Rajasthan Plots Leasing Model for Sitapura Plug-And-Play Park
The Rajasthan government is weighing three allotment formats—fixed monthly rent, fixed long- or short-term lease and e-auction—for its new plug-and-play industrial complex at Sitapura SEZ-II, Jaipur. The three-storey “flatted factory” scheme, built by Rajasthan State Industrial Development and Investment Corporation (RIICO), offers 33 pre-built units of 1,030 sq ft, 1,260 sq ft and 1,360 sq ft complete with power, water, internet and shared amenities such as parking, a conference hall, bank, canteen and reception.Officials say leases will run for at least 30 years with scope for extens..
Incuspaze Buys TRIOS To Boost Revenue and Pune Presence
Managed-workspace provider Incuspaze has acquired smaller rival TRIOS in a cash-and-stock transaction, strengthening its foothold in Pune at a time when flexible-office operators eye the next wave of demand in non-metropolitan markets. The deal supports Incuspaze’s plan to lift operating revenue to between Rs 3.5 billion and Rs 4 billion in the year to March 2026 as global capability centres and multinational firms expand.Founded in 2015 by Pratik and Tejasa Potnis, TRIOS runs ten coworking hubs in Pune and two in Gurugram, serving more than 125 clients. Incuspaze, launched a year later by S..
Railways To Add 2,000 Trains, End Waiting Lists
Indian Railways will introduce about 2,000 extra trains a day over the next four years, lifting the daily total to nearly 13,000 services and aiming to provide every traveller with a confirmed berth. According to a senior Railway Ministry official, the enlarged timetable should raise annual passenger capacity from roughly 8 billion to 10 billion and wipe out the 50 million-strong waiting-list that recurs each year.The plan calls for 450 Vande Bharat sets, 200 push-pull formations and a mix of new Mail and Express services. Capacity freed by the Dedicated Freight Corridor, plus continuous track..
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