
Indiabulls Real Estate Reports Net Loss of INR 18.23 Cr in Q2 FY24

BKC May Get Tunnel Linking Metro Line 3 and Bullet Train Terminal
Mumbai is set to witness a major infrastructure upgrade with a proposal for a 1.3-km underground pedestrian tunnel connecting the Bandra-Kurla Complex (BKC) stations of Mumbai Metro Line 3 and the upcoming bullet train terminus, according to a report by Times of India.The tunnel, designed to streamline commuter transfers and enhance last-mile connectivity, is planned to be constructed 12 metres below ground using the push box method. It will run beneath the Vakola Nallah and involve the demolition of a 7m x 7m knockout wall at the bullet train station— a standard approach in global infrastru..

Gadkari Reveals Mobility Plan for Hyperloop, E-Buses, and Ropeways
The Union Ministry for Road Transport and Highways has unveiled an extensive mobility transformation plan aimed at revolutionising India’s transportation infrastructure. The initiative encompasses the introduction of hyperloop systems, electric rapid transit networks, and ropeways across 360 locations, targeting both urban centres and remote areas through cutting-edge technology.As part of this initiative, ropeways, cable cars, and funicular railways are planned in 360 locations, including pilgrimage sites like Kedarnath. Work has already begun on 60 of these projects, with individual projec..

BMC to Appoint Agency for Development of Textile Museum at Kalachowki
The Brihanmumbai Municipal Corporation (BMC) is set to appoint an external agency to restore heritage mill structures and develop a textile museum at Kalachowki in Byculla East, as part of the second phase of its redevelopment project.The civic body has floated an Expression of Interest (EOI), inviting reputed public companies, charitable trusts or societies to undertake the project through Corporate Social Responsibility (CSR) initiatives or other forms of private investment. The estimated cost of the project is between Rs 800 million and 1 billion, with BMC bearing no financial burden.Locate..