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

PMC proposes parallel bridge to Rajaram Bridge to ease congestion on Sinhagad Road corridor in Pune

Pune News Desk

26 Apr 2026

The Pune Municipal Corporation (PMC) has proposed constructing a new bridge parallel to the existing Rajaram Bridge to address persistent traffic congestion on Sinhagad Road. The project is currently at the feasibility stage, with consultants to be appointed for design and cost assessment. The bridge is expected to be built on the Swargate-facing side and aims to improve connectivity between Sinhagad Road and Karvenagar. The proposal comes despite recent infrastructure additions, including flyovers and an upcoming river bridge, indicating continued capacity constraints along this high-density urban corridor.Read more

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Bengaluru metro expansion to drive 5–7 msf office demand, up to 40% housing price rise across key corridors

26 Apr 2026

The expansion of Bengaluru’s metro network, particularly the operational Yellow Line and the upcoming Pink Line, is expected to significantly accelerate real estate activity across key micro-markets, according to a report by Colliers India. Improved connectivity across South and Central Bengaluru is likely to drive 5–7 million sq ft of Grade A office demand over the next two years, alongside a similar quantum of new supply. Residential markets are also set to benefit, with property prices in select localities projected to rise by up to 40% by 2027, supported by stronger accessibility and developer activity. Industrial and warehousing demand is expected to see an additional 1–2 million sq ft uptake in clusters linked to these corridors. The report highlights that metro-led infrastructure continues to play a central role in shaping Bengaluru’s urban expansion, strengthening its position as one of India’s most dynamic real estate markets.Read more

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SAEL starts operations of 600 mw solar plant in Kurnool with long-term SECI agreement

26 Apr 2026

SAEL Industries has started operations of a 600 MW solar power plant in Kurnool, Andhra Pradesh, marking a major addition to its renewable energy portfolio. The project is supported by a 25-year power purchase agreement with the Solar Energy Corporation of India, ensuring long-term revenue stability. Built across over 2,400 acres, the plant consists of two 300 MW units developed under subsidiary companies. It is expected to reduce nearly 11 lakh tonnes of carbon emissions annually and uses over 12 lakh TOPCon bifacial modules manufactured in Punjab and Rajasthan. This development follows the company’s earlier 1 GWp Khavda project in Gujarat.Read more

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Ganga Expressway to be launched on April 29 to boost Uttar Pradesh connectivity

26 Apr 2026

The Ganga Expressway, a 594-km access-controlled corridor connecting Meerut to Prayagraj, will be inaugurated on April 29. Developed at an estimated cost of around INR 36,000 crore, the project is expected to significantly reduce travel time and improve regional connectivity across 12 districts. With features such as an emergency airstrip, trauma centres and smart monitoring systems, the expressway is likely to support logistics, industrial activity and real estate growth along its route while strengthening Uttar Pradesh’s expanding expressway network.Read more

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FedEx completes intra-city drone delivery trials in Bengaluru with IIT Madras

26 Apr 2026

FedEx has successfully conducted India’s first intra-city drone delivery trials in Bengaluru in collaboration with IIT Madras. The trials showed that a 53 km road journey taking over an hour could be reduced to a 39–42 km aerial route, cutting delivery time to around 21 minutes. The project was carried out under the FedEx SMART Centre, focusing on improving time-sensitive logistics. The trials also operated within regulated airspace zones with approvals from DGCA, highlighting the growing role of drone technology in building faster and more efficient urban logistics systems.Read more

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Resolven signs 25-year power supply agreement with SECI for 180 MW wind project in Andhra Pradesh

26 Apr 2026

Resolven has entered into a long-term power purchase agreement with Solar Energy Corporation of India for a 180 MW wind energy project in Andhra Pradesh. The project, to be developed by its subsidiary Ganeko Three Energy, is expected to generate around 490 million units of electricity annually at a tariff of INR 3.68 per unit. The output can power about 4.6 lakh households and reduce carbon emissions by nearly 0.4 million tonnes each year. The company continues to expand its renewable portfolio, supported by strong execution capacity and a growing pipeline of projects.Read more

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Corium Italia enters Agra with exclusive furniture showroom launch

26 Apr 2026

Corium Italia has entered the Agra market with the launch of its first showroom in the city at Vilasa Design, marking its continued expansion in India’s premium furniture segment. Originating from Florence, the brand introduced a curated range of contemporary Italian sofas emphasising craftsmanship, material quality and design-led living. The launch event attracted architects, designers and high-net-worth consumers, reflecting growing demand for luxury interiors beyond metro cities. The move aligns with increasing consumer preference for globally inspired home solutions that balance aesthetics, comfort and durability. The expansion into Agra highlights the brand’s strategy to tap emerging markets with rising demand for premium lifestyle and interior products.Read more

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Cabinet clears INR 24,815 crore rail expansion to ease congestion in UP and Andhra Pradesh

26 Apr 2026

The Union Cabinet has approved railway expansion projects worth INR 24,815 crore to improve capacity in Uttar Pradesh and Andhra Pradesh. The projects involve adding around 601 km of railway lines through multi-tracking on two busy corridors. These routes are currently operating beyond capacity, affecting both freight and passenger movement. The expansion is expected to ease congestion, improve logistics efficiency, and support industrial activity. Executed under the PM Gati Shakti plan, the projects are targeted for completion by 2030–31 and are expected to generate employment and improve regional connectivity.Read more

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Savitri Cinema flyover project to begin soon to ease Outer Ring Road congestion

25 Apr 2026

Construction of a second flyover at the Savitri Cinema junction in south Delhi is set to begin soon, aimed at reducing congestion along the busy Outer Ring Road corridor. The project, along with the expansion of the Modi Mill flyover, is part of an integrated plan to enable smoother, signal-free traffic movement between key areas such as Greater Kailash, Nehru Place and Kalkaji. With a combined project cost exceeding INR 350 crore, authorities expect improved traffic flow, reduced travel time and better connectivity once both developments are completed within an estimated timeline of two to two-and-a-half years.Read more

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Inspection of LPS 2.0 survey progresses as Amaravati land pooling gains momentum

25 Apr 2026

The second phase of the Land Pooling Scheme (LPS 2.0) in Amaravati is moving ahead with on-ground inspections and surveys across key villages. Additional Commissioner A. Bhargava Teja reviewed the enjoyment survey process and interacted with farmers, who shared positive feedback on benefits such as annual rent, loan waivers, and rent revisions. Officials confirmed that annual rent payments for LPS 2.0 participants are scheduled to begin from May 2026. The visit also involved senior officials from APCRDA’s land and survey departments, reflecting continued administrative focus on timely execution of the capital city development framework.Read more

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