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

MoRTH opens BOT highway projects to sovereign and pension funds after weak private sector response

1 hour ago

The Ministry of Road Transport and Highways has expanded eligibility norms for build-operate-transfer highway projects by allowing sovereign wealth funds, pension funds, infrastructure funds and private equity investors to participate in bidding under the public-private partnership model. The move comes after four highway projects worth nearly INR 22,000 crore failed to attract bids from private developers due to concerns over existing contract conditions. Through a modified request for proposal framework, the ministry has eased qualification norms and allowed institutional investors to partner with concessionaires or engineering firms for technical execution, aiming to improve private participation in highway development projects.Read more

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Patna Municipal Corporation gives INR 40 lakh rebate for early property tax payments

2 hours ago

• Patna Municipal Corporation has provided nearly INR 40 lakh as rebate to around 35,948 property taxpayers for making early payments in the current financial year.
• The civic body collected close to INR 11 crore in property tax during the initial weeks of the financial year through the rebate scheme.
• A 5% rebate on the principal tax amount is being offered for lump-sum payments made before June 30 under the Bihar Municipal Property Tax Rules, 2013.
• Nearly 60% of taxpayers used online payment methods, including UPI platforms and the municipal portal, showing rising digital adoption.
• PMC has also extended counter timings and started awareness drives as it aims to improve collections and reduce pending dues across city zones.
Read more

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KPI Green Energy wins INR 621 crore NTPC Renewable Energy contract for 500 MW solar project in Rajasthan

3 hours ago

KPI Green Energy has secured an INR 621 crore contract from NTPC Renewable Energy for balance of system works related to a 500 MW solar PV project in Bikaner, Rajasthan. The order has been split into 300 MW and 200 MW blocks and includes supply, transportation, installation, testing, commissioning, civil works and maintenance services. The project marks KPI Green Energy’s entry into Rajasthan’s renewable energy market, a state that has emerged as a major hub for large-scale solar developments due to its strong solar radiation, land availability and expanding clean energy infrastructure.Read more

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Jaipur developer alleges illegal excavation despite court stay order

4 hours ago

Rajdarbar Developments Private Limited has lodged a complaint with Jaipur police alleging illegal excavation and violation of a court stay order on disputed land in Chimanpura village under Bhankrota police station limits. The company claimed that unidentified persons entered the land with heavy machinery and carried out excavation despite restrictions imposed by the SDO (South) court. Police officials confirmed that the complaint has been received and an investigation is underway. The dispute is part of a series of ongoing land-related complaints involving the developer and properties in Jaipur’s rapidly expanding outskirts.Read more

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RVNL to develop Rishikesh-Karnaprayag railway stations under green building norms

5 hours ago

Rail Vikas Nigam Limited (RVNL) will develop all station buildings and related infrastructure under the Rishikesh-Karnaprayag Rail Link project in Uttarakhand following green building norms. The move is aimed at reducing environmental impact while improving operational efficiency and passenger facilities across the Himalayan rail corridor. The 125-km project is one of India’s most challenging railway developments due to its difficult terrain and extensive tunnelling work. The rail line is expected to improve connectivity to important pilgrimage towns, support tourism and strengthen transport access in Uttarakhand’s hill districts while addressing sustainability concerns in ecologically sensitive areas.Read more

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Virar-Alibaug corridor gets Cabinet nod, Phase 1 approved at INR 31,793 crore

12 May 2026

The Maharashtra government has approved the first phase of the 14-lane Virar-Alibaug Multi-Modal Transport Corridor, a major infrastructure project planned across the Mumbai Metropolitan Region. The 126-km corridor will improve connectivity between Virar, Navi Mumbai, JNPA port, the Mumbai Trans Harbour Link and the upcoming Navi Mumbai International Airport. Phase 1 of the project has been cleared at an estimated cost of INR 31,793.47 crore under the public-private partnership model. The corridor is expected to reduce travel time, support freight movement and ease pressure on Mumbai’s existing transport network.Read more

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MHADA gives approval letter for 33-acre Abhyudaya Nagar redevelopment in South Mumbai

12 May 2026

The Maharashtra Housing and Area Development Authority (MHADA) has issued a Letter of Acceptance to a consortium for the redevelopment of the 33-acre Abhyudaya Nagar layout in Kalachowki, South Mumbai. The large cluster redevelopment project covers 48 old buildings and more than 3,400 residential and commercial units. Existing residents living in nearly 210 sq ft homes are expected to receive 641 sq ft carpet area rehabilitation flats free of cost. The project is part of MHADA’s larger redevelopment push across Mumbai to replace ageing housing stock and improve infrastructure in older residential colonies.Read more

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India launches audit of 101 cities to assess urban ease of living and mobility infrastructure

12 May 2026

India has initiated a special audit covering 101 cities to evaluate ease of living from the perspective of citizens, with a focus on quality of life, sustainability and urban accessibility. Comptroller and Auditor General K Sanjay Murthy announced the initiative during the 5th BRICS Supreme Audit Institutions Leaders’ Summit in Bengaluru, where urban mobility emerged as a central theme. The audit comes amid rising urbanisation pressures, increasing congestion and growing demand for integrated transport infrastructure across Indian cities. The exercise is expected to assess whether infrastructure investments are translating into measurable improvements in commuting efficiency, connectivity and public service delivery.Read more

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MMRDA study outlines plan for Versova–Dahisar coastal road link

12 May 2026

• MMRDA’s feasibility study for the Versova–Dahisar Link Road outlines alignment, engineering and transport planning for the northern extension of the Mumbai Coastal Road project.
• The study evaluates routes aimed at reducing land acquisition and minimising impact on mangrove and Coastal Regulation Zone areas across Mumbai’s western suburbs.
• The report includes passenger and freight movement projections up to 2041 to support long-term regional transport planning and connectivity improvements.
Read more

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NICDC advances multi-modal logistics and transport hub project in Dadri with planned investment potential of INR 1.15 lakh crore

12 May 2026

The National Industrial Corridor Development Corporation (NICDC) is progressing the development of the Multi Modal Logistics Hub and Multi Modal Transport Hub project in Dadri, Greater Noida, under the National Industrial Corridor Development Programme. The integrated infrastructure project in Uttar Pradesh spans more than 1,200 acres and includes logistics, warehousing and passenger transit infrastructure linked to the Eastern and Western Dedicated Freight Corridors. The project involves an estimated development cost of around INR 4,034 crore and carries projected investment potential of approximately INR 1.15 lakh crore. Officials stated that the development is expected to support freight movement, industrial activity and multimodal connectivity in western Uttar Pradesh and the National Capital Region. The project includes a dry port, warehousing facilities, container handling infrastructure and an integrated transport hub connected to rail, metro and road networks near Boraki railway station in Greater Noida.Read more

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CAG launches audit of 101 cities to review ease of living and transport systems

12 May 2026

The Comptroller and Auditor General of India has started a special audit covering 101 cities to evaluate ease of living, urban mobility and the effectiveness of public infrastructure. The exercise will assess whether government spending on transport, connectivity and civic services has improved the daily lives of citizens. The audit will study quality of life, sustainability, accessibility and governance standards in urban centres. It will also review first-mile and last-mile connectivity and multi-modal transport systems with support from institutions such as IITs, IIMs and the World Bank as Indian cities continue to face rising congestion and infrastructure pressure.Read more

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Dimapur groups oppose railway station relocation as land disputes delay redevelopment

12 May 2026

Civil society organisations and tribal bodies in Dimapur have opposed any move to relocate Nagaland’s only railway station outside the state and have called for a faster resolution of land disputes linked to the redevelopment project. The Dimapur Railway Station is being upgraded under the Amrit Bharat Station Scheme, but pending court cases involving several patta holders have slowed progress. Local groups said prolonged delays could affect the project timeline and may create uncertainty around future railway investments in the state. Committees have now been formed to coordinate with landowners, officials and other stakeholders to prevent further delays.Read more

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India aims to build GIFT City into a full-scale global aircraft leasing hub

12 May 2026

India is working towards strengthening GIFT City as a complete aircraft leasing and aviation financing hub instead of only a registration destination, Union Civil Aviation Minister Rammohan Naidu said during the India Aircraft Leasing and Financing Summit 2.0 in Gandhinagar. The government is focusing on legal, tax and financing reforms to support the aviation sector, which continues to witness strong growth. India’s commercial aircraft fleet is expected to expand sharply by 2032, while passenger traffic and airport infrastructure development are also seeing rapid growth. The Centre is additionally planning to boost domestic aviation financing and expand seaplane operations.Read more

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India Post plans nationwide logistics infrastructure overhaul to support e-commerce growth

12 May 2026

The Centre plans to introduce a Postal Logistics Infrastructure Plan aimed at modernising India Post’s parcel and logistics network in line with global standards. Communications Minister Jyotiraditya Scindia said the initiative will strengthen supply-chain efficiency, support rising e-commerce demand and upgrade postal infrastructure through technology-led systems. The government is also expanding delivery capabilities, extending post office operating hours and accelerating digitisation across services.Read more

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Andhra Pradesh clears INR 2 lakh crore investment proposals across data centres, energy and manufacturing sectors

12 May 2026

The Andhra Pradesh government has approved investment proposals worth more than INR 2 lakh crore through the State Investment Promotion Board (SIPB), covering sectors including data centres, renewable energy, manufacturing and industrial infrastructure. The approvals were granted during the 17th SIPB meeting chaired by Chief Minister N Chandrababu Naidu in Amaravati. Among the largest proposals cleared were Reliance Industries’ data centre project in Visakhapatnam and a solar power and battery storage project in Sri Sathya Sai district. The board also approved an Adani Group pumped storage project in Kadapa and a Royal Enfield manufacturing facility in Tirupati. Officials stated that 25 projects with a combined investment of INR 2,01,023 crore were cleared and are expected to generate around 39,000 jobs. The state government directed departments to ensure faster implementation and time-bound execution of approved projects.Read more

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Repeated cave-in on Gurugram-Sohna elevated road raises questions over infrastructure quality

12 May 2026

A section of the Gurugram-Sohna elevated road near Subhash Chowk caved in again during the past week, leading to traffic disruption and renewed concerns over the condition of the corridor. The incident exposed a large crater and sewage flow beneath the damaged road surface, with residents alleging that recurring sewer line failures are weakening the structure from below. The stretch has witnessed similar collapses in recent years, prompting questions over construction quality, drainage planning and long-term maintenance. The elevated corridor, developed at an estimated cost of around INR 1,466 crore, is one of Gurugram’s key road infrastructure projects.Read more

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Railways initiates land acquisition for East Godavari rail overbridge after prolonged Andhra–Odisha alignment delays

12 May 2026

The Ministry of Railways has initiated land acquisition proceedings for a road overbridge project between Nidadavolu and Chagallu stations in Andhra Pradesh, marking progress in a long-pending railway infrastructure exercise linked to regional connectivity upgrades under South Central Railway (SCoR). A recent gazette notification issued by the Union government proposes the acquisition of over 5.25 acres across villages in East Godavari district for the construction of a road overbridge in place of an existing level crossing. The move comes after prolonged inter-state coordination and alignment-related delays affecting multiple railway expansion and connectivity initiatives involving Andhra Pradesh and Odisha. The acquisition covers both government and privately held land parcels, including agricultural plots, and forms part of broader efforts to improve rail movement, reduce congestion at level crossings, and strengthen operational efficiency on the corridor.Read more

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NDR InvIT inaugurates 1 lakh sq ft warehousing facility in South Goa with full lease occupancy

12 May 2026

NDR InvIT has inaugurated a fully operational 1 lakh sq ft Grade A warehousing facility at Verna in South Goa, further expanding its logistics and industrial real estate portfolio in the state. The facility has already been leased to a manufacturing occupier, reflecting growing demand for organised warehousing infrastructure in emerging industrial markets beyond major metropolitan regions. Located within one of Goa’s established industrial belts, the development benefits from connectivity to highways, ports and industrial clusters. Following the operationalisation of the project, NDR InvIT’s total warehousing portfolio in Goa has increased to nearly 1.3 million sq ft, as the company continues to expand its presence in underpenetrated industrial and logistics markets.Read more

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Hyderabad Metro Phase-II expansion plan of INR 38,595 crore awaits Centre’s approval

12 May 2026

The Telangana government has approached the Centre for approval of the proposed Hyderabad Metro Rail Phase-II project, estimated at INR 38,595 crore. The expansion plan covers 122.9 km across seven corridors and aims to improve connectivity in fast-growing residential and commercial areas of Hyderabad. Chief Minister A. Revanth Reddy recently met Union Housing and Urban Affairs Minister Manohar Lal Khattar in New Delhi and requested faster clearance for both Metro Phase-II and the proposed airport connectivity corridor under Phase-III. The state government has also submitted detailed project reports and is pushing for quicker implementation of the expansion plan.Read more

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Gorakhpur Taramandal bridge inaugurated with focus on connectivity and civic duty

12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated a newly built two-lane bridge in Gorakhpur’s Taramandal area at a cost of about INR 14.3 crore. The bridge has been constructed over a water body to improve local connectivity and support growing residential and commercial movement in the region. During the inauguration, he highlighted the need for citizens to take responsibility for maintaining public infrastructure and cleanliness. He also noted the transformation of Taramandal from a flood-prone locality into a fast-developing urban zone driven by continuous infrastructure expansion.Read more

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