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

Home department considers Deonar slum-cleared land for prison project

23 Apr 2026

The Maharashtra home department has been evaluating a recently cleared slum land parcel in Deonar, Mumbai, for developing a new prison facility. The land, which has been freed after rehabilitation and related redevelopment activity, is being studied as a possible site for the city’s third jail due to increasing pressure on existing correctional facilities. The proposal comes amid earlier challenges in identifying suitable urban land, including issues related to marshy terrain, transport connectivity, and CRZ restrictions at alternative locations. The plan is still at the consideration stage, with multiple departments reviewing feasibility and land reservation requirements.Read more

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Pune Metro makes NOC mandatory for construction near tunnels for safety compliance

23 Apr 2026

Maha Metro has made it mandatory to obtain a No Objection Certificate before starting any construction, excavation, or utility-related work within 20 metres of Pune Metro tunnels and viaducts. The decision has been taken after recent incidents of unauthorised digging that led to structural damage near metro infrastructure. The rule applies to builders, developers, housing societies, and government agencies. Activities such as borewell drilling, foundation work, and laying of utility lines are included. Authorities have warned of strict legal action and recovery of damages for violations.Read more

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Air India to retrofit 8 Boeing 787-8 aircraft in 2026

23 Apr 2026

Air India plans to complete retrofitting of eight legacy Boeing 787-8 aircraft within the current year as part of its fleet modernisation programme. The airline has already inducted its first upgraded aircraft, featuring a three-class configuration with business, premium economy and economy seating. The retrofit programme covers 26 legacy Boeing 787-8 planes, forming a key part of Air India’s long-haul operations. The airline expects to complete 85 per cent of the upgrades by 2027, with full completion targeted by early 2028. The initiative is part of the Tata Group-owned carrier’s broader transformation strategy to improve customer experience and operational efficiency.Read more

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Adani Enterprises forms 3 airport city units for real estate, hotel projects

23 Apr 2026

Adani Enterprises Limited has incorporated three wholly owned subsidiaries through its step-down unit Adani Airport City Limited to drive real estate and hospitality development across key airport locations. The new entities—Adani Navi Mumbai Airport City, Adani Guwahati Airport City and Adani Ahmedabad Airport City—will undertake construction and operate hotels with integrated facilities such as restaurants, banquets and business centres. Each entity has been set up with a paid-up capital of INR 10 lakh. The move aligns with the group’s broader airport city expansion strategy and its planned USD 15 billion investment to scale airport infrastructure and associated developments.Read more

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Haryana explores Glydways pod taxi system to ease urban congestion

23 Apr 2026

Haryana is evaluating the introduction of the Glydways pod taxi system to improve urban transport in high-density cities. The proposal was discussed with Suzuki Motor Corporation and Glydways, focusing on feasibility, route planning, and funding through a PPP model. Gurugram has been identified as a likely starting point due to rising congestion. The system uses small, driverless pods on dedicated tracks and is expected to reduce travel time and emissions. The plan also aligns with the central government's Urban Challenge Fund aimed at supporting innovative mobility solutions.Read more

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Pune corporators push for metro expansion to Pirangut, Dehu Road and Alandi Road

Pune News Desk

23 Apr 2026

Pune's metro expansion plans have received fresh proposals from corporators seeking better connectivity across emerging residential and industrial areas. Suggestions include extending the Vanaz Chandni Chowk line to Pirangut, developing a new Katraj Dehu Road corridor, and expanding the Yerawada route towards Vishrantwadi, Alandi Road and Lohegaon airport. These proposals were placed before the civic committee for review. The move builds on ongoing and previously approved metro expansions, reflecting growing demand for improved public transport in fast-developing peripheral areas of the city.Read more

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Three underpasses at Mukarba Chowk near completion to ease key traffic congestion

22 Apr 2026

The construction of three underpasses at Mukarba Chowk in north Delhi is nearing completion and is expected to open soon, aiming to ease congestion at one of the city's busiest intersections. The project includes two vehicular underpasses and one for pedestrians and non-motorised users, improving connectivity between Rohini, Badli, Azadpur and Jahangirpuri. Designed to handle around 15,800 vehicles daily, the project is expected to reduce travel time by up to 10 minutes. It will also help lower fuel consumption and emissions while improving pedestrian safety and traffic flow on the Outer Ring Road.Read more

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Atal Setu–Mumbai–Pune link sees steady progress with key structural work nearing completion

22 Apr 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has made steady progress on the 7.35 km Atal Setu–Mumbai–Pune Expressway connector, completing a significant portion of its foundation and structural work. The project is designed to provide direct, signal-free connectivity between Mumbai and Pune while improving access to Navi Mumbai and the upcoming Navi Mumbai International Airport. Once operational, the corridor is expected to reduce travel time, improve logistics movement, and support regional growth under the Mumbai 3.0 vision, while also easing congestion in the island city through better infrastructure distribution.Read more

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INR 90,000 crore urban challenge fund to drive city infrastructure upgrades

22 Apr 2026

The central government has operationalised the Urban Challenge Fund with a total outlay of INR 1 lakh crore, allocating INR 90,000 crore for city infrastructure projects. The scheme will support redevelopment of older urban areas, market upgrades, and mobility improvements. Unlike earlier programmes, it will provide limited central funding while pushing cities to raise a majority of funds through market sources like municipal bonds and PPPs. With additional provisions for project preparation and credit support, the initiative is aimed at improving infrastructure quality and financial capacity, especially in Tier-II and Tier-III cities.Read more

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Ahmedabad real estate hit by material shortage and labour crunch, slowing project execution

Ahmedabad News Desk

22 Apr 2026

Ahmedabad’s real estate sector is currently facing operational pressure due to shortages of key construction materials and a declining availability of labour. Developers have reported disruption in project execution as items like aluminium pipes, CPVC products, ceramics, and electrical fittings are not consistently available in the market. Along with supply issues, unstable pricing is affecting budgeting and cost planning. At the same time, a shortage of skilled and semi-skilled workers is slowing construction activity, leading to delays in project timelines and added strain on margins across ongoing developments in the city.Read more

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