Indian Government shifts focus to railways with major budget boost
The Indian government is shifting its infrastructure focus towards the railway sector, planning a potential increase in budgetary allocation despite overall spending pressures. Experts suggest road and highway spending, which received INR 2.78 trillion in the interim budget, has peaked. Railways are now seen as the next major investment area, aiming to reduce logistics costs to 9-10% of GDP by investing in infrastructure such as wagons, coaches, signalling systems, new lines, and high-speed trains. Improved safety measures, including the Kavach system, and enhanced passenger amenities are also priorities. Funding strategies are shifting towards increased Gross Budgetary Support (GBS), bolstered by a record RBI dividend of INR 2.11 trillion, allowing balanced investment in both social programs and infrastructure....
Mumbai-Pune expressway "missing link" nears completion, to be operational by March 2025
Commuters traveling between Mumbai and Pune can anticipate smoother journeys with the upcoming completion of the Mumbai-Pune Expressway "missing link" project. This critical 13.3-kilometer stretch is slated to be operational by March 2025, marking a substantial improvement in travel time and safety along this busy route. Currently 85% finished, the project's complexity-featuring a viaduct, tunnels, and a 100-meter-high cable-stayed bridge-has caused delays. The Maharashtra State Road Development Corporation (MSRDC) ensures meticulous planning to uphold quality and safety standards. Once operational, the link will bypass a congested ghat section, offering time savings of 20-30 minutes and allowing speeds up to 120 kmph. Enhanced safety and efficiency will benefit commuters, businesses, and tourism alike, fostering economic growth and regional connectivity....
India's infrastructure projects struggle with delays and cost overruns
A Ministry of Statistics and Programme Implementation (MoSPI) report reveals significant challenges in India's infrastructure projects, with over half of major initiatives facing delays and cost overruns. Out of 1,817 projects exceeding INR 150 crore each, 458 have seen costs increase by INR 5,71,080.76 crore, representing a 20.7% rise from initial estimates. Only 51.3% of allocated funds have been utilized so far. Additionally, 831 projects are behind schedule, with an average delay of 35.1 months, and 127 projects delayed by over 60 months. Complex issues like land acquisition, environmental clearances, and financial constraints contribute to these delays, impacting economic growth and necessitating improved project management strategies....
Greater Noida sets up for infrastructure boost with INR 73 crore plan
Greater Noida residents are set to experience a significant improvement in their city's infrastructure following the unveiling of a INR 73 crore development plan by the Greater Noida Industrial Development Authority (GNIDA). Key highlights include a INR 7 crore project to resurface a critical 4.5-kilometer road stretch and the installation of INR 6.85 crore worth of LED lights across village plots to enhance safety. Beautification projects, including an open gym and road enhancements, form part of the initiative aimed at creating a more visually appealing and functional urban environment. With swift tendering processes underway, GNIDA is poised to expedite these enhancements for the benefit of its residents....
Delhi civic body to inspect 27.66 lakh buildings ahead of monsoon
With the monsoon season approaching, the Municipal Corporation of Delhi (MCD) aims to survey all 27,66,198 buildings by June 30, 2024. As of June 14, 64.8% (over 17,94,403 buildings) have been inspected. This accelerated effort focuses on identifying and addressing dangerous buildings to ensure resident safety. Notices for repairs or demolition are issued immediately upon finding hazards. Despite progress, concerns linger about the feasibility of completing thorough inspections, particularly in older areas like Old Delhi. The MCD's proactive approach aims for a safer monsoon, but challenges in thoroughness and transparency remain....
Visakhapatnam's Future: Government's development plans and investment strategies
Visakhapatnam, Andhra Pradesh's largest coastal city, faces critical development challenges amid renewed hopes under a new government. With stalled projects like the metro rail and Bhogapuram beach corridor, residents eagerly await progress on infrastructure improvements and job creation initiatives exceeding INR 5,000 crore. The Bhogapuram International Airport stands as a beacon of promise, contrasting with delays in the south coast railway zone project due to land acquisition issues. Despite its educational prowess, translating talent into high-paying jobs remains a hurdle. Selected as a pilot city by Niti Aayog, Visakhapatnam aims for economic revitalization through strategic investments, signalling a pivotal moment for its future growth....
Northern Railways conduct trial run on world's tallest rail bridge between Reasi and Sangaldan
Northern Railways successfully tried an electric engine on the world's tallest arch rail bridge over the Chenab River, marking a crucial step towards integrating Kashmir into the national railway network. The Sangaldan-Baramulla section is already operational, and the Reasi-Sangaldan trial run furthers this progress. Prime Minister Narendra Modi plans to inaugurate the rail link from Reasi to Kashmir on July 10. Deepak Kumar, Chief Public Relations Officer of Northern Railway, confirmed inspections for June 27 and 28, with all preparations set for the CRS inspection. This project aims to enhance connectivity and support Amarnath pilgrims....
38 illegal buildings identified for demolition in Whitefield, Bengaluru
Despite a directive from the BBMP Commissioner to demolish illegal buildings within 117 days, unauthorised structures in Bengaluru's Whitefield area persist. In October 2023, the BBMP identified 38 illegal buildings, but residents report no demolitions nearly seven months into the drive. Citizens, who were initially hopeful, have become frustrated as enforcement efforts weakened, with BBMP marshals withdrawn in December. RTI responses revealed that out of 72 buildings, only 34 had plan approvals, with 28 having deviations. The lack of action has led to continued construction of new illegal buildings, highlighting the city's administrative failures and possible collusion with violators....
Urgent repairs needed for Andheri flyover, BMC and MMRDA in dispute
Mumbai faces a potential safety hazard as the Andheri flyover on the Western Express Highway (WEH) urgently needs repairs. An audit by VJTI in April flagged critical conditions in the flyover's superstructure, including support pillars. Despite this, repairs have stalled due to a dispute between BMC and MMRTA over responsibilities post-handover of WEH in November 2022. BMC lacks crucial structural details to proceed with INR 95 crore repairs and requests access from MMRTA. With daily traffic exceeding lakhs, swift resolution is crucial. Public safety hinges on collaboration to clarify responsibilities, expedite repairs, and secure the flyover for commuters' safety....
Delhi L-G orders completion of INR 364 crore Dilli Gramodaya Abhiyan projects by August
Delhi Lieutenant Governor V K Saxena has mandated the completion of INR 364 crore worth of projects under the Dilli Gramodaya Abhiyan by August. This initiative involves 416 projects, primarily managed by the DDA, focused on improving rural infrastructure including community centers, crematoriums, roads, and sports facilities. Saxena emphasized strict quality control, with District Magistrates overseeing progress and requiring photographic evidence for reports. Additionally, contractors must provide a five-year warranty on their work. The initiative also includes significant upgrades to crematoriums to ensure environmentally friendly practices and dignified services....
NHAI has launched its Toll Operate Transfer (ToT) initiative for the fiscal year, inviting bids for three bundles of highways totaling 801.7 km across Uttar Pradesh, Tamil Nadu, and Odisha. The project aims to monetize these highways through long-term toll collection rights. Last year's successful bids raised INR 15,968 crore, motivating NHAI to increase this year's target to INR 54,000 crore, with INR 46,000 crore from ToT and Infrastructure Investment Trusts. NHAI plans to monetize 33 highway stretches totaling 2,741 km to boost infrastructure development and economic connectivity in India....
Indian Government approves INR 76,000 crore Vadhavan deep-sea port to boost trade
The Indian Government has approved a colossal INR 76,000 crore project to build a deep-sea port at Vadhavan, near Mumbai, pivotal to the India Middle East Europe Economic Connectivity (IMEEEC) initiative. Designed to handle 23.2 million TEUs, the port will accommodate mega cargo ships and reduce logistics costs by USD 50-100 per TEU. With robust road and rail connectivity, the port will enhance India's trade capacity and serve as a transshipment hub. The project, executed in two phases by 2040, is expected to generate significant economic benefits and jobs, transforming India's trade infrastructure....
Mumbai's Metro 3 nears completion, providing relief for shopkeepers as barricades come down
The removal of barricades erected for Mumbai's Metro 3 project has brought relief to local shopkeepers who suffered due to restricted customer access for years. Nearly 63% of the roads along the 33.5-km underground line have been restored. However, the Brihanmumbai Municipal Corporation (BMC) has faced criticism for the slow progress of its road concretisation work, completing only 15% of the planned 397 km cement concrete roads across five zones. The civic body has promised to expedite the work post-monsoon but has also cancelled a major contract due to delays. As the city navigates these infrastructural challenges, citizens hope for timely completion to alleviate commuting woes....
Indirapuram has been grappling with poor civic amenities due to an elongated deadlock between the Ghaziabad Development Authority (GDA) and the Ghaziabad Municipal Corporation (GMC) over the handover process. However, there are signs of resolution as a joint committee has been formed to assess the town's condition and determine the cost for the handover. With the final survey nearing completion, the handover could take place by July's end, paving the way for the release of development funds and improvements in infrastructure like roads, drainage, and garbage management....
Project to connect Gokhale Bridge with Barfiwala Flyover nears completion
Mumbai's Brihanmumbai Municipal Corporation (BMC) will complete the connection of the CD Barfiwala Flyover's north-side arm with the refurbished Gopal Krishna Gokhale Bridge by mid-July, costing INR 8 crore. Based on IIT Bombay and VJTI recommendations, the bridges are aligned by raising spans. VJTI's report suggested raising four spans, while IIT recommended only two. Initial work started only within 90 days, targeting completion by the early of July. The Barfiwala Flyover, built in 2008, was misaligned with the higher Gokhale Bridge, refurbished in the February of 2023. BMC commissioner Bhushan Gagrani also plans to connect the south-side arm at Vile Parle....
GNIDA to open new exhibition-cum-convention centre and cargo terminal
GNIDA is set to open an exhibition-cum-convention centre in Sector Chi in a planned city 45 km away from Delhi. The convention centre will also facilitate hospitality and hotel facilities for visitors and exhibitors. According to officials, with the first phase of Noida International Airport to be unveiled in December, demand for such a facility will increase. In the same meeting, the authority approved the construction of a Gati Shakti Cargo Terminal in Dadri, for logistics and handling of rail cargos. This project will help to boost investments and handle cargo efficiently across the country....
The National Highways Authority of India (NHAI) aims to raise INR 20,000 crore this financial year through highway monetisation for 2024-25. They plan to monetise 33 highway stretches spanning 2,741 km via InvIT and Toll Operate Transfer, targeting a total of INR 54,000 crore, their highest annual goal. NHAI's past success includes raising INR 38,334 crore last year. Since 2018-19, they have raised INR 1.08 lakh crore through asset recycling, with significant investments from global pension funds and other investors....
Anaimalai TBM achieves breakthrough in Chennai metro's 116.1km expansion
In Chennai, a tunnel boring machine named Anaimalai completed a 925-metre-long tunnel between Ayanavaram and Otteri metro stations, achieving a breakthrough earlier this month as part of the 116.1km phase-2 project. The tunnelling began on October 23, 2023. CMRL managing director M A Siddique and other officials attended the event. This stretch is part of the 9km underground section on the 45.4km corridor-3, running from Madhavaram Milk Colony to Siruseri Sipcot. Seven tunnel boring machines are deployed in this stretch, with a total of 23 machines to be used throughout the phase-2 project....
YEIDA plans new city development near Noida International Airport with INR 63,000 crore investment
The Yamuna Expressway Industrial Development Authority (YEIDA) plans to develop a new city on 6,065 hectares of land acquired from 40 nearby villages over the next two years. The authority aims to spend INR 63,000 crore to build infrastructure like roads, parks, utilities across sectors. A budget of INR 14,000 crore has been set aside for land acquisition. The new city will have sectors dedicated to various countries and industries such as a Fintech City and industrial parks for EV, plastics and more. YEIDA is also planning to revise its e-auction policy for land allotment and project contracts, whereby the auction or tender will be cancelled if only one bidder remains after the third round....
Central Government approves Delhi metro"s Red Line extension project
A statement from Raj Niwas announced the Central Government's approval for extending the Rithala-Narela-Kundli metro line, part of Delhi's Red Line. Lieutenant Governor VK Saxena has overseen the project's progress. The extension, costing INR 6,231 crore, will enhance connectivity and development in the Narela-Bawana sub-city and address Rohini's needs. The line, spanning 26.5 kilometers with 21 stations, will improve travel between Ghaziabad, Delhi, and Kundli. The project is currently expected to complete in four years and significantly boost regional infrastructure....
Dharavi redevelopment project faces INR 665 crore hurdle in Sector 5 over fee negotiations
The massive Dharavi Redevelopment Project, led by Adani Group's Dharavi Redevelopment Project Private Ltd (DRPPL), faces a roadblock in Sector 5 due to ongoing fee negotiations with the Maharashtra Housing and Area Development Authority (MHADA). The transfer of Sector 5, which includes five buildings for 942 rehabilitated tenants, has stalled. Key negotiation points include INR 183.57 crore in interest, an INR 17.24 crore land fee, and other waivers, totaling over INR 665 crore. MHADA has proposed these waivers to the state government. A swift resolution is crucial for the project's progress and for improving living conditions for thousands of Dharavi residents....
Delhi villages to get improved roads, drainage, and streetlights through Dilli Gramodaya Abhiyan
The Municipal Corporation of Delhi (MCD) is expediting the Dilli Gramodaya Abhiyan, launched in December 2023 by Lieutenant Governor V.K. Saxena, to enhance infrastructure in nearly 200 urbanized villages. With a dedicated budget of INR 407 crore, the project focuses on roads, drainage systems, and streetlights, benefiting areas like Najafgarh, Narela, South Delhi, and West Delhi. Despite initial election-related delays, 28 projects have commenced, primarily in Najafgarh. The initiative aims to improve quality of life for millions of residents, with 349 projects approved by the Delhi Development Authority (DDA) and an overarching goal of creating a more connected city....
14 out of 38 projects under AMRUT scheme progressing as planned
The Municipal Corporation of Delhi (MCD) is actively revitalising urban spaces through the AMRUT 2 scheme. Progress includes 14 out of 38 projects, focusing on water bodies, green areas, and sewerage management. Notable achievements include work on 12 water bodies and advancements in sewerage projects. Efforts to accelerate project completion are underway, with emphasis on transforming water bodies into recreational areas. Challenges have hindered some projects, but plans for decentralised sewage treatment plants and additional funding demonstrate MCD's commitment to enhancing Delhi's liveability and sustainability....
GNIDA demolishes illegal structures, reclaims valuable land
The Greater Noida Industrial Development Authority (GNIDA) demolished illegal structures in Tusyana village, reclaiming approximately 75,000 square metres of land worth an estimated INR 150 crore. Acting on the CEO's directives, bulldozers cleared ongoing unauthorised construction by local colonisers attempting to develop an illegal colony. The authority warned against land-grabbing, instructing vigilance and action against encroachments. Officials cautioned the public against investing in unauthorised colonies and advised verifying details with GNIDA before purchasing land in Greater Noida to avoid legal issues and unplanned development....
Colliers' Green Commitment: achievements in climate action, diversity, and healthy workspaces
Colliers' 2023 Sustainability Report highlights its commitment to a greener future through climate action, diversity, and healthy workspaces. The firm achieved a 24.8% reduction in greenhouse gas emissions per square foot, validated by the Science Based Targets initiative. Women in management roles increased to 33.5%, and over 35% of large offices received a WELL Health-Safety Rating. In India, Colliers implemented eco-friendly practices and secured LEED and WELL certifications for several offices. The firm collaborates with real estate stakeholders to promote sustainable practices, helping clients achieve green certifications and mitigate environmental risks. Colliers sets a positive industry example, enhancing both business and environmental sustainability....
The 84-km stretch of the Mumbai-Goa highway to be completed by December
The long-delayed and controversial Mumbai-Goa highway, specifically the 84-kilometre stretch between Panvel and Indapur, is expected to be fully completed by December this year. This development promises improved connectivity and smoother travel between the two major cities. The ongoing project aims to enhance road infrastructure, ensuring safer and more efficient transportation for commuters. Anticipated to be finalized by the end of the year, the upgrade is expected to alleviate congestion and reduce travel time, providing a boost to regional connectivity and facilitating easier access for both local and long-distance travellers along this vital route....
PNB and IIFCL Sign MoU to boost India's infrastructure
India's infrastructure development is set to receive a significant boost with the collaboration between Punjab National Bank (PNB) and India Infrastructure Finance Company Ltd (IIFCL). These two financial giants signed a Memorandum of Understanding (MoU) on June 3, 2024, to provide long-term funding for critical infrastructure projects across the country. The partnership aims to streamline financing for infrastructure projects, allowing for larger loans and attracting more investors. The MoU, signed by PNB's MD and CEO, Atul Kumar Goel, and IIFCL's MD, Padmanabhan Raja Jaishankar, is expected to unlock new funding avenues, propelling India's infrastructure growth....
RIL to invest INR 13,400 crore in 3,750-acre global economic hub in Navi Mumbai
Reliance Industries Limited (RIL) is launching a massive project to create a global economic hub in Navi Mumbai, covering 3,750 acres. Secured through a sub-lease for INR 13,400 crore, this development aims to decongest Mumbai and create a parallel economic engine. RIL plans to leverage its expertise in large-scale industrial projects to build a world-class facility focused on integrated digital services. The project will foster innovation, collaboration, and job creation, transforming Navi Mumbai into a thriving economic and industrial centre with advanced infrastructure and improved connectivity, especially with the new Mumbai Trans Harbour Link....
Power outages prompt safety checks in 14 Greater Noida West high-rises
Residents of 14 high-rise apartments in Greater Noida West will soon receive visits from Noida Power Company Limited (NPCL) officials as part of a new multi-phase inspection program. Triggered by recent power outages affecting buildings like Panchsheel Hynish and Supertech Eco Village 1, the initiative aims to assess and improve the electrical infrastructure within these societies. NPCL teams will evaluate the capacity, maintenance, and safety of internal power networks, issuing notices for required repairs. This effort seeks to address resident concerns, enhance electrical safety, and reduce future outages, with plans to eventually inspect all 104 high-rises in the area....
Central Railway completes major platform upgrades at Thane and CSMT
The Central Railway carried out platform widening, and extension works at Thane and CSMT stations over the weekend to facilitate longer passenger trains. The work was carried out in a 36-hour shutdown from 1-2 June on the CSMT-Byculla and CSMT-Vadala Rd lines. Platforms 5 and 6 at Thane were widened using concrete blocks to ease passenger movement. Platforms 10 and 11 were extended at CSMT using a new signalling system. Over 250 workers completed the works within the shutdown period to resume train services on schedule....
Driving Growth: India's ambitious highway plans to generate INR 1 lakh crore by 2028
With over 8,551 kilometres of new projects awarded in FY24 and a target to double that figure by FY25, India's road network is on an ambitious trajectory. The surge in toll revenue, predicted to exceed INR 1 lakh crore by 2028, is attracting Infrastructure Investment Trusts (InvITs) and unlocking new funding avenues. Backed by the government's asset monetization program, this road expansion promises a more connected, efficient, and prosperous India. As toll collections soar and investor confidence grows, the road sector emerges as a cornerstone of India's economic growth story....
BMC reclaims Byculla bakery land for major redevelopment project
The Brihanmumbai Municipal Corporation (BMC) recently demolished a 50-year-old bakery in Byculla, Mumbai, occupying 500 square meters of land owned by the civic body. The bakery, which had been operating in the Kamathipura area since 1974, was allegedly hindering the redevelopment process of the area. Despite being provided an alternate location in Goregaon by the BMC, the bakery owner continued to use both premises, leading to a legal battle. The court ultimately ruled in favour of the BMC, allowing the demolition to proceed under the supervision of 25 BMC officials and 20 police officers. The civic body has already issued a letter of intent for the redevelopment of the 3,400 square meter area, which includes 117 tenants, ensuring the creation of a 22-story rehabilitation wing, a 35-storey sale tower, and a new public playground. This case sets a precedent for the BMC's renewed efforts ...
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