9 Companies Submit Bids for Southern Peripheral Road Upgrade Contract

03 Feb 2025 CW Team

Nine companies have submitted bids for the strengthening and upgradation of a 5.5-kilometre stretch from Vatika Chowk to the clover leaf on NH 48, according to GMDA officials. The project, valued at Rs 900.65 million, is expected to be awarded to one of the bidders soon. The upgradation will involve overlaying the existing road with bituminous concrete, enhancing ridership, and reducing congestion. Additionally, slip roads will be constructed, and pedestrian footpaths will be repaired for safer and smoother movement of vehicles and pedestrians. The contract is expected to be finalised by the end of February.

The GMDA is also advancing the process of hiring a consultant for the construction of a five-kilometre elevated road along the Southern Peripheral Road (SPR). Five companies have placed bids for the consultancy work, which is worth Rs 5 million. The elevated road project, with an estimated cost of Rs 7.50 billion, aims to alleviate congestion, especially during peak traffic, at key intersections such as sectors 69, 70, and 71/72, among others. Traffic studies predict that grade separation will be required at these junctions within the next decade due to expected traffic volumes exceeding 10,000 cars per hour.

Furthermore, the GMDA has opened a tender to hire a consultant for the preparation of the Detailed Project Report (DPR) for the elevated road connecting Vatika Chowk and the clover leaf on the Dwarka Expressway near NH 48. The 5.5-kilometre-long elevated road, already approved by the state government, will cost Rs 7.50 billion and is expected to improve traffic flow on the Dwarka Expressway and NH 48. The award for the DPR work is also anticipated by the end of this month.

News source: Hindustan Times

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..