Ring Road and Purandar Airport: BJP-Sena to speed up projects

13 Mar 2023 CW Team

The Maharashtra government has announced that it will prioritise the proposed new international airport at Purandar and expedite the completion of Pune Ring Road as part of its push for mega infrastructure projects in Pune. In the budget tabled in the State Legislative Assembly, Deputy Chief Minister Devendra Fadnavis stated that the planning for the new international airport at Purandar is underway, while the cost of building the Pune Ring Road is estimated at INR 270,000 million.

The state government will provide more funds for land acquisition for the road and for the construction of missing links between Khopoli to Khandala on Mumbai Pune Expressway, which is 60 per cent complete. The government will also contribute 50 per cent of the cost for a new semi-high speed railway service between Nashik and Pune. In addition, the state government will provide funds for the construction of a Chhatrapati Shivaji Maharaj Theme Park, a national memorial for Savitribai Phule, and for the development of the Bhimashankar Jyotirlinga and other jyotirlingas in Maharashtra.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..