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

Chenani-Nashri tunnel expansion approved to ease traffic on Jammu-Srinagar highway

12 Jun 2026

The Centre has approved the construction of a new two-lane tube tunnel parallel to the existing Dr Syama Prasad Mookerjee Tunnel on the Chenani-Nashri section of NH-44 in Jammu and Kashmir. Union Minister Jitendra Singh announced the decision after the proposal received clearance from the Ministry of Road Transport and Highways and the National Highways Authority of India. The project aims to address growing traffic volumes on the strategic Jammu-Srinagar National Highway, which serves as the primary road link between the Kashmir Valley and the rest of India. The proposed tunnel will run alongside the existing 9.28-km all-weather tunnel connecting Udhampur and Ramban districts and is expected to improve traffic capacity, road safety and operational resilience on the corridor.Read more

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Lucknow fire department issues notices to hotels over safety violations

11 Jun 2026

The Lucknow Fire Department has issued notices to 20 hotels after inspections revealed violations of mandatory fire safety norms, intensifying a citywide compliance drive launched following recent fire incidents at hospitality establishments across the country. The affected hotels have been given 45 days to rectify deficiencies related to firefighting systems, emergency preparedness and evacuation infrastructure. The enforcement action forms part of a broader audit of hotels, restaurants, clubs and commercial establishments being undertaken across the Uttar Pradesh capital. Authorities have warned that failure to address the identified shortcomings within the stipulated period could lead to further action under fire safety regulations. The inspections have highlighted continuing concerns regarding fire preparedness in hospitality properties and other public-use buildings in Lucknow.Read more

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Delhi data centre fire disrupts Google Cloud services across major Indian cities

11 Jun 2026

Google Cloud has reported network disruptions and elevated latency affecting users in Delhi, Mumbai, Chennai and surrounding regions following a fire at a third-party data centre facility in New Delhi. The incident prompted an emergency shutdown of networking equipment, isolating a local Point of Presence (POP) and reducing network capacity in the National Capital Region. To maintain service continuity, Google rerouted significant volumes of traffic away from the affected facility. However, the shift has resulted in intermittent latency spikes and possible packet loss as demand has exceeded available capacity across several Indian metropolitan areas and regional internet service providers. The company is implementing additional mitigation measures while restoration work continues at the impacted facility.Read more

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SGNP faces renewed scrutiny as activists raise ecological and biosafety concerns

11 Jun 2026

• Environmental groups have raised concerns over ecological management and biosafety practices within Sanjay Gandhi National Park (SGNP).
• An NGO has sought a review of standard operating procedures for captive animal care and habitat management.
• Activists have also highlighted issues related to construction activity and tree loss in the park's eco-sensitive zone.
• The developments have renewed calls for stronger conservation measures and stricter protection of Mumbai's urban forest.
Read more

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Demolition looms for 20 Pune bungalows built within Indrayani flood line

11 Jun 2026

Twenty bungalows in Pune’s Moi Phata area are facing demolition after a committee appointed by the National Green Tribunal (NGT) found that the structures were built within the blue flood line of the Indrayani River. The panel's findings have intensified scrutiny of unauthorised construction in flood-prone zones across the Pune metropolitan region. The proposed action follows a series of enforcement measures undertaken in recent months against similar developments along the river corridor. Authorities are reviewing the committee’s report and legal procedures before initiating demolition, with the case highlighting growing regulatory focus on environmental compliance, floodplain protection and illegal construction activity in ecologically sensitive areas.Read more

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Delhi police arrest builders after six killed in Saidulajab building collapse

11 Jun 2026

Delhi Police have arrested two real estate-linked individuals in connection with the collapse of a multi-storey building in Saidulajab, south Delhi, that claimed six lives and left eight others injured. The arrests follow an investigation into the structure, which housed commercial establishments and was undergoing construction activity on its uppermost floor at the time of the incident. Authorities are examining whether unauthorised additions, structural deficiencies and violations of building regulations contributed to the collapse. The case has intensified scrutiny of illegal construction across south Delhi, prompting civic authorities to identify neighbouring structures that may have breached building norms. The incident has also triggered a wider review of enforcement mechanisms and accountability for unauthorised developments in the capital.Read more

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Delhi assures O-Zone residents as existing colonies spared from demolition

11 Jun 2026

Delhi Chief Minister Rekha Gupta has clarified that no demolition action will be taken against existing homes and settlements located within the capital’s O-Zone area, following concerns triggered by recent Delhi High Court proceedings on unauthorised construction in the Yamuna floodplain. The assurance came after a high-level meeting involving public representatives, officials from the Delhi Development Authority (DDA) and the Municipal Corporation of Delhi (MCD). The O-Zone, which covers environmentally sensitive areas along the Yamuna floodplain, includes around 91 unauthorised colonies and a dozen villages with an estimated population of 1.5 million people. The government has maintained that while fresh and ongoing unauthorised construction will continue to face action, existing structures are protected from demolition, easing concerns among residents over potential displacement.Read more

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Patna Metro inches closer to expansion as Malahi Pakri station prepares for operations

11 Jun 2026

• Malahi Pakri Metro Station is expected to become operational soon, marking another milestone for the Patna Metro project.
• The station forms part of the priority corridor aimed at improving connectivity across eastern Patna.
• Its opening will strengthen access to residential and commercial areas while supporting seamless urban mobility.
• The development reflects the steady progress of Bihar's flagship mass transit initiative.
Read more

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Bucketlistt raises INR 1.07 crore to expand experiences marketplace and operator technology platform

11 Jun 2026

Experiences marketplace Bucketlistt has secured INR 1.07 crore in a pre-seed angel funding round at a post-money valuation of INR 10.07 crore. The funding round attracted participation from angel investors including Arvind Choudhar, Aenik Shah, Kartik Khatri and Yash Mehta. The company plans to deploy the capital towards strengthening its technology infrastructure, expanding its operator network, accelerating customer acquisition and scaling OkGhumo, its recently launched ERP and CRM platform for experience providers. Founded in 2025, Bucketlistt operates a curated marketplace for adventure, cultural and spiritual experiences and claims to have facilitated more than INR 10 crore in bookings while serving over 31,000 customers within five months of launch. The company is now preparing to expand into additional tourism destinations across India.Read more

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Dexus reviews infrastructure fund business as airport stake dispute prompts executive suspensions

11 Jun 2026

Australian property and infrastructure investment manager Dexus has launched a strategic review of its infrastructure funds business acquired through the AMP Capital platform transaction completed in 2023. The review covers infrastructure assets worth AUD 7.3 billion under management and includes several key funds, such as the Dexus Diversified Infrastructure Trust and Australia Pacific Airports Fund vehicles. The move comes amid an ongoing legal dispute over the company's 27% stake in Melbourne and Launceston airports. Dexus has also temporarily stood down certain senior executives while assessing the implications of a recent court ruling related to the airport stake.Read more

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JSW Infra wins Kolkata port container terminal project with 30-year concession

11 Jun 2026

JSW Infrastructure has secured a major container terminal project at Syama Prasad Mookerjee Port Authority in Kolkata following a competitive bidding process. The project, awarded under the public-private partnership model on a design, build, finance, operate and transfer basis, involves the integrated development of container handling infrastructure at Netaji Subhas Dock. With a 30-year concession period, the development will be executed in two phases and is expected to add around 0.93 million TEUs of capacity. Combined with the company's ongoing berth modernisation project at the Kolkata Dock System, JSW Infrastructure's total container handling capacity at the port is projected to reach approximately 1.4 million TEUs, strengthening cargo handling capabilities in eastern India.Read more

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Kerala clears INR 3,200 crore for Thiruvananthapuram Outer Ring Road, paving way for faster land acquisition

11 Jun 2026

• The Kerala government has approved INR 3,200 crore for land acquisition related to the Thiruvananthapuram Outer Ring Road project.
• The proposed 78-km highway corridor will connect Vizhinjam Port with Navaikulam and improve regional connectivity across the capital region.
• The funding is expected to accelerate compensation payments and help complete pending land acquisition activities.
• The project is seen as a key infrastructure link supporting logistics, industrial and commercial growth around Vizhinjam International Seaport.
• The approval comes after years of delays linked to land acquisition, environmental clearances and alignment-related challenges.
Read more

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How Mumbai’s Municipalities Are Preparing for Monsoon Waterlogging in 2026

Priyanka Vig

11 Jun 2026

As Mumbai prepares for the 2026 monsoon season, municipal bodies across the Mumbai Metropolitan Region (MMR) have intensified efforts to reduce waterlogging and flood-related disruptions. The Brihanmumbai Municipal Corporation (BMC) has deployed IoT-enabled dewatering pumps, activated pumping stations and accelerated desilting works, while neighbouring municipalities including Thane, Navi Mumbai, Kalyan-Dombivli, Mira-Bhayandar and Vasai-Virar have undertaken extensive drainage cleaning and flood-preparedness measures. Regional agencies such as MMRDA have also implemented monsoon action plans across infrastructure projects, reflecting a broader shift towards technology-driven monitoring, improved drainage systems and coordinated emergency response mechanisms to strengthen urban resilience during periods of heavy rainfall.Read more

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Delhi rushes to fix waterlogging hotspots as monsoon nears, PWD targets key roads

11 Jun 2026

• Delhi's Public Works Department (PWD) has intensified efforts to tackle waterlogging-prone roads ahead of the monsoon season.
• The department has identified critical flooding hotspots and accelerated desilting, drain cleaning and road maintenance work across key corridors.
• Special focus is being placed on locations that have witnessed recurring traffic disruptions and water accumulation during heavy rainfall.
• Officials are conducting inspections and monitoring preparedness to improve stormwater drainage and commuter safety.
• The initiative is part of a wider effort to strengthen urban infrastructure and minimise monsoon-related disruptions across the capital.
Read more

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Think You've Seen Mumbai These 10 Hidden Places Will Prove You Wrong

11 Jun 2026

Mumbai is famous for landmarks like Marine Drive, the Gateway of India and Juhu Beach, but the city holds countless hidden gems beyond its popular attractions. From a 66-million-year-old volcanic monolith and ancient Buddhist caves to a charming Portuguese-style village, a forgotten fort visited by flamingos and a serene pagoda overlooking the Arabian Sea, these lesser-known destinations reveal a different side of Mumbai. Whether you're a first-time visitor or a local explorer, these offbeat spots offer unforgettable experiences away from the crowds.Read more

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Maharashtra weighs fresh tender for new Bombay High Court complex amid project review

11 Jun 2026

• The Maharashtra government is reportedly considering scrapping the existing tender process for the proposed new Bombay High Court complex.
• The project, estimated at around INR 4,217 crore, has witnessed delays related to design approvals and land handover.
• Authorities are reviewing the procurement process to facilitate smoother execution of the landmark judicial infrastructure project.
• The development comes as efforts continue to expedite construction of the new court complex in Mumbai.
Read more

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NHAI deploys mechanised maintenance systems across national highways

11 Jun 2026

The National Highways Authority of India (NHAI) has introduced a series of technology-driven maintenance measures across the national highway network to improve operational efficiency, road quality and user experience. The state-owned authority has adopted mechanised drain-cleaning equipment, automated pothole repair systems and advanced road-sweeping technologies as part of a broader effort to modernise highway upkeep. The initiative forms part of NHAI’s focus on preventive maintenance, sustainability and stricter enforcement of contractual obligations. According to the authority, the use of modern equipment and maintenance practices is expected to enhance the condition of highways, improve service standards and support a more efficient road management framework across the country.Read more

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Uttar Pradesh to spend INR 350 crore on high-rise fire safety, Ghaziabad and Lucknow to get advanced fire tenders

Ghaziabad News Desk

11 Jun 2026

• Uttar Pradesh has approved an INR 350 crore investment to procure advanced fire tenders and hydraulic platforms for 11 major cities witnessing rapid high-rise development.
• Ghaziabad will receive two 102-metre fire tenders, while Lucknow and Varanasi are set to get high-reach firefighting vehicles capable of handling emergencies in tall buildings.
• The equipment will include hydraulic platforms, telescopic boom systems and turntable ladders designed for rescue and firefighting operations in high-rise structures.
• The move follows growing concerns over fire safety in multi-storey residential and commercial projects across the state.
• The initiative is expected to strengthen emergency response infrastructure as urbanisation and vertical development continue to expand across Uttar Pradesh.
Read more

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Ramagundam-Manuguru railway line gets green signal, INR 5,818 crore project set to transform connectivity in Telangana

11 Jun 2026

• The proposed 207.8-km Ramagundam-Manuguru railway line has received key approvals and will be developed at an estimated cost of INR 5,818.45 crore.
• The project will connect coal-producing, industrial and tribal regions across Telangana, improving both passenger and freight movement.
• The new corridor is expected to reduce travel distance between Ramagundam and Manuguru by nearly 90 km while enhancing connectivity to remote districts.
• The railway line is likely to strengthen logistics for coal transportation, support industrial growth and improve access to important locations such as Medaram.
• Authorities are targeting completion of the project within the next five years, including land acquisition and construction activities.
Read more

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APCRDA Additional Commissioner reviews road widening works in Undavalli

10 Jun 2026

APCRDA Additional Commissioner Kollabathula Karthik conducted an inspection of roads and key junctions in Undavalli as part of ongoing plans to improve road infrastructure in the Amaravati capital region. The visit focused on proposed road widening works being undertaken in coordination with various government departments. Accompanied by CRDA Special Deputy Collector A.G. Chinnikrishna, the official reviewed locations likely to be affected by the project, including residential areas near the roads. During the inspection, local residents and farmers raised concerns related to the village, and officials assured them that the issues would be addressed on priority.Read more

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