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

Mumbai’s PAP housing shortage slows pace of infrastructure projects

Mumbai News Desk

07 Apr 2026

Mumbai is facing a significant shortage of housing for project-affected persons (PAPs), which is impacting the pace of infrastructure development. The civic body requires nearly 75,000 rehabilitation units but has access to only about 8,000, creating a large gap. Policy tools like TDR have not fully translated into adequate housing supply, while concerns over misuse and delays persist. Authorities are now considering converting SRA transit camps into permanent units and have formed a coordination committee to address the issue and improve execution.Read more

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South Central Railway plans INR 13,000 crore investment to boost capacity and reduce congestion

07 Apr 2026

South Central Railway has planned a capital outlay of INR 13,026 crore for FY27, marking an 18.3 per cent rise over the previous year. The investment will focus on track doubling, new lines, renewals, and safety works to address rising congestion across key routes. The zone recorded steady progress in FY26 with 194 km of track additions and electrification of 325 km. Ongoing projects, including the third line on a key trunk route, are expected to improve freight and passenger movement and strengthen connectivity across regions.Read more

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Mumbai’s Elphinstone bridge removed, double-decker connector project to move ahead

07 Apr 2026

Mumbai's Elphinstone Road overbridge, a key link between Parel and Prabhadevi, has been completely demolished to make way for a new double-decker road overbridge. The project is part of a larger plan to expand suburban railway capacity and improve east-west connectivity in central Mumbai. The ageing bridge, which had been shut for redevelopment, was dismantled through carefully planned railway blocks with minimal disruption. The upcoming structure, linked to the Sewri-Worli Elevated Connector, is expected to ease congestion, improve safety, and support growing traffic demand in the area.Read more

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Over 18 lakh kanals of land remain under encroachment in Jammu and Kashmir as eviction efforts continue

07 Apr 2026

Jammu and Kashmir continues to face large-scale land encroachment, with over 18.38 lakh kanals reported under illegal occupation across state and forest land. While authorities have started eviction drives and recovered a small portion, the overall progress remains limited compared to the total encroached area. District-wise data shows widespread impact across both Jammu and Kashmir divisions. The government is using legal action, joint enforcement drives and technology-based surveys to address the issue, while the High Court continues to monitor the situation through ongoing proceedings.Read more

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Punjab speeds up urban projects, reintroduces OTS scheme with 50% rebate

07 Apr 2026

The Punjab government is accelerating urban infrastructure development through policy changes, improved services, and large-scale investments. The One Time Settlement (OTS) scheme for Improvement Trusts has been reintroduced until April 30, 2026, offering around 50 per cent rebate on non-construction fees. House tax collection has increased to INR 600 crore, reflecting better compliance. Key projects include construction of over 2,100 km of roads, expansion of sewerage and water infrastructure, and modernisation of fire services. Measures such as a simplified building approval process and a single-window system aim to improve ease of doing business across urban areas.Read more

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Karnataka seeks express train between Bengaluru and Vijayapura after rail upgrade

07 Apr 2026

Karnataka's Infrastructure Development Minister M B Patil has urged the Union government to introduce a direct express train between Bengaluru and Vijayapura, citing improved rail infrastructure and long-standing regional demand. The request follows the completion of a 9.6 km double-line railway section between Alamatti and Wandal, part of the Gadag Hotgi project, which has enhanced route capacity. The proposed service is expected to reduce travel time significantly and improve connectivity for passengers travelling between north Karnataka and the state capital. The minister has written to the Railway Ministry seeking priority for the proposal, highlighting its potential to support mobility for business, education, and administrative purposes.Read more

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Adani backs Uttar Pradesh's USD 1 trillion economic roadmap after meeting CM Yogi Adityanath

07 Apr 2026

Industrialist Gautam Adani met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow and expressed strong support for the state's long-term economic vision. The roadmap aims to transform Uttar Pradesh into a USD 1 trillion economy by 2030 and expand it to USD 6 trillion by 2047. Adani highlighted the scale and intent of the plan, stating that it reflects the state's potential. The Adani Group has committed to contributing through investments across sectors such as power, infrastructure, logistics, airports, defence, industrial parks, and data centres.Read more

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Goa plans NH 4A upgrade through Mollem despite wildlife and tree loss fears

07 Apr 2026

The Goa government is moving ahead with plans to widen a 33 km stretch of National Highway 4A through Mollem to improve connectivity between Goa and Karnataka. The project, currently under regulatory review, includes preparation of a detailed report and environmental approvals. A major concern is that the expansion passes through the Bhagwan Mahaveer Wildlife Sanctuary, potentially impacting forest cover and wildlife, with around 7,000 trees expected to be affected. The proposal has faced ongoing opposition from local communities and environmental groups, even as authorities position it as a key infrastructure upgrade to ease traffic, reduce travel time and support regional economic activity.Read more

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Government hits 100 percent capex target in roads and railways for FY26

06 Apr 2026

The Ministries of Road Transport and Highways and Railways have achieved full utilisation of their FY26 capital expenditure, highlighting strong infrastructure spending and project execution in India. This reflects the government's focus on improving connectivity, logistics and economic growth through sustained investment. Indian Railways recorded high passenger and freight volumes, along with increased passenger revenue, while continuing capacity expansion through special train operations. On the roads front, highway development and network expansion remained a priority. The milestone indicates steady progress in large-scale infrastructure projects, supporting job creation, regional connectivity and overall economic development across the country.Read more

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HBL Engineering wins INR 800 crore Kavach safety contract from Indian Railways

06 Apr 2026

HBL Engineering Limited has secured an INR 800.36 crore contract from Banaras Locomotive Works to supply, install and commission onboard Kavach 4.0 systems for Indian Railways. The indigenous automatic train protection technology is designed to improve rail safety by preventing overspeeding, signal violations and collisions. The project will be executed over 12 months and forms part of Indian Railways broader push to upgrade safety infrastructure across its network. This order strengthens HBL's growing presence in railway safety systems, driven by rising demand for Kavach deployment as the sector focuses on modernisation, automation and improved operational reliability.Read more

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J&K revives 120 year old Mohra hydropower project to boost energy supply

06 Apr 2026

The Jammu and Kashmir administration has begun reviving the historic Mohra Hydroelectric Power Project in Baramulla to boost local power generation and reduce dependence on external supply. Originally commissioned in 1905, the project once generated up to 10.5 MW before becoming defunct after flood damage in 1992. The restoration will include infrastructure upgrades while preserving key heritage features. This initiative aligns with the region's broader plan to expand hydropower capacity to 11,000 MW by 2035. Alongside major projects, the revival of Mohra highlights efforts to utilise existing assets, improve energy reliability and support long-term infrastructure development in the Union Territory.Read more

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TVS Industrial & Logistics Parks signs INR 200 crore MoU with Karnataka to expand tech-enabled industrial infrastructure

06 Apr 2026

TVS Industrial & Logistics Parks (TVS ILP) has entered into a memorandum of understanding with the Karnataka government to invest INR 200 crore in developing industrial and logistics parks across the state. The agreement, formalised recently at an investment conclave in Bengaluru, focuses on creating technology-enabled facilities catering to sectors such as manufacturing, e-commerce, and third-party logistics. The company, which already operates 14 parks in South India, aims to expand its regional footprint through this investment. The development comes amid sustained growth in India's industrial and logistics real estate sector, where leasing activity has recorded double-digit annual growth, driven primarily by manufacturing demand and supply chain expansion across major and emerging markets.Read more

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Infrastructure sector central to India’s long-term growth and 2047 vision, says IIFCL at stakeholder meet

06 Apr 2026

India Infrastructure Finance Company Ltd (IIFCL) has highlighted the critical role of the infrastructure sector in sustaining long-term economic growth and achieving the Viksit Bharat 2047 vision. Addressing a stakeholder meeting attended by over 100 participants from across the infrastructure and financial ecosystem, senior officials pointed to expanding opportunities in transport, urban infrastructure, and clean energy, supported by a strong project pipeline and policy backing. The institution emphasised its focus on diversified and sustainable financing, including ESG-aligned investments and global partnerships. Discussions also centred on the need for innovative funding structures and greater capital market participation to support the next phase of infrastructure development in India.Read more

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Ceigall India signs 15 PPAs for 130 MW solar project in Madhya Pradesh

06 Apr 2026

Ceigall India has secured 15 power purchase agreements through its subsidiary to supply electricity from a 130 MW solar project in Madhya Pradesh under the Surya Mitra Krishi Feeder Yojana. The project will provide daytime power to the agricultural sector and support clean energy goals. With an EPC cost of around INR 572 crore, the project will be executed within 12 months and operated for 25 years at a tariff of INR 2.85 per unit. This marks the company's entry into solar energy alongside its infrastructure business.Read more

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IIFCL plans to raise up to USD 1 billion via MIGA-backed route to fund long-term infrastructure projects

06 Apr 2026

India Infrastructure Finance Company Ltd (IIFCL) is planning to mobilise up to USD 1 billion in long-term commercial debt during the ongoing quarter through a guarantee structure supported by the Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group. The proposed fundraising, currently under approval, will not carry a sovereign guarantee and is intended to reduce pressure on the public exchequer while supporting infrastructure financing. The state-owned lender is in advanced discussions with global banks for a 15-year tenure borrowing. The move follows IIFCL's recent overseas fundraising success, including a USD 500 million issue from Japan. The company continues to strengthen its balance sheet, reporting improved profitability and maintaining low non-performing assets.Read more

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BMC’s smart parking project set to transform city commuting

Mumbai News Desk

06 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) is moving forward with its smart parking project, nearly six years after it was first proposed. The initiative aims to consolidate all public and private parking spaces into a single digital platform accessible via a mobile app or web portal, allowing motorists to view and reserve parking slots in advance. With over 350 on street and 26 off street parking locations, the system also plans to include residential associations spaces during daytime. The project has an initial budget of INR 3 crore and is expected to ease parking shortages and traffic congestion across Mumbai.Read more

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Indian Railways transports record 1,670 million tonnes of cargo

06 Apr 2026

Indian Railways transported 1,670 million tonnes of cargo in the recently concluded financial year, achieving a 3.25% rise over the previous year. Growth was driven primarily by fertilisers, pig iron, and finished steel, along with increased shipments of iron ore and cement. The number of wagons handled also increased by 4.56%, reflecting improved operational efficiency and capacity. Several zones, including South Western, North Central, East Coast, and West Central Railways, reported strong double-digit growth. The performance underscores railways crucial role in supporting industrial activity and bulk commodity logistics across India.Read more

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M3M India launches INR 14,500 crore programme to accelerate construction across 45 million sq ft portfolio

06 Apr 2026

M3M India has announced a construction acceleration programme with an investment outlay of INR 14,500 crore to expedite delivery across its 45 million sq ft under-development portfolio. The initiative, funded entirely through internal accruals and working capital, will maintain the company's zero-debt position. As part of the plan, around 7.8 million sq ft has been prioritised for completion by FY27, spanning premium residential and mixed-use commercial developments, largely in Gurugram. Key projects include M3M Capital 113 and M3M Antalya Hills 79, alongside commercial assets such as M3M Paragon 57. The phased delivery pipeline is expected to extend over the next few years, with a focus on improving execution timelines and project completion rates.Read more

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HYDRAA clears encroachments from 8.24-acre lake in Hyderabad as part of wider asset protection drive

Hyderabad News Desk

06 Apr 2026

The Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) has cleared encroachments from an 8.24-acre lake in Manchirevula, Gandipet, as part of an ongoing enforcement drive across Hyderabad's urban region. The operation involved removal of illegal structures erected by private entities, including boundary walls and temporary constructions on the lake bed. Parallel actions were undertaken in Bowrampet, Avushapur, and Jubilee Hills, targeting encroachments on roads, park land, and stormwater drains. The agency's actions follow complaints and field inspections, with a focus on restoring water bodies and public land. The drive forms part of broader efforts to address urban encroachments affecting drainage systems, infrastructure, and land use compliance in the city.Read more

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Delhi airport may face INR 344 crore revenue loss due to curbs on retail and food services

Delhi News Desk

06 Apr 2026

Delhi International Airport Limited (DIAL) has indicated that recent restrictions on duty-free access, food delivery services, and mobile retail carts could lead to an estimated annual revenue loss of around INR 344 crore. These curbs, introduced on security grounds, are expected to impact non-aeronautical revenue streams, which play a key role in airport earnings. The operator has flagged that reduced commercial income may eventually affect passenger charges. It has urged the government to review the measures, highlighting both financial and passenger convenience concerns.Read more

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