Rs 10 billion allocated for Regional Rapid Transit

06 Feb 2019 CW Team

The National Capital Region Transport Corporation (NCRTC) is all geared up to start the civil construction on the inaugural corridor of the Delhi-Meerut Regional Rapid Rail corridor. NCRTC, which is responsible for implementing India’s first Regional Rapid Transit System (RRTS) project, has been reportedly granted Rs 10 billion by the government.

NCRTC has reportedly started the pre-construction works on the project. The pre-construction work includes geo-technical investigation, road widening work, utility diversion, initial pile load testing, to name a few.

The Delhi-Meerut RRTS corridor is expected, which is 82-km long, is expected to curb pollution and decongest Delhi. Also, the distance between Meerut and New Delhi is expected to be less than 60 minutes once the Delhi-Meerut RRTS starts functioning. The RRTS system is a rail-based high speed transit system. It aims on providing seamless connectivity, reduce pollution as well as congestion in the NCR.

An in-principle approval to build an elevated station at Sarai Kale Khan for the upcoming high-speed Delhi-Meerut RRTS project has been given by the Delhi Government. This approval was for the NCRTC’s proposal to build the elevated station. Under Phase-1 of the RRTS project of NCRTC, three rapid rail corridors have been reportedly proposed to be implemented. The three rapid rail corridors include the 82-km long Delhi-Ghaziabad Meerut corridor, the 103-km long Delhi-Sonipat-Panipat corridor and the 164-km long Delhi-Gurugram-Rewari-Alwar corridor.

However, the allotted Rs 10-billion is expected give the necessary boost in the infrastructural development and implementation of the RRTS corridor.

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 ..