Mayor urges swift progress on Mangaluru's Mahaveer Circle-Padil Road

13 Feb 2024 CW Team

Mayor Sudheer Shetty Kannur, accompanied by Praveen Chandra Alva, the opposition leader of the Mangaluru City Corporation (MCC) council, conducted an inspection of the Mahaveer Circle (Pumpwell)-Padil Road stretch. This 2.8 km stretch, considered a vital entrance to the city, is undergoing a four-lane development project with an estimated cost of Rs 240 billion through the Mangaluru Smart City Limited (MSCL). Despite the project being initiated in February 2022, progress has been sluggish, prompting concerns about the inconvenience caused to motorists.

The MSCL initiated the development after the denotification of the old National Highway stretch, formerly part of Mangaluru-Bengaluru NH 75. Mayor Sudheer Shetty Kannur, expressing concern over the delayed work affecting traffic, visited the site with engineers. He instructed officials to expedite the completion of the four-lane road, emphasising the need for finishing the project by March 2024. Due to additional tasks such as constructing retaining walls and underground drainage, the project cost may increase to Rs 300 million.

The Padil-Pumpwell stretch, part of 11 road projects undertaken by MSCL, connects National Highway 75 (Mangalore-Bangalore) with National Highway 66 (Kasaragod-Mangalore-Udupi). Mayor Sudheer Shetty Kannur noted that the progress of the road project has been hindered by delays in laying natural gas pipelines by GAIL and drinking water supply pipelines under the 'Jalasiri' government scheme.

The completion of gas and water supply pipelines is expected by the end of this month. In addition to widening the road to four lanes, which is a crucial route for vehicles from Bengaluru, Mysuru, and Madikeri entering the city, MSCL plans to install streetlights along the busy stretch.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..