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

Mumbai Metro Update: Wadala-Kasarvadavli Metro Line 4 set for September trial runs

13 Aug 2025

Deputy Chief Minister Shri Eknath Shinde has announced that trial runs for Mumbai Metro Line 4, from Wadala to Kasarvadavli, will begin in September, with commercial operations expected by year-end. Spanning 32.3 km and costing INR 14,500 crore, the line will have 32 stations and interchanges with Metro 2B, 5, and 6, boosting connectivity and reducing road congestion. The first phase, Wadala-Ghatkopar, is nearly complete, with track laying and system integration underway. Once fully operational, Line 4 is projected to carry over 8 lakh passengers daily, cutting travel time between south-central Mumbai and Thane and strengthening the city's metro network.Read more

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VMRDA unveils ambitious plan for theme-based townships in Visakhapatnam

13 Aug 2025

The Visakhapatnam Metropolitan Region Development Authority initiated plans to develop four theme-based, self-sustaining townships covering about 500 acres. Each will focus on sectors such as IT and innovation, health and wellness, education and knowledge, or tourism and culture. Located near industrial hubs, the developments are aimed at encouraging a walk-to-work culture. A transaction advisor will be appointed to assess feasibility, structure funding models, and oversee the bidding process. The initiative is expected to generate major employment opportunities and attract significant domestic and international investments.Read more

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PM Modi launches Bengaluru Metro Yellow Line from RV Road to Bommasandra

12 Aug 2025

The Prime Minister inaugurated Bengaluru's Yellow Line Metro, a 19 km stretch from RV Road to Bommasandra. The INR 7,160 crore project adds 16 stations and expands the city's operational metro network to over 96 km. Officials said the corridor will ease pressure on Hosur Road, Silk Board and Electronics City, with train intervals starting at 25 minutes and planned to be reduced to 10 minutes.Read more

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MMRDA installs 450-tonne steel span for Mumbai Metro Line 4

12 Aug 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) has installed a 58-metre-long, 450-tonne steel span over the Pantnagar-Ghatkopar bus stand for Metro Line 4, completing the task in just two nights despite heavy rain, busy traffic, and limited space. Using high-capacity cranes, trailers, and other specialised equipment, over 100 workers and engineers, supported by traffic management teams, ensured safe execution. The Wadala-Kasarvadavali Metro Line 4 is now 84.5% complete. This milestone marks a major step toward enhancing connectivity and cutting travel times across the Mumbai Metropolitan Region, with MMRDA crediting government agencies for their cooperation in delivering the challenging operation.Read more

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Ahmedabad civic body proposes major road expansions impacting residential properties

12 Aug 2025

Earlier this week, the Ahmedabad Municipal Corporation revealed plans to widen and open more than two hundred roads across the city, affecting approximately 8 767 properties. Works are set to commence in the coming days on just over one hundred roads spread across five zones. It was stated that residents possessing proof of occupancy before 2010 would receive alternative arrangements, while legally acquired properties would be compensated. Those residing in unauthorised structures were informed that no compensation would be awarded.Read more

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Maharashtra invests in modern land-survey infrastructure and technology

12 Aug 2025

Maharashtra's government approved a substantial investment to upgrade land survey operations and bolster revenue department facilities. It was indicated that over INR 1,700 crore would be allocated, with a portion dedicated to acquiring advanced rovers to accelerate digital land surveying under the e-Survey 2.0 initiative. At the same time, the remainder is earmarked for the construction of new office premises and residences for officials. The aim is to enhance efficiency, ensure more accurate land record processing, and provide timely digital access to land maps for citizens.Read more

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SMP Kolkata Port to cut vessel turnaround time with new upgrades

11 Aug 2025

The Syama Prasad Mookerjee Port in Kolkata is implementing measures to cut vessel turnaround time from five to four days within a year. Chairman Rathendra Raman announced upgrades including eight mobile harbour cranes, floating cranes at Sagar Island, and night navigation to improve efficiency. Dredging is underway to boost draft levels, while new lock gates will ease congestion at Kolkata and Haldia ports. Capacity is set to rise from 87.5 million tonnes by an additional 30 million. Warehousing projects under the Sagarmala framework, along with the upcoming Balagarh facility, aim to enhance cargo handling, reduce delays, and strengthen the region's maritime connectivity.Read more

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Maharashtra must fix tendering to speed up infrastructure work: CM

11 Aug 2025

Maharashtra Chief Minister Shri Devendra Fadnavis stated that inadequate tendering processes remain a leading cause of incomplete infrastructure projects in the state. Speaking at a workshop in Pune, he stressed the importance of evaluating contractor capacity before awarding tenders and adopting a thorough, 360-degree approach at the planning stage. While Maharashtra has seen success in executing large-scale projects over the past decade, a significant portion remains unfinished, underscoring the need for accountability, inter-departmental coordination, and strategic planning from conception to completion.Read more

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Four-lane highway to improve Tamil Nadu-Puducherry connectivity

11 Aug 2025

The government has approved the four-laning of the Marakkanam-Puducherry section of National Highway 332A in Tamil Nadu at a total cost of INR 2,157 crore. The project, covering about 46 kilometres, is aimed at easing congestion, improving safety, and enhancing connectivity between key towns and cities including Chennai, Puducherry, Viluppuram, and Nagapattinam. It will link major highways, state roads, ports, airports, and railway stations, fostering economic growth, tourism, trade, and industrial development while generating significant employment opportunities in the region.Read more

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Adani Airports to invest INR 20,000 crore in real estate near key airports

10 Aug 2025

Adani Airports is rolling out a city-side development plan worth INR 20,000 crore to reshape its airport business model and boost non-aeronautical revenue. Nearly 70% of this investment will go into Mumbai and Navi Mumbai airports. The first phase spans 655 acres across eight airports, with mixed-use developments like hotels, retail, offices, and entertainment zones. The company aims to increase non-aero revenue share from about 50% now to 70% by 2030. This move aligns with global airport-city models and follows a strong 25% year-on-year rise in airport segment revenue.Read more

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