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

Visakhapatnam emerges as a growing technology hub with fresh IT investments

10 Aug 2025

Visakhapatnam is set to witness significant growth in its information technology sector, as five companies, including Sify and Phenom People, have committed to establishing data centre operations in the city. The Andhra Pradesh government, earlier this week, approved land allotments for these companies, which have proposed a collective investment of INR 19,000 crore. These projects are expected to generate large-scale employment opportunities, positioning Visakhapatnam as a key player in India's digital infrastructure ecosystem. Authorities consider this initiative a pivotal step towards expanding the state's digital economy and supporting the broader vision of a technology-driven urban landscape.Read more

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Kartavya Bhavan opens as first new Central Vista secretariat building

10 Aug 2025

Kartavya Bhavan, the first among ten modern Common Central Secretariat buildings, was officially inaugurated this past week, marking an important step in India's administrative overhaul under the Central Vista Redevelopment Plan. Prime Minister Shri Narendra Modi emphasized the government's push for citizen-first, transparent governance and highlighted the need to move beyond outdated colonial-era infrastructure. He underscored the Bhavan's role as a symbol of national resolve and a functional hub for policy-making in line with India's ambitions of becoming self-reliant and globally competitive.Read more

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Gurugram to build three new C&D waste plants to tackle construction debris

10 Aug 2025

Gurugram's municipal body will build three new construction and demolition (C&D) waste plants to tackle rising environmental concerns. A major facility is planned near the Global City project, with two smaller ones at Bandhwari and Begumpur Khatola. This follows state directives to address daily and legacy waste management. Currently, the Basai plant handles only 300 of the 1,500-2,000 tonnes generated daily, leading to illegal dumping-particularly near the Aravallis. With a doubled waste management budget of INR 20 crore, officials aim to have the new plants running before the next monsoon. The expansion will ease Basai's load and significantly improve recycling and compliance.Read more

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Goa extends regularisation deadline for illegal buildings by two more years

10 Aug 2025

The Goa government has extended the deadline for regularising unauthorised constructions by two more years, providing relief to hundreds of property owners across the state. The decision was made earlier this week following mounting requests from citizens who cited delays in documentation and procedural formalities. The scheme, which permits the legalisation of constructions built before a certain cut-off date, had witnessed a sluggish response due to various administrative hurdles. The government stated that the extension would allow affected individuals a fair opportunity to comply with the regularisation process without facing undue penal action or demolition risks.Read more

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Colaba BMC school shuts down unsafe buildings; 1,500 students moved to online classes

10 Aug 2025

About 1,500 students in the English-medium section of a Colaba municipal school have been shifted to virtual classes, following a BMC infrastructure team's ruling that two school buildings are structurally unsafe. While approximately 1,300 students from other language sections were relocated to nearby schools, English-medium students remain online due to lack of space. Parents and activists are urging phased demolition and interim solutions. Authorities continue exploring options, including rentals, amid mounting pressure to restore classrooms.Read more

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Bombay HC keeps Savarkar Sadan safe from redevelopment for now

09 Aug 2025

The Brihanmumbai Municipal Corporation (BMC) is preparing to send a fresh recommendation to the state government on granting heritage status to Savarkar Sadan in Dadar, following a directive from the Bombay High Court. This development comes after it was revealed that earlier files related to the 2010 heritage tag proposal were destroyed in the 2012 Mantralaya fire. A PIL filed by Abhinav Bharat Congress raised concerns about possible redevelopment and the delay in heritage notification. The court has now stayed any construction on the site and has sought an affidavit from the civic body.Read more

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IIT-Bombay advises PCMC to halt housing developments near Taloja MIDC

09 Aug 2025

Earlier this week, IIT-Bombay's Environmental Status Report for the 2024-25 period prepared for the Panvel City Municipal Corporation (PCMC) highlighted the lack of water quality monitoring in the Taloja and Kasardi rivers by the Maharashtra Pollution Control Board (MPCB), citing their non-drinking usage. The report advised PCMC against approving housing developments near the dumping ground and Taloja MIDC. It also called for sustainable waste-to-energy solutions, better sewage disposal, and rigorous action to monitor and control industrial discharge into local water bodies.Read more

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Nine unsafe buildings razed in Jaipur to prevent monsoon-related disasters

09 Aug 2025

In an effort to prevent structural mishaps during the monsoon, Jaipur's municipal bodies initiated the demolition of nine buildings deemed critically unsafe. The civic action, which took place earlier this week, followed repeated notices to property owners who failed to respond. A broader inspection of the city revealed widespread civic issues such as blocked drains, encroachments, and deteriorating infrastructure. The authorities are now focused on sealing, vacating, or removing dangerous buildings, while also addressing sanitation and public safety concerns across key city zones in both Jaipur Heritage and Greater areas.Read more

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Lucknow set for urban makeover with new housing, bylaws and commercial policy

09 Aug 2025

In a significant push towards urban transformation, the Lucknow Development Authority (LDA) approved a series of building bylaw amendments and housing initiatives during a board meeting held this past week. The decisions included permitting housing development on government roads narrower than nine metres, launching group housing projects, and shifting commercial land allotment to a first-come, first-served model. Other proposals sanctioned include a modern transport terminal at Charbagh, e-vehicle charging stations, and digital preservation of land records. Affordable housing continues to be a key priority, with registrations underway for nearly 1,832 units.Read more

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NBCC wins INR 103 crore contract to refurbish Lokpal office in Delhi

08 Aug 2025

NBCC (India) Ltd, a government-owned construction and project management firm, has secured a major contract worth nearly INR 103 crore from the Lokpal of India. The project involves comprehensive infrastructure work including repairs, retrofitting, and interior upgrades for Lokpal's office located in Vasant Kunj, South Delhi. The work order was formalized under a new agreement signed between both entities earlier this week. The project cost, excluding GST, is pegged at INR 102.97 crore.Read more

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Parliamentary panel calls for dedicated ESG oversight body to combat greenwashing

08 Aug 2025

A parliamentary panel has urged the Ministry of Corporate Affairs to establish a dedicated ESG (Environmental, Social, and Governance) oversight body to actively combat greenwashing and penalize fraudulent ESG claims. This recommendation is part of a broader call to amend the Companies Act, 2013, to explicitly integrate ESG objectives into the fiduciary duties of company directors. The committee also recommended creating a transparent oversight system for Corporate Social Responsibility (CSR) and strengthening institutions like the Serious Fraud Investigation Office (SFIO) to tackle financial crimes.Read more

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BMC considers demolishing the MTNL Flyover in Goregaon for Coastal Road link

08 Aug 2025

Mumbai's civic body is planning to demolish the MTNL flyover in Goregaon to facilitate seamless connectivity between the upcoming Coastal Road (North) and the Goregaon-Mulund Link Road (GMLR). The flyover, linking Mindspace to Dindoshi Court, stands in the path of the planned transition to GMLR tunnels. While officials say the move will improve east-west mobility, locals and politicians are divided-some worry about worsening traffic, especially towards Malad and Marve, while others criticise the demolition of a functional, decade-old structure as poor planning. The controversy echoes the earlier removal of Bandra's skywalk for Metro Line 2B.Read more

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Bombay HC stays rule mandating telecom rooms in new buildings

08 Aug 2025

The Bombay High Court has stayed the implementation of a 2023 Maharashtra government resolution that made it compulsory for all new building projects to include a telecom room to receive development permissions. The order came in response to a petition by the Maharashtra Chamber of Housing Industry (MCHI), which argued that such a rule required a formal amendment to the city's Development Plan and not just a government order. The court accepted this argument and clarified that such planning changes need to go through a legal and consultative process.Read more

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Odisha CM announces mega steel plant in Keonjhar, land acquisition to begin soon

08 Aug 2025

Odisha Chief Minister Shri Mohan Charan Majhi has announced that land acquisition for a mega steel plant in Keonjhar district will begin soon, as the company has already deposited the required funds. A joint venture between JSW Group and South Korean steel giant POSCO, is set for an initial investment of over INR 40,000 crore and a production capacity of 5 million tonnes per year. This development is seen as a key step in boosting the mineral-rich district's economy and creating new employment opportunities for local youth, with the Chief Minister taking it as a challenge to bring large-scale industry to the area.Read more

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Highway Infrastructure sees strong IPO response with 73 times subscription

07 Aug 2025

Highway Infrastructure Ltd's initial public offering witnessed a massive response from investors, being subscribed nearly 73 times within the first two days of bidding. The IPO, valued at INR 130 crore, drew strong interest across all investor categories, especially from non-institutional and retail investors. The offering consists of a fresh issue and an offer for sale, and includes participation from anchor investors like HDFC Bank and Abans Finance. Highway Infrastructure, known for tollway collection, EPC projects, and real estate development, will list its shares on both BSE and NSE.Read more

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Highways Ministry undertakes large-scale expansion and maintenance of national roads network

07 Aug 2025

The Ministry of Road Transport and Highways is managing a vast portfolio of national highway construction across India, with 1,240 projects spanning over 29,000 km currently under development. Union Minister Shri Nitin Gadkari informed the Rajya Sabha that these works, with a total cost of INR 7.80 lakh crore, are being executed in stages and are expected to conclude by the financial year 2028-29. Of the ongoing works, more than 15,600 km have already been completed. The government is also expanding its focus on electric vehicle infrastructure and road maintenance.Read more

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New corridor to link Vadhavan port with Samruddhi E-way, boosting industry and exports

07 Aug 2025

The Maharashtra Cabinet recently approved construction of a roughly 105 km freight corridor connecting the upcoming Vadhavan port in Palghar with the Samruddhi Expressway in Nashik. The route will slash the current 183 km detour and cut transit time from around five hours to just one to one and a half hours, enhancing cargo logistics between coastal and inland regions. The move includes a INR 1,500 crore HUDCO loan and state allocation of INR 2,529 crore. Once built by MSRDC over three years, the corridor is poised to boost industrial, agricultural and educational hubs across the region.Read more

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Supreme Court makes green clearance mandatory for hostels, schools, and industrial sheds

07 Aug 2025

The Supreme Court has ruled that all construction projects involving industrial sheds, educational institutions, and hostels must obtain environmental clearance from State Environment Impact Assessment Authorities (SEIAAs). This overturns earlier provisions that exempted such developments from scrutiny. While upholding revised central norms, the bench-led by Chief Justice B R Gavai-also clarified that states have jurisdiction over clearances in eco-sensitive zones, wildlife areas, polluted zones, and near inter-state borders. The court emphasised the need to balance ecological protection with economic progress, reinforcing the role of decentralised environmental governance in project approvals moving forward.Read more

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NaBFID to launch credit boost scheme for infrastructure bonds next month

07 Aug 2025

The National Bank for Financing Infrastructure and Development (NaBFID) is preparing to launch a credit enhancement facility by September to strengthen infrastructure bonds' appeal among long-term institutional investors like insurance and pension funds. The initiative, first announced in the interim Budget and reinforced in the full Budget, aims to improve bond ratings, making them more investible. With an initial outlay of INR 10,000 crore, the facility is expected to address the funding gap in infrastructure by attracting capital from investors bound by strict credit-rating mandates.Read more

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Haryana launches pilot for paperless property deed registration in Naraingarh

07 Aug 2025

Haryana has introduced a pilot project in Naraingarh tehsil, enabling a fully online and paperless deed registration system. The initiative allows property buyers and sellers to schedule appointments, upload documents, make payments, and access land records digitally. Authorities stated that the system flags property disputes or encumbrances in real time, aiming to improve transparency, cut down rejections, and reduce in-person visits. The move is intended to simplify the process and form a model for wider state implementation.Read more

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