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%

Asset class : Infrastructure

Tamil Nadu signs four aerospace and defence MoUs worth INR 1,600 crore to strengthen manufacturing base

25 Feb 2026

Tamil Nadu has signed four Memorandums of Understanding in the aerospace and defence sectors involving a total proposed investment of INR 1,600 crore. Facilitated by the Tamil Nadu Industrial Development Corporation, the projects span precision aerospace manufacturing, aviation training and simulation, ammunition production, and advanced spacecraft components. The investments are expected to generate around 1,900 jobs across technical and engineering roles. The move adds to the state's ongoing efforts to build a strong aerospace and defence ecosystem supported by industrial parks, policy backing and a growing supplier base.Read more

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Uttar Pradesh secures INR 1 lakh crore investment proposals during Singapore visit, eyes MRO hub at Jewar airport

25 Feb 2026

Uttar Pradesh has received investment proposals worth INR 1 lakh crore during Chief Minister Yogi Adityanath's official visit to Singapore, with memoranda of understanding valued at INR 60,000 crore already signed. The proposals emerged from meetings with senior Singapore government leaders and executives from global investment and financial institutions, including GIC and Blackstone. The discussions focused on expanding economic cooperation, infrastructure-led growth and sector-specific opportunities in Uttar Pradesh. The chief minister also indicated plans to develop a global-standard aircraft maintenance, repair and overhaul ecosystem at Jewar International Airport, positioning aviation-linked infrastructure as a key investment driver. The state government said the response reflected rising global confidence in Uttar Pradesh's governance, infrastructure and investment climate.Read more

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Uttar Pradesh partners with AISATS for major cargo and catering projects at Jewar airport

25 Feb 2026

The Uttar Pradesh government has signed an MoU with AISATS to invest INR 4,458 crore in two major aviation projects at Jewar airport. The initiatives include a modern cargo campus aimed at making Jewar a hub for air freight and logistics in northern India and a world-class air catering unit supplying multiple airports. The projects are expected to boost exports, strengthen trade connectivity, support food processing and supply chains, and generate substantial employment. The agreement reflects the state's ongoing efforts to attract global investment and enhance its economic infrastructure.Read more

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Work on 2.7 km HMT–NAD stretch of Seaport–Airport Road to restart after two decades

25 Feb 2026

The long-pending 2.7 km HMT NAD stretch of the Seaport Airport Road in Kochi is set to see construction begin next month after more than 20 years of delay. The Roads and Bridges Development Corporation of Kerala (RBDCK) has reissued tenders and expects to award contracts shortly. The state government has completed land acquisition from HMT and the Naval Armament Depot by allocating over INR 60 crore. Once finished, the stretch will close a key gap in the 25.7 km corridor and improve airport and industrial connectivity.Read more

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PM Modi to inaugurate Noida International Airport in Jewar next month

Noida News Desk

25 Feb 2026

Prime Minister Narendra Modi is scheduled to inaugurate the Noida International Airport in Jewar next month, according to Uttar Pradesh Chief Minister Yogi Adityanath. The airport, being developed under a public-private partnership model, is nearing completion after earlier delays. The first phase spans over 1,300 hectares and will handle 12 million passengers annually. The state government has allocated INR 750 crore for the project in the latest budget. Once operational, the airport is expected to strengthen regional connectivity and reduce congestion at Delhi's existing airport.Read more

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National Green Tribunal takes stricter action against stone crushers in Shivalik Hills

25 Feb 2026

The National Green Tribunal (NGT) has intensified oversight of stone crushing units in the Shivalik Hills region of Ropar district, Punjab, after identifying environmental violations. The tribunal directed the Punjab Pollution Control Board (PPCB) to close 13 non-compliant crushers, collect environmental compensation, and initiate criminal complaints against operators. Remaining units must be inspected, and their raw material sources verified according to 2025 regulations. The PPCB has three months to complete these actions and submit compliance reports. This step is part of broader efforts to protect fragile hill ecosystems and local communities.Read more

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Versova residents oppose cutting of 530 trees for coastal road project

Mumbai News Desk

25 Feb 2026

Residents in Versova protested at Nana Nani Park against the planned removal of 530 trees for the Mumbai Coastal Road, including over 180 trees inside the park and 350 nearby. They said they had nurtured the trees for 25 years and filed formal objections against the clearance. While the BMC has promised to transplant some mature trees, locals remain doubtful due to low survival rates in previous attempts. The protest reflects concerns about balancing infrastructure development with environmental preservation and community well-being in urban areas.Read more

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Marriott International signs 102 hotel deals in South Asia in 2025 as India anchors record regional expansion

25 Feb 2026

Marriott International recorded its strongest-ever expansion year in South Asia in 2025, signing 102 hotel agreements and adding more than 12,000 rooms, with India accounting for 99 of the deals. The company reported double-digit growth in revenue per available room across the region, supported by higher average daily rates and sustained demand across segments. Development activity accelerated sharply, with deals signed rising 143% year-on-year and rooms signed increasing 76%. At the end of 2025, Marriott operated 219 properties with over 36,000 rooms across South Asia, including 204 hotels in India. The company said the performance reflects structural growth in travel demand, rising domestic consumption and increasing investor confidence, reinforcing India's position at the centre of Marriott's regional growth strategy.Read more

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Rajkot civic body intensifies drive to demolish 1,489 illegal properties along Aji riverfront

25 Feb 2026

The Rajkot Municipal Corporation (RMC) has begun a large demolition drive targeting 1,489 illegal structures in the Jangleshwar area of Rajkot. The action follows directions from Gujarat's Deputy Chief Minister and covers encroachments along the Aji River and a town planning road. Over 1,200 civic staff and police personnel have been deployed to manage the exercise. Residents were asked to vacate before demolition began, with authorities allowing them to remove belongings. A control room has been set up on site to oversee the operation and maintain coordination.Read more

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Architects raise concerns over Mahalaxmi Racecourse redevelopment plan in Mumbai

Mumbai News Desk

25 Feb 2026

A group of 102 architects, planners, and designers from the Mumbai Architects Collective has opposed the redevelopment plan of the Mahalaxmi Racecourse, raising concerns about underground construction, parking structures, and tunnels. They have urged the Maharashtra government and MCGM to provide full transparency on lease terms, development rights, funding, and environmental impact. While supporting better public access, they warn that large-scale excavation could damage natural drainage, reduce open space, and affect flood management. They recommend directing resources to maintain and improve existing municipal gardens and parks instead.Read more

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Underground metro station clearance in Indore sparks housing relocation dispute

25 Feb 2026

Plans to remove 16 homes in the Piliyakhal area of Indore to make way for an underground metro station near the Bada Ganpati site have advanced to the stage where demolition is scheduled for later this month, local officials say. Sixteen properties listed on official records are to be cleared, but residents say 28 families currently live there and are seeking alternative rehabilitation closer to their original neighbourhood. Authorities have proposed relocating the affected households to flats in the Tapti Complex at Rangwasa under the national housing programme, with INR1.29 crore already deposited for 16 units, though many residents argue that the distance will disrupt daily routines and children's schooling. Administrative officials have moved to address concerns by assuring support with school admissions for children under the Right to Education scheme while the relocation process progresses.Read more

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Mumbai civic budget to focus on infrastructure, water projects and revenue reforms

Mumbai News Desk

25 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) is set to unveil its annual budget, focusing on large infrastructure and water projects. Major allocations will target Phase 2 of the Coastal Road, the Goregaon-Mulund Link Road (GMLR), the Gargai-Pinjal dam project, and wastewater treatment facilities. To fund these initiatives, the BMC is exploring property tax revisions and municipal bonds. With capital projects totaling nearly INR 1.5 lakh crore and only half of reserves available, the civic body aims to balance ambitious development goals with sustainable revenue sources for Mumbai's long-term urban growth.Read more

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Chennai metro phase II Poonamallee–Vadapalani stretch nears commissioning amid final safety and funding questions

Chennai News Desk

25 Feb 2026

The extension of the Chennai Metro Rail Limited's Phase II network between Poonamallee Bypass and Vadapalani is approaching the point of commissioning, but the final timeline remains uncertain as key safety trials and funding issues are resolved. Officials have signalled that the stretch of approximately 14.6 kilometres, featuring 11 stations and connecting the new line with the existing Vadapalani interchange, could be brought into service soon after completing mandatory safety clearances and certification procedures. Recent interim budget remarks by the Tamil Nadu Finance Minister highlighted progress and planned extensions of the metro project, though he also noted delays in central funding commitments under the shared cost model for the corridor, which has increased state borrowing. While the Poonamallee Porur section has passed recent inspections, regulatory scrutiny of the Porur Vadapalani segment has identified items requiring rectification, potentially affecting the launch schedule. Pending the completion of these works and final approval from safety authorities, partial operations on the Phase II corridor may begin shortly, with further work continuing on remaining stations and broader project corridors.Read more

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Mumbai set to get 70-hectare “green necklace” along Coastal Road

Mumbai News Desk

25 Feb 2026

Mumbai is planning a 70-hectare coastal park, termed the Green Necklace,stretching from Priyadarshini Park near Nepeansea Road to Worli, complementing the city's Marine Drive Queen's Necklace. The project will feature nearly 60,000 trees, forests, gardens, sports spaces, promenades, and plazas. About 80% of the area will be softscape with native coastal plants designed to withstand wind, saline soil, and sea spray. Developed by Reliance Industries Ltd under CSR in coordination with BMC, the masterplan involves six international firms and aims to enhance public access, biodiversity, and green cover along Mumbai's waterfront.Read more

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Google data centre project boosts investment in Visakhapatnam with successful land acquisition

Visakhapatnam News Desk

25 Feb 2026

The Andhra Pradesh government has successfully completed land acquisition for a major advanced data centre project linked to Google in the Visakhapatnam and Anakapalli region, marking a significant step forward for large-scale technology infrastructure investment in South India. A total of about 601.4 acres has now been cleared and allotted through the Andhra Pradesh Industrial Infrastructure Corporation, up from an earlier approved 480 acres, to the notified developer for construction of data centre campuses. The expanded land parcel is expected to support part of the company's multi-billion-dollar investment one of the largest AI and hyperscale data centre initiatives in the country and will attract further economic activity and employment to the region. The allocation covers multiple sites and strengthens Visakhapatnam's position as a priority destination for global digital infrastructure projects.Read more

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Residents agree to give up land in Vastrapur for road widening and development

25 Feb 2026

Societies in the Vastrapur locality of Ahmedabad have agreed to voluntarily surrender portions of their land to facilitate planned road widening and area development works, civic officials said. The decision follows meetings between society representatives and urban development authorities, where residents acknowledged that the expansion of the thoroughfare would improve traffic flow and accessibility. Under the agreement, affected societies will hand over small strips of land along existing alignments to allow the city's road network to be upgraded, including better connectivity to key junctions and improved pedestrian and utility facilities. The move is expected to support overall infrastructure enhancement in Vastrapur while largely preserving community interests through planned compensation and equitable negotiations between stakeholders.Read more

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Ranchi smart city project picks up pace as land mutation nears completion

25 Feb 2026

The long-running Ranchi Smart City initiative has taken a major step forward as land mutation issues that previously delayed progress are now close to resolution, officials said. Most of the required land parcels part of the roughly 656-acre designated development area have been mutated and allocated, clearing a key procedural hurdle and enabling accelerated infrastructure work across the smart city's planning zones. The breakthrough is expected to unlock stalled development, help attract fresh investment and bring forward construction of housing and amenities, advancing the city's broader modernization goals. Authorities emphasised that resolving land-registration bottlenecks will support smoother implementation of planned utilities and urban design frameworks, boosting confidence among developers and stakeholders engaged in the project's next phases.Read more

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Maharashtra outlines coordinated infrastructure push spanning expressways, airports and urban transit

25 Feb 2026

Maharashtra's principal infrastructure agencies this week detailed plans for a coordinated development strategy encompassing expressways, airports, urban transit and industrial corridors, intended to underpin the state's long-term economic expansion. Speaking at the Mumbai Global Economic Cooperation (GEC) Summit 2026, agency officials said the emphasis had shifted from individual projects to an integrated network approach that knits together highways such as the 701-km Samruddhi Mahamarg, expanded metro systems, multimodal corridors and the emerging Navi Mumbai International Airport. The Maharashtra State Road Development Corporation described development efforts around strategic interchanges and logistics nodes, while the City and Industrial Development Corporation highlighted urban expansion, cargo connectivity and aviation-linked commercial zones. The Maharashtra Industrial Development Corporation reaffirmed its role in driving the next phase of industrialisation through corridors and manufacturing hubs, and the Mumbai Metropolitan Region Development Authority outlined plans for extensive metro lines, multimodal corridors and bullet-train connectivity to unlock jobs and investment in emerging growth areas.Read more

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Uttar Pradesh secures INR 6,650 crore investment from Singapore’s Universal Success Group for housing, logistics, and data centre projects

24 Feb 2026

Uttar Pradesh has secured three major investment agreements with Singapore's Universal Success Group, totaling INR 6,650 crore, during the chief minister's visit to Singapore. The projects include a theme-based township near Jewar International Airport, a logistics park along the Kanpur-Lucknow Highway, and a hyperscale data centre in Noida/Greater Noida. Together, these projects are expected to create over 20,000 jobs and bolster the state's industrial and urban infrastructure. Officials described the MoUs as pivotal for accelerating economic growth, improving connectivity, and reinforcing Uttar Pradesh's position as an emerging industrial and technological hub.Read more

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DoT asks Noida International Airport to facilitate telecom infrastructure under Right of Way norms

24 Feb 2026

The Department of Telecommunications has written to Noida International Airport, asking it to take necessary steps to enable the installation of telecom infrastructure by private operators, citing provisions under the Telecom Act and related Right of Way rules. The department stated that the airport qualifies as a public entity and is therefore required to process Right of Way applications in a non-discriminatory, fair and transparent manner within prescribed timelines. The communication outlines the statutory framework governing telecom network deployment on public premises. In response, Noida International Airport has stated that common-use telecom infrastructure is already available to all licensed service providers on equal terms and confirmed that BSNL has deployed its network at the airport. The airport authority said it remains focused on delivering future-ready digital connectivity, including 5G services.Read more

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