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

Telangana RERA fines Bharathi Builders INR 4.74 crore for illegal pre-launch sales

18 Mar 2026

The Telangana Real Estate Regulatory Authority (TG-RERA) imposed a total penalty of about INR 4.74 crore on Bharathi Builders Pvt Ltd for collecting funds from homebuyers through pre-launch offers without registering the Bharathi Lake View Apartments project in Kompally under RERA. The developer accepted payments despite not starting construction or obtaining mandatory approvals. TG-RERA declared the company a defaulter promoter and directed a full refund with applicable interest within 60 days. The authority also emphasized the risks of investing in unregistered projects and called for strict compliance with RERA regulations.Read more

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Gadkari calls for greater use of municipal waste in road construction to conserve natural resources

18 Mar 2026

Nitin Gadkari has advocated increased utilisation of municipal and legacy waste in road construction to reduce dependence on natural resources. Speaking at an event in New Delhi, he indicated that the government has already processed around 80 lakh tonnes of waste, including material from landfill sites such as Ghazipur landfill. The processed waste has been deployed in infrastructure projects including the Delhi-Mumbai Expressway and Delhi-Dehradun Expressway. The initiative is positioned as a step towards sustainable construction practices while addressing urban waste management challenges.Read more

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MHADA to accelerate redevelopment of ageing housing layouts in Mumbai, Pune and Nashik

18 Mar 2026

The Maharashtra Housing and Area Development Authority (MHADA) is planning to push redevelopment of several ageing housing layouts across Mumbai, Pune and Nashik to improve housing conditions and create additional supply in established urban areas. Many of these layouts are over four decades old and require redevelopment to upgrade infrastructure and living standards. At the same time, MHADA is working on a rental housing policy aimed at improving access to accommodation in cities. Strong response to housing lotteries and higher redevelopment premiums have improved the authority's financial position, enabling it to expand redevelopment and housing initiatives across Maharashtra.Read more

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Pune housing society managing committee dissolved after member denied access to documents

Pune News Desk

18 Mar 2026

The cooperative department in Pune has dissolved the managing committee of a housing society in Lohegaon after it failed to provide documents requested by a member despite repeated directions from authorities. The complaint involved denial of access to financial and administrative records such as audit reports, account statements, and income-expenditure details. After reviewing the matter, the Deputy Registrar of Cooperative Societies removed all 18 committee members and placed the society under administrative supervision. The action highlights the legal obligation of cooperative housing societies to maintain transparency and provide records to members when formally requested.Read more

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Mumbai residents seek stronger action against construction pollution and noise

Mumbai News Desk

18 Mar 2026

Residents from western suburbs of Mumbai approached Mayor Ritu Tawde earlier this week to address concerns over pollution and noise from construction sites. Representing communities including Gulmohar, JVPD, Santacruz, Bandra, and Pali Hill, nearly 2,000 residents highlighted worsening air quality, excessive noise, and weak enforcement of construction norms. They urged the Brihanmumbai Municipal Corporation (BMC) to regulate construction hours, implement dust control measures, improve noise monitoring, and appoint a dedicated nodal officer to handle complaints. Their engagement reflects growing citizen demand for healthier and safer urban living.Read more

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Ulhasnagar civic body offers four-day penalty waiver under Abhay Yojana to recover pending property tax dues

18 Mar 2026

The Ulhasnagar Municipal Corporation (UMC) recently introduced a short-term relief initiative called Abhay Yojana to help residents clear pending property and water tax dues. The scheme offered a 100% waiver on penalty charges for taxpayers who cleared their outstanding dues during a four-day window ending March 16, 2026. The initiative was approved following a request from local MLA Kumar Ailani seeking relief for residents facing difficulties in settling tax arrears. Civic officials expect the scheme to encourage defaulters to regularize payments and improve municipal revenue collection needed for maintaining local infrastructure and civic services.Read more

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Gurugram administration calls meeting with developers and RWAs over structural safety complaints

18 Mar 2026

The Gurugram district administration has convened a meeting with developers and resident welfare associations (RWAs) of several housing societies to review complaints related to structural safety and delays in implementing repair measures suggested in structural audit reports. Authorities have asked developers and RWAs to present action-taken reports and updates on pending repair work. The review follows multiple complaints from residents regarding cracks, water leakage and other building defects in residential societies. The administration is expected to assess compliance with safety recommendations and determine timelines for completing necessary structural repairs across affected housing projects.Read more

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Goa consumer forum directs builder to fix leakage and compensate flat owner

18 Mar 2026

The North Goa District Consumer Disputes Redressal Commission has instructed a developer to repair persistent water leakage in a flat and compensate the owner for damages caused. The resident's complaint detailed recurring seepage, false ceiling collapse, and ineffective prior repairs, which the builder had attempted but failed to permanently resolve. The forum directed the developer to complete the repairs within three months and awarded INR 25,000 to the resident for inconvenience and property damage. The case reinforces that builders are legally responsible for structural defects affecting livability.Read more

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ED names Valmark Realty director and BBMP officials in Bengaluru TDR scam probe

Bangalore News Desk

18 Mar 2026

The Enforcement Directorate has filed a prosecution complaint in a Transferable Development Rights (TDR) fraud case in Bengaluru, naming a director of Valmark Realty Holdings Pvt Ltd and 19 others, including former Bruhat Bengaluru Mahanagara Palike (BBMP) officials and brokers. The case originates from a 2019 Anti-Corruption Bureau FIR and involves the alleged fraudulent procurement and sale of Development Rights Certificates. Investigators stated that land records were manipulated and land already sold to third parties was falsely shown as eligible for TDR benefits. The alleged scheme generated illegal proceeds of about INR 27.68 crore.Read more

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Chandigarh realtor arrested over INR 116 crore Smart City funds diversion

18 Mar 2026

Chandigarh Police's Economic Offences Wing arrested realtor Vikram Wadhwa in connection with the alleged diversion of around INR 116.84 crore from Chandigarh Smart City funds. Authorities said Wadhwa colluded with former IDFC First Bank manager Ribhav Rishi, routing government deposits through shell companies into real estate projects in Chandigarh, Mohali, Kharar, and surrounding areas. Investigations revealed missing fixed deposit receipts and unverified transactions worth INR 8.22 crore. Wadhwa and three other accused were brought from jail for questioning, while Wadhwa's legal team challenged the arrest procedure and sought custody clarifications.Read more

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