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

MoRT&H issues Urban Decongestion Policy mandating access-controlled ring roads and bypasses on national highway

08 Jun 2026

• MoRT&H issued an Urban Decongestion Policy on 29 May 2026 requiring all future NH bypass and ring road projects in urban areas to be fully access-controlled, minimum 4-lane corridors with closed tolling and design speeds of 100–120 kmph replacing the non-access-controlled model that has repeatedly led to fresh ribbon development along existing corridors.
• State governments must mandatorily participate in project financing through one of four approved models: land acquisition cost-sharing, GST and royalty reimbursement, land pooling, or value capture financing over 15 years.
• Of 83 cities assessed for NH congestion, 80 recorded speed drops exceeding 10 per cent on urban highway stretches; interventions are underway in 32 cities, with 48 remaining to be addressed under this policy.
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Ludhiana publishes details of INR 1,546 crore 24x7 water supply project amid concerns over road excavation

08 Jun 2026

• Ludhiana Municipal Corporation has made public key details of its INR 1,546 crore 24x7 water supply project as concerns grow over extensive road excavation across the city.
• The project aims to modernise the city's water distribution network through new pipelines, reservoirs, pumping infrastructure and household connections.
• Civic authorities have sought to improve transparency by sharing project information while assuring residents that restoration of affected roads will be undertaken after construction activities are completed.
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Railways introduce special services on Hyderabad–Mangaluru and Bilaspur–Yelahanka routes to meet seasonal travel demand

08 Jun 2026

Indian Railways has announced two weekly summer special train services on the Hyderabad–Mangaluru Central and Bilaspur–Yelahanka corridors to accommodate increased passenger demand during June and July 2026. The Hyderabad–Mangaluru service will operate four round trips between 3 and 25 June, while the Bilaspur–Yelahanka special will run five round trips between 3 June and 2 July. The trains will connect major cities across Telangana, Karnataka, Tamil Nadu, Kerala, Chhattisgarh and Maharashtra, providing additional capacity on heavily travelled routes during the peak travel season.Read more

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Maharashtra orders closure of unauthorised Chunabhatti school, leaving parents and students facing uncertainty

08 Jun 2026

• Maharashtra education authorities have directed the closure of an unauthorised school operating in Chunabhatti after finding that it lacked the required permissions to run classes.
• The order affects hundreds of students, with parents being informed that children may need to be relocated to other recognised schools before the new academic term.
• The development has triggered concern among families over admissions, academic continuity and logistical arrangements, while education officials have initiated steps to facilitate student transfers.
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UP to roll out GIS-based master plans for 93 tier-II towns across 49 districts

08 Jun 2026

• Uttar Pradesh will prepare GIS-based master plans for 93 tier-II towns across 49 districts to support planned urban development.
• The initiative will create digital land-use maps and geospatial databases for towns with populations between 50,000 and 99,999.
• The plans will help authorities manage infrastructure, housing, transportation, public amenities and future growth more effectively.
• The programme aligns with the Centre's AMRUT 2.0 mission and expands the use of GIS technology in urban planning across the state.
• Officials expect the move to reduce unplanned expansion and improve development planning in emerging urban centres.
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Cabinet clears INR 7,597 crore highway expansion across Telangana

08 Jun 2026

The Union Cabinet has approved two National Highway widening projects in Telangana with a combined length of 190.76 km and an estimated investment of INR 7,597.16 crore. The projects involve the four-laning of the Armoor–Jagtial–Mancherial section of NH-63 and the Jagtial–Karimnagar section of NH-563, which pass through several heavily urbanised and congested locations in the state. The developments will be executed under the Hybrid Annuity Model (HAM) and Build-Operate-Transfer (BOT) frameworks. Designed with bypasses around built-up areas and a target speed of 100 kmph, the projects aim to improve regional connectivity, reduce travel times, support freight movement and strengthen economic activity across Nizamabad, Jagtial, Mancherial and Karimnagar districts.Read more

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Telangana to revise property registration values across state from June 5

08 Jun 2026

The Telangana government will implement revised property registration values across the state from June 5, updating official land and property rates to better reflect prevailing market conditions. The revision, applicable across all sub-registrar offices, follows a comprehensive review of transaction data, infrastructure development and local market trends in both urban and rural areas. The updated rates are expected to influence stamp duty and registration charges while helping align government valuations with current real estate prices and strengthen revenue collections.Read more

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Pune issues evacuation notices to residents of 36 dangerous wadas before monsoon

07 Jun 2026

• Pune Municipal Corporation (PMC) has asked occupants of 36 unsafe wadas and old buildings to vacate the premises ahead of the monsoon.
• The structures were identified as dangerous during the civic body's pre-monsoon structural audit across the city.
• Raviwar Peth has the highest number of unsafe properties, followed by Ghorpadi Peth, Shukrawar Peth and Bhavani Peth.
• PMC has warned residents against staying in the buildings and directed owners to undertake repairs or demolition where necessary.
• The move comes amid continuing concerns over ageing structures, redevelopment delays and safety risks in Pune's old city areas.
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Sundaram Home Finance to add 25 branches across South India

07 Jun 2026

Sundaram Home Finance plans to expand its affordable housing and small-ticket lending operations by opening 25 new Emerging Business (EB) branches across South India during the current financial year. The expansion will focus on Tier 3 and Tier 4 towns in Tamil Nadu, Karnataka, Andhra Pradesh and Telangana, reflecting the company's increasing emphasis on rural and semi-urban markets. The lender is targeting disbursements of around INR 1,000 crore in the EB segment this year, up from INR 590 crore recorded in FY26. To support the expansion, the company also plans to recruit around 300 employees. The move follows the lender crossing the milestone of 100 EB branches last year and comes amid growing demand for affordable housing finance in smaller towns across the southern states.Read more

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Cabinet clears INR 3,936 crore four-laning of Khagaria-Purnea highway corridor in Bihar

07 Jun 2026

The Union Cabinet has approved the upgradation of the Khagaria-Purnea section of NH-31 and NH-231 in Bihar into a four-lane highway under the Build-Operate-Transfer (BOT) toll model at an estimated cost of INR 3,936.05 crore. The project is aimed at addressing congestion, geometric deficiencies and safety concerns across key stretches passing through Khagaria, Bhagalpur, Katihar and Purnia districts. The scheme also includes the development of a 6.729-km greenfield bypass around Purnea city. Once completed, the upgraded corridor is expected to reduce travel time significantly, improve logistics efficiency and strengthen connectivity with major economic and transport hubs, including PM Gati-Shakti economic nodes, railway stations, an airport and key national and state highways.Read more

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UP clears INR 3,500 crore urban development push for Agra, Bareilly and Prayagraj

07 Jun 2026

The Uttar Pradesh government has approved urban development projects worth around INR 3,500 crore for Agra, Bareilly and Prayagraj as part of its broader strategy to expand planned urbanisation and create new growth centres across the state. The investment will support township development, housing, infrastructure creation and urban expansion in three key cities. The move aligns with the state's New City Promotion Scheme and wider urban development agenda, which focuses on reducing pressure on existing urban centres while improving infrastructure and housing availability. The projects are expected to strengthen real estate activity, improve civic infrastructure and create new opportunities for residential and commercial development in the three cities.Read more

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Cabinet clears INR 4,415 crore highway upgrade across four Madhya Pradesh districts

07 Jun 2026

The Union Cabinet has approved two highway development projects worth INR 4,415.60 crore in Madhya Pradesh aimed at improving connectivity, road safety and freight movement across key districts. The projects involve upgrading and widening sections of NH-347B covering more than 108 km through Betul, Khandwa, Khargone and Barwani districts. The plan also includes the construction of a 16.20-km greenfield bypass in Khargone. Implemented under the Hybrid Annuity Model (HAM), the projects are expected to address existing geometric deficiencies, congestion and safety concerns while strengthening links to economic, logistics and social infrastructure nodes under the PM Gati Shakti framework.Read more

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IPV opens access to Y Combinator startup pipeline for Indian investors

07 Jun 2026

Inflection Point Ventures (IPV) has become one of the first investment platforms in India to provide investors access to startup deal flow from Y Combinator (YC), the Silicon Valley accelerator known for backing companies such as Airbnb, Stripe, Dropbox, Razorpay, Groww, Meesho and Zepto. Through its IPV Ultra platform, the firm will offer curated access to early-stage YC startups using the GIFT City investment framework. IPV has also announced its first investment from YC’s Winter 2026 cohort in Congruent, an artificial intelligence-driven radar technology company focused on autonomous vehicles. The move expands global startup investment opportunities for Indian ultra-high-net-worth investors and strengthens IPV’s international investment strategy. The company has invested more than INR 900 crore across over 280 startups and reported 16 exits during FY26.Read more

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Western Railway begins site protection works at Garib Nagar after clearing land for Bandra Terminus expansion

07 Jun 2026

Western Railway has started fencing and concreting work on reclaimed land at Garib Nagar in Bandra East following the demolition of more than 500 unauthorised structures. The cleared land, spread across about 5,200 sq m, has been secured to prevent fresh encroachments and facilitate the planned expansion of Bandra Terminus. The project forms part of broader efforts to increase station capacity and improve rail infrastructure in Mumbai. Authorities have accelerated site protection measures while continuing debris removal and land development activities.Read more

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Delhi LG calls for coordinated NCR-wide action plan to curb air pollution ahead of winter season

07 Jun 2026

Delhi Lieutenant Governor Taranjit Singh Sandhu has called for a coordinated and time-bound strategy across the National Capital Region (NCR) to address air pollution before the onset of winter. During a review meeting with the Commission for Air Quality Management (CAQM), officials identified road dust, vehicular emissions, biomass burning and industrial pollution as major pollution sources. The discussions focused on inter-agency coordination, dust-control measures, mechanised road sweeping and long-term environmental strategies aimed at improving air quality across Delhi-NCR.Read more

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Mumbai’s western suburbs witness rising redevelopment activity as ageing housing stock drives urban transformation

07 Jun 2026

Mumbai’s western suburbs are emerging as the city’s primary redevelopment corridor as ageing residential societies, limited land availability and expanding infrastructure networks accelerate urban renewal activity across locations including Santacruz, Andheri, Goregaon, Kandivali and Dahisar. Industry estimates indicate that redevelopment-led projects could add more than 44,000 housing units valued at nearly INR 1.3 lakh crore in the coming years. According to Knight Frank India, over 900 housing societies across Mumbai have signed redevelopment agreements since 2020, with a significant share concentrated in the western suburbs. Alongside housing society redevelopment, slum rehabilitation projects continue to reshape several suburban clusters, with more than 2,500 projects reportedly completed across Mumbai over the past three decades, benefiting approximately 2.83 lakh families and expanding the city’s formal housing supply.Read more

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Delhi orders MCD crackdown after Saket building collapse sparks action on illegal constructions

07 Jun 2026

• Delhi government has directed MCD to intensify action against illegal constructions after a building collapse near Saket Metro station in south Delhi.
• The incident led to multiple casualties and injuries, triggering urgent administrative response.
• Authorities have started inspections in vulnerable areas, especially across South Delhi zones like Saket and Mehrauli.
• Notices are being issued to owners of unauthorized buildings, with sealing and eviction drives planned.
• The government has also ordered accountability for officials linked to enforcement lapses and violations.
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GVMC Cracks Down on Approval Delays, Pushes Faster Clearances for Real Estate Projects

06 Jun 2026

• GVMC Commissioner Ketan Garg has directed officials to speed up the processing of pending building permissions, Land Regularisation Scheme (LRS) applications and Transferable Development Rights (TDR) approvals to improve service delivery across Visakhapatnam.
• The civic administration reviewed approval pendency levels and flagged delays affecting planning, development and citizen-related applications, calling for stronger inter-departmental coordination.
• Faster clearances are expected to support urban development, improve investor confidence, reduce procedural bottlenecks and ensure timely implementation of real estate and infrastructure projects.
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BMC installs seismographs at Dahisar Toll Naka site after residents report blast damage

06 Jun 2026

• BMC has installed four seismographic instruments at the construction site of a multimodal transit hub near Dahisar Toll Naka, following complaints from residents of the adjacent Madhuban Cooperative Housing Society of structural cracks caused by repeated blasting.
• The INR 1,500-crore project, being built on the site of the defunct Octroi Naka, involves regular explosions that residents and nearby shopkeepers describe as generating earthquake-like tremors across the neighbourhood.
• Residents approached local MLA Prakash Surve, who wrote to Municipal Commissioner Ashwini Bhide requesting a halt to excavation work, raising accountability concerns if buildings collapse.
• The seismograph readings will determine whether the ongoing blasting is directly responsible for the structural damage reported in surrounding buildings and commercial establishments.
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Clancy Global completes 20 years with over 800 engineering projects

06 Jun 2026

Mumbai-based building services engineering consultancy Clancy Global has completed 20 years of operations, marking two decades of growth from a UK outsourcing MEP consultancy practice into a multidisciplinary engineering firm. The company has delivered engineering solutions for more than 800 projects across over 60 cities in India and overseas markets. Its portfolio spans commercial, residential, healthcare, hospitality, industrial, institutional and data centre developments. Over the years, Clancy Global has worked on projects including Prozone Mall in Aurangabad, Silver Springs township in Indore, Hiranandani Rodas Enclave in Thane and Tata Cancer Care Hospital in Varanasi. The firm said it will continue investing in digital engineering technologies, sustainability-focused design and integrated building solutions as the built environment sector adopts increasingly technology-driven approaches.Read more

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