Goa’s 22km Canacona Stretch to be 4-Laned at Rs 10 Bn
ROADS & HIGHWAYS

Goa’s 22km Canacona Stretch to be 4-Laned at Rs 10 Bn

The Union Ministry of Road Transport and Highways, through the Goa Public Works Department (PWD), has tendered the work to four-lane the remaining 22.1 km stretch of highway. The widening will cost over Rs 10 billion. Once completed, only the controversial stretch in Cuncolim will remain for four-laning on the Mumbai to Kanyakumari highway.

Union Minister Nitin Gadkari announced the project, which covers the stretch from Bendordem to the Canacona bypass and further to the Karnataka border at Polem. The stretch is part of the larger Mumbai-Kanyakumari four-lane corridor, crucial for South Goa’s connectivity.

The development will significantly reduce congestion, improve traffic flow, and address accident-prone zones along the route, which connects Margao, Cuncolim, and Canacona. The tender process will close on January 13, 2025.

The project will be implemented under the hybrid annuity model, with the government providing 40% of the construction cost and the remaining 60% paid over the concession period. Once completed, the focus will shift to the Cuncolim bypass, with land acquisition proceedings already underway.

The Union Ministry of Road Transport and Highways, through the Goa Public Works Department (PWD), has tendered the work to four-lane the remaining 22.1 km stretch of highway. The widening will cost over Rs 10 billion. Once completed, only the controversial stretch in Cuncolim will remain for four-laning on the Mumbai to Kanyakumari highway. Union Minister Nitin Gadkari announced the project, which covers the stretch from Bendordem to the Canacona bypass and further to the Karnataka border at Polem. The stretch is part of the larger Mumbai-Kanyakumari four-lane corridor, crucial for South Goa’s connectivity. The development will significantly reduce congestion, improve traffic flow, and address accident-prone zones along the route, which connects Margao, Cuncolim, and Canacona. The tender process will close on January 13, 2025. The project will be implemented under the hybrid annuity model, with the government providing 40% of the construction cost and the remaining 60% paid over the concession period. Once completed, the focus will shift to the Cuncolim bypass, with land acquisition proceedings already underway.

Next Story
Real Estate

Casagrand Launches 41-Acre Highcity Project in Chennai

Casagrand has launched Casagrand Highcity, a 41-acre integrated residential development on Chennai’s Outer Ring Road (ORR), marking the company’s largest residential project to date.The project will comprise over 4,000 two and three BHK apartments across four G+22 towers and is positioned as one of the largest organised residential developments in the ORR corridor.Located along Chennai’s emerging residential and infrastructure growth belt, the project benefits from connectivity to IT hubs including Navalur, Siruseri SIPCOT and Porur, as well as industrial clusters such as Sriperumbudur, ..

Next Story
Real Estate

Brigade, Marriott Open Courtyard Kochi Infopark

Brigade Hotel Ventures (BHVL) and Marriott International have opened Courtyard by Marriott Kochi Infopark, a rebranded and upgraded hotel formerly operating as Four Points by Sheraton Kochi Infopark.Located in Kakkanad adjoining Infopark Kochi, the 218-room property strengthens Brigade’s hospitality portfolio in one of the city’s key IT and commercial corridors. The hotel is positioned to cater to corporate, MICE and leisure travellers visiting Infopark, SmartCity and other business hubs in Kochi.The property offers flexible workspaces, smart TVs and high-speed WiFi across rooms and suites..

Next Story
Real Estate

WorkEZ Expands South India Portfolio to 1.7 Mn Sq Ft

Work Easy Space Solutions (WorkEZ) has expanded its managed workspace portfolio to approximately 1.7 million sq. ft. across 12 operational buildings and two upcoming developments, strengthening its footprint across South India.The expansion includes the addition of 65,000 sq. ft. at Phoenix One National Park in Chennai and the company’s entry into Kochi through a partnership with Lulu Developers, adding another 70,000 sq. ft.WorkEZ has also signed a 0.4 million sq. ft. development in Coimbatore with Veeras Infra following the successful leasing of 0.1 million sq. ft. in the first phase. The ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement