+
Maharashtra's Samruddhi Mahamarg to Complete by September 2024
ROADS & HIGHWAYS

Maharashtra's Samruddhi Mahamarg to Complete by September 2024

Maharashtra State Road Development Corporation (MSRDC) is on track to complete the Samruddhi Mahamarg, a key infrastructure project, by September 2024. The final 76 km stretch of this ambitious expressway is set to become operational shortly.

The Samruddhi Mahamarg, also known as the Mumbai-Nagpur Expressway, is a major road network designed to significantly reduce travel time between Mumbai and Nagpur. Once fully operational, it is expected to enhance connectivity, boost economic activity, and promote regional development by providing a high-speed, efficient transportation corridor.

MSRDC officials have confirmed that construction is progressing rapidly, with substantial work already completed on the remaining stretch. The expressway will feature modern amenities and safety features, aligning with its goal to support increased trade and travel within Maharashtra and beyond.

The completion of this expressway is anticipated to have a transformative impact on the state?s infrastructure, potentially improving logistics, fostering economic growth, and facilitating easier access to various regions. The project reflects Maharashtra's commitment to developing robust transportation networks to support its growing economy.

Maharashtra State Road Development Corporation (MSRDC) is on track to complete the Samruddhi Mahamarg, a key infrastructure project, by September 2024. The final 76 km stretch of this ambitious expressway is set to become operational shortly. The Samruddhi Mahamarg, also known as the Mumbai-Nagpur Expressway, is a major road network designed to significantly reduce travel time between Mumbai and Nagpur. Once fully operational, it is expected to enhance connectivity, boost economic activity, and promote regional development by providing a high-speed, efficient transportation corridor. MSRDC officials have confirmed that construction is progressing rapidly, with substantial work already completed on the remaining stretch. The expressway will feature modern amenities and safety features, aligning with its goal to support increased trade and travel within Maharashtra and beyond. The completion of this expressway is anticipated to have a transformative impact on the state?s infrastructure, potentially improving logistics, fostering economic growth, and facilitating easier access to various regions. The project reflects Maharashtra's commitment to developing robust transportation networks to support its growing economy.

Next Story
Real Estate

Arkade Buys Filmistan, Plans Rs 30 Bn Project on 4-acre Goregaon Plot

Arkade Developers, a real estate company, has entered into a binding agreement to acquire the entity 'Filmistan Pvt Ltd', for a total outlay of ~Rs 1.83 billion. This acquisition will enable Arkade Developers to develop the iconic 4-acre land parcel situated on SV Road in Goregaon West, popularly known as ‘Filmistan Studios’.Scheduled for a tentative launch in CY-2026 the planned uber-luxury residential development will feature spacious 3, 4, and 5 BHK residences along with exclusive penthouses, across two striking high-rise towers of 50 storeys each. With a projected Gross Development Val..

Next Story
Real Estate

Westermo Opens India Office, Built in Partnership with Space Matrix

Westermo, a global leader in industrial network solutions, has opened its first office in India. Located at Godrej Centre, Hebbal, Bengaluru, the 10,000 sq ft facility was designed and built in collaboration with multinational workplace consultancy Space Matrix. The office marks a key milestone in Westermo’s Asia expansion strategy and is tailored to support innovation, collaboration, and growth. The design of the new workspace blends Westermo’s global industrial brand language with Indian craftsmanship. Developed alongside Westermo’s Swedish branding team, the design incorporates n..

Next Story
Resources

Artha Global Makes India Debut with Rs 7 billion Private Credit Deal

Artha Global Opportunities Fund, one of the largest Category III AIFs based in GIFT City, has announced its first private credit investment in India with an infusion of Rs 7 billion into Phoenix Triton, a 2.8 million sq ft commercial real estate development in Hyderabad’s financial district. The funding is structured as a four-year non-convertible debenture (NCD) with a variable return model linked to the project’s sales performance. With both floor and cap interest rates, the structure aims to reduce cash flow pressures on the developer while offering investors upside aligned with pr..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?