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

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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Government plans 500 ethanol fuel stations by end-2026, targets 5,000 by 2027

06 Jun 2026

The Centre has announced plans to roll out between 50 and 100 ethanol fuel dispensing stations across Delhi-NCR, Mumbai, Pune and Nagpur as part of efforts to reduce dependence on imported fossil fuels. Petroleum and Natural Gas Minister Hardeep Singh Puri said the network is expected to expand to 500 stations by the end of 2026 and further to 5,000 outlets by the end of 2027. The announcement coincided with the launch of India’s first flex-fuel car by Maruti Suzuki. The government is also moving to widen the use of higher ethanol blends and alternative fuels through proposed amendments to vehicle emission norms. Officials said increased adoption of flex-fuel vehicles could generate substantial additional ethanol demand and boost farmer incomes while lowering crude oil imports and carbon emissions.Read more

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Trichy–Karur highway widening moves forward as NHAI begins detailed survey

06 Jun 2026

• The National Highways Authority of India (NHAI) has commenced a detailed survey for the proposed widening of the Trichy–Karur highway in Tamil Nadu.
• The exercise will assess land requirements, traffic conditions and engineering feasibility for upgrading the corridor to improve connectivity and traffic movement.
• The highway serves as a key link between Tiruchirappalli, Karur and western Tamil Nadu, with growing vehicle volumes prompting plans for capacity enhancement.
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Gurugram mandates fire safety audits for offices, malls, hotels and other commercial establishments

06 Jun 2026

The Gurugram administration has made fire safety audits mandatory for offices, malls, hotels, hospitals, schools and other commercial establishments across the district following growing concerns over fire preparedness in public buildings. Property owners and occupiers have been directed to undertake comprehensive safety inspections and address deficiencies in firefighting systems, emergency exits and evacuation protocols. The move comes amid heightened scrutiny of fire safety compliance in urban centres and is aimed at strengthening preparedness, reducing risks and improving public safety across high-footfall commercial and institutional properties.Read more

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AGNI unveils benchmarking and digital tools roadmap at ASPIRE 2026 industry symposium

06 Jun 2026

• The Association of Global NICMARians (AGNI) hosted ASPIRE 2026 in Mumbai, bringing together professionals from the construction, infrastructure, real estate and project management sectors.
• The symposium focused on the theme “Innovation to Transformation”, highlighting technology adoption, artificial intelligence, sustainability and data-driven decision-making.
• AGNI announced plans to launch an Industry Benchmarking Programme and a digital ecosystem featuring multiple industry-focused tools.
• The event also marked the launch of the first AGNI Excellence Awards, which attracted 34 nominations and shortlisted 12 startups.
• AGNI and the Construction Industry Development Council (CIDC) agreed to collaborate on industry development, skill enhancement and innovation adoption initiatives.
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DDA extends Towering Heights booking deadline to June 30

06 Jun 2026

The Delhi Development Authority (DDA) has extended the booking deadline for flats under its Towering Heights Housing Scheme in Karkardooma, East Delhi, until June 30, offering additional time to both individual homebuyers and government agencies interested in bulk purchases. The extension follows earlier revisions to the booking schedule and comes as DDA continues to market one of the capital’s most prominent residential developments. Developed under the supervision of NBCC, the project comprises a 48-storey residential tower rising 155 metres, making it Delhi’s tallest residential building. The scheme is also the first housing project to be developed under the city’s Transit Oriented Development (TOD) policy, aimed at promoting high-density housing around public transport infrastructure.Read more

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Australia’s lower house clears major tax reform bill with housing-focused changes

06 Jun 2026

Australia’s House of Representatives has passed a landmark tax reform bill that proposes significant changes to property investment taxation and capital gains treatment, while also introducing new tax relief measures for workers. The legislation is aimed at improving housing affordability by limiting tax concessions for property investors and encouraging investment in new housing supply. The reforms, which form a key part of the federal government's recent budget agenda, will now move to the Senate for approval. The package also includes additional tax offsets and deductions for individual taxpayers alongside previously announced tax cuts.Read more

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Circle Rates Jump Up to 100% in Lucknow Villages Along Expressway Growth Belt

06 Jun 2026

Lucknow district administration has significantly revised circle rates across several villages located along emerging expressway and infrastructure corridors, with some areas witnessing increases of up to 100%. The revisions cover villages situated near the Purvanchal Expressway, Kisan Path, IT City expansion zone and other rapidly urbanising pockets. Officials said the move reflects changing land values driven by infrastructure investments, industrial development proposals and rising real estate activity. The revised rates are expected to influence land transactions, stamp duty collections and future development planning across the district.Read more

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Pan IIT Alumni India launches AI policy think tank ‘Pariniti’ to strengthen India’s artificial intelligence ecosystem

06 Jun 2026

Pan IIT Alumni India has soft-launched “Pan IIT AI Niti (Pariniti)”, a dedicated artificial intelligence policy think tank aimed at contributing to India’s AI governance, infrastructure and innovation ecosystem. Announced during a gathering at Bombay Gymkhana in Mumbai, the initiative will focus on multiple layers of the AI value chain, including semiconductors, cloud infrastructure, data centres, energy systems, algorithms and AI governance. The think tank will operate through specialised verticals involving IIT alumni, industry executives, policymakers, venture capital professionals and researchers. Praxis Global Alliance has been appointed as the knowledge and think tank partner for the initiative. The platform is expected to generate policy recommendations, research papers and industry inputs for government and institutional stakeholders.Read more

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NMMC intensifies water quality inspections in Belapur and Nerul following post-shutdown supply complaints

06 Jun 2026

• Navi Mumbai Municipal Corporation (NMMC) has intensified water quality testing across Belapur and Nerul after residents reported discoloured and turbid water following a two-day water supply shutdown.
• Mayor Sujata Patil and Deputy Mayor Dashrath Bhagat reviewed water sample testing conducted across residential sectors, villages and slum settlements.
• Laboratory tests indicate that water supplied across the city meets international potable water standards despite temporary turbidity caused by sediment movement in pipelines.
• NMMC has directed officials to inspect potential pipeline leakages and undertake washout operations in affected areas.
• The civic body has urged housing societies to clean underground and overhead water tanks and use water judiciously amid limited reservoir reserves before the monsoon.
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Shri Narendra Modi's INR 22,655-crore blitz: highways, airports, and ports across Gujarat, Daman, and Lakshadweep

05 Jun 2026

Prime Minister Shri Narendra Modi on 5 June 2026 inaugurated, dedicated, and laid the foundation stones for projects worth approximately INR 22,655 crore across Gujarat, Daman, and Lakshadweep, spanning roads, power, healthcare, civil aviation, tourism, and maritime connectivity. In Surat, INR 18,800 crore of projects were unveiled, including Vadodara–Mumbai Expressway packages and a 220-bed ESIC hospital. In Daman, INR 2,970 crore of projects were initiated, anchored by the NAMO Airport terminal, NAMO Hospital, Iconic Bridge, and a NIFT campus. Foundation stones for INR 885 crore of port infrastructure were laid for Lakshadweep.Read more

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Mumbai Monorail gets final safety clearance after system upgrade

05 Jun 2026

• Mumbai Monorail has received final safety clearance from the Commissioner of Metro Rail Safety (CMRS) following upgrades to its signalling, communication and operational systems.
• The approval enables the MMRDA to fully implement the modernised infrastructure across the 19.54-km Chembur–Jacob Circle corridor.
• The upgrade programme was undertaken to improve safety, reliability and operational efficiency on the network.
• The clearance marks the completion of a major modernisation initiative for India’s first monorail system.
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Private real estate and infrastructure investors set to gain from AI data centre expansion

05 Jun 2026

Growing investment requirements for AI-led data centre development are expected to increase the role of private infrastructure and real estate capital in the coming years, according to Goldman Sachs. The brokerage has raised its capital expenditure forecast for the world’s four largest hyperscale technology companies to USD 5.3 trillion between FY2025 and FY2030. As funding needs rise, companies are expected to access a wider range of public, securitised and private financing channels. Goldman also anticipates stronger growth in private infrastructure assets, supported by increasing demand for data centres, power networks and related digital infrastructure.Read more

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Delhi to seal buildings without fire safety approvals after Malviya Nagar blaze

05 Jun 2026

The Delhi government has announced a crackdown on buildings operating without mandatory fire safety clearances following the fatal fire at a hotel in Malviya Nagar that claimed 21 lives. Authorities have directed civic agencies to identify and seal properties lacking fire safety No Objection Certificates (NOCs) and other statutory approvals. The action comes amid growing scrutiny of safety violations after investigations revealed multiple lapses at the affected property, including the absence of fire clearance and unauthorised construction. The enforcement drive will cover hotels, commercial establishments and other high-risk buildings across the capital as authorities seek to strengthen compliance with fire safety regulations and prevent similar incidents.Read more

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Andheri Subway flooding revives focus on Mumbai’s monsoon preparedness

05 Jun 2026

• Heavy pre-monsoon showers led to temporary flooding at the Andheri Subway, forcing authorities to suspend traffic movement for a brief period.
• The incident has renewed attention on one of Mumbai’s most flood-prone transport corridors despite ongoing drainage and pumping infrastructure upgrades.
• Civic authorities maintain that flood-mitigation measures have improved response times, but recurring waterlogging continues to challenge mobility during intense rainfall events.
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MCD intensifies action against unauthorised construction in Delhi, 22 structures demolished in 2025

05 Jun 2026

• MCD intensified action against unauthorised construction across Delhi during 2025.
• Around 4,766 illegal or non-compliant constructions were officially booked by the civic body.
• Authorities issued nearly 3,989 demolition orders under the Delhi Municipal Corporation Act.
• Enforcement actions were carried out on 3,294 properties, including demolitions and sealing drives.
• The drive reflects tighter monitoring of building violations amid rising concerns over structural safety in urban areas.
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Bandra church refutes viral Rs 900 crore fake listing of Bandstand property

05 Jun 2026

A church in Bandra has clarified that its Bandstand-facing property is not for sale after a fake online listing claiming a valuation of around INR 900 crore circulated widely on digital platforms. The listing sparked speculation in Mumbai’s premium coastal real estate market, known for high-value luxury residences and celebrity homes. The institution has categorically denied any intent to sell the land and confirmed that no such transaction has been authorised, calling the listing misleading and unauthorised. The incident has also raised concerns over the growing circulation of unverified property listings on online real estate platformsRead more

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Rajasthan Revises Building Rules to Strengthen Fire Safety and Structural Compliance

05 Jun 2026

• Rajasthan has amended provisions under its building regulations to align construction approvals with updated fire safety directives issued by the state government.
• The changes mandate greater adherence to relevant Indian Standard (IS) codes covering fire protection, structural safety, water services, sanitation, lightning protection and earthquake-resistant construction.
• Developers, architects and structural engineers will now be required to provide enhanced compliance certifications and undertakings during approval and occupancy processes.
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CCEA approves three highway projects across Bihar, Telangana, and Odisha worth INR 19,834 crore

05 Jun 2026

• The Cabinet Committee on Economic Affairs approved three separate national highway upgradation and construction projects on 3 June 2026, with a combined capital outlay of INR 19,834 crore across Bihar, Telangana, and Odisha.
• The projects cover a total of 494.47 km, spanning the Khagaria–Purnea corridor on NH-31 and NH-231, the Armoor–Mancherial and Jagtial–Karimnagar stretches on NH-63 and NH-563, and the Rameshwar–Paradeep coastal highway.
• All three corridors will be built to 4-lane standards, with design speeds of 100 km per hour, and are expected to collectively reduce travel times, lower vehicle operating costs, and strengthen logistics connectivity across the three states.
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Uttarakhand High Court extends interim protection on demolitions linked to road widening and slum clearance in Haldwani and Dehradun

05 Jun 2026

• The Uttarakhand High Court has extended its interim stay on demolition drives affecting private properties in Haldwani linked to a road widening and urban beautification project.
• The court has also continued protection against demolition of slum settlements in Dehradun amid concerns raised over rehabilitation and due process.
• The matter involves petitions challenging state-led eviction and removal actions undertaken for infrastructure expansion and civic redevelopment works.
• The hearings have brought into focus the balance between urban infrastructure development and safeguarding housing rights of affected residents.
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