Ulhasnagar issues tenders worth Rs 1.50 bn for road work

02 Nov 2022 CW Team

The Mumbai Metropolitan Road Development Authority (MMRDA) has issued tenders for work on six main routes in the Ulhasnagar Municipal Corporation (UMC) jurisdiction with a fund of Rs 1.50 billion, UMC Deputy Commissioner Ashok Naikwade said this week.

The UMC is preparing to make all the roads in Ulhasnagar cement-concrete. Already, more than 60% of the roads in the township are cement-concrete.

On funding, Naikwade said, “The UMC under the Suvarna Jayanti Urban Development Scheme has received a fund of Rs 2.43 billion. If the work is approved, the roads in Ulhasnagar will be in a good condition.

“The Ulhasnagar civic body spends crores of rupees every year on road repair and pothole filling. If concrete roads are constructed, this money can be saved,” UMC Commissioner Aziz Shaikh said.

Shaikh said the civic body is trying to complete the city development work on time and most of the development work will be complete before the new year.

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..