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

Delhi plans 5.3 km tunnel or elevated road to ease congestion on Sardar Patel Marg

Delhi News Desk

03 Mar 2026

Delhi authorities have proposed building a 5.3 km elevated road or tunnel between Talkatora Stadium and Dhaula Kuan to reduce congestion on Sardar Patel Marg, a key route to Indira Gandhi International Airport. The proposal has been sent to multiple agencies for review after earlier widening plans were dropped due to concerns over the Central Ridge. With only two lanes in each direction, the stretch faces heavy airport-bound traffic. Detailed feasibility and environmental assessments will now determine the project's future course.Read more

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KPMG leadership collaborates with MMRDA to enhance contract management in Mumbai infrastructure

03 Mar 2026

Senior officials from KPMG International met with Dr. Sanjay Mukherjee, Metropolitan Commissioner of MMRDA, to explore the adoption of global best practices in contract management and infrastructure governance. The discussions, led by Ms. Lisa Kelvey and Mr. Suneel Vora, focused on frameworks for risk allocation, procurement reforms, performance monitoring, and dispute avoidance in large-scale projects across the Mumbai Metropolitan Region. Emphasizing efficiency, fiscal discipline, and digital oversight, the engagement aims to strengthen MMRDA's project delivery and governance systems, marking a step towards aligning the authority's infrastructure projects with international standards.Read more

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Coastal Road North and GMLR set to boost Mumbai connectivity before 2029

Mumbai News Desk

03 Mar 2026

Mumbai's Coastal Road (North) and the Goregaon-Mulund Link Road (GMLR) are progressing as per schedule, with the BMC projecting completion by 2029 and 2028, respectively. The Coastal Road (North) will run from Versova to Dahisar, and the GMLR will connect Mindspace Malad Junction to Goregaon (E), improving north-south and east-west connectivity. All necessary clearances from environmental, maritime, and legal authorities have been secured. These projects follow the partially inaugurated Coastal Road (South) and aim to streamline travel, reduce congestion, and deliver significant infrastructure milestones ahead of upcoming elections.Read more

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BMW Ventures secures largest fabricated steel products order for BHEL project

03 Mar 2026

BMW Ventures Limited has secured its largest-ever fabricated steel products order worth INR 36 crore for a BHEL project, part of a broader INR 141 crore opportunity. The order underscores the company's growing capability in executing large-format industrial structures, supported by an RDSO-approved facility and annual production capacity exceeding 24,000 MT. With a consolidated order book now at 8,805 tons, BMW Ventures expects continued growth in fabricated steel products and steel girders. The win strengthens medium-term revenue visibility and aligns with its strategy to focus on higher-margin steel products.Read more

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SWAMIH Fund sanctions INR 115 crore to complete Antriksh Valley project in Greater Noida West

Noida News Desk

03 Mar 2026

The government-backed SWAMIH Investment Fund has approved up to INR 115 crore as last-mile funding for the stalled Antriksh Valley residential and commercial project in Greater Noida West. The capital will be infused through non-convertible debentures and used strictly for construction and project completion. The development, launched over a decade ago, had been delayed due to financial stress, weak sales, demonetisation and the pandemic. With new management clearing dues and regulatory penalties, the funding is expected to restart construction and help deliver homes to affected buyers.Read more

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Haryana clears final alignment of 64 km Gurugram-Faridabad-Noida Greater Noida Namo Bharat corridor

03 Mar 2026

The Haryana government has approved the final alignment of the 64 km Gurugram-Faridabad-Noida Greater Noida Namo Bharat RRTS-cum-Metro corridor, with nearly 52 km falling within the state. The project will be implemented by the National Capital Region Transport Corporation and aims to integrate seamlessly with existing metro networks in Gurugram and Faridabad. Key stretches in both cities have been defined, and the Detailed Project Report is being finalised. The corridor is expected to reduce travel time, ease congestion and strengthen regional connectivity across the NCR.Read more

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Highway construction under MoRTH likely to slow next fiscal amid continued weak project awards

03 Mar 2026

Highway construction activity under the Ministry of Road Transport and Highways (MoRTH) is expected to moderate next fiscal as project awards remain subdued, according to a recent report by rating agency ICRA. Execution is projected to decline to around 9,000-9,500 km from about 10,660 km achieved in the previous fiscal. Although awards this year are expected to remain similar to last year at 7,250-7,750 km, they are well below earlier peak levels. Toll collections are likely to stay stable, but growth may ease due to lower inflation-linked rate revisions.Read more

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MCD launches city-wide repair drive for park gym and play equipment after public complaints

03 Mar 2026

The Municipal Corporation of Delhi has initiated a comprehensive repair and maintenance campaign for damaged outdoor gym and play equipment across parks in the capital following sustained public dissatisfaction over disrepair and safety concerns. The programme, rolled out after complaints from residents and local councillors, covers equipment installed in roughly 2,000 parks across the city's maintenance portfolio of about 15,000 parks. An initial tranche of work has been completed in around 300 parks, with repairs underway to restore fitness installations and make them safe for community use. In parallel, the civic body has earmarked INR 1.2 crore for a one-off repair effort targeting children's play equipment across its 1,200 wards, with councillors emphasising the importance of completing the work ahead of the approaching summer season.Read more

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NHAI to review widening of 90-km Mumbai-Nashik highway stretch

03 Mar 2026

The National Highways Authority of India (NHAI) is set to deliberate on widening the 90-km Vadpe Gonde section of the Mumbai Nashik highway to six lanes. The move follows concerns raised about road safety, congestion and rising accidents on the corridor. While repair work has been completed and the stretch is currently motorable, authorities will assess future traffic demand, especially with the parallel Samruddhi Expressway operational. NHAI is also progressing with an eight-lane elevated corridor between Nashik Phata and Khed to ease congestion ahead of the upcoming Kumbh Mela.Read more

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Melbourne Airport to invest USD 4.5 billion in major international terminal expansion

03 Mar 2026

Melbourne Airport has announced a USD 4.5 billion expansion of its international terminal following record passenger growth. The airport recently handled more than 1.26 million international travellers in a single month, the highest in its history. The project will expand check-in, baggage claim and border processing areas, add five new gates and additional aircraft stands, and increase lounge and retail space. Planned in stages, the development will be privately funded and delivered while the airport remains operational, aligning with broader infrastructure upgrades including the third runway.Read more

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HG Infra emerges lowest bidder for INR 1,827.33 crore NHAI ring road project in Odisha

03 Mar 2026

H.G. Infra Engineering Ltd has been declared the lowest bidder for a major National Highways Authority of India project in Odisha. The company quoted INR 1,582.11 crore against the estimated cost of INR 1,827.33 crore for constructing Package III of the Capital Region Ring Road under the Hybrid Annuity Mode. The 40.33 km six-lane access-controlled corridor will connect Gobindpur on NH-55 to Tangi near the Bandola Toll Plaza on NH-16. The project is to be completed within 910 days from the appointed date.Read more

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NBCC to redevelop DDA staff quarters in Old Rajinder Nagar and Safdarjung at INR 775 crore under self-sustaining model

03 Mar 2026

State-owned NBCC (India) has entered into agreements with the Delhi Development Authority (DDA) to redevelop staff housing colonies at Old Rajinder Nagar and Safdarjung Development Area in New Delhi at an estimated project cost of INR 775 crore. The redevelopment will be undertaken on a self-sustainable model, under which a portion of the newly created built-up area will be monetised to fund construction, while the remaining area will be handed back to DDA for staff use. The two projects together will deliver a total built-up area of 1.66 lakh sq metres. NBCC will act as project management consultant and implementing agency, overseeing the projects from master planning and approvals to construction, quality audits and commissioning, in compliance with prevailing planning and construction norms.Read more

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Railways plans INR 1.4 lakh crore real estate monetisation under NMP 2.0 over five years

03 Mar 2026

The government has set a target to generate INR 1.4 lakh crore from Indian Railways land and station estate monetisation during FY26-FY30 under National Monetisation Pipeline 2.0. Around INR 1 lakh crore is expected from redevelopment of nearly 200 stations, while INR 43,800 crore will come from PPP-based development of other railway land assets. The Rail Land Development Authority has already met its FY26 target for other land parcels. Real estate recycling is projected to contribute 54 percent of Railways total INR 2.6 lakh crore monetisation goal for the five-year period.Read more

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Ahmedabad Municipal Corporation demolishes illegal structures around Vadu and Ropda lakes in major anti-encroachment drive

Ahmedabad News Desk

03 Mar 2026

The Ahmedabad Municipal Corporation (AMC) has carried out a large-scale demolition drive to remove unauthorised constructions around Vadu Lake and Ropda Lake in the Ahmedabad Metropolitan Region. Officials said the action was taken to restore the eco-sensitive lake peripheries and enforce building regulations in areas where encroachments had narrowed buffer zones, impaired drainage, and disrupted natural water flows. AMC's teams removed various structures including boundary walls, temporary sheds and other illegal additions identified along designated lake protection zones. The exercise was conducted with support from law enforcement, local stakeholders and technical teams tasked with demarcation of no-construction limits. Civic authorities said the drive aligns with ongoing efforts to revive urban water bodies, protect floodplains and improve ecological resilience in the city's expanding urban landscape, and that follow-up monitoring would ensure compliance going forward.Read more

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Visakhapatnam’s GVMC initiates zone-wise development planning following administrative reorganisation

Visakhapatnam News Desk

03 Mar 2026

The Greater Visakhapatnam Municipal Corporation (GVMC) has commenced preparation of zone-wise development plans (ZDPs) following a recent administrative reorganisation that expanded its urban jurisdiction. Under the new approach, the city's territory has been divided into multiple zones, each with tailored planning strategies to address growth management, infrastructure provisioning and land-use priorities. GVMC officials said the exercise aims to rationalise development norms, improve civic service delivery and integrate peri-urban areas into a coordinated city planning framework. The planning process will involve extensive ground surveys, stakeholder consultations and data collection to inform draft ZDPs, which are expected to guide future development, zoning regulations, transportation networks and infrastructure investments. City planners noted that structured zone-wise planning aligned with the city's expanded geography will be critical to sustainable urban growth and improved quality of life in Visakhapatnam's evolving metropolitan region.Read more

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Kozhikode Corporation orders structural audit of all its buildings after fatal Valiyangadi collapse

02 Mar 2026

The Kozhikode City Corporation has ordered a comprehensive structural safety audit of all corporation-owned buildings in Kozhikode, Kerala, following the collapse of part of a decades-old municipal structure in the Valiyangadi market area that killed four head-load workers and injured a fifth. The directive was issued by Mayor O Sadasivan, who also sought a detailed report into the circumstances leading to the tragic accident. The incident has triggered protests by traders and political parties over alleged neglect of ageing civic infrastructure. Shop owners were instructed to vacate the dilapidated building, and officials said technical inspections had confirmed its unsafe condition. The move aims to avert similar disasters by identifying and remedying structural vulnerabilities across the city's portfolio of older public properties.Read more

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Turkey secures USD 6.75 billion financing for largest foreign-funded railway project

02 Mar 2026

Turkey has signed preliminary financing agreements worth USD 6.75 billion with six international institutions for the Northern Ring Railway Project, marking the country's largest foreign-funded rail investment. The 125 km corridor will run from Gebze to Halkali via the Yavuz Sultan Selim Bridge, linking Istanbul's two major airports and strengthening rail connectivity between Asia and Europe. Designed to carry 33 million passengers and 30 million tonnes of freight annually, the project aims to address capacity limits currently faced at the Marmaray tunnel crossing.Read more

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Government approves metro rail connecting Mumbai and Navi Mumbai airports

02 Mar 2026

The Maharashtra government has approved a metro rail project connecting Chhatrapati Shivaji Maharaj International Airport in Mumbai with Navi Mumbai International Airport. The 34.9 km corridor will have 20 stations, combining 14 elevated and six underground sections, and will operate under a public-private partnership with 40 per cent viability gap funding. The project involves significant private investment and is designed to reduce travel time and congestion between the two cities. Construction is set to start in June next year, with advanced planning for operations, depots, and rehabilitation of affected people.Read more

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India's infra projects see INR 5.52 lakh crore cost overrun as transport and energy schemes progress

02 Mar 2026

India's central infrastructure projects valued at INR 150 crore and above have recorded a cumulative cost overrun of INR 5.52 lakh crore, according to the latest government monitoring data. The 1,702 projects tracked across 17 ministries now have a revised cost of INR 39.25 lakh crore, compared to the original INR 33.72 lakh crore. While expenditure has reached over INR 20 lakh crore and several projects are nearing completion, transport and energy continue to dominate the portfolio in terms of both number and value.Read more

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Uttar Pradesh signs MoU with German firm to boost modern rail infrastructure

02 Mar 2026

Uttar Pradesh has signed an MoU with German firm RAILONE GmbH for an INR 200 crore investment to upgrade rail infrastructure. Deputy Chief Minister Keshav Prasad Maurya visited the company's manufacturing plant to inspect modern railway track technologies and concrete sleeper production systems. The discussions focused on global production processes, quality standards, and best practices. The government expects the collaboration to bring advanced technology, enhance connectivity, and boost industrial development. This move aligns with Chief Minister Yogi Adityanath's vision of modern infrastructure and international partnerships for the state.Read more

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