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

Jumeirah to undertake phased restoration of Burj Al Arab to preserve design, interiors and operational legacy

19 Apr 2026

Jumeirah, part of Dubai Holding, has announced a phased restoration programme for the Burj Al Arab in Dubai, marking the first major conservation effort since the hotel opened in 1999. The restoration, expected to take around 18 months, will be led by French interior architect Tristan Auer and will focus on preserving the property's architectural identity while upgrading its interiors with refined detailing. The project aims to maintain the hotel's operational continuity while enhancing its design elements, which include bespoke finishes, luxury materials, and heritage features. The move reflects ongoing asset management strategies in Dubai's hospitality sector, where landmark properties are being upgraded to retain relevance amid sustained demand for premium hospitality assets and evolving guest expectations.Read more

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Vande Bharat delays on Kerala route continue to inconvenience passengers

19 Apr 2026

Passengers travelling on the Vande Bharat Express between Thiruvananthapuram and Mangaluru have been facing repeated delays, affecting daily travel plans and overall experience. The train has reportedly been running late by over an hour on several occasions, with delays extending up to two hours at some stations. Issues such as single-line track congestion, especially along the Alappuzha section, and inadequate pre-departure maintenance have contributed to the situation. With premium fares attached to the service, passengers have raised concerns over punctuality, cleanliness, and operational efficiency on this key Kerala route.Read more

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Highway contractors seek further relief as West Asia crisis raises costs

19 Apr 2026

Highway contractors in India are seeking additional relief measures from the Ministry of Road Transport and Highways amid rising input costs and execution challenges linked to the ongoing West Asia crisis. The sector, which relies heavily on petroleum-based inputs such as bitumen and diesel, has been impacted by supply disruptions and price volatility. Industry stakeholders have requested measures including cost escalation compensation, timeline extensions, and policy clarity on force majeure provisions. The government is understood to be evaluating a second round of support to maintain project viability across EPC and hybrid annuity model projects. The situation has raised concerns over delays and financial stress in ongoing highway developments across the country.Read more

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Tanakpur Lipulekh road to be completed within a year: Gadkari

19 Apr 2026

The Centre has indicated that the strategic Tanakpur Lipulekh road project in Uttarakhand will be completed within the next year, with Union minister Nitin Gadkari confirming progress on the 370-km corridor. The INR 5,200 crore project, which connects Tanakpur to Lipulekh via Pithoragarh, has seen approximately 200 km already constructed. The remaining stretch faces geographical and logistical challenges but is expected to be completed on an accelerated timeline. The road is expected to improve connectivity to the Lipulekh Pass, which serves as a key route for the Kailash Mansarovar pilgrimage. The development forms part of broader infrastructure upgrades aimed at enhancing border connectivity and reducing reliance on routes through neighbouring countries.Read more

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Integrated townships gain traction in Pune amid rising demand for self-sufficient urban communities

Aakash Agarwal, MD, Krisala Developers

19 Apr 2026

Integrated townships are witnessing increased demand in Pune as homebuyers and investors shift towards self-sufficient, low-density developments offering a mix of residential, commercial, and social infrastructure. Backed by the city's expanding IT sector, educational ecosystem, and industrial corridors, Pune continues to attract professionals and second-home buyers. According to KPMG, the city's real estate market is expected to maintain steady growth, supporting long-term investment potential. These township projects integrate sustainability features such as green spaces, renewable energy systems, and efficient waste management, while also offering lifestyle amenities and improved connectivity. The trend reflects evolving buyer preferences for convenience, environmental quality, and integrated living environments.Read more

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NMPA approves INR 11 crore road project to improve NH-66 connectivity in Mangaluru

19 Apr 2026

The New Mangalore Port Authority has approved an INR 11 crore project to construct a concrete road connecting the Baikampady Industrial Area with National Highway 66. The plan also includes a dedicated truck yard to manage heavy vehicle movement. The project aims to ease congestion, improve cargo flow and strengthen port connectivity in the region. Authorities have also planned traffic diversions during execution. The development is part of ongoing efforts to improve infrastructure along key coastal logistics corridors.Read more

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Air India seeks additional funding after reporting INR 220 billion loss

19 Apr 2026

Air India has reported an annual loss of over INR 220 billion (USD 2.4 billion), higher than expected, driven by operational disruptions, higher costs and external challenges. The airline has approached its shareholders, the Tata Group and Singapore Airlines, for fresh capital support, with discussions ongoing. The funding size is yet to be finalised and may not fully meet requirements. The development comes as the airline continues its turnaround plan, while dealing with leadership transition, safety scrutiny and rising cost pressures impacting its financial performance.Read more

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PMLA tribunal sets aside majority of ED attachments in Yes Bank–DHFL case

19 Apr 2026

The PMLA Appellate Tribunal has provided major relief to developer Avinash Bhosale by setting aside most of the Enforcement Directorate's asset attachments in the Yes Bank DHFL case. While properties worth over INR 163 crore were earlier attached, the tribunal retained only around INR 25 crore linked to specific transactions. It found that several deals examined by the ED were older and not directly connected to the alleged offence. The case relates to Yes Bank's INR 3,700 crore investment in DHFL and the alleged diversion of funds through multiple entities.Read more

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Odisha to upgrade mining roads into 8-lane highways

19 Apr 2026

The Odisha government has announced plans to convert roads leading to mining areas into 8-lane highways as part of a broader infrastructure push in mineral-rich districts. Chief Minister Mohan Charan Majhi made the announcement while laying the foundation stone for the INR 1,581.21 crore Barbil bypass-cum-ring road project in Keonjhar district. The 18.3-km project forms part of a wider programme that includes multiple infrastructure works, power projects, and industrial initiatives. The move is aimed at improving logistics efficiency, supporting mining-linked transportation, and strengthening connectivity between industrial clusters and ports. The plan also includes expediting the Barbil Paradip corridor and enhancing regional infrastructure to support large-scale investments and employment generation.Read more

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DMRC holds escalator safety workshop with 150 participants

18 Apr 2026

The Delhi Metro Rail Corporation (DMRC) organised a workshop on escalator safety, bringing together industry experts, officials and stakeholders to strengthen operational practices and public awareness. The session marked the conclusion of a week-long safety campaign focused on lifts and escalators across the metro network. Around 150 participants attended in person, with international original equipment manufacturers joining virtually. The workshop featured technical presentations and demonstrations, including virtual reality-based rescue training tools. The initiative reflects DMRC's continued focus on passenger safety and system reliability, particularly as metro networks expand and passenger volumes increase across urban transport systems.Read more

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Jeh Aerospace partners with Liebherr to supply aircraft landing gear components

Hyderabad News Desk

18 Apr 2026

Jeh Aerospace has entered into a long-term agreement with Liebherr-Aerospace & Transportation SAS to manufacture high-precision landing gear components for commercial aircraft. Production will take place at its Hyderabad facility, marking its integration into a global aerospace supply chain. The partnership reflects increasing global reliance on Indian manufacturers for critical aviation parts. Jeh Aerospace's track record of delivering over 200,000 flight-critical components without defects supported the deal, which is expected to strengthen India's role in precision aerospace manufacturing and long-term global programmes.Read more

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3D architectural animations drive USD 47 million in pre-construction sales for Dubai Marina tower, reducing reliance on physical show homes

18 Apr 2026

A Dubai-based developer recorded pre-construction sales worth USD 47 million for a 42-storey residential tower in Dubai Marina after opting for 3D architectural animations instead of a physical show home. The decision, taken in early 2023, reduced marketing costs significantly and shortened the project's go-to-market timeline. Within roughly three months of launch, 68% of units were sold before construction began, with a majority of buyers located overseas. The digital strategy involved producing multiple animated walkthroughs, covering unit variations, finishes, and surroundings, enabling remote decision-making. Industry comparisons cited in the case indicate faster conversion timelines and higher sales efficiency compared to traditional methods. The shift reflects a broader trend in global real estate markets where developers increasingly rely on digital visualisation tools to engage international buyers and optimise pre-sales.Read more

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AGICL MD reviews progress of Amaravati government housing projects

18 Apr 2026

SVR Srinivas, Managing Director of Amaravati Growth & Infrastructure Corporation Limited, reviewed the progress of key residential projects at the Amaravati Government Complex in the past week. The inspection covered MLA and MLC housing towers as well as Ministers bungalows being developed under the People's Capital initiative. He held discussions with contractors and engineering teams, stressing timely completion and adherence to quality standards. The review focused on strengthening coordination and monitoring mechanisms to ensure efficient execution and delivery as planned.Read more

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Enviro Infra Engineers order book crosses INR 4,600 crore with INR 2,240 crore new wins

18 Apr 2026

Enviro Infra Engineers Limited (EIEL) has strengthened its order book to over INR 4,600 crore following fresh project wins worth more than INR 2,240 crore since March 2026. The contracts span water, wastewater and renewable energy segments, including the company's entry into the battery energy storage system (BESS) space through NTPC projects totalling INR 1,070 crore. The execution pipeline is spread over 15&24 months, providing revenue visibility of approximately INR 2,000 crore for FY2027. With a diversified portfolio and expanding presence across states such as Bihar, Maharashtra and Telangana, the company continues to benefit from government-led infrastructure spending in water and renewable sectors.Read more

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Amaal appoints CITIC Middle East Contracting to deliver AED 1.8 billion MANSORY Residences tower in Dubai's Meydan Horizon

18 Apr 2026

Amaal has appointed CITIC Middle East Contracting LLC as the main contractor for the AED 1.8 billion MANSORY Residences, a 60-storey ultra-luxury residential tower in Dubai's Meydan Horizon masterplan. The project, positioned as the world's first MANSORY-branded residential development, is scheduled for completion by late 2028. Backed by CITIC Construction Co. Ltd, the contractor will undertake full turnkey execution, including structural works, MEP systems, and integration of smart home and automotive-focused features. The development comes amid sustained demand for high-value, design-led residential assets in Dubai, supported by strong investor activity and rising transaction volumes in the emirate's property market. The partnership also reflects broader UAE-China economic ties, with increasing cross-border investment and construction collaboration.Read more

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Jewar airport deploys 6,000+ low-emission furniture units across terminal

18 Apr 2026

Noida International Airport (Jewar Airport) has installed over 6,000 low-emission, recyclable furniture units across its terminal and operational areas, marking one of the first large-scale deployments of such systems in India's airport infrastructure. Executed by AFC Furniture Solutions, the installation spans public seating, workstations and control desks across a 1,00,000 sq m facility. The furniture, designed with a 66% recyclability rate and lower carbon footprint, supports the airport's net-zero target. The project aligns with broader sustainability goals in airport design, where emissions reduction is being extended beyond core infrastructure to interior fit-outs and operational assets.Read more

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Drone mapping lifts rural loan flows by 23% under SVAMITVA scheme

18 Apr 2026

Drone-based land mapping under the SVAMITVA scheme has led to a 23% increase in sanctioned rural loan amounts, according to a working paper by the Economic Advisory Council to the Prime Minister. The initiative converts residential land parcels into verifiable assets, enabling villagers to use them as collateral for formal credit. The scheme, implemented by the government with support from the Survey of India, focuses on digitising rural land records through drone surveys. By providing legal property documentation, the programme has improved access to institutional finance, reduced land disputes, and strengthened rural economic participation. The development highlights the growing role of geospatial technology in formalising land ownership and unlocking credit flows in India's rural economy.Read more

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Land compensation begins for Jeypore rail links after prolonged delays

18 Apr 2026

Land compensation has commenced for the long-pending railway projects connecting Jeypore with Nabarangpur and Malkangiri in Odisha, marking a key step forward after nearly a decade of delays. The projects, announced in the Union Budget 2016-17, involve a 42-km Jeypore Nabarangpur line and a 130-km Jeypore Malkangiri corridor. Authorities have initiated disbursement of compensation funds across multiple villages in Koraput district, with INR 37 crore released for affected areas. The projects require land acquisition across dozens of villages and are aimed at improving connectivity in tribal and remote regions. The move is expected to accelerate stalled execution timelines and support broader infrastructure development in southern Odisha.Read more

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Deadlines set for drainage works to prevent monsoon waterlogging

18 Apr 2026

Authorities have imposed strict timelines for completing drainage and urban infrastructure works to prevent waterlogging during the upcoming monsoon season. The directives include desilting of drains, repair of damaged sewer lines, and clearance of encroachments across identified flood-prone zones. The move follows recurring incidents of urban flooding in previous years, prompting agencies to prioritise time-bound execution of pre-monsoon works. Officials have been instructed to ensure coordination across departments and complete all critical interventions before the onset of heavy rainfall. The initiative is aimed at improving stormwater management capacity, reducing disruption to urban mobility, and strengthening resilience in vulnerable areas through targeted infrastructure upgrades.Read more

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India's infrastructure spend rises six-fold to cross INR 12 lakh crore

18 Apr 2026

India's annual infrastructure spending has increased more than six-fold since 2014, crossing INR 12 lakh crore, Prime Minister Narendra Modi stated while inaugurating the Delhi-Dehradun Expressway. The expenditure, which stood at below INR 2 lakh crore annually before 2014, has expanded significantly as part of the government's focus on roads, railways, logistics, and urban infrastructure. The Prime Minister highlighted that projects worth over INR 2.25 lakh crore are currently underway in Uttarakhand alone. The expressway project, built at a cost of INR 12,000 crore, is expected to reduce travel time and logistics costs. The infrastructure push is positioned as a key driver of economic growth, improved connectivity, and regional development across the country.Read more

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