Yamuna Expressway Industrial Development Authority (YEIDA) is reportedly planning a new residential sector, likely named Sector 5, near the upcoming Noida International Airport. YEIDA aims to acquire 1,100 hectares of land for this purpose, anticipating strong buyer interest. The proposal includes dedicating 50% of the land for a residential plots scheme, with the remaining portion allocated for group housing societies. The acquisition process is expected to start soon, with completion anticipated by December 2023 or January 2024. YEIDA plans direct connectivity between Yamuna Expressway and Chola Railway Station through the new sector, enhancing overall accessibility and appeal.Read more

Construction has commenced on a 3,747-meter-long boundary wall in Mumbai's Aarey Milk Colony for safeguarding 812 acres of designated forested area. The Public Works Department (PWD) is overseeing the project. Allegations of tree damage by locals prompted forest department investigations, finding no evidence of harm. While wildlife enthusiasts welcome the protective measure, green activists criticizes the construction, citing hindrance to animal movement and the fact that walls or any such construction is not allowed in an Ecologically Sensitive Zone (ESZ)/Forest area.Read more

The Uttar Pradesh government has sanctioned a Rs 1,779 crore interest-free loan to the Yamuna Expressway Industrial Development Authority (YEIDA) for land acquisition. This funding will support the development of five industrial parks, including a logistics park and an electronic manufacturing cluster, covering over 1220 hectares near the Noida International Airport and along the expressway. YEIDA will match the state's contribution and is aiming to repay the loan over 25 years. This move marks a significant step in boosting industrial growth and infrastructure development in the region.Read more

The Ministry of Statistics and Programme Implementation (MoSPI) has revealed that 411 major infrastructure projects in India, each with an investment of Rs 150 crore or more, are facing cost overruns exceeding Rs 4.31 lakh crore as of October 2023. The original cost of these projects was projected at Rs 24,78,446.60 crore, but the estimated completion cost has risen to Rs 29,09,526.63 crore, indicating an overall cost overrun of approximately 17.39%. The report also notes delays in 837 projects, with an average delay of 36.94 months. Timely clearances, improved project management, and coordination among stakeholders are essential to address these challenges.Read more

Kochi Metro Rail Limited (KMRL) is set to begin the Phase III expansion of its network, focusing on an essential airport line. The work is expected to begin at the start of next year. This follows the completion of a comprehensive mobility plan by a Delhi-based consultancy. The project includes two proposed lines, enhancing connectivity to Cochin International Airport. The revised detailed project report (DPR), reflecting updated population and passenger flow data, will be submitted to the state government soon. This expansion is expected to significantly boost ridership and profitability for the metro system.Read more

The Surat Municipal Corporation's ambitious conventional barrage project, spanning the Tapi River near Rundh-Bhatha, has received formal approval from the Coastal Regulation Zone (CRZ). Valued at Rs 706 crore, the project aims to enhance water supply to Surat city and meet the industrial needs along the Tapi's right bank. The barrage includes an adjoining flyover bridge and a freshwater storage reservoir. Designed with ecological preservation in mind, it ensures a minimum water flow of 300 cusecs, aligning with regional water resource management strategies. The project's phased implementation involves land acquisition and funding from the state and central governments, marking a significant milestone.Read more

Belagavi Airport in Karnataka is set for a major expansion with the acquisition of an additional 57 acres. The state government's move builds on the 2017 upgrade, which saw a new terminal and runway extension. Authorities, emphasizing fair compensation, are addressing local farmers' concerns regarding land acquisition. The Airports Authority of India plans to invest Rs 229.5 crore for a new terminal spanning 20,000 square meters, aimed at boosting regional connectivity and economic growth. The expansion underscores the balance between development and community interests.Read more

Matharpacady, a compact area within Mazgaon, is witnessing tug-of-war between progress and heritage in the village. Locals wrestle with a pivotal choice – to cherish their historic haven or embrace redevelopment. The struggle pits those yearning for better living against owners anxious about losing their distinct identity. Shreepati Build Infra Heritage emphasises urgent redevelopment, citing compromised infrastructure. Amid legal complexities, the village stands at a crucial juncture, its fate hanging in the balance of collective desires and legal intricacies, leaving the community in suspense about what lies ahead.Read more

JSW Infrastructure has secured a Rs 4,119 crore contract from the Karnataka Maritime Board to develop the Keni Port in Karnataka. The greenfield port, one of two planned by the state government, is set to have an initial cargo-handling capacity of 30 million tonnes per annum (MTPA). JSW Infrastructure emerged as the winning bidder, with plans to address the logistics demand in the rapidly growing state and the region's economy. The Keni Port will be strategically located between Mormugao Port in the north and New Mangalore Port in the south, catering to various industries in the region.Read more

The Brihanmumbai Municipal Corporation (BMC) has floated a Rs 42 crore tender for a long-delayed project - a Y-shaped vehicular bridge connecting Yari Road and Lokhandwala in Mumbai's western suburbs. Initially proposed in 2002, the project faced legal hurdles, causing significant cost escalation. The 100-meter-wide bridge over Kavathe Creek aims to reduce travel time from 30-45 minutes to just five minutes. Concerns were raised over destruction of mangroves for the bridge, but the Supreme Court quashed the stay after BMCs assurance regarding replanting. With a proposed completion by 2025, locals anticipate relief from the lengthy commute, while the BMC emphasizes environmental friendliness and improved connectivity.Read more