Rs 2.5 bn needed for Nashik-Pune rail land purchase

30 Oct 2023 CW Team

The district administration had placed a demand for Rs 2.5 billion with the ?Maharail? authorities to acquire land through private negotiations for the semi-high-speed Nashik?Pune rail project. Nashik collector Jalaj Sharma revealed that this demand had been presented by the administration to the Maharashtra Rail Infrastructure Development Corporation (Maharail) authorities during a virtual meeting chaired by deputy commissioner Ajit Pawar.

Sharma explained that the demand specifically pertained to the land being purchased from farmers in Sinnar taluka and that this amount was crucial for ensuring the smooth completion of the land acquisition process. He further mentioned that the valuation of land prices for crops in Nashik taluka had not been conducted yet due to the lack of clarity regarding the alignment of the railway track in that region.

A senior officer from the district administration emphasised the importance of timely payments, stating that the process of land valuation had been carried out in Sinnar because the alignment there was clear and Maharail had already made its demand. Failing to make payments promptly could lead to an increase in demands for compensation, potentially extending the compensation period.

Infrastructure Urban

06 Jul 2026

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..

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..

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..