logo
Nearly entire Delhi-Meerut RRTS corridor set to open by June

Nearly entire Delhi-Meerut RRTS corridor set to open by June

Time of India21-05-2025

NaMo Bharat (Delhi-Meerut RRTS) and Meerut Metro ran together on the same tracks during a trial in Meerut
LUCKNOW: Glimpse of the NaMo Bharat (
Delhi-Meerut RRTS
) and Meerut Metro running parallelly on the same infrastructure during trial run in Meerut on Tuesday.
By the end of June, people can travel to Modipuram in Meerut in just 45 minutes from Sarai Kale Khan in Delhi as the final phase of India's first
Regional Rapid Transit System
corridor is nearly complete.
The 82-km long corridor, known as
Namo Bharat corridor
, is being implemented by
National Capital Region Transport Corporation
as a high-speed regional connectivity project.
Key Highlights:
NaMo Bharat (Delhi-Meerut RRTS) and Meerut Metro ran together on the same tracks during a trial in Meerut on Tuesday.
By end of June, travel time from Sarai Kale Khan (Delhi) to Modipuram (Meerut) will be just 45 minutes.
The 82-km Namo Bharat corridor is nearly complete and is India's first Regional Rapid Transit System.
The project is implemented by the National Capital Region Transport Corporation (NCRTC) as a high-speed regional connectivity initiative.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Major 26 listed realty firms sell ₹1.62 lakh crore properties in FY25
Major 26 listed realty firms sell ₹1.62 lakh crore properties in FY25

Time of India

time10 hours ago

  • Time of India

Major 26 listed realty firms sell ₹1.62 lakh crore properties in FY25

NEW DELHI: India's 26 major listed real estate firms sold properties valuing Rs 1.62 lakh crore last fiscal, with Godrej Properties becoming largest player clocking pre-sales of nearly Rs 30,000 crore. DLF Ltd, the biggest real estate firm in terms of market capitalisation, is at the second position with record sale bookings of over Rs 21,000 crore during 2024-25, followed by Macrotech Developers (Lodha Group), Prestige Estates Projects and Signature Global . According to the data compiled from investors presentations and regulatory filings, the 26 major listed real estate companies reported a combined sales bookings or pre-sales of Rs 1,61,722 crore in the last fiscal year, a more than 20 per cent increase from 2023-24. Bulk of pre-sales (sales bookings) came from residential segment especially luxury homes, with small contribution from commercial properties. In terms of annual sales bookings, Godrej Properties emerged as the largest listed player during last fiscal with pre-sales of Rs 29,444 crore. Its pre-sales stood at Rs 22,527 crore during 2023-24. DLF's sales bookings rose to Rs 21,223 crore from Rs 14,778 crore driven by strong sales in its ultra luxury housing project The Dahlias in Gurugram. Mumbai-based Macrotech Developers Ltd reported sale bookings of Rs 17,630 crore in FY25 as against Rs 14,520 crore in the preceding year. Bengaluru-based Prestige Estates Projects clocked sale bookings of Rs 17,023 crore last fiscal as against Rs 21,040 crore in 2023-24. Delhi-NCR based Signature Global achieved sales bookings of Rs 10,290 crore as against Rs 7,270 crore. There were many real estate firms which clocked annual sales between Rs 5,000 crore and Rs 10,000 crore. Mumbai-based Aditya Birla Real Estate sold properties worth Rs 8,087 crore last fiscal, a sharp jump from Rs 3,985 crore in the preceding year. Bengaluru-based Brigade Enterprises reported a sales bookings of Rs 7,847 crore as against Rs 6,013 crore. Sobha Ltd's pre-sales fell to Rs 6,277 crore from Rs 6,644 crore. Delhi-NCR-based Max Estates sold properties worth Rs 5,321 crore last fiscal as against Rs 1,844 crore in the preceding year. Mumbai-based Oberoi Realty sold properties worth Rs 5,281 crore in FY25. Puravankara Ltd sales bookings declined to Rs 5,006 crore from Rs 5,914 crore. In below Rs 5,000 crore annual pre-sales category, Delhi-based TARC Ltd sold properties worth Rs 3,722 crore as against Rs 1,612 crore in FY24. Mumbai-based Keystone Realtors (Rustomjee) sale bookings grew to Rs 3,028 crore from Rs 2,266 crore. Mahindra Lifespace Developers' pre-sales rose to Rs 2,804 crore from Rs 2,328 crore. Pune based Kolte-Patil Developers Ltd sales fell marginally to Rs 2,791 crore from Rs 2,822 crore. Sales bookings of Sunteck Realty went up to Rs 2,531 crore from Rs 1,915 crore. Raymond Ltd sold properties worth Rs 2,310 crore last fiscal as against Rs 2,249 crore in the preceding year. Bengaluru-based Shriram Properties sales bookings fell to Rs 2,288 crore from Rs 2,362 crore. Embassy Developments clocked sales of Rs 2,031 crore last fiscal as against Rs 1,838 crore in 2023-24. There were many players that reported annual pre-sales below Rs 2,000 crore. Delhi-based Ashiana Housing Ltd reported sales bookings of Rs 1,936.75 crore during the last fiscal as against Rs 1,798.22 crore in the preceding year. Ahmedabad-based Arvind Smartspaces sold properties worth Rs 1,271 crore FY25 as against Rs 1,107 crore in the preceding year. Ajmera Realty & Infrastructure Ltd sales bookings grew to Rs 1,080 crore from Rs 1,017 crore. Arihant SuperstructuresLtd sales bookings stood at Rs 888.7 crore as against Rs 970.6 crore. Arkade Developers' sales bookings grew to Rs 773 crore from Rs 645 crore. Suraj Estate Developers sold properties worth Rs 501 crore in FY25 as against Rs 483 crore in the preceding year. Lucknow-based Eldeco Housing & Industries Ltd clocked pre-sales of Rs 337.5 crore last fiscal as against Rs 388.7 crore in the 2023-24 financial year. Sale bookings data of many listed players was not available on the stock exchanges. Market experts attributed the strong performance of listed players to a gradual shift in consumers preference towards branded and reputed players which have better track record of executing real estate projects. With lakhs of homebuyers still stuck in stalled housing projects, the prospective customers do not want to take risk on their investments.

Real estate market: Major listed firms sell over Rs 1 lakh crore properties; Godrej leads
Real estate market: Major listed firms sell over Rs 1 lakh crore properties; Godrej leads

Time of India

time13 hours ago

  • Time of India

Real estate market: Major listed firms sell over Rs 1 lakh crore properties; Godrej leads

India's top listed real estate firms recorded a blockbuster performance last fiscal, with property sales surging past Rs 1.62 lakh crore, marking a jump of over 20% from the previous year. Leading the charge was Godrej Properties, which emerged as the biggest seller among 26 major listed players, clocking pre-sales worth Rs 29,444 crore. The data, compiled from investor presentations and regulatory filings, shows that the growth was largely powered by residential projects, particularly in the luxury segment, while commercial sales made up a smaller share. DLF Ltd, the country's largest developer by market capitalisation, secured the second spot with Rs 21,223 crore in bookings, up from Rs 14,778 crore in the previous fiscal. The company's standout performer was its ultra-luxury project The Camellias in Gurugram, which saw strong buyer interest. Mumbai-based Macrotech Developers, known for its Lodha brand, followed close behind with Rs 17,630 crore in bookings, a rise from Rs 14,520 crore a year ago. Prestige Estates Projects and Signature Global rounded out the top five, with the latter nearly touching Rs 10,300 crore. The rest of the pack saw varied performance. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo Aditya Birla Real Estate saw sales double to Rs 8,087 crore, while Brigade Enterprises and Max Estates also registered solid growth. On the other hand, Sobha Ltd, Puravankara Ltd, and Prestige Estates Projects reported slight declines in sales. Among developers with below Rs 5,000 crore bookings, Delhi-based TARC Ltd, Mahindra Lifespace Developers, and Mumbai's Keystone Realtors (Rustomjee) showed healthy year-on-year gains. Even smaller players such as Arkade Developers, Suraj Estate Developers, and Lucknow-based Eldeco Housing posted modest but consistent sales, signalling broad-based resilience in the sector. Market experts credited the strong performance of listed firms to the shift in consumer preference towards branded and reputed players who have better track record of executing real estate projects. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

BTech in design to begin at IIT Delhi in 2025: All you need to know
BTech in design to begin at IIT Delhi in 2025: All you need to know

India Today

time15 hours ago

  • India Today

BTech in design to begin at IIT Delhi in 2025: All you need to know

The Indian Institute of Technology (IIT) Delhi is introducing a new four-year undergraduate programme -- BTech in Design—from the academic session 2025 - 26. Offered by the Department of Design, the course aims to build both technical knowledge and design thinking among students, with a focus on addressing socio-technical problems through practical and interdisciplinary be eligible for admission, applicants must clear two national-level entrance exams -- JEE (Advanced) and the Undergraduate Common Entrance Examination for Design (UCEED). Only those who perform well in both tests will be shortlisted, as clearing just one will not make candidates must have completed their Class 12 or equivalent in 2024 or 2025, with Physics, Chemistry, and Mathematics as core AND OTHER DETAILS For UCEED eligibility, candidates must be born on or after 1 October 2000, with a five-year relaxation given to students from SC, ST, and PwD categories as per the will be accepted online through IIT Delhi's official portal. Candidates are advised to secure valid scores in both required exams before dates related to application submission, counselling, and seat allocation will be announced on the institute's website, and applicants should check it BTech in Design programme has a total credit requirement of 155 and will begin with an initial intake of 20 students. About half of the coursework will come from design-related subjects, while the rest will be taught by other departments, schools, and centres across the curriculum covers topics such as design frameworks, design prototyping, mechanics, environmental science, research methods, entrepreneurship, teamwork, and exhibition aim is to promote problem-solving through design, encourage collaboration, and develop practical skills through hands-on launch of the BTech in Design programme is part of wider curriculum changes across IIT Delhi from 2025– will have more flexibility in choosing electives across disciplines and can opt for an Honours path. At the end of the third year, students interested in further studies can apply for an integrated BTech-MTech course to complete both degrees in five institute also plans to improve faculty-student engagement by reducing first-year class sizes and increasing focus on creative, environmental, and ethical learning.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store