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

VDA launches campaign to explain new building bylaws and zoning norms for 2025

31 Jul 2025

The Varanasi Development Authority (VDA) has launched an awareness campaign for its new Building Construction and Development Bylaws-2025 and Model Zoning Regulation-2025. The initiative aims to simplify construction processes, promote green buildings, and encourage vertical growth within the city. Through workshops and events, VDA is educating builders and property owners about key provisions, including simplified registration, set time limits for NOCs, and increased Floor Area Ratio.Read more

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Delhi Metro's Phase V to boost Ghaziabad-Noida connectivity with four new lines

31 Jul 2025

The Delhi Metro Rail Corporation (DMRC) has proposed four new metro corridors for Ghaziabad, aiming to significantly enhance regional connectivity, particularly with Noida. These extensions, totaling approximately 25 kilometers and estimated to cost INR 7,500 crore, include extending the Blue Line to Sahibabad and a Pink Line extension to Arthala, linking parts of Delhi to Hindon Civil Terminal. With the Ministry of Housing and Urban Affairs now funding the preparation of detailed project reports, these projects have a better chance of advancing.This development promises to improve public transport access for over 5 lakh residents and integrate key areas like Indirapuram, Vasundhara, and Vaishali, alongside providing air connectivity.Read more

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Kolkata civic body cracks down on construction debris dumping to prevent waterlogging

30 Jul 2025

The Kolkata Municipal Corporation (KMC) has initiated stricter monitoring of construction material dumping on city roadsides to combat waterlogging. Developers of under-construction buildings are now required to store materials immediately on the ground floor once built, facing stop-work notices for non-compliance. This directive follows complaints of inundation caused by debris, which is often illegally dumped in drains and vacant plots. The move aligns with existing rules mandating proper waste disposal and comes as a similar redressal system for construction and demolition waste is being developed in New Town to enhance urban cleanliness and prevent blockages.Read more

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TMC mandates registration for all construction activity in Yeoor Hills

30 Jul 2025

The Thane Municipal Corporation (TMC) has introduced new rules for transporting construction materials in Yeoor Hills, an environmentally sensitive zone. Under these regulations, a construction permit from TMC's Urban Development Department is now mandatory, and authorized builders must register project details and vehicle information with the forest department. This move aims to curb unauthorized constructions and protect the ecological balance of the hills. The TMC is also taking action against illegal turf and commercial constructions, and has issued notices for noise and firecracker violations, reflecting a broader effort to preserve the sensitive environment of Yeoor Hills.Read more

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Nxtra signs ISTS-based solar-wind hybrid agreement with AMPIN Energy

30 Jul 2025

Nxtra by Airtel today announced a new agreement to source an additional 125.65 megawatts (MW) of renewable energy from AMPIN Energy. This latest deal brings the total renewable energy partnership between the two companies to over 200 MW. The additional capacity, a solar-wind hybrid, will be supplied from plants in Rajasthan and Karnataka through the Inter-State Transmission System (ISTS). This move reinforces Nxtra's commitment to power its data centers sustainably and aligns with its pledge to source 100 percent of its electricity from renewable sources, contributing to greener data center operations across India.Read more

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Bombay High Court directs Lonavala civic body to improve infrastructure and protect ecology

30 Jul 2025

The Bombay High Court has directed the Maharashtra government and the Lonavala Municipal Council to take immediate steps to improve civic infrastructure at the popular hill station. This order comes in response to a petition highlighting issues like illegal constructions, traffic congestion, and waste management failures. The court emphasized the need for better roads, drains, footpaths, and streetlights, alongside measures to protect Lonavala's natural environment. This directive aims to address the challenges posed by the unchecked growth of the tourist destination and ensure sustainable development for both residents and visitors.Read more

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Bridge crack near Nahur not serious, GMLR flyover safe for traffic: BMC

30 Jul 2025

A crack recently appeared on a flyover of Mumbai's Goregaon-Mulund Link Road (GMLR) at the Nahur ROB (Road Over Bridge) junction, raising concerns among commuters. The Brihanmumbai Municipal Corporation (BMC) has assured the public that the crack is only on the bridge's concrete railing and does not affect its main structure or vehicular movement. While the civic body states it's a minor issue being repaired, the incident highlights ongoing public scrutiny over infrastructure quality in Mumbai, especially concerning major connectivity projects like the GMLR, and the need for quick official responses to maintain public trust.Read more

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Chennai removes 1,000 tonnes of construction waste daily across 15 zones

30 Jul 2025

Chennai's civic authority cleared around 2 lakh tonnes of building waste across all city zones, with daily averages of 1,000 tonnes moved using more than 160 vehicles. The debris is being recycled into construction materials at municipal plants, offering cost savings and promoting reuse. A dedicated app tracks operations, while new rules have generated public engagement and INR?39.3 lakh in fines. Despite this, regulatory bodies flagged that processing plants remain inoperative, necessitating urgent action to meet environmental norms.Read more

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Sagarmala Initiative: India eyes global investment for port modernization

30 Jul 2025

India is actively looking to attract foreign investment for its ambitious INR 25,000 crore maritime infrastructure development projects. This push aims to upgrade ports, enhance connectivity, and boost coastal economic activities, aligning with the Sagarmala Programme's objectives. By courting global funds, the government seeks to accelerate the modernization of its maritime sector, which is vital for trade, logistics efficiency, and overall economic growth. This strategy reflects India's commitment to transforming its coastline into a key driver of national prosperity and global trade integration.Read more

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MHADA goes digital with 1.5 crore public records to boost transparency

29 Jul 2025

MHADA has made 1.5 crore official documents publicly accessible on its website, aiming to boost transparency in Maharashtra's housing sector. Announced in April 2025, the move includes circulars, tenders, office orders, approvals, and internal remarks-organized department-wise. Sensitive records, such as those related to housing lotteries, remain restricted. Vice President and CEO Sanjeev Jaiswal confirmed strict safeguards: documents cannot be downloaded or screenshotted, and users must state a reason to view files. All access is logged to ensure accountability. This initiative marks a major step in promoting open governance and improving public access to information in the state's housing development processes.Read more

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India earmarks 15,000 acres for coastal shipbuilding hubs to attract INR 1.5 lakh crore investment

29 Jul 2025

India plans to designate 15,000 acres along its coastline for the development of shipbuilding clusters, aiming to attract INR 1.5 lakh crore in investments. This initiative, led by the Ministry of Ports, Shipping and Waterways, seeks to bring global shipbuilding companies to India and boost the country's manufacturing capabilities in the maritime sector. Key states like Maharashtra, Odisha, Tamil Nadu, Andhra Pradesh, and Gujarat have identified land parcels for these projects, with states offering various incentives including subsidies for capital investment and skill development, as India targets becoming a global leader in shipbuilding.Read more

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No C&D waste plant in Vasai-Virar despite 2016 mandate, RTI reveals

29 Jul 2025

Nearly 10 years after C&D waste management became mandatory for local bodies, the Vasai-Virar City Municipal Corporation (VVCMC) still lacks a dedicated plant, an RTI query has revealed. This failure means C&D debris is illegally dumped in low-lying areas, violating environmental rules and affecting air quality. Despite the demolition of numerous illegal buildings and ongoing redevelopment generating significant waste, the VVCMC has only sent a proposal for a plant in Gokhivare for approval. This absence of proper management raises concerns about pollution and highlights the civic body's ongoing struggle to comply with environmental regulations.Read more

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MMRC invites bids for feeder bus services on Mumbai Metro Line 3

28 Jul 2025

The Mumbai Metro Rail Corporation (MMRC) has invited bids from public transport operators to run feeder bus services for Mumbai Metro Line 3. This initiative aims to improve last-mile connectivity for commuters, linking 27 underground stations to nearby residential and commercial areas. The service will begin in phases, with trial operations for Line 3 starting in October. The plan involves 92 proposed routes managed through a Public-Private Partnership model, utilizing GPS-tracked electric buses, aligning with MMRC's goal to offer eco-friendly transport and reduce road congestion in Mumbai.Read more

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Mumbai's Madh-Versova bridge project receives environmental clearance after a year's delay

28 Jul 2025

The Madh-Versova bridge project in Mumbai has secured environmental clearance from the Union Environment Ministry, marking a key milestone for the INR 2,395 crore initiative. However, the project still requires Bombay High Court approval, as it will impact 2.3 hectares of protected mangroves. The 2.06-km cable-stayed bridge aims to connect Madh Island to Versova, easing travel by bypassing long detours. Environmental groups have raised concerns over the loss of stormwater buffers and the project's location in a former no-development zone. The BMC's Bridges Department is overseeing implementation, as the city continues to weigh infrastructure needs against ecological preservation in sensitive coastal areas.Read more

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Mumbai-Ahmedabad bullet train now expected to be completed by December 2029

28 Jul 2025

The Mumbai-Ahmedabad bullet train project is now expected to be completed by December 2029, according to the Ministry of Railways. Land acquisition stands at 90.4%, with Maharashtra trailing at 76.5%. Construction progress includes 87.5% completion of viaducts, 80.5% of stations and tunnels, 76.8% of bridges, and 38.6% of track installation. Electrification work is at 27.6%. Managed by NHSRCL, the 508 km high-speed rail line aims to cut travel time between Mumbai and Ahmedabad to 2-3 hours. First announced in 2017 and delayed due to land issues, the project is seen as a major step in modernizing India's rail infrastructure.Read more

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Maharashtra CM meets Union ministers to fast-track funding for rural and industrial projects

28 Jul 2025

Maharashtra Chief Minister Shri Devendra Fadnavis recently conducted multiple high-level meetings in New Delhi with key Union ministers and NITI Aayog officials, pressing for central approvals and financial backing for a series of ambitious infrastructure, health, and rural development projects. The state has proposed funding requests exceeding USD 3.5 billion through global institutions for cement road construction, coastal erosion prevention, and wastewater treatment. Additionally, discussions covered a proposed INR 10,000 crore fertiliser plant in Nagpur and a USD 2.6 billion cement road project with ADB assistance, among other sustainability-linked initiatives.Read more

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Nagpur flood risk grows as retaining wall work stalls across key river zones

28 Jul 2025

Flood risk is rising in parts of Nagpur-especially Pardi, Punapur, Kalamna, Wanjra, Wathoda, and Narsala-due to incomplete retaining walls along the Nag, Pili, and Pora rivers. Despite a INR 57 crore proposal under Maharashtra's flood mitigation program receiving in-principle approval, funds remain unreleased. Of an earlier INR 204.72 crore allocation, only INR 86.63 crore has been disbursed, stalling critical construction and contractor payments. Recent rains have already caused waterlogging, and a 2023 wall collapse near Ambazari dam sparked major damage and public outcry. The Nagpur civic body has appealed to the divisional commissioner, while residents have moved the Bombay High Court to demand urgent action.Read more

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Bhendi Bazaar transformation showcases sustainable inner-city redevelopment

28 Jul 2025

The redevelopment of South Mumbai's Bhendi Bazaar, spearheaded by the Saifee Burhani Upliftment Trust (SBUT), has emerged as a pioneering model for eco-conscious urban renewal in India. The project includes advanced EV infrastructure, rooftop solar energy generation, rainwater harvesting, and redesigned pedestrian-friendly streets. With green features such as organic waste converters, 700 native trees, and energy-efficient building orientation, the redevelopment integrates modern sustainability practices with cultural continuity. Recognised with national accolades, Bhendi Bazaar's overhaul offers a replicable template for inclusive and future-ready urban regeneration.Read more

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Inox wind secures 51 MW order from first energy for wind turbines in Tamil Nadu

28 Jul 2025

Inox Wind recently announced it has received a 51 megawatt (MW) order from First Energy Pvt Ltd, a Thermax Group company. This marks the first time First Energy has ordered Inox Wind's 3 MW class wind turbines. The project in Tamil Nadu will also include limited engineering, procurement, and construction (EPC) services, along with multi-year operations and maintenance (O&M) services. This partnership aims to help First Energy expand its renewable energy offerings and supports India's goals for energy transition, further solidifying Inox Wind's role in the country's wind power sector.Read more

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SC clears Adani's jetty project in Raigad, allows removal of 158 mangroves with safeguards

27 Jul 2025

The Supreme Court has upheld an earlier order by the Bombay High Court allowing Adani Cementation Ltd to cut 158 mangrove trees in Maharashtra's Raigad district to develop a captive jetty along the Amba River. The project involves a 620-metre-long jetty with mechanised conveyor systems aimed at transporting cement, clinker, and raw materials through waterways instead of roads. This move is intended to reduce heavy vehicular traffic and carbon emissions. Despite opposition from an environmental NGO, the court has mandated compensatory afforestation and strict adherence to environmental safeguards as a condition for proceeding with the construction.Read more

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