Nagpur Gets Rs 9 Billion Nod For Phase V Cement Road Project

22 Aug 2025 CW Team

The Nagpur Municipal Corporation (NMC) has received state approval for Phase V of its cement road project, with a sanctioned budget of Rs 9 billion. The plan will convert 135 major tar roads, spanning 89.22 km, into durable concrete stretches.

This phase will connect strategically with roads constructed in Phase IV and integrate rainwater harvesting systems to mitigate urban flooding and boost groundwater recharge. Officials noted that the project not only enhances road durability but also forms part of a wider urban resilience strategy.

Zone-wise allocations highlight both political support and local planning. The Ashi Nagar zone leads with 22 roads covering 16.49 km, followed by Dharampeth with 15.36 km and Nehru Nagar with 12.48 km. Dharampeth’s inclusion was routed through the Chief Minister’s Office. Hanuman Nagar’s 7.94 km allocation had the backing of Union Minister Nitin Gadkari, while Gandhibagh’s 3.25 km plan was supported by MLA Narendra Borkar and local corporators.

Other allocations include 11.90 km in Mangalwari, 13.35 km in Lakadganj, 7.65 km in Laxminagar, and 6.80 km in Dhantoli. Officials emphasised that the project reflects a forward-looking approach to urban planning, combining infrastructure durability with climate-resilient measures.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..