East Coast Road in TN to be widened in Rs 70 bn project

29 Nov 2022 CW Team

The East Coast Road (ECR) between Nagapattinam and Thoothukudi stretching 332 km in Tamil Nadu is being converted into four lanes at an estimated cost of Rs 70 billion, according to National Highways Authority of India (NHAI) project director YA Raut.

The Nagapattinam-Thoothukudi section (NH-32) passes through the coastal districts of Nagapattinam, Tiruvarur, Thanjavur, Pudukottai, Ramanathapuram and Thoothukudi. The existing two-lane ECR will be widened under the Bharatmala Phase I (Revised PIB) scheme, and 90% greenfield and 10% existing road lands have to be acquired for the project. It may be noted that the NHAI handed over the 126-km-long Thoothukudi-Kanyakumari ECR stretch to the Tamil Nadu government in August this year.

As per the Detail Project Report (DPR) for Nagapattinam-Thoothukudi NH, the project includes the construction of 47 Small Vehicular Underpasses (SVUPs), 22 major bridges, 45 Light Vehicular Underpasses, 11 major bridges over ponds and 669 new box culverts. It also includes widening works for 49 major bridges and six minor bridges.

Raut said the ECR upgradation will benefit the State socio-economically by triggering foreign trade and industrial production along the southern coast, as the road connects the major harbour cities of Chennai and Thoothukudi.

The ECR will also facilitate movements for defence vehicles, machinery for thermal power plants, ISRO projects, the atomic research centre at Koodankulam, and other vital installations dotting the southern Coromandel coastal strip.

Real Estate

03 Dec 2025

Noida Office Rentals Rise 18% in Six Years, Prime Districts up 29%: C&W

Noida’s office market has recorded an 18 per cent rise in average rentals over the past six years, underscoring the city’s growing appeal as a corporate hub, according to a new report by Cushman & Wakefield.In its study, Noida – Runway for Growth, the consultant noted that prime locations such as Sector 16 and Film City logged a sharper 29 per cent jump in rents, reflecting sustained demand and improving business infrastructure. As of September 2025, Noida’s office stock stands at 43.4 million sq ft, including 26.6 million sq ft of Grade A+ space.The report shows average rentals no..

Mount K Kapital Launches Rs 40-Bn Second Fund for Pan-India Real Estate Bets

Mount K Kapital, the realty-focused investment platform backed by the Rustomjee Group, has raised its second real estate fund of about Rs 40 billion, marking a major scale-up in its investment strategy.Binita Dalal, founder and managing partner, said the fund will finance 10–15 projects currently being identified across the Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru and Pune. The vehicle—supported by strong but undisclosed general and limited partners—will step in at the acquisition stage and continue funding through the development cycle in partnership with developers.Dalal ..

Kesar India Buys Key Nagpur Land for Major High-rise Project

Kesar India has expanded its national footprint with the acquisition of a 24,256 sq m land parcel in Hingna, Nagpur, paving the way for a large mixed-use high-rise development. With an estimated development potential of over 1.50 million sq ft, the project will cater to the city’s growing need for integrated residential and commercial spaces.The company expects the development to generate around Rs 9 billion in revenue, reinforcing its growth plans in one of Maharashtra’s fastest-expanding urban centres. The acquisition also strengthens its project pipeline as it continues to build a prese..