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

Kerala High Court reviews NIT recommendations for LIFE Mission housing

28 Aug 2025

The LIFE Mission housing project in Wadakkancherry, Kerala, faced delays and poor construction quality. NIT Kozhikode has recommended structural repairs and retrofitting to make the existing buildings usable. The Kerala government has submitted this report to the High Court, which will decide on the project's next steps. The outcome will determine whether construction can resume and the housing can be delivered to the 140 beneficiary families.Read more

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Chamarajanagar ZP identifies over 35,000 houseless families in 2024-25 survey

28 Aug 2025

Chamarajanagar Zilla Panchayat's 2024-25 housing survey uncovered 35,050 houseless families and 4,471 site-less families across the district. Conducted using GPS verification and physical site inspections, the survey found the highest numbers in Chamarajanagar and Gundlupet taluks. The findings also highlighted social distribution, including Scheduled Castes and Tribes. Families without sites face challenges in constructing homes despite prior allotments. The Panchayat has recommended government-backed housing schemes for these families, awaiting state-level approval.Read more

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Kolkata civic body to monitor structural health of reconstructed homes amid metro concerns

28 Aug 2025

The Kolkata Municipal Corporation has decided to monitor reconstructed houses in Durga Pituri Lane and nearby areas for ten years to address concerns about possible damage caused by metro operations. The move comes after residents expressed fears of recurring structural failures, while councillors urged the creation of a dedicated monitoring cell and experts from Jadavpur University were brought in to ensure construction quality and safety.Read more

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Manesar Municipal Corporation to charge property owners for cleaning vacant plots

28 Aug 2025

The Municipal Corporation of Manesar (MCM) will now charge property owners for the cost of cleaning their vacant lots or private premises if garbage is found to have accumulated there. This new measure, which is being taken under Section 274 of the Haryana Municipal Corporation Act, 1994, is intended to improve sanitation and public health. MCM commissioner Ayush Sinha stated that this move will not only promote cleanliness but also make the public aware of their responsibilities. The MCM has also resumed its door-to-door waste collection service after a two-year hiatus.Read more

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ED files chargesheet against Krrish Realtech for INR 500 crore fund diversion

27 Aug 2025

The Enforcement Directorate (ED) has filed a chargesheet against Gurugram-based realty firm Krrish Realtech Private Limited and its promoter, Amit Katyal, for allegedly diverting INR 205 crore of homebuyers' funds to a hotel project in Colombo, Sri Lanka. The ED's investigation, which is based on an FIR from Delhi and Gurugram Police, found that the company had collected over INR 500 crore from more than 400 customers for a project that was never completed. The diverted funds were funneled through a complex network of shell companies, highlighting a systematic fraud that has been under investigation since 2023.Read more

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ED arrests Galaxy Constructions director in Canara Bank loan fraud case

27 Aug 2025

The Enforcement Directorate (ED) has arrested Amit Ashok Thepade, the director of Pune-based Galaxy Constructions, in a high-profile bank loan fraud case involving Canara Bank amounting to INR 117.06 crore. Thepade, who had been evading authorities for a prolonged period, was apprehended at a five-star hotel in Mumbai. The ED's investigation, which stemmed from a CBI FIR, revealed that Thepade's companies obtained credit facilities by allegedly double-mortgaging properties that had already been sold, and then siphoning off the funds for personal use.Read more

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Supreme Court upholds High Court ruling on land acquisition dispute in Bandra

27 Aug 2025

The Supreme Court has upheld the Bombay High Court's decision that annulled the Slum Redevelopment Authority's acquisition of Church Trust-owned land in Bandra, noting that a private developer's influence was apparent in the process. The court stressed that a landowner's preferential right to redevelop should not be overlooked. It criticised the authority for rejecting the Trust's proposal while entertaining the developer's, and directed that the Trust be allowed to submit its own scheme for consideration.Read more

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Gujarat sanctions INR 490 crore for 2,055 new gram panchayat buildings

27 Aug 2025

The Gujarat government has sanctioned a grant of INR 489.95 crore for the construction of 2,055 new gram panchayat buildings under the Gram Panchayat Ghar cum Talati-Mantri Awas Yojana. The funds will be distributed according to village population, with larger villages receiving higher allocations. The initiative is aimed at ensuring all panchayats have dedicated buildings, strengthening rural governance infrastructure.Read more

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Chandigarh Housing Board directed to install firefighting system in Dhanas Rehabilitation Colony

27 Aug 2025

The Chandigarh administration has mandated the installation of a firefighting system in the Dhanas Rehabilitation Colony, home to over 45,000 residents. Despite being constructed 13 years ago, the colony lacks the necessary fire safety infrastructure, violating the National Building Code (NBC)-2016. The Chandigarh Housing Board (CHB) has been instructed to initiate the installation promptly and report progress within a month. This decision follows concerns raised by residents and the administration's environment department regarding the colony's fire safety measures.Read more

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BDA issues global tender to prepare Bengaluru's Revised Master Plan 2041

27 Aug 2025

The Bangalore Development Authority (BDA) has initiated a global tender for the Revised Master Plan 2041 (RMP-2041) to address Bengaluru's growing urban challenges. This comes after the previous RMP-2031 was shelved amid criticism over scientific and planning gaps. The new plan focuses on managing population growth, urban sprawl, traffic congestion, and sustainable development. A high-resolution 3D drone survey is underway, covering 1,240 square kilometers, to provide detailed spatial insights. The plan emphasizes transit-oriented development and better infrastructure alignment, with completion targeted by mid-2026.Read more

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