
Rs18,585Cr Mobility Masterplan Set To Zoom City Into Future
2
Nagpur: Imagine a Nagpur where your daily commute is smoother, faster, and greener. That's the vision behind the city's ambitious Rs18,585.5 crore
Comprehensive Mobility Plan
(CMP), designed to revolutionise urban travel over the next several years. Drafted by
MahaMetro
in partnership with Rail India Technical and Economic Service (RITES), this multi-phased blueprint is nearing final review and promises a complete overhaul of Nagpur's transport landscape — from footpaths and flyovers to electric buses and mass rapid transit corridors.The ambitious CMP breaks down its budget into three implementation phases.
Phase 1, the most expansive, will require Rs14,067 crore. Phase 2 will follow with Rs3,637.8 crore, and Phase 3 will round off the execution with Rs880.7 crore.
The core focus areas for this extensive development include Non-Motorised Transport (NMT) facility improvements, mobility management measures, public transport enhancement, freight infrastructure development, and road improvement projects.A closer look at the project reveals that the lion's share of funding is reserved for creating High Capacity Mass Rapid Transit Corridors (MRTCs). The 36.5 km long stretches of high capacity corridors are planned at a cost of Rs9,125 crore, making it the single largest investment item in the proposal. Following this is the Medium Capacity MRTC, spanning 40.5 km with a budget of Rs4,455 crore. Interestingly, electric buses stand as the third-largest expenditure, with an allocation of Rs3,493 crore, underlining a serious push towards clean, sustainable public transport. The plan also includes city forecasting till 2054.Apart from the MRT systems and electric fleet, the plan includes a range of other major infrastructure developments. These include road widening, flyovers, underpasses, Road Over Bridges (ROBs), and upgraded bus terminals. A strong emphasis has also been placed on improving pedestrian infrastructure. About 156km of footpaths have been proposed in Phase 1 alone, with a standard minimum width of 1.8 meters and a curb height of 150 mm for pedestrian comfort and safety.Smart mobility also plays a key role in the CMP. An Intelligent Traffic Management System (ITMS) is proposed at 175 strategic locations across the city, backed by a budget of Rs175 crore. To tackle the city's growing parking woes, the plan proposes four new off-street parking facilities with over 1,400 Equivalent Car Spaces (ECS) and 27 on-street parking zones covering 25.5km.The groundwork for the plan is already set through comprehensive surveys. A 650 km road network survey, speed and delay assessments, and vehicle counts at fuel stations were carried out. In addition, three bus terminals and four railway terminals were studied to assess multimodal integration.Although the blueprint is elaborate and forward-looking, it is still under review. A second round of stakeholder discussions was recently held at the divisional commissionerate. Officials confirm that a final review meeting is expected soon, after which the proposal will be sent to the state govt for approval.If approved and executed as envisioned, this CMP has the potential to completely reshape how Nagpur commutes, making it one of the most modern, connected, and commuter-friendly cities in India.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
18 hours ago
- Mint
Recommended stocks to buy today, 24 July, by India's leading market experts
All eyes will be on reaction to the Q1 earnings from Infosys, Dr. Reddy's Labs and Tata Consumer Products, with stock-specific swings set to steal the spotlight. Traders will juggle momentum-driven gains and selective profit-taking as they position ahead of key macro data later this week. Three stocks to trade, recommended by NeoTrader's Raja Venkatraman: Southern Petrochemicals Industries Corp. Ltd (Cmp 88.36) Buy CMP and dips to ₹85 | Stop ₹82 | Target ₹98-102 Why it's recommended: India's fertilizer companies are performing well. The company has shown good profit growth of 19.24% over the past three years and 47.5% CAGR over the last five years. This counter has simultaneously been showing some improvement after the strong decline into cloud support and generated a buy opportunity yesterday. After a push above the clouds, we can see that the stock is set for a turnaround. Go long. Key metrics: P/E: 13.78 | 52-week high: ₹96.50 | Volume: 1.64M. Technical analysis: Support at ₹80, resistance at ₹110. Risk factors: Delays in government subsidy receipts and market collections. Disruptions to interactions with farmers. Buy at: CMP and dips to ₹85. Target price: ₹98-102 in 1 month. Stop loss: ₹82. Olectra Greentech Ltd (Cmp 1327.30) Buy CMP and dips to ₹1,280 | Stop ₹1,265 | Target ₹1,450-1,480 Why it's recommended: OLECTRA has shown a V-shaped recovery, indicating that the trends in this counter look strong for some positive traction ahead. The prices have been moving in oscillation, forming a V-shaped recovery, and the recent move out of the consolidation augurs well for the prices. You can look to go long. Key metrics: P/E: 78.08 | 52-week high: ₹1,786.65 | Volume: 1.75M. Technical analysis: Support at ₹1,170, resistance at ₹1,600. Risk factors: Order cancellations and delays, and debt servicing capacity due to increased borrowings. Buy at: CMP and dips to ₹1280. Target price: ₹1,450-1,480 in 1 month. Stop loss: ₹1,265. Mahindra Holidays and Resorts India Ltd (Cmp 367.25) Buy CMP and dips to ₹352 | Stop ₹345 | Target ₹400-420 Why it's recommended: The counter has been undergoing some consolidation and has formed a rounding pattern after facing intense selling pressure for more than eight weeks. The prices hit a consolidation zone at cloud support, indicating that a positive turnaround is emerging. After the recent test of the TS & KS Bands, with a strong closing on Wednesday post results, we can look at some positive vibes emerging. Key metrics: P/E: 36.96 | 52-week high: ₹494.95 | Volume: 1.32M. Technical analysis: Support at ₹330, resistance at ₹450. Risk factors: Supplier retention and potential customer preferences, regulatory challenges. Buy at: CMP and dips to ₹352. Target price: ₹400-420 in 1 month. Stop loss: ₹345. Best stocks to buy today, recommended by Ankush Bajaj Buy: KALYAN JEWELLERS INDIA LTD — Current Price: ₹611.80 Buy: DIXON TECHNOLOGIES (INDIA) LTD — Current Price: ₹16,556.00 Buy: NATIONAL ALUMINIUM CO LTD — Current Price: ₹198.10 Two stock recommendations for today by MarketSmith India Manorama Industries Ltd.(current price: ₹1,585) K.P.R. Mill Limited (current price: ₹1,230) Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Raja Venkatraman is the co-founder of NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. MarketSmith India is a stock research platform and advisory service focused on the Indian stock market. Its trade name is William O'Neil India Pvt. Ltd, and its Sebi registration number is INH000015543. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.


Mint
19 hours ago
- Mint
Best mid-cap stocks to buy today, 24 July, recommended by NeoTrader's Raja Venkatraman
All eyes will be on reaction to the Q1 earnings from Infosys, Dr. Reddy's Labs and Tata Consumer Products, with stock-specific swings set to steal the spotlight. Traders will juggle momentum-driven gains and selective profit-taking as they position ahead of key macro data later this week. Here are three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader for Thursday, 24 July: Southern Petrochemicals Industries Corp. Ltd: Buy CMP and dips to ₹85 | Stop ₹82 | Target ₹98-102 Olectra Greentech Ltd: Buy CMP and dips to ₹1,280 | Stop ₹1,265 | Target ₹1,450-1,480 Mahindra Holidays and Resorts India Ltd: Buy CMP and dips to ₹352 | Stop ₹345 | Target ₹400-420 Market update Wednesday saw robust gains on India's equity markets, fuelled by positive cues from Asia after a landmark US-Japan trade agreement. By 1:23pm IST, the BSE Sensex climbed 321 points to 82,508, while the NSE Nifty added 95 points, reaching 25,156. Japanese equities led regional advances, and the MSCI Asia-Pacific Index (ex-Japan) rose 0.7%. US treasury secretary Scott Bessent's announcement that American and Chinese officials will meet in Stockholm next week to discuss extending the 12 August trade-talk deadline further lifted sentiment. The prospect of easing global trade frictions has mitigated macroeconomic uncertainty, supporting risk appetite. Despite these gains, expectations for an interim India-US trade deal remain subdued, as tariff disputes on key agricultural products persist. Domestically, attention is turning to first-quarter corporate earnings, with Infosys, Dr. Reddy's Laboratories, and Tata Consumer Products poised to deliver results that could drive stock-specific volatility through the remainder of the week. Outlook for trading Volatility was the key feature of the market throughout this week, and the market was whipped around quite a bit as global trends were the main drivers of the sentiment. There really wasn't much by way of local news flow to contain the volatility induced. The moves were also reasonably large, creating sufficient moves to bring people in—only to get knocked out the following day! Trading, therefore, was quite difficult through the week, and it would have been a wonder if one came out largely unscathed in the week. The rally after a strong decline in the middle of the week does restore some confidence, but the swift recovery from lower levels is signalling that the highs will once again be challenged. The attempts continue to emerge as the market tries to carve out a bullish possibility. As we head into the last trading day of the week, we could experience some profit booking as we are not nearing an important inflexion zone. However, the trends are still circumspect, and we are witnessing limited market participation. The Nifty now seeks to contest the resistance around the 25,300 mark, while the Nifty Bank aims to clear 57,500 to clear the air of uncertainty. Volatility is now part of the ever-changing market scenario as the sentiment keeps changing. Risk management is critical, as the lack of clarity is greater than ever. The Nifty is showing a resolve now to move higher as it has once again closed above 25,200, which acts as a big hurdle and is also the Max Pain point. An interesting point to note is that the bullish revival is seen as the PCR has stepped above 1. With the Open Interest data clearly indicating a revival, one should keep tracking a 30-minute range breakout on Thursday, as it continues to be an important metric for creating some longs. As indices are not showing much decline, one should look to encash some stock-specific action. Three stocks to trade, recommended by NeoTrader's Raja Venkatraman: SPIC (Cmp 88.36) Why it's recommended: India's fertilizer companies are performing well. The company has shown good profit growth of 19.24% over the past three years and 47.5% CAGR over the last five years. This counter has simultaneously been showing some improvement after the strong decline into cloud support and generated a buy opportunity yesterday. After a push above the clouds, we can see that the stock is set for a turnaround. Go long. Key metrics: P/E: 13.78 | 52-week high: ₹96.50 | Volume: 1.64M. Technical analysis: Support at ₹80, resistance at ₹110. Risk factors: Delays in government subsidy receipts and market collections. Disruptions to interactions with farmers. Buy at: CMP and dips to ₹85. Target price: ₹98-102 in 1 month. Stop loss: ₹82. OLECTRA (Cmp 1327.30) Why it's recommended: OLECTRA has shown a V-shaped recovery, indicating that the trends in this counter look strong for some positive traction ahead. The prices have been moving in oscillation, forming a V-shaped recovery, and the recent move out of the consolidation augurs well for the prices. You can look to go long. Key metrics: P/E: 78.08 | 52-week high: ₹1,786.65 | Volume: 1.75M. Technical analysis: Support at ₹1,170, resistance at ₹1,600. Risk factors: Order cancellations and delays, and debt servicing capacity due to increased borrowings. Buy at: CMP and dips to ₹1280. Target price: ₹1,450-1,480 in 1 month. Stop loss: ₹1,265. MHRIL (Cmp 367.25) Why it's recommended: The counter has been undergoing some consolidation and has formed a rounding pattern after facing intense selling pressure for more than eight weeks. The prices hit a consolidation zone at cloud support, indicating that a positive turnaround is emerging. After the recent test of the TS & KS Bands, with a strong closing on Wednesday post results, we can look at some positive vibes emerging. Key metrics: P/E: 36.96 | 52-week high: ₹494.95 | Volume: 1.32M. Technical analysis: Support at ₹330, resistance at ₹450. Risk factors: Supplier retention and potential customer preferences, regulatory challenges. Buy at: CMP and dips to ₹352. Target price: ₹400-420 in 1 month. Stop loss: ₹345. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.


Time of India
a day ago
- Time of India
RITES and CMPDI ink strategic pact to explore mining and energy projects
RITES Ltd and Central Mine Planning & Design Institute Limited (CMPDI) on Wednesday signed a Memorandum of Understanding (MoU) to jointly pursue projects and consultancy assignments in India and abroad, with a particular focus on mining, renewable energy , and associated infrastructure development. RITES , a Navaratna company with its extensive international experience, market intelligence, and logistics infrastructure proficiency, will support CMPDI in securing mining projects, undertaking diverse consultancy assignments, and designing capacity-building programmes, the joint statement said. The partnership also extends to collaborating on consultancy assignments and jointly submitting proposals for both domestic and international mining and evacuation projects. By aligning with CMPDI, a Coal India subsidiary, RITES intends to bolster its positioning in the mining consultancy segment and broaden its footprint in renewable infrastructure, further enhancing its international project base spanning over 55 countries. Meanwhile, the Board of Directors of RITES is scheduled to meet on August 6, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.