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

NBCC wins INR 103 crore contract to refurbish Lokpal office in Delhi

08 Aug 2025

NBCC (India) Ltd, a government-owned construction and project management firm, has secured a major contract worth nearly INR 103 crore from the Lokpal of India. The project involves comprehensive infrastructure work including repairs, retrofitting, and interior upgrades for Lokpal's office located in Vasant Kunj, South Delhi. The work order was formalized under a new agreement signed between both entities earlier this week. The project cost, excluding GST, is pegged at INR 102.97 crore.Read more

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BMC considers demolishing the MTNL Flyover in Goregaon for Coastal Road link

08 Aug 2025

Mumbai's civic body is planning to demolish the MTNL flyover in Goregaon to facilitate seamless connectivity between the upcoming Coastal Road (North) and the Goregaon-Mulund Link Road (GMLR). The flyover, linking Mindspace to Dindoshi Court, stands in the path of the planned transition to GMLR tunnels. While officials say the move will improve east-west mobility, locals and politicians are divided-some worry about worsening traffic, especially towards Malad and Marve, while others criticise the demolition of a functional, decade-old structure as poor planning. The controversy echoes the earlier removal of Bandra's skywalk for Metro Line 2B.Read more

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Odisha CM announces mega steel plant in Keonjhar, land acquisition to begin soon

08 Aug 2025

Odisha Chief Minister Shri Mohan Charan Majhi has announced that land acquisition for a mega steel plant in Keonjhar district will begin soon, as the company has already deposited the required funds. A joint venture between JSW Group and South Korean steel giant POSCO, is set for an initial investment of over INR 40,000 crore and a production capacity of 5 million tonnes per year. This development is seen as a key step in boosting the mineral-rich district's economy and creating new employment opportunities for local youth, with the Chief Minister taking it as a challenge to bring large-scale industry to the area.Read more

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IRB Infra sees 10% jump in July toll revenues; Maharashtra Expressway leads the surge

07 Aug 2025

IRB Infrastructure Developers Ltd recorded a 10% year-on-year increase in toll revenue for July 2025, collecting INR 548 crore as against INR 499 crore during the same period last year. Maharashtra's MP Expressway remained the highest contributor despite a slight dip, while Hyderabad's Golconda Expressway and the Ahmedabad-Vadodara corridor followed with notable growth. The company attributes the uptick to improved traffic volumes and remains confident about sustaining this trend through the festive season. IRB's strong portfolio, spread across 12 states, continues to be a key driver in India's toll road ecosystem.Read more

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Highways Ministry undertakes large-scale expansion and maintenance of national roads network

07 Aug 2025

The Ministry of Road Transport and Highways is managing a vast portfolio of national highway construction across India, with 1,240 projects spanning over 29,000 km currently under development. Union Minister Shri Nitin Gadkari informed the Rajya Sabha that these works, with a total cost of INR 7.80 lakh crore, are being executed in stages and are expected to conclude by the financial year 2028-29. Of the ongoing works, more than 15,600 km have already been completed. The government is also expanding its focus on electric vehicle infrastructure and road maintenance.Read more

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New corridor to link Vadhavan port with Samruddhi E-way, boosting industry and exports

07 Aug 2025

The Maharashtra Cabinet recently approved construction of a roughly 105 km freight corridor connecting the upcoming Vadhavan port in Palghar with the Samruddhi Expressway in Nashik. The route will slash the current 183 km detour and cut transit time from around five hours to just one to one and a half hours, enhancing cargo logistics between coastal and inland regions. The move includes a INR 1,500 crore HUDCO loan and state allocation of INR 2,529 crore. Once built by MSRDC over three years, the corridor is poised to boost industrial, agricultural and educational hubs across the region.Read more

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Karnataka prepares to map 353 sensitive villages under SVAMITVA scheme

07 Aug 2025

The Karnataka government has sought permission from the Union ministry of civil aviation to conduct drone surveys in 353 villages located near airports, defence zones, and other high-security areas. The initiative is part of the state's effort to complete the SVAMITVA scheme, which aims to generate ownership records for rural properties through drone mapping. With surveys already conducted in over twenty-three thousand villages and draft property cards prepared, the state awaits clearance to proceed with the remaining sensitive locations.Read more

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Infopark Phase III: GCDA begins land pooling for 1,000-acre Kochi IT hub

06 Aug 2025

The Greater Cochin Development Authority has commenced the land pooling process for the development of Infopark Phase III in Kochi. Spread across Kizhakkambalam and Kunnathunadu villages, the proposed IT township will cover approximately three hundred acres. The project is being developed using a land pooling model that offers landowners a majority return of their plots post-development, with the prospect of significantly increased land value. This phase comes in response to saturated demand at Infopark's existing phases and aims to attract large-scale investment while fostering modern urban infrastructure.Read more

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Haryana Minister pushes for biogas plants to make gaushalas self-sustaining

06 Aug 2025

Haryana's Animal Husbandry Minister, Shyam Singh Rana, has directed that all cow shelters (gaushalas) in the state set up biogas plants to enhance self-sufficiency and financial viability. He also encouraged producing value-added dairy products within shelters and called for collaboration with Karnal's NDRI to improve livestock quality and milk yields. Budget-linked projects under review include interest-free loans for women-led dairy units, a semen sorting lab, and new gaushala sheds. Rana also called for establishing a cow sanctuary and modernising veterinary diagnostics. Separately, he urged the State Warehousing Corporation to fast-track 3 lakh MT of new warehouse capacity and set up nearby crop procurement centres.Read more

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MPIDC clears Ujjain IT Park Phase II as demand rises for tech-ready commercial space

06 Aug 2025

MPIDC has sanctioned Phase II of the Ujjain IT Park, with a developer already appointed. Aimed at fostering a vibrant tech ecosystem, the expansion follows strong interest in Phase I, which is under construction and has attracted 20 IT firms from Indore, Ujjain, and Bhopal. Phase I features incubation centres, shared research labs, and plug-and-play offices, and is expected to be completed by end-2026, creating 500 direct and 1,000+ indirect jobs. Phase II will add more space and infrastructure for innovation, training, and networking. Officials believe these developments will position Ujjain as a cost-effective, modern tech hub alternative to larger cities.Read more

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