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

Kerala approves INR 17.31 crore for Seaport-Airport Road Phase II stretch

The Kerala government has sanctioned INR 17.31 crore for the 600-meter HMT-NAD stretch under the second phase of the Seaport-Airport Road project. The Roads and Bridges Development Corporation of Kerala (RBDCK) will issue tenders once technical approvals are completed. Land acquisition for this section and the 6.5 km NAD-Mahilalayam stretch is progressing, with compensation for 90% of the 529 landholdings expected soon. Earlier allocations include INR 32.26 crore for the NAD section and INR 569.34 crore from KIIFB for land acquisition, aiming to improve connectivity to Kochi airport and ease traffic congestion.Read more

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Jammu and Kashmir CM inaugurates INR 36.50 crore sports, power, and road projects in Ganderbal

Jammu and Kashmir Chief Minister Shri Omar Abdullah inaugurated and laid the foundation for development projects worth INR 36.50 crore in Ganderbal district. The initiatives cover sports infrastructure, power supply, and road connectivity, aiming to enhance local facilities and improve daily life for residents. Key projects included stadium upgrades, new playfields, a 33/11 kV power receiving station, synthetic athletic tracks, and multiple road construction and upgradation works. These efforts highlight the government's focus on strengthening infrastructure and promoting balanced regional development in Ganderbal.Read more

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Mattancherry Water Metro terminal to enhance connectivity in Kochi

The Mattancherry Water Metro terminal in Kochi is scheduled for inauguration in the second week of October, fulfilling a long-standing demand of local residents. The project began in 2019 but faced significant delays due to a non-performing contractor and issues in connecting high-tension electricity to the terminal. Local authorities resumed work under a new contractor after public protests. Plans are also underway to introduce feeder bus services linking Mattancherry and Fort Kochi, improving accessibility for both tourists and residents.Read more

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Delhi government sets eight-month deadline to complete Barapullah Phase-III flyover

The Delhi government has set an eight-month deadline to complete the long-delayed Barapullah Phase-III flyover, which will connect Mayur Vihar-I in East Delhi with AIIMS in South Delhi. Initiated in 2015, the project has faced repeated delays due to land acquisition issues, environmental approvals, flooding, and coordination challenges among departments. With 333 trees cleared, transplanted, or pruned, and remaining construction work underway, the elevated corridor is expected to ease traffic congestion, provide better connectivity, and reduce commute times, benefiting thousands of daily travelers across the city.Read more

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DGCA grants aerodrome licence to Navi Mumbai airport ahead of operations

Navi Mumbai International Airport has received its aerodrome licence from the Directorate General of Civil Aviation, enabling the project to move towards operational readiness. The licence was issued after the airport met regulatory and safety requirements. Developed by Adani Group and CIDCO in five phases, the airport's first stage is expected to serve 20 million passengers a year and handle 0.5 million metric tons of cargo. With this approval, NMIA becomes the second airport for the Mumbai Metropolitan Region, with inauguration expected soon.Read more

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India clears path for INR 28,000 crore hydro projects in J&K

India is advancing four major hydropower and reservoir projects in Jammu & Kashmir after the Indus Water Treaty with Pakistan was suspended. The projects-930 MW Kirthai, 240 MW Uri-II Stage II, 2130 MW Dulhasti Stage II, and the Tulbul navigation project-aim to increase storage and power generation on the Chenab and Jhelum rivers. Developed by NHPC and JKSPDC, the initiatives involve design changes, civil works tenders, and feasibility studies. Estimated costs range between INR 8,000 crore and INR 28,000 crore. These projects also align with India's wider push to expand renewable energy and strengthen water infrastructure in the region.Read more

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Several Metro 6 piers removed as depot alignment is revised for smoother operations

Several piers of the Metro 6 corridor were removed after the depot entry alignment was revised, as MMRDA plans to implement a temporary siding for initial operations by 2026. The depot site is involved in ongoing legal disputes over ownership between the Central government and a private party. MMRDA has awarded a INR 2,269-crore contract to NCC for trains, signalling systems, and platform screen doors. The depot will include stabling lines, workshops, an operations centre, and washing facilities. Once operational, Metro 6 will provide a crucial east-west connection in Mumbai.Read more

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UP government sanctions INR 1,187 crore for Varanasi water and sewer projects

The Uttar Pradesh government has approved INR 1,187 crore for infrastructure development in Varanasi, targeting sewerage and water supply systems. This funding will cover 18 wards, including the recently merged areas of Ramnagar and Sujabad. The projects are designed to enhance sanitation, provide safe drinking water, and improve overall living conditions for over seven lakh residents. Key constituencies benefiting include Varanasi Cantt, City South, City North, and Rohaniya. The phased implementation aims at addressing critical urban infrastructure gaps effectively.Read more

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Mizoram CM reviews highway projects, seeks urgent repairs on key routes

Mizoram Chief Minister Shri Lalduhoma has urged the National Highways & Infrastructure Development Corporation Limited (NHIDCL) to speed up repairs and adopt rigid pavements on key highways, particularly the Aizawl-Vairengte route, due to severe damage. He emphasized the urgency of timely repairs during the Contractor Liability Period and recommended that completed bypasses be handed over to the State Public Works Department (PWD) for maintenance. Additionally, he highlighted the collapse of Thingfal's Mamte 'T' Baptist Church, allegedly caused by road-cutting activities, and called for quick action.Read more

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PM Modi urges bureaucrats to accelerate delayed infrastructure projects

Prime Minister Shri Narendra Modi has called on top bureaucrats and state chief secretaries to take immediate action on stalled infrastructure projects rather than waiting for his intervention. During a Pragati meeting, he stressed that delays escalate costs and deprive citizens of essential services. Officials were encouraged to adopt state-level review mechanisms and ensure better coordination across agencies. Projects such as the 83-km Nangal Dam-Talwara-Mukerian railway line in Punjab and the North Koel Reservoir in Bihar and Jharkhand were discussed, highlighting decades-long delays. Modi emphasized result-oriented approaches to improve citizens' quality of life.Read more

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