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

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..