Cuda to develop a new layout on site-sharing basis

01 Mar 2022 CW Team

Chamarajanagar Urban Development Authority (Cuda) undertakes a project to develop a new layout on a site-sharing basis. Cuda has recognised 14.24 acres of land at Jalahallihundi on Santhemarahalli Road for the project.

The state government has approved the development of the new layout with modern facilities on a 50:50 partnership basis. It comes amid an unsuccessful attempt by its counterpart in Mysuru. Cuda will undertake the project once the technical design of the new layout is prepared.

Cuda commissioner Dr M S Pankaja told the media that a decision to this effect was taken at the recently held general meeting. The state government has given its approval to develop this new layout, she confirmed.

As several private players are creating new layouts, distributing several measures of sites to buyers without giving much significance to guarantee basic amenities such as underground drainage, street lights and power connections, the urban development body has planned to create this layout on a partnership basis.

Cuda has additionally received a lot of complaints regarding private land developers developing new layouts without leaving space for parks and other civic facilities flouting the urban development norms. Cuda has started the project as many buyers, who had purchased sites from such private players are presently moving from pillars to posts to get e-property documents. Cuda chairman Kulagana Shanthamurthy P B told the media that the district headquarters Chamarajanagar is still lacking basic facilities even after 25 years of its construction.

Image Source

Also read: AUDA’s Rs 1,210.73 cr annual budget focuses on water supply & roads

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..