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

Delhi High Court questions Centre's plan for Polo Grounds and Gymkhana land

11 Jun 2026

The Delhi High Court has expressed concern over the Centre's move to reclaim land occupied by the Indian Polo Association and the Delhi Gymkhana Club, observing that the capital cannot afford to lose its limited green spaces. Hearing a petition challenging an eviction notice, the court questioned the future use of the land and the impact on the city's environment and heritage structures. The matter centres on the proposed takeover of prominent properties in Lutyens' Delhi, with further proceedings expected before the trial court.Read more

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APCRDA holds Gram Sabha in Undavalli to discuss land pooling and acquisition for Amaravati projects

11 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a Gram Sabha in Undavalli village to discuss land acquisition and land pooling activities linked to the development of Amaravati. Senior APCRDA officials informed villagers that landowners named in the recent acquisition notification still have an opportunity to join the Land Pooling Scheme within the stipulated timeframe. The authority also assured residents that concerns related to assigned lands, Lankan lands and local infrastructure needs would be addressed as per government guidelines. APCRDA sought continued cooperation from farmers as development works across the capital region gather pace.Read more

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Big relief for Bengaluru homeowners: BESCOM clears path for permanent power connections without occupancy certificate

11 Jun 2026

• Bengaluru homeowners with residential buildings up to 2,400 sq ft can now obtain permanent electricity connections without an occupancy certificate (OC), subject to certain conditions.
• BESCOM has clarified that the benefit will extend beyond those who submitted applications before the earlier deadline.
• Homeowners who completed construction or secured temporary electricity connections before the prescribed cut-off can apply for permanent power supply.
• The clarification addresses confusion caused by a recent Karnataka government order and is expected to benefit nearly one lakh households.
• The move comes amid a large backlog of applications for conversion from temporary to permanent electricity connections across Bengaluru.
Read more

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Delhi orders audit of Narela, Bawana industrial area PPP projects

11 Jun 2026

The Delhi government has initiated a revenue audit of concessionaires operating in the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The exercise will examine financial records, revenue collections, escrow account transactions and payments made under the public-private partnership model implemented by the Delhi State Industrial Infrastructure Development Corporation (DSIIDC). Auditors will assess whether any deviations, irregularities, excess recoveries, revenue suppression or fund diversions occurred during the redevelopment, operation and maintenance of industrial infrastructure. The review is expected to quantify any financial impact and identify recoverable amounts, providing a detailed assessment of the long-running PPP arrangements in two of Delhi’s key industrial clusters.Read more

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Bihar’s new paperless property registration system could make land deals faster and easier

11 Jun 2026

• Bihar is preparing to launch a paperless property registration system to reduce paperwork and simplify land and property transactions.
• The new system is expected to allow citizens to complete most registration-related formalities digitally, reducing visits to sub-registrar offices.
• The initiative is part of the state's wider digital governance push, which includes online registration services, e-stamping and integrated land records management.
• Recent reforms such as doorstep property registration for senior citizens and automatic mutation systems have already strengthened Bihar's land administration framework.
• The move is aimed at improving transparency, reducing processing time and making property registration more efficient for buyers and sellers.
Read more

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Uttar Pradesh to spend INR 350 crore on high-rise fire safety, Ghaziabad and Lucknow to get advanced fire tenders

Ghaziabad News Desk

11 Jun 2026

• Uttar Pradesh has approved an INR 350 crore investment to procure advanced fire tenders and hydraulic platforms for 11 major cities witnessing rapid high-rise development.
• Ghaziabad will receive two 102-metre fire tenders, while Lucknow and Varanasi are set to get high-reach firefighting vehicles capable of handling emergencies in tall buildings.
• The equipment will include hydraulic platforms, telescopic boom systems and turntable ladders designed for rescue and firefighting operations in high-rise structures.
• The move follows growing concerns over fire safety in multi-storey residential and commercial projects across the state.
• The initiative is expected to strengthen emergency response infrastructure as urbanisation and vertical development continue to expand across Uttar Pradesh.
Read more

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427 Madikeri families get permanent homes as Karnataka steps up affordable housing push

11 Jun 2026

The Karnataka government has handed over houses to 427 families in Madikeri, providing permanent shelter to beneficiaries under a state-supported housing programme. The initiative is aimed at improving housing access for economically weaker families and those in need of secure accommodation. The housing distribution is part of the state's broader affordable housing and social welfare efforts. With the latest allotment, the government has taken another step towards addressing housing shortages in the region, while helping beneficiary families gain better living conditions, residential security and long-term stability.Read more

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APCRDA Additional Commissioner reviews road widening works in Undavalli

10 Jun 2026

APCRDA Additional Commissioner Kollabathula Karthik conducted an inspection of roads and key junctions in Undavalli as part of ongoing plans to improve road infrastructure in the Amaravati capital region. The visit focused on proposed road widening works being undertaken in coordination with various government departments. Accompanied by CRDA Special Deputy Collector A.G. Chinnikrishna, the official reviewed locations likely to be affected by the project, including residential areas near the roads. During the inspection, local residents and farmers raised concerns related to the village, and officials assured them that the issues would be addressed on priority.Read more

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MMRDA activates AI-backed monsoon preparedness plan across Maha Mumbai Metro network

10 Jun 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has rolled out an extensive monsoon preparedness strategy across Metro Lines 2A, 2B, 7 and 9 to ensure uninterrupted operations during the rainy season. The plan includes deployment of 2,496 CCTV cameras, 30 emergency water pumps, five standby trains, a 24x7 disaster control room and AI-enabled monitoring systems. Special attention has been given to Metro Lines 2B and 9, which are experiencing their first operational monsoon. The initiative also covers flood mitigation, infrastructure maintenance, passenger communication, weather monitoring and coordinated emergency response mechanisms.Read more

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APCRDA removes encroachments in Amaravati villages as part of city development plan

10 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) carried out a special drive to remove unauthorized encroachments in parts of Amaravati as part of the capital city's planned development and zoning regulations. The exercise was conducted in Krishnayapalem and Venkatapalem villages, where officials cleared structures obstructing roads, footpaths and public land. Authorities stated that the initiative was aimed at improving public safety, easing traffic movement and ensuring compliance with urban planning norms. APCRDA also cautioned against future encroachments on government land and public spaces, warning that violations would attract strict action under existing regulations.Read more

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