Railway Station Redevelopment projects get a boost

28 Feb 2024 CW Team

Recently, Railway Minister Ashwini Vaishnaw informed that the ministry has identified 1,318 stations for redevelopment under the Amrit Bharat Station Scheme (ABSS), 'the world's biggest railway station redevelopment programme'. It was first announced in 2023 to develop 508 stations with an outlay of Rs 250 billion. With this scheme, stations are expected to get modern passenger amenities, better traffic circulation and inter-modal integration. Ultra-modern technology, architecture and digital initiatives will shape these railway stations into architectural marvels and contribute to redefine India’s future. However, it is less successful with underutilised funds allocated for passenger amenities.

Against this background, FIRST Construction Council had its webinar on "Railway Station Redevelopment Projects: Challenges and Opportunities" with experts - Karun Raj Singh Sareen, Partner, Major Projects Advisory, KPMG; Vikaas Ahluwalia, Director, Ahluwalia Contracts (India) and Raman Sikka, Associate Principal, Sikka Associates Architects. The event was moderated by Rakesh Rao, Executive Editor, ASAPP Info Global Group.

To read the full story, CLICK HERE.

"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."

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..

Real Estate

07 Jul 2026

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..

Infrastructure Urban

07 Jul 2026

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..