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

Renting out a flat does not automatically remove homebuyer's consumer rights: Supreme Court

10 Feb 2026

The Supreme Court has ruled that renting or leasing a residential flat does not automatically disqualify a homebuyer from being treated as a consumer under the Consumer Protection Act, 1986. The court said consumer status can only be denied if it is clearly proven that the property was bought mainly for commercial purposes. The ruling came while overturning an NCDRC order that had dismissed a complaint solely because the flat was rented out. The court clarified that the burden of proving commercial intent lies with the developer, not the buyer. Since no such evidence was established, the homebuyer's complaint has been restored for fresh hearing.Read more

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Delhi government proposes new bridge over Yamuna to ease traffic congestion

Delhi News Desk

10 Feb 2026

The Delhi government is planning to construct a new bridge over the Yamuna River to address rising traffic congestion and improve connectivity between east and west Delhi, officials said. The proposed structure will link key thoroughfares and is expected to reduce travel times for commuters, decongest existing crossings and support economic activity in growing urban corridors. A preliminary alignment study has been completed, and authorities are moving towards detailed project preparation, including environmental and feasibility assessments. The bridge is intended to integrate with the city's broader urban transport network, complementing metro, road and ring road connectivity. Funding and implementation timelines are being finalised, with the government indicating that the project will be pursued in consultation with central agencies and relevant municipal bodies.Read more

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NHAI confirms subsidence of pier on Moothakunnam-Kottappuram bridge on NH-66

10 Feb 2026

The National Highways Authority of India has confirmed significant subsidence at one of the piers of the Moothakunnam Kottappuram bridge on NH-66 in Kerala. An inspection by an independent engineer recorded a settlement of around 500 mm. The project is being executed under a hybrid annuity model, making the concessionaire responsible for design and safety. NHAI has ordered a detailed technical investigation and corrective measures at the concessionaire's cost, while also approving INR 11.59 crore for maintenance of the adjoining highway stretch.Read more

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DTCP halts property registrations for commercial colony in Gurugram

Gurugram News Desk

10 Feb 2026

The Department of Town and Country Planning (DTCP) has stopped the registration of sale, lease and conveyance deeds for a commercial colony in Gurugram's Sector 53 after finding that the project licence had expired and was never renewed. The licence, issued in 2002 for nearly 3.95 acres, lapsed in 2005. DTCP also noted unpaid statutory dues of about INR 87.6 lakh. Enforcement authorities have directed revenue officials to flag violations and asked police to initiate legal action against the developers.Read more

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Kerala government approves regional rapid transit system to boost connectivity

10 Feb 2026

Kerala has approved a Regional Rapid Transit System connecting Thiruvananthapuram and Kasaragod over 583 km, aiming to enhance mobility and regional development. The project will mostly use elevated tracks to reduce land acquisition and environmental disruption and will integrate with existing and proposed metro networks. Estimated at INR 1.92 lakh crore, the project will be implemented in four phases over around 12 years, with funding shared between the state, central government, and international loans. Experts note speed and long-distance travel limitations, but the plan is considered practical and socially feasible.Read more

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BMC receives only two bids for Worli jetty helipad project

Mumbai News Desk

09 Feb 2026

The Brihanmumbai Municipal Corporation received only two bids for developing a helipad at the Worli jetty on a public private partnership (PPP) basis, showing limited private sector interest. The proposals came from JSW and Raymonds, both with experience in helicopter operations. The helipad will support medium-class helicopters for emergency medical evacuations, coastal surveillance, and VIP movement. The revenue-sharing PPP model requires the selected firm to pay BMC a fixed monthly sum of INR 1 lakh and a share of operational revenue, while also enhancing the site's aesthetics and ensuring aviation compliance.Read more

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Uttar Pradesh rolls out revised one-time settlement scheme for housing allotments

09 Feb 2026

The Uttar Pradesh government has introduced a revised One-Time Settlement (OTS) scheme to resolve long-pending residential and commercial housing allotment cases. The move targets unpaid dues and stalled allotments under state housing and development authorities. The updated framework builds on earlier settlement efforts that were disrupted during the COVID-19 period. The scheme offers financial relief through rebates and structured payment options while aiming to speed up dispute resolution. The initiative is expected to ease pressure on allottees and improve revenue recovery for housing agencies across the state.Read more

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DHFL discharged in INR 5,050 crore money laundering case under IBC immunity

09 Feb 2026

A Mumbai special court has discharged DHFL from an INR 5,050 crore money laundering case, granting it statutory immunity under the Insolvency and Bankruptcy Code following its resolution and acquisition by the Piramal Group. The court held that once an IBC resolution plan is approved, the corporate debtor is protected from liability for past offences. However, the immunity does not apply to individuals involved in the alleged wrongdoing. Former DHFL promoters and Yes Bank co-founder Rana Kapoor will continue to face prosecution under the PMLA.Read more

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Nashik civic body sets March 10 deadline for property tax objections

09 Feb 2026

The Nashik Municipal Corporation (NMC) has asked property owners in the city to verify their property tax assessment details and submit objections, if any, by March 10. The civic body has opened property registers for public inspection at its six divisional offices. Around 5.90 lakh properties are currently on record. NMC has clarified that objections will be accepted only after all pending property tax dues are cleared. The exercise follows earlier surveys that identified unauthorised additional construction, which led to revised tax assessments.Read more

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MHADA moves ahead with redevelopment of four unsafe transit buildings in Sion's Pratiksha Nagar

09 Feb 2026

The Maharashtra Housing and Area Development Authority has approved the redevelopment of four structurally unsafe transit buildings in Sion's Pratiksha Nagar, affecting 261 resident families and four commercial units. The decision follows a structural audit by IIT Bombay that recommended complete reconstruction. MHADA has scrapped an earlier plan to build middle-income group sale housing at the site and will instead construct two high-rise transit buildings with 322 tenements. Residents will be shifted to temporary accommodation with rent support during construction, which is expected to take at least two years.Read more

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