Contractors ready to restart the ECR widening project

28 Apr 2022 CW Team

The ECR widening project is waiting for approval from the Centre to restart its operations. The two contractors that had been appointed for the road widening, transforming it into a four-lane stretch from the current two lanes, have started mobilising men and machinery. They are awaiting a final nod from the National Highways Authority of India (NHAI) for performing the ground-breaking ceremony.

The State government issued the NOC for the road widening project recently, and the letter is forwarded to the National Highways Authority of India (NHAI) headquarters. They are waiting for their approval and have requested the contractors to wait for some time. Contracts are awarded for two packages till Mugaiyur for a total cost of Rs 1,500 crore and the land acquisition for the same will cost approximately Rs 600 crore.

The third package which will be connecting the road with the bypass to Puducherry shall be awarded by September as there are certain changes that have been made to the alignment. The authorities will be bypassing Auroville and Puducherry. A new alignment is fixed for the road between Villupuram and Puducherry. The advantage of this move is that the traffic meant for Cuddalore and further should not enter the tourist town. They will connect it with the ECR bypass.

Upon the completion of the work, ECR shall have an 8.5 m wide carriageway having paved shoulders on both sides and a median. Service lanes will be provided on all built-up stretches. The total cost of the project will be around Rs 3,000 crore. As the NHAI takes possession of the road from the Tamil Nadu Road Development Company (TNRDC), it would have toll plazas only on Uthandi and Kelambakkam.

Image Source

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..