IMC to complete five out of 10 major road projects this FY

04 May 2023 CW Team

The much-discussed Khandwa Road is one of ten significant under-construction roads for which the Indore Municipal Corporation (IMC) has published schedules.

"To allow for free flow of traffic, we are constructing a network of large roadways in the city. The timeframe for the main roadways that are still under construction has also been revealed, according to mayor Pushyamitra Bhargav.

Five out of ten significant road projects that are now under development, according to a chart provided by IMC, will be finished in the fiscal year 2023–2024.

The Khandwa Road will be the first project to be finished.

According to Bhargav, work on the eagerly anticipated Khandwa Road, which runs 6.5 km from Bhanwarkuan Square to the Tejaji Nagar underpass, would be finished in June. "The road is being constructed at a cost of 526.8 million," he continued.

Additionally, the RE-2 project, which had run into difficulties because of obstructions caused by structures, will also be finished this fiscal year.

The Indore Development Authority and IMC are working together to build this road. The IMC is still having structures removed even after the IDA had finished its portion of the job. According to the mayor, work is also being done on the section that runs from Bhuri Tekri to RTO via Nemawar Road. He stated, "The project, which is estimated to cost roughly Rs 42 crore, will be finished in the current fiscal.

The route between Imli Bazaar and Mari Mata Square and the section between Musakhedi and Sanwariya Mandir would also open this fiscal.

According to the IMC, work would also be finished this fiscal year on the section that runs through Azad Nagar Square from Navlakha Square to the District Jail.

Additionally, the IMC promised to ensure that 40% of MR-3's work and 50% of RW-1's work (from Banganga Railway Cross to ISBT on MR-10) and MR-4's work (from Banganga Railway Crossing to Bhandari Bridge Underpass) and MR-5's work (from Khade Ganpati-Tigariya Badshah Road) would be finished during the current fiscal year.

The much-discussed Khandwa Road is one of ten significant under-construction roads for which the Indore Municipal Corporation (IMC) has published schedules. To allow for free flow of traffic, we are constructing a network of large roadways in the city. The timeframe for the main roadways that are still under construction has also been revealed, according to mayor Pushyamitra Bhargav. Five out of ten significant road projects that are now under development, according to a chart provided by IMC, will be finished in the fiscal year 2023–2024. The Khandwa Road will be the first project to be finished. According to Bhargav, work on the eagerly anticipated Khandwa Road, which runs 6.5 km from Bhanwarkuan Square to the Tejaji Nagar underpass, would be finished in June. The road is being constructed at a cost of 526.8 million, he continued. Additionally, the RE-2 project, which had run into difficulties because of obstructions caused by structures, will also be finished this fiscal year. The Indore Development Authority and IMC are working together to build this road. The IMC is still having structures removed even after the IDA had finished its portion of the job. According to the mayor, work is also being done on the section that runs from Bhuri Tekri to RTO via Nemawar Road. He stated, The project, which is estimated to cost roughly Rs 42 crore, will be finished in the current fiscal. The route between Imli Bazaar and Mari Mata Square and the section between Musakhedi and Sanwariya Mandir would also open this fiscal. According to the IMC, work would also be finished this fiscal year on the section that runs through Azad Nagar Square from Navlakha Square to the District Jail. Additionally, the IMC promised to ensure that 40% of MR-3's work and 50% of RW-1's work (from Banganga Railway Cross to ISBT on MR-10) and MR-4's work (from Banganga Railway Crossing to Bhandari Bridge Underpass) and MR-5's work (from Khade Ganpati-Tigariya Badshah Road) would be finished during the current fiscal year.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Infrastructure Transport

15 Sep 2025

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Real Estate

15 Sep 2025

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..