Cabinet Approves 12 Industrial Smart Cities Worth Rs28,602 cr
The Union Cabinet Wednesday approved setting up 12 industrial smart cities with an outlay of 28,602 crore, with an in- vestment potential of 1.5 lakh crore and employment potential of 1 million direct jobs and up to 3 million indirect jobs. “The industrial parks will forma golden quadrilateral…there are 20 industrial smart cities and townships […]
12 industrial smart cities in 10 states, 40 lakh jobs, 1.5 lakh crore investment
The Union Cabinet for Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved 12 new industrial smart cities in the country. These 12 industrial smart cities spread across 10 states and adjacent to six major corridors will prove to be an important leap in promoting manufacturing. The government will invest Rs 28,602 crore […]
Real Estate: 81% funding of last year in just 6 months, 62% increase
The confidence of domestic and foreign institutions in the country’s real estate sector has increased. According to a report by real estate consultation firm JLL, a record institutional investment of Rs 39,944 crore was made in the realty sector during the first half of 2024. This is 81% of the investment of Rs 48,672 crore […]
Gwalior Industry Conclave: 27 industries will start today… 120 will get 270 acres of land
In the Regional Industry Conclave to be held in Gwalior from Wednesday, 270 acres of land will be allotted to 120 industrial units for industrial construction. In the program, Chief Minister Dr. Mohan Yadav will also perform virtual bhoomi pujan of 17 units of the industry and inaugurate 10 of them. Through these 27 units, […]
Taj Hotel will be built on 5 acres in Indore and its Vivanta will also be built from next year.
New five star hotels will soon open in the commercial capital Indore. 350 rooms will be constructed in the first phase of the Taj Hotel to be built on 5 acres. The hotel will also have the state’s largest convention center whose capacity will be around 40 thousand. Gateway hotel of IHCL group of companies […]
Preparation to make Mandideep the first smart industrial area of the state.
There is a proposal to make Mandideep Industrial Area spread over about 1100 hectares as the first smart industrial area of Madhya Pradesh. Recently, this proposal has been submitted to Chief Minister Dr. Mohan Yadav on behalf of All Industry Association Mandideep. According to the proposal, the proposed area will be under the surveillance of […]
IndoSpace Plans to Invest over Rs580 cr to Set up 2 Logistic Parks in Karnataka
Bengaluru Mumbai: Private equity firm Everstone Group-backed developer and owner of Grade A industrial real estate IndoSpace is planning to invest over Rs580 crore to develop two new logistic parks spread over 76 acres in Karnataka as part of the commitment made by the company through a Memorandum of Understanding (MoU) signed with the state […]
Hiranandani JV to Set up Industrial Parks in Chennai
Green base to buy 3 land parcels, and invest ₹700 cr to finish parks in FY25 Bengaluru: Green base Industrial and Logistics Parks, realty major Hiranandani Group and US-based private equity firm Blackstone Gro- up’s joint venture, is set to acquire three land parcels spread over 211 acres across Southwest Chennai’s Oragadam area and in […]
Now people are preferring bigger houses, flat size has doubled in five years.
Despite the high prices in the country, the demand for big size flats has increased rapidly. The average size of a flat has increased by 32% in the last 5 years in the top 7 cities. The average size of flats sold in these cities in the first half of 2024 was 1513 square feet. […]
Ahilyapath: 40 projects approved, only the land will be free where the work starts.
Board meeting •Hockey turf will be built near Pipalyahana swimming pool. A major decision has been taken in the meeting of the Board of Directors of Indore Development Authority on Friday. It has been agreed to send a proposal to put the government seal on Ahilya Path. At the same time, in the 8 villages […]
