BDA cites changes to TCE for satellite city

Bhubaneswar dev plans real estate survey to improve planning

The Bhubaneswar Development Authority (BDA) is set to undertake a groundbreaking real estate survey, marking a significant step towards enhancing urban planning in the city. This pioneering survey aims to evaluate various facets of a property and propose measures to elevate the urban living experience.

As part of this comprehensive survey, the BDA will assess multiple components of real estate properties, including their sewerage and drainage systems, solid waste management practices, parking facilities, security measures, and more. Subsequently, a thorough examination of the property'..

Indian Railways looks to exit Bhubaneswar railway revamp due to delays

The East Coast Railway (ECoR) has urged the Odisha government to revise the conditions laid down in the agreement signed in September 2019, so that the Indian Railways can carry out its part of the development work of the Bhubaneswar railway station alone.

Miffed over delay in execution of the development work with the State government, the Indian Railways wants to work alone.

The development of the railway station into a world-class multimodal hub was to be done by the Bhubaneswar development authority (BDA) and ECoR at Rs 910 crore, as per the agreement. While, under the..

Indian Government Reduces Windfall Tax on Crude Petroleum

The Indian government has decided to reduce the windfall tax on crude petroleum, lowering it to Rs 5,700 per metric ton effective from May 16. This decision comes amidst efforts to balance revenue generation with the need to mitigate the impact of high global crude oil prices on domestic consumers and industries.

The windfall tax reduction follows a period of sustained increase in global oil prices, which have posed challenges for India's economy and inflationary pressures. By revising the tax rate downwards, authorities aim to provide relief to consumers while ensuring a stable environ..