Coimbatore western bypass on the fast track; phase one ready by 2025

13 May 2024 CW Team

The wait for improved traffic flow in Coimbatore might be nearing its end. The city's highway department is accelerating efforts to complete the first phase of the long-awaited western bypass project by August 2025.

This 32-kilometer project is divided into three phases. Phase one is seeing significant progress, with construction underway on an 11.8-kilometer, four-lane road stretching from Madukkarai to Madhampatti. The estimated cost for this initial phase is Rs 2 billion. While initial delays due to sand availability have been addressed, the department is pushing forward to complete the remaining work swiftly.

Progress is also being made on land acquisition for the subsequent phases. The second phase, covering nearly 10 kilometers from Madhampatti to Kanuvai, has already achieved 70% completion in land acquisition. To secure government funding, the department is aiming to finalise 90% of land acquisition within the next month. Land acquisition efforts have also begun for the final phase of the project.

However, K. Kathirmathiyon, Secretary, Coimbatore Consumer Cause, expressed concerns about potential delays. He emphasised the importance of thorough government planning to avoid project delays exceeding a year. He's also observed a tendency for project scopes to change mid-stream, sometimes leading to cancellations or downsizing. For Coimbatore, a city accustomed to delays, Kathirmathiyon urged the government to set clear timelines for land acquisition, especially if there are no legal roadblocks.

(Source: News18)

Real Estate

15 Sep 2025

Mukesh Ambani Buys Tribeca Building in New York for $17.4M

Mukesh Ambani, India’s richest man, has reportedly purchased a building in New York City’s Tribeca neighbourhood for $17.4 million, two years after selling his two-bedroom condo in downtown Manhattan for $9 million.The property, located at 11 Hubert Street, had been vacant for a decade, despite previous owners’ ambitious plans to convert it into a single-family mansion.RIL USA, the US arm of Reliance Industries Limited, acquired the building for slightly less than the $20 million tech billionaire Robert Pera, chairman and CEO of Ubiquiti, paid in 2018. After acquiring it, Pera engaged ar..

IAS Officer M Angamuthu Appointed Chairman of Mumbai Port Authority

M Angamuthu, a 2002-batch Indian Administrative Service (IAS) officer of the Assam-Meghalaya cadre, was appointed chairman of the Mumbai Port Authority (MbPA) on Saturday. He will assume charge later this week, succeeding Sushilkumar Singh, chairman of Deendayal Port Authority, who had held additional charge of MbPA since October 2024 following the retirement of former chairperson Rajiv Jalota.Angamuthu, previously chairman of the Visakhapatnam Port Authority, brings extensive administrative experience to the role. He is a former commissioner and secretary to the Government of Assam and has al..

Adani Road to Acquire D P Jain TOT Toll Roads for Rs 13.42B

Adani Road Transport Limited (ARTL), a wholly owned subsidiary of Adani Enterprises, has executed a Share Purchase Agreement (SPA) on 11 September 2025 to acquire a 100 per cent stake in D P Jain TOT Toll Roads Private Limited (DPJTOT). The acquisition, valued at an enterprise value not exceeding Rs 13.42 billion, is subject to regulatory approvals and customary conditions.Under the agreement, ARTL will acquire the stake from D P Jain TOT Toll Roads Pvt. Ltd (DPJTOT), D P Jain & Co Infrastructure Pvt. Ltd., and DPJ-DRA Tollways Pvt. Ltd.The transaction details have been disclosed pursuant ..