Thiruvananthapuram Corp to re-tender housing project after 15 years
Real Estate

Thiruvananthapuram Corp to re-tender housing project after 15 years

The local authority has chosen to re-tender the Poonkulam housing project after 15 years, terminating Nirmithi Kendra's contract at its own risk and expense. The corporation made the decision to onboard Col...

The local authority has chosen to re-tender the Poonkulam housing project after 15 years, terminating Nirmithi Kendra's contract at its own risk and expense. The corporation made the decision to onboard College of Engineering, Thiruvananthapuram to conduct a stability audit on the Poonkulam construction project that had not moved forward since 2010. With a 12 per cent beneficiary contribution, about Rs 120,000 was given for the building of homes with two rooms, a kitchen, and a bathroom, with a plinth area ranging from 30 to 60 sq m. Four phases of project implementation were envisaged, costing a total of Rs 2.08 billion.

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Real Estate

CRDA Approves Rs 17.32 Bn Tenders for Housing and Infra

The Capital Region Development Authority (CRDA), during its forty-seventh meeting chaired by Chief Minister N. Chandrababu Naidu, approved tenders worth Rs 17.32 billion to develop key infrastructure in Amaravati’s core capital area.Municipal Administration and Urban Development Minister Ponguru Narayana announced that Rs 5.14 billion was sanctioned for completing gazetted officers’ towers initiated between 2014 and 2019. In addition, Rs 1.94 billion was approved for external infrastructure, Rs 5.07 billion for nine towers for non-gazetted employees, and Rs 5.17 billion for twelve new towe..

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Real Estate

Prestige Estates Nets Rs 30 Bn in NCR Debut Launch

Prestige Estates Projects Limited has recorded sales of over Rs 30 billion within one week of launching its first residential project in the National Capital Region (NCR). The project, The Prestige City, located in Indirapuram Extension on National Highway twenty-four, sold one thousand two hundred units during its initial launch phase.This marks the Bengaluru-based developer’s maiden entry into NCR’s residential real estate market. The company attributes the strong response to brand trust, strategic location, and rising demand for premium, planned communities.The launch covered two reside..

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Infrastructure Transport

Palakkad Railway Division Upgrades Turnouts for Safety

The Southern Railway’s Palakkad Division has implemented a series of infrastructure upgrades to enhance train safety and operational efficiency. Over the past one year, the division has replaced one hundred thirty-three ageing fifty-two kilogram turnouts with robust sixty kilogram Thick Web Switches, engineered for high-speed durability and increased strength.Seventy-seven track layouts were corrected using advanced computer-based geometry solutions, involving precise longitudinal and lateral alignment with the aid of the T-28 Track Relaying Machine. These corrections improve track stability..

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