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

Navi Mumbai civic body moves into action mode, seals three commercial properties over property tax arrears

31 Jan 2026

The Navi Mumbai Municipal Corporation (NMMC) has intensified its property tax recovery drive, initiating strict enforcement action against defaulters by sealing three commercial properties in Nerul earlier this week. The action forms part of a citywide campaign aimed at accelerating tax collections and addressing long-pending arrears. Civic officials said the crackdown follows repeated appeals and notices issued to property owners who failed to clear outstanding dues. Acting under the directions of Municipal Commissioner and Administrator Dr Kailas Shinde, the civic administration has adopted a zero-tolerance approach, signalling that no concessions will be extended to chronic defaulters. The corporation has constituted dedicated attachment teams across ward offices and indicated that the drive will be expanded across Navi Mumbai, with direct sealing and seizure of properties wherever dues remain unpaid.Read more

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Karnataka RERA imposes INR 25,000 quarterly penalty on builders for late project updates

31 Jan 2026

Karnataka Real Estate Regulatory Authority (K-RERA) will charge developers INR 25,000 per quarter for failing to submit Quarterly Progress Reports (QPRs) for registered projects in the financial year 2025-26. Promoters have a final opportunity to file overdue QPRs for the first three quarters without penalty until February 20, 2026, after which recovery actions will start. Builders suggested that fines should remain proportionate, while homebuyer groups welcomed stricter enforcement to ensure project transparency. Past lapses in filing prompted this renewed focus on accountability and timely updates.Read more

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Delhi Development Authority to host first Green Expo focused on sustainable and climate-resilient urban development

31 Jan 2026

The Delhi Development Authority (DDA) is set to organise its first-ever Green Expo on 14-15 February 2026 at Baansera Park, New Delhi, positioning the event as a national platform for sustainable urban development. Anchored in the recent rejuvenation of the Yamuna floodplains through projects such as Asita, Baansera and Yamuna Vatika, the Expo will focus on urban greening, nature-based solutions and climate-first planning. The two-day event is expected to bring together policymakers, international experts, urban practitioners and industry stakeholders to showcase innovations in green infrastructure and sustainable city ecosystems. Through exhibitions, expert sessions and collaborations, the Expo aims to promote scalable and replicable solutions for cities grappling with climate, water and environmental challenges, reinforcing DDA's long-term vision for environmentally responsible urban growth.Read more

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Rohtas Project properties worth INR 158.85 crore attached in Lucknow money laundering case

30 Jan 2026

The Enforcement Directorate (ED) in Lucknow has provisionally attached 75 immovable and two movable properties linked to Rohtas Project Limited and associated entities, valued at INR 158.85 crore with a combined market value exceeding INR 350 crore. The assets, primarily in Lucknow, were registered under promoter Deepak Rastogi, group associates, certain benamidars, and associated firms. Investigations revealed that customer funds from township schemes were diverted to acquire these properties instead of being used for project development or refunds. The ED continues to probe for further asset recovery and legal action.Read more

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Mira-Bhayander flyover lane reduction sparks safety debate, MMRDA says design is intentional

30 Jan 2026

A new double decker flyover in Mira-Bhayander near Mumbai has drawn public attention after a viral post showed a section where the road appears to reduce from four lanes to two, raising safety concerns. The Mumbai Metropolitan Region Development Authority (MMRDA) clarified that the lane transition is a planned engineering decision due to right-of-way limits and future expansion plans. Activists and legal experts have questioned the safety and accountability of the design, citing past bridge failures and contractor issues. Officials insist the flyover includes safety features and provisions for widening.Read more

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Delhi real estate tribunal asks RERA to clear builder registrations within set timelines

Delhi News Desk

30 Jan 2026

The Delhi Real Estate Appellate Tribunal has directed the Real Estate Regulatory Authority to adhere strictly to statutory timelines while processing builder registration applications. The tribunal observed that prolonged delays in granting or rejecting registrations can create room for misconduct and weaken confidence in the regulatory framework. The direction followed a case involving the Delhi Development Authority, which faced a financial penalty due to delayed project registration. The order clarifies the scope of deemed registration under the RERA Act and reiterates the authority's responsibility to act within 30 days.Read more

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Bombay High Court orders Nagpur civic body to remove unauthorised constructions near Vidhan Bhavan

Nagpur News Desk

29 Jan 2026

The Nagpur bench of the Bombay High Court has directed the Nagpur Municipal Corporation (NMC) to act against unauthorised construction in two major buildings, including one opposite Vidhan Bhavan and another in Sadar. The court criticised over a decade of inaction and emphasised the seriousness of the violations. Demolition notices have been issued, giving owners a 15-day window to comply, failing which NMC will demolish the structures and recover costs. Past irregularities date back to 2004, with concerns over safety and proximity to sensitive establishments highlighted by petitioners.Read more

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Telangana’s new TDR policy set to reshape economics of high-rise housing in Hyderabad, with West zones most exposed

29 Jan 2026

The Telangana government's newly introduced Transferable Development Rights (TDR) policy for residential buildings of ten floors and above is expected to alter the cost structure of high-rise housing developments across Hyderabad, particularly in West Hyderabad. Under the policy, developers must purchase TDR from the government for 10% of the built-up area constructed above the tenth floor. While the impact is expected to be limited in North, South and East Hyderabad due to fewer tall developments, high-rise dominated corridors such as the Financial District, Nanakramguda and Kokapet are likely to see a measurable rise in project costs. Industry assessments indicate that this additional cost may gradually reflect in residential pricing, especially for new launches and ongoing projects seeking plan revisions or additional approvals, potentially reshaping benchmark prices across key micro-markets.Read more

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Telangana government orders statewide forensic audit of land transactions to probe irregularities linked to Dharani portal

29 Jan 2026

The Telangana government has initiated a comprehensive forensic audit of land transactions across all districts to investigate possible irregularities in records generated through the Dharani land-records portal, officials have said. The move follows preliminary forensic examinations in two districts that reportedly flagged misuse of the digital system, including irregular transfers and shortfalls in government dues. Authorities have indicated that the audit will extend to all remaining districts after initial findings suggested discrepancies in thousands of cases and potential diversion of government revenue. The exercise is aimed at restoring confidence in land records and ensuring transparency in property transactions, as well as taking action against any misuse or unlawful transfer of public land. Revenue officials are overseeing the audit process in coordination with specialised agencies.Read more

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MHADA allocates INR 200 crore to reclaim disputed Patra Chawl plots in Mumbai

Mumbai News Desk

29 Jan 2026

MHADA has approved an allocation of INR 200 crore to reacquire three out of four disputed plots linked to the Patra Chawl redevelopment project in Goregaon West, Mumbai, following cabinet approval. This settlement addresses a contempt petition filed by builder Guruashish Constructions, a subsidiary of HDIL. The redevelopment, originally stalled by 2011, was taken over by MHADA in 2018 and completed by 2024. The payment will be recovered through sales of flats on these plots at market rates. The move resolves part of the legal disputes and restores rights over the land.Read more

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