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

Himachal ties up with Alliance Air for Delhi–Shimla–Dharamshala flights

08 Apr 2026

The Himachal Pradesh government has partnered with Alliance Air to introduce daily flights connecting Delhi, Shimla and Dharamshala, with operations expected to begin later this month. The move aims to improve regional air connectivity and support tourism across key destinations in the state. The flights will operate using 48-seater ATR aircraft under a full viability gap funding model, with the state bearing the cost. The agreement is valid for one year and is expected to improve accessibility for both tourists and residents.Read more

cover photo

Supreme Court allows Kozhikode-Wayanad tunnel project to proceed, declines to halt environmental clearance

08 Apr 2026

The Supreme Court has allowed the Kozhikode-Wayanad tunnel project in Kerala to move ahead by refusing to interfere with its environmental clearance. The court upheld the earlier Kerala High Court decision and noted the project's importance for regional connectivity and public benefit. While environmental concerns were raised due to the project's location in the Western Ghats, the court observed that expert assessments and safeguards are in place. It also permitted the petitioners to approach the National Green Tribunal if any violations occur during execution, ensuring continued oversight.Read more

cover photo

Supreme Court seeks Centre’s response on plea to curb cattle intrusion on highways

08 Apr 2026

The Supreme Court of India has sought responses from the Centre, states and relevant authorities on a petition addressing the issue of stray cattle entering highways. The plea calls for uniform national guidelines, mandatory fencing of accident-prone stretches, and proper funding for cattle shelters. It also proposes penalties for abandonment of cattle and a no-fault compensation system for accident victims. The matter builds on earlier court directions and highlights gaps in implementation, as rising road accidents linked to stray animals continue to raise safety concerns.Read more

cover photo

Delhi plans upgraded slum rehabilitation policy with focus on in-situ housing and amenities

08 Apr 2026

The Delhi government is working on a revised slum rehabilitation policy aimed at improving living conditions through better housing and integrated infrastructure. The plan includes in-situ redevelopment, along with facilities such as shopping complexes, parking spaces, e-rickshaw charging points, schools and sanitation services. It also looks at addressing issues seen in earlier relocation projects and vacant EWS housing. With around 675 slum clusters in the capital, the policy aims to create more practical and accessible housing while ensuring connectivity to livelihoods and basic services.Read more

cover photo

Telangana plans underpass tunnel beneath Begumpet Airport to ease traffic

08 Apr 2026

The Telangana government has proposed a multi-lane underpass beneath Begumpet Airport to improve connectivity and reduce congestion in Hyderabad. The project, part of an elevated corridor linking Suchitra Junction and Paradise Circle, has received in-principle approval from the Airports Authority of India. Designed to pass below the airport runway, the plan is considered a first-of-its-kind in India. It forms part of a broader strategy to strengthen urban mobility through integrated road infrastructure and better traffic management across key city corridors.Read more

cover photo

BMC clears three-tier alternative reservoir plan at Malabar Hill

Mumbai News Desk

08 Apr 2026

The Brihanmumbai Municipal Corporation has approved a three-tier alternative reservoir at Malabar Hill to ensure uninterrupted water supply during repairs of the ageing reservoir. The planned facility will have a capacity of 52 MLD and include underground, ground-level, and elevated storage structures. The move follows earlier scrapped reconstruction plans due to environmental concerns, especially around Hanging Gardens. The project has undergone several revisions, including technical inputs from experts. Authorities are currently reviewing visual impact concerns before moving ahead with tendering and execution.Read more

cover photo

PM Modi to inaugurate Delhi–Dehradun expressway, aiming to cut travel time and improve regional connectivity

08 Apr 2026

Prime Minister Narendra Modi is set to inaugurate the Delhi-Dehradun Expressway on April 14, marking the completion of a 210-km access-controlled corridor connecting Delhi, Uttar Pradesh and Uttarakhand. Built at an estimated cost of around INR 12,000 crore, the project is designed to reduce travel time between Delhi and Dehradun from over six hours to about 2.5 hours. The expressway integrates advanced engineering features, including elevated wildlife corridors and multiple interchanges, and is expected to ease congestion on existing routes while strengthening connectivity to key economic and tourism zones.Read more

cover photo

BMC flags lapses in handling dangerous buildings, warns of strict action

Mumbai News Desk

08 Apr 2026

The Brihanmumbai Municipal Corporation has identified serious lapses in how dangerous buildings and redevelopment cases are being handled across Mumbai and has warned of disciplinary action against responsible officials. Several ward offices were found not following standard procedures or updating records on the central monitoring system. Irregularities were also observed in redevelopment approvals under DCPR 2034, especially in tenant verification and documentation. The action follows a recent case in Prabhadevi and aims to improve accountability, ensure compliance, and prevent revenue losses.Read more

cover photo

Morbi civic body withdraws slum demolition order after residents move court

08 Apr 2026

The Morbi Municipal Corporation has withdrawn its demolition order for a slum settlement on Panchasar Road after around 115 residents approached the Gujarat High Court. Residents argued that they were not given a proper hearing and were not offered alternative housing before eviction notices were issued. The civic body had directed them to vacate within a short time under provisions of the GPMC Act. Following the court's intervention, the authority agreed to reconsider the matter and review documents submitted by residents before taking any further action.Read more

cover photo

Goa government halts Prabhu Realtors projects over water contamination issue

08 Apr 2026

The Goa government has stopped all real estate projects by Prabhu Realtors after a water contamination issue was reported at a residential complex in Dabolim. Residents raised complaints about unsafe drinking water, with several falling ill. Authorities sealed the suspected borewell and began testing water samples. The Goa Human Rights Commission also stepped in and sought responses from concerned departments. The halt applies to all projects by the developer until further notice. The situation has raised concerns among homebuyers while investigations are underway to identify the exact cause and fix responsibility.Read more

cover photo

Court grants bail to three officials in Mulund Metro parapet collapse case

Mumbai News Desk

07 Apr 2026

A Mumbai sessions court has granted bail to three officials linked to the Metro Line 4 project in the Mulund parapet collapse case that caused one death and injured three people. The court observed that the incident appeared to be due to a lapse during on-site execution, particularly a welding-related error, rather than direct negligence by the officials. It also noted that custodial interrogation was complete and the accused had no criminal background. The case continues to be investigated, with focus on construction practices and accountability in large infrastructure projects.Read more

cover photo

Chhatrapati Sambhajinagar launches GIS survey for comprehensive village development

07 Apr 2026

The Chhatrapati Sambhajinagar Metropolitan Region Development Authority has launched a Geographic Information System (GIS)-based survey to map villages in its jurisdiction and support planned development. A pilot phase covering five villages has begun, with a private consultant appointed to collect data from government departments, conduct field inspections, and document infrastructure through photographs. The survey will eventually cover 311 villages across multiple talukas. Authorities have stressed the importance of accurate data sharing from all departments to ensure effective planning. The initiative is part of broader efforts to support regional growth and infrastructure development.Read more

cover photo

Varanasi Development Authority approves INR 2,866 crore budget for city infrastructure and expansion

07 Apr 2026

The Varanasi Development Authority (VDA) has approved an INR 2,866.20 crore budget for the financial year 2026-27, marking a significant increase over the previous year. Operational income is estimated at INR 2,070.61 crore and expenditure at INR 2,069 crore. Major revenue sources include land sales and compensation, while expenditure is focused on township development, infrastructure, and administrative projects. Compensation under schemes like Madhni, Ganjari, and Kallipur will total around INR 1,700 crore, supporting major residential and integrated development projects under the Mukhyamantri Shahri Vistarikaran Yojana.Read more

cover photo

MIDC moves ahead with large slum redevelopment plan in Thane-Belapur belt

07 Apr 2026

The Maharashtra Industrial Development Corporation (MIDC) has initiated a large-scale slum rehabilitation project across 338 acres in the Thane-Belapur industrial corridor, covering nearly 35,800 structures. The project will be executed in three packages through private developers responsible for funding, construction and rehabilitation. The plan replaces an earlier proposal involving the Navi Mumbai Municipal Corporation that did not move forward. With strict eligibility criteria for developers, the project aims to formalise housing, improve infrastructure and unlock land value in one of the Mumbai Metropolitan Region's key industrial zones.Read more

cover photo

Mumbai Metro rolls out simpler timetables as new lines 9 and 2B begin operations

07 Apr 2026

The Mumbai Metropolitan Region Development Authority has revised metro timetables across key corridors to improve travel efficiency and network integration. The changes come with the launch of Metro Line 9, connecting Dahisar East to Kashigaon, and Metro Line 2B Phase 1, linking Mandale to Diamond Garden. These additions expand connectivity to Thane and Harbour Line areas. The updated schedules focus on better frequency, predictable services, and corridor-wise operations. Integration between Line 7 and Line 9 enables direct travel across suburban stretches, while Line 2A now runs independently to improve reliability.Read more

cover photo

Mumbai’s PAP housing shortage slows pace of infrastructure projects

Mumbai News Desk

07 Apr 2026

Mumbai is facing a significant shortage of housing for project-affected persons (PAPs), which is impacting the pace of infrastructure development. The civic body requires nearly 75,000 rehabilitation units but has access to only about 8,000, creating a large gap. Policy tools like TDR have not fully translated into adequate housing supply, while concerns over misuse and delays persist. Authorities are now considering converting SRA transit camps into permanent units and have formed a coordination committee to address the issue and improve execution.Read more

cover photo

South Central Railway plans INR 13,000 crore investment to boost capacity and reduce congestion

07 Apr 2026

South Central Railway has planned a capital outlay of INR 13,026 crore for FY27, marking an 18.3 per cent rise over the previous year. The investment will focus on track doubling, new lines, renewals, and safety works to address rising congestion across key routes. The zone recorded steady progress in FY26 with 194 km of track additions and electrification of 325 km. Ongoing projects, including the third line on a key trunk route, are expected to improve freight and passenger movement and strengthen connectivity across regions.Read more

cover photo

Mumbai’s Elphinstone bridge removed, double-decker connector project to move ahead

07 Apr 2026

Mumbai's Elphinstone Road overbridge, a key link between Parel and Prabhadevi, has been completely demolished to make way for a new double-decker road overbridge. The project is part of a larger plan to expand suburban railway capacity and improve east-west connectivity in central Mumbai. The ageing bridge, which had been shut for redevelopment, was dismantled through carefully planned railway blocks with minimal disruption. The upcoming structure, linked to the Sewri-Worli Elevated Connector, is expected to ease congestion, improve safety, and support growing traffic demand in the area.Read more

cover photo

Over 18 lakh kanals of land remain under encroachment in Jammu and Kashmir as eviction efforts continue

07 Apr 2026

Jammu and Kashmir continues to face large-scale land encroachment, with over 18.38 lakh kanals reported under illegal occupation across state and forest land. While authorities have started eviction drives and recovered a small portion, the overall progress remains limited compared to the total encroached area. District-wise data shows widespread impact across both Jammu and Kashmir divisions. The government is using legal action, joint enforcement drives and technology-based surveys to address the issue, while the High Court continues to monitor the situation through ongoing proceedings.Read more

cover photo

Punjab speeds up urban projects, reintroduces OTS scheme with 50% rebate

07 Apr 2026

The Punjab government is accelerating urban infrastructure development through policy changes, improved services, and large-scale investments. The One Time Settlement (OTS) scheme for Improvement Trusts has been reintroduced until April 30, 2026, offering around 50 per cent rebate on non-construction fees. House tax collection has increased to INR 600 crore, reflecting better compliance. Key projects include construction of over 2,100 km of roads, expansion of sewerage and water infrastructure, and modernisation of fire services. Measures such as a simplified building approval process and a single-window system aim to improve ease of doing business across urban areas.Read more

cover photo