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

Cheating case filed against white waters constructions over 270 crore in hyderabad

Hyderabad News Desk

11 Feb 2026

A significant cheating case has come to light in Hyderabad involving White Waters Constructions Pvt Ltd and its directors, after a homebuyer alleged she and hundreds of others paid INR 270 crore for flats in the White Waters@Y project near Kukatpally Y-Junction. Complaints highlighted delayed handovers, incomplete construction, and alleged financial irregularities, including mortgaging flats to banks under false names. Buyers formed an association to demand action. The Economic Offences Wing of Cyberabad police registered the case earlier this week and investigations are ongoing, with no arrests reported yet.Read more

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Odisha identifies vacant government buildings for conversion into affordable rental housing

11 Feb 2026

The Odisha government has initiated a statewide exercise to identify vacant and underutilised government buildings in urban areas for conversion into affordable rental housing. The move is part of the Affordable Rental Housing component under PM Awas Yojana-Urban 2.0 and aims to support migrants, urban poor, and working populations who depend on rental accommodation. State departments have been directed to share details of unused properties with the Odisha Urban Housing Mission. The programme will use both retrofitting of existing buildings and construction through public and private participation.Read more

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Delhi court takes cognisance of cheating case against M3M India, summons promoters

11 Feb 2026

A Delhi court has taken cognisance of a chargesheet filed by the Economic Offences Wing against M3M India Pvt Ltd and its promoters in an alleged cheating and land fraud case involving MGF Developments Ltd. The case relates to a Gurugram land exchange deal where MGF claims it suffered losses of about INR 450 crore due to dishonoured cheques and misuse of land. The court has summoned the promoters to appear as criminal proceedings move forward.Read more

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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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