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

Noida and Ghaziabad property registrations to pause from Nov 8-11 for system upgrade

07 Nov 2025

The Uttar Pradesh Stamp and Registration Department has announced that property registration services in Noida and Ghaziabad will be suspended from 8 to 11 November as the online portal transitions from the NIC-operated Meghraj cloud to the National Govt Cloud (NGC). The move aims to improve system reliability, speed, and data security. Assistant Inspector General Brijesh Kumar said legal professionals and the public were notified in advance to plan their activities. With around 1,300 registrations processed daily across both cities, the two working-day halt is expected to affect revenue. Sub-registrar staff will remain on duty during the migration to assist with testing and system reactivation.Read more

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Punjab clears 2025 building rules allowing stilt-plus-four-floor homes

07 Nov 2025

The Punjab Cabinet, led by the Chief Minister, has approved the Punjab Unified Building Rules 2025, introducing a streamlined and transparent framework for urban construction. The new rules, applicable across all urban sectors, permit stilt-plus-four-floor buildings on plots of 250 sq yd and above, raising height limits from 15 to 21 metres to encourage vertical growth and optimise land use. They also unify multiple departmental regulations, simplify approvals through third-party self-certification, and relax FAR, parking, and setback norms. The framework includes provisions for EWS and affordable housing, mixed-use development, and multilevel parking. Complementary reforms include stricter de-addiction centre regulations, administrative restructuring, and stamp-duty amendments to improve governance and ease of doing business.Read more

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Panvel civic body begins fire safety audit across schools, hospitals, and hotels

07 Nov 2025

The Panvel City Municipal Corporation (PCMC) has begun a large-scale fire safety inspection drive across schools, hotels, hospitals, and other commercial and institutional buildings under its jurisdiction. This move came in the wake of recent fire incidents reported from Kharghar and Kamothe, prompting the civic body to undertake preventive measures. Over the next six months, two inspection teams will operate across six key nodes � Panvel, New Panvel, Kamothe, Kalamboli, Rodpali, and Taloja � to assess fire safety compliance, verify the validity of NOCs, and update safety records. Establishments will also be encouraged to undertake self-rectification based on feedback from the PCMC�s fire-brigade department.Read more

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Government opens third phase of PLI scheme to boost speciality steel production

07 Nov 2025

The Ministry of Steel has rolled out the third phase of its Production Linked Incentive (PLI) scheme for speciality steel, named �PLI 1.2�, aiming to draw new investment and drive domestic production of high-value steel grades in sectors such as defence, aerospace, power and infrastructure. The original scheme, approved in mid-2021 with an outlay of INR 6,322 crore, has already seen committed investments of INR 43,874 crore in the first two rounds, with INR 22,973 crore invested and over 13,000 jobs created. The new phase expands the push to reduce import dependence.Read more

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Delhi Jal Board plans new sewage treatment plant in Rangpuri to address sewage crisis

07 Nov 2025

The Delhi Jal Board (DJB) has announced plans to build a new sewage treatment plant (STP) in Rangpuri, located near the IGI Airport, to tackle the persistent sewage management issues in South Delhi. The plant, with a capacity of treating 15 million gallons of sewage daily, will enhance the city�s sewage infrastructure and improve the quality of water bodies. With the construction expected to begin soon, the project aims to address the city�s long-standing sewage treatment gaps, reducing untreated waste discharge into the Yamuna River. This move aligns with the DJB�s broader efforts to modernize and strengthen Delhi�s water management system.Read more

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Noida Authority cracks down on 22 projects owing INR 5,560 crore

07 Nov 2025

The Noida Authority has intensified its recovery drive against 22 residential projects that collectively owe around INR 5,560 crore, impacting nearly 9,750 homebuyers awaiting flat registrations. Under the state�s rehabilitation policy, developers could reduce dues to INR 4,260 crore by paying 25% upfront, but most have failed to comply. Of these, 12 projects partially paid their instalments, four made no payments, and six rejected the scheme entirely. The Authority has so far recovered only INR 29 crore, prompting cancellation notices, sealing actions, and legal proceedings. With registrations stalled and strict enforcement underway, the move underscores a renewed focus on accountability and buyer protection in Noida�s real estate sector.Read more

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Rajasthan government tightens business activity rules in residential zones

07 Nov 2025

The Rajasthan Urban Development and Housing Department (UDH) has amended its development control regulations, prohibiting storage, warehousing, wholesale trading, weighbridges, and oil or gas depots within residential zones. Earlier permitted under special conditions, these activities are now fully barred to ensure a clear separation between residential and commercial land uses. The directive extends to commercial, industrial, public, recreational, transport, and mixed-use zones, with local bodies tasked to enforce compliance. The move follows a review of land-use disputes in fast-growing urban areas and aims to simplify planning norms, curb discretionary approvals, and align Rajasthan�s urban policies with national sustainability and deregulation standards, ensuring transparent and orderly development.Read more

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RERA Tribunal rules JDA landowners to be treated as co-promoters

06 Nov 2025

The Telangana RERA Appellate Tribunal, led by Justice A. Santhosh Reddy, has ruled that landowners in joint development agreements (JDAs) are to be treated as co-promoters, not allottees or consumers, under the RERA Act. The judgment arose from appeals by landowners of the 'Sanali Pinnacle' project in Hyderabad, who sought higher penalties against the developer. The Tribunal held that since landowners share both profits and risks, they cannot seek buyer-level protection under RERA. It also clarified that a site board or a project listing without pricing details does not constitute advertising. By overturning the earlier RERA order, the ruling brings legal clarity to the roles of landowners and developers in JDAs.Read more

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NMMC chief reviews 2025-26 projects, orders faster civic works in Navi Mumbai

06 Nov 2025

The Navi Mumbai Municipal Corporation (NMMC) Commissioner, Dr Kailas Shinde, held a comprehensive review meeting earlier this week with department heads to assess the progress of civic infrastructure works outlined in the 2025-26 municipal budget. The session focused on expediting road repairs, cleanliness drives, drainage maintenance, and enforcement against unauthorised banners. Dr Shinde emphasised effective inter-departmental coordination, the use of recycled water for street cleaning, and prompt administrative processes to ensure timely project completion. The meeting was attended by senior officials, including the Additional Commissioner and heads of engineering and finance departments.Read more

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Andhra Pradesh extends layout regularisation scheme deadline amid slow uptake

06 Nov 2025

The Andhra Pradesh government has extended the submission period for its Layout Regularisation Scheme (LRS) by three months, shifting the cut-off to 23 January 2026, after observing a weak response from plot-owners and developers. The scheme, reintroduced with the aim of bringing unauthorised layouts and plots into the planning framework, was initially set to close at the end of October. Officials say the extension is intended to give more participants time to apply and to enhance compliance across urban local bodies.Read more

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