Major urban corridors in Indian cities are carrying significantly high traffic leading to near saturated conditions for extended peak hours. As mixed landuse and major trip attracting/generating establishments are generally observed to be located along such corridors for better accessibility, significant side friction is also observed along these corridors. Among various measures to improve the throughput along such corridors, signalized intersections seem to be the most preferred intervention for intersection control. Although frequent occurrence of such traffic signals and non-coordinated signal phases have in turn made the whole situation more complex. To overcome this challenge, variations of smart signals are being proposed by technology and traffic enterprises globally. Generally, smart interventions in operation of signalised intersections require communication among vehicles and control system through various sensors and applications of Intelligent transport services (ITS). Smart signal operations require the sensors grouted in pavement or attached with camera to share the relevant data in real time basis with central command and control centre. With adaptive signal operations, it is attempted to schedule signal phases in such a way that green phase of every cycle generally experiences near saturated flow conditions. The smart cities mission (SCM) of India, covering around 100 cities also focuses upon improving the urban mobility through various measures including smart signals. Some of the popular proposals relating to smart operation of signalised intersection across shortlisted smart cities include adaptive and coordinated traffic signals. It is understood that traffic signal optimization is not a one-time action but rather a continuous process, as data archiving, data crunching, research and adaptations are indispensable for its success. As the geometry, location and setting of each intersection in every network is bound to be unique, the optimization process needs to consider the same. The literature and case study of Indian city Bhubaneswar (ranked first in nationwide smart city challenge) revealed that challenges specific to Indian driving conditions are major cause of worry for yielding stated benefits of smart signals. Factors like varying hierarchy and functions along major arterial corridors, fluctuating carriageway width and quality, considerable side friction within right of way, heterogeneity in vehicular mix, significant variation in peak hour directional flows leading to tidal flow, surrounding network characteristics and efficacy of optimisation techniques are responsible for limited rewards out of the whole process. The study reflects upon these challenges and concludes with recommendations to improve the performance of signalized intersections along corridors with heterogeneous traffic conditions.