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

Navi Mumbai civic body intensifies crackdown on unauthorised construction in Koparkhairane

31 Jul 2025

The Navi Mumbai Municipal Corporation (NMMC) recently undertook a demolition drive in the Koparkhairane area after repeated notices to the concerned party were disregarded. The action was carried out under the guidance of senior officials, including the municipal commissioner, following non-compliance with a prior notice issued under the Maharashtra Regional and Town Planning Act, 1966. The unauthorised structure was razed for the third time, with a fully-equipped civic team and police presence ensuring smooth execution.Read more

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Avaada Group to collaborate with Bihar government on large-scale renewable energy project

31 Jul 2025

Avaada Group has entered into a partnership with the Bihar government to develop renewable energy infrastructure totalling 1 GW capacity across the state, with an investment of approximately INR 5,000 crore. The initiative includes the installation of ground-mounted, floating, and community solar power systems, as well as battery energy storage systems. The agreement is expected to generate 500 direct employment opportunities. It was signed between the Bihar Renewable Energy Development Agency and Avaada Energy CEO Kishor Nair, in the presence of key state ministers.Read more

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Five Mumbai gardens fail disability audit, BMC promises upgrades

31 Jul 2025

Five prominent gardens in Mumbai, including Shivaji Park and Kamala Nehru Park, have reportedly failed a recent disability access audit conducted by a non-profit organisation. The audit, which assessed features like ramps, accessible toilets, and tactile paths, found significant shortcomings, highlighting the Brihanmumbai Municipal Corporation's (BMC) failure to make public spaces inclusive for persons with disabilities. Despite past directives and ongoing efforts for accessibility, many gardens remain challenging for wheelchair users. The BMC has acknowledged the findings and committed to implementing necessary upgrades, aiming to ensure all public gardens meet universal accessibility standards.Read more

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Land and clearance issues stall nearly 500 National Highway projects

31 Jul 2025

Parliament was informed that 489 road projects originally due by March 2025 are facing delays due to land acquisition, forest clearances, and railway approvals. Union Minister Nitin Gadkari stated the government is coordinating with state authorities to address these issues. Many projects have also seen cost overruns caused by higher land compensation, GST, public-demanded infrastructure additions, and design changes to meet railway standards. In cases of prolonged delays, contracts may be terminated and re-awarded. Gadkari also confirmed national highways are built per Indian Road Congress (IRC) standards, with design speeds of up to 120 km/h for expressways and 100 km/h for highways.Read more

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Hyderabad to make C&D waste certificate mandatory for occupancy approvals

31 Jul 2025

The Greater Hyderabad Municipal Corporation (GHMC) plans to introduce stricter rules to combat illegal dumping of construction and demolition (C&D) waste. Soon, building owners in Hyderabad will need to submit a C&D waste disposal certificate to get occupancy certificates (OCs). This move aims to reduce illegal dumping on roads and in water bodies, which is a major environmental issue. The proposed rules will require property owners to use approved C&D waste collection agencies and keep disposal records. Penalties for improper disposal will also increase, ensuring proper waste management in the city and impacting those who do not comply with the new norms.Read more

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Diamond Power wins INR 1,349 crore order from Adani for high-performance conductors

31 Jul 2025

Diamond Power Infrastructure Ltd has bagged an INR 1,349.11 crore order from Adani Energy Solutions Ltd (AESL) to supply 24,080 AL-59 high-performance conductors. The order is set to be fulfilled by June 2028, as disclosed in a regulatory exchange filing. This significant deal reinforces Diamond Power's stronghold in India's transmission infrastructure sector. Known as the country's largest single-location manufacturer of power cables and conductors, the company continues to attract large-scale contracts, reflecting its operational scale and sectoral importance.Read more

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Aaiji Group secures Gujarat RERA nod for residential project in Dholera SIR

31 Jul 2025

Aaiji Group has secured regulatory approval from the Gujarat Real Estate Regulatory Authority (RERA) for a residential plotting project in the Dholera Special Investment Region (SIR). The approval, valid until 2029, allows Aaiji Infraspace to develop residential plots across a 10,809 sq metre land parcel. The project is expected to benefit from large-scale infrastructure developments in Dholera, including the upcoming international cargo airport and the Ahmedabad-Dholera Expressway. Dholera SIR has already attracted significant corporate interest, including Tata Electronics' INR 91,000 crore semiconductor unit.Read more

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VDA launches campaign to explain new building bylaws and zoning norms for 2025

31 Jul 2025

The Varanasi Development Authority (VDA) has launched an awareness campaign for its new Building Construction and Development Bylaws-2025 and Model Zoning Regulation-2025. The initiative aims to simplify construction processes, promote green buildings, and encourage vertical growth within the city. Through workshops and events, VDA is educating builders and property owners about key provisions, including simplified registration, set time limits for NOCs, and increased Floor Area Ratio.Read more

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Delhi Metro's Phase V to boost Ghaziabad-Noida connectivity with four new lines

31 Jul 2025

The Delhi Metro Rail Corporation (DMRC) has proposed four new metro corridors for Ghaziabad, aiming to significantly enhance regional connectivity, particularly with Noida. These extensions, totaling approximately 25 kilometers and estimated to cost INR 7,500 crore, include extending the Blue Line to Sahibabad and a Pink Line extension to Arthala, linking parts of Delhi to Hindon Civil Terminal. With the Ministry of Housing and Urban Affairs now funding the preparation of detailed project reports, these projects have a better chance of advancing.This development promises to improve public transport access for over 5 lakh residents and integrate key areas like Indirapuram, Vasundhara, and Vaishali, alongside providing air connectivity.Read more

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Kolkata civic body cracks down on construction debris dumping to prevent waterlogging

30 Jul 2025

The Kolkata Municipal Corporation (KMC) has initiated stricter monitoring of construction material dumping on city roadsides to combat waterlogging. Developers of under-construction buildings are now required to store materials immediately on the ground floor once built, facing stop-work notices for non-compliance. This directive follows complaints of inundation caused by debris, which is often illegally dumped in drains and vacant plots. The move aligns with existing rules mandating proper waste disposal and comes as a similar redressal system for construction and demolition waste is being developed in New Town to enhance urban cleanliness and prevent blockages.Read more

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TMC mandates registration for all construction activity in Yeoor Hills

30 Jul 2025

The Thane Municipal Corporation (TMC) has introduced new rules for transporting construction materials in Yeoor Hills, an environmentally sensitive zone. Under these regulations, a construction permit from TMC's Urban Development Department is now mandatory, and authorized builders must register project details and vehicle information with the forest department. This move aims to curb unauthorized constructions and protect the ecological balance of the hills. The TMC is also taking action against illegal turf and commercial constructions, and has issued notices for noise and firecracker violations, reflecting a broader effort to preserve the sensitive environment of Yeoor Hills.Read more

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Nxtra signs ISTS-based solar-wind hybrid agreement with AMPIN Energy

30 Jul 2025

Nxtra by Airtel today announced a new agreement to source an additional 125.65 megawatts (MW) of renewable energy from AMPIN Energy. This latest deal brings the total renewable energy partnership between the two companies to over 200 MW. The additional capacity, a solar-wind hybrid, will be supplied from plants in Rajasthan and Karnataka through the Inter-State Transmission System (ISTS). This move reinforces Nxtra's commitment to power its data centers sustainably and aligns with its pledge to source 100 percent of its electricity from renewable sources, contributing to greener data center operations across India.Read more

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Bombay High Court directs Lonavala civic body to improve infrastructure and protect ecology

30 Jul 2025

The Bombay High Court has directed the Maharashtra government and the Lonavala Municipal Council to take immediate steps to improve civic infrastructure at the popular hill station. This order comes in response to a petition highlighting issues like illegal constructions, traffic congestion, and waste management failures. The court emphasized the need for better roads, drains, footpaths, and streetlights, alongside measures to protect Lonavala's natural environment. This directive aims to address the challenges posed by the unchecked growth of the tourist destination and ensure sustainable development for both residents and visitors.Read more

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Bridge crack near Nahur not serious, GMLR flyover safe for traffic: BMC

30 Jul 2025

A crack recently appeared on a flyover of Mumbai's Goregaon-Mulund Link Road (GMLR) at the Nahur ROB (Road Over Bridge) junction, raising concerns among commuters. The Brihanmumbai Municipal Corporation (BMC) has assured the public that the crack is only on the bridge's concrete railing and does not affect its main structure or vehicular movement. While the civic body states it's a minor issue being repaired, the incident highlights ongoing public scrutiny over infrastructure quality in Mumbai, especially concerning major connectivity projects like the GMLR, and the need for quick official responses to maintain public trust.Read more

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Chennai removes 1,000 tonnes of construction waste daily across 15 zones

30 Jul 2025

Chennai's civic authority cleared around 2 lakh tonnes of building waste across all city zones, with daily averages of 1,000 tonnes moved using more than 160 vehicles. The debris is being recycled into construction materials at municipal plants, offering cost savings and promoting reuse. A dedicated app tracks operations, while new rules have generated public engagement and INR?39.3 lakh in fines. Despite this, regulatory bodies flagged that processing plants remain inoperative, necessitating urgent action to meet environmental norms.Read more

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Sagarmala Initiative: India eyes global investment for port modernization

30 Jul 2025

India is actively looking to attract foreign investment for its ambitious INR 25,000 crore maritime infrastructure development projects. This push aims to upgrade ports, enhance connectivity, and boost coastal economic activities, aligning with the Sagarmala Programme's objectives. By courting global funds, the government seeks to accelerate the modernization of its maritime sector, which is vital for trade, logistics efficiency, and overall economic growth. This strategy reflects India's commitment to transforming its coastline into a key driver of national prosperity and global trade integration.Read more

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MHADA goes digital with 1.5 crore public records to boost transparency

29 Jul 2025

MHADA has made 1.5 crore official documents publicly accessible on its website, aiming to boost transparency in Maharashtra's housing sector. Announced in April 2025, the move includes circulars, tenders, office orders, approvals, and internal remarks-organized department-wise. Sensitive records, such as those related to housing lotteries, remain restricted. Vice President and CEO Sanjeev Jaiswal confirmed strict safeguards: documents cannot be downloaded or screenshotted, and users must state a reason to view files. All access is logged to ensure accountability. This initiative marks a major step in promoting open governance and improving public access to information in the state's housing development processes.Read more

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India earmarks 15,000 acres for coastal shipbuilding hubs to attract INR 1.5 lakh crore investment

29 Jul 2025

India plans to designate 15,000 acres along its coastline for the development of shipbuilding clusters, aiming to attract INR 1.5 lakh crore in investments. This initiative, led by the Ministry of Ports, Shipping and Waterways, seeks to bring global shipbuilding companies to India and boost the country's manufacturing capabilities in the maritime sector. Key states like Maharashtra, Odisha, Tamil Nadu, Andhra Pradesh, and Gujarat have identified land parcels for these projects, with states offering various incentives including subsidies for capital investment and skill development, as India targets becoming a global leader in shipbuilding.Read more

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No C&D waste plant in Vasai-Virar despite 2016 mandate, RTI reveals

29 Jul 2025

Nearly 10 years after C&D waste management became mandatory for local bodies, the Vasai-Virar City Municipal Corporation (VVCMC) still lacks a dedicated plant, an RTI query has revealed. This failure means C&D debris is illegally dumped in low-lying areas, violating environmental rules and affecting air quality. Despite the demolition of numerous illegal buildings and ongoing redevelopment generating significant waste, the VVCMC has only sent a proposal for a plant in Gokhivare for approval. This absence of proper management raises concerns about pollution and highlights the civic body's ongoing struggle to comply with environmental regulations.Read more

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MMRC invites bids for feeder bus services on Mumbai Metro Line 3

28 Jul 2025

The Mumbai Metro Rail Corporation (MMRC) has invited bids from public transport operators to run feeder bus services for Mumbai Metro Line 3. This initiative aims to improve last-mile connectivity for commuters, linking 27 underground stations to nearby residential and commercial areas. The service will begin in phases, with trial operations for Line 3 starting in October. The plan involves 92 proposed routes managed through a Public-Private Partnership model, utilizing GPS-tracked electric buses, aligning with MMRC's goal to offer eco-friendly transport and reduce road congestion in Mumbai.Read more

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