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%

Asset class : Infrastructure

Government allocates INR 33,660 crore for industrial parks, states to provide land

23 Mar 2026

The Union government has approved an allocation of INR 33,660 crore under the Bharat Audyogik Vikas Yojna (BHAVYA) to develop 100 plug-and-play industrial parks across India. The scheme is aimed at strengthening manufacturing, attracting investment, and reducing setup delays by offering ready infrastructure and pre-approved land. States will support implementation by providing land and facilitating development. The programme is planned over six years, with parks ranging from 100 to 1,000 acres, and smaller thresholds set for hilly and North Eastern regions to account for terrain constraints.Read more

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BMC rejects INR 7.9 crore escalation for Goregaon flyover extension

23 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) has rejected a proposal seeking an additional cost escalation of around INR 7.9 crore for the Goregaon flyover extension project. The matter was placed before the civic standing committee by the administration, but members did not grant approval and asked for further examination. The committee has directed that a site inspection be conducted before reconsidering the proposal. The flyover project has already seen multiple revisions in its overall cost over time, and concerns related to delays and planning have led to closer scrutiny of further expenditure requests.Read more

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Borewell drilling damages Metro Line-3 tunnel near CSMT, contractor booked

23 Mar 2026

An unauthorised borewell drilling activity near Metro Cinema in South Mumbai resulted in damage to a section of the underground Mumbai Metro Line 3 tunnel close to Chhatrapati Shivaji Maharaj Terminus. The work was carried out within a government premises without the required permissions, leading the Mumbai Metro Rail Corporation to file a police complaint against the contractor. Authorities confirmed that metro services continued without disruption. The incident has raised concerns about unregulated excavation in sensitive zones where prior approvals are mandatory to protect critical underground infrastructure.Read more

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Punjab reports major expansion in canal irrigation coverage over past four years

23 Mar 2026

Punjab Chief Minister Bhagwant Mann stated that the state has significantly expanded its irrigation coverage over the past four years by increasing canal water usage from 26.5 per cent to around 78 per cent of agricultural land. The government has invested INR 6,700 crore in canal infrastructure, including lining, repairs, and restoration of canals and watercourses. Several long-defunct canals, including the Sarhali canal in Tarn Taran and the Kandi canal in Hoshiarpur, have been revived, improving water access across villages and reducing dependence on groundwater.Read more

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Parliamentary panel raises concerns over Chabahar port amid sanctions uncertainty

23 Mar 2026

A parliamentary panel has flagged uncertainty around the Chabahar Port project due to changing geopolitical conditions and US sanctions on Iran. While India has already completed its committed investment of USD 120 million, no fresh budget allocation has been made for the upcoming financial year. The port remains strategically important for India's trade access to Afghanistan and Central Asia, bypassing Pakistan. However, evolving global policies, regional tensions, and the status of sanctions waivers have raised concerns about the project's continuity and future operational clarity.Read more

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Cabinet clears INR 6,969 crore NH-927 project to improve connectivity in Uttar Pradesh

23 Mar 2026

The central government has approved the construction of a four-lane access-controlled stretch of National Highway-927 in Uttar Pradesh with an investment of INR 6,969 crore. The 101.5 km project between Barabanki and Bahraich will be developed under the Hybrid Annuity Mode. It aims to reduce travel time to nearly one hour, improve road safety, and enhance connectivity to the India Nepal border. The project will also strengthen links to major highways, generate employment, and support regional economic activity, especially in trade and logistics.Read more

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Pune clears INR 126 crore Mundhwa flyover to ease congestion

Pune News Desk

23 Mar 2026

Pune Municipal Corporation has approved an INR 126 crore flyover at Mundhwa junction to reduce congestion at one of the city's busiest traffic points. The 1.08 km structure will improve connectivity between Kharadi, Mundhwa, and nearby residential areas. Planned in coordination with a proposed metro corridor, the project aims to avoid future disruptions. With no land acquisition required and encroachments already cleared, execution is expected to be smoother. A pedestrian underpass has also been approved, while a railway flyover proposal remains under review due to technical challenges.Read more

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GR Infraprojects emerges L1 bidder for INR 2,440 crore NHAI highway project in Bihar

23 Mar 2026

GR Infraprojects has emerged as the lowest bidder for a National Highways Authority of India (NHAI) project in Bihar, quoting around INR 2,440 crore. The project will be developed under the hybrid annuity model and involves construction of a key highway stretch aimed at improving connectivity and reducing travel time. The company has received the letter of acceptance, marking a step forward in order inflow. The development reflects continued momentum in road project awards and highlights Bihar's growing focus on highway infrastructure expansion.Read more

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Nashik civic body extends deadline for utility works on Kumbh-linked roads

23 Mar 2026

The Nashik Municipal Corporation has extended the deadline for completing utility works on 28 key roads linked to the 2027 Simhastha Kumbh Mela. The move allows additional time for laying underground infrastructure such as water pipelines, drainage lines, gas pipelines, and optical fibre networks before road construction begins. These roads are part of a larger infrastructure push worth around INR 1,270 crore aimed at improving connectivity across Nashik and Trimbakeshwar. The extension reflects coordination challenges among agencies, while ensuring that roads are not repeatedly dug up after completion.Read more

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Delhi plans up to INR 1 lakh incentive to push shift to electric vehicles

Delhi News Desk

23 Mar 2026

The Delhi government is preparing a revised electric vehicle policy to encourage people to replace older vehicles with cleaner options. The proposal includes incentives of up to INR 1 lakh for electric car buyers linked to scrappage, along with benefits for two- and three-wheelers. Additional relief through road tax and registration fee exemptions is also planned until 2030. The policy builds on earlier efforts but aims to address slow adoption in private vehicle segments by offering more targeted and time-bound incentives.Read more

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Patiala–Patran highway four-laning awaits state proposal for approval

23 Mar 2026

Patiala MP Dharamvira Gandhi has urged the Centre to approve the four-laning of the Patiala Patran stretch of Punjab's State Highway 10, highlighting its growing traffic and safety concerns. The 75 km route connects Patiala, Samana, Ghagga, and Patran, serving as an important link for local trade and movement towards Haryana and Delhi. The Union government has clarified that the project can only be considered if the Punjab government submits a formal proposal, a requirement under initiatives such as PM Gati Shakti.Read more

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Delhi PWD steps up road quality checks with random project inspections

Delhi News Desk

22 Mar 2026

Delhi's Public Works Department (PWD) has introduced random inspections across road projects to improve construction quality and durability. Engineers will conduct on-site checks using modern equipment to assess materials and execution during different stages of construction. The move aims to detect issues early, reduce delays, and ensure accountability among contractors. The department is also working on setting up in-house testing facilities to speed up verification processes. This comes as Delhi undertakes large-scale road repairs and redevelopment to improve overall urban infrastructure and reduce recurring maintenance problems.Read more

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Government plans insurance support system for shipping firms amid West Asia risks

22 Mar 2026

The central government is working on a dedicated insurance support mechanism for shipping companies as risks rise due to the ongoing West Asia conflict. The proposal includes setting up a domestic protection and indemnity (P&I) structure and a war-risk insurance fund of around INR 1,000 crore. Global insurers have reduced exposure to high-risk routes like the Strait of Hormuz, leading to higher premiums and limited coverage. The move aims to ensure smoother trade operations, reduce reliance on foreign insurers, and support Indian shipping firms and exporters facing cost pressures.Read more

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MCD steps up borewell repairs to prevent water shortage in parks

22 Mar 2026

The Municipal Corporation of Delhi has started repair and maintenance work on borewells across city parks to ensure water availability during the summer months. Around 3,500 borewells support over 15,200 parks, many of which depend fully on groundwater for irrigation. Funds are being released zone-wise and tenders are being processed to complete the work on time. The move comes after last year's maintenance delays led to water shortages in several parks. Officials are also checking non-functional equipment to improve reliability and reduce dependence on tanker supply.Read more

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Karnataka pushes for higher building limits near Bengaluru airports

Bangalore News Desk

22 Mar 2026

The Karnataka government has requested the Centre to review building height restrictions around key aviation zones in Bengaluru, stating that they are affecting real estate development and limiting efficient land use. Deputy Chief Minister D. K. Shivakumar raised the issue with Kinjarapu Ram Mohan Naidu, seeking flexibility similar to other metro cities. The restrictions impact multiple airport and defence-linked areas, reducing the feasibility of vertical projects. The state is also working on long-term infrastructure plans, including a second airport and urban expansion measures.Read more

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Indore Metro completes 80 kmph trial run, awaits final safety clearance

Indore News Desk

22 Mar 2026

Indore Metro has completed high-speed trials at 80 kmph on an extended stretch, marking a key step before expanding passenger operations. The Commissioner of Metro Rail Safety (CMRS) carried out detailed inspections of stations, systems, and safety mechanisms, including emergency braking and signalling checks. With inspections now complete, the project is awaiting the final No Objection Certificate. Once approved, the operational corridor will increase from 6 km to around 17.5 km, improving connectivity between the airport zone and major commercial areas such as Vijay Nagar.Read more

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NDMC begins pilot for 24x7 water supply in Vinay Marg area

Delhi News Desk

22 Mar 2026

The New Delhi Municipal Council has started a pilot project to provide round-the-clock drinking water supply in the Vinay Marg area, covering about 550 connections, mainly government housing. The initiative focuses on improving supply reliability, reducing water losses, and upgrading infrastructure using systems like SCADA for real-time monitoring. With an estimated cost of around INR 1.38 crore, the project includes pipeline strengthening and network optimisation. It is part of a broader plan to modernise water distribution and, if successful, may be expanded to other NDMC areas.Read more

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Centre approves survey for Hyderabad regional ring rail project to prepare DPR and assess feasibility

21 Mar 2026

The Union government has approved a survey for the proposed Hyderabad Regional Ring Rail project, marking an initial step towards developing a rail network aligned with the Regional Ring Road (RRR) corridor. The approval, granted in the past week by the Ministry of Railways, will enable preparation of a Detailed Project Report (DPR) in coordination with the Telangana government. The proposed rail system is intended to enhance connectivity between Hyderabad and surrounding districts, while integrating with existing transport infrastructure. The project is expected to support passenger and freight movement, particularly across emerging industrial and peri-urban zones. The survey will assess alignment, technical feasibility, and cost parameters before further approvals from central agencies are considered.Read more

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Lucknow Development Authority strengthens monitoring of illegal constructions with drones and satellite surveys

Lucknow News Desk

21 Mar 2026

The Lucknow Development Authority (LDA) has adopted drones and satellite imagery to strengthen enforcement against unauthorised constructions and land-use violations. Initial surveys have focused on residential plots along major roads where some properties were being used for offices, showrooms, and retail without approved land-use changes. By combining GPS data, geospatial mapping, and aerial imagery, the authority is identifying deviations like unauthorised floors and layout changes. Over 5,000 illegal constructions have already been detected and sealed. Regular six-monthly surveys across all city zones are planned for ongoing compliance and prompt action.Read more

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High-speed rail push and connectivity upgrades reposition Tier-II and Tier-III cities as emerging real estate growth centres

Santosh Agarwal, Executive Director & CFO, Alpha Corp Development Limited

21 Mar 2026

Policy focus on infrastructure expansion, particularly high-speed rail corridors announced in the Union Budget 2026-27, is expected to accelerate the growth of Tier-II and Tier-III cities as key real estate and economic centres. Proposed corridors such as Mumbai-Pune, Pune-Hyderabad, Hyderabad-Bengaluru, and Delhi Varanasi aim to reduce travel time and improve inter-city mobility, linking smaller cities with major economic hubs. Improved connectivity is driving demand for residential, commercial, and logistics developments in these markets, supported by lower land costs and expanding employment opportunities. The shift reflects a broader move towards decentralised urbanisation, as developers and investors increasingly explore opportunities beyond Tier-I cities, where rising costs and congestion have constrained further expansion.Read more

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