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

Government approves INR 3,566 crore rural road projects in Jammu & Kashmir under PMGSY-IV

02 May 2026

The Union government has approved rural road projects worth INR 3,566 crore in Jammu & Kashmir under PMGSY-IV to improve connectivity in remote areas. The move focuses on linking smaller habitations, including those with low population thresholds in difficult terrain. Alongside this, over INR 4,568 crore has been released to support women’s self-help groups across several states and Union Territories. The decision builds on earlier infrastructure approvals in the region and aims to strengthen rural access, improve mobility, and support local economic activity through better road networks.Read more

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India meets record peak power demand with strong renewable energy contribution

02 May 2026

India recorded its highest-ever peak electricity demand of over 256 GW in the past week and managed to meet it without any shortage. Around one-third of this demand was fulfilled through renewable energy sources such as solar, wind, and hydro. Solar alone contributed over one-fifth of the total power supply during peak hours. The government highlighted ongoing efforts to improve grid systems, increase generation capacity, and strengthen transmission. The performance reflects steady progress in integrating renewable energy into the country’s power mix while maintaining grid stability and supporting electricity exports.Read more

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Ghaziabad proposes 16-km metro corridor linking Vaishali to Delhi via Hindon terminal

Ghaziabad News Desk

02 May 2026

The Ghaziabad Development Authority has proposed a 16-km metro corridor connecting Vaishali to Gokulpuri in Delhi via Hindon Civil Terminal, aiming to improve regional connectivity and provide direct access to the airport facility. The proposal has been sent to the Delhi Metro Rail Corporation for preparation of a detailed project report. The corridor is expected to pass through key residential zones such as Indirapuram and Vasundhara, strengthening multimodal transport integration and supporting urban expansion in Ghaziabad and adjoining NCR regions.Read more

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DDA delays Signature View Apartments demolition pending CBI clearance

02 May 2026

Demolition of Signature View Apartments in Delhi remains delayed as the Delhi Development Authority (DDA) awaits clearance from the Central Bureau of Investigation (CBI), which is probing alleged construction lapses. The project, earlier declared structurally unsafe, has already been vacated and residents shifted with interim rent support. The agency is collecting evidence, including structural samples, before allowing demolition. Alongside the investigation, redevelopment plans are also dependent on a pending Delhi High Court matter related to floor area ratio, keeping timelines uncertain.Read more

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India’s peak power demand reaches 240 GW amid rising temperatures and cooling load

02 May 2026

India’s peak power demand rose to a seasonal high of 240 GW in the past week, driven by rising temperatures and increased use of cooling appliances across residential and commercial segments. Data from the power ministry showed peak demand met at 240.12 GW, marking the highest level so far this summer. The surge follows fluctuating demand trends earlier in the month and comes as heatwave conditions intensify across multiple regions. Experts expect demand to rise further, potentially nearing previous highs recorded in 2023 and 2024. The government has projected peak demand to reach around 270 GW this summer, indicating continued pressure on energy infrastructure.Read more

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Bengaluru real estate growth expected to strengthen across CBD, SBD and peripheral corridors

Bangalore News Desk

02 May 2026

Bengaluru’s real estate market continues to expand, supported by its long-standing technology-driven growth, strong talent base and steady infrastructure development. The city has been ranked among the leading global tech talent hubs, which has helped attract multinational companies, startups and manufacturing firms. Ongoing metro expansion and improved road connectivity have further strengthened access across Central Business District (CBD), Secondary Business District (SBD) and peripheral locations. With multiple metro lines becoming operational in phases and others expected to follow, real estate demand is shifting across office, residential and warehousing segments.Read more

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Near-completion housing projects gain traction as buyers prioritise execution certainty over early-stage pricing

02 May 2026

Residential projects nearing completion are witnessing faster sales as homebuyers increasingly prioritise execution visibility and delivery certainty. Developments that are 80–95% complete are emerging as a preferred segment, offering a balance between pricing advantage and lower risk compared to early-stage launches. The shift reflects sustained concerns over delays despite regulatory oversight, rising ticket sizes, and a growing share of end-users in the market. In high-supply micro-markets such as Greater Noida West and Dwarka Expressway, construction progress and delivery credibility are becoming key differentiators, influencing buying decisions more than pricing or location alone.Read more

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India’s aviation sector set to handle 500 million passengers by 2030, industry sees strong growth ahead

02 May 2026

India’s aviation sector is witnessing steady expansion, with passenger traffic projected to reach around 500 million by 2030 and nearly 1 billion by 2047. Growth is being supported by rising demand, fleet expansion, and over 1,000 aircraft orders. The country is already among the top three domestic aviation markets, with traffic crossing 412 million in 2025. Infrastructure development, including new airports and capacity expansion, continues to keep pace. Industry experts highlighted the need for stronger hub infrastructure, reduced reliance on foreign hubs, and improved policy support to sustain long-term growth and efficiency.Read more

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Haryana proposes mandatory EV charging infrastructure in all new buildings

01 May 2026

The Haryana government has proposed amendments to its building regulations to mandate electric vehicle (EV) charging infrastructure in all new residential and non-residential developments, including group housing, offices, and commercial complexes. The draft changes to the Haryana Building Code, 2017, aim to accelerate EV adoption by ensuring charging availability at the design stage. The proposal also includes provisions such as exemption of EV infrastructure from floor area ratio calculations and defined installation norms. The move aligns with the state’s broader electric mobility strategy and responds to infrastructure gaps affecting EV adoption across urban areas.Read more

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Railways accelerate restoration work on Buxar bridge to strengthen safety

01 May 2026

Railway authorities have stepped up restoration work on an ageing bridge near Buxar station to improve safety and maintain smooth train operations. The structure had been operating under speed restrictions due to its condition. Using a planned mega block, officials deployed additional manpower and machinery to fast-track critical repairs. The work includes structural strengthening, girder replacement, and continuous site monitoring. With rising passenger and freight traffic on this route, the restoration is being carried out on priority to reduce risks and ensure reliable operations with minimal disruption.Read more

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