Rs 12.9 Billion Tender Soon for Gurugram Metro Phase 1

10 Jul 2025 CW Team

Gurugram, known for its skyline of multinational offices and luxury developments, is set to receive a transformative boost with its own independent Metro network. The first phase of the Gurugram Metro project is progressing rapidly, with six out of eight bidding firms shortlisted by Gurugram Metro Rail Limited (GMRL). The financial proposals are currently under review, and a major tender worth Rs 12.86 billion is expected to be awarded by the end of July.

Phase 1 of the project will cover a 15.22 km elevated corridor featuring 15 Metro stations and a 1.85 km spur connecting to the Dwarka Expressway. A ramp will also be constructed to provide access to the proposed depot at Sector 33. This phase will link Millennium City Centre to Delhi Metro's DMRC network via an interchange.

Key stations in the initial stretch include Sector 45, Cyber Park (Sector 46), Sector 47, Subhash Chowk, Sector 48, Sector 33, Hero Honda Chowk, Udyog Vihar Phase-6, Sector 10, Sector 37, Basai, Sector 9, and Sector 101.

The Metro project will be executed in three stages:

Phase 1: Millennium City Centre to Sector 101
Phase 2: Sector 9 to Cyber Hub
Phase 3: Metro depot development in Sector 33

This ambitious infrastructure project marks Gurugram’s first fully self-reliant metro system. Presently, the city depends on Rapid Metro and the Delhi Metro for urban transport. The new network is poised to significantly enhance intra-city connectivity, ease traffic congestion, and improve transit access across key economic zones.

The entire Gurugram Metro corridor will stretch 28.5 km and include 27 stations, 13 of which are expected to directly influence nearby real estate markets. Property values in those areas could rise by 10 to 25 per cent, driven by improved connectivity and infrastructure. The project is also expected to draw increased interest from investors, solidifying Gurugram’s position as a high-growth urban hub.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..