Dilip Buildcon-RBL JV gets go-ahead for Surat Metro

06 Oct 2022 CW Team

Highways builder Dilip Buildcon (DBL) has announced that its joint venture with RBL had received a letter of acceptance from Gujarat Metro Rail Corporation (GMRC) for the Rs 10.61 billion Surat Metro Rail project. Surat Metro Rail is a 40.35-km-long project with two corridors. The first corridor, from Sarthana to Dream City, will be 21.61 km, with 6.47 km underground and the rest elevated. Sarthana, Nature Park, Kapodra, Labheshwar Chowk Area, Central Warehouse, Surat Railway Station, Maskati Hospital, Gandhi Baug, Majura Gate, Roopali Canal, and Dream City will be among the 20 metro stations. The project's total cost is Rs 120.20 billion.

Also read:
Railways to revamp 200 stations; work on at 32: Vaishnaw
President Murmu launches major Kandla Port upgrade works

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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..

Real Estate

07 Jul 2026

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..

Infrastructure Urban

07 Jul 2026

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..