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

NMMC Standing Committee approves civic infrastructure works across Vashi, Nerul, Belapur and Ghansoli

28 Jun 2026

The Standing Committee of the Navi Mumbai Municipal Corporation (NMMC) has approved a series of civic infrastructure projects covering parks, drainage systems, sewerage networks and sports infrastructure across multiple nodes of the city. The proposals, presented by Municipal Commissioner Dr Kailas Shinde and approved unanimously under the chairmanship of Standing Committee Chairman Ashok Bhauso Patil, include the redevelopment of two public parks in Vashi, sewerage upgrades in Nerul, repairs to the boundary wall at Rajiv Gandhi Sports Complex in CBD Belapur, and drainage and footpath works in Ghansoli. Collectively, the sanctioned projects are intended to improve public amenities, strengthen urban infrastructure and address long-standing civic issues affecting residents in several neighbourhoods.Read more

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Duville Estates outlines design-led development strategy as it plans future expansion

Mumbai News Desk

28 Jun 2026

Duville Estates has reaffirmed its focus on a design-led development approach centred on long-term usability, space efficiency and community creation as it evaluates expansion opportunities across East Pune and other markets in Maharashtra. The developer said its philosophy is guided by a legacy dating back to 1810 and focuses on creating residential communities that remain relevant over time rather than following short-term architectural trends. The company highlighted the growing significance of Pune’s eastern corridor as a residential and commercial growth destination and said future projects will continue to emphasise thoughtful planning, functionality and sustainability. Duville Estates currently operates in Mumbai and Pune, with its 31-acre Riverdale township in Kharadi serving as its flagship development.Read more

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NCR Regional Plan 2041 expected to boost growth across Sonipat, Noida and emerging urban corridors

28 Jun 2026

Industry stakeholders have welcomed the NCR Regional Plan 2041, stating that the framework could accelerate the transition of the National Capital Region towards a multi-nodal urban development model. Developers and property consultants said the plan’s focus on decentralisation, transit-oriented development, regional connectivity and economic growth centres is likely to strengthen demand across emerging markets such as Sonipat, Jewar and Bhiwadi, while reinforcing the position of established hubs including Noida and Gurugram. The plan envisions a regional economy valued at approximately INR 20 lakh crore and accommodation for more than three crore residents through planned urban expansion. Industry executives highlighted the role of major infrastructure projects, including the Regional Rapid Transit System (RRTS), metro extensions, the Kundli-Manesar-Palwal Expressway and Noida International Airport, in driving future residential, commercial and industrial development across NCR.Read more

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Fire safety violations found at Hyderabad bar and PG hostel, legal action initiated

Hyderabad News Desk

27 Jun 2026

• The Telangana Fire Services Department has initiated legal action against Sky100 Kitchen and Bar in Madhapur and Venkateshwara Coliving & PG Hostel in Kondapur over alleged fire safety violations.
• Inspections found that both establishments failed to install mandatory firefighting equipment and did not comply with prescribed fire safety norms.
• Authorities have directed the managements to immediately address the deficiencies and ensure compliance with fire safety regulations.
• The action is part of a wider enforcement drive across Hyderabad following increased scrutiny of fire safety standards in commercial and residential buildings.
• Officials said inspections and monitoring will continue as the department focuses on improving safety preparedness in high-occupancy properties.
Read more

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Bolt.Earth integrates EV charging network with MapmyIndia platforms

27 Jun 2026

Bolt.Earth has entered into a strategic partnership with MapmyIndia to improve the discoverability of its electric vehicle charging infrastructure across India. Under the collaboration, approximately 350 of Bolt.Earth’s Level 2 and Level 3 chargers have been integrated into MapmyIndia’s maps and navigation platforms through the Open Charge Point Interface (OCPI) protocol. The integration will enable users to locate charging stations directly through MapmyIndia’s applications while expanding visibility for charger owners beyond the Bolt.Earth ecosystem. The partnership comes as India’s electric mobility sector continues to expand and charging accessibility remains a critical factor in EV adoption. MapmyIndia stated that its platforms now provide access to information on more than 18,000 EV charging points nationwide through integrations with multiple ecosystem partners.Read more

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Ladun Investment secures SAR 326.7 million Namar land infrastructure contract

27 Jun 2026

Ladun Investment Company has signed a major infrastructure development contract for the Namar land project under the first phase of Saudi Arabia’s Real Estate Balance Program. The agreement, awarded by Al-Ayuni Investment and Contracting Company, is valued at SAR 326.7 million and will be executed by Ladun over a five-year period. The project focuses on developing key infrastructure for the Namar land area and adds to Ladun’s portfolio of construction and development assignments linked to the Kingdom’s ongoing urban expansion and real estate development initiatives.Read more

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NMMC disconnects water and sewer connections to C-1 dangerous building in Sanpada

27 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has disconnected the water supply and sewerage connection to Amoli Co-operative Housing Society Ltd at Plot No. 28, Sector 30, Sanpada, after the building continued to be occupied despite being classified as a C-1 (highly dangerous and unfit for habitation) structure. The building had been declared unsafe during the 2019–20 structural assessment, and notices directing occupants to vacate had already been issued. The civic body stated that the action was taken in compliance with directions of the Bombay High Court to facilitate the evacuation of dangerous buildings. Electricity supply to the building will also be disconnected shortly as part of the ongoing enforcement process.Read more

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Knauf India strengthens North-East focus through dealer engagement in Guwahati

27 Jun 2026

Knauf India has reinforced its expansion strategy in North-East India through a dealers’ meet held in Guwahati, bringing together channel partners, dealers and senior company executives to discuss growth opportunities across the region’s construction sector. The engagement forms part of the company’s broader efforts to deepen its presence across the Seven Sister States amid rising urbanisation, residential development and infrastructure investment. Senior leadership highlighted the importance of strengthening dealer networks and promoting modern construction technologies, while product demonstrations showcased the company’s drywall and ceiling solutions. The initiative comes as government-backed infrastructure programmes and growing construction activity across cities such as Guwahati, Shillong and Agartala continue to create opportunities for building material manufacturers seeking to expand their regional footprint.Read more

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Loom Solar crosses INR 1,000 crore turnover as it expands manufacturing and residential solar footprint

27 Jun 2026

Loom Solar has reported annual turnover exceeding INR 1,000 crore, marking a significant milestone for the Faridabad-based solar manufacturer founded in 2018. The company said the achievement reflects growth driven by domestic manufacturing, product innovation and an expanding distribution network across India. Loom Solar currently manufactures solar modules, hybrid inverters and battery energy storage systems and plans to scale its production capacity to 1.2 GW for solar panels and 1 GW for inverters by the end of 2026. With more than one lakh customers served and a network comprising 15,000 channel partners and 500 distributors, the company is targeting installation of solar and energy storage systems in over one million homes by 2030, aligning its expansion plans with the country's growing rooftop solar and clean energy ambitions.Read more

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Why MEP engineering is becoming central to sustainable urban development

Firoj Kumar Jena, CEO of Clancy Global

27 Jun 2026

As India advances towards its net-zero emissions target by 2070 and seeks to reduce carbon intensity by 45 per cent by 2030, the role of Mechanical, Electrical and Plumbing (MEP) engineering is becoming increasingly important in the built environment. Modern MEP systems are no longer limited to supporting building operations but are emerging as key drivers of energy efficiency, water conservation, indoor environmental quality and digital building management. From integrating renewable energy systems and intelligent automation to enabling green building certifications, MEP engineering is helping developers create resource-efficient and future-ready assets. As cities expand and sustainability regulations become more stringent, the sector is expected to play a central role in shaping the next generation of urban infrastructure.Read more

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Tokhan Sahu reviews Amaravati infrastructure projects, praises pace of development

27 Jun 2026

Union Minister of State for Housing and Urban Affairs Tokhan Sahu visited Amaravati and reviewed the progress of key infrastructure and urban development projects being undertaken in the capital city. During the visit, he held discussions with senior state government officials and reviewed ongoing works related to roads, government buildings, housing, urban infrastructure and smart city initiatives. The minister also inspected the Amaravati Digital Twin model and received detailed presentations on the city's master plan and development strategy. He appreciated the progress achieved so far and reaffirmed the Centre's support for Andhra Pradesh's urban development initiatives.Read more

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Navi Mumbai civic body launches special cleanliness drives and waste segregation awareness campaign

27 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) has initiated a series of special cleanliness drives and public awareness campaigns across the city as part of preparations for Swachh Survekshan 2025-26. Scheduled between June 15 and June 30, 2026, the initiative covers railway stations, the Sion-Panvel Highway, slum settlements, village areas, lakes, creek fronts, public and community toilets, back lanes and other neglected locations. Alongside intensive cleaning activities, the civic body is promoting compliance with Solid Waste Management Rules, 2026, encouraging households to segregate waste into four categories and urging bulk waste generators, including housing societies and institutions, to process waste within their premises. The campaign is being implemented across all eight ward office jurisdictions through extensive public outreach and on-ground inspections.Read more

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Navi Mumbai Municipal Corporation activates monsoon emergency response as rainfall crosses 148 mm

27 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) has intensified its monsoon preparedness measures following heavy rainfall across the city, with emergency response teams and control rooms operating round the clock. Between the morning of June 23 and the morning of June 24, the civic body recorded an average rainfall of 125.23 mm, with Belapur receiving the highest precipitation of 139.40 mm and Digha the lowest at 114.40 mm. Cumulative rainfall for the current monsoon season has reached 148.15 mm. The civic administration has deployed water pumping systems in low-lying areas, activated disaster management and fire response teams, and instructed field staff to ensure uninterrupted stormwater drainage and remove fallen tree branches. Residents have also been advised to use dedicated emergency helplines and avoid acting on unverified information.Read more

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Jamco Plans USD 150 Million Investment to Expand India Operations

Pune News Desk

26 Jun 2026

Japan-based Jamco Interiors plans to invest USD 150 million in India to expand its engineering and supply chain operations, with Pune set to emerge as a key global aerospace design hub. The company has inaugurated a Centre of Excellence in Pune to strengthen capabilities in design, certification and product development. The investment will support global aviation programmes, enhance local sourcing and create skilled jobs, reflecting the growing role of India in the international aerospace manufacturing and engineering ecosystem.Read more

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India has activated contingency farm plans in 315 districts amid uneven monsoon progress

26 Jun 2026

• The Centre has drawn up contingency strategies for 315 districts to help farmers respond to rainfall shortages and weather-related uncertainties during the kharif season.
• District-specific plans include alternative crop choices, revised sowing schedules and water management measures tailored to local conditions.
• Agricultural agencies, state governments and research institutions have been asked to coordinate closely to minimise risks to farm output and rural livelihoods.
• The preparedness framework aims to strengthen resilience against weather disruptions while ensuring continuity of agricultural activities across vulnerable regions.
Read more

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Work begins on Central Secretariat station as Delhi’s Central Vista Metro corridor takes shape

Delhi News Desk

26 Jun 2026

Delhi Metro Rail Corporation (DMRC) has commenced construction of the new Central Secretariat station as part of the Central Vista Metro corridor, a key segment of the upcoming Golden Line. The project is expected to strengthen connectivity across the capital while integrating the redeveloped Central Vista precinct with Delhi’s expanding metro network. Once completed, the station will emerge as a major interchange hub linking multiple metro corridors and improving access to government and administrative districts.Read more

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Bombay High Court clears mangrove removal for Vadhvan Port connectivity project

26 Jun 2026

The Bombay High Court has cleared the removal of 208 mangrove trees to facilitate construction of an eight-lane access-controlled highway connecting the upcoming Vadhvan Port in Palghar district to NH-48, providing a significant boost to the INR 76,220 crore port project. The court observed that the project serves a larger public purpose and holds substantial economic significance. The National Highways Authority of India (NHAI) received approval after demonstrating compliance with environmental, coastal regulation zone and forest clearance requirements, including compensatory afforestation measures. The project proponent has undertaken the plantation of approximately 1.33 lakh mangroves across 30 hectares and deposited more than INR 4.83 crore towards compensatory afforestation. The clearance is expected to accelerate implementation of the proposed greenfield port, which is being developed near Dahanu in Palghar district.Read more

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Fadnavis invites Amazon to invest in Maharashtra’s data centres, healthcare and AI ecosystem

26 Jun 2026

Maharashtra Chief Minister Devendra Fadnavis met Amazon Chief Executive Officer Andy Jassy in Mumbai and invited the technology company to expand its investments in the state across data centres, healthcare infrastructure and artificial intelligence-driven skill development. During the meeting, Fadnavis highlighted Maharashtra’s position as India's leading data centre hub and outlined opportunities arising from the state's dedicated data centre policy, which promotes green infrastructure and renewable energy usage. He also discussed the state's ambition to grow its economy from an estimated USD 660 billion to USD 1 trillion by 2030 and emphasised the increasing adoption of artificial intelligence across governance, agriculture, healthcare, education and infrastructure. The chief minister additionally showcased investment prospects in the upcoming Medicity project in Navi Mumbai and sought collaboration with Amazon on AI-focused skilling initiatives.Read more

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Venezuela earthquakes kill 235, leave widespread infrastructure damage

26 Jun 2026

At least 235 people have died and around 4,300 have been injured after twin earthquakes measuring 7.2 and 7.5 struck northern Venezuela in the past week. The latest official toll marks a sharp rise from an earlier estimate of 164 deaths and 971 injuries as rescue operations continue. The earthquakes caused widespread damage to homes, hospitals, transport infrastructure and public utilities, prompting a state of emergency, a USD 200 million reconstruction fund and an international humanitarian response.Read more

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NHAI steps up action against highway encroachments and unauthorised parking at 595 locations

26 Jun 2026

The National Highways Authority of India (NHAI) has intensified efforts to remove encroachments and unauthorised parking along National Highways in a bid to improve road safety and traffic management. The authority has identified 595 critical locations across multiple states where unauthorised parking activities have been reported and is coordinating with state governments, district administrations and enforcement agencies to address the issue. Alongside enforcement measures, NHAI has ordered audits of Advanced Traffic Management System (ATMS) infrastructure to ensure key safety and monitoring equipment remains operational. The initiative also includes enhanced highway patrolling, deployment of ambulances and recovery vehicles, and integration of monitoring systems with enforcement agencies to strengthen incident response and improve safety standards across the national highway network.Read more

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