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Project delayed: Municipal Corporation seeks status report
Three projects of the Ludhiana Smart City Mission belonging to the Public Works Department (PWD) are delayed until 2021. Concerned about three projects that went beyond schedule, the Municipal Commissioner (MC) is asking authorities to provide an explanation. These developments are expected to cost Rs. 0.32 million.
PWD was tasked with carrying out the three projects, which included the construction of a classroom each in two schools and a multipurpose sports hall in a third school. The projects were supposed to be completed by 2022, but this year they missed another deadline on Mar..
NHAI Rejects Ludhiana MC's Highway Ad Proposal
The National Highways Authority of India (NHAI) has rebuffed Ludhiana Municipal Corporation's proposal to install advertisements on highway pillars. The decision comes amidst concerns over safety and aesthetics along the city's highways. Ludhiana MC had sought permission to erect advertisements on NHAI-owned pillars along the Ludhiana-Delhi national highway stretch, aiming to generate revenue. However, NHAI has cited safety hazards and visual clutter as primary reasons for rejecting the proposal.
NHAI's refusal underscores the agency's commitment to maintaining safety standards on Indi..
Hampton Sky Realty's Ludhiana Project Approved
Hampton Sky Realty has received approvals for its latest commercial project in Ludhiana, marking a significant milestone for the real estate developer. The venture promises to bring a wave of innovation and modernity to Ludhiana's commercial landscape, catering to the evolving needs of businesses and consumers alike.
The project's approval signifies the culmination of meticulous planning and strategic vision by Hampton Sky Realty. Leveraging its expertise and experience in the real estate sector, the developer aims to create a dynamic hub that fosters economic growth and prosperity in ..
Residents Sceptical of Sahastradhara Road Widening
Residents in Dehradun have raised questions and expressed scepticism regarding the proposed widening project for Sahastradhara Road. The project, aimed at widening the road to accommodate increased traffic, has faced criticism and scrutiny from local residents concerned about its potential impact on the environment and surrounding areas.
The Sahastradhara Road widening project has sparked debate among residents, with some questioning the necessity and feasibility of the initiative. Critics argue that widening the road may lead to the loss of trees, green spaces, and heritage structures ..
Warburg Pincus Acquires Shriram Housing Finance
Warburg Pincus, a leading global private equity firm, has announced its acquisition of Shriram Housing Finance for an impressive sum of Rs 4,630 crore. This strategic move underscores Warburg Pincus' commitment to expanding its presence in the Indian financial sector and capitalizing on the growing demand for housing finance solutions in the country.
Shriram Housing Finance, a subsidiary of Shriram City Union Finance, has established itself as a key player in the affordable housing finance segment, catering to the needs of millions of aspiring homeowners across India. The acquisition b..
