Two new bridges, tunnels for Mumbai-Pune Expressway

Ashoka Buildcon bags major electrification contract from North Western Railway

Ashoka Buildcon Ltd has been awarded a Letter of Acceptance (LoA) by North Western Railway (Ajmer Division) for a major electrification project. The contract value stands at Rs 5393.5 million. The scope covers the upgrade of the traction system for 660.81 route-kilometres from 1×25 kV to 2×25 kV, along with required overhead equipment modifications. Strategic SignificanceThe project aligns with Indian Railways’ broader modernisation and electrification drive, aiming to boost efficiency and reduce dependence on diesel traction.Upgrading to a 2×25 kV system permits higher speed an..

Indian Railways to Build Mega Coaching Terminals in 20 Cities

Indian Railways is preparing to develop Mega Coaching Terminals in 20 major cities as part of its plan to ease congestion and expand train-handling capacity. The initiative aims to ensure smoother operations during peak travel periods, including festival seasons and the high-demand summer and winter months. According to reports, the cities identified include significant railway hubs such as Delhi, Mumbai, Chennai, Kolkata and Ahmedabad, all of which experience heavy volumes of incoming and outgoing trains. Construction of one such terminal is already in progress in Ahmedabad, where around 45..

Joon Realty acquires Jaipur’s Joy City project, rebrands as Adi Bagh

Joon Realty, a Gurugram-based real-estate developer, has acquired majority development rights of the Joy City project in Jaipur and rebranded it as Adi Bagh. The development is registered under RERA number RAJ/P/2021/1563 along the Jaipur-Bhilwara corridor, a growing destination for second-homes. The first phase of Adi Bagh will offer 218 villas in a low-density layout. Joon Realty is targeting gross sales of around Rs 2.1 billion and expects to make the project operational within six months. This acquisition supports Joon Realty’s strategic shift from land-banking to full-scale lu..