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%

Location : Bhopal

Bhopal residents seek faster completion of civic amenities in housing colonies

16 Jul 2026

Residents across several housing colonies in Bhopal have urged civic authorities to expedite the completion of long-pending infrastructure works, citing inadequate roads, drainage, streetlights, water supply and sewage facilities despite years of occupancy. Homebuyers and resident welfare associations have called on the Bhopal Municipal Corporation (BMC) and the Bhopal Development Authority (BDA) to strengthen oversight of developers, ensure timely delivery of promised civic amenities and establish clear timelines for pending works. The grievances have highlighted the need for better coordination between developers and government agencies to improve urban infrastructure and enhance the quality of life in the city's growing residential neighbourhoods.Read more

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Afcons completes first viaduct segment erection for Bhopal Metro Blue Line

16 Jul 2026

Afcons Infrastructure Ltd has completed the first segment erection using a launching girder for the elevated Blue Line of the Bhopal Metro project at Piplani Chouraha, marking the start of viaduct construction on the corridor. The engineering milestone relates to the 13-km elevated section extending from Bhadbhada to Ratnagiri, being developed by Madhya Pradesh Metro Rail Corporation Ltd (MPMRCL). Afcons is executing the project under an engineering, procurement and construction (EPC) contract. The commencement of segment erection is expected to facilitate faster progress of viaduct construction on the corridor, which forms part of the Bhopal Metro network aimed at improving urban public transport connectivity in the Madhya Pradesh capital.Read more

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Cabinet nod delay stalls INR 1,618 crore Bhopal–Vidisha highway project

09 Jul 2026

The proposed INR 1,618 crore Bhopal–Vidisha four-lane highway project has remained stalled for more than eight months, despite receiving clearance from the State Level Empowered Committee (SLEC), as it continues to await approval from the Madhya Pradesh Cabinet. The 45-km project aims to widen State Highway-18, improving connectivity between Bhopal, Vidisha and the UNESCO World Heritage Site of Sanchi, while reducing travel time and easing congestion. The prolonged delay has affected commuters, tourism and regional development, with road users continuing to rely on longer alternative routes.Read more

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NGT probes encroachments at Bhopal’s Shahpura Lake

26 Apr 2026

The National Green Tribunal has initiated an investigation into alleged encroachments and environmental degradation at Shahpura Lake in Bhopal, following a petition highlighting illegal construction, sewage discharge and obstruction of natural drainage. A joint committee comprising multiple government agencies has been tasked with inspecting the site and submitting findings within six weeks. The case underscores growing regulatory scrutiny over urban water bodies, where rapid development has led to violations of wetland norms. Authorities are expected to assess environmental damage, compliance gaps and necessary corrective measures, with the next hearing scheduled in the coming months.Read more

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Bhopal Metro plans traffic overhaul at key station zones to ease congestion and improve access

25 Apr 2026

Authorities are preparing a comprehensive traffic management overhaul around key Bhopal Metro station zones to address congestion and improve last-mile connectivity. The plan targets high-density corridors across the Orange and Blue lines, including MP Nagar, Jawahar Chowk and Nadra Bus Stand, where metro construction and limited road capacity have disrupted traffic flow. Measures include road widening, signal optimisation, pedestrian infrastructure upgrades and designated drop-off zones. With funding of around INR 30 crore proposed for road works, the initiative aims to integrate metro operations with city traffic systems and improve commuter movement across key transit nodes.Read more

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Bhopal civic budget keeps taxes steady, increases sewage charges and expands water infrastructure

28 Mar 2026

Bhopal Municipal Corporation has presented a budget of about INR 3,938 crore for FY 2026-27, keeping property tax and water charges unchanged while increasing sewage fees. The budget focuses strongly on improving water supply and sewage infrastructure, with major investments in pipelines, treatment facilities and household tap connections. Projects under AMRUT 2.0 continue to drive expansion. Despite the relief on taxes, the civic body has projected a deficit of around INR 108 crore, reflecting financial pressure amid rising infrastructure needs and growing urban demand.Read more

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Bhopal Metro begins underground tunnelling as TBMs start excavation

12 Mar 2026

Bhopal Metro's Orange Line has entered its underground construction phase with tunnel boring machines (TBMs) positioned for excavation. Spanning nearly 15 kilometers from Karond intersection to AIIMS Bhopal, the line combines elevated and subterranean sections. Work is focused near high-density urban areas including Bhopal Railway Station, Nadra Bus Stand, and Pul Bogda, where precise tunnelling is required. Officials expect the twin tunnels to be completed in the coming months. This development follows the opening of the elevated Subhash Nagar AIIMS stretch and is part of a larger two-line metro plan to improve connectivity and reduce congestion.Read more

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Master plans for Bhopal and Indore put on hold pending metropolitan region framework

09 Mar 2026

The proposed master plans for Bhopal and Indore have been placed on hold as the Madhya Pradesh government moves to finalise broader metropolitan region planning under the newly enacted Madhya Pradesh Metropolitan Region Planning and Development Act, 2025, a senior minister informed the state assembly in the past week. Although draft master plans for both cities were completed about 18 months ago, they may be reworked to align with regional strategies envisaged for the two metropolitan clusters, which include surrounding districts such as Ujjain, Dewas and Dhar for Indore and Sehore, Raisen and Vidisha for Bhopal. The pause reflects a policy shift towards integrated regional planning and comes amid concerns that outdated or delayed planning frameworks have hindered urban development and investment confidence in the state's largest cities. Officials indicated that specialised metropolitan planning committees and authorities will now prepare cohesive, area-specific development plans.Read more

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Bhopal’s Lakeview Residency to be demolished and redeveloped as five-star hotel under PPP

19 Feb 2026

A prominent hotel property in Bhopal the MPT Lake View Residency Hotel on Shyamla Hills overlooking the Upper Lake is set to be demolished and redeveloped into a modern five-star hotel with a convention centre under a public-private partnership (PPP) model. The Madhya Pradesh Tourism (MPT) Corporation has awarded redevelopment rights to a consortium led by Genex Hotels Pvt Ltd, Dilip Buildcon Ltd and Indian Hotels Company Ltd (IHCL), which will form a special purpose vehicle to design, build, finance and operate the new facility over a long-term concession. Plans include a luxury hotel with approximately 150 rooms and extensive event space aimed at boosting Bhopal's tourism appeal and positioning the city as a meetings, incentives, conferences and exhibitions (MICE) destination. The project is expected to be completed within about three years.Read more

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NGT investigates pollution complaints from Tulsi Tower residents in Bhopal

03 Feb 2026

The National Green Tribunal (NGT) has ordered a detailed investigation into pollution complaints from residents of Tulsi Tower in Shivaji Nagar, Bhopal, linked to the nearby Tulsi Green construction project. Residents have reported excessive dust, noise at night, open dumping of construction materials, and untreated wastewater affecting health and living conditions. The NGT has constituted a joint committee and asked the Madhya Pradesh government, the developer, and the MP Pollution Control Board to submit responses within four weeks. The next hearing is scheduled for late February.Read more

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Bhopal metro ridership drops sharply after new timetable reduces trips

12 Jan 2026

Bhopal Metro's Orange Line corridor has seen a notable drop in passenger numbers after the operator revised its schedule earlier this week. The new timetable delayed the first service to noon, reduced daily trips from 17 to 13, and fixed a frequency of 75 minutes between trains. On the first day under this plan, only 434 passengers boarded, down from an initial daily average of around 2,800. Metro authorities said the change aligns services with actual demand, but limited hours and fewer trips have clearly affected commuter convenience and ridership trends.Read more

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Delayed SCADA project raises concerns over water safety in Bhopal

Visakhapatnam News Desk

11 Jan 2026

Bhopal's SCADA-based water monitoring project, planned under the Smart City programme, continues to fall short of its objective of real-time water quality and distribution monitoring. Despite most overhead tanks being connected, the system's first phase remains incomplete, limiting its ability to detect contamination or supply disruptions. The recent drinking water crisis in Indore has brought renewed focus on these gaps. Past audits and studies had already flagged weaknesses in urban water testing and infrastructure, issues that remain unresolved in Bhopal's water management system.Read more

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Bhopal Metro to start with physical tokens before shifting to cashless travel

14 Dec 2025

The Bhopal Metro will launch its first phase using physical tokens for ticketing, with passengers buying tokens at station counters and tapping them at entry gates. The initial 7 km stretch includes eight stations, while the full 16 km corridor from Karond to AIIMS Bhopal will open in stages. Once complete, a Common Mobility Card will allow cashless travel on the metro and city buses through UPI. Fares are expected to range between INR 10 and INR 20. Coaches will include reserved seating for women and people with disabilities. Staff will assist commuters during the rollout, ensuring smooth travel as the system transitions toward integrated digital mobility.Read more

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Bhopal Metro launch triggers extensive anti-encroachment drive by BMC

09 Dec 2025

Ahead of the Bhopal Metro launch, the BMC conducted a large-scale anti-encroachment drive, targeting illegal shops, street stalls, and obstructive structures across multiple localities. Items seized included carts, stools, tables, signboards, lights, and iron frames. The drive focused on areas along the metro route, including the AIIMS approach road, Ashoka Garden, Jawahar Chowk, Bhadbhada Road, and Hamidia Road, aiming to improve pedestrian movement and traffic flow. This operation is part of a series of enforcement actions by BMC over the past year to maintain clear public spaces and support metro development.Read more

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Bhopal Metro to start operations on Dec 13 with a week of free rides

06 Dec 2025

The Bhopal Metro is set to begin operations on December 13, starting with the Subhash Nagar to AIIMS corridor. Prime Minister Narendra Modi will flag off the service, followed by a week of free rides for residents. The metro has received all required regulatory approvals, and fares will start from INR?10 after the free period. Trains will run from 8?AM to 8?PM, initially with two three-coach trains. The design emphasizes accessibility, including braille-enabled coaches and seating for differently-abled passengers, providing a safe, fast, and modern commuting option.Read more

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Resset Group acquires 3-acre South Bopal land for premium mixed-use project

27 Oct 2025

In a significant development for Ahmedabad's real estate sector, Resset Group has acquired a 3-acre prime land parcel in South Bopal through its Special Purpose Vehicle (SPV) for approximately INR 42 crore, with an additional INR 2.5 crore paid in stamp duty. The site, located near the proposed Olympic 2036 Village, is set to house a premium residential and retail project offering 2 and 3 BHK units. The development will feature contemporary designs, sustainable architecture, and a Singapore-inspired landscape by Studio Black Smith, reinforcing Resset's focus on innovation and community-centric planning.Read more

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Bhopal Metro nears operational launch as final safety inspections progress

21 Oct 2025

Bhopal Metro is entering its final phase before starting public operations, with the Commissioner of Metro Rail Safety (CMRS) conducting final inspections on the priority corridor. The focus is on eight key stations linking Subhash Nagar Depot to AIIMS Bhopal. Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) has completed most infrastructure work and is now finalizing safety systems, passenger amenities, and aesthetic enhancements. Once the CMRS approvals are obtained, the metro is set to provide a modern, efficient urban transport option, enhancing connectivity across the city.Read more

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Bhopal Metro to begin operations next month with noise-free technology

09 Oct 2025

Bhopal Metro is set to launch its priority corridor from AIIMS to Subhash Nagar Depot next month, spanning 7.5 km with eight stations and speeds up to 80 km/h. The project incorporates advanced noise and vibration reduction measures, including rubber padding under tracks, acrylic barriers, foam-insulated track-switch mechanisms, and vibration-reduction mats. Trains will slow near sensitive zones, and depot equipment will remain quiet within "pack houses." MPMRCL plans to invest INR 1.2 crore to assess these initiatives, while inspections by the Commissioner of Metro Rail Safety are underway to approve passenger services.Read more

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Landowners along Bhopal Metro route choose quick compensation scheme

17 Sep 2025

Land acquisition for Bhopal Metro's Orange Line is gaining pace as more landowners opt for the Mutual Purchase Policy under Madhya Pradesh's Aapsi Kharid Niti - 2014. So far, 40 property owners have consented, ensuring compensation within two months and avoiding lengthy acquisition disputes. Owners of structures will be reimbursed for buildings, while landholders will receive double the collectorate rate. In areas where consent hasn't been given, acquisition is moving forward through the Sub-Divisional Magistrate, with objection periods now closing. With three acquisition notifications issued and final surveys planned, the project is advancing smoothly, signalling reduced resistance and steady progress for metro development.Read more

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SEBI boosts municipal bond awareness with outreach programme in Bhopal

04 Sep 2025

SEBI conducted a Municipal Bond Outreach Programme in Bhopal to guide Urban Local Bodies on using municipal bonds for financing urban infrastructure. The sessions covered investor expectations, regulatory requirements, and procedures for issuing bonds. SEBI also highlighted its e-learning course on municipal bonds developed with the World Bank. Madhya Pradesh officials stressed the need for strong financial management, revenue-focused projects, and staff training. Following a similar programme in Thiruvananthapuram, SEBI continues to support ULBs in adopting municipal bonds as a reliable funding tool for urban development.Read more

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