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

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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Uttar Pradesh government allocates INR 9 crore for CCTV traffic management network in 57 districts

28 Feb 2026

The Uttar Pradesh government has sanctioned INR 9 crore for the installation of 1,338 high-resolution CCTV cameras at 297 key traffic junctions across 57 districts that are not covered under existing smart city projects or the Integrated Traffic Management System (ITMS). The approval, issued by the state home department earlier this month, is aimed at strengthening traffic monitoring, enforcement and road safety in smaller cities and district headquarters. Under the plan, 150 major intersections will be equipped with five cameras each, while 147 T-junctions will receive four cameras per location. The project includes supporting infrastructure such as network video recorders, uninterrupted power supply systems, poles, junction boxes and high-speed internet connectivity. Installation is scheduled for completion by 31 March, enabling wider digital traffic oversight across the state.Read more

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DND flyway to see night lane closures till March 18 for resurfacing work

28 Feb 2026

Night-time traffic on the Noida-Delhi Direct Flyway will remain affected as resurfacing work continues on the Noida-to-Delhi carriageway. Vehicles heading towards Delhi are being diverted between late night and early morning hours to facilitate repairs. The work, undertaken by Noida Toll Bridge Company Limited, is part of the second phase of maintenance that was earlier delayed due to winter and pollution-related restrictions. Authorities have advised commuters, especially airport-bound travellers, to factor in additional travel time until March 18.Read more

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Dot directs noida international airport to provide fair access to telcos for network infrastructure

28 Feb 2026

The Department of Telecommunications (DoT) has directed Noida International Airport to allow licensed telecom service providers to install and operate their own in-building network infrastructure under the Telecommunications Act, 2023 and the Right of Way Rules, 2024. The order, issued to Yamuna International Airport Pvt Ltd, clarifies that the airport falls under the definition of a public entity and must grant non-discriminatory access. The move follows similar action at Navi Mumbai International Airport and comes amid concerns raised by telecom operators over restricted access and third-party network arrangements.Read more

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Railway Board puts Vande Bharat Jammu–Srinagar extension on hold ahead of March 1 launch

28 Feb 2026

The Railway Board has temporarily put on hold the planned extension of the Vande Bharat Express between Jammu Tawi and Srinagar, which was scheduled to begin on March 1. The decision was communicated shortly after Northern Railway announced the rollout of the upgraded 20-coach train on the route. Officials cited unavoidable circumstances for the pause and said a fresh update would be issued later. The extension was expected to provide direct rail connectivity between the two capitals of Jammu and Kashmir following the operationalisation of the USBRL project.Read more

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Maharaj Prithu flyover to be inaugurated on March 10, set to ease Guwahati traffic

28 Feb 2026

The Maharaj Prithu Flyover in Guwahati is set to be inaugurated on March 10 by Assam Chief Minister Himanta Biswa Sarma. The nearly 5 km-long flyover connects Ambari with Bamunimaidam and is expected to ease traffic congestion along the busy MRD Road corridor. Built largely using steel girders for faster execution, the project has faced delays due to land acquisition, utility shifting and traffic management challenges. Once operational, it is expected to improve travel time and connectivity across key residential and commercial areas of the city.Read more

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Over 1,000 Mumbai construction sites face stop-work notices over pollution violations

28 Feb 2026

The Maharashtra government has issued more than 1,000 stop-work notices to construction sites across Mumbai for failing to comply with dust and air pollution control norms, the state environment minister informed the legislative assembly earlier this week. Out of 2,224 active sites, 1,952 have installed air quality monitoring sensors, but several were found violating mandatory mitigation rules. Nearly 1,981 show-cause notices were served over the past four months. Authorities have also collected fines and intensified road-cleaning measures as part of the ongoing clean air enforcement drive.Read more

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MHADA advocates cluster redevelopment and policy reforms to ease Mumbai’s housing affordability pressures

Mumbai News Desk

28 Feb 2026

Maharashtra Housing and Area Development Authority (MHADA) says large-scale cluster redevelopment and targeted policy reforms are essential to address Mumbai's deepening housing affordability crisis, as the city's developable land nears exhaustion. Speaking at the ET Realty Real Estate Conclave 2026, MHADA Vice-President and Chief Executive Officer Sanjeev Jaiswal highlighted that Mumbai's housing affordability index — where an average household spends roughly half its income on home loan EMIs — reflects structural constraints in the supply system. He outlined plans to open 800-1,000 acres for cluster-led redevelopment in integrated layouts and called for rationalisation of premiums, development charges and taxes to reduce housing costs by up to 25 per cent. MHADA's roadmap, he said, would help deliver a substantive share of future housing supply and underpin broader efforts to expand access across income segments.Read more

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Sion’s gradual transformation highlights the impact of planned urban living in central Mumbai

Mr. Chintan Sheth, Chairman and Managing Director, Sheth Realty.

28 Feb 2026

Sion is emerging as a case study in how focused redevelopment and infrastructure-led planning can reshape established urban neighbourhoods within Mumbai's existing boundaries. Traditionally viewed as a transit zone between South Mumbai and the eastern suburbs, the locality is gaining relevance among contemporary homebuyers due to its central location, improving connectivity and steady residential renewal. Ongoing and proposed infrastructure projects, including flyovers and bridge redevelopment, are addressing long-standing mobility constraints, while structured redevelopment is replacing ageing housing stock with better-planned residential buildings. Supported by social infrastructure, relative affordability and proximity to major employment hubs, Sion is increasingly being positioned as a balanced residential micro-market. Its transformation reflects a broader shift in Mumbai's urban strategy, where planned upgrades within mature neighbourhoods are contributing to more liveable, sustainable urban environments.Read more

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Navi Mumbai civic body undertakes partial demolition of unauthorised construction in Koparkhairane after non-compliance with notice

28 Feb 2026

The Navi Mumbai Municipal Corporation has carried out partial demolition action against unauthorised construction in the Koparkhairane division after the concerned party failed to comply with a statutory notice issued under the Maharashtra Regional and Town Planning Act, 1966. The action was undertaken on 23 February 2026 following the expiry of a notice served on 17 February 2026 for illegal construction at Plot No. 1034, Koparkhairane, Navi Mumbai. The encroachment department proceeded with partial demolition and recovered a penalty of INR 25,000 from the owner. The operation was executed under senior civic supervision with police protection and mechanical assistance. The municipal corporation stated that similar enforcement drives will continue across its jurisdiction to deter unauthorised development and ensure compliance with planning regulations.Read more

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Navi Mumbai civic body undertakes city-wide cleanliness drives under ‘Clean water, clean mind’ campaign

28 Feb 2026

The Navi Mumbai Municipal Corporation carried out large-scale cleanliness drives across multiple locations under the 'Clean water, clean mind' initiative, implemented as part of the Amrut project with active public participation. The campaign, conducted earlier this week on a public holiday, saw civic officials, sanitation workers and volunteers from Sant Nirankari Mission jointly undertaking intensive cleaning activities at water bodies and public spaces across Navi Mumbai. Key locations included Jewel of Navi Mumbai, Chincholi Lake in Jui Nagar and the Mini Sea Shore area in Vashi. Collected waste was transported for scientific processing to the municipal solid waste facility at Turbhe.Read more

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Southern Railway adds shuttle services to St Thomas Mount to ease suburban commuter disruptions

Chennai News Desk

28 Feb 2026

Southern Railway has introduced additional EMU shuttle services between Guduvanchery and St Thomas Mount to manage commuter inconvenience caused by revised suburban train operations linked to redevelopment work at Chennai Egmore station. The changes had reduced direct services on the busy Beach-Tambaram-Chengalpattu corridor, leading to crowding and longer travel time. Trial runs of the shuttle services were conducted successfully before rollout. Transport representatives have raised concerns over lack of consultation and suggested better coordination and more fast local services to reduce passenger inconvenience.Read more

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BMC orders inquiry into alleged commercialisation of recreational ground at Phoenix Mills

Mumbai News Desk

28 Feb 2026

The BMC has launched an inquiry into the Phoenix HSBC Racquet Club amid allegations of unauthorised commercialisation of a recreational ground at Phoenix Mills, Lower Parel. Citizens' group Chaka Chak Lower Parel reported that the 4,058.16 sq.m terrace, originally sanctioned as a public recreational ground, is being used as a ticketed, revenue-generating sports club managed by Bellona Hospitality Services. The complaint cites violations of the MRTP Act, MMC Act, and Development Control and Promotion Regulations, noting that such conversions limit public access and could set a precedent for reducing open spaces in Mumbai.Read more

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Supreme Court says occupants on Haldwani railway land have no legal right, directs rehabilitation assessment

28 Feb 2026

The Supreme Court of India has held that residents living on encroached railway land in Banbhoolpura area of Haldwani do not have any legal right over the property, which belongs to Indian Railways. While allowing authorities to proceed with infrastructure plans, the court directed the Centre and the Uttarakhand government to assess eligibility of over 5,000 affected families under the Pradhan Mantri Awas Yojana. The matter is scheduled for further hearing on April 1, with officials required to submit a status report on rehabilitation steps.Read more

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NGT seeks response on pollution concerns linked to coal transport in Talcher

27 Feb 2026

The National Green Tribunal has issued notices on a petition alleging pollution caused by railway coal transport in Odisha's Talcher region. The plea claims that railway sidings serving nine open-cast coal mines are operating without mandatory consent from the Odisha State Pollution Control Board. The NGT's East Zone Bench in Kolkata has sought responses from concerned authorities within six weeks and scheduled the next hearing for April 16. The tribunal observed that the matter raises substantial environmental compliance issues that require detailed examination.Read more

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Vikram Solar and Waaree Energies see limited impact from US solar duties

27 Feb 2026

Vikram Solar and Waaree Energies have indicated that recent US countervailing duties on certain solar products from India are unlikely to have a significant financial impact on their operations. Both companies highlighted their diversified supply chains, which reduce reliance on Indian-origin cells, helping maintain continuity in their US orders. With India's Cabinet easing evacuation infrastructure, installation momentum is expected to increase. Recent major contracts, including a 378.75 MW module order from Indian Oil-NTPC Green Energy for Gujarat, reflect ongoing growth. Both firms are also planning to expand US manufacturing capacity this fiscal year.Read more

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Tata Communications and RailTel collaborate to strengthen AI-ready digital infrastructure in India

27 Feb 2026

Tata Communications and RailTel Corporation of India have entered into a strategic partnership to strengthen India's digital backbone with a focus on AI-ready networks, cloud services and cybersecurity. The collaboration integrates RailTel's nationwide optical fibre network of over 63,000 route kilometres and connectivity across more than 6,000 railway stations with Tata Communications' global digital network and cloud capabilities. The move aims to enhance network resilience, enable secure and sovereign cloud adoption, and improve service delivery for government bodies, public sector units and enterprises across the country.Read more

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Apple to open sixth India store in Borivali; Tata Power and Britannia announce new launches

27 Feb 2026

Apple is expanding its physical retail presence in India with a new store in Borivali, Mumbai. The outlet will be the company's sixth in the country and will operate fully on renewable energy while employing over 70 people. In parallel developments, Tata Power has introduced smart lighting and automation solutions for commercial and industrial buildings under its EZ Home initiative, targeting up to 80 per cent energy savings. Britannia has also unveiled a premium variant of its 50-50 biscuit to mark the brand's 30th anniversary.Read more

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Foreign firms drive major growth in India's office space through GCCs

27 Feb 2026

Foreign firms, primarily from the US, have significantly shaped India's office market over the past five years, leasing 101 million sq ft for Global Capability Centres across seven major cities. GCCs now represent over a third of total office demand, evolving from cost-focused centres to innovation-driven knowledge hubs. While US tech companies' demand may stabilize, interest from EU and UK firms in engineering, BFSI, and consulting is expected to rise. Analysts predict GCCs will account for 40-50 per cent of future office leasing, including increasing presence in Tier-2 cities and co-working spaces.Read more

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BMC to deploy INR 36,623 crore from fixed deposits for infrastructure push in 2026-27 budget

27 Feb 2026

Mumbai's civic body has proposed a INR 80,952.56 crore budget for 2026-27, reflecting an 8.77 per cent rise over the previous year. A key highlight is the planned deployment of INR 36,623.09 crore from fixed deposits to finance major infrastructure works. Capital expenditure forms nearly 60 per cent of the total outlay under the Mega Mumbai Makeover plan. Large allocations have been made for coastal roads, sewage treatment upgrades, road concretisation, water security and healthcare infrastructure. The BMC is also examining municipal bonds as a new funding route.Read more

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