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

Madurai road repair project under TURIP remains half complete as delays push deadline to May

04 Apr 2026

Madurai's INR 100 crore road repair programme under the Tamil Nadu Urban Roads Infrastructure Project (TURIP) has reached only about 50% completion, with delays attributed to logistical constraints and the need to redo underground drainage (UGD) pipelines. The project, launched earlier this year to restore roads damaged during sewer infrastructure works, was initially scheduled for completion by mid-February. However, repeated relaying of faulty pipelines has led to re-damage of repaired stretches, extending timelines to May. Residents have also raised concerns over the quality of completed roads, citing early deterioration and potholes. The civic body has stated that repairs will continue without budget escalation and additional resurfacing will be undertaken where required.Read more

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Mumbai residents and businesses face prolonged delays in piped gas connections

Mumbai News Desk

04 Apr 2026

Several housing societies and bakeries in Mumbai's Sakinaka area have been waiting for Piped Natural Gas (PNG) connections for over a decade, despite pipelines being installed years ago. Societies like Shiv Prabha, Shiv Prerna, Dhanlaxmi, and Anna Sagar, covering around 500 households, are still awaiting supply due to pending technical feasibility and connection issues. Local bakeries that invested INR 25,000 or more for connections are also affected. Senior citizens face difficulties managing LPG cylinders, highlighting the gap between policy initiatives promoting PNG and actual service delivery.Read more

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Delhi authorities plan feasibility study for 900-metre road beneath metro viaduct to ease congestion

Delhi News Desk

04 Apr 2026

Authorities in Delhi are planning a feasibility study for constructing a 900-metre road beneath an existing metro viaduct to improve traffic movement and optimise underutilised urban space. The proposal, initiated in the past week, involves coordination between the Delhi Metro Rail Corporation (DMRC), Public Works Department (PWD), and other civic agencies. The stretch is expected to enhance connectivity and decongest key corridors by formalising road infrastructure below elevated metro lines. Officials indicated that the study will assess structural safety, alignment feasibility, and integration with existing road networks. The initiative reflects a broader push to utilise land beneath metro infrastructure for transport and public use, particularly in densely built urban areas with limited land availability.Read more

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Mumbai’s Orange Gate–Marine Drive tunnel starts main drive, marking key milestone in underground mobility

04 Apr 2026

Mumbai's Orange Gate Marine Drive Road Tunnel has entered the main tunnelling phase, marking a major advancement in the city's underground mobility network. Using India's largest slurry shield TBM for urban roads, the first tunnel stretches 3.45 km, reaching depths of 52 metres and passing safely under major railway and metro lines. The project aims to reduce travel time between Orange Gate and Marine Drive to five minutes, integrate with the Coastal Road and Atal Setu, and ease congestion while cutting fuel use and emissions. Construction has already seen key technical milestones successfully achieved.Read more

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ChargeZone plans over 1,000 EV charging stations along highways by FY27 under franchise-led model

04 Apr 2026

ChargeZone has announced plans to deploy more than 1,000 electric vehicle (EV) supercharging stations across key national highway corridors by FY27, targeting long-distance and intercity mobility demand. The rollout will follow a dealer-owned, company-operated (DOCO) model, enabling private investors and landowners to fund infrastructure while the company manages operations. The stations will have capacities ranging from 500 kW to 1.5 MW, catering to both passenger vehicles and commercial fleets. The expansion will cover major routes such as Delhi-Mumbai, Bengaluru-Hyderabad, and Mumbai-Hyderabad, supported by a financing partnership with State Bank of India. The initiative aligns with India's broader push to strengthen EV infrastructure beyond urban centres.Read more

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Delhi LG directs MCD to curb fresh waste inflow at Bhalswa landfill amid ongoing cleanup efforts

Delhi News Desk

04 Apr 2026

Delhi Lieutenant Governor Taranjit Singh Sandhu has directed the Municipal Corporation of Delhi (MCD) to address the continuous inflow of fresh waste at the Bhalswa landfill, while reviewing ongoing bioremediation work at the site. The intervention comes as authorities attempt to accelerate the clearance of legacy waste and flatten one of the capital's largest landfill mounds. Officials highlighted that despite progress in waste processing, thousands of tonnes of fresh waste continue to be dumped daily, affecting remediation timelines. The directive also includes adopting improved waste segregation practices, deploying advanced technologies, and strengthening fire prevention measures, reflecting a renewed focus on achieving landfill clearance targets within defined timelines.Read more

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AAI eases height norms with case-by-case approvals for Mumbai redevelopment

03 Apr 2026

The Airports Authority of India has introduced a case-by-case system for granting height clearances in Mumbai, especially in areas affected by aviation-related restrictions near Juhu. The move aims to unlock stalled redevelopment projects that had become financially unviable due to reduced permissible heights. A regional committee will now review individual proposals while ensuring aviation safety. The decision is expected to support redevelopment of old buildings, including MHADA and slum rehabilitation projects, where higher FSI is critical for project feasibility and execution.Read more

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Premier Energies commissions 5.6 GW solar module facility in Telangana, expands capacity

03 Apr 2026

Premier Energies has operationalised a 5.6 GW solar module manufacturing facility in Telangana, increasing its total module capacity to around 11.1 GW. The plant, spread over 75 acres, has begun trial production and uses advanced automation, including AI-based quality systems and zero busbar technology. The facility is expected to create about 2,000 jobs and cater to both domestic and export demand. This expansion is part of the company's larger INR 12,500 crore investment plan to build an integrated solar manufacturing ecosystem in India.Read more

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Inox Clean Energy completes INR 5,000 crore acquisition of Vibrant Energy

03 Apr 2026

Inox Clean Energy has completed the acquisition of Vibrant Energy at an enterprise value of INR 5,000 crore, strengthening its position in India's renewable energy sector. The deal was closed within four months despite challenging global M&A conditions. Vibrant brings a diversified portfolio of 1,337 MW across multiple states and long-term power purchase agreements with leading global and domestic companies. The acquisition supports Inox Clean's strategy to expand its integrated renewable platform and move towards its target of achieving 10 GW installed independent power producer capacity by FY28.Read more

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Rajasthan gets INR 81.12 crore approval to expand EV charging network across cities and highways

03 Apr 2026

The Centre has approved INR 81.12 crore to expand electric vehicle charging infrastructure in Rajasthan, supporting the state's push towards cleaner mobility. The plan includes setting up 591 charging stations across 262 locations in Jaipur, Ajmer, Udaipur, and Kota, along with key highways. Implemented under the Prime Minister's e-Drive scheme, the project aims to improve accessibility, enable long-distance EV travel, and strengthen the overall ecosystem. The move is also expected to reduce carbon emissions and accelerate the adoption of electric vehicles across urban and intercity routes.Read more

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Airtel’s Nxtra raises USD 1 billion to scale AI-driven data centre capacity

03 Apr 2026

Bharti Airtel's data centre arm Nxtra Data has secured USD 1 billion in funding from global investors including Alpha Wave Global, Carlyle, and Anchorage Capital, along with Airtel's participation. The deal values the company at around USD 3.1 billion. The investment will support expansion of its data centre capacity and AI-led infrastructure across India. With an existing capacity of about 300 MW, Nxtra aims to scale up to nearly 1 GW. The funding comes amid strong demand driven by cloud adoption, AI workloads, and enterprise digital growth.Read more

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MMRDA explores collaboration with Germany on urban transport and infrastructure

03 Apr 2026

The Mumbai Metropolitan Region Development Authority recently held discussions with Germany's Consul General in Mumbai to explore collaboration in urban infrastructure and transport. The meeting focused on metro rail development, multimodal integration, and adopting global best practices. Both sides highlighted the need for sustainable and efficient urban planning as cities expand. The interaction reflects a continued effort to strengthen Indo-German ties in infrastructure development, with a focus on innovation and long-term urban mobility solutions across the Mumbai Metropolitan Region.Read more

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Gujarat approves INR 3,440 crore rural road resurfacing programme covering 5,700 km across 33 districts

03 Apr 2026

The Gujarat government has approved road resurfacing and quality improvement works worth INR 3,440 crore to upgrade rural connectivity across the state. The programme will cover around 5,700 km of non-planned roads through 2,342 projects spanning 33 districts, accounting for nearly 67% of such road networks. The initiative focuses on improving travel safety and efficiency in remote villages while introducing performance-based contracting models. Under the plan, projects will be executed through Output and Performance-Based Contracts (OPRC) and Performance-Based Maintenance Contracts (PBMC), with extended maintenance responsibilities. The move reflects a shift towards lifecycle-based infrastructure management, aimed at enhancing durability, reducing repair frequency, and improving accountability in road maintenance.Read more

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Jammu and Srinagar metro projects move closer as Centre reviews proposals

03 Apr 2026

Metro rail projects proposed for Jammu and Srinagar are currently under review by the central government after detailed project reports were submitted. Prepared by RITES Ltd., the plans cover route alignment, ridership projections, land requirements and financial viability. The Jammu corridor between Bantalab and Bari Brahmana is expected to see strong passenger demand in the coming years. Similar groundwork has been completed for Srinagar. The projects are part of long-term efforts to improve urban transport in the region, though final approval is still awaited.Read more

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India’s real estate evolution highlights trust, sustainability, and long-term growth

03 Apr 2026

India's real estate sector has transformed from an unregulated market in the 1990s to a structured and accountable industry. NBR Group, led by N. Nagabushana Reddy, played a vital role in building trust through transparent documentation and disciplined project delivery, particularly in Bengaluru's Sarjapur Road and Gunjur corridors. Modern developments now emphasize sustainability, green spaces, and livable designs while integrating technology for transparency. The sector increasingly aligns with national growth objectives, focusing on employment, connectivity, and urban planning. Recognition at global forums highlights India's shift toward ethical, responsible, and long-term real estate practices.Read more

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Thiruvananthapuram Neopolis IT township faces delay as Centre expands scheme to 100 cities

03 Apr 2026

The proposed Neopolis IT township in Thiruvananthapuram is facing delays after the Union government initiated a major revision of the programme by expanding its scope from 10 to nearly 100 cities nationwide. The project, which had received in-principle approval in late 2024, is planned at Technopark Phase IV and forms part of the Outer Area Growth Corridor (OAGC) strategy. Authorities have been asked to reassess proposals in line with revised guidelines, including reconsideration of Kannur, which was earlier excluded. The development is envisaged as an integrated IT-led township combining office, residential, and commercial infrastructure. The revised national framework has introduced uncertainty in timelines while placing all shortlisted projects under fresh evaluation.Read more

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South Mumbai residents push for additional coastal road exit amid congestion at Breach Candy interchange

Mumbai News Desk

03 Apr 2026

A traffic bottleneck at the Breach Candy exit of Mumbai's Coastal Road has triggered a citizen-led campaign demanding additional exit infrastructure to ease congestion in South Mumbai. The issue has emerged in the past week as residents highlighted that while the arterial road has reduced travel time significantly along the main corridor, the absence of a planned exit at Nepeansea Road has resulted in severe delays at the final stretch. Commuters report that a 300-metre segment near the exit can take up to 20-25 minutes during peak hours. The campaign, titled Unlock the Exit, is advocating for the reinstatement of a previously proposed exit, citing technical feasibility and the need for improved last-mile connectivity within dense urban neighbourhoods.Read more

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South Western Railway introduces modern LHB coaches on key routes to improve passenger comfort

03 Apr 2026

South Western Railway (SWR) has introduced modern Linke Hofmann Busch (LHB) coaches on five short-distance train services, replacing older conventional rakes to improve passenger comfort and safety. The rollout, implemented in the past week, covers three Mysuru-bound trains, one service to Dharwad, and an intercity train to Talguppa. The upgraded coaches are designed for speeds of up to 160-180 kmph and include features such as charging points, tray tables, modular switches, and improved window systems. However, the transition has reduced the total coach count from 21 to 19, raising concerns over capacity. Passenger feedback has also pointed to limited seat recline in second-sitting coaches, highlighting trade-offs in the modernisation effort.Read more

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Nirbhaya Fund supports women’s safety infrastructure across Namo Bharat RRTS stations

03 Apr 2026

Women's safety measures at Namo Bharat Regional Rapid Transit System (RRTS) stations have been strengthened through funding from the Nirbhaya Fund, with multiple initiatives implemented across operational corridors. The measures, introduced in the past week, include dedicated women help desks, enhanced surveillance systems, well-lit station premises, and deployment of trained security personnel. The initiative is being implemented by the National Capital Region Transport Corporation (NCRTC) as part of its broader passenger safety framework. The focus is on ensuring safe access, transit, and exit for women commuters across stations and trains. These interventions are aligned with national efforts to integrate gender-sensitive infrastructure into urban transport systems and improve safety standards in high-capacity transit networks.Read more

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Centre extends PM KUSUM project deadline to March 2027 to address financing and execution delays

03 Apr 2026

The Ministry of New and Renewable Energy (MNRE) has extended the commissioning deadline for select projects under the PM KUSUM scheme to March 31, 2027, offering relief to solar developers and state agencies facing delays. The decision applies to projects where power purchase agreements or letters of intent were issued by the end of 2025. The extension follows concerns over slow financial closure, with banks showing limited lending appetite under earlier timelines. States have been directed to coordinate with financial institutions to expedite funding. The scheme, aimed at decentralised solar generation for the agricultural sector, continues to see uneven implementation across regions, prompting revised timelines and discussions around a successor framework under PM KUSUM 2.0.Read more

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