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

Debris clearance continues at Kashedi Ghat as traffic restrictions remain on Mumbai–Goa highway

13 Jul 2026

• Debris removal operations continued at the Kashedi Ghat section of National Highway 66 after a landslide triggered by heavy rainfall disrupted traffic on the Mumbai–Goa highway.
• Mumbai-bound vehicles have been diverted to the opposite carriageway while authorities work to restore normal movement on the affected stretch.
• The landslide temporarily closed the highway for several hours, with machinery and emergency personnel deployed to clear mud and rocks from the roadway.
• Authorities have advised motorists to exercise caution as restoration work continues amid ongoing monsoon conditions.
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Interarch opens Gujarat manufacturing plant to expand steel construction capacity

13 Jul 2026

Interarch Building Solutions Ltd has inaugurated a new manufacturing facility in Kheda, Gujarat, as part of its capacity expansion strategy for India's steel construction sector. Spread across nearly 12 acres, the first phase of the plant adds 20,000 metric tonnes (MT) of annual manufacturing capacity with an investment of INR 60 crore. A planned second phase will add another 20,000 MT per annum, increasing the facility's total capacity to 40,000 MT annually, with cumulative investment expected to reach INR 70 crore. The project is expected to create more than 400 direct and indirect jobs. The company said the expansion will strengthen its ability to meet growing demand for prefabricated steel building solutions across industrial, commercial and infrastructure projects.Read more

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Maharashtra to protect pre-2011 slums on government forest land through rehabilitation policy

13 Jul 2026

The Maharashtra government has announced that slums established on government forest land before January 1, 2011, will be protected through a rehabilitation policy rather than eviction, subject to legal approvals. Forest Minister Ganesh Naik informed the Legislative Assembly that the state would seek necessary permissions from the judiciary and the Centre wherever required. The proposal aims to address long-standing housing issues affecting eligible occupants while ensuring compliance with forest conservation laws and applicable rehabilitation frameworks.Read more

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Tripura pushes Centre to raise externally aided projects limit to INR 10,000 crore for faster infrastructure growth

13 Jul 2026

• Tripura has urged the Centre to raise the annual cap on externally aided projects (EAPs) from INR 4,000 crore to INR 10,000 crore to support larger infrastructure projects.
• Chief Minister Manik Saha said the request was placed before Union Finance Minister Nirmala Sitharaman during the recent North Eastern Council (NEC) plenary session.
• The state highlighted progress under the Smart City Mission, water body rejuvenation and other urban infrastructure projects while seeking greater financial flexibility.
• Tripura also aims to attract Memorandums of Understanding (MoUs) worth INR 1 lakh crore through the Destination Tripura: Business Conclave 2026.
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DPR underway for Ghaziabad–Jewar RRTS corridor to improve connectivity to Noida International Airport

13 Jul 2026

• The National Capital Region Transport Corporation (NCRTC) has begun preparing a Detailed Project Report (DPR) for a proposed Regional Rapid Transit System (RRTS) corridor linking Ghaziabad with Noida International Airport at Jewar.
• The proposed high-speed transit corridor aims to significantly reduce travel time between Ghaziabad, Noida, Greater Noida and the upcoming airport, while strengthening regional connectivity across the National Capital Region.
• The DPR will assess the project's alignment, station locations, technical feasibility, passenger demand, costs and implementation strategy before it is taken up for approvals.
• The proposed corridor forms part of broader efforts to expand the NCR's rapid transit network and improve multimodal connectivity to the greenfield airport ahead of its phased operational rollout.
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Flyover collapse on Nanded outskirts raises scrutiny over highway construction safety

13 Jul 2026

A section of an under-construction flyover on the Nagpur–Kolhapur National Highway at Vishnupuri, on the outskirts of Nanded, Maharashtra, collapsed on Thursday, injuring two college students. The incident occurred near Shri Guru Gobind Singhji Institute of Engineering and Technology when a concrete slab fell from the structure. Authorities secured the site, diverted traffic and launched a technical investigation into the collapse. The inquiry will assess construction quality, structural integrity and safety compliance before work on the highway flyover project resumes.Read more

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BEST bus crashes into 14 vehicles in Mumbai's Andheri, several injured

Mumbai News Desk

13 Jul 2026

• A Brihanmumbai Electric Supply and Transport (BEST) bus rammed into 14 vehicles on S.V. Road near the Andheri subway on Friday afternoon, leaving six to eight people injured.
• The accident occurred at around 4.15 pm when the bus, operating on Route 242 between Millat Nagar and Andheri Bus Station (West), was taking a right turn from Caesar Road.
• The injured were rushed to nearby hospitals, while police and civic authorities launched an investigation into the cause of the accident.
• The incident is the second major accident involving a wet lease BEST bus, where the vehicle is operated and maintained by a private contractor while running under the BEST network.
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Worker dies after fall from Wadala SRA tower; police probe construction site safety

Mumbai News Desk

13 Jul 2026

A 34-year-old construction worker died after falling from the 22nd floor of an under-construction Slum Rehabilitation Authority (SRA) residential tower in Wadala, Mumbai. The incident occurred while terrace work was underway on a building where possession had already been handed over to several occupants. RAK Marg police have registered an Accidental Death Report (ADR) and launched an investigation into the circumstances surrounding the fatal fall, including whether prescribed workplace safety measures and construction protocols were followed.Read more

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Centre prepares to roll out toll-annuity model to revive highway PPP investments

13 Jul 2026

• The Centre is preparing to invite bids for select national highway projects under a new toll-cum-annuity model aimed at reviving private participation in road development.
• The proposed framework combines features of the traditional Build-Operate-Transfer (BOT) and Hybrid Annuity Model (HAM), while providing upfront government support for financially challenging projects.
• Officials believe the revised concession structure will improve project bankability, optimise risk allocation and attract long-term infrastructure investors.
• The model is expected to form part of a revised Model Concession Agreement (MCA) currently being finalised by the Ministry of Road Transport and Highways.
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Delhi-Mumbai Expressway to be fully completed within two years; Gadkari announces new highway projects for Kota

13 Jul 2026

The Central government has reaffirmed its commitment to completing the Delhi-Mumbai Expressway within the next two years, with around 75-80 per cent of the corridor already finished. During his visit to Kota, Union Road Transport and Highways Minister Nitin Gadkari also announced multiple highway projects, including the Mukundara Bypass, a new expressway spur connecting Kota, and the proposed Atal Express Highway. He said the projects would improve connectivity, attract industries and logistics investments, and support economic development across Rajasthan and neighbouring regions.Read more

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Across the Valley: Heritage Corridors Defining Kashmir's Identity

13 Jul 2026

Kashmir's heritage extends beyond its monuments to landscapes where history, culture and nature converge. From Srinagar's Mughal gardens and historic neighbourhoods to ancient temple complexes and mountain destinations, these corridors continue to define the Valley's identity. During FY2025-26, road upgrades, tunnel projects, Smart City works, heritage restoration and tourism infrastructure improvements enhanced connectivity and public access, reinforcing the role of these destinations in preserving Kashmir's cultural legacy while supporting sustainable tourism.Read more

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Pathankot civic campaign expands public toilet network across market areas

13 Jul 2026

A citizen-led sanitation initiative in Pathankot, Punjab, has installed 25 portable public toilets across key market areas through a collaborative model involving local traders' associations. Led by educator and public interest worker Srijal Gupta, the "Shahar Zinda Karo" campaign transfers responsibility for the maintenance of each toilet to the respective market association after installation, promoting community ownership of civic infrastructure. The latest unit has been installed at Gurjeet Market, where a local trader has volunteered to oversee its upkeep. The initiative forms part of the broader #MuskurahatWalaPathankot campaign, which focuses on sanitation, public health and civic participation. Organisers are also preparing a city-wide cleanliness drive next month that will include a volunteer march and the distribution of dustbins to shopkeepers as part of efforts to improve public hygiene across the border district.Read more

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Centre notifies amendments to NCR Planning Board Rules to streamline member nominations

13 Jul 2026

• The Ministry of Housing and Urban Affairs has notified the National Capital Region Planning Board (Amendment) Rules, 2025, introducing changes to the process of nominating representatives to the NCR Planning Board.
• The amendments revise the rules governing the nomination of representatives from participating states and local authorities, while also updating procedures related to the appointment of substitute members.
• The revised provisions seek to improve administrative efficiency and ensure continuity in the functioning of the Board by clearly defining nomination and representation procedures.
• The amended rules have come into force from the date of their publication in the Gazette of India.
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RAHSTA Awards recognise excellence in highway construction and infrastructure innovation

13 Jul 2026

Twenty-four organisations across India's road construction, infrastructure, equipment manufacturing and technology sectors were recognised at the RAHSTA Awards 2026, held alongside the 16th RAHSTA Expo in Mumbai. Speaking at the event in the past week, Union Minister of State for Road Transport and Highways Ajay Tamta said technology is becoming central to highway development but stressed that engineering solutions must be adapted to local terrain and environmental conditions. The awards honoured companies and public agencies for achievements in highway construction, bridge and tunnel execution, road safety, sustainable materials, smart transport systems and project delivery. Major winners included Ceigall India, Welspun Enterprises, J. Kumar Infraprojects, Rajpath Infracon, GHV Infra Projects, Tata Hitachi, Tata Steel, Border Roads Organisation and Cube Highways, highlighting innovation and execution across the transport infrastructure sector.Read more

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High regularisation costs slow property legalisation in Delhi's unauthorised colonies

13 Jul 2026

The Municipal Corporation of Delhi's (MCD) property regularisation drive for unauthorised colonies has attracted only five applications in more than two months, despite over 40,000 beneficiaries under the Pradhan Mantri Unauthorised Colonies in Delhi Awas Adhikar Yojana (PM-UDAY) being eligible to apply. Officials attribute the poor response primarily to the high cost of regularisation, with charges for a 100 sq m plot ranging between INR 3 lakh and INR 5.4 lakh, and the absence of a statutory deadline for completing the process. The MCD has initiated discussions with the Delhi government and the Delhi Development Authority (DDA) to explore reducing the charges. The civic body has also undertaken awareness campaigns and empanelled architects to assist applicants with documentation and building plan approvals.Read more

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Assam targets completion of two lakh PMAY-G houses within 100 days

13 Jul 2026

The Assam government has set a target of completing two lakh houses under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) within the next 100 days, according to Panchayat and Rural Development Minister Atul Bora. Responding to a query in the State Assembly in the past week, the minister said that 22 lakh houses have been constructed across the state under the rural housing scheme since 2016. He also assured that allegations relating to irregularities in the geo-tagging of houses would be examined by the department. The government further said that a survey covering 34,99,144 houses was conducted during 2025–26 and that the preparation of the final list of eligible beneficiaries is underway in accordance with PMAY-G guidelines.Read more

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MCD to launch drone-based property survey pilot for tax assessment

13 Jul 2026

The Municipal Corporation of Delhi (MCD) is set to launch a pilot project using drones and advanced geospatial technologies to improve property tax assessment and identify unassessed or under-assessed properties. The initiative follows memorandums of understanding signed with four agencies under the civic body's Pilot Drone-based Geospatial Survey and Digital Twin Initiative. The agencies will independently conduct surveys using drone imagery, LiDAR, GIS-based asset mapping, digital twin technology, 3D city modelling and advanced data analytics, with no financial expenditure by the MCD on the pilot. The exercise is intended to strengthen property records, reduce revenue leakages and support urban planning. Based on the outcome, the civic body may consider extending the technology-driven survey across Delhi.Read more

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Rajesh Power Services wins INR 653 crore underground power network contracts in Gujarat

13 Jul 2026

Rajesh Power Services Ltd has secured turnkey contracts worth INR 653.12 crore from Paschim Gujarat Vij Company Ltd (PGVCL) for underground power distribution projects across four districts in Gujarat. Announced in the past week, the contracts involve converting existing 11 kV high-tension (HT) and low-tension (LT) overhead electricity networks into underground cable systems with ring main infrastructure, supported by GIS mapping and asset tagging. The projects will be executed in the Bhavnagar, Anjar, Junagadh and Porbandar circles under PGVCL's distribution network. The company said the order reinforces its position in the power transmission and distribution sector, where it undertakes engineering, procurement and construction (EPC) projects for electricity infrastructure.Read more

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PMC issues notice to Bavdhan housing society over missing stormwater drains amid flooding concerns

Pune News Desk

13 Jul 2026

The Pune Municipal Corporation (PMC) has issued a notice to a housing society in Bavdhan after inspections found the absence of a planned stormwater drainage system, following complaints of severe waterlogging during heavy rainfall. Residents alleged that the developer failed to construct the required drainage infrastructure, resulting in recurring flooding outside the society. PMC has directed the society and developer to respond while examining responsibility for the missing infrastructure and measures needed to prevent future monsoon-related flooding.Read more

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Solex Energy secures INR 628 crore solar module supply order

13 Jul 2026

Gujarat-based Solex Energy has secured a solar module supply order worth INR 628.37 crore from an international renewable energy group with operations across multiple countries. Announced in the past week, the contract covers the supply of N-Type TOPCon G12R glass-to-glass solar photovoltaic (PV) modules with power ratings of 615 Wp and 620 Wp. The order value includes all applicable duties and taxes. The latest contract strengthens Solex Energy's order book as demand for high-efficiency solar modules continues to grow in domestic and international renewable energy markets. The company is one of India's established manufacturers of solar PV modules, with manufacturing operations based in Gujarat.Read more

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