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

Mumbai police file INR 100 crore fraud case against "Sky 31" developer in Wadala

11 Nov 2025

Mumbai's Economic Offences Wing (EOW) has booked real estate developer Subbaraman Anand Vilaynur, his wife Uma Subbaraman, and B P Gangar Constructions for allegedly duping homebuyers of nearly INR 100 crore. The case was filed following a complaint by a 62-year-old chartered accountant, Anil Dron, who claimed that 102 buyers were promised flats in the "Sky 31" project in Wadala (West) since 2018. Instead of using the collected funds for construction, the accused allegedly diverted them to personal and other accounts and even sold one flat to two different buyers.Read more

cover photo

High alert at Delhi NCR railway stations after blast near Red Fort

11 Nov 2025

Security was tightened this week at railway stations across the Delhi-National Capital Region after a car explosion near the Red Fort metro area killed eight people and injured several others. The Railway Protection Force (RPF) and the Government Railway Police (GRP), working with the Northern Railway, reviewed and strengthened arrangements at major stations such as New Delhi, Old Delhi, Anand Vihar, Hazrat Nizamuddin and Ghaziabad. The measures include more personnel, dog squads, CCTV surveillance and ordered checks of suspicious individuals. Travellers were asked to stay calm and cooperate.Read more

cover photo

DDA approves housing, land, pooling and sports education infrastructure projects in Delhi

11 Nov 2025

The Delhi Development Authority (DDA) approved the capital's first Transit?Oriented Development (TOD) housing project 1,026 ready?to?launch two bedroom flats at Karkardooma under the "Towering Heights" scheme. Simultaneously, it cleared change of land use for 40.23 hectares under its land pooling policy. In the Narela sub-city, the authority sanctioned a multi-sports stadium on 30.35?hectares and an education?hub campus on 4.33 hectares. The enhanced FAR policy for commercial centres has been extended by one year and new developer charges for TOD zones have been fixed.Read more

cover photo

NCLAT backs speedy liquidation of Independent TV, dismisses Reliance Realty appeal

11 Nov 2025

The National Company Law Appellate Tribunal (NCLAT) has rejected Reliance Realty's appeal challenging the liquidation of Independent-TV, reiterating that the process must be completed in the shortest possible time. The tribunal confirmed the earlier order of the National Company Law Tribunal (NCLT), emphasizing that Reliance Realty cannot obstruct the liquidator's access to leased premises at Dhirubhai Ambani Knowledge City. Independent?TV, which had delayed rental and service payments after 2018, had entered insolvency, and the assets were sold to Shree Sai Baba Ship Breaking Company. The ruling ensures timely resolution of insolvency proceedings.Read more

cover photo

Navi Mumbai intensifies dust control measures with round-the-clock cleaning operations

10 Nov 2025

The Navi Mumbai Municipal Corporation (NMMC) has initiated an extensive post-monsoon cleanliness and dust control drive across the city. Under the direction of Municipal Commissioner Dr Kailash Shinde, five advanced dust suppression vehicles are operating continuously in three shifts, spraying treated water and cleaning major roads and footpaths. The initiative, carried out under the National Clean Air Programme (NCAP), aims to reduce airborne dust particles and improve overall air quality in Navi Mumbai.Read more

cover photo

NCLAT bars Raheja Developers from selling immovable assets during insolvency proceedings

10 Nov 2025

The National Company Law Appellate Tribunal (NCLAT) directed Raheja Developers to halt any creation of third-party rights in its immovable properties, including sale of land or residential units, while its insolvency resolution process is under way. The tribunal emphasised that once insolvency has commenced, the management of the corporate debtor must not dispose of or deal with such assets without oversight. The interim resolution professional (IRP) has been authorised to appear before regulators such as the Real Estate Regulatory Authority and defend notices issued in respect of the company�s properties.Read more

cover photo

Odisha Tribunal upholds home-buyers' rights in significant real-estate dispute

10 Nov 2025

The Appellate Tribunal of the Odisha Real Estate Appellate Tribunal (OREAT) affirmed an earlier order by the Odisha Real Estate Regulatory Authority (ORERA) in favour of a buyer who alleged delayed possession, absence of valid occupancy and fire-safety certificates, and non-provision of amenities promised under the sale agreement. The developer was ordered to pay interest, obtain a proper occupancy certificate and hand over promised amenities. The ruling reinforces protections under the Real Estate (Regulation and Development) Act, 2016 (RERA) and signals greater accountability for developers.Read more

cover photo

Navi Mumbai civic body urges traders to renew business licences online

10 Nov 2025

The Navi Mumbai Municipal Corporation (NMMC) has issued a public notice urging all business owners operating within its jurisdiction to renew their trade licences through the corporation's online platform. The renewal applies to establishments such as hotels, eateries, sweet shops, beauty parlours, barbershops, and similar businesses governed under Section 376 of the Maharashtra Municipal Corporations Act. Traders have been advised to complete the online application process before the end of December to avoid penalties for non-renewal under the relevant provisions of the Act.Read more

cover photo

Construction resumes as UP-RERA clears 22 projects from abeyance list

10 Nov 2025

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has reinstated 22 stalled real estate projects, allowing construction to resume across seven districts. These projects, comprising 8,856 flats, plots, and commercial units, were earlier placed on the abeyance list due to non-compliance with documentation requirements. After verifying updated records, UP-RERA cleared them for continuation. The move aims to ease homebuyer concerns, improve transparency, and strengthen developer accountability. Officials said the decision will help reduce project delays and restore confidence in the state's housing market. The revival marks a significant step in UP-RERA's efforts to accelerate housing delivery and enforce regulatory discipline.Read more

cover photo

GDA to invite public objections for land acquisition in Indirapuram extension

10 Nov 2025

The Ghaziabad Development Authority (GDA) is set to invite public objections before moving ahead with the acquisition of approximately 153 acres of land under the Indirapuram Extension scheme. The move follows a direction from the Allahabad High Court, which instructed the authority to follow due process and compensate affected farmers at up to twice the 2014 circle rate. The notification for land acquisition in Mohiddinpur Kanawani village was issued earlier this week.Read more

cover photo