Shriram Properties Signs JDA for North Bengaluru Project

05 Sep 2025 CW Team

Shriram Properties (SPL), a leading residential real estate developer focused on the mid-market and mid-premium segments, has signed a Joint Development Agreement for a 6.5-acre prime land parcel in North Bengaluru.

The company will develop a premium apartment project with a saleable area of around 0.6 million sq ft and an estimated gross development value (GDV) of Rs 5 billion. Strategically located in Yelahanka, adjacent to the upcoming 154-acre Madapanahalli Biodiversity Park and a proposed large state park, the project is slated for launch in the next fiscal year.

SPL said the development will be an iconic addition to Bengaluru’s skyline, blending urban living with ecological surroundings. The initiative also aligns with the company’s asset-light growth strategy, strengthening its project pipeline and growth momentum.

“This project marks a significant milestone in our journey to create landmark developments that blends luxury living with ecological harmony. Yelahanka’s evolving landscape and its proximity to the upcoming biodiversity park make this location truly unique. We are excited to bring a thoughtfully designed residential experience to this vibrant part of Bengaluru,” said Akshay Murali, Vice President – Business Development, Shriram Properties.

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..