The Centre has fast-tracked the Rs 1,259 crore NH-47 project to enhance smooth and safe traffic flow in Ahmedabad, improving service levels and economic vitality.
Traffic CongestionNh 47 ProjectAhmedabadInfrastructure DevelopmentPm GatishaktiReal EstateJul 10, 2024
The estimated cost of the NH-47 project is Rs 1,259 crores.
The objective of the NH-47 project is to enhance smooth and safe traffic flow, thus improving service levels and contributing to the economic vitality of the region.
The NH-166 project involves 4-laning of a 33.6 km section from Chokak to Sangli in Maharashtra, at an estimated cost of INR 864 crores.
The NH-47 project will facilitate more efficient movement of goods and people, reduce travel time, and have a significant impact on environmental attributes.
PM GatiShakti is an initiative that focuses on the integrated development of multimodal infrastructure development, last mile connectivity to economic and social nodes, intermodal connectivity, and possible synchronised implementation of the projects.
Birla Estates, a subsidiary of Century Textiles and Industries, has acquired a 5-acre land in Sector 71, Gurugram, with a development potential of 10 lakh sq ft and expected revenue of over Rs 1,400 crore.
Experts predict that this law will significantly impact the Maharashtra real estate market, making it more efficient and customer-friendly.
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