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

Vizag Metro development to begin in October 2025 with a double-decker model

02 Jun 2025

The Andhra Pradesh government will begin construction of the Visakhapatnam Metro Rail Project in October 2025, with a double-decker model proposed to meet rising transport demands. A semi-ring road is also planned to improve connectivity, especially to the upcoming Bhogapuram Airport, with 15 of 22 approach roads already approved. In housing, INR 7,000 crore has been allocated to complete pending TIDCO homes, prioritizing women beneficiaries by Dasara. Under the AMRUT scheme, INR 834 crore is being invested in water supply projects. At a VMRDA review, key concerns like sanitation, water shortages, and infrastructure gaps were addressed, reflecting a holistic push for urban development.Read more

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AI boom fuels rising demand for data centres across Asia Pacific

02 Jun 2025

Demand for data centres in Asia Pacific is soaring, driven by rapid AI adoption and growing reliance on cloud services, according to CBRE. Despite projections that data centre capacity will double in three years, the region may face a shortfall of 15-25 gigawatts by 2028 due to limited power infrastructure and a lack of AI-ready facilities. AI-focused data centres require over twice the power density of traditional centres, along with advanced cooling and low-latency networks. Investment remains strong-direct volumes reached USD 4.7 billion in 2024-with developers pursuing asset repurposing and new land acquisitions. Markets like Japan, Australia, Korea, and Singapore are key demand hubs. Investors are advised to focus on advanced, scalable assets through acquisitions and partnerships to capitalise on this growth. Innovation in data centre design will be critical as the region strives to meet rising AI and cloud computing needs.Read more

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Delhi IGI Airport ranks among top 10 hub airports in Asia-Pacific, Middle East

02 Jun 2025

Delhi's Indira Gandhi International Airport (IGIA) has been ranked among the top 10 hub airports in the Asia-Pacific and Middle East regions in ACI's Air Connectivity Ranking 2024. IGIA secured the 10th spot, with Dubai International Airport topping the list, followed by airports in Shanghai, Doha, Seoul, Guangzhou, Beijing, Bangkok, Singapore, and Kuala Lumpur. The report noted a 14% year-on-year rise in air connectivity, driven by increased international travel and strong airline network recovery. IGIA, operated by Delhi International Airport Ltd (DIAL), now connects to 153 destinations-81 domestic and 72 international. The Hub Connectivity Index evaluates transfer efficiency and onward connectivity. The airport's growing network supports the Indian government's goal to position IGIA as a key global transit hub. This ranking highlights Delhi's expanding role in international aviation and its rising prominence in the global connectivity landscape.Read more

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Bhubaneswar Development Authority launches new Town Planning schemes in Dasapur and Malipada

30 May 2025

The Bhubaneswar Development Authority (BDA) has launched Town Planning Schemes 5, 6, and 7 across 846 acres in Dasapur and Malipada as part of its vision for Bhubaneswar New City. A request for proposal has been issued to select a firm for design and implementation support. Public hearings have been held to ensure landowner involvement. These efforts follow the December rollout of 14 TP schemes in Zone IV. BDA plans 45 such schemes across four zones to streamline infrastructure development, including the inner ring road. Under the model, landowners retain 60% of their land post-development. The TP approach is now being replicated in other Odisha cities.Read more

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Assam Chief Minister pushes for faster construction of satellite townships in Kamrup and Morigaon

30 May 2025

Assam is accelerating its urban development with three major projects: the Palasbari Satellite Township, the Jagiroad Integrated Township, and a Central Business District (CBD) in Guwahati. The Palasbari project spans 1,500 acres, featuring zones for deep tech, startups, and residential areas, with 20% green cover. The Jagiroad Township, near Tata's semiconductor plant, covers 461 acres, with plans for a 2,000-acre expansion, funded by a INR 1,000 crore Asian Development Bank loan. The Guwahati CBD aims to alleviate urban strain, offering over 10 million sq ft of commercial space and 60% open areas. Collectively, these projects are valued at USD 1 billion.Read more

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Aluwind Infra-Tech reports strong financial growth for FY25, expands with new subsidiary

30 May 2025

Aluwind Infra-Tech Limited, a major force in the facade and fenestration solutions industry, has released solid audited financials for FY25 that show a notable increase in net profit, EBITDA, and revenue year over year. The company also posted impressive gains in its H2 FY25 performance. With over 300 projects delivered across more than 20 cities and 85 active projects in progress, Aluwind continues to build on its legacy of over 35 years in the sector. It recently launched a new subsidiary, Aluwind Clean-Tech Private Limited, to expand into facade maintenance, and forged a strategic alliance with Hindalco's Eternia brand in the MMR region. The company's innovation in materials and investment in automation point to a future-focused growth trajectory.Read more

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Investors bet big on Arunachal Pradesh as state inks MoUs worth INR 6,357 crore

30 May 2025

Arunachal Pradesh has drawn investment proposals totalling INR 6,357 crore during the Rising Northeast Investors Summit, hosted in New Delhi earlier this week. Sixteen MoUs were signed across vital sectors such as agri-biofuel, afforestation, healthcare, IT, education, tourism, and renewable energy. Key investors include Agri-Biofuel Global Ltd, Developer Group India Pvt Ltd, Inlamobi Pvt Ltd, Medhavi Group, and Farm Native Group. The state's proactive approach, led by Deputy Chief Minister Chowna Mein, has positioned Arunachal Pradesh as a promising destination for sustainable and inclusive growth.Read more

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Indore's flagship development projects set to transform the city into a sustainable urban hub

30 May 2025

Indore, renowned as the commercial capital of Madhya Pradesh, is undergoing a major transformation driven by extensive development projects aimed at boosting its infrastructure and urban ecosystem. With a population surpassing 3 million, the city's strategic importance as an industrial, commercial, and educational hub has attracted substantial investment from both state and central governments alongside private partners. Key projects such as the Indore Metro, Ring Road, Smart City Mission, airport expansion, and upgrades in water, sanitation, and industrial infrastructure are reshaping the city's landscape. These initiatives reflect a concerted effort to establish Indore as a leading example of sustainable urban growth in India.Read more

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Rajasthan moves forward with INR 12,260 crore Jaipur Metro Phase-II project

30 May 2025

Rajasthan Chief Minister Shri Bhajanlal Sharma has approved the detailed project-report for Jaipur Metro Phase-2, covering a 42.80-km stretch from Todi Mode to Prahladpura. The INR 12,260 crore project, announced in the 2025-26 state budget, will be executed by Rajasthan Metro Rail Corporation, a new 50:50 joint venture between the state and Central government. The corridor will feature 36 stations, including two underground, and connect key residential, commercial, educational, and industrial hubs such as VKI and Sitapura Industrial Areas. Construction will begin once the Union Ministry of Housing and Urban Affairs grants approval. Financing will come from financial institutions.Read more

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KARAM Safety launches portable multi gas detector to boost hazard site protection

30 May 2025

KARAM Safety recently introduced its new Portable Multi Gas Detector during its Annual Channel Partner Meet held earlier this week in Baku, Azerbaijan. Designed for hazardous work environments, this compact, rechargeable device simultaneously detects Oxygen, Hydrogen Sulfide, Carbon Monoxide, and Combustible Gases. It offers real-time alerts through visual, audible, and vibration alarms, ensuring worker safety across various industrial sectors such as oil and gas, mining, and construction. This launch reflects KARAM's ongoing commitment to advancing occupational safety with robust, field-ready solutions backed by strong technical expertise and global service support.Read more

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GMR Airports reports deeper loss for Q4 FY25, despite rise in income

29 May 2025

GMR Airports Ltd (GAL) reported a widened consolidated loss of INR 253 crore for the final quarter of FY25, compared to INR 168 crore during the same period last year, even as total income rose to INR 2,977 crore. For the full fiscal year, however, the company's loss marginally narrowed to INR 817 crore. The operator, which manages key airports including those in Delhi, Hyderabad, Goa's Mopa, and Medan in Indonesia, saw a 9% year-on-year increase in passenger traffic. A new tariff order, effective from mid-April, is expected to enhance revenues and profitability in the coming years.Read more

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Phagwara-Hoshiarpur road four-laning project begins with INR 1,058 crore investment

29 May 2025

The long-awaited four-laning of the Phagwara-Hoshiarpur road in Punjab has officially commenced, marking a major milestone in regional infrastructure. Former Union Minister Som Parkash announced that the 48.6 km highway project will be developed at a cost of ?1,058 crore, including ?500 crore for land acquisition. Laid out by Union Minister Nitin Gadkari, the project includes two bypasses, a major bridge, 11 minor bridges, 20 underpasses, a railway overbridge, 41 junctions, 28 bus lay-byes, and two truck lay-byes. Scheduled for completion in two years, the highway aims to boost connectivity, improve freight efficiency, and support local economic and commuter needs.Read more

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Reliance to invest INR 75,000 crore in North East, focusing on clean energy and regional growth

29 May 2025

Reliance Industries Ltd (RIL) has announced an investment of INR 75,000 crore in the North-Eastern region over the next five years. The plan includes setting up 350 compressed biogas plants, expanding its telecom and retail operations, enhancing solar power initiatives, and significantly contributing to healthcare and education. Chairman Mukesh Ambani shared this vision during an investors' summit, emphasising the company's aim to touch the lives of the region's 45 million residents. RIL's philanthropic arm, Reliance Foundation, will also lead the way in establishing a cancer hospital and promoting Olympic-level sports training in collaboration with state governments.Read more

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KKR to invest heavily in India with USD 6.4 billion Asia-Pacific infrastructure fund

29 May 2025

Private equity powerhouse KKR has raised a staggering USD 6.4 billion for its latest Asia-Pacific infrastructure fund, significantly surpassing its prior USD 3.9 billion fund. India has emerged as a key beneficiary of this capital, with more than one-third of the fund expected to be deployed in the country. This strategic focus is attributed to India's rapidly evolving infrastructure landscape, supported by robust government initiatives and increasing urbanisation. The fund is backed by notable global investors, and India's share signals a strong endorsement of its infrastructure growth potential.Read more

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Mumbai Metro gears up for the monsoon with robust safety and service measures

29 May 2025

The Maha Mumbai Metro Operation Corporation Limited (MMMOCL) has implemented a comprehensive monsoon preparedness strategy for Metro Lines 2A and 7 to maintain uninterrupted services and ensure commuter safety throughout the season. Under the leadership of MMRDA Chairman and Deputy CM Shri Eknath Shinde, Chief Minister Shri Devendra Fadnavis, and Metropolitan Commissioner Dr. Sanjay Mukherjee, the initiative includes technical inspections, safety reinforcements, infrastructure upgrades, and real-time monitoring. Field-level execution has also been strengthened with nodal officers, dewatering pumps, traffic management personnel, and a dedicated monsoon control room functioning round-the-clock.Read more

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YEIDA launches 206-acre tech hub near Noida International Airport, aims to boost electronics manufacturing

29 May 2025

YEIDA has initiated plans to develop a INR 450 crore tech-hub across 206 acres in Sector-10, near Noida International Airport. Backed by INR 144 crore from the Centre under the EMC 2.0 scheme and INR 340 crore from YEIDA, the hub is set to be completed by January 31, 2028. Havells, the anchor-unit, will invest INR 800 crore on a 50-acre plot to manufacture electrical-goods, creating 1,000 jobs in its first-phase. The project is expected to generate 31,000 jobs in total. The remaining land will host 66 industrial-plots, with 39 acres reserved for roads, green-belts, and infrastructure.Read more

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Ghaziabad Development Authority approves master plan, focusing on Transit-Oriented Development

29 May 2025

The Unified Master Plan 2031 for Ghaziabad has been approved by the GDA board, marking a key step in the city's development. The plan spans 33,543.1 hectares and supports Transit-Oriented Development along rapid rail, metro lines, and expressways. Key features include mixed-use zones, a Special Area Development near Duhai, and a revised Madhuban Bapudham layout. The PAHAL portal was launched for property-related services. INR 2,384 crore (USD 286 million) was allocated for acquiring land for the Harnandipuram township, with revised compensation rates. Officials believe these steps will enhance infrastructure, improve urban living, and drive Ghaziabad's planned and sustainable growth.Read more

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Uttar Pradesh commits INR 8,000 crore to transform Agra and Kanpur into global leather hubs

29 May 2025

The Uttar Pradesh government has pledged an investment of INR 8,000 crore to establish two state-of-the-art leather footwear parks in Agra and Kanpur. Aimed at modernising the sector, the initiative is expected to support MSMEs, scale up production, and strengthen exports. The parks, with a combined area of 300 acres, are already under development. This move is aligned with the government's broader push to double leather exports and foster a globally competitive manufacturing ecosystem, while encouraging private investment and sustainable practices in the leather value chain.Read more

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Maharashtra drafts integrated parking policy to curb urban congestion

28 May 2025

In an effort to combat growing vehicular congestion across Maharashtra, the State Transport Department has initiated work on a comprehensive parking policy. The proposed framework is expected to mandate vehicle buyers to show proof of available parking space before registration. Discussions were recently held between Transport Minister Pratap Sarnaik, officials from the Mumbai Metropolitan Region Development Authority (MMRDA), municipal corporations, and senior transport authorities to shape this initiative. The state has also directed municipal bodies to utilise government-owned public spaces for parking to alleviate the burden on city infrastructure.Read more

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NHAI cracks down on KNR Constructions after NH-66 embankment collapse in Kerala

28 May 2025

Following the recent failure of a reinforced earth wall on the Ramanattukara-Valanchery stretch of NH-66 in Kerala, the National Highways Authority of India (NHAI) has taken swift punitive measures against KNR Constructions Ltd. The firm, which was the concessionaire for the nearly completed project, has been barred from participating in current and future bids. The project's embankment had reportedly collapsed earlier this week, prompting a thorough investigation. Initial findings indicate negligence on the part of the contractor. The project consultant and several key officials have also faced suspensions, with further guidelines expected to prevent similar failures in future highway projects across the state.Read more

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