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

PM Gati Shakti platform to strengthen monitoring of Gujarat RERA projects

24 Mar 2026

Gujarat is integrating its RERA-registered real estate projects with the PM Gati Shakti platform to improve monitoring, approvals and urban planning efficiency. The move will allow authorities to align projects with infrastructure networks, enhance geospatial visibility of housing clusters and enable cross-verification of land parcels with environmental and regulatory zones. By linking town planning data with real estate registrations, the initiative is expected to streamline inter-departmental coordination and reduce approval timelines. The integration reflects a broader push towards data-driven governance in real estate, improving transparency while supporting infrastructure-led development and more efficient service delivery across rapidly growing urban areas.Read more

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Ahmedabad clears encroachments in Narol, demolishes 24 structures to enable planned road widening

Ahmedabad News Desk

24 Mar 2026

The Ahmedabad Municipal Corporation (AMC) has demolished 20 residential houses and four shops in the Narol area to facilitate the development of an 18-metre-wide road under Town Planning Scheme 60. The action, carried out after prior notices to occupants, cleared approximately 3,510 square metres of land required for a 195-metre road stretch. Officials stated that the structures were obstructing the approved road alignment and had not been voluntarily removed despite warnings. The demolition was executed in the presence of police to ensure compliance and maintain order. The move forms part of the city's broader infrastructure push aimed at improving urban mobility and implementing planned development layouts across emerging corridors in Ahmedabad.Read more

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CBDT notifies Income-tax Rules 2026 with revised HRA framework and mandatory landlord disclosure

23 Mar 2026

The Central Board of Direct Taxes (CBDT) has notified the Income-tax Rules, 2026, which will come into effect from April 1 and operationalise the new Income-tax Act, 2025. The rules retain the existing house rent allowance (HRA) exemption structure, allowing salaried individuals in eight major cities including Mumbai, Delhi, and Bengaluru to claim up to 50 per cent of salary, while others remain eligible for 40 per cent. However, the framework now mandates disclosure of landlord-tenant relationships for claiming HRA benefits. The revised rules introduce over 150 forms, tighten provisions around capital gains and foreign income tax credits, and expand auditor responsibilities. The new regime is aimed at simplifying compliance while strengthening reporting and verification mechanisms across taxpayers and institutions.Read more

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Government allocates INR 33,660 crore for industrial parks, states to provide land

23 Mar 2026

The Union government has approved an allocation of INR 33,660 crore under the Bharat Audyogik Vikas Yojna (BHAVYA) to develop 100 plug-and-play industrial parks across India. The scheme is aimed at strengthening manufacturing, attracting investment, and reducing setup delays by offering ready infrastructure and pre-approved land. States will support implementation by providing land and facilitating development. The programme is planned over six years, with parks ranging from 100 to 1,000 acres, and smaller thresholds set for hilly and North Eastern regions to account for terrain constraints.Read more

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BMC rejects INR 7.9 crore escalation for Goregaon flyover extension

23 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has rejected a proposal seeking an additional cost escalation of around INR 7.9 crore for the Goregaon flyover extension project. The matter was placed before the civic standing committee by the administration, but members did not grant approval and asked for further examination. The committee has directed that a site inspection be conducted before reconsidering the proposal. The flyover project has already seen multiple revisions in its overall cost over time, and concerns related to delays and planning have led to closer scrutiny of further expenditure requests.Read more

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Parliamentary panel raises concerns over Chabahar port amid sanctions uncertainty

23 Mar 2026

A parliamentary panel has flagged uncertainty around the Chabahar Port project due to changing geopolitical conditions and US sanctions on Iran. While India has already completed its committed investment of USD 120 million, no fresh budget allocation has been made for the upcoming financial year. The port remains strategically important for India's trade access to Afghanistan and Central Asia, bypassing Pakistan. However, evolving global policies, regional tensions, and the status of sanctions waivers have raised concerns about the project's continuity and future operational clarity.Read more

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Cabinet clears INR 6,969 crore NH-927 project to improve connectivity in Uttar Pradesh

23 Mar 2026

The central government has approved the construction of a four-lane access-controlled stretch of National Highway-927 in Uttar Pradesh with an investment of INR 6,969 crore. The 101.5 km project between Barabanki and Bahraich will be developed under the Hybrid Annuity Mode. It aims to reduce travel time to nearly one hour, improve road safety, and enhance connectivity to the India Nepal border. The project will also strengthen links to major highways, generate employment, and support regional economic activity, especially in trade and logistics.Read more

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Pune clears INR 126 crore Mundhwa flyover to ease congestion

Pune News Desk

23 Mar 2026

Pune Municipal Corporation has approved an INR 126 crore flyover at Mundhwa junction to reduce congestion at one of the city's busiest traffic points. The 1.08 km structure will improve connectivity between Kharadi, Mundhwa, and nearby residential areas. Planned in coordination with a proposed metro corridor, the project aims to avoid future disruptions. With no land acquisition required and encroachments already cleared, execution is expected to be smoother. A pedestrian underpass has also been approved, while a railway flyover proposal remains under review due to technical challenges.Read more

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Nashik civic body extends deadline for utility works on Kumbh-linked roads

23 Mar 2026

The Nashik Municipal Corporation has extended the deadline for completing utility works on 28 key roads linked to the 2027 Simhastha Kumbh Mela. The move allows additional time for laying underground infrastructure such as water pipelines, drainage lines, gas pipelines, and optical fibre networks before road construction begins. These roads are part of a larger infrastructure push worth around INR 1,270 crore aimed at improving connectivity across Nashik and Trimbakeshwar. The extension reflects coordination challenges among agencies, while ensuring that roads are not repeatedly dug up after completion.Read more

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Delhi High Court gives SpiceJet more time to deposit INR 144 crore, rejects property offer

Delhi News Desk

23 Mar 2026

The Delhi High Court has granted SpiceJet four additional weeks to deposit INR 144 crore in its ongoing dispute with Kalanithi Maran and KAL Airways. The airline's request to submit property worth about INR 148 crore instead of cash was rejected. SpiceJet cited liquidity pressure due to reduced operations on Gulf routes amid West Asia tensions. The case stems from a 2015 share transfer deal and has seen multiple legal proceedings, with courts consistently directing the airline to comply with monetary obligations.Read more

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