Latest news with #DetailedProjectReports
Deccan Herald
21 hours ago
- Business
- Deccan Herald
Railways bets big on quadrupling lines from B'luru to nearby towns
The Detailed Project Reports (DPR) for the Bengaluru-Tumakuru, Bengaluru-Mysuru and Bangarpet-Jolarpettai quadrupling projects will be submitted to the Railway Board between July and December this year, while the DPR for the Whitefield-Bangarpet quadrupling project, which was submitted in May, is being reviewed.
Hindustan Times
5 days ago
- Business
- Hindustan Times
MMRDA acquires 174 hectares in Mogarpada, Thane, for Metro depot catering to four lines near Mumbai
The Mumbai Metropolitan Region Development Authority (MMRDA) has acquired 174 hectares of land in Mogarpada, Thane, near Mumbai, to develop the city's largest integrated metro depot. The facility will serve as the central operations hub for four upcoming Metro lines in the Mumbai Metropolitan Region (MMR). According to MMRDA, the strategically located depot will cater to Metro Lines 4, 4A, 10, and 11, covering a combined stretch of 55.99 km from Chhatrapati Shivaji Maharaj Terminus (CSMT) to Mira Road. The MMRDA said that the land has been transferred to MMRDA on an 'as-is-where-is' basis, as per the Government Resolution dated October 16, 2023. The Detailed Project Reports (DPRs) for all four lines were prepared by Delhi Metro Rail Corporation, which recommended a single, unified depot at Mogarpada to optimise integration and efficiency, the MMRDA said in a statement. Also Read: Luxury real estate showing signs of fatigue, but inventory in the hands of strong developers: Raymond Realty CEO According to the MMRDA, the Mogarpada Depot will be designed as a critical command and maintenance hub. It will have train stabling during non-operational hours to ensure peak-time readiness, heavy overhauls and routine maintenance for all trains on the lines, lifting and equipment replacement, and full testing to ensure safety and reliability. Also Read: Will Cabinet's approval of new Metro corridors impact real estate markets in Thane and Pune? Thane, a satellite city of Mumbai, is known for its expansive real estate townships developed by prominent names such as the Hiranandani Group, Oberoi Realty, and Raymond Realty, among others. According to local brokers, apartment prices in Grade A projects range between ₹15,000 and ₹30,000 per sq ft. In two recent transactions of land in Thane, Mumbai-based listed real estate developer Arkade Developers, on June 13 announced purchasing a 6.28-acre land parcel in Thane near Mumbai for ₹172 crore. According to the company statement, the company plans to develop a mixed-use project with a projected gross development value (GDV) of ₹2,000 crore and a RERA saleable area of 9.26 lakh sq ft. Also Read: Arkade Developers acquires 6.28-acre land parcel in Thane near Mumbai for ₹172 crore Cricketer KL Rahul and Bollywood actor Suniel Shetty, in March 2025, jointly acquired a seven-acre land parcel in Owale at Thane West, near Mumbai, for Rs. 9.85 crore, according to property registration documents accessed by Square Yards. According to the property registration documents, the transaction involves seven acres of undivided land within a larger parcel spanning 30 acres and 17 guntha.
Hindustan Times
10-06-2025
- Business
- Hindustan Times
Namo Bharat trains may soon connect Bengaluru to Mysuru, Tumakuru, Hoskote and more: Report
The National Capital Region Transport Corporation (NCRTC), which operates India's first semi-high-speed Regional Rapid Transit System (RRTS), has submitted a proposal to bring the Namo Bharat corridors to Karnataka, Moneycontrol reported. Four new rail corridors originating from Bengaluru have been suggested to improve regional connectivity and unlock the economic potential of key satellite cities. According to documents accessed by Moneycontrol, the proposed corridors are, Bengaluru–Hoskote–Kolar (65 km), Bengaluru–Mysuru (145 km), Bengaluru–Tumakuru (60 km), Bengaluru–Hosur–Krishnagiri–Dharmapuri (138 km, extending into Tamil Nadu), the report added. (Also Read: RCB marketing head Nikhil Sosale denied interim relief in Bengaluru stampede case) Namo Bharat trains can operate at speeds of up to 160 kmph, covering 90 km in under an hour. The first corridor between Delhi and Meerut became partially operational in October 2023, with 55 km of the total 82-km route currently in use. In a letter to the Karnataka government, the NCRTC expressed willingness to prepare Detailed Project Reports (DPRs) for these or other corridors if assigned by the Government of Karnataka and the Ministry of Housing and Urban Affairs (MoHUA). 'Our team can also visit Bengaluru to present the proposal to the Chief Secretary and stakeholders,' the letter stated according to the publication. The proposal recommends adopting a funding model similar to that of the Delhi–Meerut RRTS: 60 per cent from multilateral agencies, 20 per cent from the Government of India, and 20 per cent from the concerned state government. To help Karnataka assess the system firsthand, NCRTC has invited state officials to visit the operational stretch between Sarai Kale Khan and Modipuram in the Delhi-NCR region. It has also offered to assist with initial documentation for the four proposed corridors. The letter also emphasized that the RRTS model incorporates global best practices, including all-weather operations, advanced signalling systems, and an exclusive viaduct/tunnel-based alignment. 'We believe Karnataka, with its strong GDP contribution, will benefit from fast and reliable commuting options like the Namo Bharat system,' it added. (Also Read: 'Won't let Bengaluru down again': New police chief vows no repeat of stampede)
The Hindu
04-06-2025
- Business
- The Hindu
Delhi gets Centre's ₹1.25-lakh-crore revamp boost: CM
Delhi Chief Minister Rekha Gupta on Wednesday announced a massive ₹ 1.25-lakh-crore investment by the Central government to upgrade Delhi's road infrastructure, aimed at easing congestion and improving connectivity. The announcement followed a high-level meeting chaired by Union Road Transport Minister Nitin Gadkari. Addressing a press conference, Ms. Gupta said the National Highways Authority of India (NHAI) has already completed road projects worth ₹64,000 crore in the Capital, with projects worth ₹35,000 crore currently under way. Projects worth another ₹24,000 crore are ready for execution, with Detailed Project Reports (DPRs) already prepared. She highlighted several major initiatives that are being undertaken to decongest Delhi and make it pollution-free. These include a 7-km underground tunnel from Shiv Murti to Nelson Mandela Road; an elevated corridor from INA to the airport, which will later extend to Faridabad and Gurugram. A feasibility study is under way for a tunnel between Sarai Kale Khan and the IGI Airport. She said major roads like Rohtak Road, M.G. Road, and Ashram to Badarpur have been handed over to the NHAI. A total of ₹150 crore has also been sanctioned for road overbridges and road underbridges to eliminaterailway crossing bottlenecks.
Indian Express
04-06-2025
- Business
- Indian Express
Infra projects worth Rs 24,000 crore on the anvil to decongest Delhi: CM Rekha Gupta
Delhi Chief Minister Rekha Gupta announced a Rs 24,000-crore infrastructure overhaul for the Capital. Addressing a press conference Wednesday, Gupta said major arterial roads — Rohtak Road (Punjabi Bagh to Nangloi), Ashram to Badarpur, and MG Road — have now been handed over to the National Highways Authority of India (NHAI). These roads will be upgraded into signal-free corridors with complete supporting infrastructure, including drainage, side lanes, and real-time monitoring systems. 'Earlier, multiple agencies led to fragmented execution and chronic waterlogging. Now, NHAI will be the single-point authority, with support from the Delhi Public Works Department,' she said. The press conference was held following a high-level meeting chaired by Union Road and Transport Minister Nitin Gadkari. The meeting was also attended by Lieutenant Governor V K Saxena, Union MoS Harsh Malhotra, Delhi Cabinet Ministers, MPs, and senior officials from key departments. Gupta underlined several critical initiatives aimed at easing congestion and reducing pollution. These include: -A 7-km underground tunnel from Shiv Murti to Nelson Mandela Road -An elevated road from INA to the airport (eventually connecting Faridabad and Gurgaon) -Extensions of Urban Extension Road-II linking Alipur to Tronica City and the Delhi–Dehradun route. -A feasibility study is also underway for a tunnel from Sarai Kale Khan to IGI Airport. – A 20-km link road from Inderlok Metro Station along the Munak Canal to Sonipat has been proposed. Gupta said this new route would relieve traffic from Mukarba Chowk and benefit thousands of daily commuters travelling between Delhi and Haryana. The CM said the NHAI is currently executing road and transport projects worth Rs 35,000 crore across the Capital. This comes in addition to Rs 64,000-crore worth of completed works, covering 1,578 km of roads. Furthermore, Detailed Project Reports (DPRs) for upcoming projects worth Rs 24,000 crore — spanning 128 km — have been prepared and await rollout. The NHAI has also sanctioned Rs 150 crore for the construction of Road Over Bridges (ROBs) and Under Bridges (RUBs) to remove bottlenecks near railway crossings. Gupta expressed her gratitude to PM Narendra Modi and Minister Gadkari, stating, 'With Rs 1.25 lakh crore worth of decongestion projects in Delhi, the Centre has shown unparalleled commitment to transforming Delhi into a clean, green, and world-class city.' The Chief Minister also highlighted NHAI's eco-friendly practices, such as using inert solid waste and construction debris from Delhi's landfills in road construction.
