Two Cuttack riverside ring roads to be expanded

07 Jul 2022 CW Team

The Mahanadi and Kathajodi ring roads in Cuttack will be expanded to six lanes as part of the city’s decongestion plan. These two-lane roads that were constructed on the ring embankment to protect the city from flood water of the two rivers have not been expanded since they came into being.

Chairman of Cuttack Development Authority (CDA) Anil Samal said in the first phase, six-lane expansion of Kathajodi ring road will be undertaken from Khan Nagar to Link Road to facilitate a wide road for the Cuttack Netaji Bus Terminal (CNBT), which is under construction at Khan Nagar. The road will be expanded towards Kathajodi river side.

This 2.85-km stretch will be expanded at a cost of Rs 1.70 billion. A tender for the project has been floated and expansion work is scheduled to be completed within two years, he said. The existing two-lane road will be three-laned for construction of footpaths, bus stops and landscaping with small parks and public amenities.

For the purpose, apart from acquisition of some private land, around 150 families living in slums that have come up illegally on the river side will be evicted. The state government has approved a resettlement and rehabilitation package for those evicted.

Also Read:
GHMC lays 146 km of VDCC roads in Hyderabad this FY
4-laning of Goa/Karnataka border road near completion: Gadkari

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..