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

Lucknow’s Anantnagar scheme to allot 498 residential plots through lottery

01 May 2026

Lucknow Development Authority has announced the allotment of 498 residential plots under its Anantnagar housing scheme in Lucknow, to be distributed through a lottery system. The scheme forms part of a larger township development along Mohan Road, designed to accommodate future residential demand with planned infrastructure and amenities. The plots will be offered across multiple size categories, continuing the authority’s phased rollout of the project. The initiative follows earlier phases that witnessed strong applicant interest and is aimed at expanding access to plotted housing in the city’s developing corridors.Read more

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Western Railway’s Ratlam Division generates 35.53 lakh solar units in FY26, cuts power costs by INR 1.84 crore

30 Apr 2026

Western Railway’s Ratlam Division reported solar energy generation of 35.53 lakh units during FY26, resulting in estimated savings of INR 1.84 crore in electricity costs. The division has installed solar power systems with a cumulative capacity of around 3,300 kilowatts across stations, depots, and administrative buildings. The initiative forms part of broader efforts to reduce dependence on conventional energy sources and improve operational efficiency. Officials indicated that the expansion of rooftop solar installations will continue, contributing to cost optimisation as well as environmental objectives, including reduction in carbon emissions across railway infrastructure.Read more

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Nitin Gadkari reviews National Highway projects in Karnataka and Kerala, directs focus on quality and monsoon preparedness

30 Apr 2026

Nitin Gadkari reviewed the progress and maintenance of National Highway projects in Karnataka and Kerala during a meeting held recently in New Delhi. The review covered 7,926 km of highways in Karnataka and 1,513 km across 61 projects in Kerala. The minister emphasised timely execution, adherence to quality standards, and the use of advanced construction technologies. Directions were also issued to ensure preparedness ahead of the monsoon season, including drainage planning and safety measures. The review follows feedback received through media and public platforms, highlighting ongoing monitoring of highway infrastructure across key southern states.Read more

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Ganga Expressway corridor to attract INR 46,660 crore investment as Uttar Pradesh plans manufacturing hubs across 12 districts

30 Apr 2026

The Uttar Pradesh government is planning to develop the Ganga Expressway as an integrated manufacturing and logistics corridor, with investment proposals worth around INR 46,660 crore across 12 districts. The initiative involves setting up industrial nodes along the 594-km expressway connecting Meerut to Prayagraj. Spread across more than 6,500 acres, the planned clusters aim to boost manufacturing, warehousing, and logistics activity while reducing regional disparities. The project is expected to generate employment, improve freight movement, and support industrial expansion, positioning the expressway as a key economic growth spine in the state.Read more

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Karnataka plans 10-year redevelopment of HAL campus into aerospace hub

30 Apr 2026

The Karnataka government has proposed a 10-year plan to redevelop the Hindustan Aeronautics Limited campus in Bengaluru into a large aerospace hub. Spread across about 700 acres, the project aims to integrate defence, civil aviation and space sectors into one ecosystem. The plan includes new infrastructure, a dedicated governance authority and a focus on emerging technologies such as air taxis and autonomous systems. It is currently awaiting central approval as the land falls under defence control. If cleared, the project is expected to generate significant economic activity and create large-scale skilled employment.Read more

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Mumbai–Pune Missing Link project expected to drive real estate activity in Karjat, Lonavala and wider Mumbai 3.0 corridor

30 Apr 2026

The upcoming Missing Link project on the Mumbai–Pune Expressway is expected to enhance connectivity and reduce travel time between the two cities, bringing emerging locations such as Karjat, Neral, and Lonavala into sharper focus for real estate development. The infrastructure upgrade, alongside projects like the Mumbai Trans Harbour Link and Navi Mumbai International Airport, is contributing to the growth of the Mumbai 3.0 region. Developers and industry bodies indicate rising interest in plotted developments, villa projects, and second homes, supported by relatively lower land costs and improving infrastructure in peripheral markets.Read more

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Telangana appoints new board members for Hyderabad Metro takeover from May 1

Hyderabad News Desk

30 Apr 2026

The Telangana government has appointed a new board for Hyderabad Metro Rail Limited (HMRL) as it prepares to take over the metro project from L&T Metro Rail Hyderabad Limited starting May 1. The move follows financial stress faced by the private concessionaire and ongoing discussions with lenders. Senior state officials have been inducted into the board to oversee operations and ensure continuity. The transition is part of the state’s effort to stabilise the metro system, protect public interest, and maintain services without disruption while working on a long-term resolution plan.Read more

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Bihar to develop 11 satellite townships under land pooling model, imposes curbs on land transactions

30 Apr 2026

The Bihar government has approved the development of 11 greenfield satellite townships under a land pooling framework, aimed at enabling planned urban expansion without compulsory land acquisition. The initiative will return 55 per cent of developed land to original landowners while allocating the remainder for infrastructure and public amenities. A temporary ban on land sale, transfer, and construction has been imposed in identified zones to prevent speculative activity. The townships, spread across key cities including Patna, Gaya and Muzaffarpur, are intended to integrate residential, commercial and economic functions while supporting a transition from agrarian to urban-led growth.Read more

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Noida International Airport secures BCAS approval for safety plan ahead of operations launch

30 Apr 2026

Noida International Airport has received approval for its Aerodrome Security Programme from the Bureau of Civil Aviation Security, marking a key regulatory milestone towards the commencement of flight operations. The greenfield airport project in Jewar is now working with airlines and stakeholders to finalise a launch timeline. The approval confirms that required safety and security frameworks are in place, following recent management changes. The development is significant for the National Capital Region, where the airport is expected to support capacity expansion and regional connectivity.Read more

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TCS and Siemens Energy expand collaboration in AI and digital infrastructure

30 Apr 2026

Tata Consultancy Services (TCS) has entered into initial agreements with Siemens Energy AG and Siemens Energy India to strengthen cooperation in IT services, industrial artificial intelligence, data centres, and emerging technology areas. The collaboration focuses on accelerating AI-driven transformation in industrial systems while also supporting the development of sustainable and resilient digital infrastructure. Siemens Energy India will also contribute to TCS’s HyperVault initiative, aimed at meeting rising energy requirements of AI-enabled data centres in India. The partnership brings together engineering capabilities and digital expertise to address evolving infrastructure demands.Read more

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