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

UP RERA says 1.15 lakh units remain unsold, warns buyers against artificial scarcity claims

07 Jun 2026

Uttar Pradesh's real estate regulator has stated that more than 1.15 lakh residential and commercial units are currently available for sale across the state, rejecting concerns about any immediate supply shortage. The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has cautioned prospective homebuyers and investors against claims by developers or property agents suggesting that inventories are running low or that prices are likely to increase sharply. According to the regulator, the available stock includes flats, villas, plots, shops, offices and other commercial properties spread across the western, central and eastern regions of the state. UP RERA has advised buyers to conduct thorough due diligence, verify project details through the regulator's portal and make property investment decisions based on facts rather than marketing pressure.Read more

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Himachal to frame land pooling policy as BBN satellite township plans gather pace

07 Jun 2026

The Himachal Pradesh government has decided to prepare a Land Pooling Policy modelled on successful land assembly frameworks adopted in other states, including Punjab, as part of its broader urban planning and decongestion strategy. The decision was taken during a meeting of a Cabinet Sub-Committee chaired by Revenue, Horticulture and Tribal Development Minister Jagat Singh Negi. The committee reviewed plans for a new township in the Baddi-Barotiwala-Nalagarh (BBN) industrial belt and a proposed satellite town inspired by Chandigarh’s development model. Officials informed the panel that around 7,042 bighas of land had already been consolidated for the project. The meeting also focused on reducing traffic congestion in Shimla through infrastructure upgrades, relocation of wholesale markets and improved traffic management measures across key junctions.Read more

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RBI likely to maintain cautious stance as West Asia tensions raise inflation concerns, says Sanjeevini Group founder

07 Jun 2026

Continuing geopolitical tensions in West Asia could prompt the Reserve Bank of India (RBI) to retain a cautious monetary policy stance amid renewed inflationary pressures, according to Umesh Gowda H A, Chairman and Founder of Sanjeevini Group. He noted that elevated commodity prices and currency market volatility stemming from the conflict are creating uncertainty around inflation and economic growth. While rising construction costs may gradually push up housing prices and temper short-term buyer sentiment, a stable interest rate environment would provide support to home loan borrowers. Developers are also expected to focus on product innovation and calibrated ticket sizes to sustain affordability and maintain demand across residential markets.Read more

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Western Railway begins site protection works at Garib Nagar after clearing land for Bandra Terminus expansion

07 Jun 2026

Western Railway has started fencing and concreting work on reclaimed land at Garib Nagar in Bandra East following the demolition of more than 500 unauthorised structures. The cleared land, spread across about 5,200 sq m, has been secured to prevent fresh encroachments and facilitate the planned expansion of Bandra Terminus. The project forms part of broader efforts to increase station capacity and improve rail infrastructure in Mumbai. Authorities have accelerated site protection measures while continuing debris removal and land development activities.Read more

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Delhi LG calls for coordinated NCR-wide action plan to curb air pollution ahead of winter season

07 Jun 2026

Delhi Lieutenant Governor Taranjit Singh Sandhu has called for a coordinated and time-bound strategy across the National Capital Region (NCR) to address air pollution before the onset of winter. During a review meeting with the Commission for Air Quality Management (CAQM), officials identified road dust, vehicular emissions, biomass burning and industrial pollution as major pollution sources. The discussions focused on inter-agency coordination, dust-control measures, mechanised road sweeping and long-term environmental strategies aimed at improving air quality across Delhi-NCR.Read more

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Delhi orders MCD crackdown after Saket building collapse sparks action on illegal constructions

07 Jun 2026

• Delhi government has directed MCD to intensify action against illegal constructions after a building collapse near Saket Metro station in south Delhi.
• The incident led to multiple casualties and injuries, triggering urgent administrative response.
• Authorities have started inspections in vulnerable areas, especially across South Delhi zones like Saket and Mehrauli.
• Notices are being issued to owners of unauthorized buildings, with sealing and eviction drives planned.
• The government has also ordered accountability for officials linked to enforcement lapses and violations.
Read more

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GVMC Cracks Down on Approval Delays, Pushes Faster Clearances for Real Estate Projects

06 Jun 2026

• GVMC Commissioner Ketan Garg has directed officials to speed up the processing of pending building permissions, Land Regularisation Scheme (LRS) applications and Transferable Development Rights (TDR) approvals to improve service delivery across Visakhapatnam.
• The civic administration reviewed approval pendency levels and flagged delays affecting planning, development and citizen-related applications, calling for stronger inter-departmental coordination.
• Faster clearances are expected to support urban development, improve investor confidence, reduce procedural bottlenecks and ensure timely implementation of real estate and infrastructure projects.
Read more

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Government plans 500 ethanol fuel stations by end-2026, targets 5,000 by 2027

06 Jun 2026

The Centre has announced plans to roll out between 50 and 100 ethanol fuel dispensing stations across Delhi-NCR, Mumbai, Pune and Nagpur as part of efforts to reduce dependence on imported fossil fuels. Petroleum and Natural Gas Minister Hardeep Singh Puri said the network is expected to expand to 500 stations by the end of 2026 and further to 5,000 outlets by the end of 2027. The announcement coincided with the launch of India’s first flex-fuel car by Maruti Suzuki. The government is also moving to widen the use of higher ethanol blends and alternative fuels through proposed amendments to vehicle emission norms. Officials said increased adoption of flex-fuel vehicles could generate substantial additional ethanol demand and boost farmer incomes while lowering crude oil imports and carbon emissions.Read more

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Navi Mumbai pushes recycling agenda with POP reuse, waste management initiatives

06 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) has initiated discussions with environmental organisations, researchers and industry stakeholders to position the city as a recycling hub through a series of circular economy and waste management initiatives. At a special meeting chaired by Municipal Commissioner Dr Kailas Shinde, proposals ranging from plaster of Paris (POP) idol recycling and decentralised waste management to textile recycling, biomass briquettes and biodegradable alternatives to single-use plastics were reviewed. The civic body is also considering a recycling project proposed by the Institute of Chemical Technology (ICT), Mumbai. The discussions come as NMMC prepares for the implementation of Solid Waste Management Rules, 2026, while seeking sustainable solutions for festival idol immersion, urban biodiversity conservation and citizen participation in environmental governance.Read more

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Gurugram mandates fire safety audits for offices, malls, hotels and other commercial establishments

06 Jun 2026

The Gurugram administration has made fire safety audits mandatory for offices, malls, hotels, hospitals, schools and other commercial establishments across the district following growing concerns over fire preparedness in public buildings. Property owners and occupiers have been directed to undertake comprehensive safety inspections and address deficiencies in firefighting systems, emergency exits and evacuation protocols. The move comes amid heightened scrutiny of fire safety compliance in urban centres and is aimed at strengthening preparedness, reducing risks and improving public safety across high-footfall commercial and institutional properties.Read more

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