[ad_1] Representative image HYDERABAD: Housing minister Ponguleti Srinivas Reddy said the state govt is contemplating developing housing projects between Outer Ring Road and Regional Ring Road in three corners of the city as part of providing affordable housing for middle class and lower middle class people. “The housing department will identify 100 acres of land…
[ad_1] Representative image Crisis-hit Jaypee Group‘s flagship firm Jaiprakash Associates, which is facing insolvency proceedings, has a total outstanding loan of Rs 55,525.89 crore as on November 10, 2024. In a regulatory filing on Thursday, Jaiprakash Associates Ltd (JAL) informed the “total amount of outstanding borrowings from banks/financial institutions on a provisional basis” stood at…
[ad_1] Representative image BERHAMPUR: The state govt has ruled out a proposed merger of several villages with Berhampur Municipal Corporation (BeMC). On Tuesday, housing and urban development minister Krushna Chandra Mohapatra informed the assembly while responding to a query from Berhampur MLA K Anil Kumar. The govt decision comes after reviewing objections and suggestions from…
[ad_1] Representative image PANAJI: The Corporation of the City of Panaji (CCP) served notices to 457 tenants of the city’s municipal market who allegedly defaulted on their shop rent payments. The civic body instructed these tenants to submit their rent receipts and trade licences to validate their leasehold licensee status for their respective shops. According…
[ad_1] Representative image NEW DELHI: WeWork India, a flexible workspace provider, has leased a two-floor workspace with over 1,400 desks spread across approximately 1.17 lakh sq ft in DLF Cybercity, Gurugram. The company has also rented two floors with over 1,900 desks spread across approximately 1.26 lakh sq ft in DLF Cybercity, Manapakkam, Chennai. Both…
[ad_1] Representative Image VIJAYAWADA: While Amaravati works are poised to start again after clearing all legal and technical hurdles, the delay in completion of the capital city over the past five years has resulted in cost esclation by nearly 30%. The Capital Region Development Authority (CRDA) cancelled the existing contracts entered into during the previous…
[ad_1] Representative image VIJAYAWADA: Andhra Pradesh govt has decided to start sand mining operations through machines in about 48 locations across the state, with sand committees told to invite tenders and finalise the bids at the district level. The move is aimed at facilitating more sand reaches to launch operations, which will boost availability of…
[ad_1] Representative image KOLKATA: Northeast-based Star Cement on Wednesday said it plans to expand its capacity by an additional two million tonnes through a greenfield project in Assam‘s Silchar at a cost of Rs 400 crore. The expansion is expected to be completed within the next two years, the firm said. Talking to PTI, the…
[ad_1] Representative image In a first for any slum rehabilitation project in India, the Dharavi Redevelopment Project (DRP) has embraced cutting-edge technologies to survey and document Asia’s largest slum, officials said. Drones and remote sensing technology Light Detection and Ranging (LiDAR) are being used to map the 620 acres densely populated Dharavi slums. This is…
[ad_1] NEW DELHI: The organised paints sector’s production capacity is set to nearly double to ~7.8 billion litre per annum (blpa) between fiscals 2024 and 2027 with investments of ~Rs 19,000 crore lined up, including by one large entrant, according to Crisil Ratings. A large part of this, around 2.4 blpa will be operational this…