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 : Patna

Patna’s proposed Patliputra Greenfield township to have 651-acre sports hub

7 hours ago

Patna’s proposed Patliputra Greenfield township is set to include a 651-acre sports hub, adding a large dedicated recreational and sporting zone to the planned urban development. The sports component is expected to form a major part of the township’s overall land-use framework and could accommodate multiple sporting facilities and associated infrastructure. The proposed township is being planned as a new urban extension of Patna, with the sports hub intended to support organised sports, recreation and related activities while contributing to the development of a larger planned urban district.Read more

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Visakhapatnam Port gets INR 334.89 crore flyover approval to ease cargo movement

14 Aug 2026

The Ministry of Ports, Shipping and Waterways has approved an INR 334.89-crore internal flyover at Visakhapatnam Port Authority to improve cargo evacuation and reduce congestion within the port premises. The 3.584-km elevated corridor will connect Convent Junction with the Dock Area and separate road traffic from rail movement. The project is intended to address delays caused by frequent closures at nine railway level crossings, where gates close around 18 times a day due to train movements. The corridor will also reduce vehicle waiting time, fuel consumption and operating costs while improving movement inside the port.Read more

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Andhra Pradesh clears pilot slum redevelopment project in Visakhapatnam

Visakhapatnam News Desk

12 Aug 2026

The Andhra Pradesh government has approved the redevelopment of the Velampeta slum in Visakhapatnam under the Visakhapatnam Economic Region programme, clearing the way for the state’s first major integrated in-situ slum redevelopment project under the initiative. The Greater Visakhapatnam Municipal Corporation will implement the project on a Design, Build, Finance and Transfer basis, with 177 housing units planned on a 1,986.45 sq m site. The project will use transferable development rights to make redevelopment financially viable and is intended to serve as a pilot for similar projects elsewhere.Read more

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Patna builder arrested in alleged property fraud cases involving over INR 5 crore

Patna News Desk

10 Aug 2026

Patna Police have arrested builder Bhushan Singh in connection with five alleged cheating cases involving property transactions worth more than INR 5 crore. Singh, associated with Green Housing Society, is accused of accepting payments from multiple people after promising to provide land but allegedly failing to complete the transactions or return the money. The cases were registered at Shri Krishnapuri police station following separate complaints. Police said Singh had been asked several times to join the investigation but did not cooperate, leading investigators to obtain an arrest warrant from the court.Read more

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Patna High Court seeks reports on highway tree plantation and conservation in Bihar

Patna News Desk

08 Aug 2026

The Patna High Court has directed the Bihar government and the National Highways Authority of India (NHAI) to submit detailed reports on the plantation, maintenance and conservation of trees along national highways in the state. The court sought information on measures taken to ensure compensatory plantation, survival of saplings and protection of roadside greenery during highway development. The directions came while hearing a public interest matter concerning environmental protection, highlighting the need to balance expanding road infrastructure with ecological conservation and sustainable development.Read more

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GVMC, Moscow sign cooperation pact to advance smart mobility and urban development in Visakhapatnam

Visakhapatnam News Desk

07 Aug 2026

The Greater Visakhapatnam Municipal Corporation (GVMC) has signed a cooperation agreement with the Government of Moscow to strengthen collaboration in smart mobility, digital governance and urban development. The partnership aims to facilitate the exchange of expertise and best practices in intelligent transport systems, public services, digital technologies and sustainable city planning. The agreement is expected to support Visakhapatnam's ongoing transformation into a technology-driven urban centre while fostering international cooperation in municipal governance and smart city initiatives.Read more

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Patna launches citywide drive to bring all apartments under property tax network

02 Aug 2026

The Patna Municipal Corporation (PMC) has launched a citywide verification drive to ensure that all apartment units are brought under the property tax system. The initiative aims to identify unassessed flats, update municipal records and improve tax compliance as part of efforts to strengthen urban revenue collection. Officials believe comprehensive property mapping will help expand the tax base, improve civic administration and generate additional resources for infrastructure and public service delivery.Read more

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Andhra Pradesh approves revised VMR Master Plan 2041 to guide Visakhapatnam's future growth

Visakhapatnam News Desk

17 Jul 2026

The Andhra Pradesh government has approved the revised Visakhapatnam Metropolitan Region (VMR) Master Plan 2041, providing a long-term framework for urban expansion, infrastructure development and land use across the region. The plan aims to transform Visakhapatnam into a globally competitive metropolitan hub through improved transport networks, planned urbanisation, industrial growth and sustainable development. It also integrates key infrastructure projects, including Bhogapuram International Airport and proposed metro corridors, to support future economic and population growth.Read more

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Patna Metro's Malahi Pakri extension will open to commuters on July 2

Patna News Desk

02 Jul 2026

The Patna Metro will extend passenger services up to Malahi Pakri station from July 2, marking the next milestone in Bihar's urban transit project. The newly commissioned stretch has received the necessary safety clearances and is expected to improve connectivity in eastern Patna while reducing travel time for daily commuters. The state government has also directed officials to implement comprehensive traffic management measures around the corridor ahead of the launch. The extension is expected to enhance public transport accessibility and support the city's expanding urban mobility network.Read more

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RVNL bags INR 2,977 crore contract from NMDC for buffer stockpile and blending yard at Vizag

25 Jun 2026

Rail Vikas Nigam Limited has received a Letter of Award from NMDC Limited for setting up buffer stockpiles and a blending yard with a 10 MTPA handling capacity at Vizag, Andhra Pradesh, the company disclosed to stock exchanges on 20 June 2026. The contract, valued at INR 2,977 crore inclusive of 18 per cent GST, is to be executed over a 42-month period. RVNL confirmed that the work falls within its normal course of business and does not constitute a related party transactionRead more

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Vizag coast CRZ change gets CREDAI backing, could unlock new development opportunities

24 Jun 2026

• CREDAI has supported the proposal to reclassify parts of Visakhapatnam's coastline from CRZ-III B to CRZ-II, citing rapid urbanisation and infrastructure growth in the region.
• The industry body believes the move could help planned real estate development, tourism projects, and investment activity along the coastal corridor.
• Andhra Pradesh authorities have argued that the existing CRZ classification no longer reflects the current development status of the Madhurawada-Bheemunipatnam stretch.
• Several major projects, including the Beach Corridor, Bhogapuram Airport connectivity plans, metro proposals and the Vizag Bay City initiative, have been cited in support of the reclassification.
• Environmental groups, however, have raised concerns over the possible impact on coastal ecosystems, erosion control, and climate resilience.
Read more

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Probe ordered after over 25 real estate projects in Patna found violating Bihar RERA norms

Patna News Desk

17 Jun 2026

• A review of real estate projects in Patna has found that more than 25 developments were allegedly operating in violation of provisions under the Real Estate (Regulation and Development) Act (RERA).
• Authorities have initiated a detailed probe to examine compliance with registration requirements, project disclosures and other regulatory obligations.
• The action follows concerns over unauthorised project marketing and potential violations affecting homebuyers, with further scrutiny expected across additional developments in the state.
Read more

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Patna Metro records seventh tunnel breakthrough on Blue Line, advancing underground corridor

Patna News Desk

15 Jun 2026

The Patna Metro project has achieved its seventh tunnel breakthrough on the Blue Line after a Tunnel Boring Machine (TBM) completed excavation between Moin-ul-Haq Stadium and Rajendra Nagar Metro stations. The milestone marks continued progress on the underground section of the corridor and is expected to accelerate construction activities. Officials said the breakthrough strengthens momentum for the project's timely execution, with tunnelling work playing a crucial role in expanding metro connectivity across Bihar's capital.Read more

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Patna Metro inches closer to expansion as Malahi Pakri station prepares for operations

11 Jun 2026

• Malahi Pakri Metro Station is expected to become operational soon, marking another milestone for the Patna Metro project.
• The station forms part of the priority corridor aimed at improving connectivity across eastern Patna.
• Its opening will strengthen access to residential and commercial areas while supporting seamless urban mobility.
• The development reflects the steady progress of Bihar's flagship mass transit initiative.
Read more

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Polluted stormwater drains raise environmental concerns across Visakhapatnam

Visakhapatnam News Desk

10 Jun 2026

• Several stormwater drains in Visakhapatnam are reportedly carrying untreated sewage and waste instead of rainwater, raising environmental concerns.
• Experts and civic groups warn that the pollution is affecting local water bodies, coastal ecosystems and public health.
• Encroachments, inadequate sewage infrastructure and poor maintenance have been cited as key reasons for the deteriorating condition of the drains.
• The issue has renewed calls for comprehensive drainage reforms and stronger wastewater management measures in the city.
Read more

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Patna Hotels Face Fire Safety Scrutiny as Majority Fail Compliance Audit

09 Jun 2026

• A fire department survey has found that only 80 of Patna’s 241 registered hotels fully comply with prescribed fire safety norms and have obtained the required No Objection Certificates (NOCs).
• The highest non-compliance was recorded in the city’s busiest hotel clusters, where deficiencies include inadequate emergency exits, narrow staircases, limited access for fire tenders and insufficient firefighting infrastructure.
• Authorities have intensified inspections and enforcement measures following previous hotel fire incidents, with non-compliant establishments being directed to upgrade safety systems and address structural shortcomings.
Read more

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Visakhapatnam Port berths cape-sized vessel in inner harbour

09 Jun 2026

Visakhapatnam Port Authority (VPA) has successfully berthed MV Graceous, a 292-metre-long cape-sized bulk carrier, at the EQ-1 berth in its inner harbour, marking a significant operational milestone for the port. The vessel, which has a beam of 45 metres and a draft of 12.2 metres, is among the largest classes of bulk carriers operating globally. The achievement gives Visakhapatnam Port more than one cape-compliant berth, strengthening its ability to handle larger cargo vessels and enhancing overall cargo handling capacity. The development comes as ports across India continue to upgrade infrastructure and operational capabilities to accommodate larger ships and support growing maritime trade volumes.Read more

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GVMC Cracks Down on Approval Delays, Pushes Faster Clearances for Real Estate Projects

06 Jun 2026

• GVMC Commissioner Ketan Garg has directed officials to speed up the processing of pending building permissions, Land Regularisation Scheme (LRS) applications and Transferable Development Rights (TDR) approvals to improve service delivery across Visakhapatnam.
• The civic administration reviewed approval pendency levels and flagged delays affecting planning, development and citizen-related applications, calling for stronger inter-departmental coordination.
• Faster clearances are expected to support urban development, improve investor confidence, reduce procedural bottlenecks and ensure timely implementation of real estate and infrastructure projects.
Read more

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Andhra Pradesh approves AI-powered traffic management project worth INR 99.19 crore for Visakhapatnam

05 Jun 2026

• The Andhra Pradesh government has sanctioned an AI-enabled traffic management initiative, Project SARTHI, for Visakhapatnam at an estimated cost of INR 99.19 crore.
• The project aims to improve traffic regulation, road safety and incident response through advanced surveillance and intelligent transport technologies.
• The system will integrate artificial intelligence, automated traffic monitoring, command-and-control infrastructure and real-time enforcement mechanisms across the city.
• The initiative forms part of broader efforts to strengthen urban mobility infrastructure in Visakhapatnam amid rising traffic volumes and growing urbanisation.
Read more

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Patna Municipal Corporation gives INR 40 lakh rebate for early property tax payments

13 May 2026

• Patna Municipal Corporation has provided nearly INR 40 lakh as rebate to around 35,948 property taxpayers for making early payments in the current financial year.
• The civic body collected close to INR 11 crore in property tax during the initial weeks of the financial year through the rebate scheme.
• A 5% rebate on the principal tax amount is being offered for lump-sum payments made before June 30 under the Bihar Municipal Property Tax Rules, 2013.
• Nearly 60% of taxpayers used online payment methods, including UPI platforms and the municipal portal, showing rising digital adoption.
• PMC has also extended counter timings and started awareness drives as it aims to improve collections and reduce pending dues across city zones.
Read more

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