for house tax defaulters

24 Jul 2026

The Lucknow Municipal Corporation (LMC) has approved a One-Time Settlement (OTS) scheme to help house tax defaulters clear pending dues by offering relief on accumulated interest and penalties. The initiative aims to improve tax recovery while easing the financial burden on property owners whose outstanding liabilities have increased due to delayed payments and revised property assessments. Civic officials expect the scheme to encourage voluntary compliance, strengthen municipal finances and generate additional revenue for infrastructure development and public services across the city. Eligible property owners will be able to settle their dues within the notified period under the scheme, with the detailed operational framework and implementation guidelines to be announced by the municipal corporation.Read more

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Gurugram civic body faces backlog of 5,000 property ID applications

24 Jul 2026

The Municipal Corporation of Gurugram (MCG) is facing a backlog of around 5,000 pending property ID applications, delaying property-related services and transactions for residents. Officials attributed the pendency to an increase in applications, administrative delays and the recent reshuffling of clerical staff, which slowed the verification and approval process. MCG has begun deploying additional personnel and streamlining digital processes to expedite approvals and reduce the backlog, while assuring applicants that pending cases will be cleared in phases. Property IDs are essential for services such as property tax assessment, ownership verification and property transactions, making timely processing crucial for residents and the real estate sector.Read more

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Orris Infrastructure directors booked in Gurugram land collaboration dispute

23 Jul 2026

Gurugram Police have registered a case against Orris Infrastructure Pvt Ltd, its directors Vijay Gupta and Amit Gupta, and authorised signatory Jitender Singh over allegations of cheating and criminal conspiracy linked to a land collaboration agreement in Badha village near Manesar. The complainants, who are legal heirs of the original landowners, alleged that plots promised under a development agreement were subsequently transferred to third parties despite earlier allotment letters issued in their favour. The FIR was registered on 7 July under Sections 420 and 120-B of the Indian Penal Code (IPC). Police said the matter is under investigation and legal action will be taken based on the findings.Read more

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