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

Sarkhej-Dholera semi high-speed rail project to cost far less than Delhi-Meerut RRTS

01 Jun 2026

• The 134-km Sarkhej-Dholera semi high-speed rail corridor in Gujarat has been approved at an estimated cost of INR 20,667 crore.
• Railway officials said the project will cost much less per kilometre than the Delhi-Meerut Namo Bharat RRTS despite supporting higher train speeds.
• The corridor will use Indian Railways’ broad gauge network and the indigenous Kavach signalling system, helping reduce construction and technology costs.
• Lower land acquisition requirements and the absence of tunnel construction have also contributed to lower project costs.
• The rail line is expected to improve connectivity to Dholera Special Investment Region and support industrial and infrastructure growth in Gujarat.
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MahaRERA directs Mumbai developer to address construction defects and complete conveyance process

01 Jun 2026

• MahaRERA has again pulled up a Mumbai-based developer over alleged construction defects and delays in executing conveyance for a residential project.
• The authority directed the builder to undertake repairs and complete conveyance procedures within prescribed timelines.
• Residents had raised concerns regarding workmanship deficiencies, infrastructure-related issues and pending transfer of property rights.
• The order reflects increasing regulatory scrutiny over developer compliance and homebuyer protection in Maharashtra’s housing sector.
• Industry observers note that delayed conveyance and structural defect disputes remain among the most common complaints before MahaRERA.
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Opposition questions BMC’s proposed SevenHills Hospital PPP revival plan

01 Jun 2026

• Opposition parties have criticised the Brihanmumbai Municipal Corporation proposal to revive SevenHills Hospital in Andheri through a public-private partnership model involving private operator participation.
• According to civic discussions and multiple media reports, concerns were raised over handing public healthcare land and infrastructure to private entities without adequate transparency or public accountability.
• The proposals related to SevenHills Hospital, blood bank privatisation and associated land-use changes were later referred back by BMC’s improvements committee following political objections and intervention from senior state leaders.
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Delhi’s Barapullah Phase-III flyover likely to open by June-end, easing travel between east and south Delhi

01 Jun 2026

Delhi’s Barapullah Phase-III flyover is expected to become operational by the end of June, bringing the city closer to completing a major signal-free corridor connecting Mayur Vihar-I and AIIMS. The long-delayed infrastructure project, under construction for nearly a decade, is aimed at reducing congestion between east and south Delhi. Officials said final construction and safety work is currently underway. The project faced delays due to environmental clearances, land-related issues and construction disruptions over the years, while costs also increased significantly from the original estimate.Read more

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Supreme Court seeks responses from Centre, ED and RBI over alleged diversion of homebuyers’ funds in Noida projects

01 Jun 2026

• The Supreme Court has issued notices to the Centre, Enforcement Directorate, RBI and multiple real estate companies over allegations of diversion of homebuyers’ funds in Noida and Yamuna Expressway projects.
• The plea alleges that developers siphoned off thousands of crores collected from over 25,000 buyers and diverted funds to related entities instead of completing housing projects.
• The matter involves Jaiprakash Associates, Jaiprakash Infratech and several other developers operating in the Noida and Greater Noida region.
• The Enforcement Directorate has reportedly attached assets worth around INR 400 crore while the alleged fund diversion is estimated at over INR 14,000 crore.
• The apex court has sought replies from all respondents by July 15 as it examines allegations linked to project insolvency, delayed delivery and financial irregularities.
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GMR Airports returns to profit after more than a decade amid strong passenger growth

01 Jun 2026

• GMR Airports Ltd reported a net profit of INR 400.49 crore in the March quarter of FY26, compared to a loss of INR 252.66 crore in the year-ago period.
• The company posted its first full-year profit in more than a decade at INR 472 crore, supported by strong passenger traffic growth and higher operational income.
• Total income rose to INR 4,042.90 crore in the March quarter, while annual income increased to INR 15,200.75 crore in FY26.
• GMR-operated airports handled a record 121.6 million passengers during FY26, with Delhi Airport alone accounting for 78.7 million passengers.
• The company said passenger traffic remained resilient despite runway upgrades, airline schedule changes, evolving airspace conditions and global geopolitical challenges.
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NHAI identifies 17 highway assets for monetisation under TOT and InvIT routes

01 Jun 2026

• NHAI has identified 17 National Highway assets spanning 1,692.5 km for monetisation in financial year 2026–27.
• The assets will be monetised through toll-operate-transfer (TOT) and infrastructure investment trust (InvIT) models.
• These highway stretches are spread across nine states, including Uttar Pradesh, Maharashtra, Karnataka, Tamil Nadu, and others.
• The selected corridors are key logistics routes with established traffic and strong connectivity importance.
• The monetisation list excludes assets planned under the Raajmarg Infra Investment Trust (RIIT) for the same financial year.
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HFCL wins INR 135 crore RailTel contract for maintenance of defence data centres

01 Jun 2026

• HFCL has secured a five-year annual maintenance contract worth around INR 135.09 crore from RailTel Corporation of India.
• The contract is linked to the Secure Operations Network project for Indian defence forces.
• HFCL had earlier completed the design, supply, installation and commissioning of one central data centre and 120 mini data centres across defence locations.
• The scope of work includes preventive maintenance, network monitoring, incident management and 24x7 technical support services.
• The order strengthens HFCL’s position in defence communication, telecom infrastructure and secure digital network projects.
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Hyderabad among worst-affected metros in India’s growing groundwater stress crisis

01 Jun 2026

Hyderabad has emerged among India’s most groundwater-stressed metropolitan cities due to excessive extraction, rising urban demand and uneven groundwater recharge, according to recent reports and central government water conservation data. The issue has gained attention amid continuing concerns over declining groundwater levels across several urban districts covered under the Jal Shakti Abhiyan: Catch the Rain programme. Government records show that Telangana districts including Hyderabad, Nalgonda, Siddipet and Rangareddy have been part of successive water conservation and recharge initiatives under the campaign. Experts and urban planners have highlighted increasing dependence on groundwater resources amid rapid urban expansion, infrastructure growth and rising residential demand across Hyderabad’s metropolitan region.Read more

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Construction costs rise over 25% as developers flag material shortages and supply disruptions amid global conflicts

01 Jun 2026

Construction costs in India have increased by more than 25% since the onset of global geopolitical conflicts, with developers citing supply chain disruptions, labour shortages and escalating raw material prices as key challenges affecting the real estate sector. Industry body CREDAI stated that shortages of critical materials such as steel, cement, aluminium, PVC products and glass have begun affecting project execution timelines and overall construction budgets. Developers have also raised concerns over delayed project completion, rising logistics expenses and increasing pressure on housing prices across multiple residential markets.Read more

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Gandhinagar gets INR 340 crore infrastructure push led by Shri Amit Shah

31 May 2026

• Union Home Minister Amit Shah laid foundation stones and inaugurated development projects worth around INR 340 crore in Gandhinagar, Gujarat.
• The projects cover civic infrastructure, urban amenities, public facilities and local development works across multiple assembly segments in the district.
• The initiative forms part of ongoing infrastructure and urban development efforts aimed at improving public services and connectivity in the region.
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Demwe Lower hydro project agreement signed in Arunachal Pradesh

31 May 2026

The Arunachal Pradesh government has signed an agreement with Greenko Demwe Power Ltd for the development of the 1,750 MW Demwe Lower Hydroelectric Project on the Lohit river near Parasuram Kund and Brahma Kund. The project is among the largest hydropower partnerships involving a private developer in the state. Planned with six generating units, the project is expected to produce around 7,326 million units of electricity annually. The development will include major dam, reservoir and tunnel infrastructure and is also expected to support employment, connectivity and economic activity in the region.Read more

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NHAI approves INR 1,428 crore Thiruvarur bypass project on NH-83 in Tamil Nadu

31 May 2026

• The Ministry of Road Transport and Highways has approved an INR 1,427.61 crore project for a four-lane Thiruvarur bypass in Tamil Nadu.
• The 14.9-km bypass will be developed on the Nagapattinam–Thanjavur section of NH-83 along with two additional road over bridges.
• The project aims to reduce traffic congestion inside Thiruvarur town and improve freight movement across central and coastal Tamil Nadu.
• The bypass will strengthen connectivity between industrial hubs such as Tiruchirappalli and Coimbatore and port towns including Nagapattinam and Karaikal.
• The approval is part of the Centre’s wider push to improve national highway and logistics infrastructure in southern India.
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Infrastructure expansion drives emergence of new residential micro-markets across NCR

31 May 2026

• Infrastructure corridors across NCR are accelerating residential growth in emerging micro-markets including Dwarka Expressway, New Gurgaon, Yamuna Expressway and Greater Noida.
• Improved connectivity through expressways, metro expansion and the upcoming Noida International Airport is increasing end-user demand and developer activity.
• Data from PropTiger indicates that more than 60% of NCR’s new residential supply is concentrated in infrastructure-linked locations.
• Developers and consultants said buyers are increasingly prioritising mobility, lifestyle amenities, wellness infrastructure and integrated urban planning.
• Peripheral corridors across Gurugram, Noida and Greater Noida are witnessing stronger residential launches, commercial activity and organised urban development.
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Indian office developments shift towards employee-focused ecosystems with wellness and experience-led infrastructure

31 May 2026

• India’s commercial real estate sector is increasingly moving towards employee-centric office ecosystems that prioritise wellness, collaboration and workplace experience.
• Developers are integrating cafés, landscaped open areas, wellness zones, community spaces and advanced air quality systems into office projects.
• Corporates are seeking workplaces that support employee retention, productivity and flexible work patterns in the post-pandemic environment.
• Indoor environmental quality, sustainability infrastructure and smart building technologies are emerging as major differentiators in premium office developments.
• Industry stakeholders believe workplace experience and wellness-led design are becoming key drivers of leasing demand and long-term asset value.
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Pune fire incident highlights wider gaps in Maharashtra’s residential fire safety compliance

31 May 2026

• A recent fire incident in a Pune housing society has renewed focus on fire safety preparedness and compliance across residential developments in Maharashtra.
• The Maharashtra Fire Prevention and Life Safety Measures Act, 2006 gives fire authorities extensive powers related to emergency access, firefighting operations and enforcement of safety infrastructure.
• The legislation also mandates administrative and financial mechanisms for maintaining fire brigades, emergency equipment and coordinated response systems across urban areas in the state.
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CERC proposes graded extension charges for delayed renewable energy project milestones under GNA framework

31 May 2026

• CERC has proposed a framework allowing renewable energy developers additional time to meet land, financial closure and commissioning milestones under GNA regulations through payment of Milestone Extension Charges (MEC).
• The draft procedure introduces graded per-MW daily compensation charges linked to delays in land acquisition, financial closure and commercial operation timelines.
• The proposal also outlines eligibility conditions, revocation triggers, bank guarantee treatment and relaxation mechanisms for renewable and storage project developers seeking connectivity extensions.
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Indian real estate sector may require INR 50 lakh crore capital over next decade to sustain growth: Report

31 May 2026

• ANAROCK Capital has estimated that India’s real estate sector will require nearly INR 50 lakh crore in capital over the next decade to support expansion into a USD 1 trillion market by 2030.
• The report highlighted financing constraints including restrictions on bank funding for land acquisition, rising borrowing costs and limited institutional access for smaller developers.
• Alternative Investment Funds (AIFs), REITs, NBFCs and private capital are increasingly emerging as major funding sources across land acquisition, construction finance and last-mile funding.
• Industry stakeholders stated that institutional capital remains concentrated among large developers and key metropolitan markets, limiting access for Tier-II and Tier-III projects.
• The report noted that broader funding access across affordable housing and emerging cities will be critical for balanced long-term sectoral growth.
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Gujarat Deputy CM reviews Dholera infrastructure projects during visit to GAP Group’s Akhilam township

31 May 2026

• Harsh Sanghavi visited the Dholera Special Investment Region to review infrastructure preparedness and ongoing development activity within the emerging industrial hub.
• During the visit, the delegation toured GAP Group’s Akhilam township located in Dholera’s Activation Area.
• Officials reviewed studio apartments, co-working spaces and food court facilities being developed as part of the township project aimed at supporting future residential and commercial demand.
• The Deputy CM highlighted the need for quality residential and lifestyle infrastructure amid rising industrial investments and anticipated housing demand in Dholera.
• GAP Group also briefed the delegation on the construction of a large RCC raft foundation being developed for the residential project.
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Amaravati flood management works reviewed for timely completion

31 May 2026

APCRDA Additional Commissioner K. Karthik, IAS, reviewed the ongoing flood management works in Amaravati, focusing on Palavagu development areas. The inspection covered multiple locations where drainage and rainwater flow systems are being developed. Officials from APCRDA and ADCL briefed him on the current status and progress of the projects. With the monsoon season approaching, emphasis was placed on completing the works with quality and within the planned timelines. Suggestions were also made to ensure better coordination between departments and faster execution of remaining tasks.Read more

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