Hyderabad Metro Phase 2: 800 Properties Set To Be Acquired

27 Dec 2024 CW Team

Hyderabad's metro phase-2 expansion, from MGBS to Chandrayangutta, has reached a major milestone with notifications issued for the acquisition of 800 properties. This expansion is vital for enhancing the city's metro network.

As per a statement from the Hyderabad District Collector, an agreement has been reached with property owners regarding compensation.

The compensation agreement includes Rs 81,000 per square yard, plus construction value, which was finalised after extensive discussions with property owners. Affected individuals are invited to visit Metro Bhavan in Rasoolpura, Begumpet, to provide their consent for the compensation. Once consent is given, the full compensation will be disbursed via cheque within 10 days.

This development underscores the government's commitment to ensuring fair compensation and a smooth land acquisition process for public infrastructure projects. It also highlights the government's focus on advancing the city's metro expansion while compensating property owners adequately.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..