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

IGNCA to restore Gandhian heritage sites in Wardha under INR 45 crore project

13 Jul 2025

The Indira Gandhi National Centre for the Arts (IGNCA) will lead a INR 45 crore project to conserve and restore key Gandhian heritage sites in Wardha, Maharashtra, including Gandhi Smriti Bhavan, Kasturba Kitchen, and Wardha Haat. This initiative, in collaboration with MGIRI, aims to preserve architectural, historical, and cultural significance, promoting rural development and public engagement. The project, set for 18-month completion, will transform sites into multimedia museums and artisan marketplaces, making Wardha a hub for Gandhian thought and sustainable heritage tourism.Read more

cover photo

JSW Infra wins INR740 crore Kolkata container terminal project under PPP model

12 Jul 2025

JSW Infrastructure has secured a letter of award from the Syama Prasad Mookerjee Port Authority for a port development project worth INR 740 crore at Netaji Subhas Dock in Kolkata. The project entails reconstructing berth 8 and mechanising berth 7 under a 30-year DBFOT concession within the PPP framework. With a two-year construction schedule, JSW Infrastructure will also commence operations during the build phase. The project will expand the company's container handling capacity, aligning with its broader strategy to strengthen presence on both eastern and western coastlines through the government's port privatisation scheme.Read more

cover photo

BMC ramps up drive to collect household hazardous waste across Mumbai

12 Jul 2025

Mumbai's domestic hazardous waste collection initiative has seen nearly 2,000 establishments register, including housing societies and beauty parlours, covering about 4.5 lakh citizens. The Brihanmumbai Municipal Corporation (BMC) transports an average of 1.7 tonnes of waste daily to six plasma incineration facilities. This initiative aims for safe disposal of items like diapers and medicines, which can contaminate other waste. Despite generating 80-100 tonnes daily, the current collection is a fraction. The BMC plans more efforts to boost participation and manage all waste categories.Read more

cover photo

BMC considers dome-like indoor event space near Mahalaxmi racecourse stables

11 Jul 2025

The BMC is considering developing a dedicated indoor event space near the Mahalaxmi Racecourse stables in Mumbai, encouraged by a INR 7.5 crore revenue boost from recent events. The proposed 15-acre facility would host cultural and corporate events, especially during monsoons. This initiative follows BMC taking possession of 120.1 acres of the 212.7-acre racecourse plot last year. Officials also discussed mapping underground utilities and coordinating a pedestrian tunnel to the Metro 3 station, ensuring development without disrupting horse racing.Read more

cover photo

Gautam Buddh Nagar steps up safety checks near Jewar airport amid flight risk concerns

11 Jul 2025

Authorities in Gautam Buddh Nagar have initiated a comprehensive safety protocol around the under-construction Noida International Airport, aiming to address threats from illegal buildings, waste mismanagement, and wildlife presence within a 10-km radius. The Airport Environment Management Committee (AEMC), led by District Magistrate Manish Kumar Verma, has mandated regular inspections, drainage improvements, and prohibition of unauthorised drone and laser activity. These interventions are deemed critical to ensure safe operations at the greenfield airport project in Jewar, which is nearing the start of its first phase after missing its earlier timeline.Read more

cover photo

SBI Ventures invests in RETAS Enviro to tackle water scarcity and urban flooding

11 Jul 2025

SBI Ventures' Neev II Fund, a climate and sustainability-focused SME fund, has invested in RETAS Enviro Solutions Private Limited, a climate-tech company specializing in modular rainwater harvesting and disaster-resilient infrastructure. RETAS uses patented Rainmaxx tanks made from recycled polypropylene to capture and store rainwater, facilitating groundwater recharge. The investment supports RETAS's plans to expand its presence and product deployment in India, addressing water scarcity and urban flooding. RETAS has already captured over 75 billion litres of rainwater, aiming to significantly increase this capacity.Read more

cover photo

NHSRCL completes 16 of 21 river bridges in Gujarat for Mumbai-Ahmedabad bullet train project

11 Jul 2025

NHSRCL has announced the completion of 16 out of 21 planned river bridges for the Mumbai-Ahmedabad High-Speed Rail Corridor in Gujarat. All five bridges in Valsad district, including the 360-meter Daman Ganga river bridge, are finished. The overall 352-km Gujarat stretch of the bullet train project includes key structures like the 1.4-km Narmada river bridge. The full 508-km corridor's longest bridge will be 2.4 km over Maharashtra's Vaitarna river. This progress marks a step in building the high-speed rail infrastructure.Read more

cover photo

BMC receives three bids to clear 185 lakh tonnes of waste at Deonar site

11 Jul 2025

Three companies; Navayuga Engineering, Re Sustainability, and H G Infra Engineering, have bid for the BMC's INR 2,368 crore tender for bioremediation work at the Deonar dumpsite in Mumbai. The project aims to clear 185 lakh tonnes of waste and reclaim 110 hectares of land. The cleared land is designated for housing under the Dharavi Redevelopment Project. All bidders have previous associations with the Adani Group. The final financial bid is scheduled to open on July 11, marking a step in Mumbai's waste management and urban development efforts.Read more

cover photo

Thane Infrastructure: Phase 1 of Kasarvadavli flyover opens to ease traffic on Ghodbunder Road

10 Jul 2025

Phase 1 of the Kasarvadavli Flyover in Thane, Maharashtra, has opened to traffic. The two-lane flyover, constructed by MMRDA, aims to ease traffic congestion on Ghodbunder Road, particularly for office and freight movement. Designed to integrate with Metro Line 4, this initial phase is expected to reduce travel time from Waghbil to Gaimukh and improve connectivity among Thane, Mumbai, and neighboring areas. The next phase is underway, aligning with Metro construction for smoother intermodal transit.Read more

cover photo

MMRDA forms committee to tackle crowding on Mumbai Metro 1 line

10 Jul 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) has formed a committee to address overcrowding on Metro 1 (Versova-Andheri-Ghatkopar line). This action follows a recent technical failure that caused excessive crowding. The committee, led by former chief secretary Johny Joseph, will review service disruptions and evaluate solutions. The Metro 1 operator, MMOPL, plans to deploy standby rakes, upgrade four-coach trains to six, and reconsider mixed-loop services to improve commuter experience. Metro 1, operational since July 2014, currently carries 500,000 daily passengers.Read more

cover photo

Newly built Sindoor flyover in South Mumbai ready to open, replacing 150-year-old Carnac Bridge

09 Jul 2025

The Sindoor flyover in South Mumbai, earlier known as the Carnac bridge, is set to open to the public following its scheduled inauguration by Maharashtra Chief Minister Shri Devendra Fadnavis. Developed by the BMC, the bridge spans 328 metres and facilitates two-way traffic between East and West South Mumbai near Masjid Bunder. Constructed within a strict timeline after the dismantling of the old Carnac bridge in August 2022 due to safety concerns, the new flyover integrates complex civil engineering features, including dual 550-metric-ton steel girders and RCC piers, and has secured all required safety and structural approvals.Read more

cover photo

DPIIT reviews 18 infrastructure projects worth over INR 36,296 crore in Gujarat and Rajasthan

09 Jul 2025

The Department for Promotion of Industry and Internal Trade (DPIIT) reviewed 22 issues impacting 18 infrastructure projects in Gujarat and Rajasthan, collectively valued at over INR 36,296 crore. The meeting, chaired by DPIIT Secretary Amardeep Bhatia, focused on expediting these projects. Major initiatives discussed included a INR 14,147 crore power transmission scheme for solar energy zones and Reliance Jio's 5G/4G network expansion. The review aims to streamline approvals and ensure timely completion for national development goals.Read more

cover photo

Adani Ports unveils world's first steel slag road at Hazira Port

08 Jul 2025

Adani Ports and Special Economic Zone Ltd. (APSEZ) has inaugurated the world's first steel slag road at a port, located at Hazira Port, Ahmedabad, Gujarat. The 1.1-kilometer road uses processed steel slag aggregates, a by-product of steel manufacturing. This project, India's third steel slag road but first in a port globally, demonstrates repurposing industrial waste into durable infrastructure. Developed in collaboration with CSIR-CRRI and the Ministry of Science & Technology, it aligns with the 'Waste to Wealth' mission, positioning APSEZ at the forefront of sustainable maritime infrastructure.Read more

cover photo

Mumbai-Ahmedabad bullet train project hits key tunneling and structural milestones

08 Jul 2025

The Mumbai-Ahmedabad bullet train project is progressing rapidly, with key construction milestones achieved across Maharashtra. Work is underway on three elevated stations-Thane, Virar, and Boisar-with initial slabs cast at Virar and Boisar. Viaduct construction has begun in Palghar, alongside excavation of seven mountain tunnels and a 21 km underground and undersea tunnel between BKC and Shilphata. This includes a 7 km undersea stretch beneath Thane Creek. Significant tunneling has been achieved using TBMs and NATM methods. Vertical shaft works and segment casting for tunnel linings are in full swing. Bridge construction has also started over major rivers, and 80% excavation at BKC station is complete.Read more

cover photo

Centre slashes toll rates by up to 50% for bridges, tunnels, and flyovers on highways

08 Jul 2025

The central government has revised toll charges for national highway stretches with structures like tunnels, bridges, and flyovers, reducing rates by up to 50%. Under the amended NH Fee Rules, 2008, tolls will now be calculated using a new formula: either ten times the length of the structures added to the remaining section or five times the total highway length-whichever is lesser. For example, a 40 km structural stretch will now be tolled based on 200 km instead of 400 km. This change lowers travel costs for motorists while addressing high construction expenses, according to the Ministry of Road Transport and Highways and NHAI.Read more

cover photo

Invest Kerala Global Summit projects to create 40,000+ jobs across the state

08 Jul 2025

The Invest Kerala Global Summit (IKGS), held in Kochi in February 2025, has attracted investments worth INR 1.77 lakh crore across 424 projects. Of these, 86 projects worth INR 31,429 crore have begun, expected to create over 40,000 jobs. In July alone, projects worth INR 1,500 crore-including ventures by BlueStar Realtors, Canyo Health, and Kaynes Technology-will commence. August will see another INR 1,437 crore in projects begin, including Green Worms Waste Management, Renai Medicity, and Nitta Gelatin. Adani Logistics will invest INR 600 crore in a logistics park in Kalamassery. A minister-led advisory group is overseeing smooth execution, with land secured for 268 projects so far.Read more

cover photo

IRB InvIT to acquire three tollway SPVs from IRB Infrastructure Trust

07 Jul 2025

Unitholders of IRB InvIT Fund have approved the acquisition of 100% equity in three highway SPVs-Hapur Moradabad Tollway, Kaithal Tollway, and Kishangarh Gulabpura Tollway-from IRB Infrastructure Trust, at an enterprise value of INR 8,436 crore. The approval saw 96% support from unitholders. The assets, operating under the build-operate-transfer (BOT) model, will boost IRB Infrastructure Developers' operations and maintenance order book by INR 3,100 crore, bringing the total to INR 33,600 crore. IRB InvIT is the public infrastructure trust arm of IRB Infrastructure Developers, which is India's largest private toll roads and highways developer, with an asset base exceeding INR 80,000 crore across 12 states.Read more

cover photo

Government to provide virus-free saplings, new crop labs and rural housing in J&K

07 Jul 2025

The Union Minister of Agriculture, Shivraj Singh Chouhan, announced that nearly 500,000 homeless individuals in Jammu and Kashmir will soon receive homes under the Pradhan Mantri Awas Yojana after beneficiary verification completes. Alongside, a INR 150 crore Clean Plant Centre will be built in Srinagar to ensure pathogen-free horticulture stock, with additional labs for saffron, soil, and fertilizer quality. Support is being extended to farmers via PM-KISAN, crop insurance mapping, ICAR-backed regional centers and infrastructure upgrades. Women in rural areas are seeing rising incomes, with many crossing INR 1?lakh and even INR 10?lakh annually.Read more

cover photo

Madhya Pradesh CM pushes for inclusive urban housing and green city development

07 Jul 2025

Madhya Pradesh's chief minister has directed officials to prepare an action plan for expanding affordable housing with a focus on socio-economic needs to curb slum growth. He emphasized green spaces in all housing projects and enforcement against illegal developments near Bhopal's Upper Lake. Key plans include engaging top builders, launching a proposed "Namo Train" intra-city rail, and prioritizing homes for women under the Ladli Behnas scheme. Other initiatives include modern laundry services for self-help groups, extending the Deendayal Rasoi Yojana, and converting reserved land into "Nagar Vans." An INR 2,800 crore plan for developing religious towns like Chitrakoot is also in progress, alongside efforts to boost housing density.Read more

cover photo

Twin tunnel under Sanjay Gandhi National Park gets final nod for Goregaon-Mulund Link Road

06 Jul 2025

The Union Environment Ministry has granted final clearance for forest land transfer to build twin tunnels under Mumbai's Sanjay Gandhi National Park, part of the Goregaon-Mulund Link Road (GMLR) project. The 4.7 km tunnels, costing 6,500 crore, will connect Goregaon's Film City to Mulund's Khindipada by 2028. Built 20-160 meters underground, they'll include safety systems, utility ducts, and control rooms. Despite diverting 19.43 hectares of forest, no trees will be affected, and afforestation will be done in Chandrapur district. Extensive environmental studies guided the project. Once completed, the tunnels will cut cross-city travel time from 75 to 25 minutes and lower carbon emissions by over 22,000 tonnes annually.Read more

cover photo