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%

Taxation & Finance News

Infrastructure, luxury and lifestyle converge to shape Mumbai’s top property investment locations for 2026

01 Mar 2026

Mumbai's property investment landscape in 2026 is being shaped by a combination of large-scale infrastructure delivery, expanding transit networks and a growing preference for lifestyle-oriented residential formats. Several micro-markets across the city and its periphery are emerging as key investment destinations, spanning established luxury corridors, evolving commercial-residential hubs and plotted development zones. Locations such as Chembur and Mulund are benefiting from improved regional connectivity, while Panvel's growth is being driven by airport-led infrastructure and integrated township development. Peripheral markets like Karjat are drawing interest for plotted and second-home formats, while western suburbs including Malad and Goregaon continue to see steady demand for premium housing. Together, these markets reflect a broader shift towards connectivity-led, long-term residential investment opportunities across the Mumbai Metropolitan Region.Read more

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FIR filed over illegal sale of court-prohibited PACL land in Dehradun, sub-registrar's role under probe

01 Mar 2026

A First Information Report (FIR) has been filed in Dehradun, Uttarakhand, after the district administration uncovered the illegal sale of around 0.76 hectares of land that was under a court ban on PACL-linked properties. The transaction, alleged to have taken place in October 2025, involved forged documents and the concealment of the land's restricted status when it was sold to a buyer from Zirakpur, Punjab. The plot in Aamwala Tarla had been barred from transfer under orders associated with the PACL (Pearls Agro Tech Corporation Limited) liquidation process overseen by the former RM Lodha Committee, but the sale deed was still registered under the Registration Act, 1908. Dehradun authorities have lodged an FIR naming both the seller and buyer, and are now also probing the conduct of the sub-registrar's office that processed the deed amid the ongoing court prohibition.Read more

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CBRE’s Asia Pacific real estate outlook indicates higher investment activity in 2026 with renewed preference for offices

28 Feb 2026

CBRE's Asia Pacific Real Estate Market Outlook for 2026 has indicated that commercial real estate investment and leasing activity across the region is expected to strengthen, even as overall economic growth shows signs of moderation. Investment volumes are projected to rise by 5-10% year-on-year, supported by improving investor sentiment and stronger net buying intentions. The office sector has re-emerged as the most preferred asset class for the first time since 2020, driven by better leasing fundamentals and limited supply in core locations. Investors are increasingly shifting focus towards rental income growth rather than yield compression. Alongside offices, data centres and living assets are gaining attention, while logistics, retail and hotels are expected to see steady but more measured growth across key Asia Pacific markets.Read more

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Apple to open sixth India store in Borivali; Tata Power and Britannia announce new launches

27 Feb 2026

Apple is expanding its physical retail presence in India with a new store in Borivali, Mumbai. The outlet will be the company's sixth in the country and will operate fully on renewable energy while employing over 70 people. In parallel developments, Tata Power has introduced smart lighting and automation solutions for commercial and industrial buildings under its EZ Home initiative, targeting up to 80 per cent energy savings. Britannia has also unveiled a premium variant of its 50-50 biscuit to mark the brand's 30th anniversary.Read more

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BMC to deploy INR 36,623 crore from fixed deposits for infrastructure push in 2026-27 budget

27 Feb 2026

Mumbai's civic body has proposed a INR 80,952.56 crore budget for 2026-27, reflecting an 8.77 per cent rise over the previous year. A key highlight is the planned deployment of INR 36,623.09 crore from fixed deposits to finance major infrastructure works. Capital expenditure forms nearly 60 per cent of the total outlay under the Mega Mumbai Makeover plan. Large allocations have been made for coastal roads, sewage treatment upgrades, road concretisation, water security and healthcare infrastructure. The BMC is also examining municipal bonds as a new funding route.Read more

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Lucknow IT City plot allotment lottery to be held on 28 February

Lucknow News Desk

27 Feb 2026

The Uttar Pradesh government will conduct a lottery on 28 February for the allotment of plots in the forthcoming Lucknow IT City, an integrated technology and business district being developed on the Agra�Lucknow Expressway corridor. Uttar Pradesh officials said that applications were received under two categories � IT/ITeS and allied services and commercial & hospitality � and that the lottery will determine successful applicants among the eligible bidders. The plot sizes range from 2,487 sq m to over 4,000 sq m, with the largest parcel measuring 4,163 sq m. The initiative forms part of the state�s strategy to attract technology, business and service sector investments to the region, and will be overseen by relevant departments with transparency measures in place to ensure fairness in the allotment process. Successful applicants will be notified soon after the draw.Read more

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Uttar Pradesh signs MoUs worth INR 11,000 crore with Japanese firms to boost industrial collaboration

27 Feb 2026

Uttar Pradesh Chief Minister Yogi Adityanath signed MoUs worth INR 11,000 crore with Japanese companies, including Kubota, Minda Corporation, JAE, Nagase & Co., Seiko Advance, O&O Group, Fuji Japanese JV, and Fujisilvertech Concrete. The agreements span sectors such as agricultural and industrial machinery, automotive components, electronics, water and environmental infrastructure, industrial printing, and hospitality. Officials stated the deals are expected to boost manufacturing capacity and advance collaboration between India and Japan. Companies like Kubota, Minda, and JAE bring expertise in machinery, automotive electronics, and aerospace components, while O&O will focus on hospitality and real estate.Read more

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Government begins 4% stake sale in IRFC at INR 104 per share through OFS

27 Feb 2026

The Government of India has launched an offer for sale to divest up to 4% stake in Indian Railway Finance Corporation (IRFC) at a floor price of INR 104 per share. The base issue comprises 2% equity, with another 2% under a green shoe option. The total divestment could fetch around INR 5,430 crore. Non-retail investors were allowed to bid first, followed by retail investors. The announcement led to a decline in the stock price, even as IRFC recently reported its highest quarterly profit with steady loan growth.Read more

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NTPC and MAHAGENCO complete acquisition of Sinnar Thermal Power

27 Feb 2026

NTPC and MAHAGENCO have completed the acquisition of Sinnar Thermal Power, which was undergoing insolvency proceedings. The plant, located in Sinnar, Nashik, has a total capacity of 1,350 MW. While the transaction value remains undisclosed, the completion adds significantly to NTPC's capacity, bringing its total installed capacity to 88,132 MW and commercial capacity to 87,052 MW. The move aligns with NTPC's growth strategy in Maharashtra and strengthens its coal-based generation portfolio, ensuring better support for power supply across the state and the country.Read more

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Avadh Steel to invest INR 6,000 crore in Bihar steel plant along Gaya-Dobhi industrial corridor

27 Feb 2026

Avadh Steel, alongside associated promoters, has proposed an investment of approximately INR 6,000 crore to establish a modern integrated steel plant in Bihar, signalling a major industrial infusion into the state's manufacturing landscape. The proposal was discussed during a meeting between company representatives, including Managing Director Deepak Agarwal, and the Bihar Industries Minister, emphasising the plant's potential to leverage advanced production technologies and contribute to employment generation. The proposed facility is expected to be located along the Gaya-Dobhi industrial corridor, a strategic growth axis that has seen cumulative industrial land acquisition and government efforts to promote sectoral investment. Officials have indicated the investment could accelerate local economic activity, support ancillary industries and boost Bihar's standing as a manufacturing destination, although detailed land allocation and clearances are still under consideration.Read more

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