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

PPCB flags environmental compliance gaps in Zirakpur projects, urges builders to adhere to clearance conditions

03 Jun 2026

Punjab Pollution Control Board (PPCB) has raised concerns over compliance gaps in residential and commercial projects in Zirakpur and urged developers to strictly follow environmental clearance conditions. During an interaction with builders, the board emphasised adherence to pollution control measures, sewage treatment requirements, rainwater harvesting systems and waste management practices. The exercise forms part of a broader effort to strengthen environmental governance in one of the fastest-growing urban centres in the Mohali region. Authorities also highlighted the need for improved coordination between regulators and developers to ensure sustainable urban development.Read more

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MMRDA advances key transport projects to strengthen connectivity across Mumbai Metropolitan Region

03 Jun 2026

Mumbai Metropolitan Region Development Authority (MMRDA) is progressing a series of transport infrastructure projects aimed at improving mobility across Mumbai and its suburban regions. These include the operational Mumbai Monorail network, Metro Line 2B, ongoing improvements to the Santacruz-Chembur Link Road (SCLR), and the Golden Nest Flyover in Mira-Bhayandar. Together, the projects are expected to enhance multimodal connectivity, reduce travel times, ease congestion on key corridors and support the region’s growing residential and commercial hubs. The initiatives form part of MMRDA’s broader strategy to create an integrated transport network across the Mumbai Metropolitan Region.Read more

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BMC revises smart parking framework, to reissue Mumbai-wide PPP tender

Mumbai News Desk

03 Jun 2026

The Brihanmumbai Municipal Corporation (BMC) is set to reissue its tender for a city-wide smart parking system after the earlier bidding process failed to attract suitable participants. Revised conditions include the removal of property tax liabilities for operators of public parking facilities and changes to financial eligibility norms. The PPP-based project aims to introduce an integrated digital parking network across Mumbai, incorporating real-time occupancy tracking, online reservations, sensors, video analytics and automated access systems to improve parking management.Read more

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MMRDA approves seven foot over bridges to improve access to Metro Line 9 in Mira-Bhayandar

03 Jun 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the construction of seven foot over bridges (FOBs) along the 11-km Metro Line 9 corridor connecting Dahisar East and Mira-Bhayandar. Planned under the authority’s Multi-Modal Integration (MMI) initiative, the bridges aim to improve pedestrian safety, station accessibility and last-mile connectivity. The project will cover key locations along the Western Express Highway and Mira-Bhayandar Road and will include lifts, staircases and CCTV surveillance. With Metro Line 9 nearing completion, the pedestrian infrastructure is expected to support safer movement and smoother passenger dispersal across the corridor.Read more

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UPMRC to roll out National Common Mobility Card from June 15 amid Lucknow Metro smart card issues

Lucknow News Desk

03 Jun 2026

Lucknow Metro will begin issuing and accepting the National Common Mobility Card (NCMC) from June 15 under UPMRC’s integrated ticketing initiative aimed at enabling seamless travel across transport systems. The rollout comes amid commuter complaints over disruptions in smart card services and shortages of metro cards at several stations. UPMRC said the NCMC-based system will support interoperable payments and reduce dependence on closed-loop metro cards while improving convenience for passengers using public transport networks.Read more

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Chembur Metro station receives safety clearance, paving way for Metro–Monorail interchange

Mumbai News Desk

03 Jun 2026

The Chembur station on Mumbai Metro Line 2B has received safety clearance from the Commissioner of Metro Rail Safety (CMRS), clearing a key hurdle for operationalising the long-awaited Metro–Monorail interchange in eastern Mumbai. The approval is expected to facilitate seamless transfers between Metro Line 2B, the Mumbai Monorail and the suburban rail network, strengthening multimodal connectivity in the Chembur area. The development comes after a series of inspections, safety audits and integration works undertaken by project authorities, with the interchange expected to improve accessibility and support higher ridership across the corridor.Read more

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Marine Lines station foot overbridge work advances with launch of 19 steel girders during major rail block

Mumbai News Desk

03 Jun 2026

• Western Railway has completed the launch of 19 steel girders for a new 12-metre-wide foot overbridge at Marine Lines station as part of station upgrade works.
• The operation was carried out during a scheduled overnight traffic and power block using heavy lifting equipment and a large workforce to minimise disruption to suburban services.
• The new bridge is expected to improve passenger circulation, reduce congestion on platforms and enhance commuter safety at one of Mumbai’s busiest suburban stations.
Read more

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GMDA plans three new flyovers along metro corridor to create signal-free route in Gurugram

Gurugram News Desk

03 Jun 2026

GMDA is planning three new flyovers along the upcoming Gurugram metro corridor between Millennium City Centre and Bakhtawar Chowk to create a signal-free traffic stretch. The proposed structures are aimed at easing congestion at key intersections along Netaji Subhash Marg and improving connectivity towards Dwarka Expressway. The project forms part of a broader mobility strategy to accommodate future traffic growth linked to the under-construction metro network and rapidly developing residential and commercial areas across the city.Read more

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Citizens, experts oppose INR 12,200 crore Thane Ring Metro, cite planning and environmental flaws

03 Jun 2026

Citizens and urban transport experts have opposed the proposed INR 12,200 crore Thane Integrated Ring Metro project, alleging serious planning deficiencies, route inefficiencies and environmental concerns. Activist groups and transport specialists have argued that the 29-km loop line suffers from flawed ridership assumptions, overlaps with existing and planned corridors, and bypasses densely populated areas that require better connectivity. They have also raised concerns over potential tree felling and demanded a halt to ongoing works until an independent review of the Detailed Project Report (DPR) is conducted.Read more

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BigBloc Construction reports 26% rise in FY26 revenue as it expands into construction chemicals and advances Indore project

03 Jun 2026

BigBloc Construction Ltd reported consolidated revenue from operations of INR 283.42 crore for FY26, marking a 26.2% increase from the previous financial year, supported by steady demand and operational improvements across its markets. The AAC block manufacturer recorded EBITDA of INR 22.93 crore, while profitability remained under pressure from geopolitical disruptions and ongoing expansion activities. During the year, the company entered the construction chemicals segment through a new facility at Umargaon, secured further approvals for its proposed Indore manufacturing plant, completed a subsidiary merger, and expanded its rooftop solar capacity to 3,340 KW. The company also reported strong quarterly growth, with revenue rising 34.6% year-on-year in the January–March quarter.Read more

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Delhi Pollution Control Committee to launch AI-powered Dust Portal 2.0 for monitoring construction-related pollution

03 Jun 2026

• The Delhi Pollution Control Committee (DPCC) is preparing to roll out Dust Portal 2.0, an upgraded digital platform that will use artificial intelligence to monitor dust mitigation compliance at construction and demolition sites across the capital.
• The system will integrate AI-based analytics, geotagged inspections and real-time monitoring tools to strengthen enforcement of dust control regulations.
• Construction projects exceeding 500 square metres will continue to be required to register on the portal and submit compliance-related information.
• Authorities aim to improve tracking of pollution violations, automate scrutiny processes and enhance accountability among developers and contractors.
• The initiative forms part of Delhi’s broader strategy to address particulate pollution generated by large-scale construction activity and urban infrastructure development.
Read more

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Bhiwandi gets India’s first all-weather pedestrian subway

03 Jun 2026

• Bhiwandi has received India’s first all-weather pedestrian subway, designed to provide uninterrupted connectivity and safer commuter movement throughout the year.
• The infrastructure is aimed at improving station access, reducing congestion and ensuring seamless pedestrian circulation during heavy rainfall and adverse weather conditions.
• The project forms part of broader efforts to modernise transport infrastructure and enhance commuter facilities across the Mumbai Metropolitan Region.
Read more

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Kings Infra posts 30% revenue growth in FY26 as aquaculture and exports drive earnings expansion

03 Jun 2026

Kochi-based Kings Infra Ventures Limited reported a 30.13% year-on-year increase in revenue for FY2025-26, with turnover rising to INR 162.15 crore from INR 124.63 crore a year earlier. The company also recorded growth across profitability metrics, including EBITDA, profit before tax and profit after tax. The performance came during a transition period following the passing of founder and former Chairman and Managing Director Late Shaji Baby John. Led by Managing Director Baby John Shaji, the company sharpened its focus on aquaculture and export operations, which supported farm-level growth and operational performance. The company has also outlined a five-pillar strategy for FY2026-27 aimed at strengthening efficiency, technology adoption, partnerships and revenue generation across its aquaculture and seafood businesses.Read more

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Bhangel Elevated Road set for noise-control upgrade in Noida

Noida News Desk

03 Jun 2026

• The Noida Authority has floated a tender worth INR 18.8 crore to install sound barriers along the Bhangel Elevated Road.
• The project aims to reduce traffic-related noise for residential neighbourhoods and institutions located along the corridor.
• Authorities expect the intervention to improve the urban environment around one of the city’s busiest elevated road stretches.
Read more

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Trichy pushes for INR 350 crore runway expansion at international airport

03 Jun 2026

• A proposal seeking INR 350 crore from the Airports Authority of India (AAI) has been submitted to extend the runway at Tiruchirappalli International Airport.
• The project aims to enhance aircraft operations and support rising passenger and cargo traffic.
• Stakeholders believe the expansion will strengthen Trichy’s role as a major aviation hub in central Tamil Nadu.
Read more

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Chennai introduces 27-day approval timeline for building permits to reduce delays and digitise clearance process

03 Jun 2026

• The Greater Chennai Corporation (GCC) has introduced a fixed timeline of 27 days for processing and issuing planning permissions and building permits.
• The new framework mandates end-to-end online processing, including document scrutiny, inspections, fee payments and grievance redressal.
• Applications with complete and compliant documentation can receive approvals within 18 days, while building permits linked to CMDA-approved projects must be issued within seven days.
• Officials have been directed to follow a first-in, first-out system and adhere to stage-wise deadlines to improve transparency and accountability.
• The move aims to address long-standing concerns over approval delays and strengthen time-bound service delivery in Chennai’s real estate and construction sectors.
Read more

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Trichy begins construction of new canal bridge to ease Vayalur Road congestion

02 Jun 2026

• The Tiruchirappalli City Corporation has commenced work on a new motorable bridge across the Uyyakondan Canal at an estimated cost of INR 1.1 crore.
• The project is aimed at improving traffic movement and reducing congestion along the busy Vayalur Road corridor.
• Once completed, the bridge is expected to strengthen local connectivity and provide an alternative route for commuters in the surrounding neighbourhoods.
Read more

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Telangana High Court restrains HYDRAA from carrying out demolitions in Kokapet without following legal procedure

02 Jun 2026

• The Telangana High Court has directed the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) not to undertake demolition activities in Kokapet without adhering to due legal process.
• The order came in response to petitions filed by property owners who challenged demolition notices and alleged procedural lapses by the agency.
• Petitioners argued that structures were targeted without adequate opportunity to present ownership records, approvals and supporting documents.
• The court emphasised that any enforcement action involving demolition must comply with statutory requirements, including issuance of notices and granting hearings to affected parties.
• The case forms part of a growing series of legal disputes linked to HYDRAA’s enforcement drives against alleged encroachments and unauthorised developments in the Hyderabad metropolitan region.
Read more

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Lowry Road underbridge works trigger phased traffic restrictions across KR Puram–Whitefield route in Bengaluru

02 Jun 2026

• South Western Railway has initiated scheduled maintenance works at the Lowry Road Underbridge (RUB) near KR Puram in Bengaluru in early June 2026, triggering phased traffic restrictions across key eastern corridors.
• Traffic movement is impacted across KR Puram, Ramamurthy Nagar, ITI Colony, ITPL and Whitefield, which together form a major residential and IT commuting network.
• Authorities have implemented diversions via the KR Puram cable-stayed bridge and adjoining arterial roads, with both full and partial closures planned between June 4 and June 9, including limited night-time restrictions.
Read more

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Belagavi’s INR 223-crore Terminal 2 nears completion, set to boost regional connectivity

02 Jun 2026

• Belagavi Airport’s new Terminal 2 is nearing completion, bringing a major upgrade to aviation infrastructure in northern Karnataka.
• Developed at an estimated cost of INR 223 crore, the terminal blends modern facilities with architectural elements inspired by the region’s heritage.
• The project is expected to enhance passenger handling capacity and strengthen Belagavi’s role as a key regional aviation hub.
Read more

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