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

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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MCD razes 26 illegal properties as Delhi intensifies fire safety crackdown

10 Jun 2026

The Municipal Corporation of Delhi (MCD) has demolished 26 unauthorised properties across the capital as part of an intensified enforcement drive launched following a recent fire tragedy that exposed serious violations of building and fire safety norms. The action forms part of a wider crackdown by civic and government authorities targeting illegal constructions, encroachments and buildings operating without mandatory approvals. The drive has focused on properties found to be in breach of sanctioned building plans, occupancy regulations and safety requirements. Authorities have indicated that enforcement measures, including demolitions and sealing operations, will continue across multiple zones as Delhi seeks to strengthen compliance with urban development and fire safety regulations after the deadly incident.Read more

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UP plans RERA law overhaul to ease real estate transactions

10 Jun 2026

The Uttar Pradesh government has initiated a review of legal provisions governing real estate transactions under the Real Estate (Regulation and Development) Act (RERA), corporate restructuring and Limited Liability Partnerships (LLPs) as part of a broader effort to simplify business processes and improve the ease of doing business in the state. Chief Minister Yogi Adityanath has directed officials to align existing legal frameworks with evolving economic and investment requirements amid rapid urbanisation and growing real estate activity. The proposed reforms are expected to streamline property-related transactions, strengthen transparency and modernise administrative processes within the Stamp and Registration Department. The move forms part of the state's wider push towards technology-driven governance and investor-friendly regulatory systems.Read more

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CBI chargesheets Ninex Developers in homebuyers fraud probe

10 Jun 2026

The Central Bureau of Investigation (CBI) has filed a chargesheet against Gurugram-based Ninex Developers and one of its directors as part of its ongoing investigation into the alleged builder-banker nexus that has affected thousands of homebuyers. The case forms part of a Supreme Court-mandated nationwide probe into allegations of cheating, diversion of funds and financial irregularities involving real estate developers and unidentified officials of banks and financial institutions. The agency has alleged that the developer lured homebuyers and investors through misleading assurances and collected funds without fulfilling project commitments. The chargesheet is the 11th filed by the CBI under the wider investigation, which currently covers 50 cases across the country involving housing projects and alleged fraud against homebuyers.Read more

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Supreme Court seeks MCD accountability after deadly Delhi building collapse

10 Jun 2026

The Supreme Court has been urged to direct the Municipal Corporation of Delhi (MCD) to disclose the action taken against illegal and unauthorised constructions across the capital following the collapse of a five-storey building in Saidulajab that killed six people and injured at least 14 others. A court-appointed amicus curiae has sought a comprehensive affidavit detailing enforcement measures, structural audits and action against erring officials. The plea highlights alleged regulatory failures despite repeated bookings of the building for unauthorised construction over more than a decade. The development comes amid heightened scrutiny of illegal constructions in Delhi and broader judicial concerns regarding violations of building regulations, land-use norms and municipal enforcement mechanisms.Read more

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Supreme Court clears path for settlement in Ardee family property dispute

10 Jun 2026

The Supreme Court has directed the implementation of a mediated settlement in a long-running dispute involving the family of late real estate developer Ashok Varma and assets linked to the Ardee Group. The matter, centred on control of family-owned real estate holdings and business interests, involved Varma's daughters, Shefali Varma and Shibani Varma Kapur. Following mediation led by former Supreme Court judge Justice Kurian Joseph, the parties reached an agreement resolving major areas of contention. The apex court has now ordered execution of the settlement and granted time for completion of the implementation process. The development marks a significant step towards concluding years of litigation surrounding one of the prominent family disputes connected to the Gurugram-based real estate group.Read more

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Greater Noida tower tragedy triggers structural safety review in residential complexes

10 Jun 2026

• A fatal incident in a Greater Noida housing society has raised concerns over structural safety in high-rise residential buildings.
• Authorities have ordered a structural audit of the affected residential complex following the accident.
• Residents staged protests, demanding accountability and immediate safety inspections across the project.
• The incident has reignited discussions around maintenance standards and long-term building safety in NCR's housing sector.
Read more

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Ahmedabad introduces congestion penalty framework for developers undertaking road excavation works

Ahmedabad News Desk

10 Jun 2026

The Ahmedabad Municipal Corporation (AMC) has introduced a new policy requiring developers and utility agencies to bear the cost of traffic congestion caused by road excavation and construction activities. The framework links penalties to the extent of disruption created on public roads and is aimed at improving traffic management, reducing prolonged road occupation and ensuring faster restoration of excavated stretches. Civic officials have stated that the measure forms part of a broader effort to improve urban mobility and strengthen accountability among agencies carrying out infrastructure and development works across the city.Read more

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Karnataka High Court upholds land acquisition for Banashankari VI Stage township project

Bangalore News Desk

10 Jun 2026

The Karnataka High Court has upheld the acquisition of land for the Banashankari VI Stage layout project in Bengaluru, providing a significant boost to one of the city's major residential development schemes. The court dismissed petitions challenging the acquisition process and reaffirmed the legality of the land acquisition undertaken for the Bengaluru Development Authority (BDA) project. The ruling is expected to facilitate the continuation of infrastructure and housing development works within the proposed layout, which has been planned to accommodate the city's growing urban expansion requirements.Read more

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Delhi High Court adds JK Paper to legal dispute over INR 250 crore Prithviraj Road bungalow

Delhi News Desk

10 Jun 2026

The Delhi High Court has brought JK Paper into an ongoing legal dispute over a high-value bungalow on Prithviraj Road in Lutyens’ Delhi, a property acquired by the company for INR 250 crore in 2021. The case relates to claims made by Punit Beriwala, Managing Director of Vipul Ltd, who has alleged that he secured rights in the property through financial arrangements with the original owners nearly two decades ago. With the current owner now formally included in the proceedings, the court will examine competing ownership claims surrounding one of Delhi’s most expensive residential properties.Read more

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