CMRL, Tata tie-up for underground station construction

21 Jul 2023 CW Team

For the construction of underground stations in corridor 3, the Chennai Metro Rail Limited (CMRL) signed a contract with Tata Projects Limited for Rs 1,204 crore. The contract is part of JICA funding for phase 2. The scope of work involves construction of four underground stations (US) at Otteri, Pattalam, Perambur Barracks Road and Kellys and work other than diaphragm wall of two US at Ayanavaram and Puraisaiwakkam High Road cum crossover box in corridor 3 of CMRL phase 2 projects.

In the presence of MA Siddique, Managing Director, CMRL, the contract was signed by T Archunan, Director (Projects), CMRL and Raman Kapil - Executive Vice President of M/s TATA Projects Limited.

Meanwhile, four stations will be constructed at Moolakadai, Sembiyam, Perambur Market and Perambur Metro Crossover at Sembiam and works other than diaphragm wall of two US at Madhavaram Milk Colony and Murari Hospital (Madhavaram High Road Metro) in corridor 3.

Real Estate

30 May 2026

Listed Developers’ Pre-Sales Rise 18 Per Cent

The combined pre-sales revenue of India’s top 11 listed real estate developers rose 18 per cent to over Rs 1.48 lakh crore in FY26 from nearly Rs 1.26 lakh crore in FY25, according to ANAROCK Research.The analysis covered Godrej Properties, Prestige Estates, DLF, Lodha, Signature Global, Brigade Enterprises, Puravankara, Oberoi Realty, Kolte-Patil, Keystone and Sobha. Developers with stronger exposure to premium and luxury housing recorded higher growth, led by Prestige Estates at 76 per cent, followed by Puravankara at 48 per cent, Keystone at 33 per cent and Sobha at 30 per cent.ANAROCK sa..

Autodesk To Acquire MaintainX For $3.6 Billion

Autodesk has signed a definitive agreement to acquire MaintainX, a maintenance and asset operations software company, in a deal valued at $3.6 billion. The acquisition will be funded through cash on hand and debt financing and is expected to close later this fiscal year.MaintainX is projected to exceed $135 million in annualised recurring revenue in 2026. Its mobile-first platform helps organisations manage assets, coordinate frontline workflows and track real-world operational data across global operations.Autodesk said the acquisition will support its broader move into connected operations b..

Zinc City Half Marathon Returns In September

Hindustan Zinc will host the third edition of the Vedanta Zinc City Half Marathon in Udaipur on 6 September 2026. Organised in association with Any Body Can Run, the AIMS-certified race will feature 21.097 km, 10 km and 5 km categories.Registrations will open from 1 June 2026 through the Udaipur Marathon and Hindustan Zinc social media pages and websites, and will remain open until slots are filled. A virtual run option will also allow participants from across the world to join the event.Known as India’s Most Beautiful Marathon, the race will take runners through Udaipur’s Fateh Sagar lake..