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 clears INR 453.95 crore Najafgarh drain road corridor to improve west and outer connectivity

02 Mar 2026

The Delhi government has approved a INR 453.95 crore project to construct a nearly 61-kilometre, two-lane road along both sides of the Najafgarh drain to improve connectivity in outer and west Delhi. The corridor will link major arterial roads including Outer Ring Road, Inner Ring Road and Urban Extension Road-II, while also improving access to IGI Airport and Dwarka Expressway. The project includes pedestrian and cycling tracks, drainage upgrades, landscaping and a new bridge near Dwarka Metro Depot. Completion is targeted for November 2027.Read more

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Equinix and CPPIB close in on USD 4 billion acquisition of Nordic data centre operator at North

02 Mar 2026

Equinix and Canada Pension Plan Investment Board (CPPIB) are close to finalising a deal to acquire pan-Nordic data centre operator atNorth, according to a Bloomberg News report citing sources familiar with the matter. The transaction, which could be announced in the coming days, is said to value atNorth at around USD 4 billion, including debt. The company is currently backed by private equity firm Partners Group, which acquired the platform in 2022 and has since supported its expansion across the Nordic region. The potential acquisition highlights sustained investor interest in digital infrastructure, driven by rising demand from hyperscale cloud providers, artificial intelligence workloads and high-performance computing. For Equinix and CPPIB, the deal would further strengthen exposure to data centre assets in energy-efficient Nordic markets.Read more

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Bidar railway station upgrade to become operational from April under Amrit Bharat scheme

02 Mar 2026

Bidar railway station is set to have its upgraded passenger facilities operational from April under the central government's Amrit Bharat Station Scheme. The redevelopment, taken up at an initial cost of around INR 24.3 crore, includes lifts, escalators, expanded platforms, improved waiting halls and better parking areas. The Secunderabad Railway Division has proposed revising the project cost to nearly INR 40 crore to accommodate additional works. Most structural work has been completed, while finishing activities are underway. The upgrade is part of Indian Railways broader plan to modernise key stations across the country.Read more

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Union Cabinet approves rail, metro and airport projects worth INR 12,236 crore

02 Mar 2026

The Union Cabinet approved infrastructure projects totaling INR 12,236 crore, covering railways, aviation, urban transport, and key policy reforms. Railway projects costing INR 9,072 crore, including Gondia Jabalpur doubling and Punarakh Kiul and Gamharia Chandil line expansions, will connect over 5,400 villages and boost freight by 52 million tonnes annually. Approvals also include a new Srinagar airport terminal and a 3.33 km Ahmedabad Metro extension. Policy decisions included power sector reforms, an increased minimum support price for raw jute, and the proposal to rename Kerala as Keralam, reflecting the government's broader development focus.Read more

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Bombay High Court upholds Metro 1 cost escalation claim but reduces compensation amount

Mumbai News Desk

01 Mar 2026

The Bombay High Court has partly upheld an arbitral award in favour of Mumbai Metro One Pvt Ltd (MMOPL) in its dispute with the Mumbai Metropolitan Region Development Authority (MMRDA) over cost escalation in Metro Line 1. While the court accepted that project delays led to higher costs, it significantly reduced the compensation earlier granted by the tribunal. Several additional claims, including overheads, financing costs and loss of profit, were rejected due to insufficient proof. The ruling follows a long legal battle arising from delays in executing Mumbai's first metro corridor.Read more

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Indian Railways rolls out RailParcel pilot under South Central Railway to digitise parcel logistics across seven cities

01 Mar 2026

Indian Railways has launched RailParcel, a pilot initiative to improve rail-based parcel movement across seven cities Hyderabad, Vijayawada, Guntur, Rajahmundry, Visakhapatnam, Bengaluru and Chennai under the South Central Railway zone. The pilot is digitally enabled through ROQIT, a platform developed by AION-Tech Solutions Limited, which provides a workflow and coordination layer for parcel operations during the proof-of-concept phase. RailParcel aims to introduce structured digitisation of booking and operational processes, enhance shipment visibility, and enable interoperability with existing railway systems, including CRIS. The initiative aligns with Indian Railways broader push to modernise logistics, improve multimodal coordination and leverage its largely electrified network to support more efficient and sustainable parcel transportation.Read more

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Arete Group enters South Gujarat's premium housing market with riverfront villa project in Vapi

01 Mar 2026

Arete Group has announced the launch of Riverscape, a luxury villa development in Tukwada, Vapi, marking its entry into South Gujarat's emerging premium residential segment. Spread across 17.6 acres along the Kolak River, the gated community comprises 196 four- and five-bedroom villas aimed at affluent end-users and non-resident Indians seeking large-format residential assets in industrial growth corridors. The project is positioned to benefit from Vapi's proximity to NH-48, rail connectivity and access to regional employment hubs, while offering a low-density, amenity-led residential environment. The launch comes amid rising demand for organised villa developments in South Gujarat, supported by industrial expansion, infrastructure upgrades and improved regional connectivity linked to national transport and economic corridor projects.Read more

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Government updates BOT model to share risks and long-term gains with contractors

01 Mar 2026

The Union Ministry of Road Transport and Highways has revised the Build-Operate-Transfer (BOT) model concession agreement to create a more balanced risk-sharing structure between the government and private contractors. Union Minister Nitin Gadkari announced that BOT projects worth over INR 2 lakh crore will now operate under updated terms, including a 10-15 year defect liability period and a profit-sharing system linked to traffic data. The government is also investing INR 40,000 crore to address 350 landslide-prone highway locations and improve safety, while working on toll reforms and stronger coordination with states.Read more

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Maharashtra govt directs BMC to implement AI and IoT system to track pollution sources

01 Mar 2026

The Maharashtra government has directed the Brihanmumbai Municipal Corporation (BMC) to develop and implement an Artificial Intelligence (AI) and Internet of Things (IoT)-based system to monitor air pollution sources across Mumbai. The instruction was issued by Chief Minister Devendra Fadnavis during the state legislative council session following concerns over rising pollution levels in areas such as Kherwadi in Bandra. The system is expected to identify pollution sources in real time, including construction sites and infrastructure projects, and improve accountability through verified data from pollution control authorities.Read more

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Delhi–Meerut RRTS corridor fully operational, travel time reduced to 55 minutes

Delhi News Desk

01 Mar 2026

The full commissioning of the Delhi-Meerut RRTS corridor strengthens regional rail infrastructure in the National Capital Region. By significantly reducing travel time and offering high-speed, high-frequency services, the system changes the way people commute between Delhi and nearby cities. Beyond passenger convenience, the corridor is likely to influence residential choices, commercial development and workforce mobility across western Uttar Pradesh. As additional RRTS corridors move forward, the Delhi Meerut stretch sets the operational benchmark for future regional rapid transit projects in India.Read more

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Navi Mumbai civic body removes unauthorised construction in Nerul following expiry of statutory notice

01 Mar 2026

The Navi Mumbai Municipal Corporation has carried out a demolition drive against unauthorised construction in the Nerul division, intensifying enforcement under the Maharashtra Regional and Town Planning Act, 1966. The action was undertaken on 23 February 2026 after the concerned property owner failed to comply with a notice issued under Section 54 of the Act within the stipulated period. The structure, located in Sector 6, Sarsole village, Nerul, was found to be under illegal construction despite prior intimation from the civic authorities. The demolition was executed by the encroachment department with mechanical support and police protection, under the supervision of senior municipal officials. The civic body has stated that similar anti-encroachment actions will continue across its jurisdiction to curb unauthorised development.Read more

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Luxury 2.0: redevelopment-driven transformation is reshaping Mumbai's suburbs into premium residential hubs

Mr. Vivek Mohanani, CEO and Managing Director of Ekta World.

01 Mar 2026

Mumbai's redevelopment landscape has evolved beyond the replacement of ageing buildings, emerging as a key driver of premium residential growth across suburban markets. As redevelopment activity gathered pace earlier this year, projects across several suburbs moved towards completion or entered new phases, reflecting a broader shift in urban renewal. What began as a response to ageing housing stock and land constraints has developed into a new phase often described as Luxury 2.0, where redevelopment projects integrate modern infrastructure, enhanced amenities and long-term value creation. Supported by policy incentives under Development Control and Promotion Regulations 2034 and strengthened by metro expansion and road connectivity, suburban redevelopment is increasingly delivering high-end housing. Locations across western and central Mumbai are witnessing rising per sq ft values, larger homes and lifestyle-led developments, repositioning suburbs as core residential destinations rather than peripheral markets.Read more

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Major urban expansion on cards in Haryana as HSVP moves to procure land and launch new sectors in Gurugram after 20 years

Gurugram News Desk

01 Mar 2026

The Haryana Shahari Vikas Pradhikaran (HSVP) has initiated its most significant urban expansion strategy in over two decades, setting in motion plans to procure and develop large tracts of land for new residential and commercial sectors in Gurugram and other parts of Haryana. The policy shift, which follows the recent merger of the erstwhile Housing Board into HSVP, aims to diversify urban growth beyond private-sector-driven projects and respond to rising housing demand and infrastructure pressure in key National Capital Region (NCR) markets. Phase-wise land procurement will involve consent-based acquisition and direct purchases of landowners parcels through online platforms such as the e-Bhoomi portal, with an estimated 1.67 lakh acres statewide earmarked for development and around 23,000+ acres in Gurugram alone. The expansion targets multiple growth corridors including the Southern Peripheral Road, Dwarka Expressway and New Gurgaon belt and is designed to support organised real estate supply, plotted housing and planned neighbourhoods. The move is expected to improve infrastructure delivery and offer more affordable options relative to private development.Read more

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Government sets December 2026 target to corporatise 11 major ports

01 Mar 2026

The Union government has drawn up a plan to corporatise 11 of India's 12 major ports by December 2026 and prepare them for potential stock market listing by December 2027. At present, only Kamarajar Port operates as a company, while the rest function as authorities under the Major Port Authorities Act, 2021. The proposal is part of wider maritime sector reforms aimed at improving efficiency and competitiveness. However, port labour unions have opposed the move, raising concerns related to job security, pension safeguards and national security implications.Read more

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Karnataka RERA steps up crackdown on unregistered real estate projects, highlights regulatory gaps

01 Mar 2026

The Karnataka Real Estate Regulatory Authority (K-RERA) has intensified enforcement actions against unregistered residential real estate projects in the state, issuing repeated notices and opening inquiries amid a surge in complaints from homebuyers. Since 2021, the authority has received 765 complaints related to projects that should have been registered under the Real Estate (Regulation and Development) Act, 2016 but were not, resolving 440 cases and progressing 325 others through hearings. A key challenge identified by the regulator is the existence of structural and procedural loopholes that allow promoters to bypass mandatory RERA registration, including planning authorities granting sanctions and occupancy certificates without requiring a RERA number, and property registrations proceeding without RERA verification. Authorities and homebuyer groups have said these gaps undermine regulatory protections and pose heightened risks of fraud for buyers. K-RERA has called for stronger enforcement and greater awareness to close loopholes in the system.Read more

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Domicil by HTL Group enters premium sleep segment with Domicil Sleep, opens two experience stores in Bengaluru

01 Mar 2026

Domicil, part of the HTL Group, has expanded its India presence with the launch of Domicil Sleep, a new vertical focused on premium mattresses and sleep accessories. The brand has simultaneously opened two Domicil Sleep experience stores in Bengaluru, located at LVS Mall on Airport Road and BTM Layout 2nd Stage. The move marks Domicil's entry into India's organised premium sleep and wellness segment, with an emphasis on ergonomics, material quality and in-store experiential retail. The mattress range comprises 12 variants across five sizes, supported by complementary pillows, and is positioned as part of a broader lifestyle offering rather than a standalone product category. The Bengaluru launches form the starting point of the brand's India expansion strategy in the sleep segment.Read more

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Authorities raze nine multi-storey buildings among nearly 100 encroachments on KMP link stretch in Gurugram

Gurugram News Desk

01 Mar 2026

Gurugram civic and revenue authorities have completed a five-day demolition drive along a 1.5-kilometre stretch of the Farrukhnagar-Daboda road, a key connector to the KMP Expressway, to remove almost 100 unauthorised structures that had narrowed the sanctioned road width and caused chronic traffic congestion. The operation resulted in the removal of nine multi-storey buildings, about 30 double-storey structures, and numerous smaller encroachments that had reduced the corridor's effective width to 35-40 feet from the legally sanctioned 60-66 feet, officials said. The drive, led by a duty magistrate and supported by more than 100 police personnel, revenue officials, municipal staff, fire brigade and emergency services, was largely peaceful and involved prior demarcation and outreach to property owners. The Gurugram civic body plans to redevelop the cleared road at an estimated INR 7 crore over the next 10 months, including improvements to carriageways, footpaths, green verges and storm drainage.Read more

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Delhi rolls out Rah-Veer scheme with INR 25,000 reward for helping road accident victims

Delhi News Desk

28 Feb 2026

The Delhi government has started implementing the Centre's Rah-Veer scheme to encourage citizens to help road accident victims during the golden hour. Under the scheme, individuals who ensure that a seriously injured person reaches a hospital in time will receive INR 25,000 and a certificate of appreciation. The initiative builds on existing Good Samaritan protections under the Motor Vehicles (Amendment) Act, 2019. District-level committees will verify cases, and rewards will be transferred directly to bank accounts through a structured process.Read more

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US imposes 126% preliminary duty on Indian solar imports

28 Feb 2026

The United States has imposed a preliminary countervailing duty of 126% on solar cells and modules imported from India, citing alleged government subsidies that provided an unfair advantage to Indian manufacturers. The move follows a petition by US solar producers and forms part of a broader trade investigation that also covers imports from Indonesia and Laos. The decision has led to volatility in Indian solar stocks and raised concerns over export prospects. A final determination in the case is scheduled for July 2026.Read more

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Chilavannoor Bund bridge work gains pace as Kochi targets May 2026 completion

28 Feb 2026

Work on the Chilavannoor Bund Road bridge in Kochi has resumed after months of delay, with authorities now targeting completion by May 2026. The arrival of the 90-metre central steel span, the longest for any road bridge in the city, has enabled construction to move forward. The project, awarded to Uralungal Labour Contract Cooperative Society and funded by KIIFB, faced setbacks due to protests, legal hurdles and fabrication delays. Once completed, the bridge is expected to ease congestion on Sahodaran Ayyappan Road and reduce pressure on the Vyttila junction.Read more

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