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

PMC proposes parallel bridge to Rajaram Bridge to ease congestion on Sinhagad Road corridor in Pune

Pune News Desk

26 Apr 2026

The Pune Municipal Corporation (PMC) has proposed constructing a new bridge parallel to the existing Rajaram Bridge to address persistent traffic congestion on Sinhagad Road. The project is currently at the feasibility stage, with consultants to be appointed for design and cost assessment. The bridge is expected to be built on the Swargate-facing side and aims to improve connectivity between Sinhagad Road and Karvenagar. The proposal comes despite recent infrastructure additions, including flyovers and an upcoming river bridge, indicating continued capacity constraints along this high-density urban corridor.Read more

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Bengaluru metro expansion to drive 5–7 msf office demand, up to 40% housing price rise across key corridors

26 Apr 2026

The expansion of Bengaluru’s metro network, particularly the operational Yellow Line and the upcoming Pink Line, is expected to significantly accelerate real estate activity across key micro-markets, according to a report by Colliers India. Improved connectivity across South and Central Bengaluru is likely to drive 5–7 million sq ft of Grade A office demand over the next two years, alongside a similar quantum of new supply. Residential markets are also set to benefit, with property prices in select localities projected to rise by up to 40% by 2027, supported by stronger accessibility and developer activity. Industrial and warehousing demand is expected to see an additional 1–2 million sq ft uptake in clusters linked to these corridors. The report highlights that metro-led infrastructure continues to play a central role in shaping Bengaluru’s urban expansion, strengthening its position as one of India’s most dynamic real estate markets.Read more

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Ganga Expressway to be launched on April 29 to boost Uttar Pradesh connectivity

26 Apr 2026

The Ganga Expressway, a 594-km access-controlled corridor connecting Meerut to Prayagraj, will be inaugurated on April 29. Developed at an estimated cost of around INR 36,000 crore, the project is expected to significantly reduce travel time and improve regional connectivity across 12 districts. With features such as an emergency airstrip, trauma centres and smart monitoring systems, the expressway is likely to support logistics, industrial activity and real estate growth along its route while strengthening Uttar Pradesh’s expanding expressway network.Read more

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FedEx completes intra-city drone delivery trials in Bengaluru with IIT Madras

26 Apr 2026

FedEx has successfully conducted India’s first intra-city drone delivery trials in Bengaluru in collaboration with IIT Madras. The trials showed that a 53 km road journey taking over an hour could be reduced to a 39–42 km aerial route, cutting delivery time to around 21 minutes. The project was carried out under the FedEx SMART Centre, focusing on improving time-sensitive logistics. The trials also operated within regulated airspace zones with approvals from DGCA, highlighting the growing role of drone technology in building faster and more efficient urban logistics systems.Read more

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Varanasi clears buildings for road expansion project

26 Apr 2026

Authorities in Varanasi carried out demolition of over 30 buildings as part of an ongoing road widening and infrastructure upgrade project aimed at easing congestion and improving connectivity. The drive forms part of a broader plan to expand key stretches into multi-lane corridors, with projects estimated at several hundred crore INR. The exercise was conducted under tight security, following earlier legal and administrative clearances. Officials indicated that the cleared land will be utilised to improve road capacity and streamline traffic movement in high-density areas. The development reflects continued urban infrastructure push in the city, although such projects also bring displacement and rehabilitation concerns into focus.Read more

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Corium Italia enters Agra with exclusive furniture showroom launch

26 Apr 2026

Corium Italia has entered the Agra market with the launch of its first showroom in the city at Vilasa Design, marking its continued expansion in India’s premium furniture segment. Originating from Florence, the brand introduced a curated range of contemporary Italian sofas emphasising craftsmanship, material quality and design-led living. The launch event attracted architects, designers and high-net-worth consumers, reflecting growing demand for luxury interiors beyond metro cities. The move aligns with increasing consumer preference for globally inspired home solutions that balance aesthetics, comfort and durability. The expansion into Agra highlights the brand’s strategy to tap emerging markets with rising demand for premium lifestyle and interior products.Read more

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Nashik civic body to inspect rainwater harvesting systems

26 Apr 2026

Nashik Municipal Corporation is set to intensify enforcement of rainwater harvesting norms across the city, with a renewed inspection drive targeting residential and commercial properties. The initiative comes ahead of the monsoon season and aims to ensure functional compliance in buildings where such systems are mandatory. Civic authorities are expected to penalise property owners with non-operational installations while also exploring incentives for compliant developments. The move reflects a broader push towards sustainable urban water management, amid concerns over groundwater depletion and recurring reliance on tanker supply despite adequate rainfall in previous seasons. The exercise is also likely to influence future regulatory enforcement and compliance standards across Maharashtra’s urban centres.Read more

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Cabinet clears INR 24,815 crore rail expansion to ease congestion in UP and Andhra Pradesh

26 Apr 2026

The Union Cabinet has approved railway expansion projects worth INR 24,815 crore to improve capacity in Uttar Pradesh and Andhra Pradesh. The projects involve adding around 601 km of railway lines through multi-tracking on two busy corridors. These routes are currently operating beyond capacity, affecting both freight and passenger movement. The expansion is expected to ease congestion, improve logistics efficiency, and support industrial activity. Executed under the PM Gati Shakti plan, the projects are targeted for completion by 2030–31 and are expected to generate employment and improve regional connectivity.Read more

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GVMC launches slum survey to drive redevelopment in Visakhapatnam

Visakhapatnam News Desk

26 Apr 2026

The Greater Visakhapatnam Municipal Corporation has initiated a comprehensive survey covering 66 slums across Visakhapatnam to assess housing conditions, infrastructure gaps, and redevelopment potential. The exercise forms part of a broader urban transformation strategy aligned with the Visakhapatnam Economic Region plan. Based on survey outcomes, slums will be categorised for either denotification or redevelopment under a public-private partnership model. Initial projects at Velampeta and Indira Nagar have already been identified, with redevelopment proposals involving multi-storey housing. The initiative also aims to institutionalise a Slum Rehabilitation Authority to streamline execution, financing, and long-term urban planning.Read more

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Savitri Cinema flyover project to begin soon to ease Outer Ring Road congestion

25 Apr 2026

Construction of a second flyover at the Savitri Cinema junction in south Delhi is set to begin soon, aimed at reducing congestion along the busy Outer Ring Road corridor. The project, along with the expansion of the Modi Mill flyover, is part of an integrated plan to enable smoother, signal-free traffic movement between key areas such as Greater Kailash, Nehru Place and Kalkaji. With a combined project cost exceeding INR 350 crore, authorities expect improved traffic flow, reduced travel time and better connectivity once both developments are completed within an estimated timeline of two to two-and-a-half years.Read more

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Inspection of LPS 2.0 survey progresses as Amaravati land pooling gains momentum

25 Apr 2026

The second phase of the Land Pooling Scheme (LPS 2.0) in Amaravati is moving ahead with on-ground inspections and surveys across key villages. Additional Commissioner A. Bhargava Teja reviewed the enjoyment survey process and interacted with farmers, who shared positive feedback on benefits such as annual rent, loan waivers, and rent revisions. Officials confirmed that annual rent payments for LPS 2.0 participants are scheduled to begin from May 2026. The visit also involved senior officials from APCRDA’s land and survey departments, reflecting continued administrative focus on timely execution of the capital city development framework.Read more

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Waa Solar signs long-term deal to supply 48.15 MW power in Madhya Pradesh

25 Apr 2026

Waa Solar has entered into multiple power purchase agreements with Madhya Pradesh Power Management Company Limited to supply 48.15 MW of solar power. The agreements, signed recently, involve a tariff range of INR 2.73 to INR 2.75 per unit and will remain valid for 25 years. The company will develop and operate solar projects to meet the contracted capacity. This move aligns with the state’s push toward renewable energy adoption and strengthens Waa Solar’s position in India’s growing solar power market.Read more

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Global coalition formed to set sustainability benchmarks for AI-driven data centres amid rising energy and water concerns

25 Apr 2026

Nine international organisations, including U.S. Green Building Council and Indian Green Building Council, have launched the Greening AI Data Centers Coalition (GADCC) during the past week to establish global sustainability standards for data centre development. The initiative aims to address environmental challenges linked to rapid growth in AI infrastructure, particularly rising electricity and water consumption. With data centres currently accounting for 1.5–2% of global electricity demand and projected to expand sharply by 2030, the coalition will develop common performance benchmarks and support green finance instruments. The move reflects increasing scrutiny on digital infrastructure within the built environment, with a focus on aligning expansion with climate goals, resource efficiency, and community impact.Read more

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Centre approves INR 139 crore four-lane cement concrete road beneath Hubballi flyover to improve urban traffic flow

25 Apr 2026

The Union government has approved an INR 139 crore project to construct a four-lane cement concrete road beneath an under-construction flyover in Hubballi, Karnataka. The proposal involves upgrading a key urban stretch with a more durable concrete surface, replacing the earlier asphalt plan. Spanning approximately 3.5 km, the project aims to address traffic congestion and improve road conditions in a high-density corridor affected by ongoing flyover works. The revised plan reflects increased project costs and design changes intended to enhance longevity, reduce maintenance requirements, and support smoother vehicular movement in the city.Read more

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CCEA approves INR 14,926 crore Ghaziabad–Sitapur rail expansion to add third and fourth lines on 403 km corridor

25 Apr 2026

The Cabinet Committee on Economic Affairs (CCEA) has approved an INR 14,926 crore rail expansion project to add third and fourth lines on the 403 km Ghaziabad–Sitapur corridor in Uttar Pradesh. The project, part of a broader INR 24,815 crore multi-tracking package, aims to ease congestion on a high-density route within the Delhi–Guwahati network. Covering multiple industrial districts, the expansion is expected to enhance passenger and freight movement, improve logistics efficiency, and support regional economic activity. The project will be implemented under the PM Gati Shakti framework with completion targeted in the coming years.Read more

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Bhopal Metro plans traffic overhaul at key station zones to ease congestion and improve access

25 Apr 2026

Authorities are preparing a comprehensive traffic management overhaul around key Bhopal Metro station zones to address congestion and improve last-mile connectivity. The plan targets high-density corridors across the Orange and Blue lines, including MP Nagar, Jawahar Chowk and Nadra Bus Stand, where metro construction and limited road capacity have disrupted traffic flow. Measures include road widening, signal optimisation, pedestrian infrastructure upgrades and designated drop-off zones. With funding of around INR 30 crore proposed for road works, the initiative aims to integrate metro operations with city traffic systems and improve commuter movement across key transit nodes.Read more

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Telangana set to move ahead with Warangal airport project

25 Apr 2026

The Telangana government is set to take forward the Warangal airport project, with key groundwork now in place. A large portion of land has already been acquired and handed over, and financial approvals have been cleared in phases to support the process. The project, which faced delays earlier due to land and regulatory issues, has now received necessary clearances. Planned infrastructure includes a runway and terminal to handle regional flights. Once completed, the airport is expected to improve connectivity and support industrial and logistics growth in north Telangana.Read more

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Experts call for planned, fire-safe slum housing after Lucknow blaze leaves over 1,000 homeless

Lucknow News Desk

25 Apr 2026

A recent fire in Lucknow that destroyed over 280 shanties and displaced more than 1,000 residents has prompted urban planners and housing experts to call for structured, fire-resilient slum redevelopment. The incident, intensified by multiple LPG cylinder explosions, exposed vulnerabilities in informal settlements built with flammable materials and lacking basic infrastructure. Experts have recommended in-situ redevelopment, use of safer construction materials, and planned layouts with firebreaks to reduce risks. The development has renewed focus on integrating informal housing into formal urban planning frameworks while ensuring livelihood continuity for low-income residents.Read more

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MIC Electronics secures Central Railway contract, expands Southern Railway project to INR 6.76 crore

25 Apr 2026

MIC Electronics has secured a new railway contract from Central Railway and expanded an ongoing project with Southern Railway, strengthening its presence in station modernisation initiatives. The Central Railway order, valued at over INR 1.12 crore, involves deployment of telecom and passenger information systems at Wardha station. Separately, the company’s Salem Division project under the Amrit Bharat Station Scheme has been expanded, increasing its value to approximately INR 6.76 crore. The projects include installation of digital display systems and communication infrastructure aimed at improving real-time passenger information across stations.Read more

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Supreme Court issues contempt notice over unauthorised constructions in Gurugram, seeks responses

Gurugram News Desk

25 Apr 2026

The Supreme Court of India has issued a contempt notice in a case related to unauthorised constructions in Gurugram, seeking responses from concerned parties over alleged non-compliance with earlier directions. The matter pertains to violations on a land parcel in Chakkarpur village and follows a prior ruling linked to illegal developments. The court has directed respondents to file replies within a stipulated timeline. The development highlights continued judicial scrutiny of building violations in Gurugram, where enforcement and compliance issues have remained under focus across residential and mixed-use areas.Read more

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