BMC Approves Phase 2 of Kala Ghoda Precinct Upgrade

18 Sep 2025 CW Team

With the first phase of the Kala Ghoda precinct development nearing completion, the Brihanmumbai Municipal Corporation (BMC) has approved the second phase, aimed at upgrading five key roads while introducing a public plaza and improved parking. The project forms part of a broader plan to transform the city’s iconic art district into a greener, more pedestrian-friendly cultural hub.

Phase 2 will cover Mahatma Gandhi Road, K Dubash Road, Nagindas Road, Chamber of Commerce Lane, and Forbes Street, while Phase 1 work continues at V B Gandhi Marg, Rutherfield Street, Rope Walk Lane, Saibaba Road, and B Bharucha Road.

A central feature will be a pedestrian plaza at Kala Ghoda, with the stretch outside Rhythm House on K Dubash Road converted into a public square. The road in front of Jehangir Art Gallery will be reconfigured into a two-way street. Flooring will combine basalt and granite finishes, complemented by landscaping with trees such as Bakul, Heliconia Psittacorum, Purple Heart, and Golden Durante.

Given the scale of work, Phase 2 has been divided into 2A and 2B. Phase 2B will involve larger interventions, including plans for underground parking. Former BJP corporator Makrand Narwekar said the initiative would make the precinct “a greener, and more pedestrian-friendly space.”

The Urban Design Architecture (UDA) team has secured BMC approvals. Phase 2A is expected to cost Rs 12 crore, with tenders to be issued once clearances from other agencies are obtained.

Image source:swarajya.gumlet.io

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..

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..