Hyderabad-based Ramky Infrastructure is in active discussions with investors and buyers to sell four of its road assets, including Ramky Eslamex
In Kottayam, connecting Pakkil-Kanjikuzhy and Kodimatha an already existing road network will be developed as an outer ring road of the town. The Public Works Department said that the work includes the modification of the MG Road (1 km), ML Junction-Muttambalam Road (2.5 km) and Kanjikuzhy-Power House Junction Road (7 km).
In Hyderabad, Rs 44 crore will be spent on the maintenance of Outer Ring Road (ORR) stretches for the next three years. Stretches between Gachibowli and Shamshabad, Patancheru and Shamirpet and Shamirpet and Pedda Amberpet (nearing completion) will be taken up for road works.
In Nagpur, the road overbridge (ROB) near GaosiManapur is expected to be complete in a month or so. Once it is completed commuters can hope for reduction in heavy traffic inside the city at night. The outer ring road (ORR) stretch linking Gondkhairi on Amravati Road and GaosiManapur on Wardha Road is complete except for a 150-foot span over the railway line.
Motorists in Hyderabad will have to cough up more from April 1 for travelling on the Outer Ring Road (ORR). This move is in less than six months after collection of toll tax started on some stretches of the ORR. The toll collection agency PK Hospitality Services is getting ready to increase toll rates from the new financial year ie, April 1, 2013 as the government permitted the agency to increase fee every year.
The Bangalore Development Authority (BDA) is preparing a detailed project report (DPR) for the Peripheral Ring Road (PRR) project. The State government is ready to release funds for the public-private venture project. The 116 km road, that will circumnavigate the Indian IT city, will ease traffic on the Outer Ring Road by over 50 per cent and provide connectivity between State highways and national highways.