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01 Sep 2023
Madhya Pradesh Industrial Development Corporation (MPIDC) is embarking on a significant initiative to establish an industrial-residential township across 2,200+ hectares in Pithampur Sector-7, Indore district. The three-phase plan includes land acquisition, compensations, and construction. Rs 80 crore disbursed for 400 hectares of private land acquisition. The township will have industrial and residential zones, accommodating laborers. With a 2–3 year completion timeline, the project aims to set a benchmark for industrial development, featuring modern amenities and catering to both industrial and residential needs.Read more
28 Aug 2023
The residents of NOIDA's Kasna B-Block, living on abadi plots designated under the kisan quota, are facing dire conditions due to the absence of proper infrastructure. Despite being in proximity to administrative offices, the area lacks essential amenities like sewage systems, drains, and functional roads. The single access road is unpaved and filled with potholes, worsened by recent monsoon rains and nearby drainage overflow. Complaints to the GNIDA have reportedly yielded little action, leaving residents disillusioned. Water connections have been paid for but remain absent, sewers are non-functional, and road repairs are incomplete. Residents are grappling with neglect and unfulfilled promises, despite their legal entitlement to basic infrastructure.Read more
28 Aug 2023
In a tragic turn of events, an under-construction railway bridge in Mizoram's Aizawl district collapsed last week leading to the death of 18 workers, primarily from West Bengal. Five workers remain missing. The Indian Railways cites a gantry collapse as the cause. Prime Minister Narendra Modi announced an ex gratia of Rs 2 lakh for the deceased's families. Mizoram and West Bengal Chief Ministers have expressed their condolences and pledged support for ongoing rescue efforts. The event has ignited discussions on the need for enhanced safety in infrastructure projects.Read more
26 Aug 2023
After a 23-year-long legal dispute, Noida Authority is finally moving forward with the development of Sector 42 as a residential area. The original plan for the sector's development was approved in 1997, but it was delayed due to a legal challenge from the Central Employees Cooperative Housing Society, which claimed ownership of land within the sector. After years of legal proceedings, the Supreme Court ruled that the cooperative society members would receive apartments and the remaining land could be developed by the Authority. The Authority has now approved a revised layout for Sector 42, which includes residential plots and various amenities. This move is expected to generate significant revenue for the Authority while addressing the city's need for residential space.Read more
25 Aug 2023
For a future IT Park, the Maharashtra Industrial Development Corporation (MIDC) has selected a 100-acre area in Rajur Bahula, close to Nashik. Once the final pieces of the property have been acquired, the IT Park will help Nashik expand economically and create new jobs. This action fits with the general national trend that emphasizes technological growth. The program demonstrates the government's dedication to encouraging innovation and luring capital to the technology industry. Nashik's advantageous location and expanding industrial landscape place it in a position to become a prospective IT centre with room to grow and modernize in the future.Read more
24 Aug 2023
India advances its strategic infrastructure initiatives in Eastern Ladakh, gearing up to unveil the world's highest motorable road, bi-lane tunnel, and fighter jet base. Spearheaded by the Border Roads Organisation (BRO) under Lt. General Rajeev Chaudhry, these projects aim to boost both defense readiness and civilian connectivity. The Nyoma Airfield, poised to be among the globe's loftiest, will be operational by next December. With these developments, India firmly positions itself as a global infrastructural frontrunner.Read more
21 Aug 2023
Kerala's government has taken a significant stride, permitting individual developers to establish industrial parks. The revised Private Industrial Estate (PIE) scheme extends financial aid of up to Rs 3 crore for crucial infrastructure, including roads, electricity, water supply, and communication networks within these parks. This expansion, previously restricted to companies and MSME groups, seeks to elevate industrial growth by encouraging private industrial park creation through individual developers. The initiative aims to enhance overall industrial infrastructure and development prospects within the state.Read more
21 Aug 2023
Bengaluru has witnessed a remarkable 1,005% increase in its urban built-up area from 1973 to 2017, according to the "Liveability Index" report by CiRE (Corporates in Real Estate). The city, home to over 15% of Karnataka's population, has solidified its role as a significant tech and employment hub, with software exports soaring to Rs 6.3 lakh crore in 2022. In the real estate sector, Bengaluru accounted for 20% of India’s commercial leases last year, absorbing 12.5 million sq ft of office space in 2022 alone. The report predicts sustained growth for the city, fuelled by ongoing infrastructure projects and a positive investment climate.Read more
21 Aug 2023
The Bangalore Development Authority's (BDA) land layouts in Karnataka have fallen short of promises, prompting the Deputy Chief Minister's call for immediate action. Urban planning discrepancies have raised concerns about the city's liveability and growth. The BDA's incomplete layouts could lead to inadequate infrastructure and services, necessitating urgent intervention to align development with residents' needs and ensure sustainable urban expansion.Read more
19 Aug 2023
Noida is poised for a substantial expansion across 21,000 hectares, endorsed in the draft Master Plan 2041 for Dadri-Noida-Ghaziabad Investment Region (DNGIR). This enlargement encompasses 20 Noida and 60 Bulandshahr villages. Notably, 8,800 hectares (40%) are slated for industries, 2,500 hectares (12%) for residences, and 3,780 hectares (18%) for green and recreational spaces. Phase one's Rs 8,500 crore investment will transform 3,000 hectares, anticipating a staggering Rs 40,000 crore influx and generating 50,000+ jobs. The expansion aligns Noida with sustainable growth, harmonizing industry, homes, and leisure spaces.Read more