Coimbatore govt to increase limits of LPA to 2,500 sq metres

20 Aug 2021 CW Team

A few office-bearers of Confederation of Real Estate Developers Associations of India (CREDAI) Coimbatore told the media that the state government plans to increase the approval limits of the Local Planning Authority (LPA) from 1,500 sq metres (m) to 2,500 sq m to reduce the approval time for building constructions.

Previously, it took six months to get approvals, and now, the expected time is three months. The president of CREDAI, Gugan Elango, said that earlier, builders had to go to Chennai to get approval for buildings above 1,500 sq m which took about six months to complete the process. Now, LPA can approve building plans up to 2,500 sq m, which takes three months for the whole process.

He also said that the state government had been positively considering other demands, such as creating the Coimbatore Development Authority like the Chennai Metropolitan Development Authority. CREDAI seeks the state government to convey a single-window system to give approvals in 30 days for setting up a new firm.

About the industrial growth, builders said that the housing demand in Coimbatore is fine since there are only some completed housing projects waiting for the sale, and many projects are quickly taking shape to meet the housing demand.

Despite the Covid-19 pandemic, ongoing projects are progressing. According to the office-bearer, nearly 80% of the migrant labourers, who form the bulk of the workforce, are available for work. All the workers are vaccinated to ensure safety at the workplace.

The builders are trying not to raise the prices of raw materials such as steel, cement, concrete, and sand to the customers, the office-bearer said.

Image Source

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..