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

Pratapnagar station redevelopment gathers pace with INR 71.58 crore modernization plan

08 Jun 2026

• A major redevelopment project worth INR 71.58 crore is transforming Vadodara's historic Pratapnagar railway station.
• The upgrade aims to improve passenger amenities, operational efficiency and rail infrastructure in the region.
• The project is expected to ease pressure on Vadodara Junction while supporting future growth in rail traffic.
• Modern facilities and enhanced connectivity are being planned as part of the station's long-term transformation.
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BMC moves ahead with Gargai Dam project, eyes 440 MLD water boost for Mumbai by 2029

08 Jun 2026

The Brihanmumbai Municipal Corporation (BMC) is advancing the long-pending Gargai Dam project in Palghar district, with infrastructure firm Soma Enterprises expected to execute the main construction package. The project, estimated at over INR 5,100 crore after revisions, is designed to augment Mumbai's water supply by 440 million litres per day (MLD) and become the city's eighth water source. Planned near Ogada village in Wada taluka, the dam is targeted for completion by 2029 and is expected to play a key role in addressing Mumbai's rising long-term water demand.Read more

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Telangana inaugurates INR 1,200 crore biologics facility in Sangareddy

08 Jun 2026

The Telangana government has inaugurated a new biologics manufacturing facility developed by Theranym Biologics in Sangareddy district with an investment of INR 1,200 crore. Located at Borpatla village, the facility is expected to generate employment for more than 1,500 local youths and strengthen the state's position in the life sciences sector. The plant will manufacture medicines used in the treatment of cancer and other life-threatening diseases, with products targeted for export to international markets, including the United States. State ministers D Sridhar Babu and Damodar Rajanarasimha attended the inauguration ceremony. The project adds to Telangana’s growing pharmaceutical and biotechnology ecosystem and is expected to enhance the global standing of products manufactured in the state.Read more

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Mumbai 3.0 drives demand towards plotted developments across emerging MMR corridors

08 Jun 2026

Mumbai’s next phase of urban expansion is increasingly being defined by infrastructure-led growth across the extended Mumbai Metropolitan Region (MMR), with industry stakeholders referring to the trend as “Mumbai 3.0”. Spanning emerging locations such as Panvel, Karjat, Khalapur, Pen and Alibaug, the growth cycle is being supported by major connectivity projects including the Navi Mumbai International Airport, Atal Setu, the Virar–Alibaug Corridor and railway upgrades. Real estate developers and market experts say rising property prices and limited land availability in Mumbai and parts of Navi Mumbai are prompting homebuyers and investors to explore peripheral markets. Organised plotted developments, integrated townships and branded land projects are gaining traction as buyers seek affordability, flexibility, lifestyle amenities and long-term capital appreciation in infrastructure-linked micro-markets.Read more

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Ludhiana publishes details of INR 1,546 crore 24x7 water supply project amid concerns over road excavation

08 Jun 2026

• Ludhiana Municipal Corporation has made public key details of its INR 1,546 crore 24x7 water supply project as concerns grow over extensive road excavation across the city.
• The project aims to modernise the city's water distribution network through new pipelines, reservoirs, pumping infrastructure and household connections.
• Civic authorities have sought to improve transparency by sharing project information while assuring residents that restoration of affected roads will be undertaken after construction activities are completed.
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Railways introduce special services on Hyderabad–Mangaluru and Bilaspur–Yelahanka routes to meet seasonal travel demand

08 Jun 2026

Indian Railways has announced two weekly summer special train services on the Hyderabad–Mangaluru Central and Bilaspur–Yelahanka corridors to accommodate increased passenger demand during June and July 2026. The Hyderabad–Mangaluru service will operate four round trips between 3 and 25 June, while the Bilaspur–Yelahanka special will run five round trips between 3 June and 2 July. The trains will connect major cities across Telangana, Karnataka, Tamil Nadu, Kerala, Chhattisgarh and Maharashtra, providing additional capacity on heavily travelled routes during the peak travel season.Read more

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UP to roll out GIS-based master plans for 93 tier-II towns across 49 districts

08 Jun 2026

• Uttar Pradesh will prepare GIS-based master plans for 93 tier-II towns across 49 districts to support planned urban development.
• The initiative will create digital land-use maps and geospatial databases for towns with populations between 50,000 and 99,999.
• The plans will help authorities manage infrastructure, housing, transportation, public amenities and future growth more effectively.
• The programme aligns with the Centre's AMRUT 2.0 mission and expands the use of GIS technology in urban planning across the state.
• Officials expect the move to reduce unplanned expansion and improve development planning in emerging urban centres.
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Cabinet clears INR 7,597 crore highway expansion across Telangana

08 Jun 2026

The Union Cabinet has approved two National Highway widening projects in Telangana with a combined length of 190.76 km and an estimated investment of INR 7,597.16 crore. The projects involve the four-laning of the Armoor–Jagtial–Mancherial section of NH-63 and the Jagtial–Karimnagar section of NH-563, which pass through several heavily urbanised and congested locations in the state. The developments will be executed under the Hybrid Annuity Model (HAM) and Build-Operate-Transfer (BOT) frameworks. Designed with bypasses around built-up areas and a target speed of 100 kmph, the projects aim to improve regional connectivity, reduce travel times, support freight movement and strengthen economic activity across Nizamabad, Jagtial, Mancherial and Karimnagar districts.Read more

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Cabinet clears INR 3,936 crore four-laning of Khagaria-Purnea highway corridor in Bihar

07 Jun 2026

The Union Cabinet has approved the upgradation of the Khagaria-Purnea section of NH-31 and NH-231 in Bihar into a four-lane highway under the Build-Operate-Transfer (BOT) toll model at an estimated cost of INR 3,936.05 crore. The project is aimed at addressing congestion, geometric deficiencies and safety concerns across key stretches passing through Khagaria, Bhagalpur, Katihar and Purnia districts. The scheme also includes the development of a 6.729-km greenfield bypass around Purnea city. Once completed, the upgraded corridor is expected to reduce travel time significantly, improve logistics efficiency and strengthen connectivity with major economic and transport hubs, including PM Gati-Shakti economic nodes, railway stations, an airport and key national and state highways.Read more

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UP clears INR 3,500 crore urban development push for Agra, Bareilly and Prayagraj

07 Jun 2026

The Uttar Pradesh government has approved urban development projects worth around INR 3,500 crore for Agra, Bareilly and Prayagraj as part of its broader strategy to expand planned urbanisation and create new growth centres across the state. The investment will support township development, housing, infrastructure creation and urban expansion in three key cities. The move aligns with the state's New City Promotion Scheme and wider urban development agenda, which focuses on reducing pressure on existing urban centres while improving infrastructure and housing availability. The projects are expected to strengthen real estate activity, improve civic infrastructure and create new opportunities for residential and commercial development in the three cities.Read more

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