Indian Railways, MoHUA ink MoU with JICA

10 May 2023 CW Team

The Mumbai-Ahmedabad High Speed Railway (MAHSR) station's surroundings are being developed by Indian Railways as part of a mission mode. In this regard, a Memorandum of Understanding (MoU) for Project - SMART has been signed by the Ministry of Railways and the Ministry of Housing and Urban Affairs (MoHUA).

The Project-SMART intends to improve passengers' accessibility and convenience as well as that of other stakeholders. It also seeks to encourage commercial activity close to station areas. In order to plan, develop, and administer the areas around MAHSR stations, the project would help institutional capacity of state governments, Municipal Corporations, and Urban Development Authorities.

Four high-speed rail stations have the MoU in place. These are Sabarmati, Surat, Virar, and Thane, in that order. There are twelve stations altogether along the high-speed rail line. Surat, Virar, and Thane are Greenfield stations out of those. Sabarmati Station in Gujarat is a Brownfield reconstruction.

Real Estate

08 Oct 2025

Delhi Plans Rs 20 Billion Twin-Tower Secretariat At ITO

The Public Works Department (PWD) has proposed an ambitious plan to construct a twin-tower secretariat complex at ITO in central Delhi, bringing together all scattered government offices under a single roof. The project, estimated to cost over Rs 20 billion, aims to create a modern governance hub that will reshape the city’s skyline.According to officials familiar with the plan, the proposal is awaiting approval from the PWD minister before being presented to the Delhi cabinet. If sanctioned, the new complex will replace Vikas Minar and an adjoining office block that currently houses the Del..

UP E-Auction Raises Rs 11.68 Billion, Sets Real Estate Record

The Uttar Pradesh Housing and Development Board (UPHDB) has achieved a landmark milestone by raising Rs 11.68 billion through the sale of 992 properties in a mega e-auction held on Vijayadashami. Conducted under the leadership of Chief Minister Yogi Adityanath, the fully digital auction marked one of the largest real estate events in the state’s history, reinforcing investor confidence and transparency in governance.Held on 30 September 2025, the e-auction covered seven districts — including Lucknow, Kanpur, Agra, Aligarh, Moradabad, Ghaziabad, and Kasganj. The properties included 391 resi..

Redevelopment Of Kamathipura Moves Ahead With Two Bids

The long-delayed redevelopment of Kamathipura, one of South Mumbai’s oldest and most congested neighbourhoods, has finally progressed, with the Mumbai Building Repairs and Reconstruction Board (MBRRB) of MHADA receiving two bids for the project.The bids, submitted by J Kumar Infraprojects Limited and AATK Construction, pave the way for technical evaluation and the next stage of the process. According to officials, the financial bids will be opened shortly, after which the proposals will be forwarded to the Maharashtra state government for final approval.In parallel, MBRRB has initiated a bio..