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

India's green building footprint reaches 10.25 billion sq ft as sustainable real estate gains traction

Vidhi Sangoi

30 Dec 2024

India's sustainable real estate sector is reshaping urban landscapes amidst rapid urbanisation, with green building space growing from 20,000 sq ft in 2001 to 10.25 billion sq ft by 2023. The Indian Green Building Council (IGBC) and GRIHA certifications drive adoption, offering up to 50% energy and 30% water savings. Landmark projects like Infosys' Net Zero Energy Buildings and DLF Cyber City's water recycling systems showcase the shift. Residential complexes like Tata Housing's Serein and commercial hubs like Embassy Office Parks REIT reflect investor confidence in ESG-compliant properties. Beyond cost efficiency, green buildings enhance social well-being, signalling a sustainable urban future.Read more

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SVAMITVA Scheme to distribute 58 lakh property cards across 12 states and UTs

30 Dec 2024

The SVAMITVA Scheme, launched in 2020, is set to distribute over 58 lakh property cards across 50,000 villages in 12 states and union territories, with Prime Minister Narendra Modi addressing the virtual event. The initiative aims to provide a "Record of Rights" to property owners in rural India, specifically in Village Abadi areas. Union ministers will also attend local events in various states to distribute property cards. The scheme has made significant progress, with 2.19 crore property cards finalized so far and 92% of drone mapping completed. The goal is to complete the program by 2026.Read more

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Amaravati development projects on track for completion by 2025

Vidhi Sangoi

27 Dec 2024

Minister for Municipal Administration and Urban Development Ponguru Narayana announced that Amaravati's development projects, including 1.18 lakh TIDCO housing units, are set for completion by June 2025. During the CRDA's 44th meeting, it was revealed that INR 102 crore has been allocated to address non-performing assets within TIDCO housing, ensuring progress on stalled units. The CRDA has also approved road projects worth INR 2,723 crore in Zones 7 and 10, with tenders to be issued by January 2025. The government has cleared developmental works totaling INR 47,288 crore, emphasizing a balanced approach to infrastructure across Andhra Pradesh's 26 districts.Read more

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Sagarmala: Driving port-led growth and coastal development in India

Vidhi Sangoi

27 Dec 2024

Launched in 2015, the Sagarmala Programme aims to modernize India's ports, enhance connectivity, and promote coastal industrialization, leveraging the country's 7,517-km coastline. With 802 projects worth INR 5.5 lakh crore planned by 2035, it has already completed 215 projects valued at INR 99,173 crore. Key initiatives include port upgrades, new greenfield ports, rail-road linkages, and Coastal Economic Zones like GIFT City and the Visakhapatnam-Chennai Industrial Corridor. The program is estimated to save INR 40,000 crore annually in logistics costs, create 40 lakh jobs, and position India as a global trade hub. Future goals include sustainable practices and smart port technologies.Read more

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Kanpur Metro Phase 1 progresses toward 2025 completion, easing city’s transit woes

Vidhi Sangoi

27 Dec 2024

The Kanpur Metro is a public transport initiative designed to modernize commuting in Uttar Pradesh’s industrial and educational hub. Phase 1 encompasses two corridors—the 23.8 km Orange Line and the 8.6 km Blue Line—linking key residential, commercial, and industrial areas. Developed by Uttar Pradesh Metro Rail Corporation (UPMRC) with substantial funding from national and international sources, this project integrates advanced technologies, inclusive station designs, and environmental considerations to reduce traffic congestion, pollution, and travel times. With the initial priority corridor operational since December 2021, ongoing construction, and future expansions under consideration, the Kanpur Metro promises a more sustainable, efficient, and prosperous urban future.Read more

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Noida Metro’s Aqua Line sees 155% ridership growth in five years

Vidhi Sangoi

27 Dec 2024

The Noida Metro’s Aqua Line, operational since January 2019, has become a cornerstone of urban transit for Noida and Greater Noida. Spanning 29.7 km with 21 stations, it connects key residential, commercial, and industrial areas, easing congestion and promoting sustainable growth. Managed by the Noida Metro Rail Corporation (NMRC), the system integrates seamlessly with the Delhi Metro network, linking major corridors through efficient interchange points. Ridership and revenue have grown steadily, prompting plans to extend the network with new corridors and stations. With modern amenities, digital ticketing, and energy-efficient operations, the Aqua Line exemplifies the potential of eco-friendly, accessible public transportation in India’s fast-growing urban centers.Read more

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Guwahati Metro Phase I to span 61.4 km with four corridors at a cost of INR 16,850 crore

Vidhi Sangoi

26 Dec 2024

The Guwahati Metro project is an ambitious plan to introduce a modern rapid transit system to Assam's largest city. Envisioned with four corridors and 54 stations spanning over 61 kilometres, it aims to address escalating traffic congestion and offer a more efficient public transport alternative. Initial costs are estimated at around INR 16,850 crore. While the state government approved a Detailed Project Report (DPR) in 2016, subsequent policy changes led to revisions and further studies, leaving the initiative still in the planning phase as of December 2024. If successfully implemented, the Guwahati Metro could significantly improve travel experiences and support sustainable urban development.Read more

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Indore Metro's Yellow Line: A 33-km loop to boost connectivity across the city

Vidhi Sangoi

26 Dec 2024

The Indore Metro is a cutting-edge mass rapid transit system currently under construction in Madhya Pradesh's largest city. Designed to alleviate traffic congestion and promote sustainable mobility, its first phase centers on the 33.53 km Yellow Line loop with 29 stations. Developed by the Madhya Pradesh Metro Rail Corporation Limited (MPMRCL), the project incorporates both elevated and underground sections, modern CBTC signaling, and air-conditioned trains for passenger comfort. Though delayed by the pandemic and logistical hurdles, trial runs have begun on a 5.9 km priority stretch. Expected to open partially in early 2024, the Indore Metro aims to revitalize urban travel, enhance connectivity, and improve quality of life for residents.Read more

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Mumbai Infrastructure: MMRDA secures traffic nods for metro lines, flyovers, and road projects

26 Dec 2024

In a notable step towards expediting Mumbai's infrastructural advancements, the MMRDA, led by Commissioner Dr. Sanjay Mukherjee, collaborated with traffic authorities to secure 17 pending permissions for nine major projects. Key approvals include permissions for Metro Lines 2B, 6, 7A, and 9, the Sewri-Worli Connector, the Missing Link Flyover, and more. These permissions, facilitated by a strategic meeting with Joint Commissioner of Police (Traffic) Anil Kumbhare, mark a significant milestone for seamless project execution. The approvals will help realise the vision of #MumbaiInMinutes, enhancing the city's public transport and connectivity.Read more

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Mumbai: MMRDA opens 180-metre road to improve BKC traffic flow

26 Dec 2024

The Mumbai Metropolitan Region Development Authority (MMRDA) has opened a new 180-metre signal-free road linking the SEBI Building to Avenue-5, significantly improving traffic flow in the bustling Bandra Kurla Complex (BKC). Completed in just 3.5 months, the project reduces congestion at key junctions and provides seamless connectivity for commuters from the Eastern Express Highway (EEH). The road's initial three lanes are now operational, with the remaining three set to open soon. This development underscores MMRDA's commitment to enhancing urban mobility and supporting BKC's status as a global business hub.Read more

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