Railway Board Reviews Rs 3.65 billion Proposal for Key Southern Line

08 Jul 2025 CW Team

The Railway Board is currently assessing Southern Railway’s Rs 3.65 billion proposal to construct third and fourth railway lines along the 22.52-kilometre stretch between Attipattu and Gummidipoondi. This vital section forms part of the high-density Delhi–Chennai route and the Chennai–Visakhapatnam and Chennai–Bengaluru industrial corridors.

Submitted under the national initiative for multi-tracking and bypass lines, the project aims to alleviate congestion and has received endorsements from key railway departments. Formal approval from the Railway Ministry is still awaited. Once sanctioned, the expansion is expected to significantly increase freight capacity, reduce train detention times, and generate an additional 8.71 million tonnes of annual freight traffic.

With the corridor currently operating at full capacity and projected to reach 107 per cent utilisation by 2027–28, this expansion is considered essential. Southern Railway has completed the final location survey, with no major land acquisition issues reported.

The line connects critical infrastructure including Ennore and Kamarajar ports, SIPCOT Park, and thermal power plants. The local community has long advocated for this upgrade to support growing industrial and logistical demands.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..