Karnataka Minister to Build Hi-Tech Cities on Bengaluru Outskirts

12 Jun 2023 CW Team

The Karnataka Housing Board (KHB) was given instructions by Housing Minister B.Z. Zameer Ahmed to create a project report for the development of five high-tech satellite towns (satellite cities) on the outskirts of Bengaluru and to construct opulent villas on all four corners.

In light of the rising demand for homes in the state capital, he gave the concerned officials instructions to prepare a detailed proposal for the construction of world-class townships on 2,000 acres in each location. He also instructed them to build opulent villas in the private sector. He continued, "The land needed for these two projects needs to be identified as soon as possible. The minister instructed the KHB to create the plan in such a way that there would be space for each satellite town to be built on 2,000 acres, as well as the ability to create 30,000 sites and 5,000 homes. 1.50 lakh plots and 25,000 homes would be present in each of the five satellite towns.

The location of the villas must be near a natural area, and the Board must designate about 500 acres there. The Minister stated that while the KHB must not consider profit while creating housing programs for the underprivileged, there must be no compromise on work quality.

Infrastructure Transport

19 Sep 2025

Maharashtra Approves Rs 9.31 Bn for Bhandara–Gadchiroli Expressway

The Maharashtra cabinet, chaired by Chief Minister Devendra Fadnavis, has approved the revised design and funding of Rs 9.31 billion for the Bhandara–Gadchiroli controlled access expressway, a project expected to enhance connectivity across Vidarbha.The 94.2 km expressway, to be implemented by the Maharashtra State Road Development Corporation (MSRDC), will cut the Bhandara–Gadchiroli distance by 23 km and reduce travel time to 1.5 hours. Of the sanctioned funds, Rs 5.34 billion has been earmarked for project work and Rs 3.96 billion for interest, with land acquisition to begin shortly.The..

Waaree Energies to Offload 14.66% Stake in Indosolar via OFS

Waaree Energies, promoter of Indosolar, will sell up to 61 lakh equity shares, representing 14.66 per cent of Indosolar’s paid-up capital, through an Offer for Sale (OFS) on stock exchanges. The move is aimed at meeting SEBI’s minimum public shareholding (MPS) norms.The OFS will open for non-retail investors on September 18 (T-day), followed by retail investors on September 19 (T+1 day), through a dedicated trading window. Each share carries a face value of Rs 10.Antique Stock Broking has been appointed as the seller’s broker to manage the transaction, ensuring compliance and transparenc..

Gujarat Adds 6,632 MW Renewable Capacity in 2025

Gujarat has added 6,632 MW of renewable energy capacity between April and August 2025, taking its total installed capacity to 39,275.7 MW.The surge is driven by large-scale solar parks, hybrid solar-wind projects, and enhanced transmission infrastructure, further cementing Gujarat’s position as a renewable energy leader.Officials said the expansion supports the state’s sustainable energy goals while strengthening grid reliability and ensuring long-term energy security.News source: Bharat Aawaz ..