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%

Top Stories

Mumbai Infrastructure: Thane Creek Bridge-3 ready for use, awaits final nod for inauguration

12 May 2025

The third Thane Creek Bridge (TCB-3), a vital 1.8-km six-lane link between Mumbai and Navi Mumbai, is now complete and awaits final approval for inauguration. Executed by the Maharashtra State Road Development Corporation at a cost of INR 850 crore, the bridge aims to ease traffic on the heavily congested Sion-Panvel highway, which sees over 1.3 lakh vehicles daily. Civil work finished in April, but the opening is pending clearance from the Prime Minister's Office and the Ministry of Road Transport. Once inaugurated, TCB-3 is expected to significantly reduce commute times and enhance regional connectivity between the two growing urban centres.Read more

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Hubballi expands airport and urban services under Smart City Mission

09 May 2025

Hubballi is undergoing rapid infrastructure development in 2025, led by a INR 273 crore expansion of its airport to accommodate 2,400 peak-hour passengers, with completion set for 2026. The airport also operates on an 8 MW solar power plant, supplying surplus energy to other Karnataka airports. Under the Smart Cities Mission, projects like the Tolankere Lake revival, Mahatma Gandhi Park upgrade, and Savari bike-sharing system have improved urban livability. The city earned the SKOCH Silver Award for municipal governance. Additionally, the revised Hubballi-Ankola rail project will boost coastal connectivity, reinforcing Hubballi's emergence as a key urban and industrial hub in Karnataka.Read more

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Mumbai Infrastructure: MMRDA clears Phase-1 of UVSL to ease congestion and link key growth hubs

09 May 2025

The Uttan-Virar Sea Link (UVSL) Phase-1, spearheaded by the Mumbai Metropolitan Region Development Authority (MMRDA), is progressing rapidly with a revised layout that promises to revolutionise northern Mumbai's infrastructure. Originally conceptualised as the Versova-Virar Sea Link, the project was reorganised into phases after being handed over from MSRDC to MMRDA in late 2022. The first phase, connecting Uttan to Virar, was approved for implementation earlier this week, while the second phase awaits feasibility clearance. With modern engineering features, international funding, and socio-economic benefits spanning connectivity, investment, safety, and sustainability, UVSL is poised to become a transformative link in the region.Read more

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Maharashtra leads with over 50,000 housing projects registered under MahaRERA

09 May 2025

Maharashtra has become the first state in India to register over 50,000 housing projects with the Maharashtra Real Estate Regulatory Authority (MahaRERA), which recently entered its 9th year. The state accounts for roughly 35% of India's total housing projects, with key districts like Pune, Thane, and Mumbai registering significant numbers. While Tamil Nadu and Gujarat follow, their numbers are far lower, with 27,609 and 15,322 projects, respectively. MahaRERA's role in regulating the sector and safeguarding homebuyers' interests has contributed to the rapid growth of the real estate market across Maharashtra.Read more

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Himachal Pradesh secures funding for 3,123 km of rural roads under PMGSY-III

08 May 2025

Himachal Pradesh has secured approval for the construction of 3,123 kilometres of rural roads and 43 bridges under the Pradhan Mantri Gram Sadak Yojana (PMGSY)-III, with a total cost of INR 3,345.81 crore. The state's Public Works Minister, Vikramaditya Singh, revealed that the expenditure under PMGSY for 2024-25 exceeded the allocated INR 650 crore, reaching INR 905 crore. As a result, the state has requested the Central Government to increase the allocation to INR 1,300 crore for the 2025-26 financial year. Efforts on PMGSY-IV are also progressing, with 1,115 habitations deemed eligible for development.Read more

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Delhi Airport reopens runway to ease congestion, ILS work to resume in June

08 May 2025

Delhi airport's runway RW 28/10, which was temporarily closed for maintenance, resumed operations earlier this week. The closure, initially intended for a longer duration to upgrade the Instrument Landing System (ILS), caused disruptions due to congestion and adverse weather conditions. As a result, the maintenance work has been paused, with plans to resume in mid-June. The airport authority, Delhi International Airport Ltd (DIAL), expressed confidence that the runway's reopening would streamline operations and improve passenger experience. The runway is expected to be closed again later this year after the peak tourist season.Read more

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Haryana Infrastructure: Hisar invests in aviation, smart city, and logistics infrastructure

08 May 2025

Hisar is emerging as a major infrastructure and industrial hub in Haryana, led by the INR 4,680 crore Maharaja Agrasen International Airport project, which is expected to attract INR 32,000 crore in investments and create over 10,000 jobs. Adjacent to the airport, a 3,000-acre Industrial Manufacturing Cluster under the Amritsar-Kolkata Industrial Corridor is also taking shape. Hisar's inclusion in the Smart Cities Mission, upcoming Multi-Modal Logistics Parks, and improved rail connectivity through the Haryana Orbital Rail Corridor are further driving growth. Together, these projects are set to transform Hisar into a modern, well-connected, and economically vibrant city in northern India.Read more

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Indore emerges as a model tier-2 city with major infrastructure upgrades

07 May 2025

Indore is emerging as a model for urban innovation with a INR 15,000 crore metro project at its core. The 124 km network's first phase-the 33.53 km Yellow Line-connects key hubs like Palasia, Rajwada, and the airport, with operations set for early 2025. The 713 km Hyderabad-Indore Expressway will enhance trade and connectivity by March 2025. Under the Smart Cities Mission, Indore has revamped Rajwada, installed digital control centers, and modernized civic services. Backed by a forward-looking 2024-2035 Master Plan, the city is integrating green corridors, zoning reforms, and EV mobility, positioning itself as a leading tier-2 smart city.Read more

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Bokaro upgrades transport, airport, and industrial capacity for future growth

07 May 2025

Bokaro is undergoing a major transformation in 2025 with infrastructure investments exceeding INR 20,000 crore. The Bokaro Steel Plant's capacity will rise from 5.25 to 7.55 MTPA through new facilities including a 4,500 m² blast furnace and advanced rolling units, creating over 12,000 jobs. Two additional greenfield steel units and a 3 lakh TPA downstream steel complex by BMW Industries are also planned. Upgrades to Bokaro Steel City railway station and development of Bokaro Airport under UDAN will boost regional connectivity. Sustainability is a key focus, with BSL adopting the GreenCo rating system to align with India's net-zero and Atmanirbhar Bharat goals.Read more

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Raipur-Dhanbad expressway and rail upgrades to reshape Coal Capital's future

06 May 2025

Dhanbad, India's "Coal Capital," is undergoing a major infrastructure revival with investments exceeding INR 32,000 crore. The Raipur-Ranchi-Dhanbad Expressway will cut travel time from 16 to 9 hours, connecting key industrial hubs by 2026. Railway upgrades include new lines, doubling key sections, and remodeling yards, totaling over INR 26,000 crore. The Sindri Fertilizer Plant is being revived with INR 6,000 crore to produce 1.27 million tonnes of urea annually. Dhanbad is also slated to be a major stop on the upcoming Varanasi-Howrah High-Speed Rail Corridor. Together, these projects aim to position Dhanbad as a modern, industrially advanced, and well-connected city in eastern India.Read more

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