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

BMC clears 33 structures to push Versova–Dahisar coastal road work

27 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has removed 33 structures that were obstructing the Versova Dahisar coastal road project, helping clear a key hurdle in its execution. The move is expected to support faster on-ground progress for the project, which is part of Mumbai's larger coastal road network. The stretch has faced delays due to land constraints, environmental concerns, and regulatory approvals. With physical obstructions now being addressed, the civic body is working to streamline construction and maintain timelines for improving connectivity across the western suburbs.Read more

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Andhra Pradesh pushes investors to speed up renewable energy projects

27 Mar 2026

Andhra Pradesh Energy Minister Gottipati Ravi Kumar, during a review meeting held in Amaravati, urged investors and stakeholders to accelerate renewable energy projects and ensure timely commissioning. The discussion involved representatives of Brookfield-Axis and officials from the New and Renewable Energy Development Corporation of Andhra Pradesh Limited (NREDCAP). The Minister emphasized the need to address on-ground challenges promptly, while reaffirming government support in terms of land, infrastructure, and approvals. He also highlighted the state's Integrated Clean Energy Policy and the development of solar, wind, and pumped storage projects, particularly in the Rayalaseema region.Read more

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Delhi presents INR 1.037 lakh crore ‘Green Budget’ with focus on infrastructure, transport electrification and social schemes

27 Mar 2026

The Delhi government has presented a INR 1.037 lakh crore budget for FY27, outlining allocations across infrastructure, urban development, transport and social welfare. The budget designates 21 per cent of total spending towards environmental initiatives, while key sectors such as education, health, transport and urban development receive significant allocations. Measures include expansion of electric public transport, road upgrades, water and sewage infrastructure, and new urban facilities. The plan also introduces welfare schemes covering healthcare, women's support and education, alongside proposals for semiconductor policy development and disaster management infrastructure. The budget reflects a combined focus on urban infrastructure, environmental measures and service delivery improvements.Read more

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Highway projects face cost overruns and delays due to West Asia supply disruptions

27 Mar 2026

National highway projects in India are facing cost increases of around 5-8% along with delays due to supply disruptions linked to the ongoing West Asia conflict. Key construction inputs such as bitumen, steel, cement and fuel have become costlier, with some prices rising up to 25%. Logistics challenges, higher freight and insurance costs are also affecting execution timelines. Developers are relying on contract clauses and alternative sourcing to manage the impact, while also seeking relief measures from authorities as the situation adds pressure to already delayed projects.Read more

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Indian Railways introduces stricter contract rules to improve project execution

27 Mar 2026

Indian Railways has revised its contract execution framework to improve construction quality and reduce delays in infrastructure projects. Contractors bidding for projects above INR 10 crore will now be evaluated for execution capacity, while limits have been placed on subcontracting to ensure accountability. Additional safeguards such as mandatory execution plans and extra performance guarantees for unusually low bids have been introduced. The Railways has also rolled out changes in freight handling and passenger services, including new wagon designs and updated ticketing rules, as part of broader efforts to improve efficiency and service delivery.Read more

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Illegal borewell drilling damages Pune Metro tunnel, contractor and homeowner booked

Pune News Desk

27 Mar 2026

An unauthorised borewell drilling activity in Pune led to damage inside an underground metro tunnel on the Shivajinagar Swargate corridor. The drilling created a six-inch hole in the tunnel roof, causing water seepage and raising safety concerns. Police have booked both the contractor and the property owner for negligence and for endangering public infrastructure. The incident was traced after metro officials detected leakage during inspection. It has again highlighted the risks of unregulated excavation work in dense urban areas with critical underground infrastructure.Read more

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BMC sets 7-day deadline for Andheri West fire station land handover

Mumbai News Desk

27 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has issued a seven-day deadline for handing over a plot reserved for a fire station in Andheri West, highlighting delays in strengthening emergency infrastructure. The civic body has warned that it may begin acquisition proceedings if the land is not transferred within the given timeframe. The planned facility is important for improving fire response in one of Mumbai's most densely populated suburbs. The case reflects ongoing challenges in securing reserved public amenity plots and the need for faster coordination between authorities to implement city infrastructure plans.Read more

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Structural audit likely for Vikramshila Setu after temporary ring damage

27 Mar 2026

Concerns have been raised over the condition of Vikramshila Setu after damage was reported to a temporary jacket ring around one of its pillars. Authorities are considering a structural audit to examine the overall safety and integrity of the bridge. Officials have clarified that the issue is limited to a non-structural auxiliary component and does not affect the main load-bearing structure. Despite this, precautionary inspections and monitoring are being prioritised to ensure continued safe use of the bridge for daily and commercial traffic.Read more

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IRFC signs INR 12,842 crore loan agreement to refinance HURL debt

27 Mar 2026

Indian Railway Finance Corporation (IRFC) has signed a refinancing agreement with Hindustan Urvarak and Rasayan Limited (HURL) for up to INR 12,842 crore. The deal aims to restructure HURL's existing debt into a more sustainable repayment plan aligned with its cash flows. This is expected to ease financial pressure and improve long-term stability. The move also highlights IRFC's strategy to expand beyond railway financing into linked infrastructure sectors. HURL's fertiliser plants, which are connected to rail logistics, continue to play an important role in domestic urea production.Read more

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South Central Railway records highest-ever ticket checking revenue driven by stricter enforcement

27 Mar 2026

South Central Railway has recorded its highest-ever ticket checking revenue in the current financial year, collecting over INR 223 crore and exceeding the Railway Board's target ahead of schedule. The earnings were driven by penalties imposed on passengers travelling without valid tickets, irregular journeys, and unbooked luggage. The zone also conducted large-scale enforcement drives, including a single-day high collection during intensive checks earlier in the year. Officials attributed the growth to consistent monitoring, stricter enforcement, and increased adoption of digital ticketing systems, which together improved compliance across the network.Read more

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JNPA plans NSICT extension with higher royalty to enable future terminal merger

27 Mar 2026

Jawaharlal Nehru Port Authority (JNPA) is considering extending DP World's Nhava Sheva International Container Terminal (NSICT) concession beyond 2028 by four years, along with an annual royalty increase. The move is aimed at aligning NSICT's tenure with the adjacent NSIGT terminal so both can be merged and auctioned as a single larger facility. This is expected to improve capacity utilisation and revenue potential. However, the proposal also raises policy concerns, as earlier commitments indicated that both terminals would be bid out without extending existing agreements.Read more

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Bhubaneswar civic body halts construction at Nandan Vihar housing project following resident complaints and alleged regulatory violations

26 Mar 2026

The Bhubaneswar Municipal Corporation has issued a stop-construction order against a housing project in Nandan Vihar after residents flagged multiple violations, including unauthorised expansion and non-compliance with regulatory approvals. The action follows complaints by the residents welfare association regarding ongoing construction despite rejection of the project's expansion by the Odisha Real Estate Regulatory Authority earlier this year. Allegations include lack of mandatory permissions, failure to complete committed infrastructure, and breach of approved building norms. The civic authority has directed the developer to halt all work pending further examination, while deploying inspectors to ensure compliance. The case highlights increasing scrutiny of residential developments in Bhubaneswar amid rising disputes over adherence to planning and regulatory frameworks.Read more

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Navi Mumbai flamingo lakes face rising pollution concerns after wetland warning by environmentalists

26 Mar 2026

Environmentalists in Navi Mumbai have raised serious concerns after laboratory tests indicated that three major flamingo lakes DPS Lake, NRI Lake, and T S Chanakya Lake have shown signs of high pollution and ecological imbalance. These wetlands, which support migratory flamingos and other biodiversity, appear to be affected by stagnant water, disrupted tidal flow, and contamination. Activists have highlighted weak regulatory oversight and ongoing urban pressures as key factors contributing to the situation, warning that continued degradation may further impact the region's fragile wetland ecosystem and its ecological functions.Read more

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Ulhasnagar demolition contracts under scrutiny over alleged irregular payments for salvage-based work

26 Mar 2026

Demolition contracts awarded by the Ulhasnagar Municipal Corporation have come under scrutiny following allegations that contractors were paid crores of INR for work that typically generates revenue through salvaged materials. A corporator has raised concerns over possible irregularities in how payments were made during multiple demolition projects carried out over the past few years. The issue has prompted questions about contract structure, accounting of recovered materials, and overall expenditure. The civic body has been asked to clarify its payment methodology and is expected to submit detailed records for review.Read more

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Only one bidder shows interest in INR 980 crore Deonar abattoir upgrade

Mumbai News Desk

26 Mar 2026

The Brihanmumbai Municipal Corporation has received only one bid for its INR 980 crore Deonar abattoir modernisation project despite extending deadlines multiple times. The initiative aims to upgrade the existing slaughterhouse into a modern, hygienic facility under a structured development plan that includes public-private participation for specific animal processing units. The limited participation has led the civic body to review the technical suitability of the bid before moving ahead. The situation also highlights challenges in attracting bidders for large-scale urban infrastructure and redevelopment projects in Mumbai.Read more

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Andhra Pradesh lays foundation for INR 1.36 lakh crore mega steel plant in Anakapalli

26 Mar 2026

Andhra Pradesh has taken a major step toward industrial growth with the foundation of a INR 1.36 lakh crore steel plant by ArcelorMittal Nippon Steel India in Anakapalli district. Planned in two phases with a total capacity of 17.8 million tonnes per annum, the project is expected to generate around one lakh jobs. A captive port and supporting infrastructure are also part of the plan. The state government sees this as a key move to strengthen its manufacturing base, improve logistics, and position Andhra Pradesh as a leading steel and industrial hub in India.Read more

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Raajmarg Infra Investment Trust units rise on debut after strong investor demand

26 Mar 2026

Raajmarg Infra Investment Trust, sponsored by the National Highways Authority of India, saw its units list with a gain of around 7-8 per cent on its trading debut earlier this week. The units opened above the issue price on both major stock exchanges, reflecting positive investor sentiment. The trust had recently completed a Rs 6,000 crore initial public offering, which received strong subscription of over 13 times during the offer period held over a three-day window. Its initial portfolio includes five toll road assets across multiple states operating under a concession-based toll-operate-transfer model.Read more

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Rajasthan plans tourism-led development around Mahi Dam with focus on ‘Hundred Islands’ region

26 Mar 2026

The Rajasthan government is preparing a master plan to develop the area surrounding the Mahi Dam in Banswara district as a tourism destination, with emphasis on the Hundred Islands region within its reservoir. A committee comprising senior administrative and technical officials has been constituted to guide land use, environmental safeguards and tourism activities. The initiative aims to promote regulated, eco-friendly tourism while ensuring water conservation and local employment generation. The project seeks to integrate infrastructure planning with environmental protection in a region already known for its natural landscape and visitor appeal.Read more

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Kolkata Metro project faces delays as Supreme Court flags state-level hurdles

26 Mar 2026

The Supreme Court has criticised the West Bengal government for delaying work on the Kolkata Metro's Orange Line, particularly at the Chingrighata crossing. The court refused to accept the state's request to defer construction, stating that infrastructure projects cannot be stalled due to administrative or political reasons. It directed continued monitoring by the Calcutta High Court to ensure progress. The delay has been linked to traffic management concerns and lack of coordination. The corridor is important for connecting south Kolkata with Salt Lake Sector V, a key commercial and IT hub.Read more

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APCRDA receives ET GovTech Gold Award for digital urban planning platform in Amaravati

26 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has been recognised with the ET GovTech Award 2026 (Gold) in New Delhi for its Integrated Digital Urban Planning & Governance Platform. The recognition highlights the authority's efforts in adopting advanced technologies such as digital twin systems and ICT tools to support efficient and transparent urban development in Amaravati. The acknowledgment was received during a recent award event and was also noted as a significant moment coinciding with Ugadi, reinforcing the broader vision of developing Amaravati as a technology-driven and well-planned capital region.Read more

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