GMRL Seeks Land And TOD Revenue To Fund Gurugram Metro Project

03 Jul 2025 CW Team

Gurugram Metro Rail Ltd (GMRL) plans to secure parcels of land along the Millennium City Centre–Cyber Hub corridor for commercial development and to claim a share of transit oriented development (TOD) proceeds, aiming to strengthen the scheme’s long term finances.

A senior official said GMRL has not yet been allotted any land for property ventures, but will ask the Haryana government to earmark suitable plots beside the alignment. Income from retail, offices and mixed use projects would supplement farebox receipts and bolster viability. GMRL will also request a portion of the uplift in land values generated by improved connectivity.

In March, the corporation met real estate developers and advisers to gauge how best to tap alternative revenues—station retail, naming rights, advertising and land value capture—drawing lessons from existing TOD projects in the city.

GMRL, a state special purpose vehicle, is delivering the Rs 54.52 billion Gurugram metro extension: a 28.5 kilometre elevated line with 27 stations linking Millennium City Centre and Cyber Hub.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..