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

AMC clears INR 62.79 crore repair plan for four ageing railway overbridges in Ahmedabad

Ahmedabad News Desk

19 Feb 2026

The Ahmedabad Municipal Corporation has approved an INR 62.79 crore proposal to repair four ageing railway overbridges in the eastern part of the city after technical inspections flagged structural distress. The decision follows expert recommendations highlighting damaged bearings and reduced structural gaps that require immediate attention. The bridges, built between the mid-1980s and late-1990s, will be taken up for phased repairs to ensure commuter safety and extend their service life. The move aligns with wider safety checks initiated across Gujarat after recent bridge failures elsewhere.Read more

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Rajasthan steps up urban infrastructure spending with focus on drainage and smart city works

19 Feb 2026

The Rajasthan government has announced a focused urban infrastructure push with an allocation of INR 500 crore for drainage systems and smart city works across key towns. Jaipur and Ajmer are major beneficiaries, while several other cities will see flood-control interventions. The budget also provides for energy-efficient streetlighting, parking infrastructure, civic service centres and electric vehicle charging facilities. These measures build on earlier investments under national urban missions and aim to address long-standing issues related to flooding, mobility and municipal service delivery.Read more

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Bihar engages with ADB on USD 1 billion development investment proposals

19 Feb 2026

Bihar's Chief Secretary Pratyaya Amrit recently chaired a meeting with the Asian Development Bank (ADB) to discuss investment proposals exceeding USD 1 billion for the state's multi-sector development. Officials from finance, education, agriculture, water resources, health, and urban development departments participated. The discussion focused on projects including a Buddhist tourism circuit, water and agriculture transformation, renewable energy expansion, urban infrastructure resilience, skill development, and health system improvements. The state government will examine these proposals in detail and develop an action plan to move forward with priority projects.Read more

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Festo inaugurates global capability centre in Bengaluru to boost Industry 4.0 innovation

19 Feb 2026

Festo has inaugurated a new Global Capability Centre (GCC) in Bengaluru as part of its strategy to advance Industry 4.0, automation and smart manufacturing. The 71,000 sq ft facility near Electronics City will accommodate up to 600 employees and marks a significant milestone as the company completes 40 years of operations in India. Designed as a strategic engineering and digital hub, the centre will focus on advanced engineering, software development, data analytics and process optimisation to support Festo's global operations. The investment reinforces Bengaluru's position as a leading technology destination while strengthening Festo's commitment to sustainable automation and global research and development initiatives.Read more

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Bhopal’s Lakeview Residency to be demolished and redeveloped as five-star hotel under PPP

19 Feb 2026

A prominent hotel property in Bhopal the MPT Lake View Residency Hotel on Shyamla Hills overlooking the Upper Lake is set to be demolished and redeveloped into a modern five-star hotel with a convention centre under a public-private partnership (PPP) model. The Madhya Pradesh Tourism (MPT) Corporation has awarded redevelopment rights to a consortium led by Genex Hotels Pvt Ltd, Dilip Buildcon Ltd and Indian Hotels Company Ltd (IHCL), which will form a special purpose vehicle to design, build, finance and operate the new facility over a long-term concession. Plans include a luxury hotel with approximately 150 rooms and extensive event space aimed at boosting Bhopal's tourism appeal and positioning the city as a meetings, incentives, conferences and exhibitions (MICE) destination. The project is expected to be completed within about three years.Read more

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NHAI accepts INR 6,220.90 crore NHIT bid to monetise 310 km of highway assets

19 Feb 2026

NHAI has accepted an INR 6,220.90 crore offer from National Highways Infra Trust for monetising two national highway stretches spanning over 310 kilometres in Maharashtra and Andhra Pradesh. The deal forms part of NHAI's broader asset monetisation strategy aimed at unlocking value from existing highways to fund new infrastructure projects. With this transaction, total assets monetised through NHIT have reached INR 49,858 crore, while overall monetisation during the current financial year stands at around INR 28,077 crore.Read more

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New flyover opens at Chennai's Madhya Kailash junction to ease long-standing traffic congestion

19 Feb 2026

Traffic movement at Chennai's busy Madhya Kailash junction is expected to improve following the inauguration of a new L-shaped flyover by Tamil Nadu Chief Minister M K Stalin. The project, developed by the Highways and Minor Ports Department at a cost of INR 60.68 crore, aims to address persistent congestion where Sardar Patel Road meets Rajiv Gandhi Salai. The 652-metre, two-lane, one-way flyover is designed to streamline vehicle flow towards the OMR corridor and reduce delays during peak hours.Read more

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Assam moves to add more highway emergency landing strips to strengthen strategic infrastructure

19 Feb 2026

Assam is planning to develop more highway emergency landing facilities as part of its broader effort to strengthen strategic and transport infrastructure in the Northeast. The move follows the successful operationalisation of the region's first such facility on a national highway in Dibrugarh district. State authorities have indicated that three to four more locations are being identified. These facilities are intended to support defence operations during emergencies while also improving disaster response capabilities in a state frequently affected by floods and connectivity disruptions.Read more

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BMC begins cement concretisation work on Nepean Sea Road stretch

Mumbai News Desk

19 Feb 2026

The Brihanmumbai Municipal Corporation has started cement concretisation work on a key stretch of Nepean Sea Road in south Mumbai as part of its ongoing road improvement programme. The work covers a 770-metre section between Mukesh Chowk and Priyadarshini Park and is being taken up ahead of the monsoon. Traffic diversions and partial road closures have been introduced after necessary approvals. The project forms part of the citywide cement road initiative, which has crossed over 60% overall completion.Read more

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SRA investigates alleged irregularities in Dharavi redevelopment project

19 Feb 2026

The Slum Rehabilitation Authority (SRA) has begun investigating claims of irregularities in the Dharavi Redevelopment Project (DRP), following complaints about demolished huts being re-erected and ineligible residents receiving free housing. Activists and local residents highlighted duplicated hut numbers and structures, including a temple and newly modified areas, being wrongly listed as eligible. The complaints also suggest collusion between DRP officials and recent occupants. SRA has confirmed a detailed inquiry is underway, while the developer, Navbharat Mega Developers Pvt Ltd, stated it was not involved in the original surveys conducted by Mhada.Read more

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VMRDA draft master plan outlines coastal road link to Bhogapuram airport

Visakhapatnam News Desk

19 Feb 2026

The Visakhapatnam Metropolitan Region Development Authority has proposed a coastal corridor connecting Visakhapatnam with the upcoming Bhogapuram International Airport as part of its revised draft master plan. The planned road, largely aligned along the coastline, is intended to improve regional connectivity while supporting future urban and economic expansion. The draft also incorporates long-term development proposals suggested by national policy bodies, covering tourism, IT, education, and healthcare zones. The authority has invited public feedback on the revised plan before it is finalised.Read more

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ED summons Jaypee Infratech homebuyers as NCLT steps in to address long-pending grievances

19 Feb 2026

The Enforcement Directorate has summoned several Jaypee Infratech homebuyers as part of its ongoing money laundering investigation linked to alleged diversion of funds collected for housing projects. Homebuyers have been asked to share project-related details and record statements. At the same time, the National Company Law Tribunal has set up a two-member committee to examine grievances raised by allottees and review construction progress under the approved resolution plan. These parallel developments come amid continuing delays in project completion and sustained regulatory scrutiny of the insolvency process.Read more

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Centre clears INR 913.7 crore six-lane elevated corridor over Panchaganga river near Kolhapur

19 Feb 2026

The Union government has approved an infrastructure project worth INR 913.7 crore for constructing a six-lane elevated corridor over the Panchaganga river on National Highway 48 near Kolhapur. The project is aimed at ensuring uninterrupted highway movement during seasonal flooding, which has repeatedly disrupted traffic in the region. Spanning 3.578 km, the corridor will also include service roads, upgraded junctions and railway underpasses, improving traffic flow for both long-distance highway users and local commuters in southwest Maharashtra.Read more

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Tribunal finds NHAI elevated road built on protected waterbody land in Delhi

19 Feb 2026

The National Green Tribunal has been informed that the National Highways Authority of India constructed an elevated stretch of the Urban Extension Road-II on land officially recorded as a protected waterbody in Goyla Khurd, south-west Delhi. The Delhi Wetland Authority stated that such construction is not permitted and that the Delhi Development Authority, as land owner, should have ensured protection. While the road has been completed, the land has not yet been taken back by the district administration. The tribunal has directed local authorities to prepare a revival plan and address sewage inflow into the waterbody.Read more

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Strong bidder response for NHAI's Bhubaneswar ring road project

19 Feb 2026

The National Highways Authority of India has received strong bidder participation for the 111-km, six-lane Capital Region Ring Road planned around Bhubaneswar. A total of 64 bids were submitted across three construction packages under the Hybrid Annuity Mode, indicating solid interest from infrastructure developers. The project, estimated to cost INR 8,307 crore, has most land acquisition and statutory clearances already in place, allowing NHAI to move towards awarding contracts and starting construction as scheduled.Read more

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Cabinet clears INR 1 lakh crore Urban Challenge Fund to push reform-linked city projects

19 Feb 2026

The Union Cabinet has approved a INR 1 lakh crore Urban Challenge Fund to support urban infrastructure projects through a reform-linked and market-based financing approach. The fund will provide up to 25% central support for projects that raise at least 50% of their cost from market sources, with the aim of unlocking nearly INR 4 lakh crore in overall investment over five years. A separate INR 5,000 crore credit guarantee has also been cleared to help smaller cities access loans and bonds for development works.Read more

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Gujarat to align civil aviation policy with Centre’s seaplane push and offer manufacturing incentives

19 Feb 2026

Gujarat is revising its civil aviation policy to support domestic seaplane manufacturing and operations in line with the Union government's recent initiatives. The state plans to earmark port-adjacent areas for manufacturing units and introduce incentives for local production. Feasibility studies will assess potential routes connecting Ahmedabad with Dharoi, Somnath, and Dwarka, and tenders for the suspended Ahmedabad-Ektanagar service will be reissued. The move complements the Centre's viability gap funding scheme and tourism-focused incentives, aiming to revive regional air connectivity while boosting local aerospace manufacturing capabilities.Read more

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Nashik Road-Dwarka 10-lane widening plan gains approval from commuters

19 Feb 2026

Daily travellers on the Pune highway between Nashik Road and Dwarka have welcomed a proposal to widen the key urban stretch to 10 lanes, saying it could ease persistent congestion at frequent bottlenecks such as Dwarka junction, Kathe Galli, Fame signal, Upnagar and Datta Mandir. The plan includes constructing a grade separator at Dwarka to improve traffic flow and reduce pressure on alternate routes. Commuters also raised concerns about heavy-vehicle movement and suggested a truck bypass to offer longer-term relief. Traffic officials acknowledged that current infrastructure is not sufficient for current demand.Read more

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Road ministry revises toll rules for partially open national expressways

18 Feb 2026

The Ministry of Road Transport and Highways has revised toll rules for National Expressways that are partially operational. Under the new amendment, tolls on incomplete expressway sections will be charged at standard National Highway rates instead of the usual expressway fee, which is 25% higher. This change, effective mid February, will remain valid for up to one year or until full expressway completion. Authorities aim to encourage motorists to use open stretches, reduce congestion on parallel highways, improve logistics efficiency, and make travel more economical and seamless.Read more

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Tamdeen Shopping Center begins The Farm project in Sabah Al Salem with KWD 40 million investment

18 Feb 2026

Tamdeen Real Estate has started its latest project, The Farm, in the Sabah Al Salem area of Kuwait, under the Tamdeen Shopping Center brand. Construction costs are estimated at nearly KWD 12 million, while the total project investment, including land, is around KWD 40 million. The project continues Tamdeen's strategy of developing modern retail and mixed-use spaces in strategic locations across Kuwait. With a track record of successful commercial developments, The Farm is expected to enhance shopping and leisure options in the area and strengthen the company's position in the local real estate sector.Read more

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