UP Govt. Grants Extra Funds For 31km Road

16 Aug 2023 CW Team

To maintain connectivity between the Noida International Airport (NIA) and the Delhi-Mumbai Expressway, the Yogi Adityanath administration in Uttar Pradesh has sanctioned a budget of Rs 48.62 crore.

This funding will be utilized to finish the 31-kilometer DND-Faridabad-Ballabgarh Bypass Link Road, which would link the airport with Ballabgarh in the Haryana province.

The state government's acceptance of this additional amount corrects the discrepancy in the project's land valuation, effectively removing the obstacle and enabling the project to move forward.

The proposal was presented to the state government, and on August 12 a spokeswoman for the administration declared that the final infusion of funding needed for the project had been approved.

For the project, the Gautam Budh Nagar district administration purchased 64 acres of private land.

Following that, the landowners received compensation totaling more than Rs 250 crore.

Later, though, a larger sum was needed to seize the land in Dayanatpur, Karauli Bangar, and Amarpur, among other villages.

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..