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%

Infrastructure News

Despite MMRDA push, Raigad villagers submit objections to Third Mumbai and warn of mass protest

1 hour ago

Thousands of farmers from Raigad district have intensified their opposition to the proposed Karnala-Sai-Chirner New Town project widely referred to as Third Mumbai with a large convention held in Uran reaffirming their resolve to resist land acquisition. The protest, organised by the KSC New Town Project Opposition Committee, comes after MMRDA formally initiated land acquisition procedures across 124 villages in the Uran, Panvel, and Pen talukas of Raigad, following a state government resolution issued in March 2026. Villagers allege inadequate consultation, threat to agrarian livelihoods, and legal bypassing of the Land Acquisition Act, 2013.Read more

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BMC kicks off Dadar parking project with introductory 50% rebate

Mumbai News Desk

3 hours ago

• The BMC is planning a pilot parking hub in Dadar to address congestion and improve parking management in one of Mumbai’s busiest commercial and transit districts.
• The project aims to create a structured parking model that makes better use of limited urban space and reduces roadside parking.
• Civic authorities are evaluating locations and implementation mechanisms before rollout.
• If successful, the model could be replicated in other congested parts of Mumbai facing growing traffic and parking pressures.
Read more

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Delhi launches INR 75 crore infrastructure upgrade to modernise Wazirpur Industrial Area

8 hours ago

• The Delhi government has initiated an INR 75 crore road and drainage redevelopment project for the Wazirpur Industrial Area.
• The initiative aims to improve internal roads, strengthen drainage infrastructure, and address long-standing waterlogging issues.
• Better civic infrastructure is expected to enhance industrial operations and ease transportation within the manufacturing hub.
• The project forms part of the government's broader effort to upgrade key industrial clusters across the national capital.
Read more

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Reliance–Meta AI hub to put Jamnagar on global data centre map

9 hours ago

• Reliance Industries and Meta have partnered to develop an AI-enabled data centre in Jamnagar, Gujarat, marking Meta’s first built-to-suit data centre project in India.
• The facility will have an initial capacity of 168 MW, with scope for future expansion, and is expected to support Meta’s global AI and digital infrastructure requirements.
• Reliance will provide end-to-end development and operational services, including renewable energy integration, network connectivity and utility management.
• The project is expected to strengthen India’s position as a destination for large-scale AI infrastructure and hyperscale data centre investments.
Read more

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Bhupendra Patel sanctions INR 629 crore for four-laning of six key roads across Kutch district

10 hours ago

• Gujarat Chief Minister Bhupendra Patel sanctioned INR 629 crore on 8 June 2026 for the four-laning of six major road stretches across Kutch district, covering a combined length of approximately 43.5 km.
• The roads identified for upgrade span key stretches connecting Mundra, Zarpara, Kandagara, Deshalpar, Siracha, and Navinal, including dedicated bypass roads for three villages.
• The upgrade is expected to improve the movement of heavy vehicles operating to and from Mundra Port and the surrounding industrial and commercial hubs.
• Beyond logistics, the state government cited improved rural connectivity, road safety, and a boost to Kutch's tourism sector as additional objectives of the programme.
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NHAI outlines asset monetisation strategy to recycle highway capital and accelerate infrastructure investment

12 hours ago

The National Highways Authority of India (NHAI) has detailed its asset monetisation strategy aimed at unlocking value from operational highway assets to finance new infrastructure development across the country. The framework relies on instruments such as Toll-Operate-Transfer (TOT), Infrastructure Investment Trusts (InvITs) and securitisation to attract long-term domestic and global investors. By recycling capital generated from mature assets, the authority seeks to reduce dependence on budgetary support while sustaining the pace of national highway expansion and improving overall asset management.Read more

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Zojila Tunnel Breakthrough Marks Major Milestone in India's Himalayan Infrastructure Push

13 hours ago

The breakthrough of the main tunnel at the eastern portal of the Zojila Tunnel project marks a significant milestone in India's efforts to establish year-round connectivity between Jammu & Kashmir and Ladakh. Witnessed by Union Minister for Road Transport and Highways Nitin Gadkari, the achievement brings the nearly 14-km-long tunnel closer to completion. Once operational, the INR 6,800-crore project is expected to dramatically reduce travel time, improve road safety, boost tourism and trade, and strengthen strategic connectivity in the Himalayan region. The milestone also comes amid the government's broader push to develop highway and tunnel infrastructure worth over INR 1.35 lakh crore across Jammu & Kashmir and Ladakh.Read more

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Mangaluru IT park tender extended after failing to attract bidders

16 hours ago

The Karnataka government has extended the bidding deadline for the proposed INR 135 crore IT Park in Mangaluru after the project failed to receive any bids in its initial tender round. The development, planned on a 3.2-acre site at Derebail under the state's ‘Beyond Bengaluru’ initiative, is being implemented by the Karnataka State Electronics Development Corporation (KEONICS) through a public-private partnership model. Industry stakeholders have attributed the weak response to inadequate road connectivity, site-readiness concerns, stringent tender conditions and commercial terms that do not align with Mangaluru's market dynamics. The project is expected to create around 11,000 jobs and provide more than 3.5 lakh sq ft of Grade A office space, but concerns over infrastructure continue to affect investor interest.Read more

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Nagpur enters monsoon with 278 unsafe buildings still standing

18 hours ago

Nagpur is entering the monsoon season with 278 buildings classified as dangerous by the Nagpur Municipal Corporation (NMC) still standing across the city, raising concerns over public safety amid forecasts of heavy rainfall. Civic authorities have issued notices to property owners and occupants, urging immediate evacuation and structural action. Despite annual inspections and enforcement measures, many unsafe structures remain occupied or have not been demolished due to ownership disputes, legal hurdles and delays in compliance. The issue has drawn attention to the challenges of managing ageing building stock in rapidly urbanising cities, particularly as intense rainfall events increase the risk of structural failures. Authorities have warned residents against occupying identified buildings during the monsoon period.Read more

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Chenani-Nashri tunnel expansion approved to ease traffic on Jammu-Srinagar highway

20 hours ago

The Centre has approved the construction of a new two-lane tube tunnel parallel to the existing Dr Syama Prasad Mookerjee Tunnel on the Chenani-Nashri section of NH-44 in Jammu and Kashmir. Union Minister Jitendra Singh announced the decision after the proposal received clearance from the Ministry of Road Transport and Highways and the National Highways Authority of India. The project aims to address growing traffic volumes on the strategic Jammu-Srinagar National Highway, which serves as the primary road link between the Kashmir Valley and the rest of India. The proposed tunnel will run alongside the existing 9.28-km all-weather tunnel connecting Udhampur and Ramban districts and is expected to improve traffic capacity, road safety and operational resilience on the corridor.Read more

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