Bengal unfolds ₹450-cr bridge rebuilding plan

collapsed bridge structure in Kolkata
In order to rebuild the recently collapsed bridge structure in Kolkata, the design of the Majerhat bridge as well as its alignment are being planned differently and at an investment of ₹450 crore. The proposal, after getting CM clearance is being sent to the railways for its nod. PWD sources said that it will seek around ₹250 crore as capital requirement for the next 12 months. The planning department has homed in on a steel bow string girder bridge to replace the pre-stressed concrete girder bridge that was built nearly six decades ago. Though the alignment of the new bridge will be close to the old one, there will be a curvature to ensure a reasonable distance between the bridge and the Joka-Esplanade Metro line that runs alongside. A twin-span steel bow string girder bridge was in consideration as it was easy to build the structure and set it up over the train tracks. PWD selected the design as a bow string bridge had recently been erected in a short time by KMDA on the Maa flyover which spans the railway tracks near Park Circus station. The length of the bridge will be around 140m and with the approach roads it will be around 240m.

NHBs new guidelines to boost housing sector: Crisil

According to credit rating agency Crisil, the National Housing Bank’s (NHB) new and revised guidelines for housing finance companies (HFCs) will structurally strengthen the sector and increase investor confidence at a time when NBFCs are Read More ...

JMC secures ₹514-cr construction contracts

JMC Projects (India) has won contracts worth ₹514 crore for residential and commercial projects including industrial. The company, a subsidiary of Kalpataru Power Transmission, undertakes projects pertaining to civil engineering, Read More ...

L&T launches tunneling works for Bangalore metro

Tunnelling for the much-hyped and the longest underground Metro corridor — between Dairy Circle and Nagawara (14-km) — in Bengaluru is set to start shortly. For the tunneling works, which is a part of the Gottigere-Nagawara Read More ...

Lodha and ESR to develop Industrial Park in Mumbai

Lodha Group has announced a JV with ESR India, the India platform of leading Asia Pacific logistics real estate platform, for the development of ESR-Lodha Industrial Park at Palava City, which will comprise of 17 institutional Read More ...

Realtors ink JV to build country’s biggest mixed-use project

The Singapore-based GIC fund and India's realty builder DLF have joined hands to build a mixed-use project on a 23-acre land parcel in Gurugram. Named Down Town, it is located on the highway opposite DLF’s 2.5 million Read More ...

Paradigm launches realty project in Mumbai

Paradigm Realty has launched a residential project in Ghatkopar East. Named Prime Vista, it is being developed under a JV with Bilakia Group along with Atmiya Properties. The 16-storey tower will comprise 107 units spread Read More ...

ADB injects ₹1,650-cr infra push to Tripura

The Asian Development Bank (ADB) has approved ₹1,650 crore to develop infrastructure across seven district headquarter towns of Tripura. of which 80 percent will be grant-in-aid and the state ill have to repay 20 percent Read More ...

J&K fast tracks ₹15,881-cr Srinagar Metro Project

The Jammu & Kashmir government has fast tracked construction of the ₹15,881 crore Srinagar metro rail projects informed DM Srinagar Shahid Choudhary. He said that the much hyped project will be completed in four Read More ...

DMRC takes up ₹4,570.34-cr metro contract in Mumbai

The CIDCO Board has accorded in-principle approval to appoint Delhi Metro Rail Corporation (DMRC) to undertake work on the Navi Mumbai's Metro Lines 2 & 3. A letter of appointment has been sent to DMRC to prepare the Read More ...

Wadha Group launches ₹2,200-cr realty projects

Realty developer Wadhwa Group has set aside ₹2,200 crore for the first two phases of its integrated township project Wadhwa Wise City spread across 450 acres in Panvel near Mumbai. GFH, a Bahrain-based financial investment Read More ...

Mumbai-Pune e-way gets ₹4,000-cr expansion

The state government has sanctioned ₹4,000 crore for the expansion of the Mumbai–Pune e-way, which will bypass the Amrutanjan Bridge. The Bor Ghat stretch will be cut short by six kms after construction of two new bridges and Read More ...

Piramal Realty pushes ₹2,600-cr towering tower

Piramal Realty has launched its final tower in its flagship project Piramal Mahalaxmi, involving an investment of ₹2,600-crore. The project covers a space of over 2 million sq ft of development area and is set to be one of the largest Read More ...

Aurobindo Realty unveils ₹3,000-cr projects

The real estate venture, Aurobindo Realty & Infrastructure of Aurobindo Pharma, has announced plans to build 14 million sq ft of commercial, retail, residential and hospitality projects involving ₹3,000 crore investment. The founder Read More ...

Trans-Himalayan rail worth $2.5-bn picks up pace

The much hyped Nepal-China railway line known as Trans-Himalayan project entailing an investment of $2.5 billion has picked up pace with the Beijing announcing funding for a detailed feasibility study of the project. The rail Read More ...

Japan approves ₹13,000-cr for infra projects in NE

The government of Japan has decided to invest ₹13,000 crore in several ongoing as well as new projects in different states of India's North- Eastern region, said DoNER Minister Dr Jitendra Singh after a recent meeting with a Japanese Read More ...

S Pallonji launches ₹400-cr realty venture in NCR

Shapoorji Pallonji has launched 12 projects in the second phase of its Joyville Gurugram venture entailing an investment of ₹400 crore. The projects stretch across 18 acres in Sector 102 of the satellite city. Under phase two, the Read More ...
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