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

ED conducts fresh searches on Raheja Developers over alleged homebuyer fraud in Delhi-NCR

30 Apr 2026

The Enforcement Directorate has carried out fresh searches at premises linked to Raheja Developers in Delhi-NCR as part of an ongoing money laundering investigation tied to alleged fraud involving homebuyers. The action covers around seven locations and relates to claims of non-delivery of flats in the Raheja Revanta project. The agency had previously conducted searches in the same matter in the past year. The developer has denied any wrongdoing, stating that funds have not been diverted and attributing project delays to lack of supporting government infrastructure. The case highlights continued regulatory scrutiny of delayed housing projects and developer accountability in the NCR market.Read more

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NGT issues notices over Yamuna pollution, illegal construction on floodplains

30 Apr 2026

The National Green Tribunal (NGT) has initiated fresh action on pollution in the Yamuna River and alleged illegal constructions along its floodplains, seeking responses from multiple government agencies. The matter relates to continued discharge of untreated sewage and encroachments in areas such as Mathura and Vrindavan, despite earlier tribunal directives. Authorities including central and state pollution control bodies and local civic agencies have been asked to explain compliance with past orders. The case highlights ongoing environmental concerns linked to river pollution and unregulated development, with implications for urban planning, land use and enforcement in ecologically sensitive zones.Read more

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Nagpur faces INR 2,000 crore property tax backlog, raising concerns over civic finances

Nagpur News Desk

30 Apr 2026

Nagpur Municipal Corporation (NMC) is grappling with nearly INR 2,000 crore in unpaid property tax dues, amounting to almost one-third of its proposed budget for the upcoming financial year. The backlog spans over 4.5 lakh properties, with a significant share pending for more than a decade, reflecting long-standing enforcement gaps. Open plots, unmapped properties and residential units account for a large portion of arrears. The scale of non-compliance has raised concerns over the city’s fiscal stability, as property tax remains a primary revenue source for funding infrastructure and essential services. The situation highlights structural inefficiencies in tax recovery and data systems within urban local bodies.Read more

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Mumbai SRA freezes sale flats to secure rent payments for slum dwellers

Mumbai News Desk

30 Apr 2026

Mumbai’s Slum Rehabilitation Authority (SRA) has introduced a stricter safeguard by freezing a portion of developers’ sale flats to ensure timely rent payments to displaced slum residents. The move requires developers to lock units equivalent to around three years of rent liability until rehabilitation is completed. This builds on earlier rules mandating advance rent deposits but addresses continued delays and defaults. By linking rent obligations to project inventory, the authority aims to improve accountability, reduce financial risk for residents, and bring more discipline to redevelopment projects.Read more

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Telangana plans revision of land values to align with market rates amid real estate growth

30 Apr 2026

The Telangana government is preparing a significant upward revision of land and property registration values across the state, aimed at narrowing the gap between official guidance rates and prevailing market prices. The move, under consideration by the Registration and Stamps department following a cabinet sub-committee review, is expected to impact key urban centres including Hyderabad. The revision is likely to enhance state revenues while increasing transaction costs for buyers. It also comes alongside policy initiatives such as industrial land reforms, signalling a broader recalibration of land administration amid sustained real estate demand and rising property values across the state.Read more

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Alleged construction violations in Shankarapuram trigger civic notices and enforcement scrutiny

30 Apr 2026

Concerns over building norm violations have surfaced in Shankarapuram, Bengaluru, where a construction project on Ranga Rao Road has drawn scrutiny from civic authorities and residents. The issue relates to alleged encroachment and damage to a public drain during construction, prompting notices from the local town planning department and a police complaint. Officials have directed the developers to halt work, restore damaged infrastructure, and submit approved building plans. The case reflects broader enforcement challenges in Bengaluru’s urban development landscape, where adherence to sanctioned plans, protection of civic infrastructure, and regulatory oversight remain critical amid ongoing construction activity.Read more

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Navi Mumbai flags over 500 buildings as unsafe, issues evacuation notices across city

30 Apr 2026

The Navi Mumbai Municipal Corporation (NMMC) has identified more than 500 buildings as structurally unsafe following a city-wide survey, issuing evacuation notices to occupants in high-risk categories. The action, undertaken in compliance with court directions, primarily targets older structures requiring urgent structural audits and potential demolition or repair. Buildings classified under the most critical category have been directed to be vacated immediately, raising concerns over resident displacement and redevelopment readiness. The move highlights increasing scrutiny on ageing housing stock in the Mumbai Metropolitan Region, where structural safety, periodic audits and redevelopment planning remain key challenges for civic authorities and housing societies.Read more

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Delhi Police verifies over 12,800 tenants this year, intensifies enforcement on rental compliance

Delhi News Desk

30 Apr 2026

Delhi Police has carried out tenant verification for 12,860 individuals so far this year, as part of an ongoing drive to strengthen urban security and monitor rental housing across the capital. The initiative includes enforcement action against landlords failing to comply with mandatory verification norms, with hundreds of cases registered for violations. The exercise, conducted across multiple districts, reflects increasing regulatory focus on rental housing compliance amid rising mobility and urban density in Delhi-NCR. Authorities have reiterated that tenant verification is a legal requirement, with both online and offline mechanisms in place, and have urged property owners to adhere strictly to prescribed procedures to avoid penalties.Read more

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Chennai civic body expands composting capacity to improve waste processing

29 Apr 2026

The Greater Chennai Corporation has announced new composting projects to improve solid waste management and reduce pressure on landfill sites. The plan includes a large windrow composting facility at Perungudi and smaller decentralised units in Manali. With the city generating over 6,000 tonnes of waste daily, the focus is on processing biodegradable waste closer to the source, lowering transport costs and cutting emissions. The initiative builds on ongoing biomining work and segregation efforts, though execution and enforcement remain key challenges.Read more

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Consumer court rules against parking fees in malls, calls practice unfair trade

29 Apr 2026

A district consumer court in Raipur has ruled that shopping malls cannot charge visitors for parking, terming the practice an unfair trade under consumer protection laws. The order, issued recently, directed a mall to stop levying parking fees and awarded compensation to the complainant. The ruling was based on the principle that parking is a mandatory component of commercial building approvals and forms part of the services offered to customers. The decision, supported by earlier judicial precedents, may influence similar disputes across cities, particularly as mall operators increasingly monetise ancillary services amid rising operating costs.Read more

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