Delhi Plans Ropeway Connectivity

03 Jan 2025 CW Team

Delhi Lieutenant Governor V. K. Saxena has instructed the Delhi Development Authority (DDA) to initiate a survey and identify feasible sites for the construction of ropeways or cableways across the Yamuna River, according to a statement from Raj Niwas. The DDA has been directed to provide a preliminary report within a month.

The proposed project aims to operate cable cars with a capacity of around 50 passengers each, running from morning to night, offering an eco-friendly mode of transport. The installations will be strategically placed near metro stations on both sides of the Yamuna to ensure accessibility while preserving the floodplain environment by avoiding encroachment or concretisation.

The Lieutenant Governor emphasised that the initiative will not only promote public transport usage but also encourage walking, fostering physical activity amidst daily schedules. The ropeways are expected to reduce reliance on pollution-causing vehicles like buses, autos, and private cars, alleviating road congestion and contributing to cleaner air.

Additionally, the project will shorten travel distances between residential and commercial areas, saving travel time and further reducing traffic. In areas such as Baansera and Asita, where the DDA has developed green spaces along the Yamuna, parking is intentionally kept at a distance to promote walking and fitness, reinforcing the sustainable and health-conscious ethos of the project.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..