Prime Minister to Inaugurate Multiple Delhi Projects Worth Rs 335 bn
RAILWAYS & METRO RAIL

Prime Minister to Inaugurate Multiple Delhi Projects Worth Rs 335 bn

The Prime Minister is scheduled to inaugurate and lay the foundation stone of multiple development projects worth around Rs 335 bn on eight March in Delhi and will address the gathering during the event. Prior to the programme the Prime Minister is to visit General Pool Residential Accommodation (GPRA) Type-five quarters in Sarojini Nagar and hand over keys to female allottees.

The Prime Minister will inaugurate Delhi Metro projects valued at about Rs 183 bn, including two new corridors: the Majlis Park-Maujpur Babarpur Pink Line corridor of around 12.3 km and the Deepali Chowk-Majlis Park Magenta Line corridor of around nine point nine km. The new connectivity is expected to benefit areas such as Burari, Jagatpur-Wazirabad, Khajuri Khas, Bhajanpura, Yamuna Vihar, Madhuban Chowk and Haiderpur Badli Mor and to improve commuter access across northern and central districts. These additions form part of a broader strategy to expand rapid transit capacity and reduce congestion in the capital.

The Prime Minister will also lay the foundation stone for three new corridors under Phase V-A of the Delhi Metro covering a route length of around 16.1 km. The corridors will link R.K. Ashram Marg to Indraprastha, Aerocity to Indira Gandhi Airport Terminal-one and Tughlakabad to Kalindi Kunj, providing direct connectivity to key locations across the national capital. The additions are expected to improve travel times for residents commuting between Noida, South Delhi and the airport.

The projects under the General Pool Residential Accommodation Redevelopment Plan are valued at about Rs 152 bn and are spread across Sarojini Nagar, Netaji Nagar, Kasturba Nagar and Sriniwaspuri to modernise GPRA colonies and accommodate administrative offices. The redevelopment has been implemented through an innovative self-sustaining financial model that monetises a limited portion of the project area for commercial and residential space to finance the entire scheme without burdening the public exchequer. The plan will provide more than 9,350 modern flats for government employees and create approximately 4.8 mn square feet of office space, which is intended to enhance administrative efficiency while generating monetisation potential.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Prime Minister is scheduled to inaugurate and lay the foundation stone of multiple development projects worth around Rs 335 bn on eight March in Delhi and will address the gathering during the event. Prior to the programme the Prime Minister is to visit General Pool Residential Accommodation (GPRA) Type-five quarters in Sarojini Nagar and hand over keys to female allottees. The Prime Minister will inaugurate Delhi Metro projects valued at about Rs 183 bn, including two new corridors: the Majlis Park-Maujpur Babarpur Pink Line corridor of around 12.3 km and the Deepali Chowk-Majlis Park Magenta Line corridor of around nine point nine km. The new connectivity is expected to benefit areas such as Burari, Jagatpur-Wazirabad, Khajuri Khas, Bhajanpura, Yamuna Vihar, Madhuban Chowk and Haiderpur Badli Mor and to improve commuter access across northern and central districts. These additions form part of a broader strategy to expand rapid transit capacity and reduce congestion in the capital. The Prime Minister will also lay the foundation stone for three new corridors under Phase V-A of the Delhi Metro covering a route length of around 16.1 km. The corridors will link R.K. Ashram Marg to Indraprastha, Aerocity to Indira Gandhi Airport Terminal-one and Tughlakabad to Kalindi Kunj, providing direct connectivity to key locations across the national capital. The additions are expected to improve travel times for residents commuting between Noida, South Delhi and the airport. The projects under the General Pool Residential Accommodation Redevelopment Plan are valued at about Rs 152 bn and are spread across Sarojini Nagar, Netaji Nagar, Kasturba Nagar and Sriniwaspuri to modernise GPRA colonies and accommodate administrative offices. The redevelopment has been implemented through an innovative self-sustaining financial model that monetises a limited portion of the project area for commercial and residential space to finance the entire scheme without burdening the public exchequer. The plan will provide more than 9,350 modern flats for government employees and create approximately 4.8 mn square feet of office space, which is intended to enhance administrative efficiency while generating monetisation potential.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement