BMRCL acquires majority of property identified for KIA metro

16 Dec 2021 CW Team

By locking three properties the Bengaluru Metro Rail Corporation Limited (BMRCL) acquires the possession of a mass share of the property identified for the Kempegowda International Airport (KIA) metro line construction.

Demolition of all the structures is almost completed on the 38-km stretch between K R Puram and the trumpet interchange, according to a report published by the media.

Identification of 224 properties spread over 2.21 lakh square metres has been done by the BMRCL for the project.

The engineering section has hold of the majority of land required for the project. The properties which are yet to be demolished include Government Flying Training School, automobile shop at Hebbal, car showroom nearby Kodigehalli, and a building compound wall near the trumpet interchange.

Earlier, the National Highways Authority of India (NHAI) gave possession of the land required for the metro line to KIA (between Hebbal to the trumpet interchange) to the BMRCL. The land was initially acquired by the NHAI for a project proposal.

Image Source

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..