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

Patna High Court asks NHAI to find practical ways to stop overloading on national highways

Patna News Desk

07 Feb 2026

The Patna High Court has asked the National Highways Authority of India to identify effective measures to control vehicle overloading on national highways in Bihar. The court observed that overloaded trucks, especially those carrying sand, are damaging roads and bridges and posing safety risks. The direction came during a public interest case where concerns were raised about unchecked movement of such vehicles. The court suggested using technology-based solutions and has asked NHAI to submit its response by mid-February, when the matter will be reviewed again.Read more

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Uttar Pradesh Government approves Urban Redevelopment Policy to unlock Prime City Land for renewal

06 Feb 2026

The Uttar Pradesh government has approved a comprehensive Urban Redevelopment Policy aimed at rejuvenating under-utilised and ageing properties in cities across the state, providing a new roadmap for urban renewal and housing redevelopment. Under the policy, housing development authorities will be empowered to process redevelopment applications from private developers for dilapidated or disputed buildings, ensuring better utilisation of prime city land parcels and improved urban infrastructure. The policy also includes rationalisation of development fees to support urban densification and make development more affordable for local residents. By facilitating private sector participation and streamlining approval processes, the state is seeking to energise stalled or inefficient urban spaces, attract investment, and enhance living conditions in core city areas. The approval marks a key step in Uttar Pradesh's broader urban growth strategy.Read more

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Haryana affordable housing policy stalls in Gurugram and Faridabad as rising land and construction costs hit viability

Gurugram News Desk

06 Feb 2026

Haryana's flagship affordable housing policy has effectively stalled in Gurugram and Faridabad, with developers and industry stakeholders saying that escalating land and construction expenses have made projects under the scheme financially unviable. Officials from the Town and Country Planning Department have confirmed that no new licences for affordable housing projects have been granted in Gurugram over the past one-and-a-half to two years, and the Gurugram-Manesar Master Plan area has not seen any fresh affordable housing developments during this period. Under the current policy, the sale price of affordable units is capped at INR 5,000 per sq ft, but surging input costs have far outpaced this rate, leaving developers unable to meet prescribed price limits. Homebuyers and industry bodies are now urging the state government to revise the pricing framework and make the policy continuous rather than episodic to restore project momentum.Read more

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Belagavi district mandates Aadhaar authentication for all property registrations amid fraud concerns

06 Feb 2026

The Belagavi district administration has made Aadhaar authentication compulsory for all property registrations in the district, responding to concerns about fraudulent transactions involving duplicate identity documents. District Commissioner Mohammad Roshan issued an order requiring sub-registrars to verify the Aadhaar details of all parties at the time of registration to prevent impersonation and protect public and government land. This directive follows reports of cases in which individuals allegedly used forged Aadhaar numbers to transfer ownership of ancestral properties without the owners consent. In response to the wider issue of misuse of duplicate Aadhaar numbers, the district minister has instructed the formation of a joint task force comprising senior police and revenue officials to investigate the matter. Authorities have highlighted the threat posed by fake Aadhaar numbers, which may bear mismatched photographs and names and have been linked to various fraudulent activities beyond land transactions.Read more

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Tamil Nadu Cabinet clears 15 industrial projects worth INR 34,237 crore, to create 55,000 jobs

06 Feb 2026

The Tamil Nadu Cabinet has approved 15 new industrial projects involving a cumulative investment of INR 34,237 crore, a move expected to generate employment for around 55,000 people across the state. The approvals were granted during the 23rd Cabinet meeting chaired by Chief Minister M K Stalin earlier this week. According to Industries Minister T R B Rajaa, the sanctioned proposals include expansion-led and new industrial investments across key manufacturing hubs such as Chennai, Ranipet and Thiruvallur, along with other regions of Tamil Nadu. The projects are also set to bring an international footwear brand into the state, strengthening its position as a preferred destination for global manufacturing. The approvals underline the government's focus on industrial growth, regional dispersion of investments and large-scale job creation.Read more

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BMC plans INR 10,000 crore municipal bonds for water and coastal projects

Mumbai News Desk

06 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) is preparing to raise up to INR 10,000 crore through municipal bonds, aiming to fund water infrastructure and the northern extension of the Mumbai Coastal Road. Officials confirmed the civic body is in the accreditation and credit rating process, expected to take one to two months. Plans include issuing "blue bonds" for water projects and toll-backed bonds for coastal roads. This marks a shift from BMC's traditional self-funding approach, driven by rising liabilities and the Union Budget incentive of INR 100 crore for large bond issuances.Read more

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Haryana to test faceless property registration system from Faridabad

06 Feb 2026

Haryana is set to pilot a faceless property registration system in Faridabad, with the project expected to begin by the end of March. The three-month trial will be conducted in one tehsil and closely monitored before any statewide expansion. Hosted on the MeitY Cloud, the system aims to digitise the entire registration process, reduce physical interaction and limit human discretion. Officials say the initiative could improve transparency, speed up registrations and reduce procedural delays while strengthening public trust in land transactions.Read more

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Kerala finance minister flags recession risks and revenue concerns in Union Budget

06 Feb 2026

Kerala Finance Minister K N Balagopal has raised concerns that the Union Budget signals an economic slowdown, citing weak growth in Central revenue receipts and cuts across key sectors. He pointed to marginal revenue growth of under three per cent, reduced allocations for welfare and social sectors, and delays in fund disbursals for major schemes like the Jal Jeevan Mission. Balagopal also linked domestic economic pressures to global trade dynamics, GST restructuring impacts, and risks posed by free imports, while stating that Kerala's demands were ignored.Read more

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Noida plot allottees urged to act as OTS deadline nears and recovery actions loom

Noida News Desk

06 Feb 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has declined to extend the deadline for its one-time settlement (OTS) scheme, meaning around 7,200 plot allottees in the Noida region now face possible recovery action if they do not clear outstanding dues by the end of February. The decision was taken at YEIDA's most recent board meeting, where officials observed that despite multiple previous extensions and reminders since December 1, only a small fraction of defaulters had availed themselves of the settlement offer. Total outstanding dues amount to nearly INR 4,950 crore, and the limited response to the OTS window prompted the board to maintain the existing deadline. The authority's board also approved the allocation of land for a model school and reviewed progress on stalled housing projects under the state government's rehabilitation policy, involving more than 6,800 homebuyers.Read more

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ED files supplementary complaint against Unnati Fortune Holdings in money laundering case

06 Feb 2026

The Enforcement Directorate (ED) has intensified its investigation against Unnati Fortune Holdings Ltd (UFHL) by filing a supplementary prosecution complaint under the Prevention of Money Laundering Act (PMLA). The probe, following multiple FIRs by Uttar Pradesh Police, alleges that promoter Anil Mithas and others diverted around INR 126 crore between 2011 and 2019, affecting homebuyers and investors. Mithas remains in judicial custody. ED has provisionally attached movable and immovable assets worth INR 126 crore. The new complaint provides additional evidence and details of the alleged money laundering activities, reinforcing ongoing legal proceedings.Read more

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