Central Panaji Roadwork Nears Completion Ahead of Carnival

05 Mar 2025 CW Team

The extensive road development project in Central Panaji, led by Imagine Panaji Smart City Development Ltd. (IPSCDL), is progressing well, with Phase 3 nearing completion just in time for the city’s Carnival parade. Traffic movement has been partially restored on the Phase 3 roads, minimising disruptions for residents and visitors.

The project began earlier this year to enhance the city’s infrastructure while reducing public inconvenience. Phase 1, covering 735 meters, was completed ahead of schedule on January 20, 2025, and included key stretches like MG Road and Swami Vivekananda Road. Phase 2, covering 1,024 meters across MG Road, TB Cunha Road, 18th June Road, and Cunha Rivara Road, was finished on February 7, 2025, further improving connectivity.

Phase 3, which started on February 8, 2025, covers 1,415 meters and is in its final stages. It includes stretches of MG Road, General Bernardo Guedes Road, General Costa Alvares Road, and several internal lanes. With most roads now open for vehicles, the city is prepared for smooth traffic flow during the Carnival celebrations.

Phase 4 is set to begin on March 1, 2025, covering 530 meters along MG Road, with completion targeted for March 31, 2025. The final stages, Phases 5 and 6, will focus on bituminous concrete paving, road painting, landscaping, and tree planting between May and June 2025.

(goemkarponn)

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..