Land Acquisition Approval Paves the Way for Delhi's UER-II Traffic Solution

16 Feb 2024 CW Team

Lieutenant Governor VK Saxena has granted approval for the acquisition of more than two bighas of land in southwest Delhi crucial for the impending Urban Extension Road-II (UER-II) project. This marks a significant milestone in overcoming the final obstacles hindering the long-anticipated UER-II initiative, aimed at alleviating traffic congestion in Delhi.

The project faced a considerable setback due to the prolonged process of acquiring this vital land parcel in Bharthal village, which had been stalled since 2016, causing a seven-year delay in the overall project timeline.

Initially launched by the Delhi Development Authority (DDA) in 2016, the UER-II project was initially celebrated as a ground-breaking infrastructure venture. Formulated as the third ring road in the Delhi Master Plan, its primary objective is to alleviate traffic congestion throughout the city.

The proposed ring road is designed to create a seamless bypass between North and Southwest Delhi, providing relief from notorious congestion points like Dhaula Kuan, and enhancing connectivity to both outer and inner ring roads.

The UER-II extension is planned to span from NH-1 to NH-2, connecting areas such as Narela, Bawana, and Rohini in North Delhi with Dwarka and IGI Airport in southwest Delhi, as well as the neighbouring Gurugram.

Furthermore, the project envisions linking to major national highways on the western side of the national capital, including NH-1, NH-10, NH-8, and NH-2.

Upon successful completion, UER-II promises not only to revolutionise road connectivity in Delhi but also to provide a convenient alternative route for commuters and freight traffic from the southern and eastern parts of Haryana to Delhi and beyond, extending to Rajasthan.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..