PM Narendra Modi unveils INR 13,000 crore development projects in Goa
Author : PNT Bureau
During his visit to Margao, Goa, Prime Minister Narendra Modi unveiled projects worth over INR 13,000 crore, highlighting the government's focus on inclusive welfare and development. Addressing 40,000 people, Modi stressed the administration's commitment to eliminating discrimination and ensuring equitable distribution of benefits, echoing the philosophy of "sabka saath, sabka vikas" (together with all, development for all). He lauded Goa's social harmony and diversity, praising its achievements in achieving "100% saturation" in key central government schemes. The projects across education, health, and tourism sectors signify a significant stride in Goa's development journey, reflecting Modi's vision for inclusive growth and progress as India approaches the Lok Sabha elections....
Kalpataru and Thane Municipal Corporation collaborate to create Grand Central Park in Thane
Author : PNT Bureau
Thane recently unveiled its latest urban marvel, the Grand Central Park under the auspices of Chief Minister Eknath Shinde. Spanning 20.5 acres in Kolshet, this green sanctuary mirrors the splendor of New York's Grand Central and London's Hyde Park. Developed by the Thane Municipal Corporation and private developer Kalpataru, the park features over 3,500 tree species, themed gardens, the country's largest skating yard, and diverse recreational facilities. The Grand Central Park aims to become a cornerstone of community and environmental well-being, offering a serene escape and a hub for cultural and fitness activities in Thane....
Flyover connecting SoBo to T2 airport to open on Feb 15
Author : PNT Bureau
Commuters traveling between Chhatrapati Shivaji Maharaj International Airport and South Mumbai can expect smoother journeys soon. A new flyover linking Terminal 2 (T2) of the airport to the Sahar Elevated Road over the Western Express Highway is set to open by February 15, easing traffic congestion at the Vile Parle signal. An official from the Mumbai Metropolitan Region Development Authority (MMRDA) confirmed the near-completion of the 790-meter-long flyover, initiated in June 2021 at a cost of 248.43 crore. Prime Minister Narendra Modi may inaugurate this and other infrastructure projects during his Mumbai visit later this month....
MMRDA discloses ambitious plans to redesign BKC for pedestrian convenience
Author : PNT Bureau
The Mumbai Metropolitan Region Development Authority (MMRDA) has announced a groundbreaking plan to convert Bandra Kurla Complex (BKC), Mumbai's bustling commercial hub, into a pedestrian-friendly area. Drawing inspiration from international models like Canary Wharf and Marina Bay, the initiative involves removing compound walls to enhance walkability and connectivity. MMRDA Commissioner Sanjay Mukherjee emphasised the need for seamless integration within BKC, promoting a more inclusive urban environment. The proposal, awaiting review, seeks to foster a vibrant, accessible public space, balancing modern aesthetics with practical urban planning....
State initiates land acquisition for Dharavi redevelopment project
Author : PNT Bureau
The State Cabinet approved acquiring 283 acres of Mumbai's salt pan land from the Union Government for the Dharavi Redevelopment Project (DRP), to be managed by Adani Realty. This move aims to provide rental housing for ineligible slum dwellers. A separate proposal will be submitted for utilising salt pan lands in Dharavi residents' rehabilitation. The market value will be recovered from the project's special purpose vehicle. Previously contested for a Metro car depot, the land transfer will facilitate Dharavi's redevelopment, benefiting around 3.5-4 lakh people with rental and affordable housing solutions....
JSW Infrastructure commits INR 6,000 crore for strategic asset acquisition
Author : PNT Bureau
JSW Infrastructure Ltd., a major player in India's port sector, has earmarked a staggering INR 6,000 crore for strategic asset acquisitions, aiming to bolster its presence in a domain dominated by the Adani Group. With a near-zero net debt to EBITDA ratio, JSW's solid financial position allows it to actively pursue expansion opportunities, including potential stake acquisitions in government-owned ports undergoing privatization. The company eyes projects like the trans-shipment port at Galathea Bay, Great Nicobar Island, showcasing India's pivot towards public-private partnerships to drive port infrastructure growth. JSW Infrastructure's ambitious plans and government support signal promising prospects for industry competition and growth....
PM Modi initiates infrastructure boost in Assam with projects over INR 11,600 crore
Author : PNT Bureau
Prime Minister Narendra Modi has launched a series of infrastructure projects worth over INR 11,600 crore in Assam, aimed at enhancing the state's development. Key projects include the Kamakhya temple corridor, a six-lane road connecting the new airport terminal in Guwahati, and the upgradation of Nehru Stadium to FIFA standards. The 'Asom Mala' roads project's second phase was also initiated, along with significant investments in healthcare with the Gauhati and Karimganj Medical College and Hospitals. These initiatives are expected to boost Assam's infrastructure, healthcare, and tourism, marking a significant step towards its comprehensive development....
BMC initiates a new tender for South Mumbai's CC roads, totalling INR 1,363 crore
Author : PNT Bureau
The Brihanmumbai Municipal Corporation (BMC) has terminated a INR 1,600 crore contract with Roadway Solutions India Infrastructure Ltd (RSIIL) for the concretization of 97 km of roads in Mumbai's island city due to the contractor's failure to initiate work. BMC has introduced a fresh tender, valued at INR 1,363 crore, for the concretization of 235 roads in the island city. Despite RSIIL contesting the termination in court, BMC reiterated its decision and mandated a penalty of INR 64.6 crore, along with the forfeiture of deposits. The project aligns with BMC's goals of enhancing Mumbai's infrastructure....
BMC's proposal for Mahalaxmi Racecourse receives majority support
Author : PNT Bureau
The Royal Western India Turf Club (RWITC) members have approved the Brihanmumbai Municipal Corporation's (BMC) proposal to transform part of the Mahalaxmi Racecourse into a theme park. Out of 708 members who voted, 540 supported the proposal, while 168 opposed it. The BMC's plan involves extending the lease of the racecourse, with the condition that 120 acres of the 211-acre property be handed over to the BMC for creating an open green space. The proposal includes pathways, walkways, sitting areas, and an underground subway connecting to the Mumbai Coastal Road Project's green open space....
CIDCO unveils Ulwe and Kharghar Coastal Road projects
Author : PNT Bureau
CIDCO is embarking on two vital road projects, the Ulwe Coastal Road (UCR) and Kharghar Coastal Road (KCR), to ensure seamless connectivity to the upcoming Navi Mumbai International Airport (NMIA) and regional developments. The UCR, spanning 5.8 kilometers, will link the Mumbai Trans Harbour Link (MTHL) to NMIA, featuring a railway overbridge and an elevated link road crucial for efficient transportation. Despite initial estimates, the project's cost is now expected to reach INR 1,400 crore. Simultaneously, the KCR will connect Kharghar to CBD Belapur, enhancing traffic flow across Navi Mumbai. Both projects, slated for completion by early 2026, signify CIDCO's commitment to bolstering regional infrastructure and fostering economic growth....
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