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

Amaravati infrastructure works reviewed on site to track progress and coordination

29 Mar 2026

An on-site review of ongoing development works in Amaravati was carried out by S.V.R. Srinivas, Managing Director of AGICL. The inspection covered major projects including the MLA/MLC housing, minister bungalows, and judges and secretaries residences. A review meeting was also held with project representatives from KMV and BSR to assess construction progress and resolve issues. The review extended to AGC roads and underground utility works, which are key to the city's integrated infrastructure, with emphasis placed on timelines, quality standards, and coordinated execution across agencies.Read more

cover photo

ED attaches INR 1,700 crore assets in Mahadev betting case, includes Dubai properties

29 Mar 2026

The Enforcement Directorate has provisionally attached immovable assets worth around INR 1,700 crore in the Mahadev online betting app case. The properties are largely located in Dubai, including luxury units in Burj Khalifa, Dubai Hills Estate, and Business Bay, along with a few in New Delhi. These assets are linked to promoter Sourabh Chandrakar and his associates and are believed to have been purchased using proceeds from illegal betting activities. With this, the total value of attached assets in the case has crossed INR 4,300 crore, reflecting the scale of the investigation.Read more

cover photo

APCRDA Commissioner reviews Amaravati projects, directs efficient management of rainwater flow

29 Mar 2026

APCRDA Commissioner K. Kannababu IAS inspected multiple ongoing infrastructure projects in Amaravati, including Kondaveeti Vagu, associated canals, and Krishnayapalem Reservoir, along with senior officials. The inspection focused on managing rainwater flows following recent heavy rains and ensuring that construction activities are not disrupted. Officials were instructed to monitor reservoirs, maintain proper water movement through gravity canals, and prevent water accumulation from affecting transport and nearby residents. The Commissioner also emphasized creating alternative routes and maintaining continuous oversight of water management across key project areas.Read more

cover photo

Maharashtra transfers 83,904 acres of government land to mmrda to boost infrastructure

29 Mar 2026

Maharashtra has transferred 83,904 acres (33,954 hectares) of government land to the Mumbai Metropolitan Region Development Authority (MMRDA) to strengthen infrastructure development and secure financial closure for its FY27 project pipeline. Spread across 1,324 villages in Thane, Kalyan, Panvel, Palghar, Vasai and other key areas, the land will be utilised in a need-based manner for transit-oriented development, economic hubs, logistics parks, housing, and integrated urban nodes. The policy includes oversight mechanisms, digitisation of records, and revenue sharing with the state.Read more

cover photo

Corner node installation begins for diagrid structure at Amaravati Secretariat towers

29 Mar 2026

Construction at the Amaravati Government Complex has moved into a key phase with the start of corner node installation for the Secretariat and HOD Towers. The work, part of the advanced diagrid structural system for Towers 3 and 4, is being executed by Larsen & Toubro. Officials from the state government and project authorities marked the beginning with traditional rituals. This stage is important for structural strength and design efficiency. The development reflects ongoing efforts to build modern administrative infrastructure and strengthen Amaravati's position as a planned capital city.Read more

cover photo

Bengaluru apartment complexes face regulatory action over sewage discharge into Shikaripalya Lake

Bangalore News Desk

29 Mar 2026

Several apartment complexes in Bengaluru's Anekal region have come under regulatory scrutiny for discharging untreated sewage into Shikaripalya Lake, prompting action from the Karnataka State Pollution Control Board (KSPCB). Show-cause notices have been issued to multiple residential associations and an educational institution for failing to install mandated sewage treatment plants (STPs) and obtain regulatory approvals. The violations were identified during inspections conducted in the past few months, with authorities linking the lake's deteriorating condition to direct sewage inflow, rapid urbanisation and inadequate drainage infrastructure. The National Green Tribunal has also directed environmental audits across the lake's catchment. The development highlights growing compliance concerns in high-density residential clusters across Bengaluru's expanding peri-urban zones.Read more

cover photo

Telangana High Court rebukes HYDRAA over alleged forcible takeover of private plot in Hayathnagar

29 Mar 2026

The Telangana High Court has criticised the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) for allegedly taking over a 650 sq yd private land parcel in Sahebnagar Kalan, Hayathnagar, on the outskirts of Hyderabad. The court, while hearing a petition filed by the landowner, observed that the agency's actions appeared unconstitutional and questioned its intervention in a dispute already under judicial consideration. HYDRAA had reportedly acted on claims that the land encroached upon a public park. The court has sought a response from the agency and flagged concerns over repeated instances of similar conduct, indicating continued judicial scrutiny of enforcement actions related to land disputes in the region.Read more

cover photo

Navi Mumbai civic body undertakes demolition action against unauthorised construction in Koparkhairane

28 Mar 2026

Navi Mumbai Municipal Corporation carried out demolition action against an unauthorised structure in the Koparkhairane division after the concerned party failed to respond to statutory notices. The action followed a notice issued under Section 54 of the Maharashtra Regional and Town Planning Act, 1966, served earlier this month. The partial demolition was conducted under the direction of Municipal Commissioner Dr Kailas Shinde, with supervision from senior civic officials. The enforcement drive involved municipal staff, police presence and the use of mechanised equipment. The civic body has indicated that similar enforcement actions will continue across its jurisdiction to address unauthorised constructions and ensure compliance with planning regulations.Read more

cover photo

Haryana unveils mixed land use policy to clear pending projects and streamline approvals

28 Mar 2026

The Haryana government has approved a new mixed land use policy aimed at resolving delays in development approvals and accelerating stalled projects across the state. Cleared by the state cabinet, the policy introduces flexibility by removing fixed percentage caps for residential, commercial, and institutional components within mixed-use zones, while retaining restrictions on industrial expansion. It mandates a 70:30 ratio between primary and allied uses, with scope for variation. The move addresses long-standing regulatory ambiguity that had held up multiple developments, particularly in urban centres such as Gurugram and Faridabad. The policy is expected to provide clarity to developers and enable faster processing of applications under existing planning frameworks.Read more

cover photo

CREDAI-MCHI hosts felicitation event for Mumbai mayor and Maharashtra advocate general

28 Mar 2026

CREDAI-MCHI recently organised a felicitation ceremony in Mumbai to honour the appointment of Mayor Ritu Tawde and Maharashtra Advocate General Dr. Milind Sathe. The event brought together senior government officials, legal experts, and real estate leaders to recognise the importance of these roles in shaping the city's development. It also served as a platform to discuss key urban and regulatory issues. The developers body highlighted its intent to work closely with policymakers to ensure structured growth, better infrastructure, and improved coordination between the government and the real estate sector across the Mumbai Metropolitan Region.Read more

cover photo