Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Asset class : Infrastructure

Navi Mumbai intensifies dust-control drive, cleans 50 km of roads to improve winter AQI

The Navi Mumbai Municipal Corporation has launched a special dust-control and road-cleaning drive to address rising winter pollution. Acting on Commissioner Dr. Kailas Shinde's instructions, ward-level engineering and sanitation teams began intensive cleaning on 25 November. The operation includes mechanical brushing, debris removal, road-washing with processed water and footpath cleaning. Over 50 tonnes of dust and debris have already been cleared from 52 major roads covering more than 50 km. Key corridors such as Palm Beach Road, Thane-Belapur Road and the Turbhe APMC stretch have received priority cleaning. With jetting machines, sweepers, foggers and 250 workers deployed daily, the campaign also enforces pollution norms at construction, quarry and RMC sites, contributing to improved AQI levels.Read more

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India's road deaths rise to 1.77 lakh in 2024, highlighting urgent safety gaps

India recorded more than 1.77 lakh road accident deaths in 2024, reflecting a 2.3% increase from the previous year, according to information shared with Parliament. The data showed that an average of 485 people lost their lives every day. The government highlighted global targets under the Stockholm Declaration, which aims to reduce road deaths and injuries by 50% by 2030. Police records from 2023 had already indicated a high accident burden, with over 4.80 lakh accidents, 1.72 lakh deaths, and nearly 4.63 lakh injuries. India's fatality rate also remained higher than China but lower than the United States.Read more

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Tata Power-DDL marks IDPWD with assistive device distribution for persons with disabilities

Tata Power Delhi Distribution Limited (Tata Power-DDL) marked the International Day for Persons with Disabilities by hosting an Aids & Appliances Distribution Ceremony on 2 December 2025 at its Hudson Lane headquarters. Organised with Viklang Sahara Samiti Delhi, the event supported the IDPWD theme of fostering disability-inclusive societies by providing motorised and manual tricycles, walkers, crutches, hearing aids, white canes and wheelchairs. These aids aim to enhance mobility, independence and daily comfort for beneficiaries. Senior leadership, including CEO Dwijadas Basak, attended the ceremony. Basak noted that true inclusion begins with empowering individuals through tools that support equal participation in society.Read more

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BEML enters strategic tie-ups to strengthen India's maritime manufacturing ecosystem

BEML Ltd has announced two key agreements aimed at improving financial access and technological capabilities in India's maritime manufacturing sector. The first pact, signed with Sagarmala Finance Corporation Limited (SMFCL), focuses on enabling dedicated funding support for domestic maritime production, in line with the Centre's push for greater self-reliance. In another agreement, BEML partnered with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries to jointly design, develop, and manufacture next-generation conventional and autonomous port cranes. The collaboration also covers after-sales services, spare parts, and training support.Read more

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Patna starts four-lane road over covered drain to boost connectivity and cut congestion

Work has begun on a 4.26 km, four-lane road over the Rajiv Nagar-Kurji drain in Patna, aimed at easing traffic for over 2 lakh residents. The project includes converting the open drain into a covered box drain and constructing a wide road with footpaths, street lighting, and drainage infrastructure. Contracted at INR 149.5?crore, it will connect key localities including Rajiv Nagar, Mahesh Nagar, Indrapuri, and Patel Nagar, addressing congestion, waterlogging, and sanitation challenges. Completion is expected within two years.Read more

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Mumbai to open first stretches of Metro Lines 9 and 2B on December 31

Mumbai will open the first sections of two major metro lines on December 31. The debut stretches include part of Metro Line 9 between Dahisar East and Kashigaon, and a 5.3 km segment of Metro Line 2B from Diamond Garden to Mandale. Line 9, a 13.58 km elevated extension of Line 7, is awaiting safety clearance, while Line 2B is undergoing trial runs. Both sections are expected to be inaugurated by Prime Minister Narendra Modi. MMRDA plans to open the next phase of Line 2B by next summer, leaving only the central portion pending. The launches are expected to ease congestion and strengthen suburban connectivity within Mumbai's expanding metro network.Read more

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Gujarat Pipavav Port and NYK India partner to boost Ro-Ro infrastructure

Gujarat Pipavav Port Ltd (GPPL) has signed a memorandum of understanding with NYK India Private Limited to upgrade its roll-on/roll-off (Ro-Ro) infrastructure. The collaboration aims to enable the port to handle up to 500,000 cars annually, bolstering India's vehicle-export capacity - including electric vehicles - and improving vessel-to-rail coordination. With this, Pipavav is set to strengthen its position as a key automotive logistics hub on India's west coast, aligning with recent expansions and rising cargo throughput. The move reflects growing demand for efficient vehicle exports and integrated multimodal connectivity.Read more

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Chhattisgarh clears INR 429.45 crore for new urban infrastructure projects across 13 civic bodies

Chhattisgarh has approved INR 429.45 crore for 26 urban infrastructure projects across 13 municipal corporations under the first phase of the Mukhyamantri Nagarotthan Yojana. The funding covers a wide set of works, including lake development, marine-drive expansion, new bus terminals, road upgrades, park creation, water-supply improvement and mobility corridors. Raipur, Raigarh and Bilaspur received the highest allocations. Work orders and foundation-stone activities have already begun for several projects. The state has also set up district-level monitoring committees to supervise progress and maintain quality.Read more

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Northeast emerges as India's gateway to Southeast Asia with major infra upgrades

India's northeastern region is transforming into a logistics and cultural gateway to Southeast Asia, driven by major infrastructure improvements across rail, road, air, and waterways. Broad-gauge rail lines now connect previously isolated areas, cross-border links with Bangladesh strengthen regional trade, and air connectivity has expanded from nine to 19 airports, including new greenfield airports under UDAN. Multimodal infrastructure and integrated check-posts are positioning the region as a key corridor for trade, mobility, and cultural exchange, turning it into an emerging growth engine for India.Read more

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India to phase out toll booths next year as FASTag-ANPR tech enables free-flow tolling

India is moving toward a barrier-free tolling model that will replace traditional toll booths within a year. The road transport minister informed Parliament that the new electronic system is already running at 10 plazas and will be expanded nationwide. It uses the NETC platform along with FASTag, automatic number-plate recognition and AI-based monitoring to allow vehicles to pass without stopping. The ministry also highlighted that around 4,500 highway projects worth nearly INR 10 lakh crore are in progress, reflecting a wider effort to modernise national road infrastructure.Read more

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Karnataka approves higher expenditure for Invest Karnataka 2025 summit and new skill labs

Karnataka has increased the expenditure for the Invest Karnataka 2025 summit to INR 100.70 crore to cover additional infrastructure and investor support requirements. The government will release INR 25.70 crore under the 2025-26 Export and Trade Promotion scheme to meet pending and extra costs. The state has also approved RGUHS's plan to set up advanced skill labs in six cities at INR 452.89 crore, funded entirely by the university. Additionally, 19 new Morarji Desai Residential Schools will be built at INR 304 crore, while plans for land acquisition in Bengaluru Rural have been dropped after public protests.Read more

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Railway work stalls as Himachal fails to release INR 1,843 crore share for new line

The Bhanupalli-Bilaspur-Beri rail project in Himachal Pradesh has been halted because the state government has not released its committed INR 1,843 crore share. The central government has already spent INR 5,252 crore and completed most land acquisition, but further construction cannot proceed without the state's contribution. The Ministry of Railways recently conveyed that this delay also affects progress on the planned Bilaspur-Manali-Leh strategic rail corridor. Related projects in the region, including parts of the Nangal Dam-Talwara-Mukerian line, are also facing delays due to pending state support.Read more

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Ferrovial eyes more US airport projects as JFK's New Terminal One advances

Ferrovial is exploring more opportunities at US airports as work advances on its USD 9.5-billion New Terminal One project at New York's JFK Airport. CEO Ignacio Madridejos told the Reuters NEXT conference that, despite softer demand expected in 2025 due to inflation and policy uncertainty under President Donald Trump, the company remains confident in long-term air travel growth. The JFK terminal will open in phases from 2026, and Ferrovial sees New York as a uniquely strong market. Its highways division also posted a 14% revenue rise to EUR 1 billion in the first nine months of 2025. Madridejos said public-private partnerships will continue driving US infrastructure development.Read more

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Northern Railways resumes narrow-gauge services in Kangra Valley after repair work

Northern Railways has resumed the narrow-gauge train services in Himachal Pradesh's Kangra Valley after they remained suspended due to heavy rainfall and landslides earlier this year. The restored operations include two train pairs between Baijnath Paprola and Kangra, and one pair between Baijnath Paprola and Joginder Nagar. Railway officials confirmed that repair work along the damaged stretches has been completed, allowing movement to restart safely. The resumption is expected to support daily travel for local residents and help tourism-related activity recover in the region.Read more

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New traffic plan to ensure smooth two-way movement on Jammu-Srinagar Highway

A revised traffic plan has been put in place on the Jammu-Srinagar National Highway to maintain two-way movement while construction on the Ramban flyover continues. The plan was cleared after DIG Jammu Traffic Range Mohd Haseeb Mughal inspected the stretch between Nachlana and Hingni along with teams from the National Highways Authority of India and the traffic police. Officials reviewed the disruptions caused by ongoing work and finalised measures such as stricter enforcement, updated road markings and installation of warning signage at critical points to keep movement steady on the key corridor.Read more

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Government updates highway contract rules to reduce risks for private investors

The government has updated its highway contract rules to make toll-based projects more secure for private investors and lenders. The new framework introduces revenue support when traffic stays below projections, extensions in toll-collection periods to offset demand shortfalls, and reductions in tolling periods when traffic exceeds expected levels. It also allows project buyback if a road becomes over-utilised and ensures debt repayment through concessionaire substitution in case of default. These changes aim to reduce demand-related risks and revive private participation in national highway development.Read more

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Mumbai's metro expansion and coastal road upgrades reshape suburban real estate dynamics

Mr Aditya N Shah, Director, Mayfair Housing

Mumbai's ongoing infrastructure overhaul has significantly altered suburban growth patterns, with metro corridors and coastal road projects reshaping daily mobility and influencing real estate activity across the city. Over the past two years, the rapid expansion of the metro network-most notably Lines 2A, 7, and the recently added Aqua underground corridor-has sharply reduced commuting time between the western suburbs and South Mumbai. Improved accessibility has attracted professionals and families to suburbs such as Andheri, Goregaon, Chembur, and the Bandra-Khar-Santacruz belt, fuelling demand, capital appreciation, and enhanced lifestyle choices in emerging transit-oriented districts.Read more

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Dum Dum Cantonment metro strengthens connectivity as new suburban services begin

Dum Dum Cantonment Metro station has become an important interchange point after Eastern Railway introduced a new suburban service to Bangaon and extended the Hasnabad-Barasat local to this station. These changes, which took effect during the past week, now allow Metro passengers to shift directly to suburban trains without travelling to Sealdah. The updated timetable includes an evening Bangaon local at 8:05 pm and an extended EMU arriving at 7:51 pm. The interchange is expected to reduce crowding, shorten travel time, and support smoother peak-hour travel.Read more

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Panvel emerges as the pivotal gateway shaping Mumbai's next phase of urban expansion

Mr. Samyag M. Shah, Director of Marathon Nextgen Realty Ltd, CREDAI - MCHI Youth wing - Convenor

Panvel is fast becoming the strategic launchpad for Mumbai 3.0, evolving from a peripheral township into a central urban node shaped by major infrastructure investments. Anchored by the upcoming Navi Mumbai International Airport (NMIA) and the vast Karnala-Sai-Chirner New Town, the region is witnessing a shift in development momentum. Improved access through Atal Setu and multiple expressways, along with upcoming metro lines, has positioned Panvel as a highly connected micro-market. With over INR 56,000 crore earmarked for infrastructure and large developers executing city-scale projects, Panvel is transitioning into a structured, future-ready extension of the Mumbai Metropolitan Region.Read more

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Bhopal Metro to start operations on Dec 13 with a week of free rides

The Bhopal Metro is set to begin operations on December 13, starting with the Subhash Nagar to AIIMS corridor. Prime Minister Narendra Modi will flag off the service, followed by a week of free rides for residents. The metro has received all required regulatory approvals, and fares will start from INR?10 after the free period. Trains will run from 8?AM to 8?PM, initially with two three-coach trains. The design emphasizes accessibility, including braille-enabled coaches and seating for differently-abled passengers, providing a safe, fast, and modern commuting option.Read more

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