by Sawon Banerjee | Jan 15, 2021 | News
Prime Minister of India Narendra Modi and Prime Minister of Bangladesh Sheikh Hasina jointly inaugurated a railway link between Haldibari in India and Chilahati in Bangladesh during the PM level virtual bilateral summit on 17 December 2020.
A goods train was flagged off by Railway Minister of Bangladesh Nurul Islam Sujan from Chilahati station which entered India passing through the international border.
Presently, there are four operational rail links between India and Bangladesh — Petrapole (India)-Benapole (Bangladesh), Gede (India), Darshana (Bangladesh), Singhabad (India)-Rohanpur (Bangladesh), Radhikapur (India) and Birol (Bangladesh).
The Haldibari-Chilahati rail link being made functional from 17 December 2020 is the fifth rail link between India and Bangladesh.
The Indian Railways has restored the tracks up to international border from Haldibari station at a cost of Rs. 82.72 crore.
by Sawon Banerjee | Jan 15, 2021 | News
Prime Minister Narendra Modi laid the foundation stone of the new Parliament building in Delhi on 10 December 2020. He also performed the groundbreaking ceremony for the building, which is expected to be completed by 2022.
The new building will have an area of 64,500 sq. m. It will also have a grand Constitution Hall to showcase India’s democratic heritage, a lounge for members of Parliament, a library, multiple committee rooms, dining areas and ample parking space.
In September 2020, Tata Projects secured the contract to construct the new Parliament building. The new building will be constructed close to the existing one under the Central Vista redevelopment project.
The existing Parliament House building will be suitably retrofitted to provide more functional spaces for parliamentary events, to ensure its usage along with the new building.
by Sawon Banerjee | Jan 15, 2021 | News
The National High Speed Rail Corporation (NHSRCL) will be adopting light detection and ranging (LiDAR) survey technique using laser-enabled equipment mounted on a helicopter for conducting ground survey for preparation of detailed project report (DPR) for the proposed Delhi-Varanasi High Speed Rail Corridor.
Based on the findings of the survey, designing of the vertical and horizontal alignment, structures, location of the stations and depots, land requirement for the corridor, identification of project affected plots/structures, right of way, etc. were decided.
The aerial LiDAR survey technique, for the first time for any railway project in India, was adopted for the Mumbai-Ahmedabad High Speed Rail Corridor primarily because of its high accuracy.
NHSRCL has been entrusted with the work for preparing DPR for the project by the Ministry of Railways. The tentative length of the corridor is about 800 km; the alignment and stations will be decided in consultation with the government.
by Sawon Banerjee | Jan 15, 2021 | News
BentallGreenOak has entered into an agreement with Piramal Realty to acquire part of its commercial development Agastya Corporate Park at Kurla, Mumbai in Maharashtra, for more than Rs. 1,000 crore.
The deal marks the foray of BentallGreenOak, which is a part of Canadian financial services firm Sun Life Financial, into India’s real estate investment sector.
The term sheet for the transaction has already been signed and the deal is expected to be concluded by January 2021.
Piramal Agastya, spread over 16 acre on LBS Marg, is one of the country’s largest non-IT commercial developments, with a total project size of nearly two million sq. ft. BentallGreenOak is buying one million sq. ft, which has been completed and substantially leased.
by Sawon Banerjee | Jan 15, 2021 | News
The coastal road project in Mumbai will be completed by July 2023 instead of October 2022, due to COVID-19 delays.
The 10.58 km coastal road will connect Nariman Point to Bandra-Worli Sea Link in Mumbai, Maharashtra. The twin tunnels of 2.07 km will connect Girgaum Chowpatty and Malabar Hill.
Each underground tunnel will have three lanes at a depth of 70 m. The cost of the project is Rs. 8,429 crore of which Rs. 1,300 crore have been spent till date.
The tunnelling work will take approximately 18 months to complete.
Once the project is completed, Mumbai will have an addition of 7.7 km seafront pedestrian promenade between Priyadarshini
