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

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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Kolkata identifies critically unsafe buildings; urgent repairs or demolition underway

06 Aug 2025

The Kolkata Municipal Corporation has renewed its crackdown on structurally unsafe buildings, revealing that 10% of nearly 3,000 flagged structures are in a critical state. Mostly over a century old and built with lime and mortar, these buildings have weakened further due to harsh monsoon cycles. High-risk areas include Burrabazar, Cossipore, Burtolla, and parts of central Kolkata. Following a recent fatal collapse in Bowbazar, officials have reactivated demolition and repair orders. Urgent notices are being served to landlords and residents in severely damaged buildings across streets like Ripon Street and Lenin Sarani. Civic engineers have been tasked with re-inspections and immediate safety action.Read more

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Vikram Solar wins 250 MW module supply deal from Bondada Group for Maharashtra project

05 Aug 2025

Vikram Solar has secured a 250 MW solar module supply contract from Bondada Group for an upcoming renewable energy project in Maharashtra. The agreement involves the supply of advanced N-Type modules, known for their efficiency and high energy output. Deliveries for the order are scheduled to begin in the fiscal year 2025-26. While the deal's monetary value remains undisclosed, it reinforces Vikram Solar's position as a top manufacturer listed under India's Approved List of Models and Manufacturers (ALMM). The project is expected to aid Maharashtra's green energy transition and sustainability targets.Read more

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Suburban-metro interchange upgrades planned at Dadar, Andheri, Ghatkopar, Kurla

05 Aug 2025

Indian Railways is working on a plan to integrate its suburban railway network with Mumbai's rapidly growing metro system to ensure a smooth travel experience for commuters. The Mumbai Rail Vikas Corporation (MRVC) is coordinating with metro authorities to align infrastructure at key interchange stations. This initiative, which includes proposed skywalks and common concourses at major hubs like Dadar, Kurla, and Andheri, aims to allow passengers to switch between the two networks without having to exit station premises. This move is part of a wider effort to make multi-modal transit more attractive for daily users and to reduce travel time across the Mumbai Metropolitan Region.Read more

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Gurugram Metro Phase 1: Dilip Buildcon-RBL emerge as lowest bidders for 15-km corridor

05 Aug 2025

The Gurugram Metro project advanced as bids for Phase 1-linking Millennium City Centre to Sector 9-were opened this week. Dilip Buildcon and RBL submitted the lowest bid, now under review. Phase 1 includes a 15+ km elevated corridor with 14 stations and a 2 km spur to the Dwarka Expressway, plus a ramp to a future depot in Sector 33. Of eight bidders, six cleared technical evaluation. Construction is expected to start by September and finish in 30 months. Authorities stress strict timelines and ongoing monitoring. While planning delays persist at the Cyber City interchange, Phase 1 promises major mobility improvements across Gurugram.Read more

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Indian Railways gets INR 11K crore boost with multitrack projects to cut congestion

05 Aug 2025

The Union Cabinet yesterday approved four multitracking projects for Indian Railways, worth INR 11,169 crore for 574 kilometers across six states. This move is aimed at increasing network capacity, enhancing train speed, and easing congestion on some of the busiest sections of the railway network. The projects are expected to be completed by 2028-29 and will result in additional freight traffic of nearly 96 million tonnes per year, while also generating about 2.34 crore man-days of direct employment during construction.Read more

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Five bridges in Raigad closed for heavy vehicles due to safety concerns

04 Aug 2025

Five bridges and two culverts across key routes in Raigad district have been closed to heavy vehicles following a structural audit revealing dangerously low load-bearing capacities, ranging from 5 to 16 tonnes. District collector Kishan Jawale issued the order, as the ongoing monsoon has worsened these structures. The ban affects routes including Alibag-Roha and Poynad-Usar-Bhandardara. Authorities urge strict compliance to prevent accidents, highlighting the need for vigilance over aging infrastructure in the district.Read more

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Mumbai's GT Hospital secures approval for new medical college building after decade-long wait

04 Aug 2025

Mumbai's GT Hospital has received crucial approval to construct a new medical college building on its premises, marking a significant step after a decade-long wait. The Maharashtra government has sanctioned over INR 210 crore for the modern 20-storey facility, which will include classrooms, laboratories, hostels, and staff quarters. This development aims to demolish the hospital's old structure and address a long-standing space crunch, enhancing medical education and infrastructure in south Mumbai. The project, vital for boosting healthcare services, is expected to take two to three years for completion and follows the hospital's recent launch of its first MBBS batch.Read more

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Bhubaneswar civic body urges property owners to transfer internal roads for development

04 Aug 2025

The Bhubaneswar Municipal Corporation has urged property owners to officially transfer internal roads built during plot development to the civic body. Many roads remain undocumented, stalling drainage and road works. Since taking over building approvals in 2020, officials found widespread non-compliance by developers. The mayor stressed that no further infrastructure work would proceed without these transfers. The Corporation also introduced mandatory ID cards for all staff after a security incident and invited ideas to boost revenue collection. Emphasising interdepartmental coordination, officials aim to clear administrative hurdles, speed up infrastructure rollout, and enhance transparency in service delivery across newly developed and existing city areas.Read more

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Ahmedabad Airport rated No. 1 worldwide for passenger satisfaction in Q2 2025

04 Aug 2025

Ahmedabad's Sardar Vallabhbhai Patel International Airport (SVPIA), managed by the Adani Group, has topped the global Airport Service Quality (ASQ) survey for Q2 2025, earning a perfect 5/5 score in its category (5-15 million passengers/year). This marks its second consecutive quarter at the top. Passengers praised its smooth check-ins, quick security, friendly staff, and clean spaces. SVPIA handled 13.3 million passengers and nearly 280 flights daily in FY 2024-25. It also received awards for safety, sustainability, and quality-like the 5S Certification and Level 4 ACI accreditation. The recognition underlines SVPIA's focus on seamless travel and eco-conscious operations.Read more

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