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%

Infrastructure News

Awfis debuts 47,694 sq ft flexible workspace in Lucknow's Gomti Nagar

Awfis Space Solutions Limited, India's only listed flexible workspace provider, has launched a 47,694 sq ft centre in Lucknow's Gomti Nagar, a key business hub. Located in a Grade-A development near Indira Nagar Metro Station, the centre offers collaborative and private workspaces equipped with modern IT infrastructure and amenities like a lounge, Awfis Cafe, and meeting rooms. Chairman Amit Ramani emphasized Lucknow's growing IT and business appeal, driven by infrastructure advancements and government support. With hybrid work models gaining traction, Awfis' entry into Lucknow aims to meet rising workspace demand while contributing to the city's economic and entrepreneurial growth.Read more

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Goa government pushes forward with metro proposal, new infrastructure plans for education

The Goa government is in the process of planning a metro train system and has already prepared a proposal, with discussions underway with Indian Railways and central authorities. Chief Minister Pramod Sawant shared this update at the Young Leaders Conclave. Additionally, Sawant highlighted the state's growing IT sector, with 50 to 60 companies operating in Goa, and the idea of creating an IT hub. Other plans include the reconstruction of Panaji and Mapusa bus stands, and new infrastructure for architecture, music, and pharmacy colleges near Goa University. Further, nursing students will be encouraged to pursue higher studies under the CM apprenticeship scheme.Read more

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CS Tech AI secures contract for Wainganga-Nalganga River-Linking project

CS Tech AI, formerly Ceinsys Tech Limited, has secured an INR 381.18 crore contract for the Wainganga-Nalganga River-Linking Project in Maharashtra. This initiative addresses water distribution challenges across seven districts, including Nagpur and Amravati. The project spans 485 kilometers, linking the Wainganga and Nalganga rivers, with an estimated cost exceeding INR 85,000 crore. CS Tech AI will employ advanced technologies such as aerial LiDAR and photogrammetry to enhance efficiency. Partnering with Nippon Koei India, the company will lead design, surveys, and cost planning. This milestone aligns with its rebranding, reinforcing its global presence and expertise in geospatial and infrastructure solutions.Read more

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Noida Authority targets unauthorised construction in New Noida amid 20,911-hectare industrial city project

The Noida Authority is intensifying efforts to curb unauthorised construction across 80 villages within the Dadri-Noida-Ghaziabad investment region (DNGIR), also known as New Noida. CEO Lokesh M emphasized demolishing illegal structures following the October 2024 approval of the New Noida master plan. Warning boards and advertisements are being deployed to raise awareness. The industrial city, spanning 20,911 hectares, will develop in four phases over two decades, starting with 3,165 hectares by 2027. Authorities are working with farmers and village heads on land acquisition plans near key infrastructure. This proactive approach aims to balance development needs with local community interests.Read more

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Mumbai's Shantivan Gardens reopens as "The Nest" showcasing urban biodiversity

Malabar Hill's Shantivan Gardens, now renamed "The Nest," is set to reopen by month's end, offering a revitalized urban green space focused on biodiversity and sustainability. Featuring 8,000 new plants, 350 species-including 200 native ones-and thematic zones for butterflies, birds, and medicinal plants, the garden promotes ecological balance. Infrastructure upgrades include a central gazebo, a stream, QR-coded plant details, and eco-friendly pathways. Executed by The Heritage Project, BMC, and corporate partners like Zensar Technologies, this initiative aligns with Mumbai's green corridor vision. "The Nest" exemplifies sustainable urban development, fostering community engagement and enhancing the city's green footprint.Read more

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Thane's multi-modal transit hub awaits completion as overbridge project lags behind

The long-awaited overbridge at Thane railway station, part of the Station Area Traffic Improvement Scheme (SATIS), remains incomplete, inconveniencing commuters and delaying integration with Metro 5 and 9 lines. Designed to ease congestion and streamline connectivity between east and west Thane, the project includes a mezzanine level for parking and commercial spaces. Delays stem from pending railway clearances and construction challenges, particularly near live tracks and the new Platform 10A. Despite setbacks, civic officials are optimistic about completion, emphasizing the project's potential to enhance multi-modal transit and reduce travel time, making Thane a key transport hub in the Mumbai Metropolitan Region.Read more

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Mumbai: BMC to construct two roads near Malad station to ease traffic congestion

The Brihanmumbai Municipal Corporation (BMC) plans to build two new roads connecting S V Road and Anand Road near Malad railway station to alleviate traffic congestion. Spanning 9-15 meters in width, the roads aim to streamline traffic flow and reduce travel time for over 8,000 hourly commuters. Encroachments along the proposed routes will be cleared legally. Complementary road-widening measures are also being considered to enhance connectivity. Construction is set to begin soon, with completion expected within three to four months. This initiative reflects the BMC's broader strategy to improve urban mobility and address bottlenecks in Mumbai's busiest areas.Read more

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Andhra Pradesh CM Naidu outlines revival plan for real estate sector

At a real estate conference, Andhra Pradesh Chief Minister N. Chandrababu Naidu outlined his vision for revitalizing the state's real estate sector. Emphasizing the need for a robust construction policy, Naidu tasked Municipal Minister P. Narayana with drafting India's best real estate framework. The plan includes a streamlined permit dashboard, deemed approvals for delayed applications, and adopting successful policies from other regions. Naidu also urged developers to avoid unauthorized construction and integrate technologies like AI for efficiency. Highlighting urban development beyond metropolitan areas, Naidu aims to position Andhra Pradesh as a premier real estate investment destination through innovation and proactive governance.Read more

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Andhra Pradesh to host India's largest green hydrogen hub under NTPC initiative

Prime Minister Narendra Modi recently inaugurated and laid the foundation for multiple landmark projects in Andhra Pradesh, totalling investments exceeding INR 2 lakh crore. These initiatives include India's largest green hydrogen hub, the South Coastal Railway Zonal Headquarters, and the Krishnapatnam Industrial Node. Notably, the bulk drug park in Nakkapalli and the Krishnapatnam Industrial Area are set to create significant employment opportunities and promote economic growth. These ventures aim to enhance connectivity, boost Andhra Pradesh's infrastructure, and position it as a key economic player in India's economy.Read more

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Pune sees 78% rise in high-rise building approvals in 2024 amid infrastructure concerns

The Pune Municipal Corporation (PMC) approved 16 high-rise projects in 2024, a 78% increase from 2023, marking the highest approvals since 2016. Defined under the UDCPR as buildings over 24 meters tall, some of these new projects reach up to 160.45 meters and are concentrated in areas like Balewadi, Kharadi, and Bopodi. While urban planners support vertical growth for urban densification, concerns remain about strained infrastructure. PMC officials emphasize rigorous scrutiny and improved infrastructure, including twin water pipelines, but residents fear increased traffic and water shortages. The PMC must balance urban growth with essential infrastructure to ensure sustainable development.Read more

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