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

Chennai Corporation rolls out INR 35 crore lake rejuvenation plan with blue-green infrastructure focus

Chennai News Desk

15 Apr 2026

The Greater Chennai Corporation (GCC) has announced a lake restoration initiative worth INR 35 crore aimed at rejuvenating three key urban waterbodies Nolambur, Ramanthangal and Subramaniya lakes. The project, planned in the past week, adopts a blue-green infrastructure approach combining ecological restoration with urban design improvements. Works will include desilting, strengthening of bunds, creation of wetlands and bio-filtration systems to enhance water quality and groundwater recharge. Public amenities such as walkways and viewing decks are also proposed. The initiative responds to persistent urban flooding, declining groundwater levels, and degradation of natural drainage systems due to rapid urbanisation. Authorities intend the project to serve as a model for future waterbody restoration efforts across Chennai.Read more

cover photo

Maharashtra's slum cluster redevelopment scheme targets rehabilitation of seven lakh residents across Mumbai

Mumbai News Desk

15 Apr 2026

The Maharashtra government is advancing a slum cluster redevelopment scheme in Mumbai aimed at rehabilitating nearly seven lakh slum dwellers through integrated housing projects. The initiative, reviewed during a recent meeting of the Slum Rehabilitation Authority (SRA), seeks to address stalled and unviable redevelopment projects while improving living conditions in densely populated areas. Authorities are in the process of identifying eligible slum clusters for redevelopment under a structured framework aligned with the state housing policy. The scheme is designed to promote large-scale redevelopment by aggregating land parcels and enabling better infrastructure planning. Additional approvals, including funding allocations for select projects and administrative restructuring within the SRA, were also discussed as part of efforts to streamline implementation and accelerate execution.Read more

cover photo

DMRC undertakes phased upgrade of 70 trains on Red and Blue Lines to extend lifespan and improve safety systems

Delhi News Desk

15 Apr 2026

The Delhi Metro Rail Corporation (DMRC) has initiated a mid-life refurbishment programme covering 70 trains operating on the Red and Blue Lines, targeting ageing rolling stock introduced between 2002 and 2007. The upgrade, announced in the past week, is being executed in phases and is scheduled for completion by November 2027. So far, 31 trains have been refurbished, with further units under various stages of upgrade. The programme includes improvements to train interiors, electrical systems, and safety mechanisms such as fire detection systems and CCTV surveillance. Passenger-facing enhancements such as real-time information systems and charging points are also being introduced. The initiative aims to align older trains with current operational standards while maintaining service reliability across two of the network's busiest corridors.Read more

cover photo

Railways sanctions INR 1.53 lakh crore investment for 100 infrastructure projects in FY26, with network expansion exceeding 6,000 km

15 Apr 2026

The Ministry of Railways has approved 100 infrastructure projects for FY 2025-26 with a total investment of INR 1.53 lakh crore, marking a substantial increase in capital allocation and project scale compared to the previous year. The sanctioned works will collectively add over 6,000 km to India's railway network and include new lines, doubling, and multi-tracking initiatives. Key states such as Maharashtra, Bihar, Jharkhand, and Madhya Pradesh account for a significant share of the projects. The expansion aims to address congestion on high-density routes, improve passenger services, and enhance freight movement under broader logistics initiatives. The programme also places emphasis on extending connectivity to remote and tribal regions, while supporting industrial corridors and port-linked infrastructure across the country.Read more

cover photo

Jharkhand RERA imposes INR 83.5 lakh penalty on 77 builders for failure to submit project progress reports

15 Apr 2026

The Jharkhand Real Estate Regulatory Authority (JRERA) has imposed penalties totalling INR 83.5 lakh on 77 builders for failing to submit mandatory quarterly progress reports and ignoring regulatory summons. The action, taken in the past week, forms part of an enforcement drive aimed at improving compliance and transparency in registered real estate projects across the state. Notices had initially been issued to 106 developers, with penalties calculated at INR 25,000 per delayed quarter. The authority has warned of further action, including freezing of bank accounts, in case of non-payment. The move comes amid wider compliance concerns, with more than half of the state's registered projects reportedly not filing required updates, highlighting gaps in regulatory adherence under the Real Estate (Regulation and Development) Act framework.Read more

cover photo

Delhi High Court permits demolition drive in Shalimar Bagh for road widening, sets deadline for occupants to vacate

Delhi News Desk

15 Apr 2026

The Delhi High Court has allowed authorities to proceed with a demolition drive in Shalimar Bagh to facilitate road widening, prioritising public infrastructure over private occupation claims. The order, issued in the past week, grants residents time until the end of May to vacate the affected area. The case relates to encroachments on public land earmarked for expansion of Road No. 320, with the court observing that improved connectivity and access for emergency services outweigh individual claims. The ruling follows a petition by occupants seeking protection from eviction. Authorities have been directed to carry out the process in a structured manner, with consideration for relocation timelines, while ensuring that the project proceeds without further obstruction.Read more

cover photo

Ghaziabad mandates tree plantation for layout approvals, linking compliance to project size and deposits

Ghaziabad News Desk

14 Apr 2026

The Ghaziabad Development Authority (GDA) has introduced a regulatory requirement mandating tree plantation as a precondition for granting layout plan approvals across residential, commercial and industrial developments. The rule, implemented earlier this month, requires developers and landowners to earmark space for plantation within submitted plans and undertake planting in proportion to project size. The policy also introduces refundable security deposits to ensure compliance, alongside documentation such as photographic evidence. The move is aimed at addressing declining green cover amid rapid urbanisation and infrastructure expansion in the city. Additional provisions cover plantation ratios for different land uses and requirements for green space allocation in institutional developments, forming part of a broader effort to integrate environmental considerations into urban planning approvals.Read more

cover photo

Mumbai civic body plans AI-driven system to streamline real estate approvals and reduce processing timelines

Mumbai News Desk

14 Apr 2026

The Municipal Corporation of Greater Mumbai (MCGM) is preparing to introduce an artificial intelligence-based system to modernise real estate approval processes and reduce administrative delays. The initiative, outlined recently, aims to automate key stages of project clearances, minimise manual intervention and improve transparency in decision-making. The proposed framework will use data-driven tools to expedite compliance checks and standardise approval procedures, addressing long-standing concerns over delays in construction permissions. The move forms part of Mumbai's broader push towards digital governance and ease of doing business in the real estate sector. By improving turnaround times and procedural clarity, the system is expected to support developers, enhance regulatory efficiency and strengthen the city's investment environment.Read more

cover photo

Delhi–Dehradun economic corridor to be inaugurated, reducing travel time and integrating wildlife-friendly infrastructure

14 Apr 2026

The Delhi-Dehradun economic corridor, a 213-km six-lane access-controlled expressway built at a cost exceeding INR 12,000 crore, is set to be inaugurated, significantly reducing travel time between the two cities from over six hours to about two and a half hours. Spanning Delhi, Uttar Pradesh, and Uttarakhand, the project includes advanced traffic systems and multiple interchanges to improve connectivity. It also incorporates extensive wildlife mitigation features, including a 12-km elevated corridor and animal passages, reflecting a focus on balancing infrastructure development with ecological considerations. The project is expected to support regional economic activity, tourism, and trade across northern India.Read more

cover photo

Qlik and ServiceNow team up to improve data-driven decisions with AI

14 Apr 2026

Qlik has partnered with ServiceNow to help enterprises integrate data insights into workflows and AI-driven processes, aiming to improve decision-making and efficiency. The collaboration enables businesses to combine data from multiple systems such as ERP, CRM and supply chains to gain a unified operational view. By connecting analytics with workflows, companies can identify patterns, respond faster and make informed decisions in real time. The integration also supports growing demand for AI solutions within existing business environments. As organisations expand AI adoption, the partnership highlights the importance of linking data, insights and actions to drive smarter enterprise operations.Read more

cover photo

Digital-only toll collection begins on national highways with FASTag and UPI replacing cash payments from April 10

14 Apr 2026

The Ministry of Road Transport and Highways has implemented a nationwide shift to fully digital toll collection across national highways, effective from April 10, eliminating cash payments at toll plazas. Under the new framework, commuters must use FASTag or Unified Payments Interface (UPI) for toll transactions, with penalties imposed for non-compliance. Vehicles without FASTag are required to pay up to 1.25 times the standard toll fee through digital modes. The move applies to more than 1,100 toll plazas and is aimed at improving traffic flow, reducing congestion, and enhancing operational efficiency. The transition builds on India's electronic toll collection system and forms part of a broader push towards digitisation in transport infrastructure and revenue management.Read more

cover photo

RMZ Group outlines USD 35 billion investment pipeline and evaluates IPO to fund expansion across data centres and real estate

14 Apr 2026

RMZ Group has announced plans to invest over USD 35 billion over the next five years across data centres, artificial intelligence infrastructure, commercial developments, and residential projects, while also considering an initial public offering to secure long-term capital. The privately held real estate and infrastructure firm intends to allocate USD 12-15 billion towards building 1.5 gigawatts of co-location data centre capacity in India. The remaining capital will be directed towards office-led developments catering to global capability centres and a renewed residential push. The expansion aligns with increasing investments in digital infrastructure across India, where data generation significantly outpaces existing data centre capacity, highlighting a structural gap in supply.Read more

cover photo

Enviro Infra Engineers secures INR 972 crore sewage infrastructure contracts in Maharashtra under SBM 2.0

14 Apr 2026

Enviro Infra Engineers has secured sewage infrastructure projects worth INR 972 crore in Maharashtra under the Swachh Bharat Mission (Urban) 2.0, strengthening its presence in the urban wastewater segment. The contracts, awarded for multiple urban local bodies, involve development of sewage treatment plants (STPs), interception and diversion networks, and extensive sewer pipeline systems across Pune and Nashik regions. The projects will be executed on an engineering, procurement and construction (EPC) basis within a 24-month timeline. The initiative is aimed at improving sanitation infrastructure and wastewater management in smaller and mid-sized urban centres, particularly those with populations below one lakh. The orders also expand the company's project pipeline and align with ongoing government efforts to enhance urban sanitation coverage across Maharashtra.Read more

cover photo

Surge in tourism-linked construction as Jammu & Kashmir issues 415 building permits in 2025–26 amid enforcement action

14 Apr 2026

The Jammu & Kashmir government reported that tourism development authorities (TDAs) issued 415 building permissions in the 2025-26 financial year, exceeding the combined total of the previous two years. Official data indicated that 807 permits were granted between 2023 and 2026 across the Union Territory. The approvals span residential, commercial, and hospitality developments, reflecting rising tourism-linked construction activity. Simultaneously, authorities identified over 500 unauthorised structures across key tourist destinations and initiated enforcement measures including notices, penalties, sealing, and demolitions. The Tourism Department has also expanded homestay registrations to 2,613 units, strengthening accommodation capacity while introducing GIS-based monitoring systems to regulate development and improve oversight across major tourist regions.Read more

cover photo

Beijing court orders liquidation of Zhongzhi Group and 316 affiliates amid property-linked financial stress

14 Apr 2026

A Beijing court has directed the bankruptcy liquidation of Zhongzhi Enterprise Group and 316 affiliated entities, consolidating their assets and liabilities into a single pool as part of insolvency proceedings. Creditors have been asked to submit claims by early June through the appointed administrator. The move follows Zhongzhi's earlier bankruptcy filing amid mounting stress linked to China's property sector downturn. The group, once a significant participant in the country's shadow banking system, had notable exposure to real estate financing. The development underscores the continued spillover of property sector distress into broader financial markets, raising concerns around systemic risk and investor exposure in China's alternative lending ecosystem.Read more

cover photo

Supreme Court directs Nowhera Shaik to surrender, links bail to execution of property sale deeds in investor fraud case

14 Apr 2026

The Supreme Court has directed Heera Group chief Nowhera Shaik to surrender before authorities within a stipulated period, while making any future consideration of bail contingent upon her cooperation in executing pending property sale deeds. The order, issued in the past week, forms part of ongoing proceedings in a large-scale investor fraud case involving alleged collections exceeding INR 10,000 crore. The Enforcement Directorate (ED) informed the court that several sale deeds linked to auctioned properties remain unexecuted despite receipt of full consideration. The court also outlined a timeline for completion of these transactions, with provisions for intervention by court authorities in case of non-compliance. The matter relates to recovery efforts for investors affected by the alleged scheme and enforcement of property disposals tied to attached assets.Read more

cover photo

Rajasthan faces grid bottleneck as 60 GW clean energy projects await connection

14 Apr 2026

Rajasthan is facing a major transmission bottleneck, with around 60 GW of renewable energy projects awaiting grid connectivity. The issue highlights a gap between rapid solar and wind capacity expansion and the development of transmission infrastructure. While the state has strong renewable potential and high project interest, grid systems have been planned for only part of the capacity. The regulator has asked developers to be informed of delays, allowing them to reconsider investments. The situation underscores challenges in India's clean energy push, with infrastructure constraints likely to impact project timelines and future investment decisions in the sector.Read more

cover photo

What does a US naval blockade of Iran mean for oil flows?

14 Apr 2026

The United States has announced a blockade on vessels linked to Iran, restricting shipping to and from its ports and potentially removing nearly two million barrels of oil per day from global supply. The move follows failed US-Iran talks and rising tensions in the Strait of Hormuz. While transit for non-Iranian shipments will continue, overall traffic in the region remains severely disrupted. Iran has warned of strong retaliation, raising risks for Gulf infrastructure and shipping routes. The development could impact major importers, including India and China, and adds pressure to global oil markets already facing supply constraints and price volatility.Read more

cover photo

Etihad Airways to add five China routes to expand connectivity

14 Apr 2026

Etihad Airways has announced plans to expand its China network by adding five new routes, increasing connectivity between the UAE and key Chinese cities. The airline will operate services to Shanghai, Guangzhou, Chengdu, Hangzhou and Shenzhen, adding 28 weekly flights using Boeing 787-9 aircraft. The expansion aims to strengthen its partnership with China Eastern Airlines and support cargo operations across major trade hubs. Despite ongoing regional disruptions affecting air travel, the move reflects Etihad's focus on long-term growth and international connectivity in key global markets.Read more

cover photo

Over 30 killed in stampede at Haiti’s historic Laferrière Citadel

14 Apr 2026

At least 30 people were killed in a stampede at Haiti's Laferrire Citadel, a UNESCO World Heritage site, during annual celebrations. The incident occurred near the entrance as large crowds, including many students, gathered at the historic fortress. Heavy rainfall is believed to have worsened the situation, contributing to panic and congestion. Authorities have warned that the death toll may rise as rescue efforts continue. Officials have not yet released details of the victims. The tragedy highlights ongoing safety and infrastructure challenges in Haiti, which has faced multiple crises in recent years, including natural disasters and security concerns.Read more

cover photo