Prime Minister Narendra Modi is set to inaugurate the Bengaluru-Mysuru Expressway next week and it is already grabbing attention from across the country. And why wouldn’t it! After all, Bengaluru and Mysuru are two of the most significant cities when it comes to tourism and business. Since the two cities are quite busy, naturally there […]
Category: Roads
NHAI has innovative plans to make National Highways, Expressways comfortable for commuters, Know here
For making road travel more convenient, the National Highways Authority of India (NHAI) has planned to develop Wayside Amenities (WSAs) at more than 600 locations on National Highways and Expressways by the financial year 2024-25. For this, the NHAI is in the process to award 150 wayside amenities for the FY 2023-24.
Dwarka Expressway: The emerging luxury residential hotspot in NCR
As the bastion of residential property demand in NCR, Dwarka Expressway has emerged as the most coveted real estate hub for luxury living. The residential projects in this prestigious locality have recently witnessed a surge because of its strategic location, matchless connectivity, and state-of-the-art infrastructure. This has led Dwarka Expressway to become a magnet for […]
Ballia Link Expressway: Time for UP-Bihar to rejoice as distance between Ballia-Buxar to be covered in half-an-hour! All details here
Better road connectivity with other cities always beacons good fortunes as it augments economic and social condition of backward areas of any state. The people of eastern Uttar Pradesh and Bihar have reasons to smile as seven National Highway projects with an investment of Rs 6500 crore, including Ballia Link Expressway, were inaugurated by Union […]
IRB Infra bags Rs 2,132-cr BOT project in Gujarat
IRB Infrastructure Developers, the country’s leading and largest integrated highways infrastructure developer, has emerged as a preferred bidder for the Rs 2,132-crore BOT project in Gujarat. The project, with a concession period of 20 years from the appointed date, is 6 laning of the 90.90 kilometre stretch between Samakhiyali to Santalpur.
Punjab road infra: 4-lane wide section from Phagwara to Rupnagar to reduce Jalandhar-Chandigarh travel time by almost half – Details inside
To boost the road infrastructure in Punjab, the National Highway Authority of India (NHAI) has developed a four-lane wide section from Phagwara to Rupnagar. This has been built on National Highway – 344A. The move is in line with Prime Minister Narendra Modi’s vision to build sustainable infrastructure in the country. The 80.82 km long […]
Delhi-Mumbai Expressway: This ‘architectural marvel’ is full of useful amenities! Check out here
The Delhi-Mumbai Expressway is a planned greenfield expressway connecting the cities of Delhi and Mumbai. PM Narendra Modi on Sunday inaugurated the first phase of the expressway which will cover a total distance of 1,386 km. The Delhi-Mumbai expressway, the longest expressway in India, will pass through six states, namely Delhi, Haryana, Rajasthan, Madhya Pradesh, […]
Decongesting Mumbai’s traffic! PM Modi set to inaugurate Santacruz Chembur Link Road, Kurar underpass
Inauguration of two new road projects in Mumbai: Prime Minister Narendra Modi is set to inaugurate the Santacruz Chembur Link Road (SCLR) Extension bridge and Kurar underpass today to give Mumbaikars much-needed relief in traffic congestion. Reports suggest that the two new road projects will be inaugurated after the PM flags off two new Vande […]
Creditors of IL&FS Financial Services to get Rs 3,200 cr interim payout
IL&FS Financial Services’ creditors, including 28 lenders and debenture holders, will get an interim amount of Rs 3,200 crore, making it the largest cash payout since the government superseded its board in October 2018. The IL&FS group would also pay back another Rs 1,900 crore for three of its other firms, making the aggregate payout […]
IL&FS creditors to get Rs 3,200-crore interim payout
Infrastructure Leasing & Financial Services (IL&FS) has initiated an interim distribution payout of ₹3,200 crore in group company IL&FS Financial Services (IFIN) to creditors, the highest till date. The group has already paid ₹1,900 crore for two other firms – Rapid Metro Gurgaon (RMGL) and Rapid Metrorail Gurgaon South (RMGSL) – taking the total payout […]
Budget 2023: All roads lead to FM. Can Sitharaman loosen purse strings to track growth of Highways-Railways?
UnionBudget 2023-24: The global economy, battered with Covid pandemic as well as Russia-Ukraine war, seems to be plummeting into recession followed by awful layoffs in major tech companies that could potentially exacerbate the woeful situation of supply-demand mismatch. The interest-rate hikes by US federal reserve and other major central banks in order to cool down […]
Infra boost likely in Budget 2023! Government holds ground to put all ‘Shakti’ to accelerate ‘Gati’ of infrastructural development
Infrastructure boost is expected to grab the spotlight of the forthcoming Budget 2023, to be presented by Union Finance Minister Nirmala Sitharaman on February 1, as the investments in the infra sector create huge job opportunities and could add much needed spins to the growth story of India. Narendra Modi-led Central government has over the […]