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

Adani Group among five bidders for Mumbai marina development

09 Feb 2026

The Mumbai Port Authority (MbPA) has received bids from five companies, including the Adani Group's Cemindia Projects Ltd and Larsen & Toubro, for the development of a marina at Cross Island, off the Gateway of India. The INR 887 crore project, partially funded by MbPA with an investment of INR 470 crore, will include docking facilities, yacht maintenance services, fuel supply, and protection against weather. Onshore, a 4.2-hectare land parcel will house a 322-room five-star hotel, a club, a sailing school, restaurants, a business centre, and parking for 780 vehicles.Read more

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Maharashtra registration department to take action if Amadea Enterprises fails to clear Mundhwa land dues

09 Feb 2026

The Maharashtra state registration department has refused to grant a waiver on stamp duty for a land transaction in Pune's Mundhwa area involving Amadea Enterprises LLP, where Parth Pawar, son of the late deputy chief minister Ajit Pawar, is a partner. The firm owes a stamp duty shortfall of INR 21 crore along with monthly penalties totaling INR 1.47 crore for seven months, bringing current dues to INR 22.47 crore. The department has warned that failure to clear payments by the deadline will trigger coercive recovery actions, including property attachment and auction.Read more

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HC orders singer Preeti Sagar to vacate Walkeshwar flat after three-decade dispute

09 Feb 2026

The Bombay High Court has finally closed a 30-year-long landlord-tenant dispute involving singer Preeti Sagar and her sisters over a Walkeshwar flat owned by the Sheth Amichand Pannalal Adishwar Jain Temple Charitable Trust. Upholding a 1996 eviction decree, the court directed the tenants to vacate the flat within eight weeks. The dispute revolved around the Trust's plans to convert the flat into a bhojan shala and the tenants refusal of smaller alternative accommodation. The judgment emphasized that refusal of offered alternatives cannot prevent eviction when the landlord's rights are legally established.Read more

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Special court discharges DHFL in money-laundering case, upholds IBC immunity for corporate debtor

09 Feb 2026

A Mumbai special court has discharged Dewan Housing Finance Corp Ltd from a money-laundering case of around INR 5,050 crore, citing statutory immunity under the Insolvency and Bankruptcy Code after its resolution and change in management. The court held that once a resolution plan is approved, the corporate debtor cannot be prosecuted for pre-insolvency offences. However, the protection does not extend to former promoters or officials. DHFL was taken through insolvency after regulatory action in 2019 and was later acquired by Piramal Capital and Housing Finance Ltd.Read more

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Mysuru planning authority proposes to expand local planning area amid transport and infrastructure concerns

08 Feb 2026

The Mysuru Development Authority (MDA) has proposed increasing the city's Local Planning Area (LPA) from 519 sq km to nearly 1,200 sq km, covering the entire Mysuru taluk including Varuna hobli. This expansion aims to centralise urban planning, improve coordination, and align development with the Mysuru Master Plan 2031. Officials say it will standardise planning processes and priorities. However, experts warn that the plan lacks mass transport proposals, arterial road upgrades, and connectivity measures, which could challenge mobility and safety in peri urban areas as growth accelerates.Read more

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Delhi PWD launches service lanes and protective wall project on Ring Road to enhance safety and access

Delhi News Desk

08 Feb 2026

The Delhi Public Works Department (PWD) has initiated a project to construct dedicated service lanes and a toe wall along Ring Road near the Millennium bus depot and Baansera. Valued at INR 3.7 crore, the project is expected to be completed within 60 days of commencement. Before construction, a detailed pavement condition survey will be conducted using laser-based systems, GPS mapping, and video image processing. The improvements aim to separate local traffic from main lanes, enhance commuter safety, and address structural and maintenance needs on one of Delhi's busiest corridors.Read more

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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

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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

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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

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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

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