Delhi NCR: Namo Bharat Train Set for Rapid Rail Upgrade

Rs.50 Mn Budget No Guarantee for Luxury Housing in NCR

Despite a budget of ?50 million , luxury housing in the National Capital Region (NCR) may not be easily attainable as prices continue to soar to new highs. The real estate market in the NCR region is witnessing unprecedented price escalations, making luxury accommodations increasingly out of reach for many prospective buyers.

The surge in prices is attributed to various factors, including increasing land costs, construction expenses, and high demand for premium properties in prime locations. Developers are capitalising on the growing demand for luxury housing, leading to a significant u..

Enfinity Global Inc. secures $135 mn financing with CPP Investments

Enfinity Global Inc. has finalised a $135 million financing agreement with the Canada Pension Plan Investment Board (CPP Investments) for the development and implementation of 1.2 gigawatts (GW) of solar and wind projects spanning five Indian states.

"The projects in this portfolio, spread across five states (Maharashtra, Delhi, Karnataka, Rajasthan and Uttar Pradesh), are in advanced stages of development and are expected to be commissioned between 2025 and 2026," the company said in a statement.

Carlos Domenech, CEO, Enfinity Global, highlighted the significance of renewable ..

Noida Airport to be linked by expressway, rapid rail, and pod taxi

The construction of Noida International Airport, also known as Jewar airport, was in its final stages, and passenger services were expected to begin in October. The airport would be linked by six roads and a rapid rail-cum-metro, in addition to pod taxis.

Upon completion, the Noida airport was projected to be the largest in India and the third in the National Capital Region (NCR) after Delhi airport and Hindon airbase in Ghaziabad.

A 31-km greenfield expressway was being built to connect the airport to the Delhi-Mumbai Expressway at Ballabhgarh.

The National Highway Aut..

Andhra train crash: CRS report implies avoidable accident

Railway safety experts, loco pilot associations, and trade union representatives attributed primary blame for the collision of two trains in the Waltair Division of the East Coast Railway, which resulted in 17 fatalities, to senior railway operating officials. They referred to the October 29, 2023, train accident.

According to the Commissioner of Railway Safety (CRS) report, it was found that three trains had overrun two defective signals before the accident. It was alleged that senior operating officials had overlooked these signals. The collision occurred when Train No. 08504 (VSKP-R..

Railways Calls for Bids for Varanasi Division Projects

Indian Railways has initiated the bidding process for various infrastructure projects in the Varanasi division. These projects aim to enhance rail connectivity and modernise facilities in the region, bolstering local transportation and economic growth.

The projects include the construction of new railway lines, upgrades to existing tracks, and improvements in station infrastructure across Varanasi division. This initiative is part of Indian Railways' ongoing efforts to modernise and expand its network, catering to increasing passenger and freight demands.

The bidding process invi..