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

BMC highlights multiple approvals needed for Coastal Road North project amid mangrove concerns

Mumbai News Desk

11 Mar 2026

Brihanmumbai Municipal Corporation (BMC) Commissioner Bhushan Gagrani addressed concerns regarding the Coastal Road (North) project, noting that decisions involve multiple statutory approvals and cannot be made by a single authority. The project has faced criticism from citizen groups over its impact on nearly 45,000 mangroves. The Bombay High Court continues to monitor compliance, especially compensatory afforestation measures. At the International Arboriculture Conference, experts emphasized integrating urban development with ecological preservation, while officials outlined plans for tree care initiatives, modern arboriculture practices, and citizen engagement in protecting urban greenery.Read more

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Railway Board revives three long-stalled rail line projects in Tamil Nadu

11 Mar 2026

The Union Railway Board has revived three railway line projects in Tamil Nadu that had remained stalled for nearly a decade. The projects include the Tindivanam Gingee Tiruvannamalai line, the Attipattu Puttur line, and the Chennai Cuddalore corridor via Mahabalipuram. The decision follows concerns raised about delays in railway infrastructure development and reduced spending on new rail lines in the state. Earlier, funds allocated for some of these projects were returned after they were placed in abeyance. Officials indicated that restarting the projects could improve regional connectivity once land acquisition, approvals, and funding processes move ahead.Read more

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Government tightens contractor rating norms to prevent major failures in highway projects

10 Mar 2026

The Ministry of Road Transport and Highways has introduced stricter rules to assess contractors working on national highway projects, aiming to reduce serious construction failures and improve accountability. The revised framework clearly defines what will be treated as a catastrophic failure, including bridge collapses, tunnel incidents, and major pavement damage. Such failures can lead to a deduction of up to 30 marks in contractor performance ratings, which may affect their chances of securing future highway contracts. The move comes amid growing concerns over construction quality and safety in large road infrastructure projects across India.Read more

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Charles Schwab strengthens Hyderabad operations with 3.45 lakh sq ft office lease

Hyderabad News Desk

10 Mar 2026

Charles Schwab has further expanded its presence in India by leasing a large office space in Hyderabad's Gachibowli IT corridor to support its global capability centre operations. The Indian subsidiary signed a five year lease for roughly 3.45 lakh square feet across five floors at Phoenix Equinox Tower 2. Monthly rent is set at about INR 108 per sq ft with a 5 % annual escalation, and payments will begin in phases from next April and July. The space will accommodate technology, analytics, and other critical support functions, reflecting Hyderabad's continued appeal for multinational firms.Read more

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Residents march in Kandivli to raise concerns over mangroves linked to coastal road project

Mumbai News Desk

10 Mar 2026

Residents and environmental groups in Mumbai recently held a citizen march in Kandivli to draw attention to concerns about mangroves that could be affected by the proposed northern extension of the coastal road project. The demonstration focused on the environmental impact of the planned Versova-Bhayander corridor, where thousands of mangrove trees fall within the project's influence zone. Activists stressed that these ecosystems play a key role in protecting the city from flooding and coastal erosion. The march brought together local citizens and conservation groups to highlight ecological concerns while the large infrastructure project continues to move forward.Read more

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Polo Hotels Group to invest INR 103 crore in first five-star hotel in Silchar

10 Mar 2026

Polo Hotels Group has announced plans to invest around INR 103 crore to develop a five-star hotel in Silchar, Assam, marking the first luxury hospitality project in the Barak Valley region. The proposed property will feature 100 rooms and suites and aims to introduce international-standard hospitality infrastructure to the area. The project has received approval from the Assam cabinet, which has also granted customised incentives and facilitative support for its development. According to the company, the hotel is expected to strengthen the tourism, business and events ecosystem in the region while supporting broader economic growth. Polo Hotels Group said the project reflects its long-term commitment to expanding its hospitality presence in Northeast India.Read more

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NHAI-backed Raajmarg InvIT to allocate IPO anchor portion to domestic investors

10 Mar 2026

National Highways Authority of India-sponsored Raajmarg Infra Investment Trust will allocate the anchor portion of its upcoming INR 6,000 crore initial public offering exclusively to domestic investors, according to NHAI Chairman Santosh Kumar Yadav. The anchor book will open on March 10, ahead of the IPO subscription window from March 11 to March 13. The InvIT has set a price band of INR 99-100 per unit and plans to allocate over INR 1,700 crore to anchor investors. The public offering marks the first time NHAI is opening its highway asset monetisation programme to retail investors, aiming to unlock value from operational road assets while offering a long-term investment instrument linked to India's national highway infrastructure.Read more

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Accidents increase on Samruddhi corridor while Mumbai–Pune Expressway records slight improvement

10 Mar 2026

Data released by the Maharashtra Highway Police shows a significant increase in accidents and fatalities on the Mumbai-Nagpur Samruddhi corridor during the past year, while the Mumbai-Pune Expressway recorded a marginal decline in overall accidents. The Samruddhi route reported 185 accidents in 2025, up from 137 in the previous year, along with a rise in fatal crashes and deaths. In contrast, accidents on the Mumbai-Pune Expressway dropped slightly. Authorities are reviewing safety measures and planning stronger monitoring systems on the Samruddhi corridor to control speeding and improve highway safety.Read more

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Infrastructure works gather pace as AGICL MD reviews Amaravati Development Projects

10 Mar 2026

Amaravati Growth & Infrastructure Corporation Ltd. Managing Director S. V. R. Srinivas conducted an on-site inspection of key infrastructure and institutional projects underway in Amaravati to review progress and ensure timely execution. The visit included inspections of the MLA and MLC Housing projects, the NGO Housing project, and the High Court development site. During the review, Srinivas also held discussions with project representatives regarding the construction of bungalows for judges, ministers and secretaries. The inspection further covered the progress of Amaravati Government Complex (AGC) roads and underground utilities works, which form a core component of the city's integrated infrastructure network. Emphasising quality and adherence to timelines, Srinivas directed officials and contractors to accelerate construction activities while ensuring coordination across departments involved in the development of Amaravati.Read more

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Mumbai–Pune expressway missing link nears completion, opening targeted for May 1

10 Mar 2026

The long-pending missing link project on the Mumbai-Pune Expressway is close to completion, with around 98% of construction finished. Developed by the Maharashtra State Road Development Corporation, the 13.3-km new alignment between Khopoli and Kusgaon is expected to open on May 1. Built at a cost of about INR 6,695 crore, the project includes long tunnels, bridges, and viaducts through the Sahyadri hills. Once operational, it will shorten the existing ghat stretch by over 6 km and reduce travel time between Mumbai and Pune by around 25-30 minutes while improving road safety and traffic movement.Read more

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India plans barrier-less tolling at over 200 national highway fee plazas by FY27

10 Mar 2026

Indian Highways Management Company Ltd (IHMCL), promoted by the National Highways Authority of India (NHAI), is preparing to introduce a barrier-less tolling system at more than 200 national highway fee plazas by FY27. The plan involves deploying Multilane Free Flow (MLFF) technology that allows vehicles to cross toll plazas without stopping. The system will rely on FASTag, RFID readers, and automatic number plate recognition cameras to collect tolls digitally. Authorities are issuing bundled tenders for multiple toll plazas to speed up implementation. The initiative is expected to improve traffic flow, reduce congestion at toll plazas, and strengthen digital toll collection on highways.Read more

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ED attaches assets worth over INR 206 crore of TDI Infrastructure in homebuyer fraud probe

10 Mar 2026

The Enforcement Directorate (ED) has attached immovable assets worth more than INR 206 crore linked to Delhi-based TDI Infrastructure Limited as part of a money-laundering investigation connected to alleged fraud against homebuyers. The action follows multiple FIRs registered by the Delhi Police and the Economic Offences Wing, which accused the developer and its promoters of failing to deliver residential and commercial units despite collecting large sums from buyers. Investigators found that thousands of customers invested in several projects launched in Sonipat, Haryana, but many developments remain incomplete, with funds allegedly diverted to other entities and financial obligations.Read more

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PM Modi inaugurates new Delhi Metro corridors, completes India’s first ring metro network

Delhi News Desk

10 Mar 2026

The metro network in the national capital expanded further after Prime Minister Narendra Modi inaugurated two new corridors of the Delhi Metro Rail Corporation. The projects, developed at an estimated cost of over INR 18,300 crore, include the Majlis Park Maujpur-Babarpur stretch on the Pink Line and the Deepali Chowk Majlis Park section of the Magenta Line. With the opening of the new Pink Line segment, the city now has India's first fully operational ring-shaped metro corridor. The Prime Minister also laid the foundation stone for additional routes planned under the next phase of the metro expansion.Read more

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Maharashtra plans INR 23,487 crore underground metro line connecting Wadala to Gateway of India

10 Mar 2026

The Maharashtra government has announced a major underground metro corridor connecting Wadala to the Gateway of India in Mumbai at an estimated cost of INR 23,487 crore. The project, proposed as Metro Line 11, was outlined during the state budget presentation and aims to strengthen connectivity to South Mumbai. The government also indicated plans to extend the line from Dharavi to Bandra suburban railway station and Bandra Terminus in the future. Along with this corridor, the state highlighted progress on several metro expansions, tunnel projects and transport infrastructure developments aimed at improving urban mobility across the Mumbai Metropolitan Region.Read more

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Irrigation minister prioritizes urgent repairs for Singur Dam to safeguard water supply

10 Mar 2026

Telangana Irrigation Minister N. Uttam Kumar Reddy has directed officials to undertake urgent repairs and safety assessments at the Singur Dam, a key water source supplying drinking water to Hyderabad and supporting irrigation in nearby districts. The move follows warnings from the National Dam Safety Authority (NDSA) regarding structural concerns at the reservoir. The minister ordered immediate technical interventions, including underwater inspections, sonar surveys and accelerated repair works, to detect and address potential damage without draining the reservoir. Authorities have been instructed to complete the safety works within a single working season to prevent disruptions to irrigation and avoid a potential crop holiday. The government has also set deadlines to finish remaining canal lining works linked to the Singur project.Read more

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MCZMA orders probe into alleged CRZ violations in Gorai beach jetty construction

Mumbai News Desk

10 Mar 2026

The Maharashtra Coastal Zone Management Authority (MCZMA) has directed the Mumbai Suburban district administration to conduct a site inspection at Gorai Beach following complaints of possible violations of Coastal Regulation Zone (CRZ) norms during jetty construction. The complaint, filed by environmental NGO Vanashakti, alleged that the structure was built through reclamation and at a location different from what had been approved earlier. MCZMA has asked the District Collector to submit a factual report within seven days and take necessary action if any violations of CRZ rules or clearance conditions are confirmed.Read more

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GCDA opens Kaloor stadium STP to external sewage amid Kochi waste crisis

Kochi News Desk

09 Mar 2026

The Greater Cochin Development Authority (GCDA) has opened the sewage treatment plant (STP) at Jawaharlal Nehru International Stadium in Kaloor, Kochi to treat sewage from external sources, in response to the city's growing waste management crisis. Originally built to process only stadium waste, the plant has been upgraded to handle 750 kilolitres per day (KLD) of sewage. The decision follows directives from the National Green Tribunal (NGT) urging authorities to address the city's severe sewage treatment gap. Kochi generates about 82 million litres of sewage daily, but existing infrastructure treats only 3-6%, leaving the majority untreated. By opening the facility to outside sewage, GCDA aims to utilize the previously underused plant, reduce environmental pollution and generate revenue to support additional sewage treatment infrastructure.Read more

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Bengaluru unveils traffic plan with skywalks, bus stop relocation

Bangalore News Desk

09 Mar 2026

Authorities in Bengaluru have announced a new traffic management plan aimed at improving pedestrian safety and reducing congestion. The proposal includes building 101 skywalks at major junctions to allow pedestrians to cross busy roads safely and avoid conflicts with vehicles. Officials have also relocated 103 poorly positioned bus stops to streamline public transport movement and reduce bottlenecks on key roads. In addition, 137 waterlogging-prone locations across the city have been identified for urgent drainage repairs ahead of the monsoon season. The initiatives will be incorporated into the upcoming budget of the Greater Bengaluru Authority (GBA). Officials said these measures form part of a broader effort to improve traffic flow, urban mobility and civic infrastructure in the rapidly growing city.Read more

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Ambala Cantonment poised for metropolitan expansion with seven new sectors across 1,000 acres

09 Mar 2026

The Haryana government has unveiled plans to transform Ambala Cantonment into a metropolitan hub through the development of seven new sectors under the Haryana Shehri Vikas Pradhikaran (HSVP), officials said in the past week. Announced by Anil Vij, Haryana's Minister for Energy, Transport and Labour, the sectors 27, 28, 36, 40, 40-A, 41-A and 42 will be developed across approximately 1,000 acres, extending urbanisation into adjoining villages including Ghasitpur, Bohawa and Shahpur. The expansion plan encompasses residential, commercial, industrial and open space zones, alongside enhanced transport and communication infrastructure. The state has also launched an e-Bhoomi portal to facilitate voluntary land aggregation, aimed at ensuring transparency and fair compensation for landowners. The initiative is part of broader efforts to bolster infrastructure, improve living standards and align Ambala's growth trajectory with metropolitan ambitions.Read more

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Marol ground along Mithi River to be developed as urban forest

Mumbai News Desk

09 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) is planning to convert a 12,964 square metre (about 3.2-acre) recreation ground in Marol, Andheri East, along the Mithi River into what is expected to be Mumbai's first public urban forest. The plot, which currently has around 150 trees, has remained largely unused for several years. The project will be implemented through corporate social responsibility funding with support from environmental NGO Green Yatra. The plan includes dense plantations, biodiversity zones, and recreational facilities such as walking paths, children's play areas, and spaces for senior citizens.Read more

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