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

Supreme Court clears insolvency action against Greater Noida real estate firms

11 Feb 2026

The Supreme Court has upheld corporate insolvency proceedings against two real estate companies linked to a stalled commercial project in Greater Noida, dismissing appeals by their former directors. The case was initiated by over 140 allottees who said possession was promised years ago but the project remained incomplete and unusable. The court agreed that financial debt and default were clearly established and ruled that claims of partial completion or limited possession could not block insolvency proceedings already admitted by insolvency tribunals.Read more

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Telangana RERA directs Apoorva Infra to compensate buyers over plot project delays

11 Feb 2026

The Telangana Real Estate Regulatory Authority has ordered Apoorva Infra to compensate buyers of its Swaminarayana Eco Township project in Suryapet district after finding delays in development and failure to meet promised timelines. Acting on three complaints, the authority directed refunds with 10.7% interest in one case and interest payments in two others. It also restrained the developer from selling or marketing plots until its RERA registration is extended and instructed it to complete pending development works, citing violations under RERA norms.Read more

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GLADA removes illegal colonies in Ludhiana, tightens action against unapproved development

11 Feb 2026

The Greater Ludhiana Area Development Authority (GLADA) has dismantled three illegal colonies located in the Manakwal and Mehmoodpura areas of Ludhiana as part of its continued action against unauthorised development. The move followed repeated legal notices issued to developers who failed to stop construction activities. Authorities also initiated legal proceedings and warned homebuyers against investing in unapproved colonies that lack statutory permissions and basic civic infrastructure. The action forms part of GLADA's ongoing enforcement strategy to curb unplanned urban growth.Read more

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Road ministry sets up IIT Madras centre to strengthen national road safety measures

11 Feb 2026

The Ministry of Road Transport and Highways has established a Centre of Excellence for Road Safety at IIT Madras to support safer road planning and implementation across the country. The initiative focuses on research-driven solutions, improved highway design, and the use of technology to reduce accidents. Alongside this, the ministry is rolling out advanced traffic management systems and stricter vehicle safety norms. Mandatory active safety features and advanced driver assistance systems will be introduced in phases from 2027 and 2028 to address high accident rates on national highways.Read more

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HYDRAA seals illegal buildings and reclaims park land in Hyderabad

Hyderabad News Desk

10 Feb 2026

Hyderabad's disaster response and asset protection authority has stepped up action against unauthorised construction and land encroachment across the city. Acting on public complaints and official records, the agency reclaimed park land that had been illegally occupied in Meerpet and sealed two multi-storey buildings in Manikonda that were being built on land reserved for public utilities. The action followed site inspections, verification of approved layouts, and confirmation of forged permissions. Officials have secured the reclaimed land to prevent further misuse and said similar checks will continue in other areas.Read more

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Puducherry government pushes housing subsidy to replace huts with concrete homes

10 Feb 2026

The Puducherry government has started implementing a housing subsidy scheme to help low-income families replace hut dwellings with concrete houses. The initiative combines support from the Union Territory administration with benefits under the Pradhan Mantri Awas Yojana to improve housing quality for the poor and marginalized. Chief Minister N Rangasamy said the scheme is part of a wider welfare approach that also includes higher monthly pensions for elderly people, destitute women and widows, with a focus on improving basic living standards.Read more

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Delhi government plans upgrade of 18,000 slum flats with improved civic facilities

10 Feb 2026

The Delhi government has moved forward with plans to refurbish nearly 18,000 flats located in jhuggi-jhoppri clusters to improve housing quality and basic civic amenities. The proposal includes structural repairs to ageing flats and upgrades to lanes, drainage, pavements, and public toilets, including separate facilities for women. National Buildings Construction Corporation Limited (NBCC) has been tasked with preparing the detailed project report. The initiative comes amid broader government efforts to address poor living conditions in informal settlements and improve access to essential urban infrastructure for slum residents.Read more

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Maharashtra moves closer to decision on Purandar airport funding framework

10 Feb 2026

The Maharashtra government has taken a further step on the proposed Purandar airport near Pune by initiating a review of its funding structure ahead of a cabinet discussion. The focus is on finalising land acquisition costs, financial arrangements, and the roles of key state agencies. The project, planned over around 3,000 acres in Purandar taluka, has already received consent from most affected landowners. Authorities are now working to align funding approvals, land transfer timelines, and institutional responsibilities to ensure smoother execution of the long-pending airport project.Read more

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NHAI accepts INR 9,500 crore InvIT bid to monetise 260 km of highway assets

10 Feb 2026

The National Highways Authority of India has accepted an offer of INR 9,500 crore from Raajmarg Infra Investment Trust for the monetisation of five operational highway sections spanning 260 km across four states. The transaction forms part of NHAI's ongoing asset monetisation programme under the National Monetisation Pipeline. The highways are located in Jharkhand, Andhra Pradesh, Tamil Nadu and Karnataka and include key freight and urban corridors. NHAI has indicated that the Public InvIT structure allows retail investors to participate in revenue-generating infrastructure assets while enabling the authority to recycle capital into new projects. Further asset transfers to the InvIT are planned over the medium term.Read more

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Ahmedabad developers accused of cheating investors in INR 2.22 crore property deals

10 Feb 2026

Two complaints filed at Bopal police station have accused developers linked to Privilon Buildcon LLP of cheating investors of around INR 2.22 crore through unapproved property projects in Ahmedabad's Ghuma area. The complainants alleged that payments were taken for a shop and a 2BHK flat in projects that had no land ownership or RERA approvals. Despite repeated assurances, construction never began. Police have registered FIRs and initiated an investigation to verify documents, trace fund flows, and assess whether more investors were affected.Read more

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