News Corner

Road traffic movement in parts of Navi Mumbai to be eased soon

Two separate mega blocks were carried out especially for upgrading the infrastructure in road connectivity of Navi Mumbai on the Turbhe-Vashi section.

June 12, 2022, 09:20 IST

MUMBAI: A regular mega block has the answer to ease road traffic movement in parts of Navi Mumbai with Sion – Panvel Highway. The Central Railway and Maha Rail are simultaneously doing two things this weekend, first, demolishing an old foot over the bridge at Turbhe and then widening the existing 2-lane road over the bridge into 4-lane after that. ...
Two separate mega blocks were carried out especially for upgrading the infrastructure in road connectivity of Navi Mumbai on the Turbhe-Vashi section. The road over the bridge at Turbhe will be widened which will then give more access to the Sion-Panvel Highway for motorists. Over the years, the Trans-harbour network is falling on the Thane-Vashi route has extensively developed and has gained attention from real estate developers as well. That is the reason, vehicle numbers have risen too.
Citing this, the railway authorities are carrying out development works pertaining to this ROB for which they are removing the old FOB there. Engineers in the Central Railway said that on Friday night they removed a 34 meters long girder of the FOB that is between Turbhe and Sanpada stations.
“We will be dismantling another FOB next to this ROB. This will then be used to widen of existing ROB at Turbhe from 2-lane to 4-lane,” said a CR official. For this, three cranes of 800-MT will be used to dismantle and remove the girders which will be carried out by close to 100 railway men from different departments.
The MahaRail is implementing work of widening Turbhe ROB. For the de-launching of FOB, the mega block is from 11.30 pm to till 6 am; a total of 6.30 hrs. The Suburban train services will not be available between Thane and Vashi/Nerul stations during the block period.



Source: The Free Press Journal


India's Grade A office market is likely to touch 1.2 billion sq ft by 2030: JLL


April 28, 2022, 17:00 IST

NEW DELHI: The office segment in India has been one of the fastest to recover from the impact of the pandemic. The Grade A office market across the top seven cities is poised to grow to over 1 billion sq ft in size by 2026, according to JLL. ... In the post-Covid world, the flex space segment is expected to grow and be a mainstream occupier segment with operator-landlord partnerships creating superior office assets. As a result of the evolution to a more distributed work model, occupiers will look at strategies to not only make their portfolio more agile but also tap into the talent pool from emerging urban centers. The flexible space segment will play a key role in supporting occupiers’ growth strategies given the changing dynamics of portfolio optimization and employee needs.



Source: The Economic Times


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