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

Allahabad High Court pauses demolition of 48 properties in Auraiya, seeks state reply

23 Apr 2026

The Allahabad High Court has stopped the proposed demolition of 48 residential and commercial properties in the Dibiyapur area of Auraiya district and ordered maintenance of status quo. The court has asked the state government to file its response within a week after petitioners challenged the demolition action linked to a government order. The matter was brought before the court on an urgent basis as demolition was expected to begin on April 16. The next hearing is scheduled for April 29, when further directions will be considered.Read more

cover photo

Air India to retrofit 8 Boeing 787-8 aircraft in 2026

23 Apr 2026

Air India plans to complete retrofitting of eight legacy Boeing 787-8 aircraft within the current year as part of its fleet modernisation programme. The airline has already inducted its first upgraded aircraft, featuring a three-class configuration with business, premium economy and economy seating. The retrofit programme covers 26 legacy Boeing 787-8 planes, forming a key part of Air India’s long-haul operations. The airline expects to complete 85 per cent of the upgrades by 2027, with full completion targeted by early 2028. The initiative is part of the Tata Group-owned carrier’s broader transformation strategy to improve customer experience and operational efficiency.Read more

cover photo

Adani Enterprises forms 3 airport city units for real estate, hotel projects

23 Apr 2026

Adani Enterprises Limited has incorporated three wholly owned subsidiaries through its step-down unit Adani Airport City Limited to drive real estate and hospitality development across key airport locations. The new entities—Adani Navi Mumbai Airport City, Adani Guwahati Airport City and Adani Ahmedabad Airport City—will undertake construction and operate hotels with integrated facilities such as restaurants, banquets and business centres. Each entity has been set up with a paid-up capital of INR 10 lakh. The move aligns with the group’s broader airport city expansion strategy and its planned USD 15 billion investment to scale airport infrastructure and associated developments.Read more

cover photo

Haryana explores Glydways pod taxi system to ease urban congestion

23 Apr 2026

Haryana is evaluating the introduction of the Glydways pod taxi system to improve urban transport in high-density cities. The proposal was discussed with Suzuki Motor Corporation and Glydways, focusing on feasibility, route planning, and funding through a PPP model. Gurugram has been identified as a likely starting point due to rising congestion. The system uses small, driverless pods on dedicated tracks and is expected to reduce travel time and emissions. The plan also aligns with the central government's Urban Challenge Fund aimed at supporting innovative mobility solutions.Read more

cover photo

Centre explores mobilising insurance and pension funds for infrastructure financing, sets up panel to boost long-term capital

23 Apr 2026

The central government is working to increase infrastructure funding from domestic long-term capital sources such as insurance companies and pension funds, aiming to reduce reliance on traditional financing channels. A dedicated panel has been constituted to examine mechanisms to deploy such “patient capital” more effectively in large-scale infrastructure projects. The move comes amid rising capital expenditure requirements and growing maturity obligations across sectors such as transport, urban infrastructure and energy. By tapping institutional investors with long-term liabilities, the government aims to improve funding stability, deepen capital markets, and support sustained infrastructure development across the country.Read more

cover photo

Supreme Court says road safety is part of right to life, issues highway safety directions

23 Apr 2026

The Supreme Court has ruled that safe road travel is a part of the right to life under Article 21, stressing that authorities must ensure safer highways and expressways. While hearing a suo motu case linked to serious road accidents, the Court issued nationwide directions aimed at reducing preventable deaths. It highlighted that highways carry a high share of fatalities despite forming a small part of the road network. The Court also ordered stricter enforcement against illegal parking, encroachments, and poor monitoring systems across states.Read more

cover photo

Pune corporators push for metro expansion to Pirangut, Dehu Road and Alandi Road

Pune News Desk

23 Apr 2026

Pune's metro expansion plans have received fresh proposals from corporators seeking better connectivity across emerging residential and industrial areas. Suggestions include extending the Vanaz Chandni Chowk line to Pirangut, developing a new Katraj Dehu Road corridor, and expanding the Yerawada route towards Vishrantwadi, Alandi Road and Lohegaon airport. These proposals were placed before the civic committee for review. The move builds on ongoing and previously approved metro expansions, reflecting growing demand for improved public transport in fast-developing peripheral areas of the city.Read more

cover photo

Three underpasses at Mukarba Chowk near completion to ease key traffic congestion

22 Apr 2026

The construction of three underpasses at Mukarba Chowk in north Delhi is nearing completion and is expected to open soon, aiming to ease congestion at one of the city's busiest intersections. The project includes two vehicular underpasses and one for pedestrians and non-motorised users, improving connectivity between Rohini, Badli, Azadpur and Jahangirpuri. Designed to handle around 15,800 vehicles daily, the project is expected to reduce travel time by up to 10 minutes. It will also help lower fuel consumption and emissions while improving pedestrian safety and traffic flow on the Outer Ring Road.Read more

cover photo

IndiGo backs Sarla Aviation with equity investment to enter air taxi space

22 Apr 2026

IndiGo has taken a minority stake in Bengaluru-based Sarla Aviation as it looks to enter the electric air taxi segment. The investment of around INR 10 crore was made through its venture arm and marks a renewed push into urban air mobility after an earlier global partnership did not progress. Sarla Aviation is developing a six-seater eVTOL aircraft and plans to launch services in Bengaluru by 2028. The company has already raised over USD 13 million and is also planning a large manufacturing facility in Andhra Pradesh.Read more

cover photo

Bina Puri unit secures INR 156.4 million road construction contract in Sarawak

22 Apr 2026

Bina Puri Holdings Bhd has announced that one of its subsidiaries has accepted a road construction contract valued at INR 156.4 million in Sarawak, Malaysia. The project is located in the Simunjan area within the Samarahan division and adds to the company’s ongoing infrastructure portfolio. The group has been actively securing civil engineering and construction projects in recent years to strengthen its order book. This latest contract is expected to contribute positively to its earnings visibility and reflects continued activity in regional infrastructure development.Read more

cover photo

Atal Setu–Mumbai–Pune link sees steady progress with key structural work nearing completion

22 Apr 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has made steady progress on the 7.35 km Atal Setu–Mumbai–Pune Expressway connector, completing a significant portion of its foundation and structural work. The project is designed to provide direct, signal-free connectivity between Mumbai and Pune while improving access to Navi Mumbai and the upcoming Navi Mumbai International Airport. Once operational, the corridor is expected to reduce travel time, improve logistics movement, and support regional growth under the Mumbai 3.0 vision, while also easing congestion in the island city through better infrastructure distribution.Read more

cover photo

Maharashtra to open private centres for faster property registrations

22 Apr 2026

The Maharashtra government has approved the rollout of 60 privately operated property registration centres to improve efficiency and reduce congestion at existing sub-registrar offices. The centres will function alongside over 500 government facilities, with private operators managing infrastructure and front-end services while registration authority remains with government officials. The initiative will be implemented in phases, beginning with key cities such as Mumbai, Pune, Thane and Nagpur. Users opting for these centres will pay an additional service fee for improved amenities and faster processing. The move reflects a broader push to modernise property registration processes and enhance user experience, though concerns have been raised regarding added costs and the need to upgrade existing public infrastructure.Read more

cover photo

INR 90,000 crore urban challenge fund to drive city infrastructure upgrades

22 Apr 2026

The central government has operationalised the Urban Challenge Fund with a total outlay of INR 1 lakh crore, allocating INR 90,000 crore for city infrastructure projects. The scheme will support redevelopment of older urban areas, market upgrades, and mobility improvements. Unlike earlier programmes, it will provide limited central funding while pushing cities to raise a majority of funds through market sources like municipal bonds and PPPs. With additional provisions for project preparation and credit support, the initiative is aimed at improving infrastructure quality and financial capacity, especially in Tier-II and Tier-III cities.Read more

cover photo

Ahmedabad real estate hit by material shortage and labour crunch, slowing project execution

Ahmedabad News Desk

22 Apr 2026

Ahmedabad’s real estate sector is currently facing operational pressure due to shortages of key construction materials and a declining availability of labour. Developers have reported disruption in project execution as items like aluminium pipes, CPVC products, ceramics, and electrical fittings are not consistently available in the market. Along with supply issues, unstable pricing is affecting budgeting and cost planning. At the same time, a shortage of skilled and semi-skilled workers is slowing construction activity, leading to delays in project timelines and added strain on margins across ongoing developments in the city.Read more

cover photo

India pushes LPG pipeline expansion to cut road transport dependence

22 Apr 2026

India’s oil and gas regulator, Petroleum and Natural Gas Regulatory Board, has initiated a nationwide push to develop liquefied petroleum gas (LPG) pipeline infrastructure aimed at reducing reliance on road-based transportation and improving supply efficiency. The plan includes nine identified pipeline projects, with bidding underway for four major routes spanning roughly 2,500 km. These projects are expected to attract investments of around INR 12,500 crore. The initiative seeks to enhance safety, reduce transit losses, and lower emissions by gradually replacing bulk LPG tanker movement. The regulator also indicated that pipeline-based transportation could play a key role in strengthening energy security, supporting India’s cleaner fuel transition, and improving connectivity between refineries, import terminals and bottling plants across regions.Read more

cover photo

Germany sees steady rise in apartment construction permits

22 Apr 2026

Germany’s apartment construction sector has shown signs of recovery, with permits rising notably in February. Data from the country’s statistics office indicates a 24% year-on-year increase, adding 4,300 units to reach a total of 22,200 permits. This follows a turnaround seen in 2025, when housing permits recorded growth after three consecutive years of decline. Building permits are considered an early indicator of future construction activity. The recent rise suggests gradual improvement in the sector, which had been under pressure due to high interest rates and elevated material costs.Read more

cover photo

SWREL secures INR 3,550 crore solar EPC orders

22 Apr 2026

Sterling and Wilson Renewable Energy Ltd secured new engineering, procurement and construction (EPC) orders worth over INR 3,550 crore, including a major solar project from Coal India Ltd. The largest contract involves an 875 MW solar PV project in Bikaner, Rajasthan, valued at around INR 3,490 crore, including operations and maintenance. The company also received a 50 MW project order in Maharashtra from a private independent power producer. With these additions, SWREL’s EPC order inflows for FY26 have crossed INR 10,062 crore, surpassing its initial annual targets and reflecting strong momentum in utility-scale renewable project execution.Read more

cover photo

NaBFID and PDCOR sign pact to boost infrastructure advisory

22 Apr 2026

National Bank for Financing Infrastructure and Development has entered into a memorandum of agreement with Projects Development Company of Rajasthan Limited to strengthen advisory and financing support for infrastructure projects across states and urban local bodies. The partnership focuses on transaction structuring, technical and commercial due diligence, and facilitating financial closure for projects. The collaboration is aimed at improving project preparation quality, accelerating execution timelines, and mobilising institutional capital more efficiently. It also seeks to address long-standing gaps in end-to-end professional support for infrastructure financing, particularly at the state level. The agreement reflects a broader push to enhance structured financing mechanisms and support sustainable infrastructure development across India’s urban and regional ecosystems.Read more

cover photo

Lucknow Kanpur expressway toll fixed at INR 275, annual pass at INR 3,075 for frequent users

22 Apr 2026

The Lucknow Kanpur Expressway has introduced a flat toll of INR 275 for cars, with a return journey within 24 hours priced at INR 475. An annual pass costing INR 3,075 has also been launched, allowing up to 200 trips and lowering the effective per-trip cost for regular commuters. The access-controlled corridor is expected to reduce travel time between the two cities to under an hour and ease congestion on the existing highway. The pricing structure is aimed at balancing commuter convenience with operational costs while promoting smoother traffic flow.Read more

cover photo

PWD begins compensation claim process for Ponda Bhoma highway expansion

22 Apr 2026

The Public Works Department has initiated the compensation claim process for land acquired for the Ponda Bhoma highway expansion in Goa. Around 46,308 square metres of land across multiple villages has been notified, and affected landowners have been asked to submit claims. The project includes widening works, flyovers, and underpasses to ease traffic congestion. The construction contract worth INR 273 crore has already been awarded, though the work order is still pending. The project has faced local resistance earlier, mainly over land acquisition and impact on structures.Read more

cover photo