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%

Infrastructure News

NMMC approves INR 24.43 crore for water supply and sewage infrastructure in Navi Mumbai

30 minutes ago

The Navi Mumbai Municipal Corporation (NMMC) has approved four proposals worth a combined INR 24.43 crore for improvements to water distribution and sewage treatment infrastructure across the city. The decisions were taken unanimously at the corporation’s second general body meeting for August, chaired by Mayor Sujata Patil. The approved works include upgrading the water distribution network in Nerul village and its gaothan expansion area, replacing unsafe water reservoirs in Siddharth Nagar, Ghansoli, and installing new equipment and a sludge hygienisation plant at sewage treatment facilities in Belapur and Ghansoli. The projects are aimed at addressing low and uneven water pressure, ageing infrastructure, sewage treatment requirements, equipment efficiency and electricity consumption. Several of the sewage-related works will be funded through incentive grants received under the Union government’s ‘Jal Hi Amrut’ initiative.Read more

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Navi Mumbai civic body plans plastic-free Ganeshotsav with over 150 artificial immersion ponds

30 Aug 2026

The Navi Mumbai Municipal Corporation (NMMC) has begun preparations for the 2026 Ganeshotsav, with the civic administration urging residents and Ganesh mandals to adopt environment-friendly and plastic-free celebrations. A coordination meeting involving the civic body, police, other authorities and representatives of more than 75 Ganesh mandals was held at the NMMC headquarters ahead of the festival, which begins on September 14. The administration has outlined measures covering traffic, parking, road repairs, immersion routes, water conservation, waste segregation and public safety. More than 150 artificial immersion ponds are being created, while a single-window system will facilitate permissions for public celebrations without charging mandals any permission fee. The civic body will also organise the Navi Mumbai Mayor Ganesh Darshan Competition 2026, including categories encouraging smaller idols and household celebrations.Read more

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Connectivity, GCC demand and catchments emerge as key drivers for NCR commercial real estate in H2 2026

30 Aug 2026

India’s commercial real estate market is entering the second half of 2026 with connectivity, infrastructure, quality, flexibility and value increasingly influencing occupier and investor decisions. GCCs accounted for 43% of office leasing across major Indian cities during the first half of the year, while the country’s office stock crossed 1 billion sq ft. In Delhi NCR, infrastructure upgrades, expanding residential catchments and new employment opportunities are supporting demand for offices and organised retail. Industry leaders expect mixed-use developments, experiential retail and integrated commercial destinations to gain importance, with occupiers prioritising accessibility and consumer ecosystems and investors focusing increasingly on sustainable, demand-backed assets.Read more

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Jaipur police maps 101 highway black spots for Google Maps safety alerts

30 Aug 2026

Jaipur Range Police has identified 101 accident-prone black spots across national and state highways and digitally mapped them for integration with Google Maps under its Operation Safer Road initiative. The locations were identified using road accident and fatality data collected over the past three years, with motorists set to receive alerts when approaching high-risk stretches. The initiative covers areas including Jaipur Rural, Dausa, Kotputli-Behror, Alwar, Sikar and Bhiwadi. Police are also seeking to expand the system across Rajasthan and eventually to other parts of the country.Read more

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ArMee Infotech secures INR 741 crore solar EPC orders in Rajasthan

30 Aug 2026

ArMee Infotech has received two Letters of Award worth INR 740.97 crore, including GST, from Bondada Engineering for executing Balance of System packages for a 600 MW AC solar power project at Fatehgarh in Rajasthan. The contracts cover engineering, procurement, manufacturing, installation, testing and commissioning, along with three years of operation and maintenance. The awards strengthen the company’s renewable energy order book as it prepares for its proposed stock market listing.Read more

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ACME Solar raises INR 1,571 crore from IIFCL for Rajasthan power project

30 Aug 2026

ACME Solar Holdings has secured INR 1,571 crore in project financing from India Infrastructure Finance Company Ltd (IIFCL) for developing its 300 MW ACME Renewtech Sixth assured peak power project in Rajasthan. The financing marks IIFCL’s first sole greenfield funding for ACME, with the lender providing the entire project debt over a 19-year repayment period. The project has a 25-year power purchase agreement with SECI at a tariff of INR 6.28 per unit. The latest funding takes ACME Solar’s total financing secured during the current financial year to INR 10,976 crore.Read more

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Madurai-Theni bypass reaches 94% completion, opening expected this year

30 Aug 2026

The 3.5-km four-lane Achampathu-Virattipathu bypass on NH-85 has reached 94% completion, with the remaining work being expedited and the road expected to open later this year. The INR 239 crore project, whose cost was subsequently revised to INR 260 crore, will bypass the existing road through Virattipathu and Achampathu and improve movement towards Usilampatti, Andipatti, Theni and Bodinayakanur. The project is also expected to support the movement of agricultural produce, including vegetables, fruits and spices, while reducing inter-district traffic through the Achampathu corridor.Read more

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India plans 100 new merchant ships in five years to cut USD 75 billion freight bill

30 Aug 2026

India plans to add 100 vessels to its merchant fleet over the next five years as it seeks to reduce dependence on foreign shipping lines and lower its annual freight outgo of around USD 75 billion. Shipping Minister Sarbananda Sonowal announced the plan at the National Shipping Board’s first Sagar Samvad, which also outlined a five-point roadmap covering fiscal reforms, assured cargo support, competitive financing, regulatory changes and ease of doing business. The move is part of India’s wider efforts to strengthen domestic shipping, shipbuilding and maritime employment under its long-term maritime development plans.Read more

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India's air cargo demand gains momentum as exports and e-commerce drive volumes

30 Aug 2026

India's air cargo sector is gaining momentum as stronger exports, cross-border e-commerce and evolving supply chains increase demand for faster freight movement. International shipments are emerging as an important growth segment, while policy changes and investments in airport cargo infrastructure are improving the efficiency of air freight operations. The expansion is creating opportunities for airlines, freight forwarders, warehousing companies and logistics providers. Rising demand from sectors such as electronics, pharmaceuticals, perishables and high-value goods is also strengthening India's position as an increasingly important hub for time-sensitive and international cargo.Read more

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Bengaluru’s B-Khata conversion drive sees muted response despite fee cut

29 Aug 2026

Karnataka’s Bhoo Guarantee initiative has received a muted response from Bengaluru property owners despite a temporary reduction in the fee for converting B-Khata properties into A-Khata. Of nearly 8.5 lakh identified B-Khata properties, only a small proportion applied for conversion during the concession period. The Greater Bengaluru Authority had reduced the conversion charge from 5% to 2% of the guidance value in an effort to encourage participation, but property owners cited the overall cost of regularisation and limited immediate benefits as key concerns. The weak response has also affected civic bodies’ revenue expectations.Read more

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