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

DTCP issues show-cause notice to Experion Developers and Windchants RWA for layout violations in Gurugram

22 Aug 2025

The Department of Town and Country Planning (DTCP) in Gurugram has issued a show-cause notice to Experion Developers Pvt Ltd and the Windchants Condominium RWA for violating the approved layout plan. Key issues include converting fire tender paths into green areas and selling setback land meant to remain vacant. The DTCP has asked both the developer and the RWA to correct the violations and submit a detailed explanation along with relevant documents by early September, warning that non-compliance could trigger legal action and licence cancellations.Read more

cover photo

Noida administration bans construction near Jewar Airport without NOC

22 Aug 2025

The Gautam Buddh Nagar district administration has made it mandatory to obtain a no-objection certificate (NOC) before carrying out any construction or development within a 20-kilometre radius of the upcoming Noida International Airport in Jewar. Officials have warned of strict action against violations, while also stressing the need for measures to prevent waterlogging, restrict the movement of stray animals and birds, and completely ban drones and lasers near the site. Committees linked to airport safety and emergency response have been directed to improve coordination, as the project heads towards its first phase of operations later this year.Read more

cover photo

Karnataka High Court orders statewide GIS land mapping initiative

22 Aug 2025

The Karnataka High Court has ordered the state government to create a unified Geographic Information System (GIS) platform to digitally map all land parcels and forest boundaries. The new system will use high-resolution satellite imagery from organizations like the Forest Survey of India (FSI) and the Indian Space Research Organisation (ISRO). This platform is intended to streamline land applications, prevent the registration of parcels involved in disputes, and help resolve conflicts between government departments.Read more

cover photo

Jaipur Development Authority goes digital with new lease platform

22 Aug 2025

In a major push for transparency and efficiency, the Jaipur Development Authority (JDA) has launched a fully digital and paperless system for the issuance of leases and lease deeds. The new online platform allows citizens to complete the entire process from home, utilizing Aadhaar-based e-KYC and digital signatures. This initiative is aimed at streamlining services and eliminating the need for in-person visits to the JDA office, making the authority's services more accessible to the public.Read more

cover photo

Haryana RERA directs builder to compensate OSB Expressway Towers buyers

22 Aug 2025

The Haryana Real Estate Regulatory Authority (H-RERA) has ordered Ocean Seven Buildtech Pvt Ltd to compensate homebuyers of the OSB Expressway Towers project in Sector 109, Gurugram, with an annual interest rate of 11.10% due to extensive delays in possession. The developer has been directed to settle the compensation within 90 days and clear any pending dues within 60 days. The authority also prohibited the builder from levying additional charges beyond the builder-buyer agreement.Read more

cover photo

Karnataka Assembly passes bill to regularize building violations

22 Aug 2025

The Karnataka Assembly has passed a new bill to regularize certain building violations by raising the permissible threshold for deviations from 5% to 15%. This legislation empowers municipal commissioners to penalize and regularize unauthorized constructions, and it also decentralizes the process for smaller plots by granting authority to professional architects and engineers. The bill, which is intended to provide relief to thousands of property owners, particularly those from middle- and lower-income groups, also simplifies the process for obtaining utility connections for small plots.Read more

cover photo

471 tenant checks in 2025 as Goa Police step up 'Know Your Neighbour'

22 Aug 2025

Goa Police have intensified tenant verification in the first half of 2025, conducting 471 drives, more than double the 236 carried out in 2024. This initiative, under the 'Know Your Neighbour' program, ensures tenant, servant, and foreigner information is verified to enhance safety. Landlords are required to fill verification forms, which are cross-checked with native police stations. Surprise inspections have been conducted to ensure compliance. While no crimes have been directly detected, authorities believe these efforts prevent potential risks and are moving toward an online system to make the process more efficient.Read more

cover photo

Telangana HC seeks quick resolution of FTL, buffer zone land disputes

21 Aug 2025

The Telangana High Court has called for an immediate and coordinated resolution of long-standing disputes related to full tank levels (FTL), buffer zones, and canal lands. Criticizing bureaucratic delays and conflicting land classifications, the court stressed the impact on Hyderabad's urban environment, including worsening parking problems due to unauthorized additional flats. Interim relief in a related case was denied, and the court has scheduled further hearings. Historical lapses, unclear notifications, and regulatory inconsistencies highlight the urgency of clear, unified action by state authorities.Read more

cover photo

Noida Authority intensifies crackdown on illegal constructions

21 Aug 2025

The Noida Authority has launched an aggressive campaign against illegal construction by directing officials to file First Information Reports (FIRs) and proactively follow up on existing police cases. The Authority is creating a comprehensive database to track all enforcement actions, including notices, complaints, and sealed properties. This new system is designed to enhance accountability, prevent negligence, and ensure a more effective and coordinated effort against illegal encroachments, particularly in flood-prone areas.Read more

cover photo

Karnataka passes bill to split BBMP into 5 corporations under GBA

21 Aug 2025

The Karnataka Assembly has passed the Greater Bengaluru Governance (Amendment) Bill, 2025, a landmark piece of legislation aimed at decentralizing the city's civic administration. The bill will replace the existing Bruhat Bengaluru Mahanagara Palike (BBMP) with five smaller municipal corporations to improve urban governance and make it more participatory. Additionally, a new Greater Bengaluru Authority (GBA) has been established to oversee and coordinate development and integrated planning across the entire metropolitan region, which is set to expand from 700 sq km to nearly 1,000 sq km.Read more

cover photo