Paras Railtech Wins Rs 1.22 Billion Mumbai Metro Contract

18 Aug 2025 CW Team

Paras Railtech Private Limited has received the Letter of Acceptance (LoA) for the second ballastless track contract, Package CA-273, of Mumbai Metro Line 2B (Yellow Line). The 23.6-km corridor runs between Andheri West and Mandale.

The Mumbai Metropolitan Region Development Authority (MMRDA) had floated the tender in March 2025 with an estimated value of Rs 1.22 billion. Technical bids were opened on 22 April, with three firms submitting offers. Following technical evaluation on 14 May, two bids were rejected during the financial assessment. Paras Railtech was declared the lowest bidder and on 11 August 2025 was awarded the LoA.

According to the financial bids, Paras Railtech quoted Rs 999 million, Purvakriti Infrastructure Pvt Ltd Rs 189 million, and Rahee Infratech Limited Rs 120 million.

The contract duration is 600 days, during which Paras Railtech will be responsible for the design, supply, installation, testing and commissioning of standard gauge ballastless track. The alignment will run from Andheri West Station (excluding station chainage 34+035.873) to ITO Station in Bandra-Kurla Complex (including station chainage 44+857.698).

This package marks another critical step in advancing Line 2B, which is expected to enhance connectivity across Mumbai’s western and central corridors.

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Company showcases North America-certified machinery and secures new deals

Zoomlion Heavy Industry Science & Technology Co., recently showcased a wide portfolio of North America-certified and customised construction equipment at CONEXPO-CON/AGG 2026 in Las Vegas. The display included engineering hoisting machinery, concrete equipment, earthmoving machinery, mining equipment and construction hoisting solutions tailored to regional operational requirements.All equipment presented at the exhibition complies with North American certification standards, with several models specifically developed to meet local regulatory requirements and site conditions. One of the hig..