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

Returnable plots allotted to farmers for Seed Axis Road land contribution in Amaravati

22 Mar 2026

Returnable plots were allotted to farmers who contributed land for the Seed Axis Road in Amaravati. In an e-lottery held earlier this week at the APCRDA office in Rayapudi, 17 plots were allocated to 10 farmers from Undavalli village. The allotment included both residential and commercial plots. The process was conducted transparently through an online randomisation system in the presence of farmers, followed by a trial run and live draw. Provisional certificates were issued, and officials advised beneficiaries to complete registration and seek assistance for plot identification.Read more

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Palam Vihar faces stricter action as illegal housing units are sealed and services cut

Gurugram News Desk

22 Mar 2026

Authorities in Gurugram have intensified action against illegal housing units in Palam Vihar, ordering sealing of properties and disconnection of utilities such as water and electricity. The move follows directions from the Punjab and Haryana High Court and complaints from residents about violations of building norms. Several plots were found to have multiple unauthorised units beyond permitted limits. Officials also flagged irregularities in approvals and registrations. With stricter enforcement now underway, the action is expected to impact property owners and tenants while addressing long-standing planning violations in the area.Read more

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Ghaziabad Development Authority achieves only half of compounding fee target

Ghaziabad News Desk

22 Mar 2026

The Ghaziabad Development Authority collected only about 50% of its compounding fee target for the current financial year, highlighting a shortfall in a key revenue stream. Against a target of around INR 103 crore, the authority managed to collect nearly INR 52 crore across its zones. Compounding fees are charged for minor deviations in building plans. Alongside this, the authority also lagged in mutation processing performance on the state dashboard. Officials have linked the shortfall to operational challenges and are planning corrective steps to improve collections and efficiency.Read more

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Karnataka pushes for higher building limits near Bengaluru airports

Bangalore News Desk

22 Mar 2026

The Karnataka government has requested the Centre to review building height restrictions around key aviation zones in Bengaluru, stating that they are affecting real estate development and limiting efficient land use. Deputy Chief Minister D. K. Shivakumar raised the issue with Kinjarapu Ram Mohan Naidu, seeking flexibility similar to other metro cities. The restrictions impact multiple airport and defence-linked areas, reducing the feasibility of vertical projects. The state is also working on long-term infrastructure plans, including a second airport and urban expansion measures.Read more

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NDMC begins pilot for 24x7 water supply in Vinay Marg area

Delhi News Desk

22 Mar 2026

The New Delhi Municipal Council has started a pilot project to provide round-the-clock drinking water supply in the Vinay Marg area, covering about 550 connections, mainly government housing. The initiative focuses on improving supply reliability, reducing water losses, and upgrading infrastructure using systems like SCADA for real-time monitoring. With an estimated cost of around INR 1.38 crore, the project includes pipeline strengthening and network optimisation. It is part of a broader plan to modernise water distribution and, if successful, may be expanded to other NDMC areas.Read more

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Lucknow Development Authority strengthens monitoring of illegal constructions with drones and satellite surveys

Lucknow News Desk

21 Mar 2026

The Lucknow Development Authority (LDA) has adopted drones and satellite imagery to strengthen enforcement against unauthorised constructions and land-use violations. Initial surveys have focused on residential plots along major roads where some properties were being used for offices, showrooms, and retail without approved land-use changes. By combining GPS data, geospatial mapping, and aerial imagery, the authority is identifying deviations like unauthorised floors and layout changes. Over 5,000 illegal constructions have already been detected and sealed. Regular six-monthly surveys across all city zones are planned for ongoing compliance and prompt action.Read more

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Delhi civic body launches digital portal for construction waste collection to curb illegal dumping and improve tracking

Delhi News Desk

21 Mar 2026

The Municipal Corporation of Delhi (MCD) has introduced an online portal to streamline the collection and disposal of construction and demolition (C&D) waste across the capital, enabling residents, developers, and contractors to request pickups through a digital interface. Launched in the past week, the platform connects users with authorised transporters and provides end-to-end tracking of waste movement to designated processing facilities. The initiative aligns with the C&D Waste Management Rules, 2025, and aims to address large volumes of debris generated daily in the city. Authorities have allowed free collection for waste up to one metric tonne, with prescribed charges beyond that limit. The system is expected to strengthen compliance, reduce unauthorised dumping, and support recycling efforts in Delhi's construction sector.Read more

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Navi Mumbai civic body appointed mentor city for five Maharashtra towns under Swachh Survekshan initiative

21 Mar 2026

The Navi Mumbai Municipal Corporation has been designated as a mentor city under the Swachh Survekshan Swachh Shehar Jodi initiative, tasked with guiding five urban local bodies in Maharashtra Kannad, Jintur, Kej, Lonar, and Malkapur. The initiative, led by the central government under the Swachh Bharat Mission, pairs high-performing cities with those seeking improvements in sanitation and waste management. Navi Mumbai, part of the Super Swachh League, has already conducted site visits to assess sanitation systems and recommend improvements across waste segregation, collection, disposal, and public hygiene infrastructure. The programme also includes knowledge-sharing on citizen engagement and digital reporting systems, aimed at enhancing overall urban sanitation standards in participating cities.Read more

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Pune mayor forms committee to review property tax disparities in merged areas amid resident complaints

Pune News Desk

21 Mar 2026

The Pune Municipal Corporation has constituted a committee to examine property tax-related grievances in areas merged into city limits, following sustained complaints from residents and elected representatives. The decision, taken in the past week under the leadership of Mayor Manjusha Nagpure, comes amid concerns over high tax assessments on residential and commercial properties in recently integrated villages. Residents have argued that the current tax structure does not account for infrastructure gaps and differs significantly from earlier gram panchayat-based systems. The committee will review representations, consult stakeholders, and recommend corrective measures in coordination with the state government. The move follows earlier suspension of tax collection in these areas and reflects ongoing efforts to address disparities in taxation as Pune expands its municipal boundaries.Read more

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Power outage at Mahagun Mywoods exposes billing disputes and single-point supply risks in large housing societies

21 Mar 2026

Residents of Mahagun Mywoods in Greater Noida West faced an 11-hour power outage in the past week after the Noida Power Company Limited (NPCL) disconnected supply over unpaid electricity dues of approximately INR 72 lakh. The disruption affected around 4,800 occupied flats across 27 towers, housing over 15,000 residents. The residential complex operates on a single-point electricity connection, where the developer collects payments from residents and remits dues to the utility. Despite partial payments, outstanding dues led to disconnection, forcing residents to rely on diesel generators. Power was restored later the same day after additional payments and an undertaking by the developer. The incident highlights recurring billing disputes and infrastructure risks in large, developer-managed residential communities.Read more

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