Tricity Metro Construction to Begin March 2024
RAILWAYS & METRO RAIL

Tricity Metro Construction to Begin March 2024

The Rail India Technical and Economic Services (RITES) has announced that construction of the Metro system in the Tricity region, encompassing Chandigarh, Panchkula, and Mohali, will start in March of the coming year. The agency is working to complete the alternative analysis report (AAR) and detailed project report (DPR) by December. Once these reports are received, the Chandigarh administration will seek government approval for the project, which is estimated to cost approximately Rs 105.70 billion. The project will be funded with contributions from states and the central government, along with a 60% loan from a lending agency.

The Metro project is set to address long-standing traffic congestion issues in the area, with the first phase covering 77 km in total, spanning Chandigarh, Panchkula, and Mohali/New Chandigarh. Phase-I is scheduled to be developed from 2027 to 2037, offering relief to the region's transportation challenges.

The Rail India Technical and Economic Services (RITES) has announced that construction of the Metro system in the Tricity region, encompassing Chandigarh, Panchkula, and Mohali, will start in March of the coming year. The agency is working to complete the alternative analysis report (AAR) and detailed project report (DPR) by December. Once these reports are received, the Chandigarh administration will seek government approval for the project, which is estimated to cost approximately Rs 105.70 billion. The project will be funded with contributions from states and the central government, along with a 60% loan from a lending agency. The Metro project is set to address long-standing traffic congestion issues in the area, with the first phase covering 77 km in total, spanning Chandigarh, Panchkula, and Mohali/New Chandigarh. Phase-I is scheduled to be developed from 2027 to 2037, offering relief to the region's transportation challenges.

Next Story
Real Estate

Godrej Properties Logs Rs 26 Bn Sales in First Year in Hyderabad

Godrej Properties has reported housing sales worth over Rs 26 billion in its first year of operations in Hyderabad, underscoring a strong market entry and prompting the company to accelerate expansion plans in the city. The developer sees significant long-term growth potential in Hyderabad, driven by sustained demand for premium and luxury residential properties.The company entered the Hyderabad housing market in January this year with the launch of its first residential project at Kokapet. This was followed by a second project launch during the July–September quarter. Together, these two de..

Next Story
Infrastructure Transport

Mahindra Unveils COMPAX Mini Compactor at EXCON 2025

Mahindra’s Construction Equipment business (MCE) recently unveiled the Mahindra COMPAX mini compactor for the road construction industry at the CII-organised EXCON exhibition held at BIEC, Bengaluru. Alongside the new launch, the company showcased its advanced CEV-V range of machines, featuring improved comfort, higher productivity and enhanced performance aimed at improving customer earnings.Speaking at the event, Dr Venkat Srinivas, Business Head – Mahindra Truck, Bus and Construction Equipment, and Executive Director & CEO – SML Mahindra Ltd, said Mahindra’s commercial vehicles ..

Next Story
Real Estate

Puravankara Arm Secures Rs 5.09 Bn Bengaluru Luxury Project LoA

Puravankara has announced that its wholly owned subsidiary, Starworth Infrastructure & Construction (SICL), has received a Letter of Acceptance (LoA) valued at Rs 5.09 billion for a large-scale luxury residential project in Bengaluru. The contract reinforces the group’s construction portfolio and underlines its continued presence in the city’s premium housing segment.The LoA has been awarded by One Bangalore Luxury Projects LLP and pertains to the execution of Varnam Phase 1 of the One Bangalore Luxury Project, located in Devanahalli in Bengaluru Rural District. The scope of work inclu..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App