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

NGT declines to stay Telangana’s Future City project, seeks replies on environmental issues

11 Apr 2026

The National Green Tribunal (NGT) has refused to grant an interim stay on Telangana's proposed Future City project near Hyderabad, while asking key authorities to respond to environmental concerns raised in a petition. The tribunal has directed the Future City Development Authority (FCDA) and the Union environment ministry to file their replies and listed the next hearing for June 9. The petition alleged that development activities began without mandatory environmental clearances. The state government has maintained that the project is still in its early stage and no violations have taken place.Read more

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Rajasthan proposes seven industrial hubs under Centre’s BHAVYA scheme to strengthen manufacturing ecosystem

11 Apr 2026

The Rajasthan government has proposed seven locations for developing industrial hubs under the Centre's BHAVYA (Bharat Audyogik Vikas Yojana) scheme, aimed at creating next-generation, plug-and-play industrial ecosystems. The proposal, submitted in the past week, aligns with the national plan to develop 100 industrial parks with modern infrastructure and integrated logistics. Most of the identified sites fall within the Delhi-Mumbai Industrial Corridor influence zone, offering connectivity advantages. Existing projects such as the Khushkhera-Bhiwadi-Neemrana Investment Region and Jodhpur-Pali-Marwar Industrial Area are already under development. The state has indicated readiness through available land parcels and an established Special Purpose Vehicle framework, which is expected to reduce project timelines and support investor participation across manufacturing and logistics sectors.Read more

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Residents push for cut in Secunderabad Cantonment property transfer tax to 1.5%

11 Apr 2026

Residents of Secunderabad Cantonment have sought a reduction in the transfer of property tax from 5% to 1.5%, highlighting that the current rate is outdated and higher than nearby GHMC areas. A residents group has requested a fresh notification and wider public consultation before continuing the levy. The demand comes as the Cantonment Board prepares to directly collect the tax from June 2026. Concerns over tax disparity, lack of transparency, and rising financial burden on property owners have brought renewed attention to the issue.Read more

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Mangaluru cracks down on illegal dumping with new C&D waste unit plan at Pachanady

11 Apr 2026

Mangaluru City Corporation is planning a construction and demolition (C&D) waste management unit at the Pachanady dump yard to address rising illegal dumping across the city. Waste is being disposed of in open areas and near riverbanks, raising environmental concerns. Builders will be required to use the facility by paying a fee, while stricter monitoring and penalties are being introduced. The move is part of efforts to improve waste handling and ensure accountability among developers and contractors.Read more

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NCLAT upholds fund distribution to dissenting creditors in OCL Iron and Steel case

10 Apr 2026

The National Company Law Appellate Tribunal upheld the distribution of funds to dissenting financial creditors in the insolvency case of OCL Iron and Steel. It rejected a petition filed by five banks that challenged payments made to State Bank of India and Punjab National Bank. The tribunal ruled that the distribution approved by the Committee of Creditors and later by the adjudicating authority was lawful and aligned with the Insolvency and Bankruptcy Code. It also clarified that the Monitoring Committee did not have the authority to change the approved plan.Read more

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Gurugram RERA clears all pending complaints up to 2024, records strong disposal rate

10 Apr 2026

The Real Estate Regulatory Authority (RERA) in Gurugram has cleared all pending complaints up to 2024, marking a significant improvement in case resolution. The authority stated that over 2,000 cases pending as of the end of the past financial year have now been resolved. In 2025 alone, more than 5,000 complaints were adjudicated, with relief provided in the form of refunds or delayed possession charges based on case merits. Gurugram RERA now leads in complaint disposal efficiency among RERA bodies, despite being among the top in complaint registrations.Read more

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Merlin Group faces ED action in Kolkata over alleged land scam and investor funds

10 Apr 2026

The Enforcement Directorate conducted searches at seven locations linked to Kolkata-based Merlin Group as part of a money laundering probe. The investigation relates to alleged land grabbing using forged ownership documents and raising funds by projecting false ownership claims. Authorities suspect that investors were misled into funding real estate projects built on disputed land. The case is also linked to earlier legal disputes, including a stalled INR 600 crore project and a demolition order in another development. The probe is ongoing, with officials examining financial records and land documents.Read more

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Big relief for homebuyers as IBBI proposes project-wise insolvency in real estate sector

10 Apr 2026

The Insolvency and Bankruptcy Board of India (IBBI) has recommended introducing project-wise insolvency in the real estate sector to better safeguard homebuyers and ensure timely project completion. The proposal suggests treating each project as a separate unit during insolvency proceedings instead of including the entire developer entity. This is expected to prevent financially stable projects from being impacted by stressed ones. The recommendation comes in response to delays and fund diversion issues seen in past cases and aims to improve resolution efficiency and protect buyer interests.Read more

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Noida lifts ban on Sports City projects, allows developers to submit revised plans for approval

Noida News Desk

10 Apr 2026

The Noida Authority has lifted restrictions on four stalled Sports City projects, permitting developers to submit revised layouts for approval and restart long-delayed construction. The decision follows compliance with a Supreme Court directive issued late last year, which mandated a structured revival framework for the projects. Spread across nearly 800 acres, the developments collectively account for around 32,000 residential units and were halted in 2021 after regulatory and audit-related irregularities were flagged. Developers, including Lotus Greens, Logix Infra, ATS Homes and Xanadu Estate, must now present updated plans aligned with original policy requirements, particularly the provision of sports infrastructure. The move is expected to facilitate completion of pending units, enable registrations, and address concerns of thousands of homebuyers affected by prolonged delays.Read more

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Lucknow Development Authority halts demolition drive in Chinhat after resistance from builders

Lucknow News Desk

10 Apr 2026

The Lucknow Development Authority (LDA) halted a demolition drive targeting an unauthorised residential colony in Chinhat after facing resistance from builders and their associates. The enforcement action, carried out in the past week near the Kisan Path corridor, was aimed at clearing illegal plotting spread across nearly seven acres. Officials withdrew from the site after disruptions escalated into stone-pelting, raising safety concerns. The authority has stated that the drive will be resumed with police protection. The incident highlights operational challenges faced by planning authorities in enforcing development regulations amid on-ground opposition. It also reflects ongoing efforts by the LDA to curb unauthorised colonies and ensure compliance with approved layout plans in expanding urban zones of Lucknow.Read more

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