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

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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Arete Group to invest INR 1,200 crore in Dahej for industrial park expansion

24 Apr 2025

Arete Group announced its plan to invest INR 1,200 crore in infrastructure development for the second phase of its Payal Industrial Park (PIP) in Dahej, located within the Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) of Gujarat. Spread across 850 acres, the park will cater to industries such as agrochemicals, pesticides, specialty and inorganic chemicals, dyes and pigments, and chlor-alkali segments. The group, founded in 1990, has diversified operations in industrial parks, real estate, retail, and investments, and aims to attract major players from the chemical sector to set up base at the site.Read more

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BKC bullet train station reaches 75% completion, boosting real estate interest

24 Apr 2025

The underground bullet train station at Bandra-Kurla Complex (BKC) is 75% complete, marking key progress in the Mumbai-Ahmedabad high-speed rail project. Major construction activities, including raft casting and tunneling, are advancing steadily. Of the 21-km tunnel, 16 km will use Tunnel Boring Machines, with the rest built using NATM. Over 3,300 piles have been installed, and work on viaducts and bridges is ongoing across Maharashtra and Gujarat. The corridor is expected to significantly boost mobility in the Mumbai Metropolitan Region. Real estate activity in BKC is already heating up, with developers and investors anticipating a sharp rise in demand ahead of the project's planned 2028 completion.Read more

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Mumbai Metro News: MMRDA completes tunnel breakthrough for metro 7A, 59% work done on airport link

23 Apr 2025

MMRDA has achieved a major milestone for Mumbai's Metro Line 7A with TBM 'Disha' completing a 1.67-km underground tunnel between Gundavali and the airport. The 3.4-km corridor, part of the Red Line 7 extension, includes elevated and underground sections and aims to boost east-west connectivity through key interchanges with Lines 2, 3, 6, and 9. Currently 59% complete, the metro line is expected to be operational by December 2025. Officials say this link will ease airport traffic and cut travel time. CM Shri Devendra Fadnavis hailed it as a step forward in strengthening Mumbai's infrastructure and commuter mobility.Read more

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Mumbai Infrastructure: Carnac Bridge set to reopen, restoring key link to Crawford Market and Fort

23 Apr 2025

After a 2.5-year closure, Mumbai's historic Carnac Bridge near Masjid Bunder will reopen on June 7, 2025. The INR 41.3 crore reconstruction replaces the 1866 British-era structure and aims to decongest key trading routes linking Crawford Market, P D'Mello Road, and CST. The new 70m steel girder bridge was installed in January 2025 during carefully timed railway blocks. Final touches, including road surfacing and safety fittings, are underway. Originally shut in 2022 due to safety concerns flagged in 2018, the revamped bridge is expected to restore crucial connectivity for traders and commuters and ease pressure on detour-heavy routes like Kalbadevi and Princess Street.Read more

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Delhi Airport's Terminal 2 to reopen in 6 months with major passenger upgrades

23 Apr 2025

Indira Gandhi International Airport's Terminal 2 is undergoing a major six-month redevelopment to enhance infrastructure and passenger experience. Delhi International Airport Ltd (DIAL) plans to install six advanced Passenger Boarding Bridges, upgrade HVAC systems, and introduce new skylit ceilings for improved energy efficiency and ambience. The revamp includes a high-resolution Flight Information Display System (FIDS), weather-protective canopies, and accessibility improvements for reduced mobility passengers. These upgrades aim to boost turnaround efficiency, meet rising passenger demand, and align T2 with global airport standards. As IGI Airport surpasses 70 million annual passengers, the T2 overhaul is key to supporting India's growing aviation sector.Read more

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Uttar Pradesh targets 8 lakh rooftop solar units by 2027 under Pradhan Mantri Surya Ghar Yojana

23 Apr 2025

Uttar Pradesh has announced an ambitious plan to install 8 lakh rooftop solar systems by March 2027 under the Pradhan Mantri Surya Ghar Yojana. Led by UPNEDA and tracked via the CM's dashboard, the state aims to install 2.65 lakh systems in 2024-25, averaging 22,000 per month. Over 1 lakh systems are already operational, with 10.73 lakh applications received as of March 2025. Supported by trained vendors and credit schemes, the initiative boosts household energy independence. With states like Maharashtra and Gujarat advancing rooftop solar, UP's aggressive rollout marks a significant move toward decentralized clean energy and rural power stability.Read more

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Mumbai Infrastructure: Eleven Malad lakes set for revival under Project Mumbai by 2026

23 Apr 2025

Eleven lakes in Malad will be rejuvenated over the next two years as part of 'Project Mumbai,' Union Minister Piyush Goyal announced. Phase 1 has already begun with five lakes, while Phase 2 will cover six larger, more degraded waterbodies. The initiative includes desilting, sewage diversion, and the creation of walking paths, seating zones, and biodiversity improvements. Lakes like Lotus Talao, Hanuman Nagar Talao, and Somnath Talao are among those listed. With support from over 500 companies, officials aim to complete the work by 2026, making this north Mumbai's largest multi-lake restoration effort to date.Read more

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India's core infrastructure growth dips to 3.8% in March 2025

23 Apr 2025

India's eight key infrastructure sectors recorded a slower growth of 3.8% earlier this month, a decline from the 6.3% expansion seen during the same period last year. The dip was largely driven by subdued coal, crude oil, and natural gas performance. While cement and fertilizer output showed double-digit and high single-digit growth, crude oil and natural gas production contracted. For the full financial year 2024-25, core sector growth fell to 4.4%, down from 7.6% in the previous fiscal. These sectors hold a 40.27% weight in the Index of Industrial Production (IIP).Read more

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Andhra Pradesh gives TCS Vizag land for 99 paise to build INR 1,370 crore tech campus

22 Apr 2025

In a bold move to boost IT investments, the Andhra Pradesh government has allotted 21.16 acres of land in Visakhapatnam to Tata Consultancy Services (TCS) at a token cost of 99 paise. The INR 1,370 crore project is expected to create over 12,000 jobs, with TCS set to build a large-scale development centre including innovation labs and skilling hubs. The symbolic pricing signals the state's aggressive push to position Vizag as a major tech hub. With upcoming infrastructure like the Bhogapuram airport and metro, this allotment marks a renewed effort to attract top-tier IT firms and put Andhra on India's digital map.Read more

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