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

Avaada inks pact for 3,600 MW pumped storage projects in Maharashtra to power green ambitions

30 Apr 2025

Avaada Group recently signed a memorandum of understanding with the Maharashtra government to develop two large-scale pumped storage hydro projects Pawana Falyan (2,400 MW) and Sirsala (1,200 MW) with a total proposed investment of INR 15,100 crore. These projects are expected to generate over 3,800 direct jobs and bolster the state's renewable energy infrastructure by ensuring reliable, round-the-clock power supply. The move aligns with Maharashtra's vision to become India's clean energy hub and supports national goals of energy security and sustainability through grid stability and seamless renewable integration.Read more

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Mumbai Infrastructure: BMC targets pre-monsoon opening for Gokhale bridge and Vikhroli flyover

30 Apr 2025

The Gopal Krishna Gokhale bridge in Andheri is on track to complete its main construction by April 30, 2025, according to Brihanmumbai Municipal Corporation (BMC) officials. Although the structure itself is nearly finished, traffic opening will depend on further inspections and approvals from railway authorities. Minor works such as signage and barriers will continue post-completion. The bridge will improve east-west connectivity in Andheri, alleviating traffic on SV Road and the Western Express Highway. Meanwhile, the Vikhroli flyover project, though 95% complete, faces delays due to complex engineering challenges, with a completion target set for May 31.Read more

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Mumbai Airport to start hand-carried jewellery exports from 1st May 2025

29 Apr 2025

Starting 1st May 2025, Mumbai International Airport will officially begin hand-carriage jewellery export operations, a major boost for India�s gem and jewellery trade. Enabled by CBIC Circular No. 09/2025-Customs, the move follows a successful mock drill involving key industry bodies and customs authorities. GJEPC Chairman Kirit Bhansali praised the initiative for simplifying logistics, especially for MSME exporters, and strengthening India's position as a global jewellery hub. A Standard Operating Procedure (SOP) will soon be issued to guide exporters. With a dedicated GJEPC office at the airport, the initiative promises greater flexibility, growth, and global reach for India's jewellery sector.Read more

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Ludhiana's C&D waste processing plant set to open in Dhandhari

29 Apr 2025

Ludhiana is on the verge of launching a much-anticipated construction and demolition (C&D) waste processing plant in the Dhandhari area. Originally estimated at INR 2.69 crore, the project's cost escalated to INR 7.5 crore due to unforeseen challenges, including the site's history as a former dumpsite. Despite these setbacks, the plant is now nearly complete, with civil construction and machinery installation finished. Once operational, it aims to process 100 tonnes of C&D waste daily, addressing the city's ongoing waste management issues.Read more

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Tata to build INR 3,273 crore IT park in Whitefield, Bengaluru

28 Apr 2025

The Karnataka government has approved Tata Realty's INR 3,273 crore IT and ITeS park in Whitefield, Bengaluru, which is expected to create 5,500 jobs. The 25.5-acre Tata Intellion Park, developed on land acquired from Graphite India, includes sustainability mandates, local hiring, CSR commitments, and vendor development. Tata Consultancy Services plans to build long-term infrastructure for 25,000 seats within the same campus. Karnataka Udyog Mitra will support project execution. With this, Tata's investment signals increased confidence in the region's infrastructure. The project is set to strengthen Bengaluru's IT corridor and aligns with the state's ambition to become a global technology and innovation hub.Read more

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Mumbai: BMC plans heritage-view Town Hall complex near CSMT and HQ

28 Apr 2025

The BMC has announced a landmark Town Hall Gymkhana project between CSMT and its heritage HQ, blending heritage revival with civic engagement. Planned on the Cannon and Carnac sports grounds, the complex will feature a public town hall, amphitheatre, glass-domed viewing gallery, restaurants, and five underground floors with parking and recreational spaces. For the first time, Mumbaikars will enjoy panoramic views of CSMT and Azad Maidan. Urban planners praise the project as a model for heritage-sensitive development. Tenders are out, and officials stress adherence to Fort precinct design norms. The initiative is expected to boost footfall and spur local redevelopment.Read more

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Mumbai: Vidyavihar railway overbridge to complete by mid-2026 after decade-long delay

28 Apr 2025

The INR 160-crore Vidyavihar railway overbridge, linking LBS Marg and Ramkrishna Chemburkar Marg, is finally set for completion by mid-2026 after years of delays due to land and coordination issues. The 650-metre ROB, one of Mumbai's longest, will ease east-west congestion across the Kurla-Vidyavihar-Ghatkopar corridor. With RDSO approvals in place, the final deck will be launched by May 2024. Improved connectivity is expected to boost property values in Vidyavihar East by 8%-10%, spurring redevelopment. The project is part of BMC's larger push to modernize Mumbai's ROB network, with the Santacruz-Chembur Link Road extension next in line.Read more

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New rural industrial parks in Telangana aim to bridge urban-rural development gap

24 Apr 2025

In a significant move to bolster rural industrialization, Telangana's panchayat raj department has approved the establishment of industrial parks in villages, aligning them with urban standards. The Industrial Area Development Authority (IADA) will spearhead this initiative, focusing on four districts Kamareddy, Medchal, Sangareddy, and Rangareddy in the initial phase. Each park will span approximately 150 acres, with a dedicated 10% allocation for women entrepreneurs. This development aims to enhance land values, generate employment, and invigorate local economies, marking a pivotal step towards inclusive growth in the state.Read more

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Indian Railways plans freight rate cut for short hauls to compete with trucks

24 Apr 2025

To challenge road transport dominance, Indian Railways is planning to cut freight rates for cargo within 300 km, starting with pilots in Gujarat and Maharashtra. Aimed at sectors like coal, cement, and steel, the policy seeks to tap into under-utilised short-haul potential. With current rail rates nearly twice that of road at INR 1.36/tonne/km, last-mile delivery remains a bottleneck. Plans include 100,000 new sidings and improved terminals to speed up cargo flow. If successful, the move could help boost Indian Railways' freight share from 28% to 35% and reshape logistics along key industrial corridors.Read more

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Bandra to Vasai: New heritage guides map Mumbai's overlooked landmarks

24 Apr 2025

The Maharashtra State Archives has launched four heritage trail handbooks tracing colonial and local history from Bandra to Vasai. Led by director Dr. Rucha Deo, the project covers trails through Bandra, Andheri-Dahisar, Mira-Bhayandar, and Bassein, highlighting forts, churches, markets, and East Indian villages. Developed with support from institutions like St Xavier's College and JJ School of Architecture, the booklets include QR-mapped locations, architectural sketches, and oral histories. Officials aim to integrate these trails into tourism and educational initiatives, helping residents reconnect with Mumbai's overlooked suburban heritage. Digital editions are also planned to widen access and revive community interest.Read more

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