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

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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Vinci to acquire Macquarie’s Indian toll road portfolio for USD 1.7 billion, marking re-entry into infrastructure sector

11 Apr 2026

French infrastructure company Vinci SA has agreed to acquire a portfolio of nine operational toll highways in India from Macquarie Asset Management for an enterprise value of about USD 1.7 billion (approximately INR 15,000 crore), in one of the largest road asset transactions in the country. The deal, announced in the past week, involves assets held under the Safeway Concessions platform, spanning nearly 700 km across Andhra Pradesh and Gujarat. Originally acquired by Macquarie in 2018 under the toll-operate-transfer (TOT) model, the assets are being divested as part of its portfolio strategy. The transaction is subject to regulatory approvals and is expected to reach financial closure by end-2026, with Vinci likely to house the assets under a local operating structure.Read more

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RITES secures contract value increase to INR 118.89 crore for NALCO railway siding project

11 Apr 2026

RITES Limited has received a revision in the value of its ongoing consultancy contract with National Aluminium Company Limited (NALCO), increasing the total project cost to INR 118.89 crore from INR 79.73 crore. The project involves detailed engineering and project management consultancy for a railway siding at the Utkal-D coal mines in Odisha. The increase reflects an expanded scope of work under the existing agreement. Executed on a cost-plus basis, the project supports coal evacuation infrastructure and strengthens RITES order book visibility in the railway consultancy segment.Read more

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MPCB directs Pune civic body to address sewage treatment gaps within six months, flags large-scale untreated discharge

Pune News Desk

11 Apr 2026

The Maharashtra Pollution Control Board (MPCB) has directed the Pune Municipal Corporation to address gaps in sewage treatment infrastructure within six months and achieve full sewer network coverage within four months, following a recent review of pollution levels in the city. The directive, issued in the past week, comes after findings that Pune generates around 980 million litres per day (MLD) of sewage, of which nearly 500 MLD is being discharged untreated into the Mula and Mutha rivers through multiple drains. The regulator has asked the civic body to intercept major nullahs, halt direct discharge, and submit a time-bound action plan. The order also covers improvements in solid waste management and air pollution control, indicating broader concerns around urban environmental infrastructure and compliance.Read more

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Karnataka plans EV charging stations at 60–70 km intervals on state highways to support intercity electric mobility

11 Apr 2026

The Karnataka government is planning to install electric vehicle (EV) charging stations at intervals of 60-70 km along state highways, in a move aimed at strengthening intercity charging infrastructure and encouraging EV adoption. The initiative, outlined in the past week, will be implemented by Bangalore Electricity Supply Company in collaboration with Karnataka Road Development Corporation Limited across a 3,000-km highway network. Charging points are proposed at toll plazas, bus bays, truck lay-bys and select operational facilities. Initial site assessments have identified a majority of locations as viable, with fast-charging capability expected at several stations. The plan seeks to address range anxiety among EV users and improve long-distance travel feasibility, while supporting the state's broader push towards clean mobility.Read more

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ADC focuses on eco-tourism and sustainable infrastructure in Amaravati

11 Apr 2026

ADC is developing Amaravati with a strong focus on eco-tourism and sustainable infrastructure. The Gravity Canal is being transformed into a tourist attraction, while reservoirs in Neerukonda and Penumaka are under construction to support water management and recreational activities. ADC's Translocation Nursery preserves large trees and medicinal plants displaced by construction and will serve as a community space. World Bank representatives visited these projects, acknowledging the efforts as innovative and impactful for the city's development and environmental sustainability.Read more

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UP clears PPP-based redevelopment of 49 bus stations to boost transport infrastructure

11 Apr 2026

The Uttar Pradesh government has approved the redevelopment of 49 bus stations under a public-private partnership model to improve transport infrastructure and passenger facilities. The project, led by UPSRTC, is expected to attract investment of over INR 4,000 crore without direct government spending. The plan includes modernising stations into multi-use hubs with better amenities and commercial spaces. Revised policy norms such as relaxed eligibility criteria and longer lease periods are aimed at increasing private sector participation and ensuring smoother execution across districts.Read more

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Uttar Pradesh approves forestry and horticulture university in Gorakhpur to boost green development

11 Apr 2026

The Uttar Pradesh Cabinet has approved the establishment of a Forestry and Horticulture University in Gorakhpur, aimed at strengthening environmental education and research. Planned over nearly 50 hectares with an investment of over INR 491 crore, the project has already received an initial allocation of INR 50 crore. The university will offer a wide range of courses in forestry, horticulture, and climate-related fields. It is expected to support biodiversity conservation, improve forest cover, and create employment opportunities while contributing to sustainable agriculture and ecological balance in the state.Read more

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Pune court denies bail in metro tunnel damage case linked to illegal borewell work

11 Apr 2026

A Pune sessions court has rejected anticipatory bail pleas of a homeowner and a borewell contractor accused of damaging an underground metro tunnel in Shukrawar Peth. The incident occurred during unauthorised drilling, which punctured the tunnel and caused water seepage onto the tracks. The court noted serious risks to public safety and infrastructure and allowed the investigation to proceed without protection from arrest. A case has been registered under the Bharatiya Nyaya Sanhita and the Metro Railways Act, with potential imprisonment of up to 10 years.Read more

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Maha Metro and Nagpur civic body introduce feeder bus service on Hingna Road to improve last-mile connectivity

11 Apr 2026

Maharashtra Metro Rail Corporation (Maha Metro), in collaboration with the Nagpur Municipal Corporation (NMC), has announced a feeder bus service along Hingna Road to strengthen last-mile connectivity for Metro commuters. The service, expected to commence shortly, will connect Lokmanya Nagar Metro Station with key institutions including Lata Mangeshkar Hospital and prominent engineering colleges in the Hingna corridor. The initiative follows demand from students and patients who rely on public transport for daily access. Registration drives for Maha Card and bus passes have also been initiated to support integration. The move is aimed at improving multimodal transport usage and reducing reliance on private vehicles in a rapidly developing urban stretch of Nagpur.Read more

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NGT declines to stay Telangana’s Future City project, seeks replies on environmental issues

11 Apr 2026

The National Green Tribunal (NGT) has refused to grant an interim stay on Telangana's proposed Future City project near Hyderabad, while asking key authorities to respond to environmental concerns raised in a petition. The tribunal has directed the Future City Development Authority (FCDA) and the Union environment ministry to file their replies and listed the next hearing for June 9. The petition alleged that development activities began without mandatory environmental clearances. The state government has maintained that the project is still in its early stage and no violations have taken place.Read more

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Rajasthan proposes seven industrial hubs under Centre’s BHAVYA scheme to strengthen manufacturing ecosystem

11 Apr 2026

The Rajasthan government has proposed seven locations for developing industrial hubs under the Centre's BHAVYA (Bharat Audyogik Vikas Yojana) scheme, aimed at creating next-generation, plug-and-play industrial ecosystems. The proposal, submitted in the past week, aligns with the national plan to develop 100 industrial parks with modern infrastructure and integrated logistics. Most of the identified sites fall within the Delhi-Mumbai Industrial Corridor influence zone, offering connectivity advantages. Existing projects such as the Khushkhera-Bhiwadi-Neemrana Investment Region and Jodhpur-Pali-Marwar Industrial Area are already under development. The state has indicated readiness through available land parcels and an established Special Purpose Vehicle framework, which is expected to reduce project timelines and support investor participation across manufacturing and logistics sectors.Read more

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BPTP awards INR 488 crore construction contract for Downtown 66 project in Gurugram to NCC Limited

Gurugram News Desk

11 Apr 2026

BPTP Limited has awarded a construction contract worth approximately INR 488 crore to NCC Limited for its residential project, Downtown 66, located in Sector 66, Gurugram. The contract covers civil structure and finishing works for a total built-up area of about 1,79,302 sq m, including residential towers and associated amenities. Positioned along Golf Course Extension Road, the development forms part of BPTP's ongoing portfolio in the city. The project has secured IGBC Platinum pre-certification and is being designed to meet higher seismic standards. Multiple global and domestic consultants have been engaged across architecture, engineering, and sustainability disciplines, reflecting a multi-stakeholder approach to execution.Read more

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Punjab speeds up INR 1,904 crore highway works in Ludhiana to ease connectivity

Ludhiana News Desk

11 Apr 2026

The Punjab government has accelerated highway projects worth INR 1,904 crore in Ludhiana, focusing on three key corridors Ludhiana Bathinda, Southern Bypass and Ludhiana Ropar. These projects are expected to form a ring road and improve connectivity to the upcoming Halwara airport. The state has pushed for faster land acquisition, timely compensation and removal of execution delays. Alongside construction, local issues such as drainage, congestion and road safety are also being addressed. The initiative aims to strengthen urban mobility and support industrial and regional movement in and around Ludhiana.Read more

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Delhi to redevelop six flyovers with Ramayan-themed murals and green zones

Delhi News Desk

10 Apr 2026

The Delhi government has planned the redevelopment of spaces under six flyovers through public-private partnerships to improve usability and urban aesthetics. The project will introduce green zones, murals, seating areas, lighting, and sanitation upgrades. A Ramayan-themed mural at Mangi Setu is a key highlight. Companies including EaseMyTrip Foundation, Godrej Industries Group, and Dalmia Bharat Limited will execute the work under CSR initiatives. The plan focuses on converting unused spaces into safe, organised, and accessible public areas while improving overall infrastructure quality.Read more

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Vietnamese firm to invest USD 6.5 billion in Maharashtra for smart urban development

10 Apr 2026

Vin Group, a Vietnamese firm, plans to invest USD 6.5 billion in Maharashtra for sustainable urban development, electric mobility, tourism, renewable energy, and social infrastructure. The MoU with MMRDA and the Industries Department aims to create smart residential townships, large-scale electric transport solutions, international-standard schools and hospitals, a solar power project, and tourism facilities. Spread over 5,000 acres, the project is expected to generate around 24,700 jobs. The initiative aligns with Maharashtra's efforts to make Mumbai a globally competitive economic and urban hub.Read more

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Manori desalination plant clears CRZ stage, awaits final central approval

Mumbai News Desk

10 Apr 2026

Mumbai's proposed desalination plant at Manori has received conditional Coastal Regulation Zone clearance from the state authority and is now awaiting final approval from the central environment ministry. Planned by the BMC, the project will convert seawater into drinking water with an initial capacity of 200 MLD, expandable to 400 MLD. Estimated at around INR 11,166 crore, the project includes tunnels and distribution systems. While key approvals are in place, environmental safeguards and concerns raised by local fishing communities remain important before construction begins.Read more

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NHAI to develop ‘Arogya Van’ plantations along highways, identifies 17 sites for first phase

10 Apr 2026

The National Highways Authority of India (NHAI) has announced an initiative to develop Arogya Van thematic plantations of medicinal trees across vacant land parcels along National Highways to enhance biodiversity and ecological resilience. In the first phase, 17 sites covering 62.8 hectares have been identified across multiple states including Madhya Pradesh, Maharashtra, Gujarat and Tamil Nadu. The programme will involve planting approximately 67,462 trees comprising 36 medicinal species such as neem, amla and jamun, selected based on agro-climatic suitability. Priority locations include areas near toll plazas, interchanges and wayside amenities to improve public visibility. The initiative is positioned as part of broader efforts to integrate environmental considerations into highway infrastructure development.Read more

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BMC reduces tree loss significantly in revised Malabar Hill reservoir plan

Mumbai News Desk

10 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) has reduced the number of trees affected in the Malabar Hill reservoir project from 389 to 76 after revising its plan. The move follows strong opposition from residents and environmental groups over the impact on green cover near Hanging Gardens. The civic body has now adopted a phased repair approach for the ageing reservoir and proposed a 52 MLD alternative tank to maintain water supply during the work. While the revision addresses key concerns, residents continue to question the need for additional construction in the area.Read more

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