Adani to Build Rs 100 Bn Township in Panvel

06 May 2025 CW Team

Following its central role in Mumbai’s Dharavi redevelopment, Adani Realty is now planning a major real estate push in Panvel, with a township project worth nearly Rs 100 billion. Spread over 1,000 acres, the proposed “Adani Panvel” township is expected to be one of the largest real estate investments in the Mumbai Metropolitan Region (MMR) in recent times.

The project arrives at a time when Panvel is witnessing rapid infrastructure upgrades, making it a key residential and commercial hub. Improved connectivity through the Mumbai Trans Harbour Link (Atal Setu), along with the upcoming Navi Mumbai International Airport (NMIA), has significantly boosted the area’s appeal. The government’s Third Mumbai plan—Karnala-Sai-Chirner New Town—also places Panvel at the centre of a new wave of urban expansion.

Adani Panvel is expected to further accelerate real estate activity in Navi Mumbai, driving prices upward and attracting more investment. Market experts say the project’s scale and backing by a major developer mark a turning point for the region.

Dhiren Tharwani, Director of Tharwani Realty, stated that Navi Mumbai is evolving from an affordable housing zone into a premium and ultra-premium destination. Jignesh Visaria, Partner at The Platinum Group, added that Adani’s 1,000-acre land acquisition signals a broader shift towards large-scale integrated townships. Aksha Kamboj, Executive Chairperson of Aspect Global Ventures, echoed this sentiment, highlighting Navi Mumbai’s transformation into one of the city’s most promising real estate markets.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..