Sarojini Nagar Land to Host New Commercial Hub

02 Dec 2024 CW Team

The Centre plans to monetise nearly 60 acres of prime land in Delhi's Sarojini Nagar by developing a new commercial centre and additional housing units for sale and government employees. The move aims to offset costs incurred in redeveloping seven General Pool Residential Accommodation (7GPRA) colonies, a Rs 350 billion project initiated in 2016.

The proposed commercial hub will span 14 acres and is expected to generate Rs 60-70 billion . It will be located near the newly constructed World Trade Centre in Nauroji Nagar, which is part of the 7GPRA redevelopment initiative.

Initially, the project costs were to be covered by sales from WTC and retail spaces in Sarojini Nagar. However, delays caused by the Covid pandemic and the inclusion of new components—such as a 14-km elevated corridor to decongest surrounding areas—have escalated expenses.

To recover the increased costs, the government is expanding the scope of commercial and residential developments. Revised project plans have been sent to the Public Investment Board for approval, following directives from the Union finance ministry.

This redevelopment of seven south Delhi colonies aims to meet housing demands for central government employees and is being executed on a self-financed model.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..