We got our citizenship so wanted to share the application timeline to give some idea to the others as this forum has always been a great help for me (big thanks to forum moderators and members)
Application sent - 30 May 2020
Citizenship received 29 July 2020
It seems it's taking roughly 2-3 months to process applications based on my observation from the people who got their applications approved recently but as always may vary case by case.
Good luck to everyone who is waiting for the outcome on their applications.