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

Construction halted across Noida as GRAP Stage III takes effect amid severe air pollution

14 Nov 2025

The Noida Authority has suspended all non-essential construction works following the implementation of Stage III of the Graded Response Action Plan (GRAP) by the Commission for Air Quality Management (CAQM). The decision came as air quality in several sectors of Noida reached the "severe" category, with AQI levels above 400. BS-III petrol and BS-IV diesel vehicles are now banned, while ready-mix concrete plants, stone crushers, and demolition works remain closed until further notice. Strict penalties will apply for non-compliance.Read more

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Developer penalised for delay and unfair demands in Cuttack commercial project

14 Nov 2025

The Odisha Real Estate Appellate Tribunal has upheld a buyer's complaint against a promoter who failed to hand over a commercial unit near NH-16 in Cuttack, despite receiving the full payment of INR 3.19 crore. The developer later demanded an extra INR 16.8 lakh and tried to swap the allotted unit without consent. Calling this behaviour exploitative, the tribunal ordered the promoter to give possession of the original unit with all required clearances. It also directed payment of 9.7% annual interest on the amounts paid, excluding the pandemic period, and barred any further demand. The tribunal stressed that the right to shelter covers commercial spaces and reaffirmed strong consumer protection under RERA.Read more

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Karnataka RERA directs BDA to register delayed layout in Bengaluru

14 Nov 2025

The Karnataka Real Estate Regulatory Authority has ruled that the Bangalore Development Authority (BDA) must be treated as a promoter under RERA and must register the Nadaprabhu Kempegowda Layout within two weeks. The order follows complaints from allottees who paid in full years ago but are still waiting for plots that lack basic amenities such as roads, water, sewerage, drainage and electricity. Buyers also said the BDA collected excess advance payments and took full amounts before development, violating RERA norms. Although the BDA argued it is a statutory planning body, the regulator held that any public authority selling developed plots is a promoter under the law.Read more

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Bhubaneswar civic body set to expand limits to include nearby villages under its jurisdiction

14 Nov 2025

The Bhubaneswar Municipal Corporation (BMC) has advanced its proposal to expand the city's limits by incorporating 72 nearby revenue villages into its administrative boundary. The move follows the receipt of consent from these village communities and aims to improve civic governance, streamline urban services, and facilitate long-term development planning in the city's peripheral areas. The expansion will increase the BMC's existing zones from three to six and enable better delivery of essential services such as sanitation, water supply, and waste management.Read more

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Goa Industrial Development Body offers a half-fee waiver on building licences to stimulate growth

14 Nov 2025

In an effort to revitalise dormant industrial assets and streamline construction approvals, the Goa Industrial Development Corporation (GIDC) announced that, from earlier this week, it will extend a 50 % waiver on building licence fees for a year for applications routed via its Online Building Plan Approval System (OBPAS). The move targets plot?holders and shed-allottees within GIDC-managed estates, urging them to either submit fresh plans or re-submit for reconstruction or expansion. Compliance with building codes, statutory norms and environmental requirements remains mandatory as the corporation seeks to convert idle industrial land into productive facilities.Read more

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UP RERA clears six new projects worth INR 864 crore across five districts

13 Nov 2025

The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has approved six new real estate projects across five districts of the state, involving a total proposed investment of around INR 863.94 crore. The projects, located in Bareilly, Kanpur Nagar, Noida, Lucknow, and Varanasi, will collectively add nearly 1,470 residential and commercial units. Most of these are residential developments, while the projects in Lucknow and Noida are commercial. The initiative is expected to generate local employment and stimulate growth in allied industries.Read more

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Supreme Court orders inquiry into stalled Greater Noida housing project, appoints former HC judge to lead probe

13 Nov 2025

The Supreme Court of India has directed the formation of a one-member independent committee to examine a long-pending housing project in Greater Noida, near Delhi. The project, allotted in 2004 to Golf Course Sahkari Awas Samiti (earlier JP Greens Employees Sahkari Awas Samiti) by the Greater Noida Industrial Development Authority (GNIDA), has left hundreds of allottees waiting nearly two decades. A former judge of the Allahabad High Court has been appointed to head the committee, which must report within four months. The panel is tasked with identifying genuine allottees, restoring the lease where possible, and charting a time-bound completion strategy.Read more

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NITI Aayog urges public-private effort to build affordable senior home care model

13 Nov 2025

VK Paul, NITI Aayog member, called for a collaborative effort between the government and private sector to develop an affordable home care model for seniors. He suggested combining traditional medicine with telemedicine and technology for comprehensive care at home, including sensitivity to women's health. Affordability was highlighted as a key principle. Union Health Secretary Punya Salila Srivastava noted the government's goal to create a predictive and preventive health system by 2047 and cited PM-JAY, which has facilitated over 10.5 crore hospitalisations so far.Read more

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Concrete-plant units under fire for disrupting clean-manufacturing zones

13 Nov 2025

Industrial associations in Goa have voiced strong opposition to the allotment of ready-mix concrete (RMC) plants within established industrial estates, citing dust emissions and slurry spills that impede operations of sectors such as pharmaceuticals, food processing and electronics. Though RMC units fall under the green/white category as per the Goa State Pollution Control Board, they reportedly generate conditions inconsistent with 'clean manufacturing' needs, prompting the bodies to press for regulatory review and insistent of relocation possibilities.Read more

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Navi Mumbai civic body urges structural audits for ageing buildings to ensure public safety

13 Nov 2025

Earlier this week, the Navi Mumbai Municipal Corporation (NMMC) directed all owners of buildings aged over 30 years to carry out structural audits through registered engineers and submit reports confirming their safety. A recent civic survey identified 513 structures as dangerous under the Maharashtra Municipal Corporation Act. Property owners who fail to comply by March 2026 could face fines of up to INR 25,000 or the equivalent of their annual property tax, whichever is higher, along with potential evacuation orders.Read more

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