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

Supreme Court reaffirms property as a constitutional and human right under Article 300-A

08 Jan 2025

The Supreme Court recently delivered a verdict affirming the constitutional right to property under Article 300-A of the Constitution. It highlighted the importance of ensuring individuals receive adequate compensation when their land is acquired by the government. The case involved the Bengaluru-Mysuru Infrastructure Corridor Project, where landowners had been deprived of compensation for over 22 years due to delays by the Karnataka Industrial Areas Development Board. The Court directed the Special Land Acquisition Officer to reassess the compensation based on market value as of 2019 and emphasized the need for prompt action in such cases.Read more

cover photo

Karnataka: Dharwad gets its own municipal corporation after years of demand

08 Jan 2025

The Karnataka cabinet's recent decision to create a separate Dharwad Municipal Corporation has been hailed as a victory by the residents who have been advocating for it for over a decade. The apolitical movement led by the Agitation Committee for Separate Dharwad Municipal Corporation, supported by local organisations and political parties, has finally succeeded. This decision is expected to enhance civic amenities in Dharwad. Previous demands, including a 2021 meeting with former Chief Minister Bommai, have been long-neglected, but now, the creation of a new corporation promises significant improvements, especially in terms of infrastructure and development.Read more

cover photo

Court orders and login issues halt property registrations in Bengaluru

08 Jan 2025

Property transactions in Bengaluru faced significant delays at the start of the year due to confusion over the transfer of 90 sub-registrars. Disputes over positions and conflicting court orders disrupted operations at several sub-registrar offices, with some officers lacking necessary system login IDs. This led to backlogs and halted registrations, causing inconvenience for buyers and sellers. The state government, advised by the Advocate-General, issued login IDs to the newly transferred officers, but resistance from incumbents further complicated the situation. Authorities are working to resolve the issue promptly, highlighting the need for better management of government employee transfers to prevent disruptions in critical public services.Read more

cover photo

Maharashtra panel to inspect integrated townships, addressing delays and compliance

07 Jan 2025

A state-appointed panel will commence inspections of all 30 integrated townships in Maharashtra starting this year, following a year's delay. These assessments will evaluate water availability, construction progress, amenities, and affordable housing provisions while ensuring compliance with the state's integrated township policy. Initial inspections in Nagpur revealed significant delays in delivering promised amenities, prompting calls for stricter checks. Concerns over inadequate civic amenities, such as water shortages and lack of conservation efforts, have been raised by residents. The panel aims to address these issues and ensure planned development across the townships, especially those concentrated in Pune, Konkan, and Nagpur divisions.Read more

cover photo

Hyderabad: GHMC cracks down on illegal constructions with tech-driven enforcement

07 Jan 2025

Hyderabad's illegal construction problem has prompted the Greater Hyderabad Municipal Corporation (GHMC) to adopt stringent measures, including technology integration and stricter penalties. Following Telangana High Court orders, GHMC plans to track violations through an online platform, enforce a 400% penalty on offenders, and mark unauthorized structures in encumbrance certificates to deter buyers. Illegal constructions exacerbate urban issues like waterlogging and traffic congestion, often involving unapproved floors or residential-to-commercial conversions. GHMC's new guidelines aim to ensure sustainable urban growth and compliance with planning norms. Success depends on consistent enforcement, public awareness, and departmental collaboration to address this persistent urban challenge.Read more

cover photo

Gautam Budh Nagar authorities to unify industrial plot allotment policies

07 Jan 2025

The three development agencies in Gautam Budh Nagar-Noida, Greater Noida, and Yamuna Expressway are scheduled to unify their industrial plot allocation procedures after more than 14 years of delays. The authorities have been directed by Chief Secretary Manoj Singh to standardize their policies and submit them for final approval. Plots up to 8,000 square meters will be put up for sale, while bigger plots will be distributed using objective criteria and interviews, according to the updated policy. Although the policy seeks to streamline procedures and encourage openness, questions have been expressed on how it might affect MSMEs and small businesses.Read more

cover photo

Chandigarh Housing Board faces challenges with unpaid rent under affordable housing scheme

07 Jan 2025

The Chandigarh Housing Board (CHB) reports that allottees under the Small Flats Scheme owe a staggering INR 52 crore in pending rent. A total of 13,174 defaulters have failed to pay their monthly dues regularly, leading to significant arrears. The CHB has published the list of defaulters on its website and provided online and offline payment options. The Small Flats Scheme, which includes 18,138 flats, aims to provide affordable housing to families on a monthly rental basis. Strict rules prohibit selling, sub-letting, or transferring these flats to ensure their intended purpose is maintained. The issue of non-payment and unauthorized use has been a recurring challenge for the scheme.Read more

cover photo

Agra: Mubarak Manzil destruction sparks outrage over failed heritage preservation efforts

07 Jan 2025

The 17th-century Mubarak Manzil in Agra, a significant Mughal-era structure tied to Aurangzeb and other prominent leaders, was largely demolished just three months after steps were initiated to protect it. Despite community protests and recent efforts by the state archaeological department to designate it as a protected site, allegations of collusion between a builder and officials led to its destruction. This iconic site, which blended Mughal and British architectural styles, was reduced to rubble, sparking local outrage and an official investigation. The incident highlights the fragility of India's heritage and underscores the urgent need for stronger preservation measures to safeguard historical landmarks.Read more

cover photo

???????? ?? ??-???????? ?? ??? ???????? ?? ?????? ?? ???? ???????? ?? ?????? ?????

07 Jan 2025

???????? ??????????? ?? ??-???????? ???????? ???? ?? ????? ??????, ???????? ?????, ?????? ??????? ?? ???? ?? ????? ??????? ?????, ????????, ?? ??????? ?? ???? ??? ?????? ???? ???? ??? ?? ????? 2024 ??? ???????? ?? 90 ????? ????? ??? ??? ???????? ?? ?????? ?? ????? ??? ??? ???? ?? ??-?????????? ???????? ????? ?? ?????? ???? ????? ?? ???? ????? ?? ?? ???????? ????? ??? ????????? ?????????? ?? ???? ?? ??? ????? ?? ?? ?? ???????? ????? ???????, ????? ?? ?? ?????? ?? ???? ???? ?? ?? ??? ?? ?? ??? ??? ?? ???? ???? ?? ????????? ????? ????? ??????????? (????????) ?????? ????? ??? ?? ???? ???? ?? ?????? ????? ???-????? ????????? ?????? ?? ???????? ?? ????? ???? ?? ?? ???? ?? ????????? ????????? ??? ????? ???????? ?? ?????????? ?? ???????? ?? ??? ???? ???Read more

cover photo

Mumbai: R-Central ward halts work at 66 construction sites in Borivali and Byculla

07 Jan 2025

Following BMC's stop-work orders at 45 construction sites in Borivali East and Byculla, the R-Central ward issued similar notices to 66 additional sites, including Metro 3. The TMC served show-cause notices to 39 sites for non-compliance with dust pollution controls, while the Panvel Municipal Corporation warned 164 builders for pollution violations. Bhushan Gagrani, BMC's commissioner, ordered ongoing restrictions in Byculla until air quality improves. Authorities enforced stringent measures, including dust suppression, air quality monitoring, and environmental management plans. Gagrani inspected multiple sites to assess compliance, while TMC fined 151 non-complying sites and warned 39 for complete violations.Read more

cover photo