Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Law & Policy

NGT allows construction to resume at Pune project with pollution controls

The National Green Tribunal has allowed construction to resume at a major residential or mixed-use project in Pune�s Baner area, subject to strict environmental safeguards. The order requires the developer to install real-time air quality monitoring systems and make pollution data publicly available. Mandatory dust-control measures, including water sprinkling, material covering and wheel-washing facilities, must be followed throughout construction. Regular reporting to pollution control authorities has also been directed, with provisions to halt work if limits are breached. The decision balances development needs in one of Pune�s fast-growing residential hubs with concerns around air quality, public health and responsible urban growth.Read more

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BMC halts construction at Mahalaxmi project over air pollution lapses

The Brihanmumbai Municipal Corporation has ordered a temporary halt to construction at the Prestige Towers project in Mahalaxmi after identifying violations of mandatory air pollution control norms. Inspections revealed inadequate dust mitigation measures, including insufficient barricading, lack of continuous water sprinkling and absence of required dust suppression systems. The civic body said these lapses could worsen air quality and pose health risks to nearby residents, commuters and on-site workers. The action is part of BMC�s intensified monitoring of construction sites across Mumbai, especially during periods of high pollution. Work at the site will remain suspended until all prescribed air quality and environmental safeguards are fully implemented and verified.Read more

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UP waives building permit fees for small residential and commercial plots

The Uttar Pradesh government has waived building permit and inspection fees for small residential and commercial plots after amending state building byelaws. Under the new rules, owners constructing on residential plots of up to 100 sq m and commercial plots of up to 30 sq m will not be required to pay approval-related charges. The move aims to lower construction costs, reduce procedural delays and encourage formal development. Construction approvals will now be granted through an online deemed-approval system, provided basic norms are met. The amendments also update technical definitions to align with modern building practices. The changes are expected to benefit small homeowners, local businesses and low- to middle-income groups across the state.Read more

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AMC cracks down on unlicensed eateries across Ahmedabad

The Ahmedabad Municipal Corporation has sealed six well-known eateries after inspections revealed they were operating without valid licences and mandatory approvals. The action followed routine checks and public complaints, which found gaps in trade licences, fire safety clearances and regulatory permissions. Notices were issued to the establishments, but failure to submit proper documentation led to the sealing of premises. Civic officials said the move is part of a wider enforcement drive to ensure compliance with health, safety and urban regulations. The corporation has urged all food businesses in the city to verify their licences and approvals, warning that similar action will continue to protect public health and maintain regulatory discipline.Read more

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NHAI tightens highway safety steps as fog reduces visibility

The National Highways Authority of India has intensified safety measures across national highways as dense winter fog continues to affect visibility in several regions. The move focuses on improving on-ground infrastructure, increasing driver awareness, and strengthening emergency response systems. Actions include restoring road signage, enhancing reflective markings, deploying electronic warning systems, and conducting regular night inspections. NHAI has also directed field teams to coordinate closely with local authorities to address accident-prone stretches quickly and ensure smoother traffic movement during foggy conditions.Read more

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Navi Mumbai launches crackdown on illegal hawking and encroachments

The Navi Mumbai Municipal Corporation has intensified its enforcement drive against illegal use of marginal spaces and unauthorised hawkers across multiple wards. Civic teams carried out coordinated inspections in Vashi, Belapur and the APMC Market area, seizing materials and collecting penalties exceeding INR 1.55 lakh as part of a citywide effort to keep roads and footpaths obstruction-free.Read more

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UP RERA approves 16 projects worth INR 3,200 crore across nine districts

The Uttar Pradesh Real Estate Regulatory Authority has approved 16 new real estate projects across nine districts, involving a total investment of about INR 3,200 crore. Lucknow led the approvals with six projects worth over INR 2,150 crore, covering residential, commercial and mixed-use developments and adding more than 1,400 units. Other cities including Agra, Ghaziabad, Moradabad, Bareilly, Jhansi and Mathura-Vrindavan also received clearances, largely in the residential segment. The approvals reflect steady momentum in regulated real estate development across the state. The projects are expected to boost housing supply, support urban infrastructure growth and generate employment across construction and allied sectors.Read more

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DDA reclaims 4.5 acres in Sainik Farms by removing illegal farmhouses

The Delhi Development Authority (DDA) conducted a demolition drive in Tilpath Valley, Sainik Farms, targeting illegal farmhouses built on green land allocated for a biodiversity park. The operation recovered around 4.5 acres of land, including a property previously protected by a temporary stay order from the Delhi High Court. Earlier, five of nine identified properties were demolished, including fully built and semi-built farmhouses and a vacant plot. Officials clarified that the land is outside protections under the NCT of Delhi Act, 2014, making the structures unauthorised. This step contributes to conservation and urban land regulation efforts.Read more

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SRCP MPs flag pollution and unsafe highway stretch in Visakhapatnam

YSR Congress Party MPs have raised concerns over rising pollution levels in Visakhapatnam and the poor condition of a key highway stretch in Andhra Pradesh, calling for urgent intervention by state and central authorities. They highlighted worsening air and noise pollution in the port city due to traffic congestion, industrial activity and heavy vehicle movement, which is impacting public health and livability. The MPs also flagged safety risks on a narrow and damaged highway linking major commercial and industrial zones. They urged faster road upgrades, improved safety infrastructure and stricter pollution controls, noting that addressing these issues is crucial for public safety, smoother logistics and sustaining investor confidence in the region' s industrial and real estate growth.Read more

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Gurugram’s stalled CHD Vann project gets NCLT nod for restart under Roots Developers

The NCLT has approved separating CHD Vann from the insolvency case of CHD Developers, giving landowner Roots Developers full control to revive the long-delayed housing project in Gurugram’s Sector 71. Launched in 2014, the 10-acre project includes 569 units but stalled after CHD Developers entered insolvency, leaving buyers waiting for over a decade. Under a settlement with Edelweiss ARC, Roots will pay INR 22.9 crore to clear claims and take over all rights to the project. The developer plans to finish construction, deliver homes to existing allottees and sell remaining units to fund completion. The move offers relief to buyers and supports revival of stalled projects in the region.Read more

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