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

Water shortage disrupts residential and IT hub operations in Kazhakkoottam and Technopark, Thiruvananthapuram

09 May 2026

A severe water shortage has affected residential areas and key IT infrastructure in Thiruvananthapuram, particularly in Kazhakkoottam and the Technopark region. The disruption, reported in the past week, has impacted thousands of residents and employees, with tanker supplies being arranged to mitigate the shortfall. Authorities attributed the crisis to reduced water levels at key supply sources and infrastructure constraints. IT firms operating in the Technopark area have also faced operational challenges due to inconsistent water availability. The situation has highlighted infrastructure stress in rapidly urbanising micro-markets, where residential and commercial demand has grown significantly in recent years.Read more

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Centre advances highway expansion in Maharashtra through new BOT projects to attract private investment

09 May 2026

The Union government has accelerated highway development in Maharashtra by awarding multiple road projects under the build-operate-transfer (BOT) model, aimed at increasing private sector participation in infrastructure delivery. The initiative, led by Nitin Gadkari, seeks to revive BOT-based project structuring amid improved traffic visibility and financial viability. Several highway stretches across the state are being taken up under this framework, with developers expected to invest, construct, and operate the assets over a concession period. The move forms part of a broader strategy to diversify funding sources and accelerate project execution in the national highways sector.Read more

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Rays Power Infra commissions 1.1 GW solar capacity in FY26, expands portfolio beyond 2.4 GWp

09 May 2026

Rays Power Infra Pvt. Ltd. has commissioned 1.1 GW of solar capacity during FY26 across Karnataka, Rajasthan and Gujarat, marking its highest annual execution to date. The addition has taken its cumulative commissioned portfolio beyond 2.4 GWp. The company is expanding its EPC order book and independent power producer portfolio while exploring hybrid renewable solutions, battery storage and green hydrogen. The milestone comes amid India’s push towards 500 GW non-fossil fuel capacity, with integrated developers scaling execution and diversifying across renewable segments.Read more

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L&T secures INR 10,000–15,000 crore mega order from JSW Steel for capacity expansion projects

09 May 2026

Larsen & Toubro has secured a ‘mega’ domestic order valued between INR 10,000 crore and INR 15,000 crore from JSW Steel for engineering, procurement and construction works. The contract involves installation of key process facilities, including blast furnaces and steel melt shops, across sites in Ballari, Karnataka and Paradip, Odisha. The order supports JSW Steel’s plan to expand its crude steel capacity from 35 million tonnes per annum to over 50 MTPA by 2031. The development marks L&T’s largest order in the domestic metals segment.Read more

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Infrastructure expansion and employment growth drive West Chennai’s emergence as Chennai’s next residential growth corridor

09 May 2026

West Chennai is witnessing a significant transformation as infrastructure upgrades, industrial expansion and institutional development reshape the city’s residential landscape. Micro-markets such as Thirumazhisai are emerging as major housing destinations, supported by improved connectivity through the Chennai-Bengaluru Highway, Outer Ring Road and the upcoming Metro Phase 2 network. Residential sales in Chennai rose 9% year-on-year during the first quarter of 2026, while office leasing volumes climbed 60%, driven largely by Global Capability Centres. The corridor’s proximity to the Sriperumbudur manufacturing belt, combined with the proposed greenfield airport and the upcoming Tamil Nadu Knowledge City project, has strengthened investor and homebuyer interest. Rising land and apartment prices in Thirumazhisai reflect increasing confidence in the area’s long-term growth potential and its evolving role within Chennai’s expanding urban structure.Read more

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Ayodhya master plan phase II notified covering 766 sq km across three districts to guide urban expansion

09 May 2026

The second phase of the Ayodhya Master Plan has been formally notified, expanding the development area to around 766 sq km across Ayodhya, Basti and Gonda districts. The plan incorporates over 350 villages and introduces a structured land-use framework covering residential, commercial, industrial and transport zones. It is designed to guide long-term urban expansion, infrastructure development and tourism-led growth in the region. The notified framework includes provisions for highway-linked commercial activity, rural expansion zones and preservation of natural assets. The development aligns with broader efforts to position Ayodhya as a major religious and tourism centre while managing rapid urbanisation.Read more

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RailTel secures INR 497 crore intelligent transport system project in Karnataka to support smart mobility

09 May 2026

RailTel Corporation of India has secured an order worth INR 497 crore for implementing an intelligent transport system (ITS) in Karnataka. The project involves deploying advanced traffic management technologies aimed at improving road safety, reducing congestion and enhancing urban mobility. The scope includes installation of surveillance systems, traffic monitoring tools and integrated command infrastructure. The initiative forms part of broader efforts by state authorities to adopt technology-led solutions for transport management. The project is expected to contribute to improved traffic efficiency and support infrastructure planning across key urban corridors in Karnataka.Read more

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GNIDA to deploy 15 electric buses on feeder routes connecting Greater Noida to upcoming Noida International Airport

Noida News Desk

08 May 2026

The Greater Noida Industrial Development Authority (GNIDA) has approved the deployment of 15 electric buses to improve last-mile connectivity to the upcoming Noida International Airport. The initiative, announced in the past week, will be implemented as a six-month pilot across four routes linking key residential and commercial hubs in Greater Noida. Operated by the Uttar Pradesh State Road Transport Corporation, the service is estimated to cost around INR 1.8 crore. The buses will run at intervals of 30–60 minutes, with frequency adjustments based on ridership. The move is aimed at supporting passenger movement ahead of the airport’s operational rollout and strengthening sustainable urban mobility infrastructure in the region.Read more

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Hancock Bridge reconstruction in Mumbai remains incomplete after a decade as BMC accelerates approach road works

08 May 2026

The reconstruction of Hancock Bridge in Mazgaon, Mumbai, has remained incomplete for nearly a decade after the original structure was demolished, with key approach roads still pending. The Brihanmumbai Municipal Corporation has recently moved to resolve long-standing hurdles, including land acquisition and utility clearances, to fast-track the remaining work. While the main bridge structure has largely been built, the absence of functional access roads has rendered it unusable. Civic officials indicated that coordinated efforts are underway to complete the project, which is critical for easing connectivity between Mazgaon and surrounding areas, including Byculla and Dockyard Road. The prolonged delay has raised concerns over infrastructure execution and project coordination within the city.Read more

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Airoli–Katai Naka corridor nears completion to improve connectivity across MMR

08 May 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed Phase II of the Airoli–Katai Naka corridor, while Phase I is in the final stage of execution. The high-speed corridor is expected to improve travel between Navi Mumbai, Thane, Kalyan-Dombivli and Badlapur by reducing congestion and cutting travel time by up to 45 minutes after full completion. The project includes twin tunnels, elevated roads, advanced tunnel safety systems and multiple access ramps. Officials said the corridor will support smoother regional movement, improve logistics connectivity and strengthen links between residential, industrial and commercial hubs across the Mumbai Metropolitan Region.Read more

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