adhunāste sva-rāḍ iva

yah-Bali Maharaja; asau-he; bhagavata-by the Personality of Godhead; baddhah-bound; pritena-because of favor; sutale-in the kingdom of Sutala; punah-again; nivesitah-situated; adhike-more opulent; svargat-than the heavenly planets; adhuna-at the present moment; aste-is situated; sva-rat iva-equal to the position of Indra.