Public protests and disagreements within the Vadodara Municipal Corporation (VMC) have led to the stalling of three significant bridge projects in the city, cumulatively worth Rs 160 crore. These include the Rs 52.59 crore flyover at the Vasna junction, t
VadodaraBridge ProjectsPublic ProtestsVmcRealestate ExpansionReal EstateJan 12, 2025
The three bridge projects that have been stalled in Vadodara are the Rs 52.59 crore flyover at the Vasna junction, the Rs 50.76 crore Bhayli-Sun Pharma bridge over the SSNNL canal, and a flyover near the Abacus Circle.
Residents are protesting against these bridge projects due to concerns about increased traffic congestion, disruption to local businesses, and the impact on the current road infrastructure. They argue that the projects are no longer necessary given the completion of peripheral roads and the reduction in traffic since the surveys were conducted in 2019-20.
The cost of the Abacus flyover project has escalated from the initial estimate of Rs 56.56 crore to Rs 120.71 crore. This increase is due to a proposal to merge it with the existing Urmi bridge, which would cost an additional Rs 51.08 crore.
The Bhayli-Sun Pharma bridge is expected to connect to the Delhi-Mumbai Expressway, reducing the current 1.5-kilometre roundabout of the Bhayli canal. It is also crucial for the future real-estate expansion in the area, providing better connectivity and reducing travel time.
The VMC is maintaining that these bridge projects are necessary for the future development of Vadodara. They are building according to the current road widths and future projections. However, they are also considering the concerns of local residents and may conduct fresh surveys to address these issues.
Get the latest stock market news and updates on the biggest IPOs of the year. Find out which companies are going public and how to invest in them.
Mumbai MMR has recorded a significant 7% year-on-year increase in residential transactions, with the festive season and infrastructure upgrades expected to further boost the real estate sector.
The luxury housing segment in India, particularly in Delhi NCR, has seen a significant increase in sales. Cities like Mumbai and Hyderabad are also contributing to this trend.
According to the latest data from the Maharashtra government, a total of 9,419 properties were registered in Mumbai in November, marking a 16% decline compared to the previous month. This significant drop is attributed to the impact of elections and new a
In 2024, the Indian real estate market continued its transformative journey, driven by a growing middle class and an influx of investments. This year saw a significant shift towards luxury housing, priced between Rs 10 lakhs and Rs 20 lakhs, becoming the
Purchasing a home in major cities such as Mumbai, Kolkata, or Delhi can be a significant investment. However, many buyers overlook hidden costs and common pitfalls that can drastically affect their financial well-being. This article explores key mistakes