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

Noida authority to roll out land pooling policy to acquire farmland, resolve acquisition impasse

Noida News Desk

14 Feb 2026

The Noida Authority has decided to implement a land pooling policy to secure agricultural land from farmers for urban development, after efforts to buy land at existing rates stalled due to resistance from landowners. The policy, already approved for industrial bodies under state regulations, will allow farmers to contribute land to pooled development and receive a share of the developed plots with 80 % for industrial use, 12 % for residential and 8 % for commercial instead of receiving outright cash compensation. Officials estimate around 500 acres along the Noida Expressway could be brought under the scheme. The authority has also raised the direct purchase rate from INR 5,500 to INR 9,000 per square metre to encourage voluntary sales of smaller plots. Farmers leaders welcomed the policy's use, noting that retaining a share of developed land may offer better long-term value than direct sale.Read more

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NCLT clears resolution plan for Hotel Horizon, equity creation stayed by appellate tribunal

14 Feb 2026

The National Company Law Tribunal has approved the resolution plan for Hotel Horizon, allowing a consortium led by Oberoi Realty, Shree Naman Developers and JM Financial Properties and Holdings to acquire the insolvent company. The plan proposes a payout of INR 919 crore against total admitted claims of INR 1,293 crore, offering around 74% recovery to lenders. Hotel Horizon's main asset is a prime 1.85-acre land parcel in Juhu, Mumbai. However, the National Company Law Appellate Tribunal has put a temporary hold on equity creation under the plan, pending further hearings.Read more

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BMC moves against major property tax defaulters, warns of seizure and auction

Mumbai News Desk

14 Feb 2026

The Brihanmumbai Municipal Corporation has intensified recovery action against large property tax defaulters in Mumbai by issuing attachment and seizure notices under the municipal law. The civic body has identified several major developers and entities with long-pending dues running into hundreds of crores. Officials have warned that movable assets may be seized first, followed by auction of properties if payments are not made. Property tax remains a key revenue source for civic services, and the BMC has urged defaulters to clear arrears through available payment mechanisms.Read more

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Modi asks road transport ministry to fix highway quality and act against weak contractors

14 Feb 2026

Prime Minister Narendra Modi has directed the road transport ministry to urgently address concerns over declining highway quality and submit a clear improvement framework by May. The instruction follows repeated complaints about damaged and poorly built national highways, especially after monsoons. The Prime Minister has asked for stronger standard operating procedures, stricter monitoring, and firm action against underperforming and litigating contractors. The ministry has also been told to review land acquisition disputes, assess contractor performance more closely, and stop converting state highways into national highways.Read more

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NMMC carries out demolition drive against unauthorised fourth-floor construction in Turbhe

14 Feb 2026

The Navi Mumbai Municipal Corporation (NMMC) has undertaken demolition action against an unauthorised construction in the Turbhe division, where a fourth-floor RCC structure was being erected without prior approval. During a site inspection at a residential property in Sector 5, Sanpada village, civic officials found that construction measuring about 9.40 metres by 5 metres was underway in violation of planning norms. Despite the issuance of a notice under Section 54 of the Maharashtra Regional and Town Planning Act, 1966, the work reportedly continued. Acting on senior-level directions, the civic body organised a demolition drive and removed the illegal structure. The operation was carried out under the supervision of senior officials, with police support and demolition equipment deployed. The corporation reiterated that enforcement against unauthorised constructions will be intensified across its jurisdiction.Read more

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Bengaluru development body proposes revised graded penalty for vacant residential plots

Bangalore News Desk

13 Feb 2026

The Bangalore Development Authority (BDA) is considering changes to its penalty regime for vacant residential sites after acknowledging that the existing flat penalty has not achieved its intended results. Under the current policy, allottees have been subject to a uniform penalty equivalent to 10 % of the prevailing guidance value for land that remains undeveloped, yet compliance has been low as many plot holders have neither paid the levy nor begun construction. At a recent governing council meeting, officials discussed replacing the flat rate with a graded structure tied to plot size and construction timelines, with lower rates for smaller plots and early development. The aim is to encourage allottees to build on their land and reduce speculative holding, addressing concerns about idle sites that attract encroachment and other issues across the city's layouts.Read more

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AAI flags unauthorised construction near Dehradun airport, warns of air safety risks

13 Feb 2026

The Airports Authority of India (AAI) has raised concerns about multiple unauthorised constructions around Jolly Grant Airport in Dehradun, highlighting risks to aviation safety. Recent inspections revealed residential and commercial buildings erected without the mandatory No Objection Certificate (NOC), violating height restrictions and clearance norms. Officials said approvals under the Aircraft Act, 1934, are required within 20 km of airports, especially in approach and landing zones. Monthly inspections flag violations and report them to local authorities to ensure obstacle-free airspace for safe aircraft operations.Read more

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Haryana focuses on modernising power distribution and reducing losses

13 Feb 2026

Haryana Electricity Regulatory Commission (HERC) has emphasized the importance of efficiency in strengthening the state's power system. During a public hearing on the Annual Revenue Requirement for 2026-27, HERC Chairman Nand Lal Sharma highlighted the need to modernize the distribution network, reduce Aggregate Technical and Commercial (AT&C) losses, and enhance consumer satisfaction. The discussion also explored the possibility of allowing consumers to choose their electricity provider in the future. Dakshin Haryana Bijli Vitran Nigam (DHBVN) projected revenue requirements, highlighting both a potential surplus and a deficit after adjusting past gaps. Efforts to improve services and further cut losses are underway.Read more

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Haryana CM reviews state schemes, urges faster solarisation, pulse production, and inclusive growth

13 Feb 2026

Haryana Chief Minister Nayab Singh Saini reviewed budget expenditure and the progress of major state schemes, urging faster implementation across departments. He highlighted the need to accelerate solarisation of agricultural pumps under the PM-KUSUM scheme, expand rooftop solar on government infrastructure, and feed surplus energy into the grid. Key focus areas included transport upgrades, EV expansion, MSME incentives, environmental conservation, and promoting pulse cultivation and organic farming. Saini also stressed women's empowerment through Har Hith Stores and enhancing engagement with the NRI diaspora, aiming for inclusive growth and sustainable development across the state.Read more

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Telangana CM seeks Centre’s support for four airport projects, key infrastructure initiatives

13 Feb 2026

Telangana Chief Minister A Revanth Reddy met Union Ministers in New Delhi to seek Central assistance for key infrastructure projects, including four proposed airports in the state. During discussions with Civil Aviation Minister K Rammohan Naidu, Reddy urged the Centre to begin work on Mamnoor Airport near Warangal and sought surveys and clearances for airports at Kothagudem, Antaragam and Adilabad. He also met Defence Minister Rajnath Singh and invited him to the foundation ceremony of the Gandhi Sarovar Project under the Musi Rejuvenation initiative. Additionally, he held talks with IT and Railways Minister Ashwini Vaishnaw regarding various state development projects.Read more

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