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

Recovery warrants remain stuck as MahaRERA’s new process fails to deliver relief to homebuyers

20 Feb 2026

Homebuyers in Maharashtra continue to struggle to recover compensation from defaulting developers as recovery warrants remain unexecuted, even after a revised procedure was introduced by the Maharashtra Real Estate Regulatory Authority. The new framework was meant to ensure faster compliance by developers and quicker enforcement through district authorities. However, buyers say delays at the execution stage have left orders ineffective. Senior citizens and long-waiting investors remain uncertain, while activists and court observations have again drawn attention to weak enforcement under RERA.Read more

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Chamarajanagar to declare 67 new revenue villages, unlock development benefits

20 Feb 2026

The Chamarajanagar district administration in Karnataka is set to declare 67 additional human habitations as official revenue villages, a move expected to bring greater development and government benefits to residents, officials said earlier this week. The decision follows the preparation of a final draft that will soon be notified by the state government. Currently, the district recognises 408 villages; the newly identified settlements span across Chamarajanagar, Hanur, Kollegal and Gundlupet taluks. Once formally declared, these habitations will receive official land records, residential certificates and related documentation, unlocking access to government schemes, loans and civic services that have been unavailable due to their unclassified status. Criteria for classification include minimum population, number of families and land area, with relaxed norms for forest fringe settlements. Local leaders have welcomed the move and urged inclusion of additional unrecognised settlements in future phases.Read more

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BMC demolishes unauthorised structures at HR College, Churchgate, disrupting campus operations

Mumbai News Desk

20 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) recently demolished unauthorised portions at H R College of Commerce and Economics in Churchgate, after the institution failed to produce approved building plans or valid permissions. The removed structures included asbestos terrace sheds, rooms on staircase landings from ground to fifth floor, and two mezzanine floors in the library and under the registrar's office. The action followed repeated notices and rejected regularisation applications dating back to mid 2024. College authorities reported disruption of HSC examinations and shifted some classes online while seeking to regularise remaining constructions.Read more

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Road ministry cuts out-of-state operating limit for all-India tourist vehicles to 60 days

20 Feb 2026

The Ministry of Road Transport and Highways has amended the All India Tourist Vehicle Permit rules, reducing the maximum period such vehicles can operate outside their home state from 90 days to 60 days. The revised framework, which will take effect in early April, introduces tighter monitoring through vehicle tracking systems, mandatory clearance of unpaid toll dues, and stricter compliance with traffic violations. The move seeks to address repeated misuse of tourist permits, improve passenger safety, and strengthen toll and regulatory compliance across states.Read more

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Bombay High Court questions BMC’s inaction on open cremations at Manori Beach despite standing ban

Mumbai News Desk

20 Feb 2026

The Bombay High Court expressed strong concern over the Brihanmumbai Municipal Corporation's failure to prevent open cremations on a disputed plot at Manori Beach, even though the land has been under clear court restrictions for years. The court observed that any activity on the site, including cremation rites, was prohibited under earlier orders. It rejected the civic body's claim that the practice continued due to local sentiment and directed the BMC to ensure that all cremations are shifted to authorised facilities without delay.Read more

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Bombay HC rules co-op officials cannot decide flat succession disputes

Mumbai News Desk

19 Feb 2026

The Bombay High Court recently clarified that cooperative society officials, including divisional joint registrars, cannot resolve succession disputes related to housing society membership, as these are civil and property matters requiring legal adjudication. The court overturned a registrar�s decision that had denied membership to a man in a Peddar Road society based on a technical flaw in a nomination form. With most legal heirs supporting the claim, the court emphasized that nominees do not automatically gain ownership and succession disputes must follow personal law and civil procedures.Read more

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AMC clears INR 62.79 crore repair plan for four ageing railway overbridges in Ahmedabad

Ahmedabad News Desk

19 Feb 2026

The Ahmedabad Municipal Corporation has approved an INR 62.79 crore proposal to repair four ageing railway overbridges in the eastern part of the city after technical inspections flagged structural distress. The decision follows expert recommendations highlighting damaged bearings and reduced structural gaps that require immediate attention. The bridges, built between the mid-1980s and late-1990s, will be taken up for phased repairs to ensure commuter safety and extend their service life. The move aligns with wider safety checks initiated across Gujarat after recent bridge failures elsewhere.Read more

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Bhopal’s Lakeview Residency to be demolished and redeveloped as five-star hotel under PPP

19 Feb 2026

A prominent hotel property in Bhopal the MPT Lake View Residency Hotel on Shyamla Hills overlooking the Upper Lake is set to be demolished and redeveloped into a modern five-star hotel with a convention centre under a public-private partnership (PPP) model. The Madhya Pradesh Tourism (MPT) Corporation has awarded redevelopment rights to a consortium led by Genex Hotels Pvt Ltd, Dilip Buildcon Ltd and Indian Hotels Company Ltd (IHCL), which will form a special purpose vehicle to design, build, finance and operate the new facility over a long-term concession. Plans include a luxury hotel with approximately 150 rooms and extensive event space aimed at boosting Bhopal's tourism appeal and positioning the city as a meetings, incentives, conferences and exhibitions (MICE) destination. The project is expected to be completed within about three years.Read more

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Supreme Court declines clearance for Haryana’s Aravalli zoo safari plan

19 Feb 2026

The Supreme Court has declined to grant approval to Haryana's proposed Aravalli Zoo Safari Project, stating that no decision can be taken until experts clearly define the extent of the Aravalli range. The court refused the state's request to circulate the project's detailed report to statutory bodies, despite a reduction in the project area. It reiterated that activities affecting the fragile Aravalli ecosystem cannot proceed without scientific clarity, keeping the proposal on hold amid wider environmental proceedings related to the region.Read more

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Bombay High Court restrains access to high-rise near Colaba naval air station over security issues

Mumbai News Desk

19 Feb 2026

The Bombay High Court has restrained entry and activity at a high-rise building coming up near INS Shikra, the naval air station and VVIP heliport in Colaba, following concerns raised by the Indian Navy. The Navy challenged the construction as illegal, stating that mandatory defence clearances were not taken despite the project's proximity to a sensitive installation. The court intervened after being informed that plan amendments increased the building's height and floors, raising security risks, especially ahead of an expected VVIP movement.Read more

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