Shastripuram ROB Construction Enters Final Phase in Hyderabad

02 May 2025 CW Team

Construction of the 490-metre road overbridge (ROB) at Shastripuram in Hyderabad has entered its final phase, with 90 per cent of civil works completed, according to Greater Hyderabad Municipal Corporation (GHMC) officials. The project, launched in 2022 with a sanctioned cost of Rs 710 million, is expected to reduce severe congestion caused by the Uddamgadda level-crossing.

The ROB connects key areas such as Shastripuram, Vattepally, Kattedan and Bandlaguda, and provides vital access to National Highway 44, the PV Narasimha Rao Expressway, and Rajiv Gandhi International Airport. The GHMC has completed approach roads, while South Central Railway is finalising its 37.5-metre portion of the bridge by installing steel girders. Once handed over, GHMC expects to finish remaining works within six weeks, targeting an August opening.

So far, the town planning department has taken possession of 115 properties for the project, with 14 properties still under legal review. Officials expect the ROB to eliminate peak-hour traffic queues and significantly reduce detour distances for local commuters.

Source:Deccan Chronicle

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..