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

Airlines not willing to move operations to Navi Mumbai airport: Air India

29 Apr 2026

Air India has told the Airports Economic Regulatory Authority that airlines are not ready to shift operations to Navi Mumbai International Airport immediately due to higher tariffs, limited connectivity, and operational challenges. The airline highlighted that running parallel operations across two airports will increase costs and affect efficiency. While the new airport is expected to ease congestion in Mumbai, airlines are likely to adopt a phased approach rather than a full shift. The feedback reflects broader industry concerns around cost structures, infrastructure readiness, and passenger convenience.Read more

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Mumbai coastal road enters next phase with soil filling for open space development

Mumbai News Desk

29 Apr 2026

The Brihanmumbai Municipal Corporation is set to begin soil filling across nearly 65 hectares of reclaimed land along the Mumbai Coastal Road (South), preparing the area for landscaping. The work will raise ground levels and is expected to be completed before the monsoon. Reliance Industries Ltd, which is handling the development and maintenance of open spaces, had indicated the need for higher ground levels. Once ready, the area will include gardens, promenades, and public amenities, adding significant usable open space in south Mumbai.Read more

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Maharashtra dismantles Smart City SPVs, shifts project control to municipal corporations

29 Apr 2026

The Maharashtra government has dismantled Special Purpose Vehicles (SPVs) set up under the Smart Cities Mission across eight cities, transferring control of projects, assets and governance to municipal corporations. The move follows the conclusion of the Centre-backed mission and the cessation of central funding support. Municipal commissioners will now assume the role of chief executives of the erstwhile SPVs, with all assets to be integrated into civic bodies. The transition raises concerns around administrative capacity, employee displacement and the completion of ongoing projects, while marking a structural shift from SPV-led execution to conventional urban governance frameworks.Read more

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Thane ring metro brought under PMO monitoring to fast-track execution

29 Apr 2026

The Thane Integral Ring Metro project has been placed under direct monitoring of the Prime Minister’s Office through the PRAGATI platform to improve execution and resolve delays. A recent review involving central, state and local authorities assessed progress, with another review scheduled for April 29. The 29-km corridor, estimated at around INR 12,000–12,200 crore, aims to improve intra-city connectivity and reduce road congestion. While construction activity has started in parts, concerns related to environmental impact, alignment changes and lack of public consultation continue to be raised by residents and political groups.Read more

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Karnataka Housing Board’s Amargol colony set to get essential amenities soon

28 Apr 2026

Residents of the Karnataka Housing Board’s Amargol Phase 2 Colony in Hubballi have been assured that long-pending civic amenities are likely to be provided soon after legal and administrative movement around the colony’s transfer to the municipal corporation gained momentum. The process, which had been stalled for years due to issues between KHB and HDMC over payment and handover formalities, has now progressed following a court directive involving settlement of dues. Once the transfer is completed, basic infrastructure such as roads, drainage, water supply, and street lighting is expected to be developed by the civic body.Read more

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Mumbai Metro Line 6 achieves key engineering breakthrough with 42 metre steel span over Western Railway corridor

28 Apr 2026

The Mumbai Metropolitan Region Development Authority has progressed work on Mumbai Metro Line 6 with the completion of a key engineering task involving a 42 metre steel composite span over the active Western Railway corridor near Jogeshwari. The project corridor spans 14.5 km with 13 stations and forms part of the Pink Line, with civil work currently about 87.7% complete. The execution included construction of a critical pier between live railway tracks and precision installation of a heavy steel structure using high-capacity cranes within a limited railway block, without affecting train operations.Read more

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Rajasthan to upgrade 14 highways under World Bank-backed programme

28 Apr 2026

The Rajasthan government is set to upgrade 14 state highways under a World Bank-funded programme aimed at improving connectivity, safety and logistics efficiency across key economic corridors. The initiative forms part of the Rajasthan Highway Modernisation Project, supported by USD 225 million in financing. The programme will cover multiple highway stretches, contributing to the upgrade and maintenance of around 800 km of road network. It is expected to benefit more than 3 million people while supporting sectors such as agriculture, mining, industry and tourism. The project also focuses on climate-resilient infrastructure and institutional strengthening of the state highway authority, reflecting a shift towards performance-based road management.Read more

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Delays in road overbridge works worsen traffic congestion in Thiruvananthapuram

28 Apr 2026

Ongoing delays in road overbridge (ROB) construction across Thiruvananthapuram have intensified traffic congestion at multiple railway crossings. While one bridge has been completed, several key projects remain pending, affecting both road commuters and train operations. These overbridges are part of a broader railway infrastructure upgrade, including line doubling works, but progress has been uneven. Incomplete structures have forced continued reliance on level crossings, leading to frequent traffic halts and longer travel time. Authorities have indicated that the remaining works will be taken up in phases, though timelines are still unclear.Read more

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Navi Mumbai airport to scale up to 50,000 daily passengers by year-end

28 Apr 2026

Navi Mumbai International Airport is expected to significantly increase its operations by the end of the year, with daily passenger traffic projected to reach 50,000 and flight movements rising to around 380. The airport, which began domestic operations in the past year, is currently handling 20,000 passengers daily. Plans to start international services have been delayed due to geopolitical tensions in the Gulf region. IndiGo continues to dominate operations at the airport, contributing a major share of flights and expected to drive further growth.Read more

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Hyundai advances USD 4 billion shipyard plan in Tamil Nadu

28 Apr 2026

HD Hyundai is moving ahead with a USD 4 billion investment to set up a large shipyard in Tamil Nadu, marking a key step in India’s shipbuilding expansion plans. The project, located in Thoothukudi, will be developed through partnerships with government-backed entities and is expected to anchor a broader shipbuilding cluster. It aligns with India’s target to become a leading global shipbuilder and is likely to bring advanced technology, vendor ecosystems, and higher production capacity to the domestic maritime sector.Read more

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