High Court Clears Path for Tribune Flyover After 4-Year Hiatus

03 May 2024 CW Team

After a prolonged hiatus of four years, the Punjab and Haryana High Court has finally given its nod to the Tribune Flyover project, marking a significant milestone in its progression. This much-awaited decision brings a sense of relief to commuters in Chandigarh and its adjoining areas, who have been grappling with severe traffic congestion and delays.

The Tribune Flyover project, initially proposed to ease traffic woes and enhance connectivity, had encountered numerous legal impediments, stalling its progress for an extended period. However, with the recent clearance from the High Court, the project is poised to resume with renewed vigour and determination.

The resumption of work on the Tribune Flyover is expected to have far-reaching implications for the region. Not only will it alleviate traffic congestion along one of the busiest corridors, but it will also streamline commuting for thousands of residents and commuters who traverse this route daily. Additionally, the project is anticipated to boost local economic activity and spur development in the surrounding areas.

With construction efforts set to gain momentum following the court's verdict, stakeholders and authorities involved in the project are gearing up to expedite its execution. The timely completion of the Tribune Flyover holds the promise of enhancing the overall infrastructure landscape of Chandigarh and fostering smoother transportation networks for its residents.

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..