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

Nashik civic body extends deadline for utility works on Kumbh-linked roads

23 Mar 2026

The Nashik Municipal Corporation has extended the deadline for completing utility works on 28 key roads linked to the 2027 Simhastha Kumbh Mela. The move allows additional time for laying underground infrastructure such as water pipelines, drainage lines, gas pipelines, and optical fibre networks before road construction begins. These roads are part of a larger infrastructure push worth around INR 1,270 crore aimed at improving connectivity across Nashik and Trimbakeshwar. The extension reflects coordination challenges among agencies, while ensuring that roads are not repeatedly dug up after completion.Read more

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Delhi plans up to INR 1 lakh incentive to push shift to electric vehicles

Delhi News Desk

23 Mar 2026

The Delhi government is preparing a revised electric vehicle policy to encourage people to replace older vehicles with cleaner options. The proposal includes incentives of up to INR 1 lakh for electric car buyers linked to scrappage, along with benefits for two- and three-wheelers. Additional relief through road tax and registration fee exemptions is also planned until 2030. The policy builds on earlier efforts but aims to address slow adoption in private vehicle segments by offering more targeted and time-bound incentives.Read more

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Patiala–Patran highway four-laning awaits state proposal for approval

23 Mar 2026

Patiala MP Dharamvira Gandhi has urged the Centre to approve the four-laning of the Patiala Patran stretch of Punjab's State Highway 10, highlighting its growing traffic and safety concerns. The 75 km route connects Patiala, Samana, Ghagga, and Patran, serving as an important link for local trade and movement towards Haryana and Delhi. The Union government has clarified that the project can only be considered if the Punjab government submits a formal proposal, a requirement under initiatives such as PM Gati Shakti.Read more

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Delhi PWD steps up road quality checks with random project inspections

Delhi News Desk

22 Mar 2026

Delhi's Public Works Department (PWD) has introduced random inspections across road projects to improve construction quality and durability. Engineers will conduct on-site checks using modern equipment to assess materials and execution during different stages of construction. The move aims to detect issues early, reduce delays, and ensure accountability among contractors. The department is also working on setting up in-house testing facilities to speed up verification processes. This comes as Delhi undertakes large-scale road repairs and redevelopment to improve overall urban infrastructure and reduce recurring maintenance problems.Read more

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Government plans insurance support system for shipping firms amid West Asia risks

22 Mar 2026

The central government is working on a dedicated insurance support mechanism for shipping companies as risks rise due to the ongoing West Asia conflict. The proposal includes setting up a domestic protection and indemnity (P&I) structure and a war-risk insurance fund of around INR 1,000 crore. Global insurers have reduced exposure to high-risk routes like the Strait of Hormuz, leading to higher premiums and limited coverage. The move aims to ensure smoother trade operations, reduce reliance on foreign insurers, and support Indian shipping firms and exporters facing cost pressures.Read more

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MCD steps up borewell repairs to prevent water shortage in parks

22 Mar 2026

The Municipal Corporation of Delhi has started repair and maintenance work on borewells across city parks to ensure water availability during the summer months. Around 3,500 borewells support over 15,200 parks, many of which depend fully on groundwater for irrigation. Funds are being released zone-wise and tenders are being processed to complete the work on time. The move comes after last year's maintenance delays led to water shortages in several parks. Officials are also checking non-functional equipment to improve reliability and reduce dependence on tanker supply.Read more

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Karnataka pushes for higher building limits near Bengaluru airports

Bangalore News Desk

22 Mar 2026

The Karnataka government has requested the Centre to review building height restrictions around key aviation zones in Bengaluru, stating that they are affecting real estate development and limiting efficient land use. Deputy Chief Minister D. K. Shivakumar raised the issue with Kinjarapu Ram Mohan Naidu, seeking flexibility similar to other metro cities. The restrictions impact multiple airport and defence-linked areas, reducing the feasibility of vertical projects. The state is also working on long-term infrastructure plans, including a second airport and urban expansion measures.Read more

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Indore Metro completes 80 kmph trial run, awaits final safety clearance

Indore News Desk

22 Mar 2026

Indore Metro has completed high-speed trials at 80 kmph on an extended stretch, marking a key step before expanding passenger operations. The Commissioner of Metro Rail Safety (CMRS) carried out detailed inspections of stations, systems, and safety mechanisms, including emergency braking and signalling checks. With inspections now complete, the project is awaiting the final No Objection Certificate. Once approved, the operational corridor will increase from 6 km to around 17.5 km, improving connectivity between the airport zone and major commercial areas such as Vijay Nagar.Read more

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NDMC begins pilot for 24x7 water supply in Vinay Marg area

Delhi News Desk

22 Mar 2026

The New Delhi Municipal Council has started a pilot project to provide round-the-clock drinking water supply in the Vinay Marg area, covering about 550 connections, mainly government housing. The initiative focuses on improving supply reliability, reducing water losses, and upgrading infrastructure using systems like SCADA for real-time monitoring. With an estimated cost of around INR 1.38 crore, the project includes pipeline strengthening and network optimisation. It is part of a broader plan to modernise water distribution and, if successful, may be expanded to other NDMC areas.Read more

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Centre approves survey for Hyderabad regional ring rail project to prepare DPR and assess feasibility

21 Mar 2026

The Union government has approved a survey for the proposed Hyderabad Regional Ring Rail project, marking an initial step towards developing a rail network aligned with the Regional Ring Road (RRR) corridor. The approval, granted in the past week by the Ministry of Railways, will enable preparation of a Detailed Project Report (DPR) in coordination with the Telangana government. The proposed rail system is intended to enhance connectivity between Hyderabad and surrounding districts, while integrating with existing transport infrastructure. The project is expected to support passenger and freight movement, particularly across emerging industrial and peri-urban zones. The survey will assess alignment, technical feasibility, and cost parameters before further approvals from central agencies are considered.Read more

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Lucknow Development Authority strengthens monitoring of illegal constructions with drones and satellite surveys

Lucknow News Desk

21 Mar 2026

The Lucknow Development Authority (LDA) has adopted drones and satellite imagery to strengthen enforcement against unauthorised constructions and land-use violations. Initial surveys have focused on residential plots along major roads where some properties were being used for offices, showrooms, and retail without approved land-use changes. By combining GPS data, geospatial mapping, and aerial imagery, the authority is identifying deviations like unauthorised floors and layout changes. Over 5,000 illegal constructions have already been detected and sealed. Regular six-monthly surveys across all city zones are planned for ongoing compliance and prompt action.Read more

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High-speed rail push and connectivity upgrades reposition Tier-II and Tier-III cities as emerging real estate growth centres

Santosh Agarwal, Executive Director & CFO, Alpha Corp Development Limited

21 Mar 2026

Policy focus on infrastructure expansion, particularly high-speed rail corridors announced in the Union Budget 2026-27, is expected to accelerate the growth of Tier-II and Tier-III cities as key real estate and economic centres. Proposed corridors such as Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, and Delhi Varanasi aim to reduce travel time and improve inter-city mobility, linking smaller cities with major economic hubs. Improved connectivity is driving demand for residential, commercial, and logistics developments in these markets, supported by lower land costs and expanding employment opportunities. The shift reflects a broader move towards decentralised urbanisation, as developers and investors increasingly explore opportunities beyond Tier-I cities, where rising costs and congestion have constrained further expansion.Read more

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Centre explores Namo Bharat rapid rail link between Bhubaneswar and Cuttack as alternative to metro proposal

21 Mar 2026

The Union government is examining the introduction of a Namo Bharat rapid rail service between Bhubaneswar and Cuttack to strengthen regional connectivity in Odisha. Announced in the past week by Railway Minister Ashwini Vaishnaw, the proposal involves operating high-frequency trains on a new railway line currently under consideration. The service is expected to run at intervals of around 30 minutes, offering a cost-effective alternative to the previously proposed metro project, which had an estimated cost of INR 6,255 crore. The plan is aimed at improving commuter mobility between the twin cities, which function as a single urban cluster with high daily traffic movement. The initiative forms part of broader efforts to expand semi-high-speed rail-based urban transit systems across emerging metropolitan regions.Read more

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Delhi civic body launches digital portal for construction waste collection to curb illegal dumping and improve tracking

Delhi News Desk

21 Mar 2026

The Municipal Corporation of Delhi (MCD) has introduced an online portal to streamline the collection and disposal of construction and demolition (C&D) waste across the capital, enabling residents, developers, and contractors to request pickups through a digital interface. Launched in the past week, the platform connects users with authorised transporters and provides end-to-end tracking of waste movement to designated processing facilities. The initiative aligns with the C&D Waste Management Rules, 2025, and aims to address large volumes of debris generated daily in the city. Authorities have allowed free collection for waste up to one metric tonne, with prescribed charges beyond that limit. The system is expected to strengthen compliance, reduce unauthorised dumping, and support recycling efforts in Delhi's construction sector.Read more

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Pune Metro’s Hinjewadi–Shivajinagar line completion pushed further as execution challenges delay timeline

Pune News Desk

21 Mar 2026

The completion timeline for the Hinjewadi Shivajinagar Metro corridor in Pune has been deferred again, with authorities citing construction and coordination challenges affecting progress. The project, being implemented by Pune IT City Metro Rail Limited (PITCMRL), is a key urban transit link connecting the city centre with the Hinjewadi IT hub. Initially targeted for earlier completion phases, the revised schedule now extends the delivery timeline beyond previous projections. The delay is attributed to land acquisition issues, utility shifting, and complexities in executing elevated structures along congested stretches. The corridor is expected to significantly ease traffic congestion upon completion, but repeated timeline revisions have raised concerns around execution pace and project management in large-scale urban infrastructure developments.Read more

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Borivali’s transformation gathers pace as redevelopment and infrastructure upgrades reshape the western suburb’s housing market

Mr. Rohit Garodia, Founder and Managing Partner, Pecan Realty.

21 Mar 2026

Borivali, long regarded as a stable suburban residential destination in Mumbai's western corridor, is undergoing a structural transformation driven by redevelopment activity, infrastructure expansion and the entry of large developers. Over the past few years, several branded developers have launched high-rise residential projects, introducing larger gated communities and premium housing formats to the suburb. Improved connectivity through Metro Line 2A and other planned infrastructure projects has strengthened its accessibility across the Mumbai Metropolitan Region. At the same time, large-scale redevelopment of ageing housing societies is changing the built environment and adding new housing supply. Rising homebuyer demand, supported by established social infrastructure and a strong end-user base, is gradually positioning Borivali as one of Mumbai's emerging premium residential micro-markets.Read more

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Cement stocks gain as companies expected to raise prices to manage rising costs

21 Mar 2026

Cement stocks moved higher in the past week as expectations grew that companies may increase prices to pass on rising input costs, mainly fuel and energy. This has improved sentiment after a period of weak pricing power and margin pressure. Brokerages believe price hikes could support profitability in the near term. The sector has been impacted by high costs and competitive intensity, but consolidation and steady demand from infrastructure and real estate are offering support. The recent rally reflects cautious optimism around margin recovery and better pricing discipline.Read more

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XLRI signs agreement with APCRDA to set up 61.7-acre campus in Amaravati

21 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed an agreement for sale with XLRI Xavier School of Management to establish a new campus in Amaravati. The institute plans to develop the campus on a 61.7-acre land parcel with an estimated investment of around INR 300 crore. In its first phase, the campus will accommodate about 1,000 students and offer executive education programmes for around 200 professionals. The project is expected to strengthen Amaravati's education ecosystem and support the state government's plan to position the capital region as a hub for reputed national and international educational institutions.Read more

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Chennai Metro’s Poonamallee–Vadapalani line opening postponed until after elections

Chennai News Desk

20 Mar 2026

The 14.6 km Chennai Metro stretch between Poonamallee Bypass and Vadapalani is now expected to open only after state assembly elections, due to restrictions under the model code of conduct and the desire for a full ceremonial launch. Conditional safety approvals have been granted, but final deck slab installations, signalling system adjustments, and incomplete stations remain. Initial services will operate on a limited schedule with selective station stops, gradually expanding as remaining stations and infrastructure are ready, providing much needed connectivity for west and central Chennai commuters.Read more

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Powerica’s Rs 1,100 crore IPO set to open with debt reduction as key focus

20 Mar 2026

Powerica Ltd, a provider of integrated power solutions, is launching a Rs 1,100 crore initial public offering, combining a fresh share issue of Rs 700 crore with an offer for sale of Rs 300 crore by promoters. The IPO, priced at Rs 375-395 per share and valuing the company at around Rs 5,000 crore, will primarily fund debt reduction. Bidding for anchor investors will occur before the public subscription opens, with the stock expected to debut in early April. The company has seen revenue growth, though net profit has declined recently.Read more

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