Finally, Green Line 4 track laying contracts awarded

03 Oct 2023 CW Team

The long-anticipated Mumbai to Thane metro network, specifically the Eastern Suburb Metro Green Line 4, has taken a significant step forward with the awarding of work orders for the construction of the carshed and track laying.

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced the appointment of a contractor for the construction of the Mogharpada Depot (carshed) in Thane, marking a pivotal moment in the project's progress. This depot will serve as a vital component of the Mumbai Metro Green Line Routes 4 and 4A, connecting the regions of Wadala to Gaimukh.

The esteemed contracting firm, Messrs SEW-VSE (JV), secured the project with the lowest bid of Rs. 9,05,00,00,000/-. The Mogharpada Depot will encompass an expansive area of approximately 42.25 hectares in Mogharpada and will encompass a range of essential facilities. These include stabling yards, an operational control center, administrative buildings, maintenance and workshop facilities, an auxiliary substation, staff quarters, and other critical infrastructure elements.

Notably, the depot will feature 64 stabling lines, of which 32 are currently in operation, with provision for an additional 32 in the future. It will also include 10 inspection bay lines and 10 workshop lines. This development signifies a significant leap forward in the construction of the Mumbai to Thane metro network, enhancing connectivity and transportation options for the region.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..