Himachal Pradesh development Corporation plans land-pool policy

07 Dec 2021 CW Team

The Himachal Pradesh Urban Development Authority (Himuda) is considering implementing a land-pooling policy. It has purchased 1,731 bigha of land in the state for Rs 156 crore and will now develop it to generate revenue rather than purchasing more.

It proposes to develop and market projects on the land of willing private owners without actually acquiring the land. Suresh Bhardwaj, the minister of urban development and housing, said at a meeting on Saturday about improving Himuda's financial situation that the agency will name colonies after tourist destinations such as Shimla, Solan, and Dharamshala to boost their brand value.

Himuda, according to Bhardwaj, should work differently than other government departments and complete its work on time, which will help the agency revamp. Bhardwaj formed a committee of Himuda officials to recommend ways to improve the company's financial situation, and he demanded that its Shimla projects be properly accounted for.

According to the minister, Himuda will follow new procedures in the future when purchasing land. It has approached industries and the horticulture department about leasing large swaths of land, as well as planning a one-stop-shop for allottees and other stakeholders. To record complaints, the agency will have a dedicated WhatsApp number.

Officials from HIMUDA, led by vice-chairman Praveen Sharma, presented a detailed proposal to improve the authority's operations.

Image Source

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..