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%

Asset class : Infrastructure

J&K rolls out phased road widening and corridor upgrades in downtown Srinagar to ease traffic pressure

23 Feb 2026

The Jammu and Kashmir administration has initiated phased road upgrades and corridor widening works across key stretches in downtown Srinagar to address traffic congestion and improve road capacity. Projects cover KZP Road, SMS Road, Devi Angan-Hawal Road and two major chowk corridors. Works include resurfacing, drainage correction, junction redesign and proposed widening up to 21 metres where feasible. Land acquisition, utility relocation and pending court cases remain challenges. Several components have secured funding approval, while surveys and DPR preparation are underway for others.Read more

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Centre reduces NHAI highway monetisation allocation to INR 12,357 crore from INR 15,000 crore

23 Feb 2026

The central government has allocated INR 12,357 crore to the National Highways Authority of India (NHAI) for highway monetisation in the current financial year, lower than the earlier budgeted and revised estimate of INR 15,000 crore. The authority has identified 24 highway stretches covering around 1,472 km for monetisation through models such as Toll-Operate-Transfer (TOT), Infrastructure Investment Trusts (InvITs), and securitisation. The reduction comes even as the ministry had set a higher internal target for asset monetisation, reflecting a calibrated approach to infrastructure funding and private participation.Read more

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Experts discuss AI-led disaster management at Bharat Mandapam

23 Feb 2026

Experts from government, technology and global agencies met at Bharat Mandapam, New Delhi, to discuss how artificial intelligence can transform disaster management. Hosted by SEEDS and UNDRR, the dialogue focused on shifting from reactive response to anticipatory, hyperlocal and scalable risk governance. Speakers highlighted AI-driven early warning systems, predictive models using weather and satellite data, and offline tools for low-connectivity regions. Discussions also stressed legal frameworks, institutional readiness and community participation to ensure effective adoption. With growing climate risks across India and South Asia, the session underscored the need for integrated, people-centred disaster resilience systems powered by AI innovation.Read more

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KNR Constructions secures INR 2,163 crore elevated corridor project on Chennai’s ECR

Chennai News Desk

23 Feb 2026

KNR Constructions Limited has secured a road infrastructure contract worth INR 2,163.07 crore for developing a four-lane elevated corridor on the East Coast Road in Chennai. The project, awarded under the Hybrid Annuity Mode, covers a key stretch between Thiruvanmiyur and Uthandi and aims to ease congestion on one of the city's busiest coastal routes. The work includes a defined construction period followed by an operation phase, while the final concession agreement remains subject to a court decision.Read more

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Median openings planned every 2–2.5 km on Bhor Ghat stretch to improve emergency response

23 Feb 2026

Authorities have decided to introduce additional median openings at intervals of 2 to 2.5 km along the 14-km Bhor Ghat section of the Pune-Mumbai Expressway after a tanker carrying highly flammable propylene gas overturned near the Adoshi Tunnel in the Khandala area earlier this week. The accident led to traffic disruption for over 32 hours. The Maharashtra State Road Development Corporation (MSRDC) and highway police have also proposed widening existing openings and appointing technical experts to manage hazardous material emergencies more efficiently.Read more

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Metro 4 subcontract cost rises 75 percent over 2018 bid, raising fresh scrutiny

23 Feb 2026

Construction costs for nearly 20 km of Mumbai Metro Line 4 have risen sharply, with the subcontractor now quoting around 75 percent more than the original 2018 bid secured by the main contractor. The value of three civil packages has increased to about INR 2,772.73 crore from INR 1,584 crore. The escalation follows years of delay, pandemic disruption, design changes and depot relocation. The issue has drawn attention amid a recent slab collapse incident that led to one death and injuries, prompting closer oversight of the project.Read more

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NHAI clears NHIT bid to monetise 310 km of highway assets across two states

23 Feb 2026

The National Highways Authority of India has approved an INR 6,220.90 crore bid from the National Highways Infra Trust to monetise operational highway assets spanning over 310 km in Maharashtra and Andhra Pradesh. The transaction covers two toll road stretches on NH-53 and NH-16 and is part of NHAI's ongoing asset monetisation programme. With this deal, the cumulative value of highway assets transferred to NHIT has risen sharply, supporting NHAI's plan to recycle capital and fund new national highway projects.Read more

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Highway Infrastructure wins INR 154.6 crore NHAI toll operations contract on Vadodara–Mumbai Expressway

23 Feb 2026

Highway Infrastructure Ltd has secured a toll operations and maintenance contract valued at INR 154.6 crore from the National Highways Authority of India for a key stretch of the Vadodara-Mumbai Expressway. The short-term assignment covers toll collection and upkeep of facilities at three toll plazas in Gujarat, with a daily remittance obligation of INR 1.71 crore over a 90-day period. The order adds to the company's growing portfolio of NHAI toll operations contracts and strengthens its presence in highway asset management services.Read more

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Timely delivery key for developers amid rising Dubai construction costs

22 Feb 2026

A residential project in Business Bay has underscored the importance of timely delivery as construction costs across Dubai continue to climb. Century Tower, a 23-storey development comprising 210 apartments, has completed handovers two months ahead of schedule a notable achievement in a market facing inflationary pressures and supply chain constraints. Developed by AMBS Real Estate Development and marketed by f&m Properties, the project demonstrates how early construction mobilisation and disciplined planning can mitigate rising costs. With material prices forecast to increase further in 2026, industry leaders stress that immediate execution and contractor selection are critical to maintaining profitability and buyer confidence in Dubai's competitive off-plan sector.Read more

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Sixteen homes to be removed in Indore to clear site for underground metro station

Indore News Desk

22 Feb 2026

Sixteen residential structures in the Piliyakhal area of Indore are scheduled for demolition to make way for an underground metro station near the Bada Ganpati locality, sources reported, as the city's metro project advances toward new construction phases. Although official records recognise 16 houses on the site, residents maintain that about 28 families currently reside there and are demanding housing allocations that reflect that number. The metro authority has deposited INR 1.29 crore with district officials to facilitate relocation of affected families to flats constructed under the Pradhan Mantri Awas Yojana at the Tapti Complex in Rangwasa, but concerns about commuting, educational disruption for children and employment access have been raised. Local negotiations with authorities are ongoing as the relocation and demolition plan progresses alongside broader infrastructure works tied to the city's rapid transit expansion.Read more

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Vizag MP seeks central support for structured redevelopment of RK Beach

Visakhapatnam News Desk

22 Feb 2026

Visakhapatnam MP M. Sribharat has sought central government support for a large-scale and planned redevelopment of Ramakrishna Beach, citing long-pending infrastructure and safety concerns. In his representation to the Union Tourism and Culture Ministry, he flagged traffic congestion, limited pedestrian access, weak drainage and damage to existing coastal structures. The proposal calls for a unified master plan covering public amenities, mobility, shoreline protection and parking. The Centre has acknowledged the submission and is expected to examine the proposal further.Read more

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Jodhpur railway division strengthens station security with 447 CCTV installations

22 Feb 2026

The Jodhpur Division of North Western Railway has expanded its surveillance network by installing 447 CCTV cameras across eight railway stations to improve passenger safety and station monitoring. The largest deployment has taken place at Jaisalmer station, which recently underwent redevelopment under the Amrit Station Scheme at a cost of around INR 140 crore. Cameras have been installed across platforms, entry and exit points, waiting areas and other sensitive locations to support real-time monitoring, improve response to incidents and strengthen overall station management.Read more

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Telangana moves ahead with proposal for Mellacheruvu–Hyderabad rail link

22 Feb 2026

The Telangana government is working on a proposal to develop a direct railway link between Mellacheruvu in Suryapet district and Hyderabad to improve regional connectivity. The project is expected to support industrial activity, ease passenger movement, and improve access for devotees visiting the Sri Ishta Kameswari Sametha Swayambhu Shambulingeshwara Swamy temple. The plan includes a double railway line with passenger services. State authorities are coordinating with the Centre to take the proposal forward, while the government has also allocated INR 1 crore for temple-related facilities.Read more

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North Western Railway withdraws Jaipur–Agra and Jaipur–Udaipur Vande Bharat services amid low demand

22 Feb 2026

North Western Railway has withdrawn two Vande Bharat Express services operating on the Udaipur-Jaipur and Udaipur-Agra routes after persistent low passenger occupancy. The decision follows an internal review that found the premium trains were not generating adequate ridership, particularly on weekdays, despite faster travel times. Higher ticket prices compared with conventional trains were cited as a key factor affecting demand. The withdrawn trainsets will now be redeployed on the upcoming Udaipur City-Asarwa Vande Bharat route to better align capacity with travel demand.Read more

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Highway projects in Uttarakhand led to felling of over 83,000 trees in five years

22 Feb 2026

Data obtained through a Right to Information application has shown that more than 83,000 trees were felled in Uttarakhand over the past five years for highway construction works. Most of the tree loss occurred on major national highway stretches executed by the National Highways Authority of India. While authorities have stated that compensatory plantations were carried out, detailed project-wise plantation data was not available in several cases. The disclosures have renewed focus on how environmental safeguards are implemented during large infrastructure projects in ecologically sensitive regions.Read more

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Residents in Bhubaneswar demand action against developer for road and area encroachment

22 Feb 2026

Residents of Bhubaneswar's GGP Colony have raised complaints that a developer is encroaching on a common road and parts of the residential complex for a new construction project. Heavy vehicles and unauthorised commercial use of common areas have reduced parking and disrupted daily life. Despite inspection reports and favourable orders from ORERA and an ODA court, residents say authorities have not acted on the ground. Their letters to the state housing department were forwarded to civic agencies, but enforcement remains slow, highlighting the need for stricter monitoring of encroachments in the city.Read more

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Jammu & Kashmir to simplify municipal building NOC process

22 Feb 2026

The Jammu & Kashmir government is taking steps to simplify the process for obtaining no objection certificates (NOCs) for building approvals within municipal areas. The Social Welfare Minister informed the Assembly that under the J-K Unified Building Bylaws 2021, multiple department clearances are currently required, causing delays. The Town Planning Organisation in Kashmir, with only three town planners for 40 local bodies, is being reorganised to establish a district cadre and support master plan implementation. Authorities will ensure NOCs are issued in a time-bound manner while considering legislative suggestions to reduce delays.Read more

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NMMC demolishes illegal commercial shed in Turbhe sector 19C

22 Feb 2026

Navi Mumbai Municipal Corporation (NMMC) has intensified its action against unauthorised constructions by demolishing an illegal commercial shed in the Turbhe division. The operation was conducted under the directives of Municipal Commissioner Dr Kailas Shinde and supervised by senior civic officials from the Encroachment Department. The structure, erected at Unit No. 3, Plot No. 6, Sector 19C, Turbhe, was reportedly being used for commercial purposes despite the issuance of a statutory notice under the Maharashtra Regional and Town Planning Act, 1966. Following non-compliance, the Corporation carried out a demolition drive with police protection and technical equipment. Officials have stated that similar enforcement actions will continue to ensure planned urban development and compliance with municipal regulations.Read more

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Runway expansion at Thiruvananthapuram airport stalled by land acquisition and defence approvals

22 Feb 2026

The planned runway expansion at Thiruvananthapuram International Airport continues to face delays due to pending land acquisition and defence clearances. Around 22 acres are required to meet mandatory runway end safety area norms, with a key portion owned by a defence public sector unit. Despite multiple discussions between state authorities and the Union government, approvals are still awaited. The project is further complicated by the need to realign a nearby road and relocate a fire station, pushing the timeline back.Read more

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How Millennials are reshaping the future of home buying in India

22 Feb 2026

India's housing market is witnessing a generational reset, with Millennials emerging as the dominant force in urban home buying. Once associated with renting and lifestyle flexibility, this cohort is now driving a strong shift toward ownership, particularly in affordable and mid-income segments across Mumbai, Bengaluru and NCR. Post-pandemic priorities, hybrid work models and rising rental costs have accelerated this transition. Millennials and Gen Z together account for over half of home-loan demand in major cities, reshaping how homes are designed, marketed and delivered. Digital-first research, preference for efficient layouts, smart-home technology and sustainability-focused living have become defining purchase criteria. As this demographic is projected to form nearly 60 per cent of new homebuyers by 2030, their evolving preferences are fundamentally redefining India's residential real estate landscape.Read more

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