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

Prayagraj restricts property tax rebate to self-occupied homes

09 Apr 2026

Prayagraj Municipal Corporation has clarified that property tax rebates will be available only for self-occupied residential properties, excluding rented or income-generating units. Owners living in houses older than 20 years can get a 40% rebate, while those in newer homes can avail 32.5%. The benefit will be granted only after physical verification by municipal teams. The move follows earlier decisions to provide relief for ageing properties but now focuses on ensuring the benefit reaches genuine occupants and prevents misuse by landlords or investors.Read more

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Greater Noida West residents step up protest as metro plan faces fresh delay

Noida News Desk

09 Apr 2026

Residents of Greater Noida West have intensified protests after the Centre rejected the detailed project report (DPR) for the proposed metro extension. The move has added to delays in a region already struggling with traffic congestion and limited public transport. Citizen groups have raised concerns over daily commuting challenges and warned of larger protests if progress is not made. The project, which has seen multiple revisions over the years, now requires a fresh DPR, further impacting timelines and creating uncertainty for both residents and the local housing market.Read more

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Kurla and Ghatkopar continue to face rising illegal hawking issues

Mumbai News Desk

08 Apr 2026

Kurla and Ghatkopar remain among Mumbai's most affected areas when it comes to illegal hawking, leading to congestion and safety concerns. Repeated action by the Brihanmumbai Municipal Corporation has failed to provide long-term relief, as hawkers often return soon after eviction drives. Busy locations near railway stations and major roads are the most impacted. The issue continues despite court directions and planned regulations, pointing to gaps in enforcement, lack of proper hawking zones, and challenges in managing the large number of unlicensed vendors operating in the city.Read more

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Parliament passes bill granting Amaravati statutory status as Andhra Pradesh’s capital, ending multi-capital ambiguity

08 Apr 2026

Parliament has passed the Andhra Pradesh Reorganisation (Amendment) Bill, formally recognising Amaravati as the sole capital of Andhra Pradesh and providing long-awaited legal clarity on the state's administrative centre. The legislation, approved by both Houses in the past week, overturns earlier proposals for a three-capital framework and establishes Amaravati as the permanent seat of governance. The decision follows years of policy uncertainty after the state's bifurcation and the expiry of Hyderabad's status as a joint capital. The move is expected to support ongoing infrastructure development, where projects worth tens of thousands of crores are underway, and reinforce investor confidence in the capital region.Read more

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Green Gas clarifies no extra charges for PNG connections after resident complaints

08 Apr 2026

Green Gas Limited clarified that only INR 6,000 is payable for piped natural gas connections after residents of Sushant Golf City in Lucknow raised concerns over additional charges collected by the developer. Over 400 households had paid extra amounts, with some charges going up to INR 8,999. The district administration reviewed the matter and directed that no extra fees could be levied. The company stated that its agreement with the developer was limited to infrastructure support and did not allow recovery of additional costs from residents.Read more

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Punjab extends OTS deadline to May 31 as participation remains moderate

08 Apr 2026

The Punjab government has extended the One Time Settlement (OTS) scheme deadline to May 31, 2026, giving taxpayers more time to clear pending dues. The scheme has received over 9,100 applications so far, generating INR 134.21 crore, while waivers of INR 446.17 crore have been granted. The move aims to improve participation and resolve legacy tax disputes. Around 8,000 defaulter properties have also been identified for possible auction if dues are not cleared within the extended timeline, indicating stricter enforcement after the deadline.Read more

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Supreme Court allows Kozhikode-Wayanad tunnel project to proceed, declines to halt environmental clearance

08 Apr 2026

The Supreme Court has allowed the Kozhikode-Wayanad tunnel project in Kerala to move ahead by refusing to interfere with its environmental clearance. The court upheld the earlier Kerala High Court decision and noted the project's importance for regional connectivity and public benefit. While environmental concerns were raised due to the project's location in the Western Ghats, the court observed that expert assessments and safeguards are in place. It also permitted the petitioners to approach the National Green Tribunal if any violations occur during execution, ensuring continued oversight.Read more

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Supreme Court seeks Centre’s response on plea to curb cattle intrusion on highways

08 Apr 2026

The Supreme Court of India has sought responses from the Centre, states and relevant authorities on a petition addressing the issue of stray cattle entering highways. The plea calls for uniform national guidelines, mandatory fencing of accident-prone stretches, and proper funding for cattle shelters. It also proposes penalties for abandonment of cattle and a no-fault compensation system for accident victims. The matter builds on earlier court directions and highlights gaps in implementation, as rising road accidents linked to stray animals continue to raise safety concerns.Read more

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Supreme Court cancels bail of Bhasin Infotech promoter over homebuyers’ fund misuse

08 Apr 2026

The Supreme Court has revoked the bail granted to Satinder Singh Bhasin, promoter of Bhasin Infotech and Infrastructure Pvt Ltd, in the long-pending Grand Venice homebuyers case. The court found that Bhasin violated bail conditions and siphoned INR 75 crore of homebuyers money while out on bail. He has been directed to surrender within a week and serve at least one year in jail before applying for fresh bail. The forfeited bail amount of INR 50 crore will partly support legal aid and partly fund ongoing insolvency proceedings.Read more

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BMC clears three-tier alternative reservoir plan at Malabar Hill

Mumbai News Desk

08 Apr 2026

The Brihanmumbai Municipal Corporation has approved a three-tier alternative reservoir at Malabar Hill to ensure uninterrupted water supply during repairs of the ageing reservoir. The planned facility will have a capacity of 52 MLD and include underground, ground-level, and elevated storage structures. The move follows earlier scrapped reconstruction plans due to environmental concerns, especially around Hanging Gardens. The project has undergone several revisions, including technical inputs from experts. Authorities are currently reviewing visual impact concerns before moving ahead with tendering and execution.Read more

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