Singapore Central Bank Proposes New REIT Leverage Rules

Gujarat Allocates Rs 22 Bn to Boost Urban Infra

The Gujarat government has approved an allocation of Rs 22.04 billion under the Swarnim Jayanti Mukhyamantri Shaheri Vikas Yojana (SJMMSVY), aimed at revitalising urban infrastructure across the state. This funding supports a wide array of projects, including road construction and widening, underground drainage systems, stormwater lines, gardens, libraries, recharge wells, city beautification, identity-based projects, and the strengthening of social infrastructure.The initiative is part of Gujarat’s broader vision to foster eco-friendly, inclusive, and resilient urban centres. Declaring 2025..

India Installs Longest Rail Flyover Girder at Kalamboli

India’s freight transport infrastructure has reached a major milestone with the successful installation of its longest rail flyover girder by the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) at Kalamboli, Maharashtra.This significant engineering feat is part of the Western Dedicated Freight Corridor (WDFC), a 1,500-kilometre initiative designed to modernise the country’s logistics network. The girder, an open-web steel structure measuring 110.5 metres in length and weighing 1,500 tonnes, was installed without disrupting operations on the live Indian Railways track below..

Mumbai Unveils Two New ROBs to Ease Traffic Congestion

Maharashtra Chief Minister Devendra Fadnavis on Tuesday inaugurated two key road overbridge (ROB) projects in Mumbai and its outskirts, aimed at easing traffic congestion and improving east–west connectivity in high-density urban areas.The Rs 2.73 billion Reay Road cable-stayed bridge and the Rs 1 billion Titwala ROB in the Kalyan-Dombivli region were both developed by the Maharashtra Rail Infrastructure Development Corporation (MahaRail). While the Reay Road bridge was opened in person, the Titwala bridge was inaugurated virtually at the same event.The Reay Road ROB, spanning 385 metres, is..