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

GVMC launches slum survey to drive redevelopment in Visakhapatnam

Visakhapatnam News Desk

26 Apr 2026

The Greater Visakhapatnam Municipal Corporation has initiated a comprehensive survey covering 66 slums across Visakhapatnam to assess housing conditions, infrastructure gaps, and redevelopment potential. The exercise forms part of a broader urban transformation strategy aligned with the Visakhapatnam Economic Region plan. Based on survey outcomes, slums will be categorised for either denotification or redevelopment under a public-private partnership model. Initial projects at Velampeta and Indira Nagar have already been identified, with redevelopment proposals involving multi-storey housing. The initiative also aims to institutionalise a Slum Rehabilitation Authority to streamline execution, financing, and long-term urban planning.Read more

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Centre approves INR 139 crore four-lane cement concrete road beneath Hubballi flyover to improve urban traffic flow

25 Apr 2026

The Union government has approved an INR 139 crore project to construct a four-lane cement concrete road beneath an under-construction flyover in Hubballi, Karnataka. The proposal involves upgrading a key urban stretch with a more durable concrete surface, replacing the earlier asphalt plan. Spanning approximately 3.5 km, the project aims to address traffic congestion and improve road conditions in a high-density corridor affected by ongoing flyover works. The revised plan reflects increased project costs and design changes intended to enhance longevity, reduce maintenance requirements, and support smoother vehicular movement in the city.Read more

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Experts call for planned, fire-safe slum housing after Lucknow blaze leaves over 1,000 homeless

Lucknow News Desk

25 Apr 2026

A recent fire in Lucknow that destroyed over 280 shanties and displaced more than 1,000 residents has prompted urban planners and housing experts to call for structured, fire-resilient slum redevelopment. The incident, intensified by multiple LPG cylinder explosions, exposed vulnerabilities in informal settlements built with flammable materials and lacking basic infrastructure. Experts have recommended in-situ redevelopment, use of safer construction materials, and planned layouts with firebreaks to reduce risks. The development has renewed focus on integrating informal housing into formal urban planning frameworks while ensuring livelihood continuity for low-income residents.Read more

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Supreme Court issues contempt notice over unauthorised constructions in Gurugram, seeks responses

Gurugram News Desk

25 Apr 2026

The Supreme Court of India has issued a contempt notice in a case related to unauthorised constructions in Gurugram, seeking responses from concerned parties over alleged non-compliance with earlier directions. The matter pertains to violations on a land parcel in Chakkarpur village and follows a prior ruling linked to illegal developments. The court has directed respondents to file replies within a stipulated timeline. The development highlights continued judicial scrutiny of building violations in Gurugram, where enforcement and compliance issues have remained under focus across residential and mixed-use areas.Read more

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Gurugram begins demolition drive against illegal housing extensions

Gurugram News Desk

25 Apr 2026

In Gurugram, authorities initiated a large-scale demolition drive targeting unauthorised housing extensions across licensed residential colonies, following judicial intervention. The action came after the Punjab and Haryana High Court stayed the stilt-plus-four construction policy, citing infrastructure stress and encroachments. Enforcement teams removed hundreds of illegal structures, including guard rooms, ramps, kiosks and boundary walls obstructing public spaces. The exercise forms part of a phased compliance programme aimed at restoring right-of-way access, strengthening planning norms, and addressing misuse of residential layouts. Officials indicated that the drive would continue across multiple sectors, with further action planned against violations linked to stilt parking misuse and unauthorised commercial activity within housing colonies.Read more

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Andhra Pradesh pushes LRS approvals ahead of April deadline

25 Apr 2026

The Andhra Pradesh government has directed urban local bodies to expedite approvals under the Layout Regularisation Scheme (LRS) ahead of the upcoming deadline later this week. Officials have been instructed to clear all eligible applications without delay, as the state aims to bring unauthorised layouts into the formal planning framework while boosting revenue mobilisation. The scheme has received over 61,000 applications, reflecting strong demand from plot owners seeking legal status for their properties. Authorities have warned that delays in processing could invite accountability, signalling a stricter administrative approach in the final phase. Unregularised plots may face restrictions on registrations, building permissions and access to financing.Read more

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MDDA rejects Dehradun project near IMA over security lapse

25 Apr 2026

The Mussoorie Dehradun Development Authority rejected a proposed commercial project near the Indian Military Academy following failure to secure mandatory security clearance from defence authorities. The developer was unable to obtain a no-objection certificate (NOC) despite being granted time to comply, leading to the cancellation of the building permit. The project site falls within a high-security zone governed by strict defence regulations that restrict construction near military establishments. The decision underscores tightening enforcement of compliance norms for developments in sensitive areas and signals heightened scrutiny of projects lacking required approvals, particularly those located close to critical national infrastructure and defence installations.Read more

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MCD readies SWAGAM portal for unauthorised colonies regularisation

25 Apr 2026

The Municipal Corporation of Delhi is preparing to launch the SWAGAM portal to enable regularisation of 1,511 unauthorised colonies, marking a significant step in formalising property ownership across the national capital. The platform, which has undergone demo testing, will allow eligible residents—particularly those with ownership rights under the PM-UDAY scheme—to submit applications digitally. Backed by ongoing drone and GIS surveys, the initiative aims to map properties, streamline approvals, and simplify compliance through a user-friendly interface. The move is expected to unlock redevelopment potential, improve access to civic infrastructure, and bring clarity to long-pending ownership and planning issues affecting thousands of households.Read more

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Amaravati authority pushes for fast-track completion of key road junction works

25 Apr 2026

The Amaravati Development Corporation has directed officials to expedite development works at the N-4 and E-3 road junction near Venkatapalem, a key entry point to the capital region. With rising traffic congestion, the authority has prioritised road surfacing, junction upgrades and safety improvements. Coordination with the National Highways Authority of India has also been emphasised for ongoing works near major bypass crossings. Additional focus has been placed on water diversion and infrastructure readiness around key stretches, indicating a broader push to improve connectivity and support the capital city’s ongoing development.Read more

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Noida Authority approves installation of noise barriers on elevated road to curb residential sound pollution

Noida News Desk

24 Apr 2026

The Noida Authority has approved the installation of noise barriers along a key elevated road to address rising sound pollution affecting nearby residential areas. The decision follows persistent complaints from residents over high traffic noise levels on the corridor. The intervention is part of a broader urban infrastructure response to environmental concerns linked to high-capacity road networks. The project will involve installation of acoustic panels along the stretch, aimed at improving liveability in adjoining neighbourhoods while maintaining traffic efficiency on one of the city’s busiest elevated corridors.Read more

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