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

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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UP plans dedicated civic body for Noida to strengthen urban governance

03 Feb 2026

The Uttar Pradesh government is considering the creation of a dedicated civic body for Noida to address long-standing urban governance challenges and streamline delivery of municipal services, according to recent reports. The move follows a Supreme Court direction in August 2025 linked to administrative issues in the region, prompting officials in Lucknow to explore structural reforms for the rapidly expanding city. A detailed proposal for a metropolitan corporation has been prepared and will be presented to the state cabinet for approval; if passed, it would require legislative amendments to redefine institutional responsibilities currently managed by the Noida Authority. Advocates say a municipal corporation could enhance accountability for services like sanitation, waste management and local infrastructure at a time when civic groups and residents have flagged gaps in civic upkeep under the existing governance model. The proposed change aligns with resident demand for more responsive city-level civic governance.Read more

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FIR filed against builder and project head over open waterlogged pit in Greater Noida

03 Feb 2026

Authorities in Greater Noida have registered an FIR against a builder and the project head of a housing project after an open, waterlogged excavation pit was found near a public road in the Rabupura area. The pit, which remained unattended for months, posed safety and health risks due to stagnant polluted water and the absence of barricades or warning signs. Local residents and farmers raised complaints about foul odour and unsafe conditions, prompting police action under environmental and public safety laws.Read more

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MMRDA reviews Mira-Bhayandar flyover safety amid sudden lane transition concerns

03 Feb 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated a safety review of the new double decker Mira-Bhayandar flyover following public complaints about abrupt lane changes that could increase accident risks. The flyover, running along Mira Bhayandar Road near Metro Line 9 and over Golden Nest Circle, narrows from four lanes to two in a short stretch. Officials say this layout is part of a phased plan accounting for limited space and future extensions. Traffic experts are evaluating measures like barriers, rumble strips, and signage to enhance safety before the flyover opens.Read more

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Haryana affordable housing policy faces challenges in Gurugram and Faridabad

03 Feb 2026

Haryana's affordable housing policy has slowed significantly in NCR cities, particularly Gurugram and Faridabad, due to rising land prices and construction costs. Officials report no new licences for affordable housing projects have been issued in the Gurugram-Manesar Master Plan area for nearly two years, raising concerns about policy effectiveness. With maximum unit prices capped at INR 5,000 per square foot, typical flats cost INR 26-35 lakh, but developers find this unviable. Residents and industry bodies urge pricing revisions and continuous policy support to encourage project launches and address middle-class housing needs.Read more

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Haryana revenue department seeks pending PAN details in high-value property registrations

03 Feb 2026

The Haryana Revenue and Disaster Management Department has asked district administrations to urgently submit missing PAN details linked to high-value property registrations. The move follows a request from the Income Tax Department for complete buyer and seller PAN information for property deals valued above INR 30 lakh, registered between the 2019-20 and 2024-25 financial years. Data has been shared through the Web-HALRIS portal, with several tehsils showing higher pendency. District officials have been directed to monitor and close gaps without delay.Read more

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Centre notifies new solid waste management rules with mandatory four-stream segregation

03 Feb 2026

The Union Ministry of Environment, Forest and Climate Change has issued the Solid Waste Management Rules, 2026, set to take effect from April 1, 2026. The rules mandate segregation of waste at the source into wet, dry, sanitary, and special care waste. Bulk waste generators entities with large floor areas, high water usage, or significant daily waste output are required to ensure proper collection, transport, and processing. The regulations adopt circular economy principles, Extended Producer Responsibility, and levy environmental compensation under the 'Polluter Pays' principle. Central and state boards will provide guidelines and enforce compliance.Read more

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