MMRDA to Build Elevated Road on Eastern Express Highway

21 Feb 2025 CW Team

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced the construction of an 8.24-km elevated road along the Eastern Express Highway, connecting Anand Nagar to Saket in Thane. The six-lane corridor, with three lanes in each direction, aims to decongest traffic by providing an alternative route for vehicles bypassing Thane.

"The elevated road will commence from Anand Nagar, within Mumbai’s limits, and extend up to the Kharegaon Toll Naka. The project has an estimated cost of Rs 21.88 billion and is expected to be completed in 48 months, including a 24-month defect liability period," a senior MMRDA official said.

A tree survey is underway to assess the environmental impact, though most of the project does not require clearance. However, a 120-meter-long section of the Kalwa Bridge needs approval, with the process currently in progress.

Once completed, the elevated road is expected to significantly ease congestion in Thane by diverting through-traffic, improving local movement, reducing travel time, and enhancing road safety. Authorities remain confident in balancing urban mobility needs with environmental concerns.

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 ..