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

YEIDA dismantles illegal colonies, reclaims around 25 acres near Noida International Airport

08 Feb 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has carried out a major demolition and anti-encroachment operation to reclaim approximately 25 acres of land near the upcoming Noida International Airport, officials said. The action targeted unauthorised housing colonies and illegally plotted land in villages such as Dayanatpur and Sabota Mustafabad that were being marketed to buyers as airport townships without approvals. Demolition teams cleared a roughly 12-acre colony and adjoining parcels, and also removed encroachments on a key access road leading to the airport. YEIDA officers, supported by police and revenue officials, were present during the drive and said first information reports will be registered against illegal developers. The reclaimed land is estimated to be worth around INR 400 crore and forms part of the authority's broader crackdown against fraudulent real estate activities in its notified area as infrastructure development around the airport advances.Read more

cover photo

Navi Mumbai civic body recovers INR 65,000 in fines, seizes 18 kg of plastic during special enforcement drive

08 Feb 2026

Navi Mumbai Municipal Corporation (NMMC) conducted a special enforcement drive against the use of single-use plastic earlier this month, resulting in the recovery of INR 65,000 in penalties and the seizure of around 18 kg of plastic carry bags within four days. The drive was undertaken between January 22 and January 28 in line with directives issued by the Central and Maharashtra Pollution Control Boards. Inspections were carried out across all ward offices under the guidance of the civic administration, with action taken against multiple commercial establishments found violating the plastic ban. The corporation stated that the campaign formed part of its broader plastic-free city initiative, combining enforcement with public awareness efforts. Officials indicated that such drives would continue to discourage plastic usage and promote environmentally sustainable alternatives across Navi Mumbai.Read more

cover photo

Ahmedabad steps up air quality monitoring at about 140 construction sites ahead of 2030 Commonwealth Games

08 Feb 2026

Ahmedabad Municipal Corporation has intensified air quality monitoring across approximately 140 construction sites as part of broader preparations for the 2030 Commonwealth Games, city officials said. In line with the corporation's Good Construction Practices Policy, large sites with a built-up area exceeding 20,000 sq m are being equipped with dust sensors, air quality display boards and CCTV cameras, and monitored regularly to curb pollution from construction activity. The move forms part of a data-driven strategy to reduce particulate emissions and improve ambient air quality, especially at identified pollution hotspots. Penalties have been levied on sites found in violation of norms, and additional environmental measures, including mist machines and road sweepers, are being deployed across the city to support cleaner air targets ahead of the international sporting event.Read more

cover photo

Delhi High Court orders detailed survey of buildings near heritage sites

08 Feb 2026

The Delhi High Court has directed the Municipal Corporation of Delhi (MCD) to carry out a detailed survey of all buildings around notified heritage sites to ensure compliance with sanctioned plans and construction norms. Petitioners had highlighted unauthorized deviations and potential damage to historic structures in areas like Mehrauli and Hauz Khas. The survey, to be completed within three months, will include a representative from the Heritage Conservation Committee and generate separate reports for each property. Petitioners will have the opportunity to respond to the findings before the next hearing scheduled in May.Read more

cover photo

Uttar Pradesh Housing Board generates around INR 1,000 crore through first-come, first-served housing scheme

07 Feb 2026

The Uttar Pradesh Housing and Development Board has generated approximately INR 1,000 crore in revenue through its recent first-come, first-served housing scheme, according to official disclosures. The initiative, launched late last year, allows homebuyers to book unsold units across the state through a centralised online portal that provides comprehensive property details. More than 2,140 flats have been booked so far. To incentivise participation, the board offered a 15 per cent discount for full payments made within 60 days of booking and a 10 per cent rebate for payments completed within 90 days. The scheme, open until the end of March, has helped convert long-standing unsold inventory into booked homes and bolstered housing board revenue, while emphasising transparency and ease of access in the booking process.Read more

cover photo

Delhi clears illegal structures near Anand Vihar bus terminal in focused drive

Delhi News Desk

07 Feb 2026

The Municipal Corporation of Delhi (MCD) conducted an extensive anti-encroachment drive outside Anand Vihar Bus Terminal after the Delhi High Court lifted a long-standing stay. The operation cleared temporary shops, rehri-patris and other unauthorised roadside structures that had caused congestion, commuter difficulties and high pollution in the area. Officials deployed bulldozers, trucks and over 40 staff during a seven-hour exercise. The civic body had issued prior notices to vendors to vacate voluntarily. Post-drive, the area around the terminal, foot overbridge and nearby railway station was completely free of illegal encroachments.Read more

cover photo

Shine City HR officer held in major Lucknow real estate scam

Lucknow News Desk

07 Feb 2026

Lucknow authorities have recently arrested Preeti Singh, the HR officer and authorised signatory of Shine City Infra Project Pvt Ltd, in connection with a multi-crore real estate scam. The company allegedly lured investors across several districts of Uttar Pradesh with promises of low-cost residential plots and high returns, but failed to deliver land or refunds. Singh is accused of signing buyers agreements that helped legitimise the transactions. The arrest comes as part of ongoing investigations, following earlier complaints and enforcement actions, including asset attachments and multiple prosecutions against Shine City promoters.Read more

cover photo

Navi Mumbai civic body seals seven construction sites in Sanpada over air pollution violations following HC directive

07 Feb 2026

The Navi Mumbai Municipal Corporation (NMMC) has sealed seven construction sites in Sanpada for failing to implement mandatory air and noise pollution control measures, following directions issued by the Bombay High Court in a suo motu public interest litigation related to rising air pollution. The action was taken after inspections revealed multiple violations of the prescribed Standard Operating Procedures, including inadequate site barricading, lack of dust suppression, absence of protective gear for workers and failure to control dust on adjoining roads. Civic officials stated that despite prior notices warning of stop-work action, developers had not complied with pollution control norms. The sealed sites belong to various developers operating in sectors across Sanpada. The municipal corporation indicated that enforcement will be intensified across all zones in the coming period to curb construction-related pollution.Read more

cover photo

Bengaluru BDA launches drive to educate citizens on illegal layouts

Bangalore News Desk

07 Feb 2026

The Bangalore Development Authority has intensified efforts to educate residents about illegal layouts across the city. After a survey revealed 278 unauthorised settlements, mostly on converted agricultural land, the BDA plans to issue 20-30 public notices explaining legal requirements, mandatory approvals, and responsible authorities. While the state government is framing stricter B-Khata to A-Khata conversion norms to protect buyers, activists caution that blanket amnesty could legitimise poorly planned layouts, complicating civic planning and post-occupancy infrastructure. Authorities urge citizens to verify approvals before investing in any layout.Read more

cover photo

Mohali district administration demolishes illegal structures in Sukhna Lake catchment to enforce HC orders

07 Feb 2026

The Mohali district administration has carried out a major anti-encroachment drive against illegal and unauthorised structures in the Kansal catchment area of Sukhna Lake in compliance with directions from the Punjab and Haryana High Court. The operation, conducted in the Naya Gaon area and surrounding localities such as Patiala Ki Rao and Shivalik Vihar, targeted buildings that violated court orders, environmental norms and land-use regulations in ecologically sensitive and floodplain zones. Enforcement teams, operating under the supervision of a designated nodal officer and supported by municipal and police personnel, dismantled multiple structures that were found to obstruct natural drainage and pose environmental risks. Officials reaffirmed a zero-tolerance approach to unauthorised construction in the protected catchment and warned of strict action against future violations. Residents were advised to follow sanctioned building plans and regulatory requirements.Read more

cover photo