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

HSIIDC invites bids for Global City Project: Development of civic amenities to begin

PNT Reporter

15 Jun 2023

The Haryana State Industrial & Infrastructure Development Corporation (HSIIDC) has invited bids for auctioning three land parcels totaling 142.5 acres at the Global City project site. The project, located near the Dwarka Expressway, aims to become the central business district of Gurgaon, incorporating advanced technology and mixed land-use. The development includes the construction of a utility tunnel, making Global City a "digging-free city." The HSIIDC estimates the cost of developing essential services and amenities at Rs 931 crore and has organized roundtable conferences to attract investments for the project.Read more

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Trichy Corporation allocates 8.9-acre land for Tidel Park

PNT Reporter

15 Jun 2023

Trichy Corporation has recently concluded the selection of an expansive 8.9-acre plot of land in Panjapur for allocation to Tidel Park Limited. This organization is a joint venture between the Tamil Nadu Industrial Development Corporation (TIDCO) and the Electronic Corporation of Tamil Nadu (ELCOT), both state-owned entities. The primary objective of this acquisition is to facilitate the construction of a state-of-the-art office space specifically designed for IT and ITES companies operating in Trichy city.Read more

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Karnataka proposes construction of 1,000 luxury villas on Bengaluru outskirts

PNT Reporter

14 Jun 2023

Karnataka's Housing Minister, B Z Zameer Ahmed Khan, has recommended the Karnataka Housing Board (KHB) to consider a grand proposal of 1,000 luxury villas across a 500-acre land on Bengaluru's outskirts. These residences are aimed at attracting international industrialists and VIPs who wish to establish a permanent base in the city. The plan, part of a larger scheme involving five high-tech cities on 2,000 acres, envisages a 50:50 public-private partnership to offset land acquisition costs. The move promises to transform Bengaluru into an appealing residential hub on the global map.Read more

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Thiruvananthapuram's Master Plan 2040 suggests two Transit-Oriented Development (TOD) corridors

PNT Reporter

14 Jun 2023

The draft master plan for Thiruvananthapuram introduces Transit-Oriented Development (TOD) as an innovative approach to promote sustainable urban growth. The plan includes two TOD corridors along the old NH-47 and NH bypass, where a flexible floor area ratio (FAR) will be implemented to encourage mixed land use and efficient transportation. The plan suggests various policy measures and incentives to support TOD, aiming to create vibrant, well-connected neighbourhoods and enhance the quality of urban life in the capital city of Kerala.Read more

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Karnataka Government extends free power scheme to tenants in rented accommodations

PNT Reporter

13 Jun 2023

CM Siddaramaiah and Energy Minister KJ George addressed concerns regarding the eligibility of tenants for the free power scheme in rented accommodations. They assured that tenants consuming less than 200 units of power per month would be covered by the scheme. Landlords and tenants are required to register on the Seva Sindhu portal, providing necessary details for verification. The initiative promotes transparency, prevents misuse, and ensures equal access to affordable power.Read more

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Kichha: The future economic hub of Uttarakhand

PNT Reporter

13 Jun 2023

Rajesh Shukla, the former BJP MLA representing Kichha, revealed plans for a greenfield city with strategic placement along State Highway-74. Situated merely 15 kilometres away from Rudrapur, the city will be conveniently connected to the Amritsar-Kolkata Industrial Corridor. In addition, a knowledge park covering an estimated area of 200 to 250 acres is being proposed in close proximity. This ambitious undertaking aims to harness the region's potential for economic growth and development, capitalizing on its favourable location and connectivity to major industrial corridors.Read more

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Gaurs Group inaugurates 15 MW Solar Power Plant on World Environment Day

PNT Reporter

12 Jun 2023

Gaurs Group, a leading real estate company, has inaugurated a state-of-the-art 15 MW solar power plant near Gwalior in Mahoba. With an investment of Rs 80 crores, the project aims to generate 2.25 crore units of electricity annually, contributing to environmental sustainability and reducing carbon emissions. The plant's completion solidifies Gaurs Group's commitment to sustainable development and positions them as an industry leader in environmental consciousness.Read more

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Bhopal Master Plan 2031: A comprehensive blueprint for city growth

PNT Reporter

12 Jun 2023

In a recent development, the draft plan for the Bhopal planning area has undergone significant revisions. The proposed size of the area has been increased from the previous 813 sqkm to a substantial 1016.90 sqkm. Furthermore, the planning area for BD has also witnessed an expansion, now encompassing 1016.90 sqkm and comprising 248 villages. These modifications reflect a comprehensive effort to accommodate the growing needs and requirements of the region, ensuring adequate planning and development for the future.Read more

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Smart Cities Project: Transforming urban living

PNT Reporter

09 Jun 2023

The Smart Cities project is revolutionizing urban living across the globe. With the aim of creating sustainable and technologically advanced cities, this initiative has identified 100 cities worldwide for transformation. Through the integration of digital technologies, efficient infrastructure, and citizen engagement, Smart Cities are enhancing quality of life, optimizing resource management, and promoting environmental sustainability. From improved transportation systems and smart grids to digital governance and citizen-centric services, these cities are becoming hubs of innovation and connectivity. The Smart Cities project represents a visionary approach to urban development, ushering in a new era of smart, liveable, and future-ready cities.Read more

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DMRC implements advanced monitoring for underground construction

PNT Reporter

09 Jun 2023

The Delhi Metro Rail Corporation (DMRC) is introducing state-of-the-art monitoring mechanisms for its Phase 4 expansion project, which involves constructing underground corridors through challenging strata in crowded residential and commercial areas. With the aim of ensuring safe and efficient construction, the DMRC will utilize smart gadgets and real-time data transmission to monitor the condition of buildings and predict geological features ahead of the Tunnel Boring Machines (TBMs).Read more

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