MMRDA secures land for Mumbai Metro Line 12 Car Shed and Facilities

11 Aug 2023 CW Team

The Mumbai Metropolitan Region Development Authority (MMRDA) has acquired land to establish a car shed intended for the forthcoming Metro Line 12, a route spanning from Kalyan to Taloja.

Thane Collector Ashok Shingare issued a notice for the allocation of land in Nilje Pada, situated within the Kalyan taluka. This land will serve as the site for various facilities including a depot, a labor camp, a casting yard, a receiving substation, and a plantation.

An official from the MMRDA reported that the collector has allocated a parcel of 47 hectares without any associated cost. This land contribution is in support of a critical public undertaking. Subsequently, a tender will be announced to facilitate the construction of the depot infrastructure, the official confirmed.

The Mumbai Metro Line 12, stretching across 20 kilometres, will predominantly consist of elevated segments and will encompass a total of 17 stations. The comprehensive budget for the Metro Line 12 project amounts to Rs 54.94 billion, with financial backing provided by the Japan International Cooperation Agency (JICA). The project is slated for completion by October 2025.

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..