21 Dec 2023

The National Highways Authority of India (NHAI) has achieved a significant milestone by successfully awarding Toll, Operate, and Transfer (TOT) bundles 13 and 14, covering a combined stretch of 273 km, for Rs 9,384 crores. This accomplishment brings the total TOT bundles awarded in the current fiscal year to an impressive Rs 15,968 crore, surpassing the fiscal monetization target of Rs 10,000 crores set for 2023-24. The Ministry of Road Transport and Highways highlights that the TOT model, fostering private participation in the highway sector, continues to play a pivotal role in advancing the nation's road network development.Read more

19 Dec 2023

The Kanpur Development Authority (KDA) has informed private tenants about its plan to acquire their land for the development of the New Kanpur City township. KDA officials held a meeting with tenants, requesting their consent for selling the land to facilitate the scheme. The purchase will be at the prevailing Arrent DM circle rate, with payment transferred directly to farmers' accounts through RTGS. The New Kanpur City initiative spans over 150 hectares between Mainawati Marg and Kalyanpur-Bithoor Road. The state government has allocated Rs 200 crore for the effective implementation and development of new cities under the Chief Minister Urban Expansion/New Cities Promotion Scheme.Read more

16 Dec 2023

PWD Minister Ravindra Chavan has proposed upgrading poorly maintained roads in integrated townships like Palava City and Casa Rio, developed by the Lodha Group, to district roads. This effectively enables the state government to allocate funds for their reconstruction. The finance department has approved Rs18.50 crore for road reconstruction. Improving the roads has been a long-standing demand as pothole-ridden roads affect thousands of residents in the township. This decision aligns with the government's commitment to improving infrastructure in the townships, with the Kalyan-Dombivli Municipal Corporation previously granting a 66% property tax concession to flat owners in Palava City.Read more

16 Dec 2023

The Haryana Urban Development Authority completed a drone survey of 619 slums, laying the foundation for rehabilitation and addressing issues in Indira Colony, Rajiv Colony, and Kharak Mangoli. Huda Chief Administrator T. L. Satyaprakash assured prompt rehabilitation, prioritized slums, and granted Supreme Court relief. In a separate evaluation, a multi-feature park in Sector 24, Panchkula, aims for completion by June 2024. Featuring unique attractions like a maze, meditation garden, skating rink, and solar tree-based charging station, the park seeks international recognition. Superintendent Engineer A.K. Rana oversees coordination, ensuring the park meets global standards while contributing to Panchkula's cultural landscape.Read more

15 Dec 2023

The National Highways Authority of India (NHAI) has expanded the list of highways for monetization in the third round of Infrastructure Investment Trust (InVIT). Adding five new stretches, the total length now stands at 1,029 km, up from the initial 580 km. These highways will be offered to the National Highways Infra Trust. The move is part of NHAI's plan to achieve a monetization target of Rs 10,000 to Rs 15,000 crore for the fiscal year 2023-24 through InVIT, contributing to the overall target of Rs 45,000 crore. Notably, the revised list includes stretches initially identified for the fourth round of InVIT.Read more

14 Dec 2023

The Maharashtra State Road Development Corporation (MSRDC) has issued tenders for leasing 50 acres near Amane in Thane to establish an international cricket stadium and coaching academy along the Mumbai-Nagpur Samruddhi Expressway. The Mumbai Cricket Association (MCA) has expressed interest, with stringent financial and expertise criteria to be met. The 99-year lease aligns with MCA's plans for new grounds in Thane and Navi Mumbai, addressing the lack of cricket coaching facilities in Thane compared to Mumbai. Additionally, MSRDC is involved in land pooling initiatives at Igatpuri, contributing to infrastructure enhancement and traffic flow improvements on the Mumbai-Nashik highway.Read more

13 Dec 2023

The Uttar Pradesh State Government has allocated Rs 200 crores for the development of New Kanpur City and the Bingawan Scheme. The Kanpur Development Authority (KDA) swiftly decided to formalize and implement the plan following the funds' release. Commercial plots are included in the development, with Rs 150 crores earmarked for purchasing land from farmers for the New Kanpur City Scheme. The remaining Rs 50 crores will be allocated to the Bingawan Scheme. The government's approval aids the Chief Minister’s Urban Expansion/New Cities Incentive Scheme for comprehensive city development.Read more

12 Dec 2023

The recently constructed concrete road in Aarey Colony, Mumbai, has developed cracks at various locations, raising concerns about the quality of construction. The Brihanmumbai Municipal Corporation's (BMC) Road department officials have acknowledged the issue and assured residents that necessary repairs will be carried out. The construction project involved the concretization of Aarey Colony's main road from Goregaon Junction to the L & T junction of Powai. The project, initiated in 2022 and expected to be completed by 2025 with a budget of Rs. 51 crore, has a 10-year defect liability period.Read more

12 Dec 2023

The National High-Speed Rail Corporation (NHSRCL) is set to lease 580,000 sq ft of space at the Sabarmati Multi-Modal Transit Hub, a key terminal for the Mumbai-Ahmedabad High-Speed Rail Corridor. The property, in the final stages of the request for proposal process, will be leased for 35 years, extendable to 70 years. Comprising two towers and a super-built-up area of 579,980 sq ft, the hub will feature automated parking for 1,300 vehicles. As a multimodal transport hub, it will connect the high-speed rail to Indian Railways, a metro station, and a bus rapid transit system, enhancing regional connectivity.Read more

09 Dec 2023

The Mumbai Trans Harbour Link (MTHL), envisioned in 1962, symbolizes connectivity between Mumbai Island and Navi Mumbai. Despite delays, work began in 2018 with a proposed opening on December 25, 2023. While deck work nears completion, crucial technological systems under Package 4, including toll and transport management, pose challenges. The BJP announced the bridge's opening, contrasting with the MMRDA's acknowledgment of pending works. Over 97% of the sea link is finished, yet concerns persist about traffic management. The MTHL, India's longest sea bridge, represents ambition tempered by logistical complexities in infrastructure development.Read more