The Bicholim bypass road is 90% complete and will open this year

30 May 2024 CW Team

90% of the construction on the new four-lane Bicholim bypass road is already finished, and it will shortly be available for traffic. Residents of Bicholim might anticipate an improvement in traffic congestion once this Rs. 0.90 billion bypass becomes operational. Later this year, it is anticipated that all heavy trucks using the interstate route?which now passes through Bicholim town?will be rerouted via this bypass. Residents of Bicholim, who now experience traffic congestion, would benefit from this.

Assmas Constructions, a Goa-based contractor, is handling this state-funded project. The 4.6 km bypass will go from Bordem to Sarvan in Bicholim. As planned, this state roadway will be finished this year. Meanwhile, work on the other bypass road project in Bicholim taluka at Assonora is yet to take off. Last year, PWD floated the tender for the construction of the Assonora bypass, worth Rs 1.60 billion. Fully funded by the state government for now, the 2.9-km-long Assonora bypass will connect Assonora Market and Shirgao Junction. MVR Group has bagged this project, but the work has yet to start.

It is state highway 1, and work on the project was expected to begin after the 2023 monsoon. It is expected to be completed in 18 months.The land acquisition for the project has already been completed. The bypass will include a major flyover and a few minor bridges as well. This year, as planned, this state highway will be finished.

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 ..