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

Delhi imposes INR 40 lakh fine on construction projects for dust pollution violations

In a stringent move to combat dust pollution, the Delhi Environment Department recently imposed an INR 40 lakh fine on a commercial construction project near Indira Gandhi International Airport for failing to adhere to dust control norms. The Delhi Pollution Control Committee (DPCC) found multiple violations, including lack of dust barriers, uncovered construction materials, and absence of vehicle wheel washing protocols. Additionally, four other construction sites received show-cause notices, each facing an INR 10 lakh penalty. These actions align with the ongoing enforcement of the Graded Response Action Plan (GRAP) Stage I, aimed at curbing pollution during poor air quality days.Read more

cover photo

NMMC demolishes illegal structures in Nerul and Belapur after notice is ignored

The Navi Mumbai Municipal Corporation (NMMC) undertook decisive action against unauthorized constructions in Nerul and Belapur. Despite prior notices, violators failed to comply, prompting demolition under the guidance of Commissioner Dr. Kailas Shinde. In Nerul, an illegal mezzanine structure was removed and an INR 10,000 fine was imposed. Similarly, 72 unauthorized huts behind the Sector-20 cemetery in Belapur were cleared. The operations were carried out with the support of engineering staff, laborers, machinery, and police.Read more

cover photo

Goa HC orders compliance reports on illegal buildings by June 12, 2025

The Bombay High Court at Goa has ordered all municipalities and panchayats to submit reports on unauthorized constructions by June 12, 2025, amid growing concern over illegal structures in ecologically sensitive zones. Stemming from a suo motu PIL, the court has also directed the deployment of two demolition squads per district and mandated geo-mapping to identify violations using satellite and GIS data. The move aims to curb rampant illegal construction in paddy fields and no-development areas, preserving Goa's fragile environment. Local bodies face heightened accountability as the state pushes for legal, transparent, and ecologically sound development practices.Read more

cover photo

Bombay HC orders BMC to demolish illegal community hall on Ghatkopar playground plot

The Bombay High Court has directed the BMC to demolish an unauthorized community hall built by Akhil Bhatwadi Sarvajanik Utsav Mandal on a Ghatkopar plot reserved for a playground. The court found BMC and MHADA approvals invalid, ordered demolition within a week, and held civic officials accountable for inaction. It also criticized the trust's misuse of court injunctions and referred its lawyer to the Bar Council for misconduct. The court reaffirmed that reserved open spaces must be preserved, signaling strict enforcement of urban planning norms and a crackdown on illegal constructions that strain civic infrastructure.Read more

cover photo

Neomax scam: ED seizes assets worth INR 122 crore in major money laundering probe

The Enforcement Directorate has attached assets worth INR 121.8 crore from Neomax Properties and its group companies under the PMLA, linked to a massive INR 8,000 crore investor fraud. The properties-spread across Tamil Nadu-add to a prior INR 117 crore attachment confirmed in December 2023. The ED's probe revealed that Neomax lured thousands with promises of 12-30% returns on real estate plot schemes, but diverted funds into unrelated businesses instead. Thousands of investors remain unpaid, and officials say more properties may be seized. This is among the largest financial fraud cases in Tamil Nadu, with assets attached now valued over INR 800 crore.Read more

cover photo

Pune Cantonment Board proposes doubling FSI to 2.0 for civil areas, impacting 2,500 properties

The Pune Cantonment Board has proposed increasing the Floor Space Index (FSI) from 1.0 to 2.0 for civil areas under its jurisdiction, aiming to modernize outdated norms and support redevelopment. If approved by the Directorate General of Defence Estates, the change will impact over 2,500 properties across six wards. The move addresses long-pending resident demands for flexible construction rules to accommodate growing families. It also serves as a fallback in case the proposed merger with PMC doesn't go through. The PCB consulted COEP Tech to draft the byelaws, aligning with the Defence Ministry's push to update cantonment regulations nationwide.Read more

cover photo

Ghaziabad flat owners push for greater authority in RWA elections and dispute resolution

In recent developments, the Federation of Apartment Owners Association (FedAOA) in Ghaziabad has urged the Uttar Pradesh government to grant them enhanced powers to oversee Resident Welfare Association (RWA) elections and address internal disputes. Their appeal highlights concerns over delayed or non-existent elections in numerous housing societies, leading to governance challenges. FedAOA emphasizes the need for a structured framework to ensure timely elections and effective dispute resolution mechanisms, aiming to foster transparency and accountability within residential communities.Read more

cover photo

Allahabad HC quashes YEIDA's INR 114 crore transfer fee demand on Gaursons' mega project

The Allahabad High Court recently ruled against the Yamuna Expressway Industrial Development Authority's (YEIDA) demand for a INR 114 crore transfer fee from Gaursons Mega Projects Pvt Ltd. The court emphasized that such charges cannot be imposed without prior approval from the Uttar Pradesh government. This judgment pertains to a commercial plot in Noida Sector 129, originally leased to Jaypee Infratech Ltd in 2008 and subsequently sub-leased to Gaursons. YEIDA's 2017 memorandum, which introduced the transfer fee, lacked the necessary governmental sanction, rendering it unenforceable. The court's decision underscores the necessity for statutory backing in implementing such financial obligations.Read more

cover photo

LIT awaits nod for Lohara-Jaspal Banger township plan in Ludhiana

The Ludhiana Improvement Trust (LIT) has been awaiting approval from the local bodies department for its proposed residential and commercial development near Lohara and Jaspal Banger. The plan, initiated in 2023, involves acquiring at least 100 acres to establish a mixed-use township featuring residential units, hotels, restaurants, and theatres. Despite completing internal planning and submitting a resolution, LIT has yet to receive a response. Additionally, LIT has proposed transferring maintenance responsibilities of existing areas to the Municipal Corporation due to limited resources, leaving the Atal Apartments project as its primary focus.Read more

cover photo

HYDRAA cracks down on illegal land grabs in Raidurg and Hafeezpet

A young boy's complaint about losing a local cricket ground sparked a major land reclamation drive in Hyderabad. He alerted HYDRAA about illegal development on a disputed plot in Raidurg and nearby lake-filling for housing. A swift inspection revealed that Narne Estates had begun unauthorized sales and construction without approvals. HYDRAA demolished the structures and filed a police case. On the same day, HYDRAA uncovered a larger land grab in Hafeezpet, where Vasantha Homes illegally developed 39.2 acres of government land using fake records. These actions highlight growing concerns over encroachments and stress the need for strict enforcement and transparency in urban development.Read more

cover photo