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

Naigaon BDD residents begin shift to 2BHK homes after decades in chawls

Mumbai News Desk

19 Mar 2026

Over 800 families from the Naigaon BDD chawls in Mumbai have started moving into newly constructed 2BHK apartments under a major MHADA-led redevelopment project. A total of 864 flats have been handed over in the first phase, with more units expected by April 2026. The redevelopment will replace old 160 sq ft tenements with modern homes of about 500 sq ft. The larger BDD redevelopment plan across Mumbai aims to rehabilitate nearly 15,000 families while improving infrastructure and living conditions without displacing long-standing communities.Read more

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Goa TCP notifies 14 land-use change proposals under Section 39A

19 Mar 2026

Goa's Town and Country Planning (TCP) Department has released 14 proposals to change land use under Section 39A, converting nearly 11,908 sqm of green cover, orchards, and natural cover into settlement zones across Bardez, Ponda, Quepem, and Salcete. These proposals are open for public objections over 30 days, with final approvals contingent on clearances from the forest department, Coastal Zone Management Authority, and Water Resources Department. The move follows growing debate over Section 39A, introduced to correct zoning inconsistencies but opposed by locals for potential ecological impact.Read more

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BMC to renegotiate Gargai dam contract to reduce rising project cost

Mumbai News Desk

19 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) plans to renegotiate the Gargai dam contract after the project cost rose to around INR 5,396 crore, about 11% higher than the original estimate. The standing committee has asked officials to revise the proposal and reduce the financial burden before approval. The project, located in Palghar, is expected to add 440 MLD to Mumbai's water supply and is targeted for completion by 2029. Cost escalation due to land acquisition, rehabilitation, and environmental requirements remains a key concern.Read more

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Cuffe Parade protest over sea bund turns tense as residents and fisherfolk face off

Mumbai News Desk

19 Mar 2026

A dispute over a proposed sea protection bund near Machhimar Nagar in Cuffe Parade led to opposing protests by residents and the local fishing community. Residents raised concerns about possible land reclamation and future encroachments due to ongoing stone dumping, while fisherfolk supported the project, citing repeated flooding during high tides. The situation turned tense when both groups confronted each other at a public garden, requiring police intervention. Authorities maintained that the project is scientifically designed to prevent coastal erosion and protect vulnerable settlements.Read more

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BMC to prepare local area plans around Metro 3 stations for better urban planning

Mumbai News Desk

19 Mar 2026

The Brihanmumbai Municipal Corporation has proposed preparing Local Area Plans (LAPs) for neighbourhoods around all 27 stations of Mumbai Metro Line 3 to improve land use, traffic management, and infrastructure planning. The first phase will cover four stations at a cost of about INR 1.37 crore. The study will include surveys, satellite mapping, and infrastructure assessments. The plans aim to guide development, improve last-mile connectivity, and ensure better integration of transport and urban growth. The full exercise is expected to be completed by 2028.Read more

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Vartak Nagar residents allege TMC and MHADA actions left 127 families without proper rehabilitation

19 Mar 2026

Around 127 families from Vartak Nagar in Thane have alleged that actions by TMC and MHADA during a redevelopment project denied them proper rehabilitation. The issue stems from older housing meant for project-affected persons, where official records were allegedly altered to classify occupants as civic staff. This affected eligibility and reduced flat sizes from earlier approved norms. While redevelopment has been completed, several residents claim they either received smaller units with restrictions or are still awaiting allotment, raising concerns about documentation, transparency, and fairness in the process.Read more

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Council sees uproar over delay in INR 10,900 crore dues to Mumbai civic body

Mumbai News Desk

19 Mar 2026

A disruption in the Maharashtra Legislative Council brought attention to pending dues of over INR 10,900 crore owed to the Brihanmumbai Municipal Corporation. The issue highlights rising financial stress on the civic body, which is handling liabilities exceeding INR 2.32 lakh crore while continuing major infrastructure spending. A large share of pending funds is from the education department, followed by housing and other agencies. The state government has assured phased payments with a small immediate release, but concerns remain over delays and the absence of a clear disbursal timeline.Read more

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Bombay high court brings closure to 76-year property dispute over Pune land

Mumbai News Desk

19 Mar 2026

The Bombay High Court has ended a property dispute that continued for more than seven decades between heirs of landowner MMH Janmohamed. The case, which began soon after India's Constitution came into force, involved two valuable properties in Pune, including a parcel on Deccan College Road and a large tract in Yerawada. Over the years, several claims emerged, including those from the heirs of a former manager and a party citing adverse possession. With compensation for one acquired plot already distributed decades ago, the court has now ordered the division of the remaining one-acre land among the rightful heirs.Read more

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GLADA issues notices to 43 Ludhiana property owners for unauthorised construction

Ludhiana News Desk

18 Mar 2026

The Greater Ludhiana Area Development Authority (GLADA) has intensified its efforts against unauthorised construction in the Shaheed Sukhdev Singh Nagar colony and nearby residential areas. Notices have been issued to 43 property owners for converting residential plots into commercial structures like shops and medical facilities without proper approvals. The authority has begun cancelling sanctioned building plans and is considering stricter actions, including property sealing and demolition. Residents and buyers are urged to verify approvals on the official website before purchasing property to avoid violations and legal issues.Read more

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Andhra Pradesh RERA makes registration mandatory for large housing projects

18 Mar 2026

Andhra Pradesh's RERA has directed all housing projects exceeding 500 square metres or having more than eight apartments to register with the authority before marketing or sales. This step is aimed at increasing transparency and safeguarding homebuyers interests. Non-compliant projects face penalties up to 10% of the project cost, though a transitional window allows unregistered projects to complete registration by the end of this month with a 50% penalty reduction. Builders are also required to submit quarterly progress reports, establish apartment associations, and comply with RERA norms for financial approvals and legal protection.Read more

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