New FASTag Rules: KYC Updates and Single Account for Toll Efficiency

02 Aug 2024 CW Team

The Indian government has introduced new FASTag regulations aimed at improving toll plaza efficiency and streamlining transactions. Under the updated guidelines, vehicle owners are required to complete Know Your Customer (KYC) procedures and use a single FASTag account for all their toll transactions.

The primary goal of these new rules is to enhance the operational efficiency of toll plazas across the country. By mandating KYC updates, the government aims to ensure that FASTag accounts are accurate and up-to-date, which will help in reducing fraud and discrepancies.

The rule requiring a single account for all toll payments is designed to simplify the toll collection process. It eliminates the need for multiple FASTag accounts for different vehicles or routes, thereby minimising confusion and improving the overall user experience.

These changes are expected to lead to faster and more efficient toll processing, as well as reduce congestion at toll plazas. By consolidating transactions under a single account, the system can more effectively manage toll payments and ensure smoother traffic flow.

The implementation of these new FASTag rules is part of the broader initiative to modernise toll collection systems and enhance the efficiency of road infrastructure. The move is anticipated to bring significant benefits to both road users and toll operators by creating a more streamlined and user-friendly tolling environment.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..