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

Mumbadevi robotic parking tower work halted as contractor sues BMC for INR 55 crore

Mumbai News Desk

09 Feb 2026

The robotic parking tower near Mumbai's Mumbadevi temple, planned at INR 122 crore for 600 vehicles, remains stalled due to heritage and aesthetics concerns raised in mid 2024. The contractor, M/s SMS Limited, has issued a legal notice to the BMC seeking INR 55 crore in damages, citing unjustified suspension and mounting costs. BMC officials maintain that the project had no irregularities and warned of rising expenses, while local traders stress the need for the facility. The dispute highlights tensions between urban development and cultural preservation.Read more

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MHADA moves ahead with redevelopment of four unsafe transit buildings in Sion's Pratiksha Nagar

09 Feb 2026

The Maharashtra Housing and Area Development Authority has approved the redevelopment of four structurally unsafe transit buildings in Sion's Pratiksha Nagar, affecting 261 resident families and four commercial units. The decision follows a structural audit by IIT Bombay that recommended complete reconstruction. MHADA has scrapped an earlier plan to build middle-income group sale housing at the site and will instead construct two high-rise transit buildings with 322 tenements. Residents will be shifted to temporary accommodation with rent support during construction, which is expected to take at least two years.Read more

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Footbridge linking Ghaziabad RRTS and Metro station opens to enhance commuter connectivity

Ghaziabad News Desk

09 Feb 2026

A new foot overbridge has been inaugurated in Ghaziabad, providing a seamless connection between the Regional Rapid Transit System (RRTS) station and the Shaheed Sthal New Bus Adda metro station on the Delhi Metro's Red Line, officials said. The bridge allows commuters to switch between the high-speed regional rail service and the metro without leaving station premises, significantly reducing transfer times and easing congestion in one of the region's busiest transport corridors. At around 300 metres long and 6.5 metres wide, the structure links the Namo Bharat RRTS station directly with the metro concourse, improving last-mile connectivity for daily travellers. The Ghaziabad RRTS station is also expected to serve as a key transit hub for future rapid rail connections to the upcoming Noida International Airport.Read more

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Kerala agrees to fund half of Sabari railway project cost

09 Feb 2026

The Kerala government has decided to bear 50 per cent of the cost of the long-pending Angamaly Erumely Sabari railway project, committing INR 1,900 crore through the Kerala Infrastructure Investment Fund Board. The decision aims to remove funding bottlenecks that have delayed the project for over two decades. The 110 km rail line is intended to improve connectivity to Sabarimala and support development in central and southern districts of the state. The total project cost is now estimated at INR 3,800.9 crore.Read more

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Delhi Metro plans AI-led system to improve execution and oversight of metro projects

09 Feb 2026

The Delhi Metro Rail Corporation has initiated a process to develop an AI-driven project management system aimed at improving planning, monitoring and execution of metro infrastructure works. The system will rely on historical project data to predict delays, optimise schedules and monitor compliance through automated checks. DMRC has invited startups to jointly develop the platform under a shared-cost model, with incentives of INR 20 lakh and shared intellectual property rights. Proposals are being evaluated, with deployment planned in phases after development and testing.Read more

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J&K government expands RTC fleet to strengthen passenger and cargo transport services

09 Feb 2026

The Jammu and Kashmir government has expanded the fleet of the Jammu & Kashmir Road Transport Corporation (RTC) to improve passenger connectivity and cargo movement across the region. The initiative includes the addition of buses, e-buses and cargo trucks, along with special bus services to major religious destinations across India. Officials said the move is aimed at improving affordability, strengthening inter-state connectivity and improving RTC's financial position. The government has also underlined the need for reliable services, timely salaries for staff and sustainable revenue growth through passenger and logistics operations.Read more

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Adani Group among five bidders for Mumbai marina development

09 Feb 2026

The Mumbai Port Authority (MbPA) has received bids from five companies, including the Adani Group's Cemindia Projects Ltd and Larsen & Toubro, for the development of a marina at Cross Island, off the Gateway of India. The INR 887 crore project, partially funded by MbPA with an investment of INR 470 crore, will include docking facilities, yacht maintenance services, fuel supply, and protection against weather. Onshore, a 4.2-hectare land parcel will house a 322-room five-star hotel, a club, a sailing school, restaurants, a business centre, and parking for 780 vehicles.Read more

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APM Terminals Mumbai posts record throughput of 2,11,846 TEUs in January 2026

Mumbai News Desk

09 Feb 2026

APM Terminals Mumbai reported a record container throughput of 2,11,846 TEUs in January 2026, marking the highest monthly performance in the terminal's history, according to port officials. The milestone eclipsed previous monthly figures and was driven by strong export and import demand, particularly from sectors such as automotive, engineering goods and consumer products. Productivity gains, including faster vessel turnaround and improved yard handling, were cited as key operational contributors. The terminal also continued to support increasing transhipment flows, with enhanced rail connectivity further boosting hinterland movement. The record performance reflects broader resilience in India's containerised trade, while underscoring Mumbai's strategic importance as a gateway for international cargo and a critical node for supply chain efficiency in the region.Read more

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GMDA to complete stormwater drain in sectors 62–65 to end chronic waterlogging

09 Feb 2026

The Greater Mohali Development Authority (GMDA) has announced plans to complete a long-pending stormwater drainage project in sectors 62 to 65 to resolve recurring waterlogging during monsoon and heavy rainfall events. The authority said the unfinished drain, originally part of the town planning scheme, had been stalled due to land acquisition delays and funding issues. Once completed, the drain is expected to channel excess surface runoff efficiently into nearby water bodies, reducing flooding on internal roads, residential areas and commercial hubs in the affected sectors. GMDA has issued tenders and is finalising contracts to expedite the remaining works, with construction set to begin shortly and phased completion targeted over the coming months. The project is part of broader efforts to strengthen urban infrastructure and enhance liveability in the rapidly growing satellite city adjacent to Chandigarh.Read more

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TCI posts double-digit profit growth in December quarter on festive demand and higher volumes

09 Feb 2026

Transport Corporation of India reported a 10.4 per cent increase in standalone profit after tax to INR 130.5 crore for the December 2025 quarter, supported by festive-led demand and higher freight volumes. Revenue rose 9.3 per cent year-on-year to INR 1,113.2 crore. Automotive, FMCG, pharmaceuticals and e-commerce drove growth, aided by record road and rail volumes and improved warehousing utilisation. While part of the momentum was seasonal and inventory-driven, the company continued to strengthen its end-to-end logistics portfolio to address evolving supply chain needs.Read more

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KEC International bags fresh orders worth INR 1,020 crore across civil, rail and power segments

08 Feb 2026

KEC International has secured new orders worth INR 1,020 crore across its civil, transportation, transmission and distribution, and cables businesses, strengthening its execution pipeline for the ongoing financial year. The latest contracts include a multispeciality hospital project in Central India, a railway siding for a private client, high-voltage cabling works, and international supply orders for towers and conductors. With these additions, the company's cumulative order intake for the year has reached around INR 20,300 crore, reflecting steady demand across domestic and overseas infrastructure markets.Read more

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Mysuru planning authority proposes to expand local planning area amid transport and infrastructure concerns

08 Feb 2026

The Mysuru Development Authority (MDA) has proposed increasing the city's Local Planning Area (LPA) from 519 sq km to nearly 1,200 sq km, covering the entire Mysuru taluk including Varuna hobli. This expansion aims to centralise urban planning, improve coordination, and align development with the Mysuru Master Plan 2031. Officials say it will standardise planning processes and priorities. However, experts warn that the plan lacks mass transport proposals, arterial road upgrades, and connectivity measures, which could challenge mobility and safety in peri urban areas as growth accelerates.Read more

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Bengaluru Metro connectivity boosts real estate demand, home prices and rentals

08 Feb 2026

Real estate demand in Bengaluru has strengthened around metro corridors, with homebuyer interest rising between 8 per cent and 19 per cent in areas close to operational metro stations, according to recent data. Residential prices in established metro-linked neighbourhoods such as Rajajinagar and Jayanagar have risen by double digits, while rental values near key metro stops have climbed by as much as 18 per cent. Data shows that both demand and price growth around the Purple Line, Green Line and Yellow Line outpaced the broader city averages, underlining how improved connectivity is shaping buyer and tenant preferences. Even localities without direct metro access have recorded price appreciation, as expectations of future connectivity continue to be factored into valuations, with Whitefield, K.R. Puram and Electronic City among the areas reporting notable growth.Read more

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KSRTC introduces luxury buses with upgraded passenger amenities

08 Feb 2026

Karnataka State Road Transport Corporation (KSRTC) has launched a new fleet of luxury intercity buses equipped with enhanced passenger amenities, aimed at improving comfort and service quality on regional routes. The upgraded buses feature reclining seats with greater legroom, onboard entertainment systems, USB charging points, Wi-Fi connectivity and improved sanitation facilities, among other features. KSRTC officials said the initiative responds to rising demand for premium bus travel and is part of a broader effort to modernise the state road transport fleet. The new vehicles will be deployed across key corridors connecting major cities and towns within Karnataka and neighbouring states. The corporation indicated that the enhanced service offering is intended to attract a wider range of passengers, including business travellers and tourists, while supporting sustainable and efficient road travel.Read more

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Centre plans underground rail corridor through Siliguri’s Chicken’s Neck to strengthen connectivity

08 Feb 2026

The Union government is set to construct an underground railway corridor over a 40 kilometre stretch in Siliguri's Chicken's Neck, a critical land link connecting India's Northeast with the rest of the country. Railway Minister Ashwini Vaishnaw stated that the plan involves two underground lines in addition to expanding existing surface tracks from double to four lines, creating a six line network. The underground section, running between Tin Mile Haat and Rangapani, will also connect Bagdogra to support air defence logistics. Officials emphasize the project's security and strategic importance for uninterrupted movement and regional connectivity.Read more

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IRFC, Sagarmala Finance Corporation partner to fund up to INR 15,000 crore Outer Harbour project at VOC Port

08 Feb 2026

Indian Railway Finance Corporation Ltd (IRFC), Sagarmala Finance Corporation Ltd (SMFCL) and V.O. Chidambaranar Port Authority have signed a tripartite memorandum of understanding to jointly fund the development of the Outer Harbour project at VOC Port, Tuticorin, with financing of up to INR 15,000 crore under the Sagarmala Programme and the PM Gati Shakti National Master Plan. The funding framework is expected to support breakwater construction, capital dredging, reclamation and other onshore offshore infrastructure on a Hybrid Annuity Model basis, strengthening port capacity for future container handling. The project aligns with broader strategic goals to expand India's port infrastructure, enhance maritime logistics, and support integrated trade corridors. The Outer Harbour terminal development follows earlier moves to re-structure the project after previous tender rounds struggled to attract bidders, and reflects coordinated financing efforts to accelerate port expansion at the state-owned facility.Read more

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Delhi PWD launches service lanes and protective wall project on Ring Road to enhance safety and access

Delhi News Desk

08 Feb 2026

The Delhi Public Works Department (PWD) has initiated a project to construct dedicated service lanes and a toe wall along Ring Road near the Millennium bus depot and Baansera. Valued at INR 3.7 crore, the project is expected to be completed within 60 days of commencement. Before construction, a detailed pavement condition survey will be conducted using laser-based systems, GPS mapping, and video image processing. The improvements aim to separate local traffic from main lanes, enhance commuter safety, and address structural and maintenance needs on one of Delhi's busiest corridors.Read more

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GRSE completes 140 ft modular steel bridge in a week to ease Kolkata traffic

Kolkata News Desk

08 Feb 2026

Garden Reach Shipbuilders & Engineers Ltd (GRSE) delivered a 140 foot double lane modular steel bridge for the Kolkata Metropolitan Development Authority (KMDA) in just seven days to reduce traffic congestion around Lake Town and VIP Road. This Class 70 bridge, with a 7.5 metre wide carriageway and 100 metric ton load capacity, is the first of its kind in Kolkata, surpassing previous Bailey bridges. GRSE's expertise in rapid fabrication and workflow management made this possible. The Defence PSU, with four shipyards, has built over 800 platforms including 115 warships for the Indian Navy and Coast Guard.Read more

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Dubai authorities identify key start points for futuristic Dubai Loop transport network

08 Feb 2026

Dubai's Roads and Transport Authority has revealed the first strategic locations for the initial phase of the Dubai Loop, a high-speed underground transport system being developed in partnership with The Boring Company, backed by the Elon Musk-linked venture. The first phase will span around 6.4 km and connect locations within central Dubai, with the Dubai International Financial Centre and Dubai Mall area confirmed as starting points for the system's tunnels and stations. The initial segment will feature four stations linking key commercial and tourist districts, significantly reducing travel time between major urban centres. Officials said the project is designed to improve urban mobility, reduce surface congestion and support seamless integration with existing transport networks, with further expansion phases planned to extend the system across the emirate's broader transit corridor.Read more

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YEIDA dismantles illegal colonies, reclaims around 25 acres near Noida International Airport

08 Feb 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has carried out a major demolition and anti-encroachment operation to reclaim approximately 25 acres of land near the upcoming Noida International Airport, officials said. The action targeted unauthorised housing colonies and illegally plotted land in villages such as Dayanatpur and Sabota Mustafabad that were being marketed to buyers as airport townships without approvals. Demolition teams cleared a roughly 12-acre colony and adjoining parcels, and also removed encroachments on a key access road leading to the airport. YEIDA officers, supported by police and revenue officials, were present during the drive and said first information reports will be registered against illegal developers. The reclaimed land is estimated to be worth around INR 400 crore and forms part of the authority's broader crackdown against fraudulent real estate activities in its notified area as infrastructure development around the airport advances.Read more

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