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

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

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Tier 2 and Tier 3 cities redefine India's real estate future with integrated, sustainable growth

Mr. Rajesh Damani, Joint Managing Director, Jamshri Realty Ltd.

06 Jul 2025

India's real estate landscape is undergoing a significant transformation driven by the emergence of Tier 2 and Tier 3 cities as the new epicentres of growth. These smaller urban hubs are witnessing a surge in demand for integrated developments that merge residential, commercial, and recreational facilities. Factors such as hybrid work models, institutional leasing, and eco-conscious living are reshaping developer strategies. Coupled with increased public-private collaboration and shifting consumer priorities, the sector is pivoting from asset creation to community building with a long-term, sustainable approach.Read more

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Union Minister Shri Nitin Gadkari announces completion of four-lane Bandikui Spur, cutting Delhi-Jaipur travel time to three hours

06 Jul 2025

Union Minister Nitin Gadkari announced the completion of the 66.9 km four-lane Bandikui Spur, enhancing connectivity between Delhi and Jaipur. Built at a cost of INR 2,016 crore, the Greenfield road links the Delhi-Vadodara Expressway directly to Jaipur, cutting travel time to 3 hours and easing congestion on NH-48 and NH-21. The project is expected to boost tourism in Jaipur and improve access to landmarks like Amer Fort and Jantar Mantar. It will also lower logistics costs and benefit local farmers by providing easier access to Delhi markets. Separately, Gadkari stressed the need for faster infrastructure execution, highlighting funding is not an issue but timely delivery is.Read more

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Nashik sets up Urban Design Cell to guide sustainable city planning

04 Jul 2025

One of Maharashtra's fastest-growing urban hubs, the Nashik Municipal Corporation (NMC) has launched an Urban Design Cell to bring structure, sustainability, and aesthetic sensibility to civic development. Spearheaded by Municipal Commissioner Manisha Khatri, the cell comprises experienced architects, town planners, engineers, and heritage conservationists. It is set to guide the city's planning through climate-conscious, pedestrian-friendly, and culturally sensitive design strategies. This development aligns with the Maharashtra government's broader mandate to institutionalize urban design cells across 421 local bodies for more coordinated and future-ready infrastructure growth.Read more

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Centre, Assam discuss faster delivery of highway infrastructure projects

04 Jul 2025

Assam Chief Minister Shri Himanta Biswa Sarma and Union Road Transport Minister Shri Nitin Gadkari reviewed progress of key infrastructure projects in Assam. The meeting, held in New Delhi, focused on ensuring timely completion of national highway projects to boost regional connectivity and economic growth in the Northeast. The Chief Minister also held separate discussions on expanding corporate social responsibility initiatives and a Kenya-based company's entry into Assam's health sector. These meetings reflect ongoing efforts to accelerate development across multiple sectors in the state.Read more

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Bombay HC clears Bal Thackeray memorial at Mayor's Bungalow, dismisses all PILs

04 Jul 2025

The Bombay High Court has dismissed petitions challenging the conversion of Mumbai's historic Mayor's Bungalow into a memorial for late leader Bal Thackeray. The bench ruled that the decision is a government policy matter and found no legal basis to interfere. Petitioners had raised concerns over heritage protection, environmental rules, and the composition of the public trust overseeing the memorial. The court noted the bungalow's heritage structure remains intact and restored, and construction is nearly complete. With all legal procedures followed, and the land reclassified from green to residential, the court upheld the INR 1 lease and cleared the path for the memorial's completion.Read more

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Mumbai Coastal Road's next phase gets CRZ and forest clearance to begin construction

03 Jul 2025

Mumbai's Coastal Road Project's north phase, connecting Versova to Bhayandar, has received crucial Stage 1 approval for mangrove forest diversion. The INR 20,000 crore project involves interchanges, elevated roads, and twin tunnels, with much of the area in the Coastal Regulation Zone. Approximately 8.24 hectares of mangrove forest and 9,000 trees will be affected. Mitigation includes planting over 1.37 lakh new mangroves and afforestation over 31 hectares. The BMC will now seek High Court approval to begin construction, aiming to reduce travel time significantly and ease traffic congestion in Mumbai.Read more

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SJVN signs power deals to supply 1,492 MW green energy to UP and Delhi

03 Jul 2025

State-owned SJVN has signed multiple power purchase agreements to supply green energy from its hydro electric projects in Nepal and Himachal Pradesh. The agreements, announced on Tuesday, involve Uttar Pradesh Power Corporation Limited (UPPCL) and New Delhi Municipal Council (NDMC). Projects like the 900-MW Arun-III in Nepal and the 210-MW Luhri Stage-I and 382-MW Sunni Dam HEPs in Himachal Pradesh will add 592 MW of green energy to the national grid upon commissioning by December 2028. These deals contribute to India's clean energy transition and power infrastructure.Read more

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CFI's 2025 conference outlines India's next-gen infrastructure blueprint for a Viksit Bharat

03 Jul 2025

The Construction Federation of India (CFI) recently hosted its Flagship Conference 2025 in New Delhi under the theme "Redefining India's Infrastructure Growth: Next-Gen Solutions for a Viksit Bharat." The event brought together policymakers, infrastructure experts, global institutions, and business leaders to explore solutions to sectoral challenges such as delivery predictability, sustainability, financing, and safety. Three high-powered panels tackled topics ranging from energy transition and infrastructure planning to Industry 4.0 and semiconductor manufacturing. The event concluded with the announcement of a white paper that will further push for policy reforms to align infrastructure growth with national aspirations.Read more

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Power sector overhaul: India to add 77,000 km of transmission lines by 2032

02 Jul 2025

India is poised to invest around INR 4.91 lakh crore between 2027 and 2032 to upgrade and expand its power transmission network, as per a report by financial consultancy InVed. The capital will bolster high-voltage infrastructure, including the addition of over 76,000 circuit kilometres of transmission lines and nearly 5 lakh MVA of transformation capacity. A significant chunk over INR 3.91 lakh crore will fund the Inter-State Transmission System, while INR 99,296 crore will be allocated to intra-state projects. The effort aligns with India's broader vision to boost grid efficiency and integrate renewable energy on a national scale.Read more

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Adani Logistics launches double-stack rake service from Vapi to Haryana

02 Jul 2025

Adani Logistics Ltd has launched its inaugural double-stack rake service between ICD Tumb in Gujarat and ICD Patli in Haryana, aimed at transforming the freight movement between key manufacturing zones in southern Gujarat and the northern consumption belt. This strategic move is set to reduce logistics costs, cut carbon emissions by up to 30% per container, and significantly boost supply chain efficiency. Industries across textiles, electronics, and pharmaceuticals are expected to benefit as this multimodal freight link integrates Gujarat's ports with North India's industrial corridors.Read more

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KPIL expands global footprint with INR 989 crore in new power transmission deals

02 Jul 2025

Kalpataru Projects International Limited (KPIL) has announced fresh contracts worth INR 989 crore in the power transmission and distribution (T&D) sector. This development pushes the company's cumulative order intake for FY26 to INR 7,150 crore. The new awards, secured jointly by KPIL and its international subsidiaries, reflect growing global demand for grid infrastructure. KPIL's MD & CEO highlighted the company's end-to-end capabilities in the T&D EPC space, citing its consistent growth and robust global presence as key factors in securing these wins.Read more

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Lodha Palava showcases a model urban water strategy with zero-discharge recycling

01 Jul 2025

Lodha Palava, through the Palava City Management Association (PCMA), has implemented an integrated and sustainable water management model that ensures 24x7 supply while conserving natural resources. With per capita water use kept to 105 litres daily, significantly below the urban average, the city combines modern technology, full wastewater recycling, extensive rainwater harvesting, and adaptive quarry-based reservoirs to safeguard supply and reduce ecological impact. Its in-house water treatment plants have enabled uninterrupted service even during extended regional outages, collectively saving residents an estimated INR 2.5 crore by eliminating the need for tanker procurement.Read more

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Chandigarh MC allocates INR 10.25 crore ahead of Manimajra land auction

01 Jul 2025

The Chandigarh Municipal Corporation has sanctioned INR 10.25 crore for essential infrastructure development on a 7-acre plot in Manimajra's Pocket 6, ahead of a major land auction. This parcel, part of a 7.5-acre area divided into five plots, will be auctioned on a freehold basis, with reserve prices ranging from INR 125 crore to INR 217 crore. The scope of works includes sewerage, water supply, internal roads, horticulture, electrical systems, and a service duct. The collector rate has been pegged near INR 796 crore, and all internal services will be maintained by the successful bidders post-auction.Read more

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Massive civic drive mobilises over 3,500 volunteers to clean Sion-Panvel highway and railway stations across Navi Mumbai

01 Jul 2025

A large-scale cleanliness campaign was undertaken in Navi Mumbai, spearheaded by Navi Mumbai Municipal Corporation (NMMC) in collaboration with the Dr Nanasaheb Dharmadhikari Foundation, involving over 3,500 citizens and volunteers. The initiative targeted the Sion-Panvel highway and five major railway stations-Belapur, Nerul, Juinagar, Sanpada, and Vashi. Supervised by NMMC Commissioner Dr Kailas Shinde and senior civic officials, the operation yielded 22 tonnes of waste, including plastic, paper, fabric, and overgrown vegetation. The campaign aligns with the national 'Swachh Bharat Mission' and was part of an early rollout under the upcoming 'Safai Apnao, Bimari Bhagao' drive.Read more

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Mumbai Metro 3 to get retail outlets and lounges at BKC and CSMIA-T2 stations

01 Jul 2025

MMRCL has partnered with India Retail Hub Private Limited (IRHPL) to set up branded retail outlets, restaurants, offices, lounges, and food zones at Kotak-BKC and CSMIA-T2 stations along the Metro 3 corridor. This move comes as daily ridership jumped 114%-from about 24,500 to over 52,600-after a new stretch opened in May. IRHPL, known for its work in airport retail, will bring global brands and in-house labels to 32,000 sq. ft. of space across 35 locations within the two stations. This strategy follows a global trend of integrating retail into transport hubs, boosting commuter convenience and generating extra revenue for metro operators.Read more

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Plug-and-play parks key to India's manufacturing growth, says Cushman & Wakefield

30 Jun 2025

A new Cushman & Wakefield report stresses the need for faster development of plug-and-play industrial parks, lower logistics costs, and stronger skilling efforts to boost India's manufacturing growth. Based on a survey of 94 industry leaders, the report notes that while 88% of manufacturers are expanding thanks to better infrastructure and policy support, challenges remain around logistics, warehousing, value addition, and skills. The firm recommends building integrated industrial zones, developing multimodal logistics parks, redefining MSME benchmarks, and strengthening digital systems for exports. Experts say these steps are key to helping MSMEs scale quickly, reduce costs, and compete globally in a shifting market.Read more

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Margao begins safety checks on 21 unsafe buildings after public alarm

30 Jun 2025

Authorities in Margao have launched structural assessments on 21 buildings marked unsafe, following a series of collapses and long-standing neglect. A joint team from Goa Engineering College, PWD, and the Municipal Council recently inspected four structures, including commercial properties, revealing immediate risks to public safety. Despite previous warnings and demolition orders issued as far back as 2018, enforcement has been largely absent. Now, with pressure mounting, the administration is working to fast-track technical evaluations and take action, aiming to prevent further mishaps caused by neglected and deteriorating buildings.Read more

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RailTrans Expo highlights rail innovation under Viksit Bharat @2047 vision

30 Jun 2025

The RailTrans Expo 2025 was inaugurated in the capital this week by the Indian Chamber of Commerce in collaboration with the Urban Infra Group. With the theme centred around "Viksit Bharat @2047 - Rail & Mobility for a Developed India", the event assembled key voices from government, industry, and academia. Speakers underscored the pivotal role of Indian Railways in shaping the nation's economic and sustainable transformation, with particular focus on digital infrastructure, talent development, green innovation, and global benchmarking.Read more

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Pune Metro expands: Vanaz-Chandani Chowk, Ramwadi-Wagholi lines approved

29 Jun 2025

The Union Cabinet has approved Phase II of the Pune Metro Rail Project, marking a major boost to the city's public transit network. The new phase includes two elevated corridors-Vanaz to Chandani Chowk and Ramwadi to Wagholi-spanning 12.75 km at a cost of INR 3,626 crore. These extensions build on the existing Vanaz-Ramwadi line and are expected to be completed in four years. The plan includes integration with intercity buses and other metro lines to enhance multimodal connectivity. Aimed at easing traffic congestion, the project is set to transform commuting in Pune's rapidly growing areas through more efficient and accessible transport.Read more

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