Katraj-Kondhwa and Tilekarnagar-Yewalewadi projects progressing

25 May 2023 CW Team

The Standing Committee has given its approval for the tender worth approximately Rs 180 million for this project, marking an important step forward. The citizens of these areas have endured significant inconvenience due to the blockage of the Katraj-Kondhwa road. The road leading to Yewalewadi near ISKCON Mandir Chowk has caused inconvenience due to its narrow and underdeveloped condition. Thankfully, the alternative road connecting Khadi Machine Chowk to Pansarenagar and Yewalewadi has proven to be more convenient for the residents.

This road runs parallel to the route from Khadi Machine Chowk to Bopdev Ghat. The increasing traffic congestion in the area has prompted demands for the swift completion of the roadwork to alleviate the situation.

Although the work on these roads was initiated last year during the monsoon season, only a 200-feet section was completed before coming to a halt. Subsequently, a preliminary estimate of Rs 220 million was prepared for the road construction, and tenders were floated accordingly.

M Saiprabha Construction has successfully secured the tender for Rs 18 crore 29 lakh 20 thousand, which is 16 per cent lower than the pre-calculation sheet. The Standing Committee has given its approval to the tender. The total length of the road is 2 km, with 1,400 meters of the road being 24 meters wide and the remaining 600 meters being 10 meters wide. With the approval of this project, citizens can expect the road to be available for use in the upcoming year.

Also Read
Developers log land purchases worth mn in last 17 months
Government Considering Setting Up 8 New Cities Across India

Great news awaits the residents of Tilekarnagar, Kamthenagar, Pansarenagar, and Yewalewadi as the long-awaited relief is finally within reach. The stalled construction work on the Katraj-Kondhwa road is expected to be completed soon, bringing respite to the citizens. Additionally, preparations are underway to commence the construction of the Tilekarnagar-Yewalewadi 24-meter road in the same area, further improving the situation for the residents. The Standing Committee has given its approval for the tender worth approximately Rs 180 million for this project, marking an important step forward. The citizens of these areas have endured significant inconvenience due to the blockage of the Katraj-Kondhwa road. The road leading to Yewalewadi near ISKCON Mandir Chowk has caused inconvenience due to its narrow and underdeveloped condition. Thankfully, the alternative road connecting Khadi Machine Chowk to Pansarenagar and Yewalewadi has proven to be more convenient for the residents. This road runs parallel to the route from Khadi Machine Chowk to Bopdev Ghat. The increasing traffic congestion in the area has prompted demands for the swift completion of the roadwork to alleviate the situation. Although the work on these roads was initiated last year during the monsoon season, only a 200-feet section was completed before coming to a halt. Subsequently, a preliminary estimate of Rs 220 million was prepared for the road construction, and tenders were floated accordingly. M Saiprabha Construction has successfully secured the tender for Rs 18 crore 29 lakh 20 thousand, which is 16 per cent lower than the pre-calculation sheet. The Standing Committee has given its approval to the tender. The total length of the road is 2 km, with 1,400 meters of the road being 24 meters wide and the remaining 600 meters being 10 meters wide. With the approval of this project, citizens can expect the road to be available for use in the upcoming year. Also Read Developers log land purchases worth mn in last 17 monthsGovernment Considering Setting Up 8 New Cities Across India

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..