Latest news with #UrbanExtensionRoad-II
Indian Express
4 days ago
- Business
- Indian Express
Infra projects worth Rs 24,000 crore on the anvil to decongest Delhi: CM Rekha Gupta
Delhi Chief Minister Rekha Gupta announced a Rs 24,000-crore infrastructure overhaul for the Capital. Addressing a press conference Wednesday, Gupta said major arterial roads — Rohtak Road (Punjabi Bagh to Nangloi), Ashram to Badarpur, and MG Road — have now been handed over to the National Highways Authority of India (NHAI). These roads will be upgraded into signal-free corridors with complete supporting infrastructure, including drainage, side lanes, and real-time monitoring systems. 'Earlier, multiple agencies led to fragmented execution and chronic waterlogging. Now, NHAI will be the single-point authority, with support from the Delhi Public Works Department,' she said. The press conference was held following a high-level meeting chaired by Union Road and Transport Minister Nitin Gadkari. The meeting was also attended by Lieutenant Governor V K Saxena, Union MoS Harsh Malhotra, Delhi Cabinet Ministers, MPs, and senior officials from key departments. Gupta underlined several critical initiatives aimed at easing congestion and reducing pollution. These include: -A 7-km underground tunnel from Shiv Murti to Nelson Mandela Road -An elevated road from INA to the airport (eventually connecting Faridabad and Gurgaon) -Extensions of Urban Extension Road-II linking Alipur to Tronica City and the Delhi–Dehradun route. -A feasibility study is also underway for a tunnel from Sarai Kale Khan to IGI Airport. – A 20-km link road from Inderlok Metro Station along the Munak Canal to Sonipat has been proposed. Gupta said this new route would relieve traffic from Mukarba Chowk and benefit thousands of daily commuters travelling between Delhi and Haryana. The CM said the NHAI is currently executing road and transport projects worth Rs 35,000 crore across the Capital. This comes in addition to Rs 64,000-crore worth of completed works, covering 1,578 km of roads. Furthermore, Detailed Project Reports (DPRs) for upcoming projects worth Rs 24,000 crore — spanning 128 km — have been prepared and await rollout. The NHAI has also sanctioned Rs 150 crore for the construction of Road Over Bridges (ROBs) and Under Bridges (RUBs) to remove bottlenecks near railway crossings. Gupta expressed her gratitude to PM Narendra Modi and Minister Gadkari, stating, 'With Rs 1.25 lakh crore worth of decongestion projects in Delhi, the Centre has shown unparalleled commitment to transforming Delhi into a clean, green, and world-class city.' The Chief Minister also highlighted NHAI's eco-friendly practices, such as using inert solid waste and construction debris from Delhi's landfills in road construction.
Business Standard
22-04-2025
- Business
- Business Standard
TREVOC Group Announces 200 Cr Investment Plan for Haryana's Tier 2 Cities
NewsVoir Gurugram (Haryana) [India], April 22: TREVOC Group, the name behind Gurugram's most exclusive address - TREVOC Royal Residences on Golf Course Road, is now set to chart its next chapter with a Rs. 200 crore expansion into Haryana's most promising Tier-2 markets -- including Sohna, Sonipat, Panipat, Kundli, and Karnal. The plan spreads over 24-30 months and will focus on plotted developments, low-rise gated communities, and the region's first hospitality-branded villa project in these high-growth corridors. The company is also actively exploring joint ventures and joint development models to fast-track the expansion plan. The rollout is backed by catalytic infrastructure investments across the region. Sohna is now a key node in the Delhi-Mumbai Industrial Corridor with the new Gurugram-Sohna Elevated Road and proposed metro link. Sonipat is gearing up for a 26.5 km metro extension to Delhi and is directly linked to the Urban Extension Road-II (UER-II), set to be operational by mid-2025. Panipat's connectivity will transform with the Delhi-Panipat Regional Rapid Transit System (RRTS), reducing travel time to the capital to under 45 minutes. "We've timed this expansion with precision--entering Tier-2 cities just as infrastructure, demand, and aspiration align. It's not just growth--it's strategic positioning for the next decade," said Gurpal Singh Chawla, Managing Director, TREVOC Group. The Rs. 200 crore investment, funded through personal capital and a trusted investor network, will be utilised towards project deposits, development works, regulatory approvals, and brand activation across Tier-2 cities in Haryana. Initial projects in Sohna and Kundli will launch by Q4 2025, followed by phased rollouts in Sonipat, Panipat, and Karnal. The group is already in advanced talks for ~25 acres land parcels in one of the cities, with formal announcements expected next quarter. The portfolio includes 3-5 projects across 10-25 acre land parcels each, featuring plotted developments, DDJAY-compliant low-rise floors, and a flagship villa community co-branded with a premium hospitality partner. "TREVOC Royal Residences was just the beginning. This expansion lets us take the DNA of our brand--luxury, trust, and design excellence--to newer cities that are ready for a better way to live," added Sehaj Chawla, Managing Director, TREVOC. While TREVOC prefers joint ventures to accelerate market entry, standalone acquisitions are also under evaluation in Sohna and Kundli. Moreover, TREVOC Group is in advanced talks for acquisition of a prime residential land on Golf Course Extension Road, and exploring more opportunities across Gurgaon too. The group invites landowners and institutional partners to collaborate via JD/JV model, to ensure maximum profits for both the parties. With a legacy of over 75 years in business, the Chawla family, the force behind TREVOC Group, has deep-rooted entrepreneurial experience across industries as diverse as electronics, manufacturing and real estate -- and is known for building trusted, future-ready ventures.
