Tricity Metro Project in Punjab and Haryana gains momentum

15 May 2023 CW Team

The Tricity Metro, a long-awaited project in the capital cities of Punjab and Haryana, is finally set to take shape. After the governments of Haryana and Punjab recommended the Comprehensive Mobility Plan (CMP), the Chandigarh administration has organized a conference to discuss proposed modifications and move the metro project forward.

The approval marks a significant milestone as it comes almost 14 years after the initial proposal. The construction will be carried out in stages, with the first phase focusing on building a 14.5-kilometre metro line in Chandigarh. Mohali and Panchkula will follow with 25.5 km and 3.5 km tracks, respectively, in phase one. In the subsequent phases, Panchkula will receive a 4.5 km expansion, and Chandigarh will see a 5.5 km extension.

The Chandigarh Metro project was initially proposed in 2009, and the Delhi Metro Rail Corporation (DMRC) subsequently prepared a Detailed Project Report (DPR) with a budget of Rs 1.5 crore. The final version of the DPR was completed in 2012. However, it wasn't until 2015 that the DMRC revised the estimated overall development cost to Rs 13,600 crore. In 2017, the project faced termination by the Union Home Ministry due to financial constraints.

Additionally, suggestions have been made to include additional stations along the route, such as PGIMER, Secretariat, Vidhan Sabha, Pinjore, Kalka, Punjab and Haryana High Court. The metro will also pass through key locations, including the Airport, Fountain Chowk, ISBT Panchkula, Chandigarh Railway Station, Tribune Chowk, JLPL Industrial Area, Grain Market Chowk, among others.

Implementing the Tricity subway is expected to alleviate traffic congestion on the highways. According to statistics from the UT traffic police, the number of registered vehicles in the city exceeds the population by more than 8%.

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..

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..

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..