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

Uttar Pradesh to mandate Aadhaar verification for property registrations from February

05 Feb 2026

The Uttar Pradesh government has approved mandatory Aadhaar-based authentication for all property registrations across the state, effective from February 1, 2026. The move requires biometric and e-KYC verification of buyers, sellers, executants and witnesses at Sub-Registrar offices. The decision aims to curb land fraud, impersonation and forged registrations, which have led to disputes and litigation in the past. The reform is part of wider efforts to modernise land records, alongside the ongoing digitisation of documents registered between 2002 and 2017.Read more

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Delhi civic body extends property tax amnesty scheme SUNIYO till February 28

04 Feb 2026

The Municipal Corporation of Delhi (MCD) has extended its property tax amnesty scheme SUNIYO until February 28, 2026, allowing property owners to settle long-pending dues without paying interest or penalties. The scheme offers a full waiver of arrears before FY 2020-21 if taxpayers pay principal dues for the current financial year (2025-26) and the past five years. So far, over 1.78 lakh taxpayers have participated, contributing INR 1,032.91 crore, including 96,169 first-time taxpayers who paid INR 367.26 crore, showing a notable increase in compliance and tax revenue.Read more

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Uttar Pradesh considers metropolitan corporation framework for Noida

Noida News Desk

04 Feb 2026

The Uttar Pradesh government has prepared a detailed proposal to introduce a metropolitan corporation for Noida, following directions issued by the Supreme Court after examining governance concerns at the Noida Authority. The move comes in response to findings by a Special Investigation Team that highlighted structural weaknesses, limited public accountability, and financial irregularities involving excess land compensation of about INR 118 crore. Since Noida is governed under the Industrial Area Development Act, legislative amendments will be required. The proposal is expected to be placed before the state cabinet for an in-principle decision.Read more

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Supreme Court seeks Maharashtra government’s response on slum rehabilitation over reserved open spaces

04 Feb 2026

The Supreme Court has asked the Maharashtra government, the Municipal Corporation of Greater Mumbai (MCGM), and other concerned authorities to respond to a plea challenging a Bombay High Court ruling on slum rehabilitation. The case revolves around redevelopment projects on land reserved for parks, gardens, and playgrounds, with the High Court allowing such projects under conditions to restore a portion for public use. Petitioners argue the regulation legalises encroachment and reduces public open spaces, critical in a city where per capita greenery is limited and urban density is rising.Read more

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Supreme Court stay on Odisha real estate ruling revives regulatory uncertainty

04 Feb 2026

The Supreme Court has stayed an Odisha High Court order that had excluded a residential project in Pahala from the state's RERA framework. The High Court had ruled that a completion certificate issued in 2015 placed the project outside RERA's scope. The apex court's intervention has reopened questions around whether a completion certificate alone is sufficient without an occupancy certificate or mandatory safety approvals. The stay has renewed regulatory uncertainty for similar pre-RERA projects and could affect ongoing homebuyer complaints across Odisha.Read more

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Supreme Court links environmental costs to scale of business operations

04 Feb 2026

The Supreme Court has ruled that companies benefiting from large-scale operations must bear higher environmental costs. While upholding National Green Tribunal orders, the court stated that turnover and operational size can be considered when calculating environmental compensation. Dismissing appeals by real estate firms, it noted that larger projects create greater ecological impact and must face proportionate responsibility. The judgment reinforces statutory compliance, deters violations, and strengthens the application of the polluter pays principle in real estate and infrastructure development.Read more

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BMC aims to open Vikhroli-Vidyavihar flyover by June with all works nearing completion

Mumbai News Desk

04 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) is advancing the construction of the 650 metre Vikhroli-Vidyavihar east-west flyover, designed to connect Ramchandra Chemburkar Marg with Lal Bahadur Shastri Marg over Vidyavihar railway station. Officials have instructed completing major works by the end of May to avoid monsoon delays, while the flyover is scheduled to open to traffic by June 25. Key tasks include finalising approach roads, removing affected structures, revising road alignments, and completing railway station access works, including pedestrian connectivity and reconstructed ticket counters.Read more

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Uttar Pradesh sets up high-level panel to simplify housing approvals

04 Feb 2026

The Uttar Pradesh housing department has formed a six-member committee to take forward the second phase of its compliance reduction and deregulation drive for housing approvals. Led by the housing secretary, the panel will review existing procedures, identify delays and recommend ways to improve efficiency for residents, developers and professionals. With a one-month timeline to submit initial proposals, the committee will also promote joint inspections to reduce approval timelines and support smoother execution of housing projects across the state.Read more

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Delhi clears first phase of elevated Ring Road to reduce traffic congestion

Delhi News Desk

04 Feb 2026

Delhi has approved Phase 1A of its elevated Ring Road project, covering a 5 km stretch from Majnu Ka Tila to Salimgarh Fort, to address persistent traffic congestion. This section has been prioritised for its high traffic density and feasibility, while the overall project spans 57.5 km in six planned corridors. The project will integrate with existing infrastructure like the Red Line Metro and grade separators, while adhering to O-Zone and heritage protection norms. The detailed project report will guide tendering and construction, marking a significant step in improving city mobility and bypassing major bottlenecks.Read more

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Mumbai civic body set to receive six school buildings from SRA amid classroom shortage

Mumbai News Desk

04 Feb 2026

Mumbai continues to face a shortage of classrooms as several school buildings under slum rehabilitation projects remain undelivered. The Slum Rehabilitation Authority (SRA) and Brihanmumbai Municipal Corporation (BMC) have been coordinating to resolve the long-standing dispute over ten school sites, with six buildings expected to be handed over before mid-year. Some buildings are ready and pending clearances like fire no-objection certificates, while others need minor safety work or are still under construction. A few projects face regulatory delays, and full completion may extend into the next decade.Read more

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