+
Indore Smart City to Raise Rs one Billion for Road Projects
SMART CITIES

Indore Smart City to Raise Rs one Billion for Road Projects

Indore Smart City Development Limited (ISCDL) will raise a Rs one Bn loan to finance road and infrastructure development across the city. Indore Municipal Corporation (IMC) commissioner Shivam Verma confirmed the funds will support ongoing and planned road works, with land parcels like MOG Line to be monetised for repayment.

ISCDL also proposed reconstructing old civic markets, potentially adding revenue via consultancy fees for the Smart City initiative.

Meanwhile, IMC has launched construction of 23 major roads under the city’s Master Plan. Commissioner Verma instructed that utility work—such as laying sewer, water, and stormwater lines—must be completed before construction starts. Strict quality control and adherence to timelines were also emphasised.

Currently, the road from Bicholi Hapsi via Bhuri Tekri to Nayta Mundla is under development. Five other major road projects are underway, including the 1.2-km Link Road from TCS to MR 5 and the 3.65-km road from Advance Academy to Ring Road.

The city’s infrastructure upgrade is part of a wider push to modernise public amenities under the Smart City mission.

Source: The Times Of India

Indore Smart City Development Limited (ISCDL) will raise a Rs one Bn loan to finance road and infrastructure development across the city. Indore Municipal Corporation (IMC) commissioner Shivam Verma confirmed the funds will support ongoing and planned road works, with land parcels like MOG Line to be monetised for repayment. ISCDL also proposed reconstructing old civic markets, potentially adding revenue via consultancy fees for the Smart City initiative. Meanwhile, IMC has launched construction of 23 major roads under the city’s Master Plan. Commissioner Verma instructed that utility work—such as laying sewer, water, and stormwater lines—must be completed before construction starts. Strict quality control and adherence to timelines were also emphasised. Currently, the road from Bicholi Hapsi via Bhuri Tekri to Nayta Mundla is under development. Five other major road projects are underway, including the 1.2-km Link Road from TCS to MR 5 and the 3.65-km road from Advance Academy to Ring Road. The city’s infrastructure upgrade is part of a wider push to modernise public amenities under the Smart City mission. Source: The Times Of India

Next Story
Infrastructure Transport

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Next Story
Infrastructure Transport

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Next Story
Infrastructure Transport

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App