GCC urges quick land acquisition for upcoming bridge projects

23 Aug 2024 CW Team

An official indicated that since the flyover crosses railway tracks, coordination with the railways department is necessary. Some progress has been made, but delays are expected for this project, unlike others.

The Valluvar Kottam junction flyover project in Nungambakkam, which is being developed at a revised cost of Rs 1.95 billion, requires 10,878.5 sq m of land, including 2,859 sq m of private land. Although the tender has been issued, the project is still awaiting the issuance of the 11(1) notification.

In Chinna Nolambur, a high-level bridge is being constructed across the Cooum River, connecting Poonamallee High Road and the Union Road, requiring the acquisition of 4,396 sq m of land. The highways department is handling the acquisition for this project. A senior official mentioned that despite some expected delays, the project is still anticipated to be completed by January 2025.

Additionally, the bridge at Sannathi First Cross Street, which requires 1,532 sq m of land, is expected to be completed before 2025. Officials from the Greater Chennai Corporation (GCC) stated that most of the bridges, including those along South Usman Road, CIT Nagar First Main Road, and across Adambakkam Lake at Jeevan Nagar, are likely to be finished by January next year.

Corporation Commissioner J Kumaragurubaran noted that the land acquisition process, managed by the district collectorate across various departments, is taking some time. However, they have requested the process be expedited. He added that the Ganesapuram and Nolambur bridge projects are likely to experience delays, but progress is still being made.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..