Goa Approves Rs 1.92 Billion Mapusa Bus Stand Project

17 Sep 2025 CW Team

The Goa state government has announced plans to construct a new, modern bus stand in Mapusa, addressing a long-standing demand from Bardez residents. The project, to be executed under a public-private partnership (PPP) model, will involve an investment of approximately Rs 1.92 billion.

The decision comes after reports highlighted the deteriorating condition of the existing bus stand, which suffers from potholes, garbage accumulation and waterlogging during the monsoon.

The new bus stand will be developed over an area exceeding 27,000 square metres and will offer significant improvements, including:

Parking:

More than 700 parking spaces, with 500 dedicated to two-wheelers, 200 for four-wheelers and additional spaces for staff.

Amenities:

Two air-conditioned waiting lounges with WiFi, a cargo service facility, a restaurant, and a ticket area equipped with automatic vending machines.

Passenger Convenience:

Separate washrooms for men and women, baby-feeding rooms, drinking water facilities, a help desk, and full accessibility for wheelchairs and luggage trolleys.

The project will be implemented on a Design, Build, Finance, Operate and Transfer (DBFOT) model. The successful bidder will be responsible for the entire development, operation and maintenance of the facility before transferring it back to the government.

A senior official stated that Mapusa’s strategic location—being both commercially and culturally important—makes it ideal for a modern transport hub. The project will also include a commercial complex to enhance viability. The core facilities are expected to be completed within 24 months, with the commercial complex following within 36 months from the appointed date.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..