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

Over 16 lakh households benefit from rooftop solar installations under PM Surya Ghar Scheme

The government's PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY), launched in early 2024, has successfully enabled rooftop solar installations in over 16.78 lakh households, with more than INR 9,280 crore disbursed as Central Financial Assistance. This initiative aims to reach one crore residential rooftop solar setups by 2026-27. The scheme effectively merged with the earlier Grid Connected Rooftop Solar Programme Phase-II, which had been active since 2019 and extended until March 2026. These efforts reflect a growing push toward renewable energy adoption at the household level across the country.Read more

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New Belasis Bridge in Mumbai to open by December 31, ahead of schedule

The new Belasis Bridge in Mumbai is set to open by December 31, 2025, ahead of its original deadline of April 2026. A 130-year-old British-era structure, the bridge was declared unsafe and demolished. The reconstruction, a joint project of the BMC and Western Railway, is now in its final stages. The new six-lane, cable-stayed bridge is designed to ease traffic congestion and improve connectivity between Nagpada and Tardeo, providing a much-needed upgrade to the city's aging infrastructure.Read more

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MMRDA begins dismantling BKC cycle tracks to ease traffic congestion

The Mumbai Metropolitan Region Development Authority (MMRDA) has begun dismantling cycle tracks in the Bandra-Kurla Complex (BKC) as part of a traffic management plan to ease severe congestion. The project, which involves removing a 9-kilometer stretch of tracks built in 2021 at a cost of nearly INR 60 crore, will convert existing 2+2 lane roads into 3+3 lanes. The decision, which will cost an estimated INR 25 crore to implement, was made after the tracks were found to be largely underutilized while traffic volume continued to swell, a situation exacerbated by the closure of the Sion bridge.Read more

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Mumbai Metro Update: Wadala-Kasarvadavli Metro Line 4 set for September trial runs

Deputy Chief Minister Shri Eknath Shinde has announced that trial runs for Mumbai Metro Line 4, from Wadala to Kasarvadavli, will begin in September, with commercial operations expected by year-end. Spanning 32.3 km and costing INR 14,500 crore, the line will have 32 stations and interchanges with Metro 2B, 5, and 6, boosting connectivity and reducing road congestion. The first phase, Wadala-Ghatkopar, is nearly complete, with track laying and system integration underway. Once fully operational, Line 4 is projected to carry over 8 lakh passengers daily, cutting travel time between south-central Mumbai and Thane and strengthening the city's metro network.Read more

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VMRDA unveils ambitious plan for theme-based townships in Visakhapatnam

The Visakhapatnam Metropolitan Region Development Authority initiated plans to develop four theme-based, self-sustaining townships covering about 500 acres. Each will focus on sectors such as IT and innovation, health and wellness, education and knowledge, or tourism and culture. Located near industrial hubs, the developments are aimed at encouraging a walk-to-work culture. A transaction advisor will be appointed to assess feasibility, structure funding models, and oversee the bidding process. The initiative is expected to generate major employment opportunities and attract significant domestic and international investments.Read more

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PM Modi launches Bengaluru Metro Yellow Line from RV Road to Bommasandra

The Prime Minister inaugurated Bengaluru's Yellow Line Metro, a 19 km stretch from RV Road to Bommasandra. The INR 7,160 crore project adds 16 stations and expands the city's operational metro network to over 96 km. Officials said the corridor will ease pressure on Hosur Road, Silk Board and Electronics City, with train intervals starting at 25 minutes and planned to be reduced to 10 minutes.Read more

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MMRDA installs 450-tonne steel span for Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has installed a 58-metre-long, 450-tonne steel span over the Pantnagar-Ghatkopar bus stand for Metro Line 4, completing the task in just two nights despite heavy rain, busy traffic, and limited space. Using high-capacity cranes, trailers, and other specialised equipment, over 100 workers and engineers, supported by traffic management teams, ensured safe execution. The Wadala-Kasarvadavali Metro Line 4 is now 84.5% complete. This milestone marks a major step toward enhancing connectivity and cutting travel times across the Mumbai Metropolitan Region, with MMRDA crediting government agencies for their cooperation in delivering the challenging operation.Read more

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Ahmedabad civic body proposes major road expansions impacting residential properties

Earlier this week, the Ahmedabad Municipal Corporation revealed plans to widen and open more than two hundred roads across the city, affecting approximately 8 767 properties. Works are set to commence in the coming days on just over one hundred roads spread across five zones. It was stated that residents possessing proof of occupancy before 2010 would receive alternative arrangements, while legally acquired properties would be compensated. Those residing in unauthorised structures were informed that no compensation would be awarded.Read more

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Maharashtra invests in modern land-survey infrastructure and technology

Maharashtra's government approved a substantial investment to upgrade land survey operations and bolster revenue department facilities. It was indicated that over INR 1,700 crore would be allocated, with a portion dedicated to acquiring advanced rovers to accelerate digital land surveying under the e-Survey 2.0 initiative. At the same time, the remainder is earmarked for the construction of new office premises and residences for officials. The aim is to enhance efficiency, ensure more accurate land record processing, and provide timely digital access to land maps for citizens.Read more

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SMP Kolkata Port to cut vessel turnaround time with new upgrades

The Syama Prasad Mookerjee Port in Kolkata is implementing measures to cut vessel turnaround time from five to four days within a year. Chairman Rathendra Raman announced upgrades including eight mobile harbour cranes, floating cranes at Sagar Island, and night navigation to improve efficiency. Dredging is underway to boost draft levels, while new lock gates will ease congestion at Kolkata and Haldia ports. Capacity is set to rise from 87.5 million tonnes by an additional 30 million. Warehousing projects under the Sagarmala framework, along with the upcoming Balagarh facility, aim to enhance cargo handling, reduce delays, and strengthen the region's maritime connectivity.Read more

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