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

Luxury 2.0: redevelopment-driven transformation is reshaping Mumbai's suburbs into premium residential hubs

Mr. Vivek Mohanani, CEO and Managing Director of Ekta World.

01 Mar 2026

Mumbai's redevelopment landscape has evolved beyond the replacement of ageing buildings, emerging as a key driver of premium residential growth across suburban markets. As redevelopment activity gathered pace earlier this year, projects across several suburbs moved towards completion or entered new phases, reflecting a broader shift in urban renewal. What began as a response to ageing housing stock and land constraints has developed into a new phase often described as Luxury 2.0, where redevelopment projects integrate modern infrastructure, enhanced amenities and long-term value creation. Supported by policy incentives under Development Control and Promotion Regulations 2034 and strengthened by metro expansion and road connectivity, suburban redevelopment is increasingly delivering high-end housing. Locations across western and central Mumbai are witnessing rising per sq ft values, larger homes and lifestyle-led developments, repositioning suburbs as core residential destinations rather than peripheral markets.Read more

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Major urban expansion on cards in Haryana as HSVP moves to procure land and launch new sectors in Gurugram after 20 years

Gurugram News Desk

01 Mar 2026

The Haryana Shahari Vikas Pradhikaran (HSVP) has initiated its most significant urban expansion strategy in over two decades, setting in motion plans to procure and develop large tracts of land for new residential and commercial sectors in Gurugram and other parts of Haryana. The policy shift, which follows the recent merger of the erstwhile Housing Board into HSVP, aims to diversify urban growth beyond private-sector-driven projects and respond to rising housing demand and infrastructure pressure in key National Capital Region (NCR) markets. Phase-wise land procurement will involve consent-based acquisition and direct purchases of landowners parcels through online platforms such as the e-Bhoomi portal, with an estimated 1.67 lakh acres statewide earmarked for development and around 23,000+ acres in Gurugram alone. The expansion targets multiple growth corridors including the Southern Peripheral Road, Dwarka Expressway and New Gurgaon belt and is designed to support organised real estate supply, plotted housing and planned neighbourhoods. The move is expected to improve infrastructure delivery and offer more affordable options relative to private development.Read more

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Government sets December 2026 target to corporatise 11 major ports

01 Mar 2026

The Union government has drawn up a plan to corporatise 11 of India's 12 major ports by December 2026 and prepare them for potential stock market listing by December 2027. At present, only Kamarajar Port operates as a company, while the rest function as authorities under the Major Port Authorities Act, 2021. The proposal is part of wider maritime sector reforms aimed at improving efficiency and competitiveness. However, port labour unions have opposed the move, raising concerns related to job security, pension safeguards and national security implications.Read more

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Karnataka RERA steps up crackdown on unregistered real estate projects, highlights regulatory gaps

01 Mar 2026

The Karnataka Real Estate Regulatory Authority (K-RERA) has intensified enforcement actions against unregistered residential real estate projects in the state, issuing repeated notices and opening inquiries amid a surge in complaints from homebuyers. Since 2021, the authority has received 765 complaints related to projects that should have been registered under the Real Estate (Regulation and Development) Act, 2016 but were not, resolving 440 cases and progressing 325 others through hearings. A key challenge identified by the regulator is the existence of structural and procedural loopholes that allow promoters to bypass mandatory RERA registration, including planning authorities granting sanctions and occupancy certificates without requiring a RERA number, and property registrations proceeding without RERA verification. Authorities and homebuyer groups have said these gaps undermine regulatory protections and pose heightened risks of fraud for buyers. K-RERA has called for stronger enforcement and greater awareness to close loopholes in the system.Read more

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Domicil by HTL Group enters premium sleep segment with Domicil Sleep, opens two experience stores in Bengaluru

01 Mar 2026

Domicil, part of the HTL Group, has expanded its India presence with the launch of Domicil Sleep, a new vertical focused on premium mattresses and sleep accessories. The brand has simultaneously opened two Domicil Sleep experience stores in Bengaluru, located at LVS Mall on Airport Road and BTM Layout 2nd Stage. The move marks Domicil's entry into India's organised premium sleep and wellness segment, with an emphasis on ergonomics, material quality and in-store experiential retail. The mattress range comprises 12 variants across five sizes, supported by complementary pillows, and is positioned as part of a broader lifestyle offering rather than a standalone product category. The Bengaluru launches form the starting point of the brand's India expansion strategy in the sleep segment.Read more

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Authorities raze nine multi-storey buildings among nearly 100 encroachments on KMP link stretch in Gurugram

Gurugram News Desk

01 Mar 2026

Gurugram civic and revenue authorities have completed a five-day demolition drive along a 1.5-kilometre stretch of the Farrukhnagar-Daboda road, a key connector to the KMP Expressway, to remove almost 100 unauthorised structures that had narrowed the sanctioned road width and caused chronic traffic congestion. The operation resulted in the removal of nine multi-storey buildings, about 30 double-storey structures, and numerous smaller encroachments that had reduced the corridor's effective width to 35-40 feet from the legally sanctioned 60-66 feet, officials said. The drive, led by a duty magistrate and supported by more than 100 police personnel, revenue officials, municipal staff, fire brigade and emergency services, was largely peaceful and involved prior demarcation and outreach to property owners. The Gurugram civic body plans to redevelop the cleared road at an estimated INR 7 crore over the next 10 months, including improvements to carriageways, footpaths, green verges and storm drainage.Read more

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Delhi rolls out Rah-Veer scheme with INR 25,000 reward for helping road accident victims

Delhi News Desk

28 Feb 2026

The Delhi government has started implementing the Centre's Rah-Veer scheme to encourage citizens to help road accident victims during the golden hour. Under the scheme, individuals who ensure that a seriously injured person reaches a hospital in time will receive INR 25,000 and a certificate of appreciation. The initiative builds on existing Good Samaritan protections under the Motor Vehicles (Amendment) Act, 2019. District-level committees will verify cases, and rewards will be transferred directly to bank accounts through a structured process.Read more

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US imposes 126% preliminary duty on Indian solar imports

28 Feb 2026

The United States has imposed a preliminary countervailing duty of 126% on solar cells and modules imported from India, citing alleged government subsidies that provided an unfair advantage to Indian manufacturers. The move follows a petition by US solar producers and forms part of a broader trade investigation that also covers imports from Indonesia and Laos. The decision has led to volatility in Indian solar stocks and raised concerns over export prospects. A final determination in the case is scheduled for July 2026.Read more

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Chilavannoor Bund bridge work gains pace as Kochi targets May 2026 completion

28 Feb 2026

Work on the Chilavannoor Bund Road bridge in Kochi has resumed after months of delay, with authorities now targeting completion by May 2026. The arrival of the 90-metre central steel span, the longest for any road bridge in the city, has enabled construction to move forward. The project, awarded to Uralungal Labour Contract Cooperative Society and funded by KIIFB, faced setbacks due to protests, legal hurdles and fabrication delays. Once completed, the bridge is expected to ease congestion on Sahodaran Ayyappan Road and reduce pressure on the Vyttila junction.Read more

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Uttar Pradesh government allocates INR 9 crore for CCTV traffic management network in 57 districts

28 Feb 2026

The Uttar Pradesh government has sanctioned INR 9 crore for the installation of 1,338 high-resolution CCTV cameras at 297 key traffic junctions across 57 districts that are not covered under existing smart city projects or the Integrated Traffic Management System (ITMS). The approval, issued by the state home department earlier this month, is aimed at strengthening traffic monitoring, enforcement and road safety in smaller cities and district headquarters. Under the plan, 150 major intersections will be equipped with five cameras each, while 147 T-junctions will receive four cameras per location. The project includes supporting infrastructure such as network video recorders, uninterrupted power supply systems, poles, junction boxes and high-speed internet connectivity. Installation is scheduled for completion by 31 March, enabling wider digital traffic oversight across the state.Read more

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DND flyway to see night lane closures till March 18 for resurfacing work

28 Feb 2026

Night-time traffic on the Noida-Delhi Direct Flyway will remain affected as resurfacing work continues on the Noida-to-Delhi carriageway. Vehicles heading towards Delhi are being diverted between late night and early morning hours to facilitate repairs. The work, undertaken by Noida Toll Bridge Company Limited, is part of the second phase of maintenance that was earlier delayed due to winter and pollution-related restrictions. Authorities have advised commuters, especially airport-bound travellers, to factor in additional travel time until March 18.Read more

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Dot directs noida international airport to provide fair access to telcos for network infrastructure

28 Feb 2026

The Department of Telecommunications (DoT) has directed Noida International Airport to allow licensed telecom service providers to install and operate their own in-building network infrastructure under the Telecommunications Act, 2023 and the Right of Way Rules, 2024. The order, issued to Yamuna International Airport Pvt Ltd, clarifies that the airport falls under the definition of a public entity and must grant non-discriminatory access. The move follows similar action at Navi Mumbai International Airport and comes amid concerns raised by telecom operators over restricted access and third-party network arrangements.Read more

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Railway Board puts Vande Bharat Jammu–Srinagar extension on hold ahead of March 1 launch

28 Feb 2026

The Railway Board has temporarily put on hold the planned extension of the Vande Bharat Express between Jammu Tawi and Srinagar, which was scheduled to begin on March 1. The decision was communicated shortly after Northern Railway announced the rollout of the upgraded 20-coach train on the route. Officials cited unavoidable circumstances for the pause and said a fresh update would be issued later. The extension was expected to provide direct rail connectivity between the two capitals of Jammu and Kashmir following the operationalisation of the USBRL project.Read more

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Maharaj Prithu flyover to be inaugurated on March 10, set to ease Guwahati traffic

28 Feb 2026

The Maharaj Prithu Flyover in Guwahati is set to be inaugurated on March 10 by Assam Chief Minister Himanta Biswa Sarma. The nearly 5 km-long flyover connects Ambari with Bamunimaidam and is expected to ease traffic congestion along the busy MRD Road corridor. Built largely using steel girders for faster execution, the project has faced delays due to land acquisition, utility shifting and traffic management challenges. Once operational, it is expected to improve travel time and connectivity across key residential and commercial areas of the city.Read more

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Over 1,000 Mumbai construction sites face stop-work notices over pollution violations

28 Feb 2026

The Maharashtra government has issued more than 1,000 stop-work notices to construction sites across Mumbai for failing to comply with dust and air pollution control norms, the state environment minister informed the legislative assembly earlier this week. Out of 2,224 active sites, 1,952 have installed air quality monitoring sensors, but several were found violating mandatory mitigation rules. Nearly 1,981 show-cause notices were served over the past four months. Authorities have also collected fines and intensified road-cleaning measures as part of the ongoing clean air enforcement drive.Read more

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MHADA advocates cluster redevelopment and policy reforms to ease Mumbai’s housing affordability pressures

Mumbai News Desk

28 Feb 2026

Maharashtra Housing and Area Development Authority (MHADA) says large-scale cluster redevelopment and targeted policy reforms are essential to address Mumbai's deepening housing affordability crisis, as the city's developable land nears exhaustion. Speaking at the ET Realty Real Estate Conclave 2026, MHADA Vice-President and Chief Executive Officer Sanjeev Jaiswal highlighted that Mumbai's housing affordability index — where an average household spends roughly half its income on home loan EMIs — reflects structural constraints in the supply system. He outlined plans to open 800-1,000 acres for cluster-led redevelopment in integrated layouts and called for rationalisation of premiums, development charges and taxes to reduce housing costs by up to 25 per cent. MHADA's roadmap, he said, would help deliver a substantive share of future housing supply and underpin broader efforts to expand access across income segments.Read more

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Sion’s gradual transformation highlights the impact of planned urban living in central Mumbai

Mr. Chintan Sheth, Chairman and Managing Director, Sheth Realty.

28 Feb 2026

Sion is emerging as a case study in how focused redevelopment and infrastructure-led planning can reshape established urban neighbourhoods within Mumbai's existing boundaries. Traditionally viewed as a transit zone between South Mumbai and the eastern suburbs, the locality is gaining relevance among contemporary homebuyers due to its central location, improving connectivity and steady residential renewal. Ongoing and proposed infrastructure projects, including flyovers and bridge redevelopment, are addressing long-standing mobility constraints, while structured redevelopment is replacing ageing housing stock with better-planned residential buildings. Supported by social infrastructure, relative affordability and proximity to major employment hubs, Sion is increasingly being positioned as a balanced residential micro-market. Its transformation reflects a broader shift in Mumbai's urban strategy, where planned upgrades within mature neighbourhoods are contributing to more liveable, sustainable urban environments.Read more

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Navi Mumbai civic body undertakes partial demolition of unauthorised construction in Koparkhairane after non-compliance with notice

28 Feb 2026

The Navi Mumbai Municipal Corporation has carried out partial demolition action against unauthorised construction in the Koparkhairane division after the concerned party failed to comply with a statutory notice issued under the Maharashtra Regional and Town Planning Act, 1966. The action was undertaken on 23 February 2026 following the expiry of a notice served on 17 February 2026 for illegal construction at Plot No. 1034, Koparkhairane, Navi Mumbai. The encroachment department proceeded with partial demolition and recovered a penalty of INR 25,000 from the owner. The operation was executed under senior civic supervision with police protection and mechanical assistance. The municipal corporation stated that similar enforcement drives will continue across its jurisdiction to deter unauthorised development and ensure compliance with planning regulations.Read more

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Navi Mumbai civic body undertakes city-wide cleanliness drives under ‘Clean water, clean mind’ campaign

28 Feb 2026

The Navi Mumbai Municipal Corporation carried out large-scale cleanliness drives across multiple locations under the 'Clean water, clean mind' initiative, implemented as part of the Amrut project with active public participation. The campaign, conducted earlier this week on a public holiday, saw civic officials, sanitation workers and volunteers from Sant Nirankari Mission jointly undertaking intensive cleaning activities at water bodies and public spaces across Navi Mumbai. Key locations included Jewel of Navi Mumbai, Chincholi Lake in Jui Nagar and the Mini Sea Shore area in Vashi. Collected waste was transported for scientific processing to the municipal solid waste facility at Turbhe.Read more

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Southern Railway adds shuttle services to St Thomas Mount to ease suburban commuter disruptions

Chennai News Desk

28 Feb 2026

Southern Railway has introduced additional EMU shuttle services between Guduvanchery and St Thomas Mount to manage commuter inconvenience caused by revised suburban train operations linked to redevelopment work at Chennai Egmore station. The changes had reduced direct services on the busy Beach-Tambaram-Chengalpattu corridor, leading to crowding and longer travel time. Trial runs of the shuttle services were conducted successfully before rollout. Transport representatives have raised concerns over lack of consultation and suggested better coordination and more fast local services to reduce passenger inconvenience.Read more

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