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

Big boost for Jaipur: INR 13,038 crore Metro Phase 2 gets Cabinet approval

13 Apr 2026

The Union Cabinet has approved Jaipur Metro Phase 2 with an investment of around INR 13,038 crore to expand the city's metro network through a 41 km corridor. The project will connect key industrial, residential and institutional areas, including Sitapura and Vishwakarma Industrial Area, with 36 planned stations. It aims to improve airport connectivity, reduce congestion and support sustainable mobility. Targeted for completion by 2031, the expansion is expected to increase ridership and support planned urban growth and real estate development.Read more

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Madhya Pradesh clears INR 590 crore airstrip project in Ujjain for Simhastha 2028

13 Apr 2026

The Madhya Pradesh government has approved INR 590 crore for developing an airstrip in Ujjain to support the Simhastha Kumbh Mela in 2028. The project will involve acquiring around 437.5 acres and enabling operations of larger aircraft under the UDAN scheme. The Airports Authority of India will handle development after land transfer by the state. Alongside this, projects worth over INR 15,000 crore across irrigation, education and other sectors were cleared, indicating a broader push to strengthen infrastructure and manage the expected rise in pilgrim and tourist movement.Read more

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Square Yards partners with RBI Innovation Hub to provide property data services through Unified Lending Interface

13 Apr 2026

Square Yards has entered into a partnership with Reserve Bank Innovation Hub to offer digital property valuation and title search services via the Unified Lending Interface. Announced in the past week, the collaboration aims to support financial institutions by providing structured real estate data for credit assessment. The platform integrates over 100 million digitised property registration records across multiple states, including Maharashtra, Karnataka and Tamil Nadu. It aggregates information from registration documents, listings, regulatory filings and circle rates, enabling lenders to access verified transaction histories, ownership records and valuation benchmarks. The initiative is expected to streamline digital lending processes by improving data accessibility and reducing reliance on manual verification systems.Read more

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Kolhapur civic action committee flags gaps in draft third development plan, raises concerns over land reservations and urban infrastructure provisions

12 Apr 2026

Members of the Kolhapur City Civic Action Committee have raised objections to the draft third development plan prepared for the Kolhapur Municipal Corporation, citing a narrow focus on land reservations and inadequate attention to the city's growing infrastructure needs. The concerns were presented during a meeting with officials from the town planning department in the past week. The committee highlighted that the draft fails to address rising population pressures, increased vehicular traffic, and flood-prone zones, while civic amenities such as gardens, schools, and open spaces remain insufficient. It also pointed out that the city's administrative area has remained unchanged at 66.82 sq km for decades. The group has urged planners to revise the draft to ensure compliance with statutory requirements and align it with current urban realities.Read more

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Karnataka receives record railway allocation, focus on station upgrades and electrification

12 Apr 2026

Karnataka has received its highest-ever railway budget allocation, with focus on station redevelopment, electrification and new line expansion. Union Minister of State for Railways V Somanna stated that 61 stations are being upgraded under the Amrit Bharat Station Scheme, while 31 railway line projects are in progress. Electrification has reached about 97 per cent in the South Western Railway zone, improving efficiency. Key works also include safety upgrades through Kavach and infrastructure inspections across key sections, reflecting a continued push towards modernisation.Read more

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Andhra Pradesh launches INR 105 crore road expansion works in Vijayawada to ease congestion in peripheral areas

12 Apr 2026

The Andhra Pradesh government has initiated a set of road expansion projects in Vijayawada with a total investment of approximately INR 105 crore, aimed at improving connectivity and addressing traffic congestion in the city's peripheral zones. Announced in the past week, the works involve the widening and development of three key stretches, including Ballemvari Street linking Poranki and Nidamanuru, the Auto Nagar Murali Nagar Road, and a connecting stretch up to Nidamanuru Junction. The projects are part of a broader urban infrastructure push to support the city's expansion and improve access to residential and industrial areas. Officials indicated that the upgrades are intended to streamline traffic movement and strengthen linkages between key growth corridors in the region.Read more

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Matrix Geo secures INR 3.07 crore drone-based monitoring contract for railway doubling project in Rajasthan and Gujarat

12 Apr 2026

Matrix Geo Solutions has secured a contract valued at approximately INR 3.07 crore from North Western Railway to deploy drone-based monitoring systems for a railway infrastructure project. Announced in the past week, the mandate covers the 271.97-km Luni Samdari Bhildi doubling corridor spanning parts of Rajasthan and Gujarat, with execution scheduled over 30 months. The company will use UAV-enabled aerial surveys and geo-tagged data capture to monitor construction progress across stages such as earthwork, track laying and bridge development. The initiative reflects increasing adoption of geospatial technologies in infrastructure execution, aimed at improving oversight, reducing reliance on manual inspections and enhancing coordination among project stakeholders.Read more

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Cabinet approves INR 40,175 crore investment in two hydropower projects in Arunachal Pradesh to add 2,920 MW capacity

12 Apr 2026

The Union Cabinet has approved an investment of INR 40,175.33 crore for the development of two major hydropower projects in Arunachal Pradesh, aimed at strengthening renewable energy capacity and regional infrastructure. Cleared in the past week by the Cabinet Committee on Economic Affairs, the projects include the 1,720 MW Kamala Hydro Electric Project and the 1,200 MW Kalai-II Hydro Electric Project, with a combined capacity of 2,920 MW. The Kamala project will be developed across multiple districts, while Kalai-II will be located on the Lohit river in Anjaw district. Both projects will be executed through joint ventures involving central public sector companies and the state government. The developments are expected to support grid stability, improve power availability and enable infrastructure expansion in the region.Read more

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Highway construction and project awards fall to seven-year low in FY26 amid tighter preconditions and reduced project pipeline

12 Apr 2026

India's highway construction and project award activity declined to a seven-year low in FY2025-26, reflecting a shift in execution strategy and a slowdown in the project pipeline. According to official data cited in the past week, total highway construction dropped below 10,000 km for the first time since 2019-20, while new project awards were limited to around 7,000 km. Authorities attributed the slowdown to stricter requirements around land acquisition, environmental and statutory clearances before project bidding. The approach is aimed at reducing delays and cost overruns that have affected earlier projects. While execution activity by agencies such as the National Highways Authority of India remained stable, the reduced flow of new contracts has begun to impact contractors and developers, leading to intensified bidding competition and potential pressure on future order books.Read more

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Short circuit leads to minor fire at Mumbai airport terminal 1, operations remain unaffected

Mumbai News Desk

12 Apr 2026

A fire incident took place at Chhatrapati Shivaji Maharaj International Airport's Terminal 1 in Mumbai during the evening of April 9 after a short circuit occurred in an electrical section of a three-storey structure near the 1-B Circle area. The fire was quickly detected and brought under control by the Mumbai Fire Brigade along with the airport's emergency response team. Authorities confirmed that the fire remained minor in nature, no casualties were reported, and flight operations were not affected. As a precaution, some electrical systems were briefly shut and safety checks were carried out.Read more

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Defence ministry to develop Adilabad airport with civil aviation support

12 Apr 2026

The Defence Ministry, along with civil aviation authorities and the Telangana government, is moving ahead with plans to develop the long-proposed Adilabad airport as a joint-use facility. The project will allow defence-related training operations to function alongside civilian flight services. A joint inspection of the 300-acre site is scheduled in the coming days, involving all key stakeholders. After the assessment, a detailed project report is expected to be prepared within a few months. The initiative is aimed at improving regional connectivity and supporting infrastructure growth in northern Telangana.Read more

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28 returnable plots allocated to farmers in Amaravati

12 Apr 2026

Under the Negotiated Partnership Scheme, 28 returnable residential plots were distributed to farmers displaced by road expansion in Amaravati's R-1 zone. The e-lottery, conducted at APCRDA headquarters, allocated plots to 29 farmers from Borupalem, Kuragallu, and Undavalli. Ten of these plots were assigned to residents of Kuragallu village who had homes on Cheruvu Poramboku land since December 2014, providing them both replacement land and compensation. Officials, including the Special Grade Deputy Collector, guided beneficiaries on registration and plot location assistance, ensuring proper implementation of the scheme.Read more

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World Bank and Asian Development Bank team completes successful visit to Amaravati

12 Apr 2026

A World Bank and Asian Development Bank team recently concluded a three-day visit to Amaravati to review the ongoing construction and development projects in the capital. Officials from APCRDA, led by Additional Commissioner A. Bhargava Teja IAS, presented progress updates and discussed issues such as investment promotion, disaster prevention, inclusive housing, water and wastewater management, road development, and social welfare program implementation. The visit involved detailed discussions with PMC staff and contract representatives, with the WB and ADB team providing recommendations to strengthen planning, governance, and infrastructure management in the capital.Read more

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Mumbai crosses 100 km metro network, moves ahead of Bengaluru

12 Apr 2026

Mumbai's metro network has crossed the 100 km mark after the addition of new stretches on Lines 9 and 2B, helping the city overtake Bengaluru to become India's second-largest metro network. The expansion has improved connectivity in Thane and eastern suburbs. Bengaluru now stands third with around 96 km, with delays in key lines affecting its pace of growth. While Mumbai has seen faster execution in recent years, Bengaluru continues to work on multiple upcoming corridors, which are expected to significantly expand its network over the next two years.Read more

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Navi Mumbai civic body approves INR 6,904.43 crore budget for FY27 with focus on infrastructure and public services without tax increase

12 Apr 2026

The Navi Mumbai Municipal Corporation (NMMC) has approved a budget of INR 6,904.43 crore for FY2026-27, following deliberations in its general body meeting held in the past week. The budget, cleared under Section 100 of the Maharashtra Municipal Corporation Act, includes a revised estimate of INR 5,830.82 crore for FY2025-26 and incorporates an increase of INR 200 crore in the opening balance. The final expenditure for FY2026-27 has been set at INR 6,889.43 crore, leaving a closing balance of INR 15 crore. Civic officials stated that the budget prioritises urban infrastructure, sanitation, healthcare, education and welfare schemes, while avoiding any tax increase. The administration has also outlined measures to improve revenue collection, particularly through property tax and water charges, alongside expanding digital governance services.Read more

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Uttar Pradesh moves ahead with eight data centre parks targeting INR 2 lakh crore investment

12 Apr 2026

The Uttar Pradesh government is progressing with plans to develop eight data centre parks across major cities, with expected investments of around INR 2 lakh crore. The projects are likely to generate over 50,000 direct jobs and strengthen digital infrastructure in the state. Land allocation has moved forward in key locations like Noida and Greater Noida, with some projects already under construction. Several domestic and global companies have shown interest, supported by policy incentives, power infrastructure planning and the state's focus on becoming a data centre and AI hub.Read more

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Dwarka Expressway records 200% price growth over a decade as infrastructure completion and policy support drive demand

12 Apr 2026

The Dwarka Expressway corridor in NCR has witnessed a sharp rise in property values, with prices increasing nearly threefold over the past decade, according to market data. Average residential rates have moved from around INR 4,900 per sq ft in 2016 to approximately INR 14,800 per sq ft in 2026, reflecting strong end-user demand and infrastructure-led growth. The operationalisation of the 29-km expressway in the past year, along with additional connectivity upgrades, has improved accessibility between Delhi and Gurugram. Government measures, including a 67% increase in circle rates and project approvals exceeding INR 86,500 crore in 2025, indicate sustained investment activity. The corridor has also recorded an absorption rate of over 97%, alongside ongoing development of social and urban infrastructure, strengthening its position as a key residential and mixed-use growth zone.Read more

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Gujarat partners Inductus Group to position state as global hub for capability centres

12 Apr 2026

The Department of Science and Technology, Government of Gujarat, has signed a memorandum of understanding with Inductus Group to promote the state as a destination for Global Capability Centres (GCCs). The agreement, formalised in the past week, aims to strengthen Gujarat's positioning in the global technology and innovation ecosystem by leveraging its infrastructure, policy framework and talent base. Under the collaboration, Inductus Group will provide advisory services including location strategy, investment facilitation and GCC enablement. The move comes amid increasing interest from multinational firms in emerging Indian cities beyond traditional metros. The initiative is expected to support the development of IT-led commercial ecosystems, enhance investment inflows and facilitate the establishment of technology-driven business operations within the state.Read more

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Ahmedabad civic body shifts parking responsibility to property owners under revised regulations

12 Apr 2026

The Ahmedabad Municipal Corporation (AMC) has introduced revised parking regulations placing direct responsibility on property owners to manage vehicle parking within their premises across the city. Under the new framework, owners of residential and commercial buildings must ensure that vehicles belonging to occupants and visitors are accommodated internally, with strict restrictions on roadside and public-space parking. Non-compliance could result in suspension or cancellation of building usage permissions under existing development control regulations. The rules also mandate appointment of parking managers, installation of signage, and submission of annual self-declarations confirming compliance. The move forms part of the civic body's broader efforts to address traffic congestion and improve urban mobility across high-density areas.Read more

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Porvorim elevated corridor completion pushed to October 2026 amid execution delays and pending structural work

12 Apr 2026

The completion of the six-lane Porvorim elevated corridor in Goa has been delayed, with authorities now targeting October 2026 for commissioning. The revision, highlighted in the past week, follows continued execution challenges, including traffic management constraints, foundation-related adjustments and slower-than-expected structural progress. The project, being developed along NH-66, is intended to ease congestion on a key stretch linking Panaji and Mapusa. Officials indicated that a substantial portion of the work has been completed, but critical segments of the superstructure remain pending. The corridor, originally scheduled for completion earlier, has seen multiple timeline revisions due to on-ground constraints. The extended deadline reflects the need to complete remaining works while maintaining safety and construction standards.Read more

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