Coimbatore’s Palakkad Main Road to Be Widened to Four Lanes

17 Apr 2025 CW Team

The Palakkad Main Road in Coimbatore is set to be widened from a single-lane road into a four-lane road. The goal of widening the road is to reduce the amount of one-way traffic which often causes congestion and delays. The project is expected to cost Rs 1.02 billion and is currently awaiting Administrative Sanction (AS) from the state government.

The proposal, submitted by the Coimbatore State Highways Department, intends to acquire land on both sides of the road and expand the lane over a distance of 800 metres. The new road is planned to be 16.2 m wide with 7.5 m allocated for both sides and 1.2 m allocated for the central median. Additionally, a 5.5 m wide road will be developed on both sides of the nearby Marappalam railway bridge along with a stormwater drainage system.

An official from the Highways Department has stated that once the sanction is granted, the road-widening work will begin immediately and will likely be completed within a year. He added that during construction, light vehicles such as motorcycles will take a left at Madukkarai junction if they are heading to Kerala from Coimbatore. If they are heading to Coimbatore from Kerala, they will be allowed through Chettipalayam Pirivu, Viragukadai Bridge, and ACC Cement Factory Road. Heavy vehicles will be prohibited from the road, instead being diverted on L&T Bypass Road.

Image source:www.reddit.com

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..