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

Kanpur Metro nears completion with AFC gates, smart cards, and mobile ticketing

16 Jan 2025

Efforts to extend the Kanpur Metro passenger service from Motijheel to Kanpur Central under Corridor-1 (IIT to Naubasta) are in the final stages. The Uttar Pradesh Metro Rail Corporation Limited (UPMRC) has reported significant progress, with five underground stations-Chunniganj, Naveen Market, Bada Chauraha, Nayaganj, and Kanpur Central-undergoing finishing works. System installations across departments are advancing quickly, ensuring that all critical facilities are ready before operations begin. Sushil Kumar, Managing Director of UPMRC, recently visited the Baradevi-Naubasta elevated section and the Chunniganj to Transport Nagar underground segment to monitor ongoing developments.Read more

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Mumbai: BMC launches Western Express Highway widening project to ease Goregaon bottleneck

16 Jan 2025

The Brihanmumbai Municipal Corporation (BMC) has initiated a road-widening project on a 300-400 meter stretch of the Western Express Highway near Aarey Check Naka in Goregaon, aiming to alleviate long-standing traffic congestion. The expansion will increase the road width from 45 meters to 57-61 meters, requiring the removal of 300 unauthorized structures and clearing obstructed water culverts. Implemented under the "Removal of Bottleneck Policy," the project offers monetary compensation for displaced businesses and residents. Expected to be completed in three months, this initiative will enhance traffic flow along the vital highway, benefiting thousands of daily commuters and improving Mumbai's urban connectivity.Read more

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Mumbai's first land-based cable-stayed bridge at Reay Road to open in February

15 Jan 2025

Mumbai's second cable-stayed bridge, the Reay Road overbridge, is set to open in February 2025, replacing a century-old British-era structure. Built entirely on land, this six-lane, 385-meter bridge features pedestrian footpaths, a central pylon system, and architectural LED lighting. Constructed at a cost of INR 175 crore by MahaRail, the bridge enhances connectivity between Barrister Nath Pai Road and the Eastern Freeway. Its innovative design, using limited piers and cable-stayed technology, minimized disruption and expedited construction. The Reay Road bridge promises to improve traffic flow while adding a striking architectural feature to Mumbai's skyline, marking a milestone in the city's infrastructure development.Read more

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Rapid Metro Gurgaon: Transforming urban mobility and connectivity in NCR

15 Jan 2025

The Gurgaon Metro, known as the Rapid Metro Gurgaon, is a modern urban transit system that enhances connectivity within Gurugram and links seamlessly to the Delhi Metro network. Launched in 2013 and expanded by 2017, the 12.85 km line with 11 stations efficiently serves key residential, commercial, and industrial areas. Managed by HMRTC and integrated with the Delhi Metro's Yellow Line at Sikanderpur, it has reduced road congestion, boosted property values, and supported economic growth. With plans for a new 28.5 km line to further expand coverage, the Gurgaon Metro exemplifies how reliable, eco-friendly public transport can shape a city's future.Read more

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Kashmir infrastructure boost: Z-Morh tunnel and USBRL project near completion

15 Jan 2025

The Z-Morh tunnel, connecting Gagangir to Sonamarg, is set to be inaugurated soon, marking a major milestone in improving Kashmir's connectivity. Reducing travel time to 15 minutes, the 6.5-km tunnel ensures Sonamarg remains accessible year-round, boosting tourism. Coupled with the upcoming Zoji-La tunnel, seamless connectivity between Srinagar and Leh will further enhance regional infrastructure. The Indian Railways has also made strides with the USBRL project, featuring the Chenab Bridge and advanced seismic technology, alongside plans for a Vande Bharat train tailored for Kashmir's conditions. Despite delays from security concerns, these initiatives promise improved accessibility, economic growth, and strategic resilience for the region.Read more

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Mumbai: MCZMA approves 1.5-km Manori-Marve cable-stayed bridge as BMC tackles ecological impact

14 Jan 2025

The Maharashtra Coastal Zone Management Authority (MCZMA) has approved a 1.5-km, four-lane cable-stayed bridge connecting Manori, Gorai, and Uttan with Marve. Currently, motorists must detour 29 km via Mira Bhayander, taking up to two hours during peak traffic. The project will require removing 45 mangrove trees, with compensatory planting in Palghar mandated at three times the affected area. Local residents and environmentalists have raised concerns about ecological damage and threats to livelihoods in villages like Dharavi Beth and Gorai. The bridge is part of the BMC's plan to construct six major western suburban bridges, aimed at easing traffic on SV Road, Link Road, and the Western Express Highway.Read more

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Thane: RLDA partners with TMC to transform Thane railway station into a multi-modal transit hub

14 Jan 2025

The Rail Land Development Authority (RLDA), in collaboration with the Thane Municipal Corporation (TMC), is advancing plans for a multi-modal transit hub at Thane railway station's eastern side. As part of the Station Area Traffic Improvement Scheme (SATIS)-E, an 11-storey commercial building will be developed, integrating facilities like parking, bus movement, and leasable airspace for commercial use. This initiative aims to address traffic congestion while enhancing connectivity with the Eastern Expressway through a circular elevated road. The project continues the success of the first SATIS initiative in Thane West, completed in 2010, which improved local traffic flow.Read more

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Nashik Metro Neo: India's first rubber-tyred metro to redefine urban transit

Vidhi Sangoi

14 Jan 2025

The Nashik Metro Neo, India's first rubber-tyred electric coach system, aims to transform urban mobility in Nashik by 2025. Designed for cities with populations up to 2 million, this energy-efficient and cost-effective transit system blends metro-like efficiency with bus rapid transit flexibility. Managed by Maha-Metro, it features two corridors-Corridor 1 (22.5 km, 19 stations) and Corridor 2 (10 km, 10 stations)-connecting industrial zones, residential areas, and key city landmarks. With an estimated cost of INR 2,100.6 crore and funding from the Government of India, Maharashtra, and international institutions like ADB, Metro Neo promises to reduce congestion, lower pollution, and set a benchmark for mid-sized cities nationwide.Read more

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Coimbatore Metro: Land acquisition process to commence in March for phase one

13 Jan 2025

The Coimbatore Metro Rail project advances as land acquisition surveys are slated to begin in March 2025. Covering 34.8 kilometers across two corridors, the project will connect Ukkadam to Neelambur and Coimbatore Junction to Valiyampalayam. Officials from Chennai Metro Rail Limited and local authorities are collaborating to align the metro route, integrate with bus stands, and ensure minimal disruption. Land along Avinashi Road and Coimbatore-Sathyamangalam Road is prioritized in phase one. Inspections and community engagement are underway to address public concerns. Expected to boost connectivity and economic growth, the project marks a pivotal step in modernizing Coimbatore's transport infrastructure.Read more

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Varun Dhawan invests INR 86.92 crore in luxury apartments in Juhu, Mumbai

13 Jan 2025

Bollywood actor Varun Dhawan has made notable real estate investments, acquiring two luxury apartments in Juhu's "Twenty by DDecor" complex for INR 86.92 crore. The sixth-floor apartment, purchased with his mother, Karuna Dhawan, cost INR 42.40 crore, while the seventh-floor unit, acquired with his wife, Natasha, was priced at INR 44.52 crore. These purchases highlight a growing trend among Bollywood stars investing in Juhu, Mumbai's upscale neighborhood. Recent high-profile acquisitions, including Madhu Mantena's INR 25.75 crore investment in Jeevan Estates, reflect rising demand for properties in the area, driven by its beachfront appeal and premium location, ensuring strong returns for celebrity buyers.Read more

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