MSRDC Proposes Rs 3.07 Bn Compensation for Kalyan-Shil Phata Road Widening

27 Jan 2024 CW Team

In response to the road widening initiative, the MSRDC is taking a proactive step to address the concerns of individuals affected by the project. The proposed compensation, totalling Rs 3.07 billion, reflects the corporation's commitment to ensuring fairness and mitigating any adverse effects on the local community.

The compensation plan, once approved and implemented, will be instrumental in supporting those affected by the road widening efforts. The MSRDC aims to distribute the compensation judiciously among the impacted individuals, acknowledging the importance of providing equitable and timely relief during this infrastructural development.

The Kalyan-Shil Phata Road widening project is a strategic endeavour to enhance transportation infrastructure, and the MSRDC's compensation proposal underscores the responsible approach taken to minimise the socio-economic impact on the local population. As the project progresses, this compensation initiative aligns with the broader goal of fostering collaborative and inclusive development in the state of Maharashtra.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..