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%

Top Stories

Pamban Bridge: India's longest vertical lift bridge blends global design with local execution

09 Apr 2025

The newly constructed vertical lift rail bridge at Pamban, linking Ramanathapuram with Rameswaram, has been officially completed and handed over to Southern Railway. Replacing the 108-year-old British-era cantilever bridge, this modern structure is a technological feat designed to withstand the severe corrosive climate of the Bay of Bengal. Executed by Rail Vikas Nigam Limited (RVNL) with inputs from Spanish firm TYPSA and Indian institutes, the project faced multiple challenges from monsoon delays to COVID-19-related disruptions resulting in a cost escalation from INR 279 crore to INR 531 crore. Notably, over 97% of the materials used were domestically sourced.Read more

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Mumbai Metro Line 3: CMRS begins inspection of BKC-Acharya Atre Chowk stretch on Mumbai Metro Aqua Line

09 Apr 2025

The Commissioner of Metro Rail Safety has begun inspecting the 6-km BKC to Acharya Atre Chowk stretch of Mumbai Metro Line 3, marking the final step before commercial launch. This section, with six key stations including Dadar and Worli, is part of the 20-km Phase I corridor from Aarey to Acharya Atre Chowk. Safety checks cover structures, tracks, electrical systems, fire safety, and tunnel ventilation-including a complex tunnel under the Mithi River. Trial runs have been completed, but the launch date is yet to be announced. Once operational, the line will ease road traffic, boost connectivity in central Mumbai, and offer fares ranging from INR 10 to INR 60.Read more

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Panaji sees major upgrades in roads, digital infra under Smart City and CCP budget

Vidhi Sangoi

08 Apr 2025

Panaji is undergoing a major transformation under the Smart City Mission, with 42 of 51 projects worth INR 849 crore already completed and nine more valued at INR 202 crore underway. As part of this INR 1,051 crore push, 6,850 meters of roadwork in Central Panaji will be completed by May 2025. The city has also unveiled a INR 120 crore municipal budget and introduced digital initiatives like the Goa State Data Infrastructure Project. To address implementation delays and boost equitable development, MLAs can now propose infrastructure projects up to INR 100 crore each, starting FY 2025-26-marking a strategic move towards inclusive urban growth.Read more

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The Cost of Development: A battle between infrastructure and nature

Arun Nair

08 Apr 2025

The conflict between infrastructure development and environmental conservation has intensified, with the Supreme Court stepping in to halt large-scale deforestation in Telangana's Kancha Gachibowli area. Mumbai, too, faces an ecological crisis as metro projects, expressways, and tunnels lead to significant tree loss. Experts warn that tree transplantation efforts are largely ineffective, with poor survival rates. Environmentalists argue that unchecked deforestation worsens urban heat and biodiversity loss. With a lot of trees being lined up to be cut for the upcoming projects, a sustainable approach is imperative to balance progress and ecological preservation.Read more

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Raipur-Visakhapatnam expressway, Metrolite, and Naya Raipur projects to reshape the capital city

08 Apr 2025

Raipur is undergoing rapid transformation with major infrastructure projects like the INR 20,000 crore Raipur-Visakhapatnam Expressway, expected to cut travel time to 6-7 hours by 2025. An MoU with Russia's Transport Ministry will introduce a INR 400-500 crore Metrolite transit system linking Raipur to Durg and Bhilai. Under the Smart City Mission, the city has allocated INR 2,000 crore for FY26, prioritizing traffic and urban upgrades. Naya Raipur's development includes a 130-acre Sports City and a INR 2,000 crore Electronics Manufacturing Cluster in Sector 22. Together, these projects position Raipur as a rising urban and industrial hub in central India.Read more

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Tripura to get its first high-rise government building with earthquake-resistant technology

07 Apr 2025

Tripura is constructing its first 14-story government office in Gurkhabasti, Agartala, with earthquake-resistant technology and eco-friendly design. Located in Seismic Zone 5, it will use a pendulum-based base isolator to withstand earthquakes up to 8.8 magnitude. Designed with IIT Mumbai's support, it has earned a four-star green building rating. The INR 133.89 crore project, led by Tripura's PWD and EPI, will house all directorate offices under one roof, improving efficiency. Expected to be completed by December 2026, it is Northeast India's first base-isolated building, enhancing governance, boosting service delivery, and marking a step toward modern, sustainable infrastructure.Read more

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Thiruvananthapuram Smart City projects get December deadline to complete pending work

07 Apr 2025

Thiruvananthapuram's Smart City projects now have their deadline extended until December. The new timeline will allow for the completion of key initiatives including the renovation of the Palayam Connemara Market, development of Chalai Market, construction of multi-level car parking facilities at Vaniyamkulam and Putharikandam, and the redevelopment of Rajaji Nagar Colony. Smart City Thiruvananthapuram Ltd (SCTL) reports that 95 percent of funds have already been utilised, and the extended deadline will enable timely project completion, further enhancing urban infrastructure and sustainability in the capital.Read more

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Patna's Urban Transformation: INR 13,365 crore metro, Ganga bridge and expressways to reshape cityscape in 2025

Vidhi Sangoi

07 Apr 2025

Patna is undergoing a major infrastructure overhaul, led by the INR 13,365.77 crore Patna Metro project, with the 6.6-km priority corridor set to open by August 15, 2025. The city will also host India's longest road bridge-the 9.76-km Kacchi Dargah-Bidupur Bridge-over the Ganges, and a INR 3,712.40 crore Patna-Arrah-Sasaram expressway. Under the Smart Cities Mission, 17 of 33 projects are complete, while the proposed Greater Patna plan will extend city limits to 14 new blocks. Together, these initiatives aim to ease congestion, boost connectivity, and prepare Patna for a projected 6 million population by 2050.Read more

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Mumbai Infrastructure: MMRDA's financial compensation policy to expedite key projects

07 Apr 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) is set to introduce a financial compensation policy to accelerate the resettlement process for Project-Affected Persons (PAPs) involved in key urban infrastructure developments. This initiative, approved during the 159th MMRDA meeting chaired by Deputy Chief Minister Shri Eknath Shinde, aims to replace the traditional tenement-based resettlement model with direct financial aid. The policy aligns with Brihanmumbai Municipal Corporation (BMC) guidelines and applies to major projects, including the Metro, Mumbai Trans Harbour Link (MTHL), and the Sewri-Worli Elevated Corridor. Compensation will be determined based on Ready Reckoner Rates (ASR Rates), ensuring fair settlements and reducing project delays. By adopting this approach, MMRDA seeks to streamline resettlement, prevent legal complications, and facilitate the timely completion of infrastructure projects crucial for Mumbai's growth.Read more

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Ziro's INR 30 crore Makeover: Apatani heartland Ziro becomes national model for climate-smart rural development

Vidhi Sangoi

04 Apr 2025

Ziro in Arunachal Pradesh, known for its Apatani heritage, is now a model for rural innovation and sustainable development. At the heart of this change is the Tarin Integrated Aqua Park, a modern facility supporting over 1,000 fish farmers with hatcheries, solar tech, and training. Ziro also launched Arunachal's first AI and Robotics Lab to train tribal youth in coding and automation. Instead of large highways, Ziro promotes green transport through e-rickshaws and cycle paths. It's also restoring traditional bamboo homes for eco-tourism. With a focus on local culture, climate resilience, and skill-building, Ziro is creating people-centered, eco-friendly infrastructure that sets a new standard for rural progress.Read more

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