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

Mumbai Metro gears up for the monsoon with robust safety and service measures

The Maha Mumbai Metro Operation Corporation Limited (MMMOCL) has implemented a comprehensive monsoon preparedness strategy for Metro Lines 2A and 7 to maintain uninterrupted services and ensure commuter safety throughout the season. Under the leadership of MMRDA Chairman and Deputy CM Shri Eknath Shinde, Chief Minister Shri Devendra Fadnavis, and Metropolitan Commissioner Dr. Sanjay Mukherjee, the initiative includes technical inspections, safety reinforcements, infrastructure upgrades, and real-time monitoring. Field-level execution has also been strengthened with nodal officers, dewatering pumps, traffic management personnel, and a dedicated monsoon control room functioning round-the-clock.Read more

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YEIDA launches 206-acre tech hub near Noida International Airport, aims to boost electronics manufacturing

YEIDA has initiated plans to develop a INR 450 crore tech-hub across 206 acres in Sector-10, near Noida International Airport. Backed by INR 144 crore from the Centre under the EMC 2.0 scheme and INR 340 crore from YEIDA, the hub is set to be completed by January 31, 2028. Havells, the anchor-unit, will invest INR 800 crore on a 50-acre plot to manufacture electrical-goods, creating 1,000 jobs in its first-phase. The project is expected to generate 31,000 jobs in total. The remaining land will host 66 industrial-plots, with 39 acres reserved for roads, green-belts, and infrastructure.Read more

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Ghaziabad Development Authority approves master plan, focusing on Transit-Oriented Development

The Unified Master Plan 2031 for Ghaziabad has been approved by the GDA board, marking a key step in the city's development. The plan spans 33,543.1 hectares and supports Transit-Oriented Development along rapid rail, metro lines, and expressways. Key features include mixed-use zones, a Special Area Development near Duhai, and a revised Madhuban Bapudham layout. The PAHAL portal was launched for property-related services. INR 2,384 crore (USD 286 million) was allocated for acquiring land for the Harnandipuram township, with revised compensation rates. Officials believe these steps will enhance infrastructure, improve urban living, and drive Ghaziabad's planned and sustainable growth.Read more

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Uttar Pradesh commits INR 8,000 crore to transform Agra and Kanpur into global leather hubs

The Uttar Pradesh government has pledged an investment of INR 8,000 crore to establish two state-of-the-art leather footwear parks in Agra and Kanpur. Aimed at modernising the sector, the initiative is expected to support MSMEs, scale up production, and strengthen exports. The parks, with a combined area of 300 acres, are already under development. This move is aligned with the government's broader push to double leather exports and foster a globally competitive manufacturing ecosystem, while encouraging private investment and sustainable practices in the leather value chain.Read more

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Maharashtra drafts integrated parking policy to curb urban congestion

In an effort to combat growing vehicular congestion across Maharashtra, the State Transport Department has initiated work on a comprehensive parking policy. The proposed framework is expected to mandate vehicle buyers to show proof of available parking space before registration. Discussions were recently held between Transport Minister Pratap Sarnaik, officials from the Mumbai Metropolitan Region Development Authority (MMRDA), municipal corporations, and senior transport authorities to shape this initiative. The state has also directed municipal bodies to utilise government-owned public spaces for parking to alleviate the burden on city infrastructure.Read more

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NHAI cracks down on KNR Constructions after NH-66 embankment collapse in Kerala

Following the recent failure of a reinforced earth wall on the Ramanattukara-Valanchery stretch of NH-66 in Kerala, the National Highways Authority of India (NHAI) has taken swift punitive measures against KNR Constructions Ltd. The firm, which was the concessionaire for the nearly completed project, has been barred from participating in current and future bids. The project's embankment had reportedly collapsed earlier this week, prompting a thorough investigation. Initial findings indicate negligence on the part of the contractor. The project consultant and several key officials have also faced suspensions, with further guidelines expected to prevent similar failures in future highway projects across the state.Read more

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MMRDA gears up to ensure seamless Metro rides and infra works during monsoon

The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a comprehensive action plan aimed at maintaining uninterrupted Metro services and safeguarding infrastructure works across the MMR during the monsoon season. Key initiatives include a 24x7 Disaster Control Room, enhanced safety and surveillance systems, and proactive inspections of Metro infrastructure to address rain-related challenges. Measures such as sealing train roofs, inspecting drainage, and deploying emergency teams have also been implemented. The authority has also prioritised rapid response protocols, including CCTV surveillance and flood-level tracking, to ensure commuter safety during emergencies.Read more

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Adani Group commits INR 50,000 crore investment to North East India over next decade

At the Rising NorthEast Investors Summit, Gautam Adani announced a fresh INR 50,000 crore investment across Northeast India over the next decade doubling the Adani Group's earlier commitment to Assam. The new investment will focus on green energy, power transmission, roads, digital infrastructure, and logistics, alongside community-driven initiatives like skilling and entrepreneurship. Adani emphasized inclusive growth aligned with the national vision of Viksit Bharat 2047. He credited PM Modi's proactive development push marked by INR 6.2 lakh crore in regional investment since 2014 as the catalyst for the region's transformation. The initiative underscores public-private collaboration and the Northeast's rising prominence in India's growth story.Read more

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MMRDA to fine metro contractors for labour shortages to speed up project delivery

The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a strict penalty policy to address labour shortages and fast-track metro construction. Effective immediately, contractors will face fines of INR 1 lakh per day for workforce shortfalls between 25�50%, and INR 2 lakh per day if the deficit exceeds 50%, with no exceptions or prior notice. These penalties are in addition to existing fines for project delays and will be enforced across key metro corridors set to be commissioned by year-end, including Lines 2B, 4, 4A, and 9. MMRDA officials will conduct regular site audits and review consultant reports to monitor compliance, as the authority aims to curb persistent manpower issues that have historically hampered metro progress.Read more

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Gorakhpur expressway launch marks next phase in UP�s highway expansion drive

Uttar Pradesh has operationalised the Gorakhpur Link Expressway, its seventh expressway, developed at an investment of INR 7,283 crore. This 91.35 km stretch links Gorakhpur to districts including Azamgarh and significantly strengthens the state's share in India�s expressway network, raising it from 38% to 42%. With over 1,200 km of access-controlled expressways now within its borders, UP leads nationally. The expressway was built partly on land acquired from 22,000 farmers and is projected to transform the socio-economic fabric of the Purvanchal region.Read more

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MMRDA to fine metro contractors for labour shortages to speed up project delivery

The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a strict penalty policy to address labour shortages and fast-track metro construction. Effective immediately, contractors will face fines of INR 1 lakh per day for workforce shortfalls between 25�50%, and INR 2 lakh per day if the deficit exceeds 50%, with no exceptions or prior notice. These penalties are in addition to existing fines for project delays and will be enforced across key metro corridors set to be commissioned by year-end, including Lines 2B, 4, 4A, and 9. MMRDA officials will conduct regular site audits and review consultant reports to monitor compliance, as the authority aims to curb persistent manpower issues that have historically hampered metro progress.Read more

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Gorakhpur expressway launch marks next phase in UP�s highway expansion drive

Uttar Pradesh has operationalised the Gorakhpur Link Expressway, its seventh expressway, developed at an investment of INR 7,283 crore. This 91.35 km stretch links Gorakhpur to districts including Azamgarh and significantly strengthens the state's share in India�s expressway network, raising it from 38% to 42%. With over 1,200 km of access-controlled expressways now within its borders, UP leads nationally. The expressway was built partly on land acquired from 22,000 farmers and is projected to transform the socio-economic fabric of the Purvanchal region.Read more

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