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

India builds 10,660 km of highways in FY25, down from previous year

25 Jul 2025

The pace of National Highways construction in India slowed to 29 kilometers per day during the last fiscal year, Parliament was recently informed. This marks a decrease from the previous year's rate of 34 kilometers per day. Despite the slowdown, the Union Road Transport and Highways Minister Nitin Gadkari highlighted significant ongoing progress under initiatives like Bharatmala Pariyojana and PM GatiShakti. The government continues to focus on developing greenfield high-speed corridors and expressways to enhance logistics efficiency and aims to operationalize remaining sections in the coming years.Read more

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Delhi unveils redevelopment plan for Old Delhi markets with trader-backed welfare board

25 Jul 2025

Delhi Chief Minister Smt Rekha Gupta announced that her government is drafting a redevelopment plan for the historic markets of Old Delhi, with a focus on preserving their commercial identity and supporting trade growth. During a meeting with representatives from Bhartiya Udyog Mandal, she emphasised that there are no plans to relocate markets, and the administration is working on initiatives to modernise infrastructure while maintaining proximity for small businesses. A 15-member Delhi Traders Welfare Board, largely composed of traders, has been established to address industry concerns, offer social security, and streamline business operations.Read more

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Encroachments removed in Chandigarh to make way for housing, industry, and green zones

25 Jul 2025

Chandigarh's administration has recently reclaimed nearly 50 acres of government land previously occupied by slums, informal colonies, and markets. These clearances, which displaced thousands, aim to unlock the stalled third phase of the city's master-plan. Concurrently, a purpose-built bulk market and infrastructure upgrades highlight efforts to modernize urban governance. These initiatives build on Chandigarh's legacy as a planned city and reflect its ambition to emerge as a model smart, green, and knowledge-driven hub under the broader vision for national development.Read more

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Amar Nagar PAPs to get 300 sq ft homes in Bhandup as BMC advances GMLR tunnel plan

25 Jul 2025

The Brihanmumbai Municipal Corporation (BMC) is set to demolish 625 homes in the Amar Nagar slum in Mulund to make way for the Goregaon-Mulund Link Road (GMLR) tunnel, a key east-west connectivity project. Affected residents will be relocated to six new rehabilitation towers in Bhandup West, with 906 flats under construction at Runwal Forest. Each resettled family will receive a 300 sq ft apartment. So far, 350 residents have been confirmed eligible for relocation, with assessments ongoing. The GMLR includes a 4.7 km tunnel from Goregaon's Film City to Mulund, designed to ease traffic congestion across Mumbai. Relocation is expected by December 2025.Read more

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Arisinfra bags INR 340 crore deal to supply materials for Transcon projects in Mumbai

24 Jul 2025

Arisinfra Solutions Ltd., India's first listed construction supply network, has secured a INR 340 crore contract as a key partner for Transcon Group's projects in Mumbai. The deal covers end-to-end delivery of RMC, steel, cement, and finishing materials. Arisinfra's CEO, Srinivasan Gopalan, highlighted the alignment with large-scale developments demanding speed and integration. Transcon's Shraddha Kedia Aggarwal praised the partnership for easing backend complexity and enhancing project delivery. Arisinfra also recently secured orders from the Wadhwa Group and Village Wave, pushing its total project order book past INR 750 crore. This marks a growing shift toward organized, accountable execution in India's real estate sector.Read more

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UP begins building dedicated offices for property registrations in 380 locations

24 Jul 2025

The Uttar Pradesh government has launched a statewide upgrade of stamp and registration offices, aiming to equip all 380 sub-registrar locations with purpose-built facilities. Inaugurations and foundation-laying ceremonies took place across several districts, including Baghpat, Azamgarh, and Amethi. The new offices will follow a standard design and include Wi-Fi, solar panels, rainwater harvesting, and barrier-free access. This overhaul replaces cramped, rented premises with modern, citizen-friendly spaces for handling property documents and title transfers. Third-party audits are mandated to ensure timely, quality construction. With an initial investment of INR 18.56 crore for eight offices, the initiative promises more professional and accessible land-related services across the state.Read more

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Mumbai Infrastructure: Final phase of SCLR to connect Chembur and BKC via signal-free route

22 Jul 2025

Mumbai's real estate and infrastructure landscape is set for a major upgrade with the Santacruz-Chembur Link Road (SCLR) extension nearing completion. Scheduled to open in July 2025, the final phase includes a striking 90-degree cable-stayed bridge over the Western Express Highway, creating a seamless, signal-free east-west route. Led by MMRDA, the project will ease congestion across Kurla, Chembur, Kalina, and BKC, and improve access to Mumbai Airport. Real estate interest, especially in Chembur, is rising, echoing past price surges seen after earlier infrastructure rollouts. The extension is expected to boost connectivity, reduce travel time, and enhance overall urban liveability.Read more

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ADB sanctions INR 975 crore for infrastructure in Tripura's key industrial zones

22 Jul 2025

The Asian Development Bank has sanctioned a INR 975.26 crore loan to boost infrastructure across nine industrial zones in Tripura, including Bodhjungnagar, R K Nagar, Dukli, and AN Nagar. The funds will support 34 road projects, fire stations, industrial sheds, substations, and underground power lines. Tripura Industrial Development Corporation (TIDC) is also developing new industrial areas on 155 acres in Santirbazar and Fatikroy, and has reclaimed 28 acres from inactive units for reallocation. TIDC plans to promote plywood manufacturing using wood from senile rubber plantations, positioning Tripura to emerge as a key player in India's plywood industry.Read more

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Texmaco Rail partners with AMP Energy to launch 10 MW solar plant under group captive model

22 Jul 2025

Texmaco Rail & Engineering Ltd has commissioned a 10 MW captive solar power plant at its Raipur facility in partnership with AMP Energy India. The plant will generate over 15 million units of clean electricity annually, supporting Texmaco's commitment to ESG goals and responsible manufacturing. Developed under India's Group Captive Open Access Policy, the project offers Texmaco cost savings of 30-40% on power while reducing grid dependency. This initiative marks a major step in the company's clean energy transition. Texmaco, a leading name in railway and infrastructure manufacturing since 1939, reinforces its role in India's industrial sustainability movement.Read more

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Tata Power Renewable secures 30 MW/120 MWh BESS project from NHPC in Kerala

22 Jul 2025

Tata Power Renewable Energy Ltd (TPREL) has won its first Battery Energy Storage Purchase Agreement (BESPA) with a 30 MW / 120 MWh project awarded by NHPC for deployment in Kerala. This battery system, to be set up at a 220 kV substation, will provide four hours of backup power and support Kerala State Electricity Board's grid needs. Operating under a 12-year contract, the project will enhance grid stability and enable greater renewable integration. Part of NHPC's broader 125 MW / 500 MWh BESS plan, the initiative supports India's 500 GW non-fossil fuel goal for 2030. TPREL's total renewable capacity now stands at 10.9 GW.Read more

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