Maharashtra Allocates Rs 1.5 Billion for Beed Railway Project

18 Sep 2025 CW Team

The Maharashtra government on Monday released Rs 1.5 billion to accelerate work on the Ahilyanagar–Beed–Parli Vaijnath broad-gauge railway line, taking total state funding to Rs 20.91 billion.

Deputy Chief Minister and Beed guardian minister Ajit Pawar described the allocation as a “special gesture” ahead of Marathwada Liberation Day on 17 September. The project, with an estimated total cost of Rs 40.85 billion, is considered a major driver for Beed district’s development, with the state bearing 50 per cent of the cost.

The 261-kilometre railway line is expected to significantly improve connectivity and meet the long-standing demand of millions of residents, with train services slated to begin on 17 September. The latest Rs 1.5 billion will be credited to the railways as the state’s share for the 2025-26 fiscal year.

Since taking charge as Beed guardian minister, Pawar has prioritised infrastructure projects, including airports, roads and railways, and his follow-ups with departments have helped fast-track this key rail project.

“The Ahilyanagar–Beed–Parli Vaijnath line will transform the lives of farmers, students, entrepreneurs and common citizens. It will boost investment, generate employment, and improve connectivity, scripting a new chapter of development for Beed,” Pawar said.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..