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

Pune mandates sensors in housing societies to monitor sewage treatment

Pune News Desk

08 Mar 2026

Pune Municipal Corporation (PMC) has instructed nearly 750 housing societies with over 100 flats to install sensors on their sewage treatment plants (STPs). The sensors will provide real-time data to a central PMC unit, ensuring STPs operate efficiently and preventing untreated wastewater discharge. The move complements previous regulations requiring local sewage treatment and builds on technology used in the Mula Mutha River Pollution Abatement Project. PMC also plans air quality monitoring at construction sites, upgrades to six existing STPs, and development of 11 new plants under AMRUT funding, increasing capacity to 1,000 MLD.Read more

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Bhumi Pooja marks beginning of Chinmaya Vidyalaya in Amaravati

08 Mar 2026

Chinmaya Vidyalaya is set to be established in Amaravati with a Bhumi Pooja and foundation stone laying ceremony conducted by Swami Swaroopananda, the Global Head of Chinmaya Mission. Minister Nadendla Manohar and MLA Tenali Sravan Kumar attended the event, showing support for the new school. The institution will occupy 3 acres in Nelapadu and is expected to strengthen the educational framework in the capital. Officials also provided detailed explanations of layouts related to the Negotiated Settlement Policy in Mandam village, highlighting careful planning and execution for the project.Read more

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VMRDA pushes departments to speed up key road widening works in Visakhapatnam region

Visakhapatnam News Desk

08 Mar 2026

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has directed officials to speed up several important road widening works across the Visakhapatnam metropolitan region to strengthen connectivity and ease traffic movement. Metropolitan Commissioner N. Tej Bharath reviewed the progress of multiple projects including the Adavivaram Shonthyam, Veppagunta Pinagadi, and Gambheeram Nerellavalasa Tallavalasa road stretches. During the inspection, officials were instructed to accelerate land acquisition, clear utility obstacles such as electrical poles, and ensure timely compensation or Transferable Development Rights (TDR) certificates for affected landowners. The projects are part of broader infrastructure efforts aimed at improving urban mobility as the city continues to expand.Read more

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Ahmedabad shifts long-term urban planning focus to development plan for 2041

Ahmedabad News Desk

07 Mar 2026

Planning authorities in Ahmedabad have started preparing a new Development Plan targeting 2041, extending the city's planning horizon from the usual 10-year cycle to a 20-year framework. The move is linked to long-term infrastructure requirements, including preparations associated with the proposed 2036 Olympic Games bid involving Ahmedabad and Gandhinagar. The Ahmedabad Urban Development Authority has initiated the process by setting up a dedicated planning unit and seeking technical assistance from national agencies and consultants. The plan will guide urban expansion beyond the Sardar Patel Ring Road, identify land for large infrastructure and sports facilities, and include a mid-term review after ten years.Read more

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Safety inspection conducted on Velachery–St Thomas Mount MRTS section ahead of planned launch

07 Mar 2026

The Velachery St Thomas Mount extension of Chennai's Mass Rapid Transit System (MRTS) moved closer to operations after the Chief Commissioner of Railway Safety carried out the mandatory inspection of the corridor. The inspection included a speed trial, verification of track quality, signalling systems, electrification infrastructure and passenger amenities. The 4.5-km elevated stretch includes three stations and has been developed at an estimated cost of about INR 734 crore. The project has faced several delays since it was first proposed due to land acquisition issues, coordination with other infrastructure works and technical challenges.Read more

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Pune civic body demolishes 78,000 sq ft of illegal constructions in major enforcement drive

Pune News Desk

07 Mar 2026

The Pune Municipal Corporation (PMC) carried out a large demolition drive in Pune, removing about 78,000 sq ft of illegal constructions across the Lohegaon and Nagar Road areas. The action targeted 18 unauthorised structures, including residential units, commercial establishments and extensions built without civic approval. Officials said notices had previously been issued under the Maharashtra Regional and Town Planning Act, 1966 asking property owners to remove the violations. As the structures were not removed within the given time, PMC teams carried out demolition under development control regulations as part of the civic body's continuing action against illegal construction in the city.Read more

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Tamil Nadu introduces 220 electric buses to improve last-mile connectivity to Chennai Metro

07 Mar 2026

The Tamil Nadu government has moved forward with plans to introduce 220 electric air-conditioned buses to strengthen last-mile connectivity for commuters using the Chennai Metro network. The buses will operate as feeder services linking nearby residential and commercial areas with metro stations. The fleet will include smaller vehicles designed to move easily through narrow city streets. Operated by the Metropolitan Transport Corporation, the initiative is expected to improve metro accessibility, reduce dependence on private vehicles for short trips, and support the state's broader push toward cleaner and more sustainable public transport.Read more

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Shahapur sees nearly 1 lakh trees cut for Thane infrastructure projects

07 Mar 2026

Recent RTI data shows that Thane district has lost over 89,000 trees, with nearly 98,540 proposed for felling due to infrastructure projects. The Mumbai-Nagpur Expressway accounts for the largest share of deforestation, followed by the Mumbai-Vadodara Expressway, Nirmal Road expansion, and various irrigation schemes. Central Railway projects and other road works have also diverted significant forest land. Environmentalists warn that mature trees cannot be quickly replaced, leading to long-term losses in carbon absorption, oxygen supply, biodiversity, and groundwater recharge, urging stricter oversight and transparency in forest clearances.Read more

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Delhi introduces Saheli Pink Smart Card for free bus travel and integrated access to metro and RRTS

07 Mar 2026

The Delhi government has started issuing the Saheli Pink Smart Card to provide free bus travel to women residents and enable seamless access to metro and Regional Rapid Transit System (RRTS) services under the One Nation, One Card framework. The card replaces the earlier paper slip system used in DTC buses. Distribution began across nearly 50 centres in the city, with Aadhaar-based verification required for eligibility. On the first day, over 3,000 women collected the card. Authorities said the move will improve monitoring, reduce duplication, and simplify daily travel for women commuters.Read more

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Auda delegation clears path for development in Gokuldham after 12-year hiatus

Ahmedabad News Desk

07 Mar 2026

The Ahmedabad Urban Development Authority (Auda) has resolved a protracted impasse over the Gokuldham township near Ahmedabad by empowering its chairman to grant new and revised development permissions for agricultural land, ending a 12-year standstill in approvals. Originally laid out in 2002, the mixed residential and agricultural township in Sanand taluka had seen phased permissions for housing units before a dispute in April 2014 halted progress. With legal advice and state government concurrence, the delegation of authority now allows development on the agriculture component of the more than 10 lakh square metres site to proceed. The resolution unlocks dormant development rights long withheld and aligns regulatory powers to pursue revised permissions under prevailing urban planning norms, potentially reactivating stalled construction activity.Read more

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Bihar CM Nitish Kumar urges urgent completion of key drainage projects in Patna to mitigate waterlogging ahead of monsoon

07 Mar 2026

Bihar's Nitish Kumar has called on state officials to expedite the construction of major drainage works in Patna, emphasising the need to address chronic waterlogging and sanitation concerns ahead of the impending monsoon season. In a meeting with senior administrators on 2 March 2026, he directed that progress on the Saidpur and Bakarganj drain infrastructure projects be accelerated and any bureaucratic obstacles be removed to ensure timely delivery. The Chief Minister underscored the importance of improved coordination among departments for regular monitoring and execution, given growing public concern over flooding risks in residential neighbourhoods. The directives reflect a broader state focus on strengthening urban infrastructure as part of ongoing efforts to modernise Patna's drainage network and reduce seasonal disruption.Read more

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Kochi Metro installs Braille navigation system at Changampuzha Park station to support visually impaired commuters

Kochi News Desk

07 Mar 2026

Kochi Metro Rail Limited (KMRL) has introduced Braille-enabled navigation facilities at Changampuzha Park metro station to improve accessibility for visually impaired commuters. Implemented with the support of the Confederation of Indian Industry Young Indians under Project Disha, the initiative includes tactile Braille station maps, Braille markings on handrails and Braille signboards identifying key facilities such as lifts, restrooms and exits. The system helps passengers understand the station layout through touch and move independently. Officials said the initiative is aimed at promoting inclusive public transport and enabling visually impaired commuters to travel with greater confidence.Read more

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Mysuru minister urges immediate action on road-widening projects to ease growing congestion

07 Mar 2026

The district in-charge minister for Mysuru, HC Mahadevappa, has directed officials to immediately advance a series of road-widening initiatives across the city to address escalating traffic congestion. In a meeting convened earlier this week, Mahadevappa emphasised the urgency of widening several arterial routes, including those connecting major junctions and public transport hubs, and instructed streamlined land-clearance and approval processes. The Mysuru City Corporation commissioner identified multiple stretches earmarked for widening, such as roads linking Dr BR Ambedkar Circle, Fountain Circle and the Suburban bus stand, as well as Pulakeshi, Hyder Ali and Dr Rajkumar Roads. Local legislators and senior administrators committed to coordinated action to accelerate implementation. The directives reflect growing pressure on urban infrastructure due to rising vehicle numbers and commuter demand in the historic city.Read more

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PMC finalises 34 parking sites near Pune Metro stations to improve commuter access

Pune News Desk

07 Mar 2026

The Pune Municipal Corporation (PMC) has finalised 34 locations across the city where parking facilities can be developed near Pune Metro stations to improve commuter access and last-mile connectivity. Most of these sites are within around 500 metres of Metro stations and fall under amenity spaces that can be used for organised parking. Civic officials have assessed the sites and found 31 suitable for development. Work has already started at four locations. The initiative aims to support Metro users who travel to stations using private vehicles and to strengthen the city's public transport network.Read more

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FSFTI President calls for revision of land and infrastructure rules for higher education

06 Mar 2026

Dr Anshu Kataria, President of the Federation of Self Financing Technical Institutions and the Punjab Unaided Colleges Association, has urged the Central Government to review land and infrastructure norms for colleges and universities. He said outdated regulations and high land costs are restricting expansion, especially in urban centres. With India projected to need around 2,500 universities and nearly 1 lakh colleges by 2040 to raise the Gross Enrolment Ratio to 55-60 percent, he stressed that private participation is essential and requires practical, transparent and investment-friendly policies.Read more

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SoBo’s 78-year-old Ruxmani Hospital to relocate for 80-storey high-rise project

Mumbai News Desk

06 Mar 2026

Ruxmani Lying-In Hospital, a 78-year-old maternity facility in South Mumbai, is relocating to Nana Chowk to allow an 80-storey luxury high-rise on its original site. The hospital, handling 900 childbirths annually and serving underprivileged families, will operate from a temporary 7,700 sq ft facility for four years before returning to a larger dedicated building. The Dhuleva Group acquired surrounding plots for over INR 300 crore, planning 50 residences with extensive amenities. The redevelopment follows city regulations for unsafe buildings but raises concerns among heritage experts about demolition of Grade 3 heritage structures.Read more

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YEIDA to develop 500-acre fintech hub near Noida International Airport

Noida News Desk

06 Mar 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has proposed a 500-acre FinTech hub in Sector 11 near the upcoming Noida International Airport and has invited expressions of interest from developers. The project is planned as a dedicated financial and technology ecosystem accommodating banking, digital finance, IT/ITeS and support services. Officials have indicated that stakeholder consultations are guiding the selection of a suitable development model, including possible public-private partnership options. The initiative forms part of YEIDA's master plan to position the region as a major fintech and institutional destination.Read more

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Nashik civic body to spend INR 135 crore repairing roads damaged by utility works

06 Mar 2026

The Nashik Municipal Corporation has approved a plan to spend INR 135 crore in the current financial year to repair city roads that have deteriorated following repeated excavation for utility installations, particularly by Maharashtra Natural Gas Ltd (MNGL) and other service providers, civic officials said earlier this week. The funding includes an unspent provision of INR 60 crore from the current year and INR 75 crore earmarked under the draft budget for 2026-27. The work will address uneven surfaces and potholes in major localities such as Panchavati, Gangapur Road, Nashik Road and Nashik West, where poorly restored trenches have caused traffic delays and increased accident risks. Municipal Commissioner Manisha Khatri confirmed contractors have been appointed and repair operations, including resurfacing and pothole filling, are scheduled to begin in the coming months as part of broader infrastructure maintenance efforts.Read more

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Haryana announces Yamuna clean-up mission, wage hike proposal and INR 100 crore relief fund in budget

06 Mar 2026

Haryana Chief Minister Nayab Singh Saini has proposed a comprehensive mission to clean the 313-kilometre stretch of the Yamuna in the state, alongside key welfare and infrastructure measures in the 2026-27 budget. The plan includes scientific treatment of drain water, expansion of sewage capacity and stricter industrial monitoring. The budget also proposes raising minimum wages, installing remaining smart meters, expanding pilgrimage schemes, purchasing electric buses and creating a Special Assistance Fund of INR 100 crore to address salary delays. Air connectivity from Hisar is also set for expansion.Read more

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Mahindra Holidays signs 110-key resort in Dapoli to expand Maharashtra coastal portfolio

06 Mar 2026

Mahindra Holidays & Resorts India (MHRIL) has signed a 110-key resort in Dapoli near Murud Beach, marking a further expansion of its presence along Maharashtra's coastline. The first phase of 52 keys is scheduled for launch in Q1 FY27, with the remaining inventory set to open in Q2 FY27. The addition forms part of the company's FY26-FY30 growth roadmap, under which it plans to exceed 10,000 keys under the Club Mahindra brand and scale its overall portfolio to 12,000 keys. The move reflects MHRIL's strategy of strengthening inventory in high-demand leisure destinations, catering to India's expanding base of holidaying families and growing domestic travel demand.Read more

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